Satyam Computer Services Ltd., the subject of India’s biggest corporate fraud, is luring investors including Nordea Bank AB and BNP Paribas SA with the highest return on equity among Asia’s 20 largest software developers.
Satyam Computer Services Ltd. rose to an eight-month high in Mumbai after saying it will report annual earnings this month, its first since the software exporter was embroiled in India’s biggest corporate fraud probe.
Satyam Computer Services Ltd. slumped the most in 10 months in Mumbai trading after the company reported two years of losses, reviving concerns about its ability to recover from India’s largest corporate fraud.
Satyam Computer Services Ltd ., the software exporter embroiled in India’s biggest corporate fraud probe, reported its first quarterly earnings in almost two years, ahead of a merger with Tech Mahindra Ltd.
R. Allen Stanford, the indicted financier, sued U.S. prosecutors and agents of the FBI and Securities and Exchange Commission, accusing them of “abusive law enforcement” and seeking $7.2 billion in damages.
Amaranth Advisors LLC, the hedge fund that lost $6.6 billion in September 2006, sued Paul Touradji and his employees, seeking at least $350 million for claims including breach of contract and misappropriation of trade secrets.