It's written by a Satyam employee:
At a time when almost 90% of my Satyam friends are cribbing about the fraud and betrayal by Ramalinga Raju, I have a slightly different opinion. It's bold of me to write this in black and white but this comes straight from my heart and experience.
Let me start by quoting an example of 2006. Most of my friends were unemployed with 50-60% plus marks in BTech, with a degree from an average University and hunting madly for a job. Whether people accept it today or not but the truth remains that Satyam was the ONLY saviour and the only mass recruiter who was ready to accept students who had backlogs but had cleared them and also it did not put a very strict minimum marks criterion. And this was true not only for my small college at Lucknow but also those across India. Satyam is the fourth largest in IT in India. Looking at India's population I really want to thank Raju for giving some 54,000 Indians jobs at least for all these years. He was the reason for the revival of confidence and the reason for the bread and butter for many families.
Satyam training was renowned all over India. Their STC training centre created numerous love stories and unexpected rekindling of a youthful environment where girls and boys were more independent than their college days. I remember most of my Satyam friends felt that they made better friends at Satyam's three to six months training than those in the four years of BTech.
Unfortunately, people forget to thank God in sad times. I understand that what Raju did is deplorable and unpardonable. He should have treated business more formally and not dealt with it like a family affair. He should have been strict a couple of months or years before itself. Why did he hire so many non-potential candidates and keep them on the bench? When were the managers and the teammates last told that if they don't work hard, they will lose their jobs? Business cannot be run lousily.
I have been staying with some 200 odd girls for the last 2 years and many of them are from Satyam. Moreover, I network a lot and I have lots of male friends at Satyam. I have seen how people tailgate to Satyam, how they give their swipe cards to others to swipe it on their behalf, how female employees have gone home sharp at 6 am irrespective of when they landed at the office, how employees sit at home for months at a stretch, prepare for all kinds of post-graduate entrance exams and still enjoy a full month's pay, how often they went for movies at local theaters at office hours, how often employees went to the office just to sign on registers in the morning and at evening, how often they faked their certificates, how often they put unlimited fake medical and house rental bills.
How can we blame just one man when EACH AND EVERY person was disloyal? How can we exclude Auditors like PwC? How can we exclude the Board of Directors who have washed their hands off so clean? How can we exclude banks who gave hefty loans without true verification? How can we exclude the Chief Minister of AP who allowed leniency for Raju's fellow businessman? How can we exclude managers who were never able to trace which bench employee under him had been away from the office for how long?
Yet how can people forget this is the same man whose ideas and potentials gave them an identity for the past several years? How many couples found the right match at an IT industry, courtesy Satyam, and how many Andhra farmers benefited from their crores of investments in Satyam shares. How can people forget that Satyam launched its offices right at the doorsteps of a residential colony, where people can simply walk to work?
The most gruesome experience that I can recollect was when a Satyam tag-wearing person was waiting to attend an interview and I overheard him saying that he was in a business meeting at the My Home Satyam (Madhapur) office when he was sitting right in front of me at a totally different company. When employees themselves show such a lousy attitude and don't care a damn for the brand that they carry around their neck, how can they expect others to care?
I am not saying that ALL Satyam employees are bad. I have known very dedicated people too, but my point is very clear, before pointing fingers at others, introspect. There are thousands of people who have completed certifications at the cost of Satyam, got trained at Satyam. Satyam made several freshers stand on their feet to get better jobs elsewhere across the globe and attain onsite exposure through Satyam.
What Raju did was to keep the business of Satyam going at any cost. I see a very smart man in him when he understood that he should rather accept his mistake than be caught by the USA laws. I see a selfish father in him too that he put a lot at stake for Maytas. However, he resigned with a lot of dignity and his letter of resignation shows humility. It takes a mammoth amount of courage to accept your mistake in public at a time when the media is ready to blow everything out of proportion. If humans don't make mistakes who else would?
My last salute to this man is for creating such mass employment in India for 57k employees and 57k families when even opening a beetle (pan) shop in a lane in India is a challenge!! Thanks to him for creating income for all the thousands of families who benefited through food chains, the tiffin wallahs, the transport people and all those who made money by renting their houses.
I read he donated Rs 12,000 crores from his personal pocket to give the January salary of his Satyam employees. Today Satyamites call Raju a FRAUD. The true and loyal Satyamites surely have all the reasons to say this word. But all the rest who sucked every rupee out of Satyam without doing any value addition need to understand - who was a bigger fraud.
From India, Delhi
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4At a time when almost 90% of my Satyam friends are cribbing about the fraud and betrayal by Ramalinga Raju, I have a slightly different opinion. It's bold of me to write this in black and white but this comes straight from my heart and experience.
Let me start by quoting an example of 2006. Most of my friends were unemployed with 50-60% plus marks in BTech, with a degree from an average University and hunting madly for a job. Whether people accept it today or not but the truth remains that Satyam was the ONLY saviour and the only mass recruiter who was ready to accept students who had backlogs but had cleared them and also it did not put a very strict minimum marks criterion. And this was true not only for my small college at Lucknow but also those across India. Satyam is the fourth largest in IT in India. Looking at India's population I really want to thank Raju for giving some 54,000 Indians jobs at least for all these years. He was the reason for the revival of confidence and the reason for the bread and butter for many families.
Satyam training was renowned all over India. Their STC training centre created numerous love stories and unexpected rekindling of a youthful environment where girls and boys were more independent than their college days. I remember most of my Satyam friends felt that they made better friends at Satyam's three to six months training than those in the four years of BTech.
Unfortunately, people forget to thank God in sad times. I understand that what Raju did is deplorable and unpardonable. He should have treated business more formally and not dealt with it like a family affair. He should have been strict a couple of months or years before itself. Why did he hire so many non-potential candidates and keep them on the bench? When were the managers and the teammates last told that if they don't work hard, they will lose their jobs? Business cannot be run lousily.
I have been staying with some 200 odd girls for the last 2 years and many of them are from Satyam. Moreover, I network a lot and I have lots of male friends at Satyam. I have seen how people tailgate to Satyam, how they give their swipe cards to others to swipe it on their behalf, how female employees have gone home sharp at 6 am irrespective of when they landed at the office, how employees sit at home for months at a stretch, prepare for all kinds of post-graduate entrance exams and still enjoy a full month's pay, how often they went for movies at local theaters at office hours, how often employees went to the office just to sign on registers in the morning and at evening, how often they faked their certificates, how often they put unlimited fake medical and house rental bills.
How can we blame just one man when EACH AND EVERY person was disloyal? How can we exclude Auditors like PwC? How can we exclude the Board of Directors who have washed their hands off so clean? How can we exclude banks who gave hefty loans without true verification? How can we exclude the Chief Minister of AP who allowed leniency for Raju's fellow businessman? How can we exclude managers who were never able to trace which bench employee under him had been away from the office for how long?
Yet how can people forget this is the same man whose ideas and potentials gave them an identity for the past several years? How many couples found the right match at an IT industry, courtesy Satyam, and how many Andhra farmers benefited from their crores of investments in Satyam shares. How can people forget that Satyam launched its offices right at the doorsteps of a residential colony, where people can simply walk to work?
The most gruesome experience that I can recollect was when a Satyam tag-wearing person was waiting to attend an interview and I overheard him saying that he was in a business meeting at the My Home Satyam (Madhapur) office when he was sitting right in front of me at a totally different company. When employees themselves show such a lousy attitude and don't care a damn for the brand that they carry around their neck, how can they expect others to care?
I am not saying that ALL Satyam employees are bad. I have known very dedicated people too, but my point is very clear, before pointing fingers at others, introspect. There are thousands of people who have completed certifications at the cost of Satyam, got trained at Satyam. Satyam made several freshers stand on their feet to get better jobs elsewhere across the globe and attain onsite exposure through Satyam.
