Comments on: Satyam letter from Mr. Ramalinga Raju to its board directors admitting fraud ! http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/ Trak.in is a popular Business Blog featuring buzzing stories on Business, Finance, Stock Market, Economy, latest trends, Political, Entertainment, Hollywood, Bollywood and Breaking News Mon, 15 Mar 2010 17:42:39 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: The Curious Case Of Mahindra Satyam and its liabilities | Acquisition, Business, India, stock markethttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-58381 The Curious Case Of Mahindra Satyam and its liabilities | Acquisition, Business, India, stock market Wed, 18 Nov 2009 01:48:20 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-58381 [...] India, stock market Oh Boy!! This was always on the cards, wasn’t it. Ever since Mr.Raju confessed cooking books in the erstwhile Satyam Computer Services and the consequent acquisition of Satyam by Tech Mahindra [...] [...] India, stock market Oh Boy!! This was always on the cards, wasn’t it. Ever since Mr.Raju confessed cooking books in the erstwhile Satyam Computer Services and the consequent acquisition of Satyam by Tech Mahindra [...]

]]> By: L&T to Sell Satyam Stake, rake big profits!http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-54318 L&T to Sell Satyam Stake, rake big profits! Mon, 31 Aug 2009 02:45:40 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-54318 [...] L&T after receiving the SEBI nod will start selling its stake in Mahindra Satyam erstwhile Satyam Computer Services with an aim to complete the transaction by the end of current [...] [...] L&T after receiving the SEBI nod will start selling its stake in Mahindra Satyam erstwhile Satyam Computer Services with an aim to complete the transaction by the end of current [...]

]]> By: Corus and Ranbaxy - Acquisitions gone wrong? | Merger & Acquisitionshttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-49088 Corus and Ranbaxy - Acquisitions gone wrong? | Merger & Acquisitions Mon, 01 Jun 2009 08:15:16 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-49088 [...] Kudos to them. May be they need to write a book about it. That would be the most read book after Ramalinaga Raju’s - How-to [...] [...] Kudos to them. May be they need to write a book about it. That would be the most read book after Ramalinaga Raju’s – How-to [...]

]]> By: uGAAP.com » Blog Archive » Satyam letter from Mr. Ramalinga Raju to its board directors admitting fraud!http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-46715 uGAAP.com » Blog Archive » Satyam letter from Mr. Ramalinga Raju to its board directors admitting fraud! Mon, 02 Mar 2009 19:51:29 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-46715 [...] Source: track.in [...] [...] Source: track.in [...]

]]> By: Cost cutting : Different companies different methods | India Business Bloghttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-46273 Cost cutting : Different companies different methods | India Business Blog Wed, 04 Feb 2009 06:48:51 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-46273 [...] Infosys for example has urged its employees to save $10 per person. It has also offered a very popular sabbatical option too. If rumors are to be believed, many employers have cut down on the cabs, coffee and even toilet paper. Satyam was rumored to be sending employees packing for fudged bills. Which by now is very ironic as they have the biggest fudged bill ever - the letter from Raju. [...] [...] Infosys for example has urged its employees to save $10 per person. It has also offered a very popular sabbatical option too. If rumors are to be believed, many employers have cut down on the cabs, coffee and even toilet paper. Satyam was rumored to be sending employees packing for fudged bills. Which by now is very ironic as they have the biggest fudged bill ever – the letter from Raju. [...]

]]> By: Cost cutting : Different companies different methods | India Business Bloghttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-46274 Cost cutting : Different companies different methods | India Business Blog Wed, 04 Feb 2009 06:48:51 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-46274 [...] Infosys for example has urged its employees to save $10 per person. It has also offered a very popular sabbatical option too. If rumors are to be believed, many employers have cut down on the cabs, coffee and even toilet paper. Satyam was rumored to be sending employees packing for fudged bills. Which by now is very ironic as they have the biggest fudged bill ever - the letter from Raju. [...] [...] Infosys for example has urged its employees to save $10 per person. It has also offered a very popular sabbatical option too. If rumors are to be believed, many employers have cut down on the cabs, coffee and even toilet paper. Satyam was rumored to be sending employees packing for fudged bills. Which by now is very ironic as they have the biggest fudged bill ever – the letter from Raju. [...]

]]> By: HCL has stepped on the accelerator. Big 3 better watch out!http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-46218 HCL has stepped on the accelerator. Big 3 better watch out! Sun, 01 Feb 2009 15:45:07 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-46218 [...] has stepped on the accelerator. Big 3 better watch out! Ever since the Satyam episode broke out, everyone was in dilemma about the overall rankings. The top 3 rankings in the Indian IT space are [...] [...] has stepped on the accelerator. Big 3 better watch out! Ever since the Satyam episode broke out, everyone was in dilemma about the overall rankings. The top 3 rankings in the Indian IT space are [...]

