All ye Satyam employees, if you haven’t already started looking for a job elsewhere you need to get your head examined. Jump ship before the coming carnage in the form of massive layoffs. Once the massive layoffs are announced, there will be far too many candidates scrambling for far too few openings. Dust off your […]
The New York Stock Exchange has not permitted trading in Satyam ADRs to resume. The NYSE halted trading in Satyam ADRs on Wednesday prior to the opening of the market after disclosures of accounting irregularities at the company. Acknowledging that trading in the Satyam ADRs was halted today as well, an NYSE spokesman said Thursday: We […]
Is there anyone at Satyam with cojones and a broom-stick? Well, you need both to kick out interim CEO Ram Mynampati. Today, Ram Mynampati vowed to stay at the company. And that is a big shame. The clueless fella has been at Satyam for aeons and claims he had no idea of the shenanigans at the company. Kick […]
Bugger the employees first and when the shit hits the fan then kiss their asses -Â That’s is Satyam’s unique contribution to business management. Yes, screw the employees by destroying the reputation of the company; screw the employees by reducing the value of their Satyam shares; screw the employees by devaluing their work experience at the […]
The Securities and Exchange Board of India (SEBI) has ordered an investigation into Indian IT services provider Satyam Computer today following disclosures of massive accounting fraud by the company. SEBI said it had ordered an investigation into the affairs relating to buying, selling or dealing in the shares of Satyam Computer and will also ascertain […]
For the most comprehensive coverage in the Indian blogosphere on the ugly fraud committed by IT services provider Satyam Computer, the blog to visit is SearchIndia.com – Your most trusted name in fair and balanced coverage of All Things Indian and More. Here are the posts related to Satyam: *Indian IT Crook Finds New Master […]