From what I see in the recent times, in an economic sense, I feel that it’s ok for corporates to make mistakes, frauds, scandals etc. The US government has bailed out the Three Auto Giants, oops Detroit three. I shun to call them giants any more. A giant cannot be fighting on crutches. Had they thought … Continue reading »
Tagged with Satyam …
Poach is the word, not hire.
It’s a case of a misreporting by Economic Times, here in this article. The article is wrongly headlined “Infy not to hire Satyam employees”, while TV Mohandas Pai has said not to poach rather than what’s reported as not to hire. The article contains, Infosys Technologies, the country’s second-largest IT services exporter by sales, has … Continue reading »
In the aftermath of Satyam’s fall
The aftermath of the exposure of Satyam’s fraud is an inevitable fallout on the investors and employees. While investors stand to loose their prized money, employees risk the threat of being laid off. Now, in this scandal/ fraud (whatever you call it) credibility questions are raised on PriceWater Coopers (their auditors) and the management, where … Continue reading »
