114 companies running from one room in Hyderabad, reveal raids
Raids at a mall in Hyderabad on Wednesday revealed that 114 companies were running from a single room, complete with balance-sheets, directors and their salaries. The companies had one common auditing firm SRSR Advisory Services and at least 50 of them had no business operations. Satyam scam accused Ramalinga Raju's brother was the former MD of the financial services company.