What Raju did was to keep the business of Satyam going at any cost. I see a very smart man in him when he understood that he should rather accept his mistake than be caught by the USA laws. I see a selfish father in him too that he put a lot at stake for Maytas. However, he resigned with a lot of dignity and his letter of resignation shows humility. It takes a mammoth amount of courage to accept your mistake in public at a time when the media is ready to blow everything out of proportion. If humans don't make mistakes who else would?
My last salute to this man is for creating such mass employment in India for 57k employees and 57k families when even opening a beetle (pan) shop in a lane in India is a challenge!! Thanks to him for creating income for all the thousands of families who benefited through food chains, the tiffin wallahs, the transport people and all those who made money by renting their houses.
I read he donated Rs 12,000 crores from his personal pocket to give the January salary of his Satyam employees. Today Satyamites call Raju a FRAUD. The true and loyal Satyamites surely have all the reasons to say this word. But all the rest who sucked every rupee out of Satyam without doing any value addition need to understand - who was a bigger fraud.
From India, Delhi
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its a amazing mail i think in this time SATYAM needs these types of favor from their employees ....... Keep it up Regards hr770
From India, Delhi
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From India, Delhi
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It is really an amazing mail which shows how patriotic and loyal towards the organization. It is very good to know the facts, and I think this letter has really changed my thinking towards Mr. Ramalingaraju and his big empire.
Regards,
Sidhu
From India, Mumbai
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Regards,
Sidhu
From India, Mumbai
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Very Truly Said.. Satyamites need to Support at this time Lets see whether the true loyalty of employees will win the market or not Best of Luck SATYAM Regards
From India, New Delhi
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From India, New Delhi
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I feel that even now its NOT TOO LATE, if the employees want they can turn around the image of the organisation I completely support the statements made by this bold man
From India, Delhi
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From India, Delhi
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i really appreciate dis effort of sahil..... very good post..... All d best for satyam :) Neha Roy HR Executive
From India, Pune
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From India, Pune
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Satyam, as the word says, Raju kept the meaning standing for all, "truth". I know, in the first instance, it seems as if a fraud, but if you lie to save thousands of lives who were dependent on him, the lie itself gets faded away.
I salute Raju's efforts, and I pray that Satyam, its shareholders, its stakeholders, and everyone associated with the case get blessed, and may the Lord bring happiness back into everyone's life.
From India
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I salute Raju's efforts, and I pray that Satyam, its shareholders, its stakeholders, and everyone associated with the case get blessed, and may the Lord bring happiness back into everyone's life.
From India
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Hey Sahil,
Nice post! I truly appreciate your effort. Seriously, employees like you can make a big difference in an organization. It has somewhat changed my outlook towards Mr. Ramalingaraju.
All the best!
Regards,
Chetna
HR Executive
From India, Pune
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Nice post! I truly appreciate your effort. Seriously, employees like you can make a big difference in an organization. It has somewhat changed my outlook towards Mr. Ramalingaraju.
All the best!
Regards,
Chetna
HR Executive
From India, Pune
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I do appreciate Sahil for his effort.
All Satyamites should join hands together at this moment to turn around the image of their organization. Proud Satyamites!
Not only Satyam, but also Raju, needs support at this stage. He is so smart that he could at least confess the truth to the whole world, which cannot be done by others.
May the God Almighty help all Satyamites and Raju as well.
Sunitha HR Executive
From India, Kochi
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All Satyamites should join hands together at this moment to turn around the image of their organization. Proud Satyamites!
Not only Satyam, but also Raju, needs support at this stage. He is so smart that he could at least confess the truth to the whole world, which cannot be done by others.
May the God Almighty help all Satyamites and Raju as well.
Sunitha HR Executive
From India, Kochi
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Hi Sahil,
Good post. We know who Mr. Raju is; he has no other option but to open up. You may be referring to the employees; he might have spent huge amounts on obtaining clearances for various projects across India. One point everybody should remember is how many industrialists are taking on social responsibility and investing significant amounts in activities like 108/EMRI, etc. If he is money-minded, why should Mr. Raju do all this?
The community, whether employees (only some people) or others who have benefited from his efforts, are trying to blame. Let us hope for the best for Satyam and its employees.
From India, Hyderabad
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Good post. We know who Mr. Raju is; he has no other option but to open up. You may be referring to the employees; he might have spent huge amounts on obtaining clearances for various projects across India. One point everybody should remember is how many industrialists are taking on social responsibility and investing significant amounts in activities like 108/EMRI, etc. If he is money-minded, why should Mr. Raju do all this?
The community, whether employees (only some people) or others who have benefited from his efforts, are trying to blame. Let us hope for the best for Satyam and its employees.
From India, Hyderabad
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True to his legend, Raju has to be a kingpin or a business tycoon only to have amassed crores of money through the software business. Over a decade, Satyam has set a record in employing young graduates/engineers only to be discovered at this juncture that those recruited had produced fake certificates or abstained from work, causing losses to the company or to the nation as a whole. Kudos to their HR policies first.
From India, Hyderabad
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From India, Hyderabad
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Sahil,
There is a very thin line between right and wrong. One cannot justify one gross wrong by doing a hundred rights. This is where ethics come in because when someone steals, he's a thief, irrespective of whether you steal a needle or 20,000 rupees.
Nobody can deny what he did for India, and a lot of us, but look where he's landed. The sense of right and wrong in your mind has to be in place.
Regards,
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There is a very thin line between right and wrong. One cannot justify one gross wrong by doing a hundred rights. This is where ethics come in because when someone steals, he's a thief, irrespective of whether you steal a needle or 20,000 rupees.
Nobody can deny what he did for India, and a lot of us, but look where he's landed. The sense of right and wrong in your mind has to be in place.
Regards,
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Hi Sahil,
I truly appreciate your boldness here. I agree that at this point in time, Satyam employees have to unite to fight for their brand and image. Apart from this, Raju has to be supported to come out of this and retain his 57K employees. We cannot forget the big salaries paid by the company all these years. It has saved thousands of families.
Regards,
Vidyasagar
Sr. HR Executive
From India, Bangalore
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I truly appreciate your boldness here. I agree that at this point in time, Satyam employees have to unite to fight for their brand and image. Apart from this, Raju has to be supported to come out of this and retain his 57K employees. We cannot forget the big salaries paid by the company all these years. It has saved thousands of families.
Regards,
Vidyasagar
Sr. HR Executive
From India, Bangalore
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SATYAM WILL GO ON — — — — -HONEST EMPLOYEES ARE STILL THERE:icon10::) REGARDS ASHOK
From India, Delhi
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From India, Delhi
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Friends,
The truth is we still don't know what the real facts are. We say that Satyam is the only fraudulent company. No, most of the companies are compelled to do these things to compete in the market. I have seen a Yahoo news article from October 2007 stating that the WORLD BANK debared WIPRO as a fraudster, but the media kept quiet. Can we say Mr. Azmi is a fraud?
It is very clear, whatever he did, whether it was for personal or official reasons, Mr. Raju made a mistake and he has accepted it. That is highly appreciable. Regarding Satyam employees who do nasty things, we Indians talk about culture only in words; however, behind the scenes, we show our true colors. These things happen in most companies, and the management trusts some managers who work for their personal benefits. Thus, I kindly request all the HR guys: if any Satyam employees come and they seem to be good, please don't hesitate to train them to be good humans rather than just professionals.
Regards,
kk
From United Arab Emirates, Dubai
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The truth is we still don't know what the real facts are. We say that Satyam is the only fraudulent company. No, most of the companies are compelled to do these things to compete in the market. I have seen a Yahoo news article from October 2007 stating that the WORLD BANK debared WIPRO as a fraudster, but the media kept quiet. Can we say Mr. Azmi is a fraud?
It is very clear, whatever he did, whether it was for personal or official reasons, Mr. Raju made a mistake and he has accepted it. That is highly appreciable. Regarding Satyam employees who do nasty things, we Indians talk about culture only in words; however, behind the scenes, we show our true colors. These things happen in most companies, and the management trusts some managers who work for their personal benefits. Thus, I kindly request all the HR guys: if any Satyam employees come and they seem to be good, please don't hesitate to train them to be good humans rather than just professionals.
