Satyam saved?

Tech Mahindra has been announced as the winner in the race for a majority share of Satyam - but does the bale out mean a safe future for Satyam, and for its new, smaller, owner?

Tags: Satyam Computer Services
Mark Sutton

Posted by: Mark Sutton

April 14, 2009

Services opportunities

Some possible good news from Satyam over the weekend, as the company's board announced that it is very close to securing funding to see it through to the end of March

Tags: FraudSatyam Computer Services
Mark Sutton

Posted by: Mark Sutton

January 26, 2009

Making sense of Satyam

The Satyam scandal keeps on twisting and turning, with the Indian government now all but outright accusing the chairman of having stolen the mystery $1 billion, rather than merely having invented it

Tags: FraudIndiaSatyam Computer Services
Mark Sutton

Posted by: Mark Sutton

January 19, 2009

Wipro is on a World Bank ban too

India's outsourcing industry woes continue to build, with the news that Wipro is also on the World Bank's blacklist of contractors that are banned from bidding for its contracts because of allegeded malpractice

Tags: FraudWipro
Mark Sutton

Posted by: Mark Sutton

January 12, 2009

Satyam's shame

The Satyam scandal continues to unravel, with the arrest of the Raju brothers and now the CFO being questioned by police, and the rumour mill of the Indian press going into overdrive with speculation on the role of the auditors, the whereabouts of various directors, a suicide attempt, unpaid staff and inflated headcount

Tags: CrimeFraudIndiaSatyam Computer Services
Mark Sutton

Posted by: Mark Sutton

January 11, 2009

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