Satyam fraud worries Indian expatriates

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Old 09-Jan-2009
deepak pace
Post Satyam fraud worries Indian expatriates

How does the Indian diaspora around the world look at the Satyam fraud?

It is the key point of discussion at the ongoing NRI conference, the Pravasi Bharatiya Divas in Chennai.

"We need to look at what happened in the US. They are calling Satyam the Indian Enron. It's going to have its implication and it would be difficult. We have to see how India would overcome this," said Upendra J Chivukula, deputy speaker, NJ General Assembly.

Some are worried that the Satyam scam could have an impact on outsourcing to India.

"Obama is going to take charge in January. Believe it or not, he wanted jobs not to go to India, to be honest. It's going to affect IT sector so badly. I think India should act and punish like how America put behind bars many billionaires to bring back the confidence," said a NRI.

Old 10-Jan-2009
Re: Satyam fraud worries Indian expatria

Literally it has put career of employees, hired during 2007-08 period, at stake. They were on bench. And now they have nowhere to go.

Old 12-Jan-2009
Re: Satyam fraud worries Indian expatria

tfs ....

Old 27-Feb-2009
Re: Satyam fraud worries Indian expatria


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