Ramalinga Raju Birth Horoscope

Name : Ramalinga Raju

Full Name : Byrraju Ramalinga Raju

Date of Birth : 16 Sep 1954

Time Zone : +05:30

Birth Place : Bhimavaram, India

Birth Number of Ramalinga Raju : 7

Sun sign of Ramalinga Raju : Virgo

Chinese Zodiac of Ramalinga Raju :Horse

The Bombay Stock Exchange (BSE) was down 7.25 per cent - 749.05 points & National Stock Exchange (NSE) was down 6.18 per cent - 192 points at 2,920.4

Sensex- the Bombay Stock Exchange (BSE) was down 7.25 per cent - 749.05 points to 9,586.88 points on 7th January 2009 after opening higher than the 6th January 2009's close of 10,335.93 points.

S&P CNX Nifty index of the National Stock Exchange (NSE) was down 6.18 per cent - 192 points at 2,920.4 points on 7th January 2009.

The Satyam scrip took a sharp dip losing 77.69 per cent of its value to close at Rs.39.95 over its close Tuesday of Rs.179.10. A total of 14,30,09,827 shares of the troubled software company changed hands in 6th January 2009's trade.

Other market indices like the midcap and small-cap indices fell by as much as the Sensex. BSE midcap index was trading 7.17 per cent, while the small-cap index fell 6.29 per cent.

Top losers in the Sensex were Satyam, JP Associates, RCom, DLF and Reliance Infra.

Top gainers in the Sensex were HUL, Infosys, Maruti and Wipro.

The market sentiment was negative, with 2,104 stocks declining against 421 advances. Fifty-seven stocks remained unchanged.

DSP Merrill Lynch detachs from Satyam Computers

Satyam’s Chairman B. Ramalinga Raju finally resigns and has admitted all the frauds that he has done till now. raju has taken full responsibility of the current situation of Satyam.Satyam Computer Services Ltd has also informed BSE that the DSP Merrill Lynch terminated its engagement with the Company.

It comes an an extreme shock to the corporate Inc. which failed to recognize such deep frauds cooking up since many quarters now. The auditor’s role has come into question and deep scrutiny.