2011 Corporate Strategy: Acquisition of Satyam by Tech Mahindra Anshul Bahre Roll Number - eMEP -10-041 1/27/2011 Table of Contents Jan 7th 2009: The day of confession ................................................. 3 The history of Indian IT Industry ...................................................... 4 History of Satyam............................................................................. 5 Indian companies confirm bids for Satyam...................................... 6 Acquisition
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On January 7‚ 2009‚ Mr. Raju confessed in a letter to the Satyam Computers Limited Board of Directors “he had been manipulating the company’s accounting numbers for years”. Mr. Raju claimed that he overstated assets on Satyam’s balance sheet by $1.47 billion. Nearly $1.04 billion in bank loans and cash that the company claimed to own was non-existent. Satyam also underreported liabilities on its balance sheet. Satyam overstated income nearly every quarter over the course of several years in order
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Satyam was the fourth largest information technology group in Indian and won various award pertained to innovation‚ governance and corporate accountability. However‚ Satyam was involved into a massive accounting fraud. As mentioned in the case‚ corporate governance at Satyam is unsuccessful due to the lack of obligation of the company interest to serve the stakeholders. Given that the shareholders have the right to obtain key information regarding to acquisition‚ request transparency of managing
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Case 1a: Satyam Accounting Scandal Mahindra Satyam is an IT company in India that recently perpetrated a large accounting scandal. To complete this assignment‚ you should first conduct research using the Internet to better understand Satyam and its fraud. Second‚ use the Internet and your understanding of class material to answer the following questions. Questions: 1. (a) In general‚ what is the role of information asymmetry in accounting scandals? Information asymmetry generally
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Computers have become such indispensable devices in the modern era that we cannot imagine life without computers. However‚ there have been different ideas on the benefits of computers. In my opinion‚ computers do more good than harm because they can make life easier and also can help our work become more systematically and productively. Firstly‚ computers give many advantages as they can make life easier. As a student‚ many works must be done by using computer such as assignment and presentation
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last term’s work 2 Description of a computer and the monitor. 3 Features of a computer 4 Importance of a computer as a tool for processing data 5 The System Unit 6 The keyboard and its sections 7 Word Processing 8 Data Processing 9 Stages of Data Processing 10 Information Evolution 11 Revision 12 Examination JS 2 WKS TOPICS 1 ICT as a transformation tool 2 Benefits and disadvantages of ICT 3 ICT Gadgets 4 Computer Programming language 5 Computer Programming Language 6 BASIC Programming
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Negetive Aspects of computer Children are exposed to computers at an early age and some even children know more than their parents about computers. However‚ regular computer use can have some negative effects on children‚ especially those that frequently use computers for extended periods of time. Some children who frequently use the computer may be at risk for developing vision problems. According to the American Optometric Association‚ children can be even more susceptible than adult
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and telecommunications AREAS AND USES OF COMPUTER: * EDUCATION Computers are used in schools for teaching Computers are used for mathematical calculation Students can do their work by using computer * BANK Computers are used in banks for storing information about different account holders. Computers help in keeping a record of the cash. Computers help in giving all kinds of information regarding any account in the bank * ENTERTAINMENT Computers are used for playing games‚ listening to
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------------------------------------------------- Computer From Wikipedia‚ the free encyclopedia For other uses‚ see Computer (disambiguation). "Computer system" redirects here. For other uses‚ see Computer system (disambiguation). "Computer technology" redirects here. For the company‚ see Computer Technology Limited. Computer | | A computer is a general purpose device that can be programmed to carry out a finite set of arithmetic or logical operations. Since a sequence of operations can be readily changed‚ the computer can solve
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General Computer Questions [pic] General Computer Question 1: What is a computer? Answer: A common‚ somewhat simplified‚ definition is that the computer is an electronic device that can be used to process information. Today‚ computers are not only used for calculations‚ but also for creating and manipulating text and pictures. They are used to design bridges and spacecraft‚ to record a company’s sales and to keep track of customers‚ to create a school newspaper‚ or to estimate the cost
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