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The country's fourth largest IT company - after TCS, Infosys and Wipro and ahead of HCL - was for several years cooking its books by inflating revenues and profits, thus boosting its cash and bank balances; showing interest income where none existed; understating liability; and overstating debtors' position (money due to it). The 54-year-old US MBA Raju's letter of guilt and resignation to the Satyam board and SEBI on Wednesday morning sledge-hammered India Inc, dumbfounded regulators, pummelled the company's stock, knocked the bottom out of the market, and cast a long shadow over industry in general and the IT sector in particular...
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Common topics in this essay:
- Hamlet, Ophelia's decent to madness
- A company is the property of shareholders, is an exploded myth
- A company is the property of the shareholders is an exploded myth
- Commitment to Planning: Connecting With Customers, Providing Value to Shareholders, and Remaining Socially Responsible
- Distinguish between shareholder and stakeholder in a business context. Comment on the influence of shareholders on the management of a company and its allocation of rewards.
- Financial Managers Need Only Concentrate On Meeting The Needs Of Shareholders - No Other Group Matters
- Financial analysis of Companies:TCS,WIPRO,Satyam
- impact of stock split on the stock return
- Organisation Study - Satyam Computers
- role of shareholders
- Satyam
- No Exit
- FreeFall:Acceleration Due to Gravity
- Globalization & Decent Work
- Rise And Fall Of Satyam
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