Dr Pandey, S.N

Avoiding Satyam Like the Plague

SAY Affair is a unique case of frauds in connivance with institutions and people in position to excercise control. This evident. promoter's family offloaded 43.8 million shares. So is the case wit other large institutional investors like Merril, DSP and who not at the cost of small investors and the people. Raju forged and frauded every thing including the number of emploees on its role. When people and institutions do not care for norms and go by personal considerations, nothing better can beexpected. The GOI has to be tough.
Dr S.N Pandey
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Satyam Shakeout - Barron's

While a setback in the field, the damage control initiative of the Governement of India is going to have positive impacts, and in no time, the comparison of Satyam with Enron will lose comparison. What is importantan that the newly constituted Board does its job and the 53000 employees contribute their mite.The episode hould be taken as a lesson and the regulatory authorities should rise above.
Dr S.N Pandey
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Three Investor Lessons from the Satyam Scandal

The author HJ as much as many of the fellow commentators seem to have turned emotional; and, hence, brought to notice bizare conclusions on Satyam issue. Business environment in India stand sound.Accounting process do as well remain quite up to mark. The case of Satyam therefore need to be seen as an abberation.GAA P and its understanding in cultural context does not necessarily put a cast to accouting probity of a nation.
Dr S.N Pandey
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