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Satyam Chairman Resigns After Falsifying Accounting (Update1) (Bloomberg)
Jan. 7 (Bloomberg) -- Satyam Computer Services Ltd. Chairman Ramalinga Raju resigned after saying he falsified earnings and assets, prompting a collapse in the stock of Indiaā€™s fourth-largest software-services provider.

Indian Rupee Falls a 2nd Day as Stocks Tumble on Satyam Scandal (Bloomberg)
Jan. 7 (Bloomberg) -- Indiaā€™s rupee fell to the lowest this week as stocks tumbled after the chairman of Satyam Computer Services Ltd. resigned, saying the software company had falsified accounts and assets.

Satyam loses Rs 10K cr in m-cap (Business Standard India)
Beleaguered software services major Satyam today bit the dust on the bourses and lost as much as Rs 10,000 crore in market capitalisation in a single trading session, after the scrip dipped to hit an all-time low level.

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