IN BRIEF (Page 17)

Fraud revelations

Indian investigators have said the fraud at Satyam Computer Services, once India's fourth-largest software services firm, was at least 47.39 billion rupees ($1 billion) more than initially thought.

Satyam founder R. Ramalinga Raju confessed in January to inflating company assets by 71.36 billion rupees ($1.54 billion), by exaggerating cash balances, booking fake interest, overstating debt and understating liabilities. After the company's collapse, the government engineered a takeover by Tech Mahindra Ltd. Officials at Mahindra Satyam did not respond to requests by Reuters for comment. A Tech Mahindra spokesman declined comment.