Interestingly Maytas isnt really a word with a meaning.. It’s just a reverse spelled version of Satyam..what is more striking is that Ramalinga Raju tried to hide the truth by acquiring Maytas (literal meaning of Satyam is Truth)…


Infact Satyam did get one thing right – Truth is “What Business Demands” ..
The future of Satyam employees lies in doubt… Infosys HR head Mohandas Pai has already announced that Infy won’t recruit former Satyam employees…
Some of the biggest auditors have been involved in recent frauds.. Arthur Andersen for Enron Scandal.. and now PW for Satyam… For some reason Regulation itself isn’t enough to prevent another scam in future… Lawyers find greatest wealth in “Getting around the rules” and so its not the “Law” that would protect Economies but the “Spirit of the Law”.. Corporate integrity and values would go a long way in protecting shared wealth and faith in the open market..
One great learning from this episode is that the Shareholders have a mighty say in Corporate affairs, it was a very wise move to not let Satyam take over Maytas for the quoted price… A take-over would have given Ramalinga Raju more time to continue the scam… But was it a little too late….









