Well, my earlier post (Infy not to hire Satyam Employees) created major debate on few issues – and those who disagreed with us made couple of points which can be summarized as follows: “You (i.e. pluGGd.in) are making correlation between facts that’s not right – Infy’s statement about not entertaining Satyam was a decision to...
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Satyam’s fiasco can potentially open a pandora box and SEBI is going to probe all of the M&A deals and buybacks made by Satyam. The most prominent being Indiaworld – Satyam paid Rs. 499 crores for the company (founded by Rajesh Jain): In 1999, the group shocked investors when one of its units, Satyam Infoway, paid...
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While Satyam is all over the news, take a look at the rising web searches related to Satyam keyword: 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...
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Infosys is often termed ‘opportunistic’ and known to take the higher ground at the right time. Case in point, the company has asked it’s HR department  to not hire employees from Satyam. On Hiring Satyam Employees: “We have asked our recruitment staff not to poach anybody from Satyam. The company is in the middle of a...
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Satyam saga is surely going to add to the downturn as fate of 53,000 employees hangs by a thread. It’s not about who is going to acquire Satayam or the bailout plan (if any), the bigger fear is what if clients move away from the deal (most likely TCS/Infy/Wipro/HCL will benefit)? Obscured with such uncertainties,...
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It seems Ramalinga Raju has a good fan following – some of his supporters have launched ramalingaraju.com, a site dedicated to the ‘goodness’ of Mr. Raju. Here are some of the interesting messages: “MYTAS is wrog deal. But still we support you. We request you to acquire more share more in Satyam keep the Satyam alive.” “I...
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Now that Satyam-Maytas deal has entered the B-schools case study (corp governance), it’s interesting to look at the palindrome syndrome between the two companies: Palindrome: S A T Y A M | M A Y T A S The two are palindrome and maybe, its time to add a palindrome syndrome while evaluating M&A deals! Another interesting...
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