Posts Tagged ‘corporate fraud’
BT Backs Tech Mahindra to Buy Satyam
Thursday, April 16, 2009 6:45 No CommentsTech Maindra, the IT group which BT holds a 31% stake, agreed to buy the disraced IT comopany—Satyam, which is at the centre of India’s biggest corporate fraud.
The sale, which is conducted by auction and rushed through by the Indian Government, values Satyam at about 670 million pounds. It will transform Tech Mahindra into an [...]
