Q.
What is the future of satyam computer ?
what is the target of satyam computer in short term
Asked by sanjeev,
08 Jan '09 06:34 pm
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Answers (9)
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No future is visible as of now. Only after take over it may improve.
Government should immediately take control on the assets of the company and try to manage the routine affairs of the company through technical experts like Infosys or Wipro so that career of employees is not jeopardized and poor investors in Satyam Share get their due worth in course of time.
I hope PM and FM and ex-FM Mr. P Chidambram will leave no stone unturned to not only safeguard the interest of the employees and investors but also salvage the credibility of the Indian companies outside India .Image of Indians is already bad and Satyam has added fuel to fire.
The urgent need of the hour is to make provision in the books of law to award severest punishment to the responsible auditors, SEBI officers, ministers who irrigated and promoted the Satyam fraud. .The quantum of fraud is so large that it cannot be perpetuated without support of hundreds of person directly or indirectly linked to maintenance of fin
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Answered by Danendra Jain, 09 Jan '09 06:09 am
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In the medium term there does not seem to be much for the retail investor. As the company is also listed on US exchenges the liabilities as per their laws if applied by them will be so much that neither Satyam or any possible suiter could pay. So there might be liquidation on then horizon. Just might. So try to be safe.
Answered by Manish Tuli, 08 Jan '09 07:04 pm
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