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View Full Version : What the world thinks about Satyam and hence India


Ajay.Joglekar
11th January 2009, 08:47 AM
Just one of the many articles floating on the internet:
NYTimes article (http://www.nytimes.com/2009/01/10/business/10nocera.html?_r=1&ref=business)

I too believe in decoupling and still do but still an interesting read. It almost seems that westerners were looking at any reason they can use to blame some other country as well.

ravi
11th January 2009, 02:56 PM
Scams/frauds/embezzlements big or small have/are and will happen, here or any place else in the world.......the lure of the green stuff is such......and human nature never changes......never....

achinj
12th January 2009, 11:37 AM
Satyam has left the bad taste in mouth for many client for Indian IT space.

i do agree with the article on 2 counts
1) Decoupling is not happening so soon.
2) Credit leads to issues invariably where-ever u are you

few good points are there in the article like IT is not even 10% of overall Indian growth story but other manufacturing sectors are playing there vital role.

Important point to note is in India we got more middle class & more people (both in % and volumes) in working age group.

cheers