Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

Satyam down 28%: Raju resigns, DSP-ML says goodbye

7 Jan 2009Deepak Shenoy1 min read

Quick Facts

What is "Satyam down 28%: Raju resigns, DSP-ML says goodbye" about?
What category is this article in?: Charts And Analysis
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 7 January 2009.
How long does this article take to read?: 1 min read
What topics does this article cover?: Rama Linga Raju

Satyam stock is down 28% from the 185 levels I talked about in my last post, a few minutes back!

Update: Ramalinga Raju, the CEO, has resigned. He has sent a letter saying he cooked the books. DSP-Merrill Lynch, a firm retained for corp. governance, has terminated its association with the company.

This is horrendous. Horrendous. Stock down 50% now.

Tagged:Rama Linga Raju