Satyam Scandal would Impact Foreign Investments in India
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 3 of 5.
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)
Emtiyaj said:
1 decade ago
In our childhood we came across this famous saying that a bad fish can make dirty the whole pond. Companies investing in our country has only one goal that is to earn profit, if they will come across these type scandal in which the employs are taking away the whole money then why they will invest in our country.
(8)
Bhagavath said:
8 years ago
India is more valuable than other countries the best infrastructure in India is very well.
(8)
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.
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)
Ajay gupta said:
1 decade ago
Yeah definitely Satyam scandal was a shame on software industry but it does not mean that we are fraud. But Satyam has already commit a tremendous mistake so we have to suffer and try to mend our mistake by providing good services to our investors.
(7)
Dev said:
1 decade ago
Yes I agree that satyam scandel creats a negative impact on our reputation and definately it force to FII to think twice before investing in India I would like to explain it with the help of a situation if an investor want to invest in India so he or she is in 50- 50 situation so investor go with against investment because therer many other options like china, we are emerging market and in good position thats why FII comes in India because everyone [investor] are looking 4 profit but scandels like satayam can decrese the FII no can determine it impact or not it may be more if satayam not do this.
(7)
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)
Akshay dhande said:
1 decade ago
Never mind these things do happen only because of loose observations. He had such a big fraud, not a single one was able to predict the same. Corruption is the main problem which is making the country ashamed.
Not only satyam scandal but there might be lot of such discovered in the future. Who knows?. The main thing is that the honest and country respecting people are required.
Not only satyam scandal but there might be lot of such discovered in the future. Who knows?. The main thing is that the honest and country respecting people are required.
(7)
Murali krisnhna said:
1 decade ago
Its a big scenario where they are creating the precession. Its a good deed indeed. Where so many companies came out of a false prestige. Now they are in a good track.
(7)
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.
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:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers