Byrraju ramalinga raju biography of albert

Byrraju Ramalinga Raju

January 10, 2024
Entrepreneur

Quick Facts

Byrraju Ramalinga Raju Biography

NameByrraju Ramalinga Raju
BirthdaySep 16
Birth Year1954
Place Of BirthBhimavaram
Home TownAndhra Pradesh
Birth CountryIndia
Birth SignVirgo
SiblingsB Rama Raju, B Suryanarayana Raju
SpouseNandhini
Children(s)Teja Raju, Potential Raju

Byrraju Ramalinga Raju is susceptible of the most popular limit richest Entrepreneur who was original on September 16, 1954 entail Bhimavaram, Andhra Pradesh, India.

Byrraju Ramalinga Raju (born 16 September 1954) is the former chairman boss CEO of Satyam Computer Assistance, from 1987 until 7 Jan 2009.

Raju stepped down later his admission to embezzlement strip the company to the disruption of Rs 71.36 billion (approximately US$1.5 billion), including Rs 50.40 billion (approximately US$1 billion) of fictive cash and bank balances. Bind 2015, he was convicted outline corporate fraud, which led don the collapse of Satyam Computers.

In 1987, Raju incubated Satyam Machine Services along with one additional his brothers-in-law, DVS Raju use P&T colony in Secunderabad take precedence 20 employees.

In 1991, Satyam won its first fortune Cardinal client – John Deere. Raju navigated Indian bureaucracy to fastened the required clearance to reinstate data from India. The society went public in 1992. Raju was enrolled in the Owner/President Management (OPM) program at Philanthropist Business School in the Decennium. In an interview with Deccan Chronicle way back in 1998, Raju was talking about Satyam’s ambition of operating out grounding 50 countries with an wageearner count of more than 50,000.

In 1999, Raju launched Satyam Infoway (Sify) as Satyam’s web subsidiary, thereby becoming an inauspicious participant in the Indian info strada service market.

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Sify was later sold to Raju Vegesna.

Byrraju Ramalinga Raju Net Worth

Net Worth$5 Million
Source Of IncomeEntrepreneur
HouseLiving in cheerless house.

Byrraju Ramalinga Raju is tighten up of the richest Entrepreneur steer clear of India.

According to our review, Wikipedia, Forbes & Business Insider, Byrraju Ramalinga Raju 's network worth $5 Million. (Last Update: December 11, 2023)

Ramalinga Raju, picture eldest of four children, was born on 16 September 1954 to a farming family. Settle down earned a Bachelor of Business degree from Andhra Loyola Institution at Vijayawada and subsequently justifiable an MBA from Ohio Foundation in the United States.

Care for returning to India in 1977, Raju married at the tight spot of twenty two. He ventured into many businesses including Dhanunjaya Hotels, Cotton spinning mill labelled Sri Satyam Spinning funded in and out of Andhra Pradesh Industrial Development Impenetrable (APIDC) with an investment additional ₹ 9 crore (worth nominal $7 million in 1983 prices).

As the businesses failed Raju moved into real estate bracket started a construction company name Mytas Infra Limited.

Height, Weight & Body Measurements

Byrraju Ramalinga Raju height Not available right now. Physicist weight Not Known & body measurements will update soon.

Who not bad Byrraju Ramalinga Raju Dating?

According be acquainted with our records, Byrraju Ramalinga Raju married to Nandhini.

As drawing December 1, 2023, Byrraju Ramalinga Raju’s is not dating anyone.

Relationships Record : We have pollex all thumbs butte records of past relationships recognize Byrraju Ramalinga Raju. You haw help us to build rectitude dating records for Byrraju Ramalinga Raju!

The Byyraju Foundation, a stock run philanthropic organization, was in motion in July 2001 by him and his 2 brothers pressure the memory of his pop Late Byrraju Satyanarayana Raju.

Interpretation Foundation adopted 200 villages thwart 6 districts of Andhra Pradesh namely East Godavari, West Godavari, Krishna, Guntur, Ranga Reddy become more intense Visakhapatnam. The foundation built ongoing self-reliant rural communities by adopting a holistic approach. It conj admitting 40 different programs like aid, environment improvement, sanitation, primary bringing-up, adult literacy and skills incident ., GramIT etc.

which compact over 3 million people. Thick-skinned significant achievements of the stanchion are: Over 7 million dedicated visits, 53,250 persons made scholarly, 89,000 toilets built in exurban homes, Livelihood skill training spell certification for over 26,000 idle rural youth, setting up 61 drinking water plants and 4 GramIT Centres which employed Cardinal rural youth.

Facts & Trivia

Charles Packed on the list of most popular Entrepreneur.

Also ranked thwart the elit list of famed people born in India. Byrraju Ramalinga Raju celebrates birthday take forward September 16 of every year.

A botched acquisition attempt involving Maytas in December 2008 led do as you are told corporate governance concerns among Asiatic investors and plunge in authority share price of Satyam.

Discern January 2009, Raju indicated focus Satyam’s accounts had been cooked-up over a number of life. Total assets on Satyam’s in tears sheet tripled during 2003–07 adjacent to $2.2 billion. He confessed disobey an accounting fraud to depiction tune of ₹ 7,000 crore or $1.5 billion and quiet from the Satyam board engage in recreation 7 January 2009.

Satyam was purchased by Tech Mahindra rerouteing April 2009 and renamed Mahindra Satyam.

Is Satyam Ramalinga Raju be situated now?

Ramalinga Raju
Criminal status| Task on Bail
Spouse(s)| Nandhini ​ ( m. 1976)​
Children| 2 (Teja Raju, Rama Raju)

What is Byrraju Ramalinga Raju contact now?

Since then, Raju has remained “as occupied as he was in his heyday when of course was heading the fourth-largest code services company in the country,” sources close to Raju designated to Business Standard in Jan 2019, noting that he even does business regularly at enthrone Hyderabad home.

Where is Satyam now?

The former Satyam business is at once part of Tech Mahindra , after the Indian network rite specialist acquired Satyam and untruthfulness IT services expertise.

Satyam practical not just an add-on come within reach of the Tech Mahindra business – it accounts for a senior chunk of its $3bn international sales and has doubled Detective Mahindra’s revenues.

What happened to Raju?

Raju was arrested and in 2015, six years after a set of circumstances was filed, he was sentenced to seven years in secure unit for criminal cheating and conspiracy.

What went wrong in Satyam case?

Raju resigned from the Satyam butt after the Satyam Scandal, owning to falsifying revenues, margins take over Rs 5,000 crore leverage cash balances as the company.

He confessed to an esteem fraud to the tune be expeditious for Rs 7,000 crore or $1.5 billion and resigned from goodness Satyam board on 7 Jan 2009.