Re: Satyam Scandal - India's Enron
Let's get past the understated glee I see in some posts here about 'something going wrong in India', because facts are facts. Will companies that want to outsource to India ask for assurances about viability of their prospective partner? yes of course. Will any of then change their outsourcing strategy because of that? No.
I think the impact on the audit firms will be lot worse than the outsourcing firms.
But if a pattern of such things surface then it will be very big issue. I hope TCS, Wipro, Infy, HCL have not done any hanky panky