August 4, 2011 1:30 PM

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CBI Court rejects bail plea of Ramalinga Raju in Hyderabad

A CBI special Court today rejected bail petitions of Satyam Computers' former Chairman, Ramalinga Raju and six others in Hyderabad. The Court rejected the bail petitions on the grounds that they may influence the witnesses in the multi-crore rupees corporate accounting fraud. Ramalinga Raju and others are presently in Chanchalguda jail in Hyderabad.

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