Bail plea of Raju brothers, Srinivas dismissed

A city court on Wednesday, dismissed the bail applications of Satyam's disgraced founder Ramalinga Raju, former managing director Rama Raju and former CFO Vadlamani Srinivas.

The 6th additional chief metropolitan magistrate also posted for Thursday, hearing on separate petitions relating to the bail and police custody of SRSR Holding general manager Gopala Krishna Raju.

SRSR Holding is promoted by Ramalinga Raju's family and Raju held stake in Satyam through this company.

Ramalinga Raju, Rama Raju and Srinivas are in judicial custody till January 31.