Financial Scandal at Outsourcing Company Rattles a Developing Country
(New York Times)
Satyam Computer Services, one of India?s largest outsourcing
companies, significantly inflated earnings and assets for years, the
chairman said before resigning.
Read more...
Indian Outsourcing Giant Admits Fraud (Washington Post)
NEW DELHI, Jan. 7 -- The leader of one of India's largest technology
outsourcing companies, Satyam Computer Services, on Wednesday admitted
cooking its books and committing other grave financial wrongdoing to
inflate profits over several years. The revelation shook India's stock
market and sent s...
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Outsourcing Giant Admits Cooking The Books (NPR)
The chairman of one of India's largest technology outsourcing
companies has resigned after admitting the company's profits had been
inflated for several years. The scandal at Satyam Computer Services Ltd.
threatens future foreign investments in India and tarnishes the
once-booming outsourcing sector.
Read more...
Financial Scandal at Outsourcing Company Rattles a Developing Country
(The Sarasota Herald-Tribune)
Satyam Computer Services, one of Indias largest outsourcing
companies, significantly inflated earnings and assets for years, the
chairman said before resigning.
Read more...
Outsourcing shifts beyond Bangalore, Mumbai (CNET)
While India remains popular with the top 50 outsourcing companies,
vendors are progressively creating more bases in cities such as Chennai,
Noida, Hyderabad, and Pune.
Read more...
