Clearing up the Satyam Mess

This is a great example on part of the exceptional leadership shown by those who salvaged the company out of the mess, in particular the new board of directors of Satyam and the government which insalled this team.
Mahindras have excellent track record in industry leadership and we expect the acquistion to merge soon smoothly and well into Tech Manindra.

Lastly we need great leadership towards fixing some of the problems in the system in order to prevent recurrence of such collusion and unethical governance practices. That is when we can talk about the lessons learnt.

I agree with your observation. Let us not forget that Indian PM is an economist and his brief on such times would have really helped. Anyway, the collapse was averted and we are glad the way this reassured the corporate governance quality in India.

India is a developing country but it still has functioning democracy, independent institutions including judiciary and most importantly basic sense of free and fair market. Happy to hear about Satyam being taken over by Tech Mahindra. As long as corporate greed is there, Satyam & Enrorn will always be there. But the good news is they get found out eventually.

The speed, efficiency and transparency with which the deal went through should be reassuring to the global tech community. And it should hopefully become a case study for corporate governance though one hopes that we may not need another such instance of intervention.
- Mohan

The deal had put and end to all the speculations and bought some relief to satyam employees ..Now the Indian govt has to take the culprits to task and see to it that they dont get to see the morning sun out the jail for the rest of their miserable life.