Mahindra Satyam pays $10m to settle fraud investigation

Stuart Sumner
clock

Chairman Vineet Nayyar said that the services firm now wants to put the matter to rest

Indian integrator Mahindra Satyam has paid $10m (£6.1m) to settle a US fraud investigation. The organisation stated that it was neither admitting nor denying any wrongdoing in the decision to se...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Asian Tech Roundup: Australia's and India's encryption backdoor plans

Strategy

Plus, China and Japan in race to put humans on the moon again

clock 19 April 2024 • 4 min read
Asian Tech Roundup: Apple's charm offensive

Strategy

Plus, South Korea's AI investment

clock 19 April 2024 • 5 min read
Asian Tech Roundup: South Korea's fusion record

Hardware

Plus India bans dark patterns, Malaysia gains from the chip wars

clock 05 April 2024 • 2 min read

More on Corporate

AWS sales grow to $25bn in Q1 2024

AWS sales grow to $25bn in Q1 2024

Amazon also reported AWS annual run-rate of $100bn

Penny Horwood
clock 01 May 2024 • 2 min read
Critics dismiss Broadcom's 'anti-cloud' licencing changes for VMware

Critics dismiss Broadcom's 'anti-cloud' licencing changes for VMware

Trade body CISPE demands EU investigation

clock 23 April 2024 • 3 min read
Stability AI cutting staff in the name of restructuring

Stability AI cutting staff in the name of restructuring

Following the departure of CEO Emad Mostaque, UK AI unicorn is shedding employees

Muskan Arora
clock 19 April 2024 • 1 min read