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 [...]

Wary investors exit PwC clients »

The tremors from the Satyam fraud are now being felt by many other listed companies who have one element in common with the ill-fated software major—the auditor Price Waterhouse Cooper. Since Wednesday morning, when Satyam founder and chairman confessed to having fudged the account books of the company, investors and brokers have become wary of companies [...]