Monday, Sep 26, 2022

The Truth Serum Trials

Already the fraud of the century for India, what will be the final cost of Satyam's Rs 7,000-crore duplicity?

The Truth Serum Trials The Truth Serum Trials

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Before The Fall

  • Till recently, Satyam was one of India’s top 4 IT firms
  • Won Golden Peacock for corporate governance in Sept ’08. Now revoked.
  • Raju was the 2007 E&Y Entrepreneur of the Year
  • Was listed on NYSE, had big clients like GE, Nestle
  • Set up 108 EMRI, other corporate social initiatives


Sellout Unlikely Till Probe Is Over