YSR is no more. He has been killed in a helicopter crash in Nallamalla forest. The news of YSR’s death has plunged not only Andhra state but the whole nation into mourning, as stunned YSR and Congress supporters throughtout the country express their grief on this accident. Y S Rajasekhara Reddy was born on 8th July 1949 in Pulivendula, Andhra Pradesh. He was popularly known as YSR. He was one of the popular faces of Andhra Politics. He was elected to the 9th, 10th, 11th and 12th Lok Sabha from the Kadapa constituency for four terms and to the Andhra Pradesh Assembly for five terms from the Pulivendula constituency. In 2003, he undertook a three month long paadayaatra, or walking tour, across several districts in Andhra Pradesh. As a result of this paadayaatra, Congress Party came up with huge majority in state Assembly elections and he became the chief minister. He led his party to victory in the next general and assembly elections held in 2009, also.

Satyam Computer Services got exposed in 21 days. On December 16, Satyam broke the news of Maytas buyout. The acquisition eventually did not go through as it was severy opposed by the shareholders. A series of resigations from the Satyam board took place subesequently. The final blow came on January 7, when Satyam's promoter Ramalinga Raju wrote a letter to the board saying that Satyam's balance sheet was forged. The balance sheet showed inflated cash & bank balance of Rs 5040 crore. The accrued interest of Rs 376 crore in the books too was non-existent.

In the Q2 of FY09, reported revenues was to the Rs 2700 crore Vs actual revenue of Rs 2112 crore. The Q2FY09 operating margin reported was Rs 649 crore against Rs 61 crore. The Q2FY09 numbers had Rs 588 crore of artificial cash in books.