Economy, asked by shreyashsamle, 7 months ago

satyam case study in shirt summary​

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Answered by Rishigaming
2

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The Satyam scandal was a Rs 7,000-crore corporate scandal in which chairman Ramalinga Raju confessed that the company's accounts had been falsified. On January 7, 2009, Ramalinga Raju sent off an email to Sebi and stock exchanges, wherein he admitted and confessed to inflating the cash and bank balances of the company.

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