Satyam’s 7 steps to save employees »

I am at shock. Specially because Satyam employees with average salary of 70K per month are sure feeling helpless than I am at this time. Yet at the end of the day I think what can Satyam’s upcoming plan be? to increase the morale of it’s present employees and save them. Here are a few [...]

Satyam Scam! B Ramalinga Raju’s Confession Letter To Board of Satyam Computer »

It is with deep regret and tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice: 1. The Balance Sheet carries as of September 30, 2008, a) Inflated (non-existent) cash and bank balances of Rs 5,040 crore (as against Rs 5,361 crore reflected in [...]