Online Business

Court extends Ramalinga Raju's remand by 14 days

A local court here today extended the judicial remand of B Ramalinga Raju and other accused in the multi-crore rupee fraud in Satyam Computer by 14 days. - Criminal cases against Maytas Properties promoters - "I think Satyam is worth documenting and should be made a case study" - Maytas Properties looking at stake sale: Govt director - Maytas Infra wants to recover Rs 380-cr inter-corporate debt - Govt withdraws four directors from Satyam board - Maytas Infra says ministry has asked PGCIL to release funds The XIV Additional Chief Metropolitan Magistrate extended the remand of Satyam founder Ramalinga Raju, his brother Rama Raju, ex-CFO Vadlamani Srinivas, former auditors of Price Waterhouse S Gopapalakrishnan and Talluri Srinivas, and three former employees of the firm till August 5. The accused, who have been lodged in the Chanchalguda jail, were produced before the magistrate. Another accused in the case, Suryanarayana Raju, who is on an anticipatory bail, also appeared in the court.


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