Regards,
kk
From United Arab Emirates, Dubai
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I really appreciate ur mail sahil... at this moment satyam and raju as well need support from employees like you... Regards Sreeteju
From India, Hyderabad
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From India, Hyderabad
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I really appreciate ur mail sahil... at this moment satyam and raju as well need support from employees like you... Regards Sadhana tripathi:icon1:
From India, Gurgaon
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From India, Gurgaon
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Hi Sahil,
You are truly an asset to Satyam. As everyone rightly said, it's not too late. You guys can really turn around the table. I think I would definitely support Raju for his courage or action. As you said it very well, it was the company that gave the bread and butter to so many families. And one lie to save a lot of families is not as big as it has been showcased by the media.
All the very best to you and to Satyam.
From India, Bangalore
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You are truly an asset to Satyam. As everyone rightly said, it's not too late. You guys can really turn around the table. I think I would definitely support Raju for his courage or action. As you said it very well, it was the company that gave the bread and butter to so many families. And one lie to save a lot of families is not as big as it has been showcased by the media.
All the very best to you and to Satyam.
From India, Bangalore
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57,000 Employees X 10% of Annual Salary - Calculate the Amount
Let them come forward together at this moment.
Take the company's share by using this option.
Definitely things will go best for Satyam.
All employees at that moment will be so proud at that time.
Remember, CRISIS IS OPPORTUNITY.
From India, Coimbatore
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Let them come forward together at this moment.
Take the company's share by using this option.
Definitely things will go best for Satyam.
All employees at that moment will be so proud at that time.
Remember, CRISIS IS OPPORTUNITY.
From India, Coimbatore
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Dear All, I too like to reconsider my thoughts about Mr.Raju after reading this post. Regards, Nelson.S Chennai.
From India, Bangalore
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From India, Bangalore
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Hi Sahil, I appreciate your efforts and patriotism At these time all the employees in satyam should stand on line. ALL the best Satyamities Regards Sankar.P Sr.Exe- HR
From India, Chennai
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From India, Chennai
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A bold, thought-provoking, and introspective email by Sahil. Besides, I feel that it's just not Satyam or the Satyamites... the crisis is for all of us as Indians. We need to support Satyam in this hour of crisis, and the media should play a very responsible role. I am sure that it will bounce back again.
Gyanu
From India, New Delhi
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Gyanu
From India, New Delhi
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U are absolutly correct, nobody denies your thinking.. requesting you please forward this mail to all satyamites..it will boost moral of employees Rakesh
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Excellent mail.
Regards,
Ashraf from Pakistan
[Ashraf Chaudhry](http://www.ashrafchaudhry.com)
From Pakistan
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Regards,
Ashraf from Pakistan
[Ashraf Chaudhry](http://www.ashrafchaudhry.com)
From Pakistan
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Hello, Mr. Sahil, Its really a vgud post, n really appreciable too, i hope satyam wants full support from its loyal employees for sure,, Rgds, Nageen
From India, Bangalore
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From India, Bangalore
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Satyam's loss is a significant setback for the Indian industry. Still, after reading this email, I can't help but wonder why Indian people suffer. This country is not only full of wrong individuals but also a large number of people who support them.
After reading this email, I feel compelled to comment. It may be terse but true.
Reply in sequence:
1) Jobs for 50,000—You don't give birth to a child to kill it once it grows up. Moreover, it was a requirement for their second-grade work; they took in backlog students.
2) Numerous training centers for numerous love stories. He did not open a center with this point, so he should not get credit for the so-called LOVE STORIES.
3) Hiring non-potential candidates to manipulate accounts, pay less, and show more.
4) Putting unlimited fake medical and house rental bills—yatha raja yatha praja.
5) How can we blame just one man when EACH AND EVERY person was disloyal? No one is blaming one person, but of course, the captain of the ship is always in the limelight.
6) This is the same man whose ideas and potentials—how to swindle money was the idea from the beginning. Search for Satyam Spinning Mills.
7) The most gruesome experience—agreed.
8) I am not saying that ALL Satyam employees are bad—no one said this. Poor people did not know anything until Mr. Raju sent his resignation.
9) What Raju did was to keep the business of Satyam going at any cost. Sorry, dear, not Satyam but to keep Maytas business. He transferred money from Satyam actually.
10) My last salute to this man—salute to these people only making our country corrupt and worst.
11) I read he donated Rs 12,000 crores from his personal pocket. First of all, it's a big lie, but assuming it's true, how did he get this Rs 12,000 in his personal pocket? Last but not least, distributing some money from robbery does not make you a saint. Sorry, guys, I may have hurt some of you.
From India, Bangalore
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After reading this email, I feel compelled to comment. It may be terse but true.
Reply in sequence:
1) Jobs for 50,000—You don't give birth to a child to kill it once it grows up. Moreover, it was a requirement for their second-grade work; they took in backlog students.
2) Numerous training centers for numerous love stories. He did not open a center with this point, so he should not get credit for the so-called LOVE STORIES.
3) Hiring non-potential candidates to manipulate accounts, pay less, and show more.
4) Putting unlimited fake medical and house rental bills—yatha raja yatha praja.
5) How can we blame just one man when EACH AND EVERY person was disloyal? No one is blaming one person, but of course, the captain of the ship is always in the limelight.
6) This is the same man whose ideas and potentials—how to swindle money was the idea from the beginning. Search for Satyam Spinning Mills.
7) The most gruesome experience—agreed.
8) I am not saying that ALL Satyam employees are bad—no one said this. Poor people did not know anything until Mr. Raju sent his resignation.
9) What Raju did was to keep the business of Satyam going at any cost. Sorry, dear, not Satyam but to keep Maytas business. He transferred money from Satyam actually.
10) My last salute to this man—salute to these people only making our country corrupt and worst.
11) I read he donated Rs 12,000 crores from his personal pocket. First of all, it's a big lie, but assuming it's true, how did he get this Rs 12,000 in his personal pocket? Last but not least, distributing some money from robbery does not make you a saint. Sorry, guys, I may have hurt some of you.
From India, Bangalore
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This Mail is nothin but a Good PR Exercise by Mr Raju considering the fact that he will be definitely punished in US but not in India
From India, Mumbai
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From India, Mumbai
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Dear Sahil,
Your maturity and practical take on the events is amazing. Even during these challenging times, you have looked beyond the obvious and asked a tough question to the inner self of the employees. This also shatters the myth that the Private Sector is inherently more efficient than the Public Sector. Probably, since the Management itself wasn't truthful, it could not inculcate the core values of "Satyam" into its employees.
Kaushik Bhar
HR Professional
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Your maturity and practical take on the events is amazing. Even during these challenging times, you have looked beyond the obvious and asked a tough question to the inner self of the employees. This also shatters the myth that the Private Sector is inherently more efficient than the Public Sector. Probably, since the Management itself wasn't truthful, it could not inculcate the core values of "Satyam" into its employees.
Kaushik Bhar
HR Professional
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This is a well-thought-out post. I appreciate it. ICICI and Satyam were the real employment generators of the last decade. If disloyalty and improper employee behavior are true, then the real problem in Satyam is an HR paradigm problem. Thanks for being so clear and forthright.
Veera
From India, Thrissur
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Veera
From India, Thrissur
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Hey Sahil!!
Hats off to you for posting this when it's actually an eye-opener. Amazing work by you!! I sincerely hope that this post reaches all those who are a part of this, and they are able to find themselves somewhere in this short message. Best wishes for SATYAM!!!
Take care :)
From India, Pune
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Hats off to you for posting this when it's actually an eye-opener. Amazing work by you!! I sincerely hope that this post reaches all those who are a part of this, and they are able to find themselves somewhere in this short message. Best wishes for SATYAM!!!
Take care :)
From India, Pune
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Hey Sahil....
