March 2023

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The Satyam Scam: A Shocking Betrayal of Trust in Corporate India [2008]

About: In 1987, Rama Raju and Ramalinga Raju founded Satyam Computer Services Ltd in Hyderabad. The name Satyam means ‘Truth’ in Sanskrit. The company started with 20 employees offering IT and BPO services to various sectors.  Satyam’s initial success led to its listing and IPO in the BSE in 1991, and it soon acquired Deere …

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