ithas

Satyam's Moment of Truth Is at Hand

Does anyone have an idea on the impact of possible negative development for Satyam in Upaid case?? It is going to cost $1B as claimed by Upaid?? That seems too much....

Satyam's Moment of Truth Is at Hand

Ashish,

Well said. Everyone does make some mistakes in their life. Satyam Chief acted out of greed, but now I think he regrets having brought such a trouble to the company he created. Leaving the present management to continue with a new vigilant board and active shareholders seems the best thing for Satyam.

Satyam should meanwhile return at least 50% of their cash holdings ( which I think will be 1.2-1.3 billion today ) preferably through buy-back, or at least as a special dividend would be nice.

Which IT Outsourcing Stock is the Best?

sacsharma,
You mean then one with 5 years experience can get at least 10 lakh/annum??

Which IT Outsourcing Stock is the Best?

Thanks for the interesting article.

"The average salaries of Indian software engineers is about Rs 12000 per month"

I don't know how you got this number!!

Look for today's news, "S/W salaries rise 19%, avg salary Rs 6.2 lakh p.a" at
www.business-standard....