Very nice and successful effort to change the image of Satyam as well as its founder Ramalinga's image. I believe and hope this may help Satyamites to understand the situation from your point of view and help Satyam to overcome this issue ASAP.
All the best Satyam and Satyamites...
Deepmala
Executive - HR
From India, Ghaziabad
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Very nice and successful effort to change the image of Satyam as well as its founder Ramalinga's image. I believe and hope this may help Satyamites to understand the situation from your point of view and help Satyam to overcome this issue ASAP.
All the best Satyam and Satyamites...
Deepmala
Executive - HR
From India, Ghaziabad
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I appreciate the English email. But how sure is the person from Satyam?
Whatever said and done, all the employees of Satyam are now in a fix, which is sad at this juncture (recession, economic slowdown, etc.). None of them could have expected the sudden turn of bad events. I really wish and pray that something concrete happens for the future of Satyam and all of them have a good career ahead.
Kavi
From India, Bangalore
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Whatever said and done, all the employees of Satyam are now in a fix, which is sad at this juncture (recession, economic slowdown, etc.). None of them could have expected the sudden turn of bad events. I really wish and pray that something concrete happens for the future of Satyam and all of them have a good career ahead.
Kavi
From India, Bangalore
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Despite this, THE VERDICT OF LAW shall go against RAJU. Facts and figures remain and are not overruled by feelings. There are seven sections of LAW (IPC) under which RAJU is booked. Rather, this has become a usual attitude for the masses because bureaucracy dominates Indian offices, and 80% of bureaucrats are corrupt. A famous dialogue by A.K. HANGAL in the well-known movie DEEWAAR: "CHORI-CHORI HOTI HAI, CHAHE CHOTI CHORI HO YAA BADI."
From Saudi Arabia, Al Khobar
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From Saudi Arabia, Al Khobar
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The article is truly amazing. Such open talk and facts that were forgotten. But how far will that help... not an easy task.
The courageous and smart Raju... what made him open up & blurt out... that too his own faults and not pointing out anybody for any reason... is a true mystery to be unveiled. WHY? Any answers for the?
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The courageous and smart Raju... what made him open up & blurt out... that too his own faults and not pointing out anybody for any reason... is a true mystery to be unveiled. WHY? Any answers for the?
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Hi Sahil,
You brought the truth from darkness into the light. I hope that other Satyamites, along with other human beings, will also understand Mr. Raju's plan to save the company and its people for years to come.
I appreciate your thoughts and wish all the Satyamites to stand by the name "SATYAM" and bring back the company as it was.
Regards,
Kalyani
HR Executive
From United States, Marina Del Rey
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You brought the truth from darkness into the light. I hope that other Satyamites, along with other human beings, will also understand Mr. Raju's plan to save the company and its people for years to come.
I appreciate your thoughts and wish all the Satyamites to stand by the name "SATYAM" and bring back the company as it was.
Regards,
Kalyani
HR Executive
From United States, Marina Del Rey
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I really Appreciate you for changing my bad view on Mr.Ramalinga Raju. All the best to Satyam Employees. You proved urself as a Satyam Employee
From India, Madras
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From India, Madras
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Very truly said saHIL, THIS IS THE TIME FOR THE ENTIRE SATYAM TEAM TO STAY UNITED AND COME OUT OF THIS MESS.THE REAL MEANING OF TEAM HAS TO COME UP.
From India, New Delhi
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From India, New Delhi
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Hi Sahil,
The honesty and sense of gratitude that your post on Satyam holds is just so touching, and I am glad you really voiced this out. It must be an eye-opener for many people not only working in Satyam but with every single organization to realize how much their lives have changed, bettered, and grown due to their employment.
Regards,
Pallavi
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The honesty and sense of gratitude that your post on Satyam holds is just so touching, and I am glad you really voiced this out. It must be an eye-opener for many people not only working in Satyam but with every single organization to realize how much their lives have changed, bettered, and grown due to their employment.
Regards,
Pallavi
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An eye-opener mail.
I appreciate Sahil for this email. I believe if companies have even one employee like Sahil, it will make a huge difference. Unfortunately, we live in a world where your 100 good deeds will be forgotten, but your one mistake will be remembered forever. It's time for the Satyam employees to stand united for the company that remembered them in their bad times.
From India, Bangalore
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I appreciate Sahil for this email. I believe if companies have even one employee like Sahil, it will make a huge difference. Unfortunately, we live in a world where your 100 good deeds will be forgotten, but your one mistake will be remembered forever. It's time for the Satyam employees to stand united for the company that remembered them in their bad times.
From India, Bangalore
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This shows his integrity towards his company, which is the need of the hour. I hope all those employees (bad) should read this and take a cue from him. Keep up the good work!!
Wish you and all Satyamites the very best and God bless.
Sandeep Katrekar
From India, Pune
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Wish you and all Satyamites the very best and God bless.
Sandeep Katrekar
From India, Pune
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Great story, guys. Anyway, we have an excellent opportunity for IT professionals in Hyderabad, India. The job location is Riyadh, KSA. One of the reputed MNCs based in Riyadh is looking for experienced, qualified computer professionals in the following positions:
1. Cisco Security Specialist with a minimum of 5 years of experience in antivirus security, policies, procedures, backup, McAfee, and encryptions.
2. Oracle Database Administrator with a minimum of 5 years of experience.
3. Microsoft MCSE Administrator with a minimum of 5 years of experience.
4. Cisco Network Engineer with a minimum of 5 years of experience and CCNP.
5. FileNet Developer.
6. FileNet Administrator.
Shortlisted candidates will be interviewed in early February 2009 in Hyderabad, India. Please send us your relevant CVs to
. Note: Only experienced and qualified candidates will be shortlisted. Please don't waste time sending irrelevant CVs; they will be discarded.
Thank you,
From India, Hyderabad
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1. Cisco Security Specialist with a minimum of 5 years of experience in antivirus security, policies, procedures, backup, McAfee, and encryptions.
2. Oracle Database Administrator with a minimum of 5 years of experience.
3. Microsoft MCSE Administrator with a minimum of 5 years of experience.
4. Cisco Network Engineer with a minimum of 5 years of experience and CCNP.
5. FileNet Developer.
6. FileNet Administrator.
Shortlisted candidates will be interviewed in early February 2009 in Hyderabad, India. Please send us your relevant CVs to
Thank you,
From India, Hyderabad
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Amazing How employees support the leader, this is one of the rare incident in expressing feelings of the employees. sagar
From India, Delhi
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From India, Delhi
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These are testing times for Satyam employees, and certainly, their dedication and loyalty will get Satyam out of the pit, and the flag of Satyam will fly high again in a very short time.
Good and bad times come and go, but the truly spirited persons always find ways to attain greater heights.
Best wishes!!!
From India, Pune
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Good and bad times come and go, but the truly spirited persons always find ways to attain greater heights.
Best wishes!!!
From India, Pune
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Hi, I am highly influenced by this email from a Satyam employee who accepted that they were also a cause of Satyam's current situation. It made me highly loyal towards my organization, which pays us. Because of that pay, we are able to make our lives as we want.
Thank you.
From India, Delhi
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Thank you.
From India, Delhi
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Hi all,
I see a mixed feeling among the employees, investors, and the public. Some say he has betrayed; some loyalists say he needs help. How could this situation suddenly happen without the knowledge of the finance position disclosed in the Annual General Body Meeting? As per the news reports, all cash balances are believed to be in suspense or in loop transfer within the holding.
See the turmoils and effects of consequences advised by the modern MBAs who had fudged it. For discussion's sake, say, if the government has to pump at least Rs. 2000 crore, then it is a good signal that companies that are going to fall to hell will also get help. Why should the government help for the wrong diagnosis of the company head? It has to confiscate and attach the properties at the earliest to fill up the lacuna.
