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Mynampati, Interim CEO Tries Raising Morale

Dear colleagues, I write this mail to update you on some critical Board and Leadership level changes in our company, effective immediately. A series of extremely unfortunate events led to this, which I am sure you have seen covered in the media over the past few hours. A SWAT team consisting of senior leaders has […]

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Raju’s Letter to Satyam Board

Dear Board Members, It is with deep regret, and tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice: 1. The Balance Sheet carries as of September 30, 2008: a. Inflated (non-existent) cash and bank balances of Rs. 5,040 crore (as against Rs. 5361 […]

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