![]() ![]() ![]() Satyam Scandal Financial Management (Satyam Scandal) Satyam was established in 1987 4th fastest growing IT company in India 9% market share 53’000 employees Revenue $2.1billion First Indian company to be listed in three International Exchanges:NYSE,DOW and EURONEXT. The Global corporate community was shocked and scandalised when the chairman of Satyam, Ramalinga Raju resigned on 7 January 2009 and confessed that he had manipulated the accounts by US$1.47-Billion.Ī Ethical Study on Satyam Computer Scandal - authorSTREAM Presentation. The Satyam Computer Services scandal was a corporate scandal that occurred in India in 2009 where chairman Ramalinga Raju confessed that the company's accounts had been falsified. ![]()
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