With India’s biggest corporate fraud coming to light after Satyam’s disgraced promoter confessed that he fudged the company’s accounts for years, caution has become the name of the game for senior executives, say headhunting firms.
SEBI and the government chose to ignore a report by the I-T department, thanks to Raju’s close links with Chandrababu Naidu. New board members | Fall of Satyam
The political angle is that SEBI and the government chose to ignore this report by the IT department, thanks to Raju's close links with the then AP CM and key ally of the BJP-led NDA, N Chandrababu Naidu.
Employees told ET that the senior management has, in fact, assured them of new business as well as support from existing clients.
India is among the top 10 countries with an optimistic economic outlook for year 2009, says an year end poll conducted by TNS Gallup International.
India has slipped to the 41st position as compared to 23rd last year in the Global Innovation Index (GII) for 2008-09, says a study conducted by industry body CII and B-School INSEAD.
The shakeout in Satyam isn’t restricted to its board alone. A significant percentage of the Hyderabad-based IT major’s senior brass is also on the lookout for new job opportunities.
The shakeout in Satyam isn’t restricted to its board alone. A significant percentage of the Hyderabad-based IT major’s senior officials is also on the lookout for new job opportunities.
Corporate India is looking at ways to restructure office space in these challenging times.
A few local brokerage houses have started hiring selectively to strengthen their research and sales team.
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