Sebi asks Satyam promoters to repay 1,747 crore

Sebi asks Satyam promoters to repay 1,747 crore

MUMBAI: Markets regulator Sebi has directed B Ramalinga Raju, former chairman and promoter of the erstwhile software services major Satyam Computer, four of his associates and the investment company of the Raju family, to together disgorge Rs 624.1 crore and interest of about Rs 1,123 crore (Rs 1,747 crore) in perhaps the biggest such order … Read more