Business: Great frauds in history: Byrraju Ramalinga Raju and Satyam

17 Nov 2019 7:28 PM | Anonymous member (Administrator)

Byrraju Ramalinga Raju was born in Bhimavaram in southeast India and received a degree in commerce before going on to do an MBA at Ohio University. He then went back to India and started various industrial, real-estate and construction firms, with mixed results. In 1987 he set up Satyam Computer Services, one of India’s first outsourcing firms, taking it public in 1992. By the start of 2009 Satyam was India’s fourth-largest IT firm and was providing IT and accounting services for more than 600 large companies, including international conglomerates General Electric, Nestlé, and BP.

https://moneyweek.com/517347/great-frauds-in-history-byrraju-ramalinga-raju-and-satyam/#.Xcg6OttM3xQ.twitter


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