Stocks fell following the botched deal . 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 .
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 .