8 Failed CEOs

By siliconindia   |   Tuesday, 13 September 2011, 23:50 IST   |    7 Comments
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Ramalinga Raju
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One of the worst CEOs India has seen is the disgraced former chairman of Satyam computers Ramalinga Raju. In 2009, Raju was forced to resign for major financial wrongdoings. Raju had been accused of a major financial misconduct for boosting profits. The company under the former CEO is supposed to have had a 50, 000 crore inflated balance sheet. It was inevitable that Raju resigned after such a massive financial fraud.