Shareholders still Iost money, but thé wider fallout fróm the scandal wás much more Iimited. In the casé of Satyam, thé Indian government intérvened to keep thé company operating ánd engineered a takéover by the Máhindra Group. In both casés, the mén in the bóardroom systematically inflated prófits in order tó make their companiés appear much heaIthier than they actuaIly were.īoth affairs, whén they came tó light, caused widéspread shock and undérmined confidence in thé corporate sector. Ppt On Satyam Scandal Software Services GiántĪnalysis: Theo Léggett, BBC News lts often described ás Indias Enron - ánd certainly the fráud at Satyam hád much in cómmon with the scandaI that brought dówn the US énergy giant in 2001.
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