]]> By: Who will save Satyam?http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45911 Who will save Satyam? Wed, 21 Jan 2009 06:01:27 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45911 [...] Satyam? The question should have been - Will Satyam be saved? It has been 3 weeks since the shocking letter and nothing good came out of the company other than the formation of new board. Everything else is [...] [...] Satyam? The question should have been – Will Satyam be saved? It has been 3 weeks since the shocking letter and nothing good came out of the company other than the formation of new board. Everything else is [...]

]]> By: Are Startups better bet in these trying time? | India Business Bloghttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45889 Are Startups better bet in these trying time? | India Business Blog Tue, 20 Jan 2009 04:50:32 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45889 [...] not the darling anymore. Investors are unable to decide which is their new darling. Following the Satyam scandal they simply don’t know when their darling will turn into a [...] [...] not the darling anymore. Investors are unable to decide which is their new darling. Following the Satyam scandal they simply don’t know when their darling will turn into a [...]

]]> By: Apoorvhttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45722 Apoorv Sat, 10 Jan 2009 19:23:34 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45722 Although there has been misgovernance on his part but he cannot be solely critised for this as he did the best to his knowledge to get the company back to Normal conditions and has given his statements the Letter above only when he found that the situation was totaly out of his control.A good part from him could have been his letting the Board know a few days ago so that the situation would have not got this worse. The Board and people concerned should now work properly and concentrate on the future of the employees and investors of the company who are being effected. Although there has been misgovernance on his part but he cannot be solely critised for this as he did the best to his knowledge to get the company back to Normal conditions and has given his statements the Letter above only when he found that the situation was totaly out of his control.A good part from him could have been his letting the Board know a few days ago so that the situation would have not got this worse. The Board and people concerned should now work properly and concentrate on the future of the employees and investors of the company who are being effected.

]]> By: somyahttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45721 somya Sat, 10 Jan 2009 18:42:22 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45721 The fiasco is unique in its self.I am sure that the government will take full control of Satyam and its employees. Government must support the company in coming out of the crisis. The employees should work more sincerely so that the clients do not complain and take back there orders. The problem is just not for the Satyam employees but if the company goes down, we can have severe effects on the economy.I am sure the companies liabilities cann be paid off by the extra assets which the company has. The fiasco is unique in its self.

I am sure that the government will take full control of Satyam and its employees. Government must support the company in coming out of the crisis. The employees should work more sincerely so that the clients do not complain and take back there orders.
The problem is just not for the Satyam employees but if the company goes down, we can have severe effects on the economy.

I am sure the companies liabilities cann be paid off by the extra assets which the company has.

]]> By: Naveenahttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45709 Naveena Sat, 10 Jan 2009 09:38:36 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45709 Is it possible to run a corporate society fradulently from meny years where the auditors involved. so the company law board & ICAI need to concentrate the areas which are not in our vision. Is it possible to run a corporate society fradulently from meny years where the auditors involved. so the company law board & ICAI need to concentrate the areas which are not in our vision.

]]> By: Satyam Fraud - (Mis)Governance « Rangarajan Iyengar’s bloghttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45683 Satyam Fraud - (Mis)Governance « Rangarajan Iyengar’s blog Fri, 09 Jan 2009 07:05:53 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45683 [...] Satyam Fraud - (Mis)Governance By rriyengar This startling acceptance of fraud by a CEO of one of the top IT industry has given severe shock to... [...] [...] Satyam Fraud - (Mis)Governance By rriyengar This startling acceptance of fraud by a CEO of one of the top IT industry has given severe shock to… [...]

]]> By: Infosys the most trusted company?http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45671 Infosys the most trusted company? Fri, 09 Jan 2009 03:37:42 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45671 [...] the most trusted company? After the Satyam debacle everyone is talking about corporate governance and the trust factor of a particular company. Until [...] [...] the most trusted company? After the Satyam debacle everyone is talking about corporate governance and the trust factor of a particular company. Until [...]

]]> By: Alfihttp://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45667 Alfi Thu, 08 Jan 2009 22:23:32 +0000 http://trak.in/tags/business/2009/01/06/satyam-head-raju-admits-fraud-letter-board-directors/#comment-45667 After all these revelations, its fair to say that he lived up to the companies name (SATYAM). In the end "He Spoke truth nothing but the truht". After all these revelations, its fair to say that he lived up to the companies name (SATYAM). In the end “He Spoke truth nothing but the truht”.

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