We see on TV that due to illicit arrack selling, people die and go blind. If the government gives compensation to the victims, it endorses the selling of illicit liquor. Why should the government take this extra burden in the already dull economy? The Finance/PM has to allot at least Rs. 50,000 crore in anticipation of a bailout. The worst thing is that all the 53K employees were kept in the dark and given a rosy picture. So it will be apt to bring in a fresh ceiling on company investment, transfer of funds to holding companies, restriction on recruitment, etc.; all these may look awkward now. Similar to the Cash Reserve Ratio (CRR) for every bank with the RBI, the Finance Ministry should also impose a sizable deposit on major software companies to adjust at the time of catastrophe.
Now there is no room for loyalty or emotional imbalance. As a result of Satyam's act, major ill effects can be witnessed in another 2-3 months when clients would forcibly withdraw the projects or shelve them with other competitors as well.
Our people are solely responsible for the boost in IT growth and downfall. Hope the economy will see a new turn with salary packages among the IT software companies to take a backseat. This is the tip of the iceberg. I leave the debates and comments to you.
Regards, Chandru
From India, Madras
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I see a mixed feeling among the employees, investors, and the public. Some say he has betrayed; some loyalists say he needs help. How could this situation suddenly happen without the knowledge of the finance position disclosed in the Annual General Body Meeting? As per the news reports, all cash balances are believed to be in suspense or in loop transfer within the holding.
See the turmoils and effects of consequences advised by the modern MBAs who had fudged it. For discussion's sake, say, if the government has to pump at least Rs. 2000 crore, then it is a good signal that companies that are going to fall to hell will also get help. Why should the government help for the wrong diagnosis of the company head? It has to confiscate and attach the properties at the earliest to fill up the lacuna.
We see on TV that due to illicit arrack selling, people die and go blind. If the government gives compensation to the victims, it endorses the selling of illicit liquor. Why should the government take this extra burden in the already dull economy? The Finance/PM has to allot at least Rs. 50,000 crore in anticipation of a bailout. The worst thing is that all the 53K employees were kept in the dark and given a rosy picture. So it will be apt to bring in a fresh ceiling on company investment, transfer of funds to holding companies, restriction on recruitment, etc.; all these may look awkward now. Similar to the Cash Reserve Ratio (CRR) for every bank with the RBI, the Finance Ministry should also impose a sizable deposit on major software companies to adjust at the time of catastrophe.
Now there is no room for loyalty or emotional imbalance. As a result of Satyam's act, major ill effects can be witnessed in another 2-3 months when clients would forcibly withdraw the projects or shelve them with other competitors as well.
Our people are solely responsible for the boost in IT growth and downfall. Hope the economy will see a new turn with salary packages among the IT software companies to take a backseat. This is the tip of the iceberg. I leave the debates and comments to you.
Regards, Chandru
From India, Madras
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Hey, thanks for that effort.
Well, in Satyam, and people working in it should keep patient. Whatever happened, despite it, the work must continue. Though Mr. Raju was the CEO, the work is done by all 53,000 workers, which has made Satyam the 4th largest IT major.
:icon10:
From India, Mumbai
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Well, in Satyam, and people working in it should keep patient. Whatever happened, despite it, the work must continue. Though Mr. Raju was the CEO, the work is done by all 53,000 workers, which has made Satyam the 4th largest IT major.
:icon10:
From India, Mumbai
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that’s an awesome mail, inever knew satyam has done a lot to freshers , employers.specially regarding salaries,i now understand other part of raju' as well.
From India, Hyderabad
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From India, Hyderabad
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I respect you for actually writing this email. Very few people would dare do something like this at such an hour of crisis. I bow down to you in sincere appreciation, respect, and for the courage shown. May God bless you.
Blossom
From India, Pune
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Blossom
From India, Pune
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my what a reveleation it was that mail. I have a different mindset over the issue now Parimala
From India, Khopoli
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From India, Khopoli
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Well said, the statement below. This statement has to reach each and every level of all types of organizations, especially approving authorities in government sectors and banks. Really, as an employee, I am very proud of this gentleman who raised this statement.
How can we blame just one man when each and every person was disloyal? How can we exclude auditors like PwC? How can we exclude the board of directors who have washed their hands so clean? How can we exclude banks that gave hefty loans without true verification? How can we exclude the Chief Minister of AP who allowed leniency for Raju's fellow businessman? How can we exclude managers who were never able to trace which bench employee under him had been away from the office for how long?
From India, Coimbatore
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How can we blame just one man when each and every person was disloyal? How can we exclude auditors like PwC? How can we exclude the board of directors who have washed their hands so clean? How can we exclude banks that gave hefty loans without true verification? How can we exclude the Chief Minister of AP who allowed leniency for Raju's fellow businessman? How can we exclude managers who were never able to trace which bench employee under him had been away from the office for how long?
From India, Coimbatore
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Certainly, one should appreciate Sahil's opinion. Doing business is like playing a game with challenges around the world. Mr. Raju did business as a businessman; he took a risk, but one thing he forgot is that one man cannot do anything alone if the scale is larger. There should be a need for somebody's help. He gave hope to many, but establishing is an art that also requires withstanding for a long time. As business diversifies, there is a need for a proper strategy to carve the way to reach destiny.
My opinion in the letter is, why should an employee stand behind the company? Recently, I read a message, "Love your job but not your company." Providing employment is one thing, and leading employees to their destination is another. Mr. Raju succeeded in the former but failed in the latter.
From the lesson of Satyam, everyone should learn to "love your job and also your company."
God bless Satyam and the IT industry.
Regards,
Sanjay
From India, Vijayawada
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My opinion in the letter is, why should an employee stand behind the company? Recently, I read a message, "Love your job but not your company." Providing employment is one thing, and leading employees to their destination is another. Mr. Raju succeeded in the former but failed in the latter.
From the lesson of Satyam, everyone should learn to "love your job and also your company."
God bless Satyam and the IT industry.
Regards,
Sanjay
From India, Vijayawada
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Hey Sahil,
This is really great... everyone forgets about the past and thinks about the present and future. However, I really appreciate your words and the faith that you have in your organization. Now, we came to know that Mr. Ramalinga Raju had done something to 54,000 employees.
Handoff Sahil :)
From India, Madras
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This is really great... everyone forgets about the past and thinks about the present and future. However, I really appreciate your words and the faith that you have in your organization. Now, we came to know that Mr. Ramalinga Raju had done something to 54,000 employees.
Handoff Sahil :)
From India, Madras
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What I understand from this discussion is that everybody is extremely mesmerized by the unity of Satyam employees in doing wrong deeds too. The same behavior in a government organization is looked down upon and labeled as laziness, cheating on the part of government employees. Why then should they be treated the other way?
Secondly, any wrong done to uphold the image of a company does not absolve a person of his crimes. Cheating is cheating, whatever may be the reason for doing it. No Robinhood can be found in today's world. If really they are, they should be doing a great deal of charity. Paying 57,000 employees for their time spent for the company was no charity. No one today does it for others without selfish motives.
Now if a government employee does the same deeds to uphold the image of his organization, will it be taken in good spirits?
Thirdly, since all employees do something wrong does not mean a senior person doing serious fraud is approved.
But I appreciate only one point that whatever wrong the senior management does, employees should not lose their unity and support future endeavors of the company for their benefit.
Please think over from both angles before jumping to a conclusion and labeling a person as a good person or a criminal. If this is not the case, no courts and lawyers are required.
I hope people will agree with my viewpoint.
From India, Bharat
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Secondly, any wrong done to uphold the image of a company does not absolve a person of his crimes. Cheating is cheating, whatever may be the reason for doing it. No Robinhood can be found in today's world. If really they are, they should be doing a great deal of charity. Paying 57,000 employees for their time spent for the company was no charity. No one today does it for others without selfish motives.
Now if a government employee does the same deeds to uphold the image of his organization, will it be taken in good spirits?
Thirdly, since all employees do something wrong does not mean a senior person doing serious fraud is approved.
But I appreciate only one point that whatever wrong the senior management does, employees should not lose their unity and support future endeavors of the company for their benefit.
