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HC freezes accounts of Mahindra-Satyam
in Current Affairs & Latest News
In a move that could potentially trigger off a financial crisis at scam-hit Mahindra Satyam at the fag end of the financial year, the Andhra Pradesh High Court on Friday restrained both the IT firm and the Income Tax (I-T) department from accessing the company's attached bank accounts containing Rs 1,300 crore till March 31.
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    I guess every big company is involved in one or another scam. its just they are not revealed yet for some of them.

    read more at

    http://timesofindia.indiatimes.com/business/india-business/HC-freezes-accounts-of-Mahi-Sat/articleshow/7789789.cms
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