Rise of Satyam Keyword

January 9, 2009

By sinha

While Satyam is all over the news, take a look at the rising web searches related to Satyam keyword:

Satyam Keyword Rise

Satyam Google Trend

Did you notice one of the rising keyword – Satyam CEO Suicide – speaks of what we look forward to? (the latest news is that Satyam CFO Srinivas Vadlamani attempted suicide (source)).

We just hope that the issue is resolved at the earliest and the concerned parties are brought to the table. Most importantly, this is a wake-up call to MCA (Ministry of Corporate Affairs) which needs to work on reinforcement of laws (and not creating new ones).

For instance, role of rating agencies – both ICICI and LIC hold about 6.81% in Satyam Computer and rated it as ‘AAA’, despite all that was made public on January 7 – is IRDA going to question these two companies?

The issue needs to be examined from corporate affair standpoint and most importantly, the accountability of each and every entity in the deal (including the political nexus of Maytas).

Will the govt. go beyond the obvious details? We do hope so.

Tags: satyam

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Chandra on January 10, 2009 at 12:47 am

here is a link to a similar Image showing Google India Trends on the day when Satyam fraud came into light…
http://twitpic.com/10hbo

Ramesan on January 10, 2009 at 3:10 pm

It is quite evident. the rating of AAA given by the agency which has rated Lehman bros and such failures in USA.Pl don’t value any rating or even sovereign rating of countries by these agencies.
they don’t detect failures and look for investments and their fees.Many agencies like Standard and Poor and Fitch rated India lower US companies and European British banks highher. what is the fact and reality.These are useless companies and don’t allow them to rate you or even see your B/S.they work for fees commercially without any touch with reality