India after Satyam’s Scandal
Satyam was - one of the favourite large-cap stocks for investors. I am left wondering - if such things happen in a large-cap company, which is one of India’s top…What is going on in others? But there is one thing - this further makes us understand what risk of Equity investing actually is… No company is safe.
This could be just the tip of the iceberg, god knows who else in Satyam is involved and its the investors who take the grunt.
Also Read Satyam actual letter from Mr. Ramalinga Raju to its board directors admitting fraud