HYDERABAD: A court granted bail to the founder of one of India’s largest software services companies, his lawyer said, nearly 19 months after he was arrested for allegedly stealing millions of dollars.
High Court Justice Raja Elango ordered Satyam Computer Services Ltd founder B. Ramalinga Raju to pay 4mil rupees (RM278,000) in bail yesterday and not leave the city while the case is on trial, attorney Bharat Kumar said.
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