January 09, 2009

Satyam Computers Disaster Forces Suicide By An Investor

Rs. 8000 crore fraud has seen its share price crash to below Rs. 30. ( Rs.2/- paid ). Few months back it was quoting around Rs.400 .Recently, after Maytas merger fiasco it was quoting around Rs.150/-.It was, also, listed on American Exchanges and we feel very sad to see an Indian Company cheating investors globally.

Satyam Computers fraud and its share price crash has resulted in suicide by a teacher of Village Dosanjh, near Phagwara who was unable to bear his losses.

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