Friday, January 9, 2009

Cheap business tactics

Satyam's case has put forward how mean minded our business men are. The way by which other competetiors try to capitilise this situation and earn business is dis heartening. One statement by Narayanamorthy on ET "We cannot touch such a tainted company" is kind of disappointing. It is agreed that the management has done mistakes and they need to be punished but on the flip side no one is caring about the 50k employees and their fate.
When I see all other business gaints are keeping quiet it gives a suspicious thought that whether this issue is only with Satyam or else where also ? Was Raju doing it under the confidence that any way this is quiet common in India as all we know cheating Govt/breaking rules are quiet common for the richest sect of people.
One thing that is not clear is how can a company run like this for months . One or two months is understandable. The investigation should reveal lots of news and I guess with such indidents and the current economic crisis IT will no longer be the most preferred career for many

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