Well and bad news spreads online.. So the resignation is on facebook for all to read. We are also reproducing the same below.
Wednesday, January 7, 2009
Satyam Chairman Ramalinga Raju’s Resignation Letter Goes Online
Everyone in the India IT space has been closely following the satyam fiasco. Its been written about in most newspapers. But what has taken the IT space by storm today is the resignation letter that has Ramalingam Raju of Satyam admitting to forging revenue numbers and having an inflated balance sheet of over 5000 crores. This is as bad as news can get in these times for corporate india.
Well and bad news spreads online.. So the resignation is on facebook for all to read. We are also reproducing the same below.
Well and bad news spreads online.. So the resignation is on facebook for all to read. We are also reproducing the same below.
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1 comment:
This is really something which was again not expected in the indian Economy ......... It is a shame to have Indians who misuse their power and limits . This is a big shame for India .
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