The Satyam fiasco has emerged at a time when India is struggling to sustain its glory as the IT outsourcing industry darling. As mentioned in a previous post ‘Is India’s position jeopardized in the outsourcing game?’: Such countries as China, Vietnam, Philippines, Russia, Poland and other in Eastern Europe can give India a run for [...]
Continue reading...15 January 2009
IT services outsourcing, an area that took off during the 2001 economic slowdown as an easy way to reduce costs, has an unpredictable fate in today’s economic slump. An Information Week article reports the findings of a new Foresster report: A stronger U.S. dollar will weigh the industry down in 2009. Yes you got it [...]
Continue reading...9 January 2009
Wow…in a short 30 days, an ironic twist occurs. A company named Satyam, meaning “truth” screws its investors, messes up customer integrity, and finally leaves 53000-odd trusting employees adrift. Drop the S, now the Indian IT world becomes a WITCH-hunt. Wow Karthik
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22 January 2009
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