Satyam Scandal would Impact Foreign Investments in India

Group Discussion
Points to remember before you participate in this discussion:
  • Assume you are one of the members of a real group discussion.
  • Take the initiative to participate and contribute your thoughts.
  • Contribute your positive thoughts towards providing the solution.
  • Post your thoughts here.
Discussion:
47 comments Page 2 of 5.

Megha said:   1 decade ago
Hi Friends,

According to me, though satyam scandal has put a black mark on Indian status before other foreign countries, but we should also not forget about the other companies that are doing well in our country in providing services to the foreign countries. Bad work by one company cannot spoil the status of other countries that are doing well in our country. One cannot blame others even if only one person is bad.

Hence, the point is satyam scandal doesn't effect the foreign investments as foreign companies also have trust on other service providing companies of India.

THANK YOU.
(41)

Jyoti said:   1 decade ago
Yes Its very much true that the Satyam scandal has brought great shame to our country and has also put a great impact on our foreign investments. Though there are many software companies in our country but each company has its own importance and Satyam too had its part of share in the upliftment of our economy. And now the same way it has its part of share in bringing down our economy and posing a threat to the foreign investments. Of-course there will be investments but such irregularities makes the investees sceptical of their investments in our country.
(10)

P.karthika said:   1 decade ago
Yes friends I do agree with your point. India is the attractive place for FII's because of high interest rates. The satyam issue affected the economy of our country its a true one. So with the help of this issue, we can't predict that all companies are like satyam. May be one or two company may be unethical towards the Indian economy, but you can even notice that again our rupee value got to appreciate. Because of FII's investments towards Indian economy. SO if all the companies are ethical means. India will become a developed country. Its sure.
(5)

Vithal vyas said:   1 decade ago
Hi friends,

Today world is of globilsation since indain stock market are swallow and narrow and FII plays a very important role in stock market. Since FII put so much of there money on Indian companies any fraud like satyam do craete a lasting impression on integrity of Indian accounting trancperancy and audit, though there are several fraud that also occured in others countries. But India has been trying since then to overcum from it and making our sytem more transperant and strict by intoducing company bill, revised sch iv etc.
(7)

Tushar said:   1 decade ago
In our childhood days we have definitely listen that a dirty apple makes the other apple dirty too under the condition that they are in same basket. Same thing applies over here ,Satyam scandal hamper the image of other companies which are operating in India. But it also does not mean that other 200 companies are also corrupt.

Foreign investors would definitely think thrice before investing in an Indian company which they might do not do before this scandal. Such type of scandal hamper the image of any country.

(66)

Sowmya Shetty said:   1 decade ago
I definitely do not agree to the statement as it is not just 1 company could reflect the whole India and as people is the common word use to the different human form different countries as the same many companies with different ethical standards, so we should be happy that our country could able to take initiative lead and responsibility for solving the issue and bring back the company to its original existence. which shows the capability of India to take the step and solve the issue in case it happen like sathyam scam.
(9)

Ashish yadav said:   1 decade ago
Hi friends ! This is a wonderful topic to discuss upon.

Yes, it's true that the Satyam Scandal has brought a lot of disgrace to our nation. Certainly, the foreign investors would think twice or thrice while investing huge money in our country.

In our childhood days we have definitely listen that a dirty apple makes the other apple dirty too under the condition that they are in same basket. Same thing applies over here, Satyam scandal hamper the image of other companies which are operating in India.
(52)

Phasehymn said:   1 decade ago
Satyam scandal really was a shame for India and its position in global economy. But getting on to facts and figures of the scandal it was not the company which intended to do so but the employees. Its just that employees will no further will be trusted but as far as investments is concerned the investors only see the profitability of their investments and these factors doesn't come into path as long as they see their profit and safe economy to rely upon.
(7)

Kamal kumar said:   1 decade ago
Yes, it's true that the Satyam Scandal has brought a lot of disgrace to our nation, but it does not mean to look backward. In 100's of companies if a company is corrupt, do not mind for it and we should move forward, because there are still more 99 companies. If we sustain there for time it will not give any gain to us, only there will be loss of time because time is very precious. So for that international companies should invest in our country.
(35)

Sourav Baidya said:   2 decades ago
I think that satyam's scandal has a little impact on our country's economy. It has let our nation down but has not been able to drag the economy dip in the grave. India has always been in a strong position in global economy during the days of recession.

The situation in europe is still bleak. But our nation has been able to attract foreign investor. So our country with a good policy and great leaders is a safe zone for forein capitals.
(6)


Post your thoughts here:

Your comments will be displayed after verification.