January 7th came as a shock when the disgraced Satyam founder, B Ramalinga Raju, admitted to Rs 7,800-crore fraud. And the impact was immediate. Satyam equities started witnessing selling pressure, as the sentiments of the investors turned bearish. http://indianfinance.blogsome.com/2009/01/12/satyam-scam-a-major-blow-on-the-indian-economy/
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