SHAME: Satyam Computer Services chairman B. Ramalinga Raju
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Satyam Computer Services chairman B. Ramalinga Raju. The disclosure by Satyam Computer Services founder-chairman B. Ramalinga Raju that he has manipulated the books for several years to post fictitious profits to the tune of Rs.5040 crore, in what is being billed as the biggest corporate fraud in India’s history, has sent shockwaves through India Inc. and industry lobby groups and corporate honchos warn that it could impact the investment climate in the short-term.