Indianexpress.com : comments : Satyam scam: Raju traceless; WB image 'suffers'

Satyam scam: Raju traceless; WB image 'suffers'

ANI/PTI

Hyderabad/New York: The management of Satyam Computers has said that it has no clue about Ramalinga Raju's whereabouts, even as a team of the Securities and Exchange Board of India (SEBI) reached Hyderabad to investigate a case of fraud related to the company. According to some sources, Raju left for Texas on Wedn ....Read more

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project studyBy: karan valecha | Tuesday , 3 Feb '09 11:22:02 AM Reply | Forward what will be the role of satyams public relation department in future?

SATYAM SCAM LESSON N SOLUTIONBy: FRANCIS XAVIER | Saturday , 24 Jan '09 22:20:45 PM Reply | Forward SATYAM SCAM HAS REALLY OPENED OUR EYES TO STARK REALITIES IN OURCOUNTRY. 1. OUR PROBLEM STARTS WHEN CHILDREN COME INTO PICTURE IN THEIRPARENTS PROFESSION OR BUSINESS. THIS IS THE ROOT CAUSE OF ALL CORRUPTION. THE REMEDY IS TO STOP PASSING ON THE WEALTH CREATED BY THEPARENTS TO THE CHILDREN. ( SOME PERSONS ACCUMULATE FOR THREE GENERAT-IONS!!). THIS STEP IF SOME HOW IMPLEMENTED COULD SOLVE HALF THE PROBLEMS.2. EVERY REGULATORY BODY OR INVESTIGATORY AGENCY IN OUR COUNTRY HAS UNFORTUNATELY WEAK PERSONS WHO ARE PURCHASABLE. SO WE HAVE TO HAVE A JURY LIKE SET UP WITH PERSONS WITH EXTREME CLEAN RECORDS INTHEIR SERVICE. WE KNOW EVERY DEPT HAS 1% OR SO EXTREMELY UPRIGHTPERSONS WHO HAVE WITHSTOOD THE TEST OF TIME. THEY HAVE TO BE IDENTIFIEDBY A UPRIGHT PANEL, AND GIVEN THE RESPONSIBILITY OF SETTING THINGS RIGHT.(MAY BE RETIRED PERSONS). THIS KIND OF STEPS AND THINKING ONLY WILL SAVEOUR CHILDREN AND ALSO RAJU'S GRAND CHILDREN , WHO WILL HAVE AN UPRIGHTINDIA!!.

Something Fishy-SatyamBy: Gopal | Friday , 9 Jan '09 22:20:31 PM Reply | Forward Indian Govt should intervene to maintain the image and protect employees in this scenario of recession by some bailout package. If the profit is inflated ,the company might have paid various taxes on the same which they may get refund. It is not clear with no real cash how the company could manage without cash crunch and escaped form the eyes of financing banks and Auditors

SATYAM FRAUDBy: RAJIV | Friday , 9 Jan '09 16:46:29 PM Reply | Forward VIRTUAL BUSINESS, VIRTUAL PROFITS, REAL LOSSES. THIS IS THE YAHOO SECTOR OF OUR ECONOMY.

Satyam testing timesBy: Jagadeesh sajjan | Friday , 9 Jan '09 11:04:05 AM Reply | Forward Satyam's problems started with mytas takeover attempt and hit badly by world bank action of blacklisting satyam for tenders bid. This testing time gives satyam opportunity to come out misdeeds it as done openly and legalizing its financial statements.

shocking for techiesBy: sns tech guys | Friday , 9 Jan '09 9:14:58 AM Reply | Forward One of the worst nightmares which INDIA have ever faced.I wonder how many such indian mncs will be brought to limelight of such a ugly fraud.If this is the case with every mncs in india,the words of DR.A.P.J.abdul kalam of we becoming mighty super power by 2020 would be still a dream for ever.'SOS' is the loud shout from young sprouting engg like us.GOD CAN ONLY SAVE INDIA...........JAI HIND...........

Corporate FraudBy: S Kumar | Friday , 9 Jan '09 1:58:07 AM Reply | Forward If the revelation of Satyam Computer Services Ltd of about a Rs 7,800-crore fraud is true then the credibility of Indian companies will be lost and major companies in IT sector will outsource their jobs elsewhere. Apparently this has been created by Ramalinga Raju and co over a number of years. Once again Corporate governance and business ethics of Indain companies will be the main focus for many years to come.

Andhra the king By: Amir | Friday , 9 Jan '09 0:26:57 AM Reply | Forward Earlier in 1996 -1998 almost all of the fake degree and experiance certificates holders came from Andhra. at one point us consulate was verifying all certificates from andhra. Now Raju is the phase 2. They are creatign a bad opinion about Indian IT and Indians

UnbelievableBy: Suhas | Thursday , 8 Jan '09 23:18:34 PM Reply | Forward I cannot believe what Mr. Raju revealed. It sounds fishy. I do not think it is possible for him to do that without the involvement of other people. Is it possible that he was forced to write that letter by somebody else?

WELCOME TO COPORATE WORLD.....By: arif | Thursday , 8 Jan '09 20:44:42 PM Reply | Forward AFTER THE REVELATION OF SATYAM`S SCAM EVERYBODY IS SHOCKED AND FLABBERGASTED SEEING A WHOPPING 7000 CR VANISHING IN THIN AIR... BUT RAJU DID WHAT WAS REQUIRED TO MAINTAIN HIS COMPANY REPUTATION AND ITS CREDIBILITY, AS PER ARTICLE FROM THE NEWSPAPERS HE DID NOT EVEN USE A SINGLE PENNY FOR HIS PERSONAL USES... I SHOULD FIRST SAY HE WAS A CLEVER GUY TO MAINTAIN HIS COOKED BOOKS FOR SUCH A LONG TIME WHICH SHOWED HIS TRUE MANAGERIAL CALIBER.....FROM MY POINT THIS IS NOT THE FIRST TO SEE, THERE WILL BE MORE TO COME IF CORPORATE REGULATIONS ARE TIGHTENED UP...ITS JUST ONLY THAT SATYAM SCAM IS NOT OUT WE ARE ONLY SEEING THEM AS THE ONE TO LOWER THE CORPORATE DIGNITY OF CORPORATE INDIA, THERE ARE MANY MORE EXAMPLES IN MANY TOP INSTITUTIONS OF INDIA WHICH ARE STILL ABLE TO GET AWAY. FROM THE INVESTORS POINT OF VIEW, YES THEY WERE KEPT IN DARK, NOW ITS UP TO THE SEBI AND THE PEOPLE OF INDIA TO TAKE ITS TURN ON RAJU.... "WELCOME TO THE UNDERBELLY OF CORPORATE INDIA"

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