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Aberdeen seeks $150 mn damages from Mahindra Satyam
Mahindra Satyam (formerly Satyam Computer Services Limited) on Sunday said that a group of investors led by Aberdeen Asset Management have claimed damages of over $150 million (approximately 750 crore) from the company for the losses they suffered post the confession of accounting frauds by its founder B Ramalinga Raju in 2009. In a notice sent to Mahindra Satyam, Aberdeen Global and the other investors
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