How far should the govt go in rescuing Satyam?

A week after B. Ramalinga Raju made his famous confessions of committing a US$1.5 billion accounting fraud, one thing is rather obvious--that the Indian government has never tried harder to salvage the India image. And rightly so.

This is not the first time a scam of this nature has been unraveled..... Read more »

Tags: Satyam, Government, outsourcing, India, bailout, accounting, U.S., America, Prime Minister, Wall Street

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Satyam: India Inc.'s rude wake-up call

In Sanskrit, Satyam means truth. But what we saw today was quite the contrary. We saw how one lie led to another, resulting in one of the biggest scams in corporate India, and coming at probably the worst of times.

Satyam chairman Read more »

Tags: Satyam, India, corporate governance, information technology, financial, BPO, PricewaterhouseCoopers Consulting, board, senior executive, information technology company

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Swati Prasad

Swati Prasad is a New Delhi-based freelance business journalist. Over the last 15 years, Swati has worked in both Delhi and Mumbai as a correspondent and editor for India’s leading publications, such as The Economic Times, Business Standard and Business Today. As a freelance journalist, she regularly writes on technology, economy and corporate issues.