Corporate Stories

Anthology of Corporate failures - Satyam Computer Services!


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Rise and the fall of SATYAM COMPUTERS
Every time we use lie as an instrument to win our way towards our goal, we fail to comprehend how it will hurt us in the long run. When  recession in 2008, hit the world, India was not only going through a financial crisis but also an ethical crisis. Imagine a hypothetical scenario in the stock market where the very basic financials provided to you by a company are manipulated. This was what happened with Satyam Computer Services.Satyam Scandal unveiled the potholes that existed in the corporate governance of our country. The great stock market scandal which is known as the Indian version of Enron shook the entire country in 2009.
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Corporate StoriesBy Nagavinod