Question: Hello could explain to me why that happened in each point except the first The effects of Satyam scandal: 1) The Ramalinga Raju and nine

Hello could explain to me why that happened in each point except the first

The effects of Satyam scandal: 1) The Ramalinga Raju and nine others were sentenced to seven years in jail 2) NYSE has halted trading in Satyam stock. 3) Bank of America and State Farm insurance terminated its engagement with the company 4) The price of its shares went down from 300 Indian rupee to 6.3 Indiar rupee. 5) The GDP of India fell by 0.4% and the economy fell dramatically 6) The investors suffer huge loses and the Satyam scam causes "serious damage" to Indian reputation as well as its governments. Actions after the scam: - The government has appointed new board to the company and it hired a new CEO The government and the Securities and Exchange Board of India(SEBI) have strengthen corporate governance regulations Heavy penalties and criminal actions are taken any kind of fraud in the corporate world

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