Satyam's Foul Play

[trillionairegate]

The Biggest Scam by Satyam is it failure of management or the foul played by Satyam's management to mislead the investors

[mohitrawat]

does the satyam's foul play also points out fingure over many other bigger organisations !!!
and what is the future of the employees who used to feel secured while working in big organisation ??

[saurabh.jain.mits]

after NSE's announcement BSE should also announce tha remove of satyam from SENSEX and other indexes.

[vaidyanath]

Though Satyam will face certain bad time and the employees may have some tough time, definitly if they continue to put in effort they will get out of the trouble. Also the companies future will depend on the one who would be taking over the company.

[dhvani304]

i dont understan 1 thing abt dis dat
whether Co. wud b delisted or removed 4m compution of indices

[yshah84]

In NYSE Satyam ADS is quoting at 1 cent today...which is the real worth of the stock...I think it will now get mearged with any other IT company...

[zenuljinwala]

Originally Posted by trillionairegate

The Biggest Scam by Satyam is it failure of management or the foul played by Satyam's management to mislead the investors

its a nations shame we all should put our heads down is disgust

[yshah84]

Satyam, the fourth largest Indian IT company, with an employee strength of around 53,000 people, could have had a better story to tell, had not the promoters indulged into accounting malpractices and financial manipulations.

This fact came to light today, when the Satyam chairman and promoter, Mr. Ramalinga Raju, in his resignation letter to the capital market fraternity, brought to fore the mammoth scale at which the company has been manipulating its financial numbers over past eight years. It attributed all its recent actions as attempts to salvage the company from imminent fate.

[mihir.upadhyay]

Way forward is via merger or takeover by a IT or a PE firm and which can bring in transparency and good corporate governance

[sharmag]

i think that now a severe governance policy for corporate world should be implemented by nasscom