| According to a Time Magazine article, Satyam, the Scandalized Indian outsourcing and consulting company, was sold to a smaller rival called Tech Mahindra. Satyam almost collapsed when it was found that its founder had cooked the books. He overstated the company's revenues and profits and reported a cash holding of approximately $1.04 billion that simply did not exist. |
Monday, 13 April 2009
Satyam Consulting Sold to Tech Mahindra
Posted on 10:57 by Unknown
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