This sent shares of Hyderabad - based Satyam Computer Services plunging . Satyam employs 2000 people and operates in 40 countries . Chairman , Ramalinga Raju said balance - sheet padding began years ago . Raju said no board member was aware of what he was doing .
News sent stocks of Hyderabad-based Satyam Computer Services plunging . Satyam employs 53,000 people and operates in 65 countries . Chairman B. Ramalinga Raju said balance-sheet padding began years ago . Raju said no board member was aware of what he was doing .