Business Daily from THE HINDU group of publications
Friday, January 09, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, January 09, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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OPINION CORPORATE GOVERNANCE: Satyam’s flawed ownership model Satyam Computer Services Limited (Satyam) is in deep trouble and despair. Its employees and shareholders have learnt through the confession of Mr B. Ramalinga Raju, its founder and the principal entrepreneur-manager, that it does not have the ... NON-CONVENTIONAL ENERGY: ‘…answer is blowin’ in the wind’ “It has been disappointing because India was so much ahead in this industry some years ago. But things have slowed down. I think India has wonderful potential if the country wants to go ahead. In India we still have a private market; ... CORPORATE GOVERNANCE: Tighter regulation The startling disclosure by the founder chairman of the information technology major, Satyam Computer Services, that the balance-sheet of the company comprised “faked and inflated figures of revenue, profit, interest and debt” has ... EDITORIAL: Crime and punishment Never before has the country had to confront such a succession of crises in so short a time. Just six weeks after the worst terrorist attack comes the biggest fraud in India’s corporate history. Like the attacks on Mumbai, the Satyam ... CORPORATE: Corporate scandals: Ensuring fast and deterrent action The great betrayal at Satyam Computer Services, the fourth largest firm in the informational technology (IT) sector with business in 66 countries and figuring prominently on the New York Stock Exchange, boggles the mind. But was it not all ... AUDITING: Price Waterhouse has to answer The morning after, as it sinks in slowly that what broke on Wednesday is the worst corporate scandal in India’s history, angry questions are being raised on the role of Satyam’s auditors, Price Waterhouse, in the scandal. And the firm ... MUSIC & DANCE: Sweet anticipation It seems, living in Chennai as I do, that I have exhausted all possible answers to questions regarding my peculiar plight in the otherwise agreeable, not-so-hot December season. Friends and relatives who call me or meet me at home in ... LETTERS: Satyam fiasco The shocking revelation by Mr Ramalinga Raju on the $1-billion dollar plus Satyam fraud, manipulating the company’s balance sheet, has revealed the fragility of our financial audit and regulatory processes and exposed the gullibility of ... Columnists: • C Gopinath • Harish Bijoor • G Chandrashekhar • S Murlidharan • Sharad Joshi • Mohan Murti • S Balakrishnan • Bharat Savur • B S Raghavan • Ganesh Challa • Bhanoji Rao • Swati • T Banusekar • Ramanujam Sridhar • Ranabir Ray Choudhury • Rasheeda Bhagat • P.V. Indiresan • P Devarajan • S Muralidhar • R K Raghavan • B Venkatesh • S Venkitramanan Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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