Sekar

Satyam: A Shameful End

Ramalinga Raju was spinning cotton in 1992 when I owned Satyam Spinning Mills shares. Raju's crude luck brought him into IT area without any strong foundation. Raju leapfrogged TCS and Wipro (by the way was selling Hair oil and assemblying PCs) in 10 years using dubious practises. H1B Visa system was completely abused by Satyam using political connections in US and India. All the glitzy office complexes in Secunderabad are just empty coffins of greed. I hope Satyam's downfall will expose more skeletons with India's outsourcing madness.