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17 Years On: Revisiting the Satyam Scandal – How a ₹7,000 Crore Fraud Shook India’s IT Empire and Changed Corporate Governance Forever

January 7, 2009 – a date that still sends chills through India’s corporate corridors. Byrraju Ramalinga Raju, the celebrated founder of Satyam Computer Services – once India’s fourth-largest IT firm – dropped a bombshell confession letter admitting that the company’s books had been cooked for years.The numbers were staggering: Cash...
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