Please think over from both angles before jumping to a conclusion and labeling a person as a good person or a criminal. If this is not the case, no courts and lawyers are required.
I hope people will agree with my viewpoint.
From India, Bharat
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I do appreciate sahil for this effort... All satyamites should join their hands together at this moment to turn around the image of their organization..proud Satyamites!!!!!!
From India, Vijayawada
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From India, Vijayawada
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Sahil's post on Satyam was too good. He, though, emphasized on Raju, but I truly feel that it is a big fault and a lenient effort of the HR staff for not properly monitoring the company's policies.
It is a shame for all the HR Managers of Satyam. I REALLY BLAME YOU ALL FOR THIS UNPROFESSIONAL APPROACH.
Sasidhar
From India, Madras
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It is a shame for all the HR Managers of Satyam. I REALLY BLAME YOU ALL FOR THIS UNPROFESSIONAL APPROACH.
Sasidhar
From India, Madras
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I support the statements made by this man & its really eye opening post to all organisation.............. we should remember that 'todays problems are the result of yesterdays wrong decisions'
From India, Bangalore
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From India, Bangalore
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The mail changed my opinion on Mr. Raju. If all the employees take a stand on bringing back the organization, they can do wonders and uphold the image of SATYAM. However, commitment and hard work are required from the employees, with the support of the new board.
Patrudu
From India, Hyderabad
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Patrudu
From India, Hyderabad
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Appreciate your post! This has changed my thinking about Raju. Satyam employees really need to support. We all are with you. May god bless....all Satyam employees as well as Raju too.
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Awesome,
If every organization gets an employee like Sahil, it can sustain every test of time. About Raju, he had tried his best, but it's very unfortunate that such a visionary can be a failure. It is rightly said that "one who is caught red-handed is a thief."
From India, Pune
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If every organization gets an employee like Sahil, it can sustain every test of time. About Raju, he had tried his best, but it's very unfortunate that such a visionary can be a failure. It is rightly said that "one who is caught red-handed is a thief."
From India, Pune
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:)good post buddy....Time to show the true spirits of Patriotism...I think Raju has rekindled courage to accept the truth....which is evident in the letter too....
From India
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From India
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Hi Sahil,
That's really very true and appreciated as the first thing is to start with ourselves and peep within to see what we did for the company. In a time like this, if all the Satyam employees think like this, it can make a change in the present situation. All the best to all Satyam employees. Go ahead.
Nitu
From India, Gurgaon
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That's really very true and appreciated as the first thing is to start with ourselves and peep within to see what we did for the company. In a time like this, if all the Satyam employees think like this, it can make a change in the present situation. All the best to all Satyam employees. Go ahead.
Nitu
From India, Gurgaon
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amazing mail... its worth reading n one should introspect before pointing fingers to others
From India, Nasik
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From India, Nasik
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Dear Sahil,
I really appreciate you for this email. If Satyamites should join their hands together, they can change the situation which is going on right now. With this, they can make Andhra very proud.
Regards,
Vijaya
From India, Delhi
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I really appreciate you for this email. If Satyamites should join their hands together, they can change the situation which is going on right now. With this, they can make Andhra very proud.
Regards,
Vijaya
From India, Delhi
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Dear Shail,
Thanks for showing the reality of the other side. Really, we need to look at the other aspects too. 57k jobs for 57,000 Indians is not a small deed. We should salute the courage of Raju R. for accepting the mistakes.
Prachee
From India, Morvi
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Thanks for showing the reality of the other side. Really, we need to look at the other aspects too. 57k jobs for 57,000 Indians is not a small deed. We should salute the courage of Raju R. for accepting the mistakes.
Prachee
From India, Morvi
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hi sahil, good effort.. yes, the satyamite is bold enough to tell his views.. lets hope for the best to happen to all satyamites n its chairman too. regards Sudha:)
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Bravo sahil! you really spoked the naked truth and that is fantastic ! but ultimately people will not understand this ,they only need the outercover to be neat &clean
From India, Bhubaneswar
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From India, Bhubaneswar
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Hi,
This post provides real insight into Satyam and the man, Mr. Raju. I think you know he could have absconded somewhere, taking all the money. Instead, he accepts his mistake and chooses to stay. As everyone has said, all the Satyam employees should come together and pull the company out of this problem. I hope the people who didn't do their work honestly read this post and start introspecting.
Good day!
From India, Pune
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This post provides real insight into Satyam and the man, Mr. Raju. I think you know he could have absconded somewhere, taking all the money. Instead, he accepts his mistake and chooses to stay. As everyone has said, all the Satyam employees should come together and pull the company out of this problem. I hope the people who didn't do their work honestly read this post and start introspecting.
Good day!
From India, Pune
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Hi Sahil,
I also feel the same. Mr. Raju has done all the positive things to save a big ship like Satyam. I feel a captain of the Titanic ship can't save in the same way; he can't save the things. But in the last 10 years, how much has he done to save all people's lives, salaries, and jobs? This will be the worst thing for upcoming entrepreneurs who may not be able to take risks like Reliance or Satyam to flourish their businesses.
Mr. Raju should not be treated like a big criminal. He is a knowledgeable professional.
Regards, Gaurav
From India, Delhi
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I also feel the same. Mr. Raju has done all the positive things to save a big ship like Satyam. I feel a captain of the Titanic ship can't save in the same way; he can't save the things. But in the last 10 years, how much has he done to save all people's lives, salaries, and jobs? This will be the worst thing for upcoming entrepreneurs who may not be able to take risks like Reliance or Satyam to flourish their businesses.
Mr. Raju should not be treated like a big criminal. He is a knowledgeable professional.
Regards, Gaurav
From India, Delhi
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Dear Sahil,
I appreciate your loyalty to the organization. However, what about the innocent investors in the company? Even middle-class people have invested their hard-earned money in buying shares, etc. Donated 12000 crores from his personal pocket - from where did he get so much money? When he had so much money, he could have invested it in Satyam instead of showing losses.
Throughout the world, people have a very bad impression of India, especially Andhra Pradesh. Even other companies will also suffer. They have committed forgery (auditors' signatures), showing all assets as duplicate. So much has happened without his notice.
He is so smart that he confessed the truth to the whole world because there is no other way, as he has branches all over the world.
Regards,
Bhanu
From India, Hyderabad
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I appreciate your loyalty to the organization. However, what about the innocent investors in the company? Even middle-class people have invested their hard-earned money in buying shares, etc. Donated 12000 crores from his personal pocket - from where did he get so much money? When he had so much money, he could have invested it in Satyam instead of showing losses.
Throughout the world, people have a very bad impression of India, especially Andhra Pradesh. Even other companies will also suffer. They have committed forgery (auditors' signatures), showing all assets as duplicate. So much has happened without his notice.
He is so smart that he confessed the truth to the whole world because there is no other way, as he has branches all over the world.
Regards,
Bhanu
From India, Hyderabad
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Dear Sahil,
I salute your loyalty and love for your employer. But can I ask something? Who asked Mr. Raju to be so careless towards his employees and to have such weak HR policies? If he would have been as sharp as you said, he would have taken a lesson from rival companies. He gave employment to average students and gave them ample opportunities to be disloyal. He was too busy faking his stockholders and therefore was not able to put the internal systems right. At the expense of stockholders, he bred useless employees (as per your explanation).
Is it necessary to participate in the rat race?
From India, Mumbai
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I salute your loyalty and love for your employer. But can I ask something? Who asked Mr. Raju to be so careless towards his employees and to have such weak HR policies? If he would have been as sharp as you said, he would have taken a lesson from rival companies. He gave employment to average students and gave them ample opportunities to be disloyal. He was too busy faking his stockholders and therefore was not able to put the internal systems right. At the expense of stockholders, he bred useless employees (as per your explanation).
Is it necessary to participate in the rat race?
