Downfall of satyam one of the

It is being called India's Enron. Many in the financial circles are dismayed that the biggest-ever corporate fraud in the country could have escaped unnoticed for so many years. It has brought into question the levels of corporate governance in the country, and has cast an ugly shadow on the once shining image of Indian industry overseas. Investors stunned For the last couple of days outside the Bombay Stock Exchange, all anyone can talk about at the chai stalls and sandwich stores is how Ramalinga Raju, the former boss of Satyam Computers, managed to rack up a billion-dollar fraud right under their noses.

Downfall of satyam one of the

They were primarily a gathering and hunting community lived in their own way in jugles unmixed with modern society in high seclusion till recently. The variants of Mudiraj people living in Rajastan, Gujarat, Punjab and Himachal Pradesh are mostly known as kolis, kohlis and kolhis.

The downfall of Satyam Computer Services –

They are mostly farmers, agricultural labors and water tenders in these states. There are kohlis in Pakistan also. The people relating to mudiraj in Orissa are known as kolis and in West Bengal they are known as ugra kshatriya and aghouri.

Vettuva Goundan or Vettuva Gounder is an endogamous social group or caste of indigenous tribal origin and are a Tamil speaking people in the Erode area of West Tamil Nadu state. Vettuva Gounders are from agricultural family backround like other gounders. Vettuva gounder's ancestors from the devotional legend of Siva bhakta Kannappan.

They are from Khalhasti and moved from there to south. The most pocket of people are located in Erode, Madurai, Coimbatore, Bhavanishakar and also near Thirunelveli. In Tamil language the word Vettuvan or Vetan means a hunter. The word is derived from the noun Vettu or to cut.

Many hunter gatherer tribes across Tamil nadu and neighboring Kerala are still referred to as Vetan or Vetar. Vettuva Pulayar is a name of a significant caste in Kerala. This term is etymologically related to Sinhalese Vedda and Telugu Bedda for primitive tribes. Vettuvas are of Telugu origin from Srikalahasti region of Andhra Pradesh.

In Telugu Veta means hunting. The word Vetan and Vetar in Tamil are derived from Veta. Today they are found in all walks of life and rarely engaged in hunter gatherer activities.

Downfall of satyam one of the

Apparently the clan divisions between a settled group commonly known as Vellala Gounder and Vettuva Gounder show similarities showing an assimilation of hunting groups into settled agricultural groups[citation needed].

The historical war between Vellala Gounder and Vettuvas is mentioned in the mythical local Annamar-Appachimar story where the latter were defeated. The word Bedar is derived from telugu word Veta. This system of village level administration was a well established one deep rooted Rayalaseema, parts of Karnataka,and Tamilnadu which formed a major part of Vijayanagar kingdom.

Palayam administration is just parallel to that of Mutha system of Satyopanishad ===== "Upanishad" evokes a setting marked by harmonious and reverential pursuit of the.

PENSION AND MUTUAL FUNDS AND LACK OF BETTER CORPORATE GOVERNANCE One of the most revealing questions dealing with pension funds and lack of better corporate governance is: Why are pension funds wasting time with non-binding shareholder resolutions when they could, under current SEC rules, nominate slates of Director-candidates by running low cost, effective proxy contests?

The downfall of Satyam Computer Services –

Mahindra Satyam is a part of the Mahindra Group which is one of the top 10 industrial firms based in India. The company offers consulting and information technology (IT) services spanning various sectors, and is listed on the Pink Sheets, the National Stock Exchange (India) .

Synopsis This case illustrates the downfall of Satyam, one of the biggest IT giants in India, because of the fraudulent activities carried out by its founder Mr. Ramalinga Raju and his associates.

Downfall of satyam one of the

The Enron scandal, publicized in October , eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the de facto dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world.

In addition to being the largest bankruptcy reorganization in American history at that time, Enron was. Satyam is a Sanskrit word whose meaning is ‘truth’.

I am talking about Satyam Computer Services Ltd. which was a few days back one of the top 5 IT companies of India. It is a consulting and information technology services company based in Hyderabad, India.

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