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Netflix Releases ‘Riding the Tiger,’ Ending 5-Year Fight Over Satyam Episode

The release caps a protracted legal dispute sparked by a 2020 Hyderabad injunction over the episode’s portrayal and privacy claims.

Overview

  • Netflix dropped the fourth and final Bad Boy Billionaires: India episode on December 31, 2025, completing the docuseries.
  • The Satyam-focused episode was halted by a September 4, 2020 interim order from a Hyderabad civil court that restrained its release.
  • Ramalinga Raju argued the film contained “half-truths” that could harm his reputation and affect pending appeals, while Netflix said it draws on public records and reporting.
  • With the episode now available, the distribution dispute has effectively concluded in Netflix’s favor, though reports said it was not immediately clear whether the injunction was formally vacated.
  • The documentary revisits Raju’s 2009 confession of overstating cash by over $1.5 billion in the Satyam fraud, followed by Tech Mahindra’s takeover to stabilize the company.