Archive for May 6th, 2011

Satyam scandal shocks India

The Satyam scandal has shocked India.
It is being called India’s Enron.
Many in the financial circles are dismayed that the biggest-ever corporate fraud in the country could have escaped unnoticed for so many years.
It has brought into question the levels of corporate governance in the country, and has cast an ugly shadow on the once shining [...]