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It’s “all in the family” for Indian tech firm

Started by Joelle, December 17, 2008, 02:00:41 PM

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Joelle

It's "all in the family" for Indian tech firm
      


Hold on to cash and don't jump in to help family-owned firms.
Satyam Computer Services got this stern message this week when it was forced to dump a plan to spend $1.6 billion to buy two builders, part-owned by Satyam's chairman and other insiders.
Ramalinga Raju, chairman, Satyam Computer Services is seen in his office in Hyderabad [...]
         

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