An Indian court on Thursday convicted the founder of an outsourcing giant and nine others on charges of stealing millions of dollars in one of the largest frauds in the country's corporate history.
B. Rama Raju Cheap Air Max 2018 Shoes , his two brothers and seven other officials of Satyam Computer Services face life imprisonment. Judge B.V.L.N. Chakravarthy said he would sentence them on Friday.
They were also found guilty of using forged documents, falsifying accounts and concealing evidence.
Federal investigators said the fraud by Raju and the others cost the company's shareholders 140 billion rupees ($2.28 billion).
Raju and other suspects were arrested in 2009, but released on bail subsequently while they awaited trial.
Satyam — which means "truth" in Sanskrit — was once India's fourth-largest software services company, counting a third of Fortune 500 companies and the U.S. government among its clients. It plunged into turmoil after Raju confessed in 2009 that he vastly inflated the company's assets by exaggerating cash balances Cheap Air Max 90 Shoes , booking fake interest, and misstating both debt and liabilities.
Tech Mahindra, a unit of the Mahindra Group, bought a majority stake in the company for $351 million and changed its name Mahindra Satyam in 2010.
KATHMANDU Cheap Air Max Shoes , July 19 (Xinhua) -- Over 40 tourism entrepreneurs in Nepal started learning Chinese language on Wednesday in Kathmandu, aiming to boost the tourism industry.
The six-month-long "Chinese Language Training Course for Nepalese Tourism Professionals" was organized by the Chinese Embassy in Nepal.
The program comes at a time when the arrival of Chinese tourists is surging as China becomes the second largest tourism source of the Himalayan country.
"Language is not just for boosting the political or diplomatic relations between the two countries, it also enhances the understanding and bonding in people-to-people level," Bharat Mani Subedi Cheap Nike Air Max 2018 , joint secretary at the Ministry of Tourism, said at the inaugural ceremony.
Prior to this, officials from the Ministry of Tourism had received the Chinese language course.
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DAR ES SALAAM Cheap Nike Air Max 90 , July 22 (Xinhua) -- A leopard strayed into a village on Friday night in Tanzania's eastern district of Handeni in Tanga region and inflicted injuries on 3 people, police said on Saturday.
Benedict Wakulyamba, Tanga regional police commander, confirmed the attack of the leopard on the three villagers saying the animal disappeared after the night raid.
"The animal raided Gole village on Friday at night and attacked the villagers Cheap Nike Air Max ," said Wakulyamba.
Twahibu Hassan, one of the victims, said the leopard found its way in Gole village on Friday at night and started attacking residents it came across.
"I screamed to alert people that I was in trouble but help seemed to be very far away since most of the people were asleep at that time," said Hassan.
Hamisi Rashidi Cheap Air Max 2018 , another victim, said when he heard the noise from Hassan he came out of his house on a rescue mission only to end up being attacked by the leopard.
"I started to fight the animal until other villagers came and attacked the animal using every arsenal they had," said Rashidi.
"But before it disappeared, the leopard attacked another villager Cheap Air Max 90 ," said Rashidi.
Hudi Shehedadi, the Handeni district hospital medical officer, said all the three victims were treated at the health facility and he described their conditions as satisfactory.
The Handeni district wildlife officer, Mussa Rajabu Cheap Air Max , said they suspected the leopard sneaked from the nearby Saadan National Park in Bagamoyo district in Coast region.
"We are doing all we can to trace the animal and take necessary steps," said Rajabu.
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Brands mull lawsuits over sales of counterfeit goods
The Alibaba booth at the Consumer Electronics Show (CES Asia 2016) in Shanghai on Wednesday Photo: IC
The suspension of Alibaba Group's membership of one of the world's largest anti-counterfeiting groups could be a setback for the e-commerce giant as it tries to shake off its negative reputation, analysts said over the weekend.
The International AntiCounterfeiting Coalition (IACC) said in a letter to its members on Friday that following the expression of concerns by various IACC members, the board had decided to suspend a newly created category Cheap Nike Air Max 2018 Clearance , under which the Chinese Internet mammoth was granted membership in April.
The suspension also affected two other US e-commerce companies, The RealReal and wish.
In response, Alibaba said in a statement sent to the Global Times Sunday that the suspension will not affect the existing relationship or joint initiatives between Al. Wholesale Jerseys Wholesale Jerseys Jerseys Free Shipping MLB Jerseys From China Adidas NHL Jerseys China Nike NFL Jerseys From China Nike NFL Jerseys Wholesale College Jerseys Wholesale Custom Jerseys From China Basketball Jerseys Wholesale