I am sure everyone would be aware of the Satyam story by now. I am not going to post the details but we all know what has happened to the company and how it has crumbled after it's chairman B.Ramalinga Raju resigned earlier this week.
The title of this blog is from an email I received from a contact in a foreign country with the subject Dodgy Indians. Though the subject was more on the lighter side, it has made me sit up and think, would the after effect of this turmoil have far greater reach than we had earlier imagined?
Would the world now think twice before interacting with Indian companies especially the ones which have still to establish a name?
Would this become an excuse to avoid doing business with Indian companies?
I could be thinking a little on the extreme side, but these thoughts do scare companies like us who are trying to make a global presence. I certainly hope the investigating agencies would come out with the truth soon and this particular episode would not be singled out by the rest of the world.
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Its good to think about these aspects in retrospect as thinking leaders, but I would still be positive and hopeful of what we are and would like to create. It's only with the small steps of new companies like us, which will slowly and steadily re-establish the faith in our actual and true delivery and potential. Remember what goes down has to come up, that is the Yin-yang of every cyle.
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