The Satyam scandal has shaken the corporate world and the investors like anything . The 7100 crore fraud has taken also the the public by surprise. Such a fraud which is going for sometime in concurrence with the internal, external auditing speaks voluably about our auditing firm .
However the government has acted very swiftly . In order that the foreign ivvestors should have confidence in the IT sector, it has appointment an interim three member board for crisis management of the beleagured Sathyam computer services.
Transparency is the key , so Deepak parekh an eminent troubleshooter has advocated this in any business dealing. This will go a long way in restoring the confidence of the investor.