From India, Mumbai
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Hi,
Satyam's loss is a significant blow to the Indian industry. Still, after reading this email, I am bound to think about why Indian people suffer. This country is not only full of wrong people but also a large number of people who support them. After reading this email, I would like to comment on it. It may be terse but true.
1) Jobs for 50,000 - You do not give birth to a child to kill them once they grow up. Moreover, it was a requirement for their second-grade work, as they took in backlog students.
2) Numerous training centers for numerous love stories. He did not open a center with this purpose, so he should not get the credit for the so-called love stories.
3) Hiring non-potential candidates to manipulate accounts, pay less, and show more.
4) Putting unlimited fake medical and house rental bills - "yatha raja yatha praja."
5) How can we blame just one man when each and every person was disloyal? No one is blaming just one person, but of course, the captain of the ship is always in the limelight.
6) This is the same man whose ideas and potentials - how to swindle money; that was the idea from the beginning. Search for Satyam Spinning Mills.
7) The most gruesome experience - agreed.
I am not saying that all Satyam employees are bad. No one said this; poor people did not know anything until Mr. Raju sent his resignation.
What Raju did was to keep the business of Satyam going at any cost - sorry, not Satyam, but to keep Maytas business. He transferred money from Satyam, actually.
My last salute to this man - salute to these people only making our country corrupt and worse.
I read that he donated Rs. 12,000 crores from his personal pocket - first of all, it's a big lie, but assuming it's true, how did he get this Rs. 12,000 in his personal pocket? Last but not least, distributing some money from robbery does not make you a saint. Sorry, guys, I may have hurt some of you.
Reply in sequence.
From India, Bangalore
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Satyam's loss is a significant blow to the Indian industry. Still, after reading this email, I am bound to think about why Indian people suffer. This country is not only full of wrong people but also a large number of people who support them. After reading this email, I would like to comment on it. It may be terse but true.
1) Jobs for 50,000 - You do not give birth to a child to kill them once they grow up. Moreover, it was a requirement for their second-grade work, as they took in backlog students.
2) Numerous training centers for numerous love stories. He did not open a center with this purpose, so he should not get the credit for the so-called love stories.
3) Hiring non-potential candidates to manipulate accounts, pay less, and show more.
4) Putting unlimited fake medical and house rental bills - "yatha raja yatha praja."
5) How can we blame just one man when each and every person was disloyal? No one is blaming just one person, but of course, the captain of the ship is always in the limelight.
6) This is the same man whose ideas and potentials - how to swindle money; that was the idea from the beginning. Search for Satyam Spinning Mills.
7) The most gruesome experience - agreed.
I am not saying that all Satyam employees are bad. No one said this; poor people did not know anything until Mr. Raju sent his resignation.
What Raju did was to keep the business of Satyam going at any cost - sorry, not Satyam, but to keep Maytas business. He transferred money from Satyam, actually.
My last salute to this man - salute to these people only making our country corrupt and worse.
I read that he donated Rs. 12,000 crores from his personal pocket - first of all, it's a big lie, but assuming it's true, how did he get this Rs. 12,000 in his personal pocket? Last but not least, distributing some money from robbery does not make you a saint. Sorry, guys, I may have hurt some of you.
Reply in sequence.
From India, Bangalore
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As a Manager of HR, I am proud of an employee like Sahil and wish to have such a brave and loyal man as an employee in every organization, at least 10% in all. From this letter, every HR professional can take precautionary measures regarding issues where a break in office discipline is possible, as mentioned.
However, I appreciate Sahil's mentality and wish that all these bad incidents had been reported on time before the case of Mr. Ramalingaraju.
Regards,
Supti
From India, Lucknow
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However, I appreciate Sahil's mentality and wish that all these bad incidents had been reported on time before the case of Mr. Ramalingaraju.
Regards,
Supti
From India, Lucknow
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Satyam's loss is a significant blow to the Indian industry. Still, after reading this email, I am bound to think about why Indian people suffer. This country is not only full of wrong people but also a large number of people who support them.
After reading this email, I would like to comment on it. It may be terse but true.
Reply in sequence:
1) Jobs for 50,000 - You don't give birth to a child to kill once he grows up. Moreover, it was a requirement for their second-grade work; they took them as backlog students.
2) Numerous training centers for numerous love stories. He did not open a center with this point, so he should not get the credit for the so-called LOVE STORIES.
3) Hiring non-potential candidates - To manipulate accounts, pay less, and show more.
4) Put unlimited fake medical and house rental bills - Yatha raja yatha praja.
5) How can we blame just one man when EACH AND EVERY person was disloyal? No one is blaming one person, but of course, the captain of the ship is always in the limelight.
6) This is the same man whose ideas and potentials - how to swindle money that was the idea from the beginning. Search for Satyam Spinning Mills.
7) The most gruesome experience - agreed. :cool:
I am not saying that ALL Satyam employees are bad - no one said this. Poor people did not know anything until Mr. Raju sent his resignation.
What Raju did was to keep the business of Satyam going at any cost - Sorry, dear, not Satyam but to keep Maytas business. He transferred money from Satyam, actually.
My last salute to this man - salute to these people only making our country corrupt and worst.
I read he donated Rs 12,000 crores from his personal pocket - First of all, it's a big lie, but assuming it's true, how did he get this Rs 12,000 in his personal pocket? Last but not least, distributing some money from robbery does not make you a saint. Sorry, guys, I may have hurt some of you.
From India, Bangalore
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After reading this email, I would like to comment on it. It may be terse but true.
Reply in sequence:
1) Jobs for 50,000 - You don't give birth to a child to kill once he grows up. Moreover, it was a requirement for their second-grade work; they took them as backlog students.
2) Numerous training centers for numerous love stories. He did not open a center with this point, so he should not get the credit for the so-called LOVE STORIES.
3) Hiring non-potential candidates - To manipulate accounts, pay less, and show more.
4) Put unlimited fake medical and house rental bills - Yatha raja yatha praja.
5) How can we blame just one man when EACH AND EVERY person was disloyal? No one is blaming one person, but of course, the captain of the ship is always in the limelight.
6) This is the same man whose ideas and potentials - how to swindle money that was the idea from the beginning. Search for Satyam Spinning Mills.
7) The most gruesome experience - agreed. :cool:
I am not saying that ALL Satyam employees are bad - no one said this. Poor people did not know anything until Mr. Raju sent his resignation.
What Raju did was to keep the business of Satyam going at any cost - Sorry, dear, not Satyam but to keep Maytas business. He transferred money from Satyam, actually.
My last salute to this man - salute to these people only making our country corrupt and worst.
I read he donated Rs 12,000 crores from his personal pocket - First of all, it's a big lie, but assuming it's true, how did he get this Rs 12,000 in his personal pocket? Last but not least, distributing some money from robbery does not make you a saint. Sorry, guys, I may have hurt some of you.
From India, Bangalore
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Sahil,
Well done, my dear. Mr. Raju, the man of respect. We are just orally thinking about him; you proved that words have power. Such a great personality. Satyamites must do something to support Mr. Raju, as well as Satyam org.
Sona Seeram HR Executive
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Well done, my dear. Mr. Raju, the man of respect. We are just orally thinking about him; you proved that words have power. Such a great personality. Satyamites must do something to support Mr. Raju, as well as Satyam org.
Sona Seeram HR Executive
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This employee disgruntlement comes because of what has happened to Satyam. Anyway, always see the larger picture which surfaced by the Satyam episode.
Advantages:
1. Corporate governance will be implemented with due diligence.
2. Vigilance for all sectors with SOP, system, procedures will be strictly followed.
3. This is a wake-up call for HR policies makers and management.
4. Employee's morale responsibility or employee's introspection will happen.
Disadvantages:
1. Indian corporate image was damaged by this.
2. Investors lost their faith in good companies also.
Its written by a Satyam employee:
At a time when almost 90% of my Satyam friends are cribbing about the fraud and betrayal by Ramalinga Raju, I have a slightly different opinion. It's bold of me to write this in black and white but this comes straight from my heart and experience.
