Strangely after criticising the World Bank for the ban imposed by them on the company on account of fraudulent dealings, Satyam chairman Ramalinga Raju has finally stepped down from his high horse.
On Wednesday, after sending an apology letter to all the company’s stockholders, Raju finally resigned.
He even admitted to all the wrong doings that he had done in a bid to acquire Maytas Properties and Maytas Infra.
Subsequently, many brokerage firms including Credit Suisse, Religare and Angel Broking suspended their coverage of Satyam Computer’s shares.
Wish something similar could be down about their Internet service Sify Broadband. If you are a user I am sure you would know what I am talking about…
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2 years ago
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Wipro retained top position in the buying list among Sensex stocks, up 3.5 percent ahead of board meeting to discuss buyback of shares.capitalstars
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