Satyam Scam a reflection on Services Business ? »

I am sure by now all of you know about the Satyam scam and how the companies management was involved in a massive $2 billion scam. But one of the most important thing which this complete scam has brought out is the dwindling margins on the IT Services Business. Satyam as per Raju only operated [...]

Scam For Dummies »

[/caption] Ref : http://fahadsaidso.wordpress.com/2009/01/10/raju-made-the-difference/

Public Bolti Hai »

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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 [...]