Ramalinga Raju

As the businesses failed Raju moved into real estate and started a construction company named Maytas Infra Limited.

Raju navigated Indian bureaucracy to obtain the required clearance to transmit data from India[citation needed].

[12] In an interview with Deccan Chronicle way back in 1998, Raju was talking about Satyam's ambition of operating out of 50 countries with an employee count of more than 50,000.

In September 1995, as Raju was building Satyam, Andhra Pradesh had a new Chief Minister, Chandra Babu Naidu, who wanted to bring in change.

Naidu saw IT as a strategic industry to focus on and Raju became instrumental in shaping the state's information technology initiatives like 'Mee Kosam' ("For you" in Telugu).

It provided 40 different programs like healthcare, environment improvement, sanitation, primary education, adult literacy and skills development .,[14][15] GramIT etc.

The local people across the region hail the development works undertaken by the Byrraju Foundation and are appreciative of the positive impact it had on them.

[18] Just a few months before the scandal broke out, Raju tried to persuade investors by claiming that the company is sound and that past October he surprised analysts with better-than-expected results, claiming that "the company had achieved this in a challenging global macroeconomic environment, and amidst the volatile currency scenario that became reality"[19] A botched acquisition attempt involving Maytas in December 2008 led to corporate governance concerns among Indian investors and plunge in the share price of Satyam.

"[19] Raju described how an initial cover-up for a poor quarterly performance escalated: "It was like riding a tiger, not knowing how to get off without being eaten.

[27] The Government of Andhra Pradesh attached 44 properties belonging to the family members of the promoters of Satyam Computers in the case against Raju.

Raju was granted bail on condition that he should report to the local police station once a day and that he should not attempt to tamper with the current evidence.

The Supreme Court on 4 November 2011 granted bail to Raju since the Central Bureau of Investigation (CBI) failed to file charges on time.

[33] On 11 May 2015, within a month of being convicted, Ramalinga Raju and all others who were found guilty were granted bail by a special court in Hyderabad.

[34] On 10 January 2018 India's capital market regulator has banned global auditing firm Price Waterhouse (PW) from auditing listed companies in India for two years for its alleged role of collusion with the directors and employees of erstwhile Satyam Computer Services, in perpetrating the country's biggest corporate accounting scandal.