Satyam Stocks Crash

Tags

corporate governance, Satyam

A few days ago when I asked “Are We Seeing Satyam Slipping?” I myself never imagined what the company and its shareholders- if not the employees-were in for.  Today the stocks of Satyam have fallen by 62 % as of now with Chairman, Ramalinga Raju submitting his resignation while admitting to fraud.

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