GMR Infrastructure Ltd said on Tuesday T.R. Prasad has resigned from its board of directors with immediate effect.

Satyam Computer's Chief Financial Officer Vadlamani Srinivas was arrested by Andhra Pradesh police's Criminal Investigation Department here on Saturday night.

Satyam Computer's suspect CFO Vadlamani Srinivas was taken into custody by Andhra Pradesh police's Criminal Investigation Department here on Saturday night. However, he had not been arrested officia

Chief financial officer (CFO) Vadlamani Srinivas of the tainted Satyam Computer Services Ltd resigned from the IT bellwether a day after founder chairman B. Ramalinga Raju quit admitting to a massive

Armed with a revamped disciplinary mechanism, the Institute of Chartered Accountants of India has said that it would fast track its probe on the role of statutory auditor Price Waterhouse in the Satya

The chief financial officer of Satyam Computer Services has submitted his resignation, but the firm's board is yet to approve it, the company's interim CEO said on Thursday.

The dramatic exit of B. Ramalinga Raju, Chairman of Satyam Computer Services, has come as a shock to T.R. Prasad, an Independent Director on the board of the company.

India Inc has expressed shock and disbelief at the Satyam episode, stating that loopholes must be plugged in regulation, audit and governance to restore the confidence of the stakeholders in corporate

Aberdeen Asset Management Asia said on Thursday it no longer owned any shares in India's Satyam, whose chairman admitted on Wednesday to fabricated its earnings in the last few years.

A vast accounting scandal at India's Satyam Computer Services may increase investor nervousness about weak corporate governance and oversight in emerging markets.