Satyam, the year end and bilateral tensions
Info on the remotely possible war.
Coming to Satyam:
First there was the cancelled bid to buy out the originally named Maytas companies
Then the billion dollar claim from Upaid and the possibility that the two were related
And finally, the world bank ban.
[Update on Jan 7, 2009]
Satyam Chairman resigned after admitting to falsifying accounts
More information:
1. Indian Stocks Plunge Most in Two Months on Satyam Scandal
2. Satyam Accounting Scandal Erodes Confidence in India
3. NYSE halts trade in Satyam Computer until further notice
Coming to Satyam:
First there was the cancelled bid to buy out the originally named Maytas companies
Then the billion dollar claim from Upaid and the possibility that the two were related
And finally, the world bank ban.
[Update on Jan 7, 2009]
Satyam Chairman resigned after admitting to falsifying accounts
More information:
1. Indian Stocks Plunge Most in Two Months on Satyam Scandal
2. Satyam Accounting Scandal Erodes Confidence in India
3. NYSE halts trade in Satyam Computer until further notice
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