Maytas

The Rest Of The Iceberg

"As the Satyam fraud unravels, the state Congress' role is increasingly under a dark cloud". Outlook's correspondents SUGATA SRINIVASARAJU, VENUGOPAL PILLAI dig into the Satyam-Maytas scam/affair(s) and ask several questions worth pondering and further digging into...

The Satyam scam: separating truth from lies

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Why did the fourth largest IT company choose to take the criminal route of falsifying accounts and indulging in fraud? Either Ramalinga Raju is exaggerating the hole in his balance sheet or there is some other, more complex, and more disturbing explanation. Economist CP Chandrasekhar writes in The Hindu. Cartoon courtesy, The Hindu newspaper