2009 is perhaps a very challenging year for the global economy. The only good thing is that the price of oil is very low. The bad thing is that we are in the midst of economic recession. Satyam Scandal has come at a time when in the
Indian outsourcing industry is almost solely dependent on American market and American companies. As you know, the condition of American economy at this moment is not good at all because of the ongoing economic recession. So, there is a lot of worry among Indian technology companies about the possible impact or negative impact on the outsourcing sector of the recession. I thing that it is a very big challenge but economic recession in
Satyam Scandal and Corporate Governance
It has been almost three weeks since Satyam Scandal then to the media and that people could know about it. Still, it seems that there is no end to the media coverage of this scandal. Every day, we can find new news items and reports about it and this has seriously put some questions about the level and quality of corporate governance in
Nasscom President Som Mittal said in an interview:
“It was decided in our executive committee meeting that other companies should not try to take over Satyam’s staff and clients, as this would affect the business continuity of the company. The employees of the company are working on different projects and it’s necessary to complete all these projects, …… “The association had put in a request to all our members, and the companies are maintaining a self-imposed restraint,”
The employees of Satyam a tough raid and frustrated and are desperate to go to other companies because they feel that they have a bleak prospect in Satyam.
You may think that there can be no comparison between
Eastern Europe countries and
Read more: ‘Nigeria has great potential in outsourcing’
Obama and American Public Opinion
Just a week ago, Barack Obama took oath as the new president of
Indian Politics and Election and Uncertainty
2009 is the year of general election in
For many years,
What do you think?