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“In India, companies may fall sick, but promoters rarely do!”

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January 7, 2009

BSE,NSE and SEBI must check if Ramalinga Raju or any of his fronts shortsold Satyam at Rs 175 in Derivatives or in Morning Spot before releasing the Bombshell of his Letter that confessed to a Fraud and sunk Satyam in quicktime from Rs 175 to close at Rs 40

Ramalinga Raju of Satyam is nothing but a downright Cheat and a Dishonest and Fradulent promoter…however he did have the courage to confess this morning….yet he cannot be trusted Satyam closed at just Rs 40,down Rs 138 from Rs 175 BSE,NSE and SEBI must check that Ramalinga Raju and his coterie did not benefit monetarily from …

BSE,NSE and SEBI must check if Ramalinga Raju or any of his fronts shortsold Satyam at Rs 175 in Derivatives or in Morning Spot before releasing the Bombshell of his Letter that confessed to a Fraud and sunk Satyam in quicktime from Rs 175 to close at Rs 40 Read More »

Finally Satyam’s Raju resigns shockingly admitting a massive Fraud and share price sinks from Rs 175 to Rs 50 this morning,murdering Shareholders and Capital Markets in one stroke !!!

I had told you Satyam’s Chairman Ramalinga Raju was actually Ravana and he was a goner…just read my blogs of December 17,2008 and December 19,2008…..You cannot believe this guy…he’s got a history of hoodwinking…he bought Rajesh Jain’s Indiaworld for US $ 116 Million in 2000…this was a hogwash deal only to launder Money ! Regulators …

Finally Satyam’s Raju resigns shockingly admitting a massive Fraud and share price sinks from Rs 175 to Rs 50 this morning,murdering Shareholders and Capital Markets in one stroke !!! Read More »

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