A’Satyam’

All that has been said and heard about Satyam reveals one satyam: Indian promoters still have more influence than they should actually have on the company. When a company grows beyond the size promoters can run it, it should be run by professional team and if the promoters are not professional enough, they should just remain non-executive or move on to other ventures. Satyam may reveal more ugly facts on the transperency of Indian corporate sector.

While my head says Ramalinga Raju is a 420, but by heart I still respect him as one of the brave entrepreneurs that took on the IT challenge. Apart from Satyam, the other charitable activities he does are of great help to common people. Generating 53,000 jobs is not an easy task in this country, and he is one of those tough guys who did it.

To my knowledge, all this can’t happen with out the knowledge of bada netas. Only time answers everything.

‘Satyam’eva jayate, for the sake of 53000 employees.