Satyam to pay $10 million to US for Raju’s fraud
Mahindra Satyam, the new avatar of Ramalinga Raju’s Satyam Computer Services will pay $10 million (Rs 46 crore) as penalty to the US stock market watch-dog, the Securities and Exchanges Commission or SEC. It will also have to comply with “certain” unspecified condition, according to a statement issued by the company a few minutes ago. […]