Let me start by quoting an example of 2006. Most of my friends were unemployed with 50-60% plus marks in BTech, with a degree from an average University and hunting madly for a job. Whether people accept it today or not but the truth remains that Satyam was the ONLY savior and the only mass recruiter who was ready to accept students who had backlogs but had cleared them and also it did not put a very strict minimum marks criterion. And this was true not only for my small college at Lucknow but also those across India. Satyam is the fourth largest in IT in India. Looking at India's population I really want to thank Raju for giving some 54,000 Indians jobs at least for all these years. He was the reason for the revival of confidence and the reason for the bread and butter for many families.
Satyam training was renowned all over India. Their STC training center created numerous love stories and unexpected rekindling of a youthful environment where girls and boys were more independent than their college days. I remember most of my Satyam friends felt that they made better friends at Satyam's three to six months training than those in the four years of BTech.
Unfortunately, people forget to thank God in sad times. I understand that what Raju did is deplorable and unpardonable. He should have treated business more formally and not dealt with it like a family affair. He should have been strict a couple of months or years before itself. Why did he hire so many non-potential candidates and keep them on the bench? When were the managers and the teammates last told that if they don't work hard, they will lose their job? Business cannot be run loosely.
I have been staying with some 200 odd girls for the last 2 years and many of them are from Satyam. Moreover, I network a lot and I have lots of male friends at Satyam. I have seen how people tailgate to Satyam, how they give their swipe cards to others to swipe it on their behalf, how female employees have gone home sharp at 6 am irrespective of when they landed at the office, how employees sit at home for months at a stretch, prepare for all kinds of postgraduate entrance exams and still enjoy a full month's pay, how often they went for movies at local theaters at office hours, how often employees went to the office just to sign on registers in the morning and at evening, how often they faked their certificates, how often they put unlimited fake medical and house rental bills.
How can we blame just one man when EACH AND EVERY person was disloyal? How can we exclude Auditors like PwC? How can we exclude the Board of Directors who have washed their hands off so clean? How can we exclude banks who gave hefty loans without true verification? How can we exclude the Chief Minister of AP who allowed leniency for Raju's fellow businessman? How can we exclude managers who were never able to trace which bench employee under him had been away from the office for how long?
Yet how can people forget this is the same man whose ideas and potentials gave them an identity for the past several years? How many couples found the right match at an IT industry, courtesy Satyam, and how many Andhra farmers benefited from their crores of investments in Satyam shares. How can people forget that Satyam launched its offices right at the doorsteps of a residential colony, where people can simply walk to work?
The most gruesome experience that I can recollect was when a Satyam tag-wearing person was waiting to attend an interview and I overheard him saying that he was in a business meeting at the My Home Satyam (Madhapur) office when he was sitting right in front of me at a totally different company. When employees themselves show such a lousy attitude and don't care a damn for the brand that they carry around their neck, how can they expect others to care?
I am not saying that ALL Satyam employees are bad. I have known very dedicated people too, but my point is very clear, before pointing fingers at others, introspect. There are thousands of people who have completed certifications at the cost of Satyam, got trained at Satyam. Satyam made several freshers stand on their feet to get better jobs elsewhere across the globe and attain onsite exposure through Satyam.
What Raju did was to keep the business of Satyam going at any cost. I see a very smart man in him when he understood that he should rather accept his mistake than be caught by the USA laws. I see a selfish father in him too that he put a lot at stake for Maytas. However, he resigned with a lot of dignity and his letter of resignation shows humility. It takes a mammoth amount of courage to accept your mistake in public at a time when the media is ready to blow everything out of proportion. If humans don't make mistakes, who else would?
My last salute to this man is for creating such mass employment in India for 57k employees and 57k families when even opening a beetle(pan) shop in a lane in India is a challenge! Thanks to him for creating income for all the thousands of families who benefited through food chains, the tiffin wallahs, the transport people, and all those who made money by renting their houses.
I read he donated Rs 12,000 crores from his personal pocket to give the January salary of his Satyam employees. Today Satyamites call Raju a FRAUD. The true and loyal Satyamites surely have all the reasons to say this word. But all the rest who sucked every rupee out of Satyam without doing any value addition need to understand - who was a bigger fraud.
From India, Aurangabad
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Advantages:
1. Corporate governance will be implemented with due diligence.
2. Vigilance for all sectors with SOP, system, procedures will be strictly followed.
3. This is a wake-up call for HR policies makers and management.
4. Employee's morale responsibility or employee's introspection will happen.
Disadvantages:
1. Indian corporate image was damaged by this.
2. Investors lost their faith in good companies also.
Its written by a Satyam employee:
At a time when almost 90% of my Satyam friends are cribbing about the fraud and betrayal by Ramalinga Raju, I have a slightly different opinion. It's bold of me to write this in black and white but this comes straight from my heart and experience.
Let me start by quoting an example of 2006. Most of my friends were unemployed with 50-60% plus marks in BTech, with a degree from an average University and hunting madly for a job. Whether people accept it today or not but the truth remains that Satyam was the ONLY savior and the only mass recruiter who was ready to accept students who had backlogs but had cleared them and also it did not put a very strict minimum marks criterion. And this was true not only for my small college at Lucknow but also those across India. Satyam is the fourth largest in IT in India. Looking at India's population I really want to thank Raju for giving some 54,000 Indians jobs at least for all these years. He was the reason for the revival of confidence and the reason for the bread and butter for many families.
Satyam training was renowned all over India. Their STC training center created numerous love stories and unexpected rekindling of a youthful environment where girls and boys were more independent than their college days. I remember most of my Satyam friends felt that they made better friends at Satyam's three to six months training than those in the four years of BTech.
Unfortunately, people forget to thank God in sad times. I understand that what Raju did is deplorable and unpardonable. He should have treated business more formally and not dealt with it like a family affair. He should have been strict a couple of months or years before itself. Why did he hire so many non-potential candidates and keep them on the bench? When were the managers and the teammates last told that if they don't work hard, they will lose their job? Business cannot be run loosely.
I have been staying with some 200 odd girls for the last 2 years and many of them are from Satyam. Moreover, I network a lot and I have lots of male friends at Satyam. I have seen how people tailgate to Satyam, how they give their swipe cards to others to swipe it on their behalf, how female employees have gone home sharp at 6 am irrespective of when they landed at the office, how employees sit at home for months at a stretch, prepare for all kinds of postgraduate entrance exams and still enjoy a full month's pay, how often they went for movies at local theaters at office hours, how often employees went to the office just to sign on registers in the morning and at evening, how often they faked their certificates, how often they put unlimited fake medical and house rental bills.
How can we blame just one man when EACH AND EVERY person was disloyal? How can we exclude Auditors like PwC? How can we exclude the Board of Directors who have washed their hands off so clean? How can we exclude banks who gave hefty loans without true verification? How can we exclude the Chief Minister of AP who allowed leniency for Raju's fellow businessman? How can we exclude managers who were never able to trace which bench employee under him had been away from the office for how long?
Yet how can people forget this is the same man whose ideas and potentials gave them an identity for the past several years? How many couples found the right match at an IT industry, courtesy Satyam, and how many Andhra farmers benefited from their crores of investments in Satyam shares. How can people forget that Satyam launched its offices right at the doorsteps of a residential colony, where people can simply walk to work?
The most gruesome experience that I can recollect was when a Satyam tag-wearing person was waiting to attend an interview and I overheard him saying that he was in a business meeting at the My Home Satyam (Madhapur) office when he was sitting right in front of me at a totally different company. When employees themselves show such a lousy attitude and don't care a damn for the brand that they carry around their neck, how can they expect others to care?
I am not saying that ALL Satyam employees are bad. I have known very dedicated people too, but my point is very clear, before pointing fingers at others, introspect. There are thousands of people who have completed certifications at the cost of Satyam, got trained at Satyam. Satyam made several freshers stand on their feet to get better jobs elsewhere across the globe and attain onsite exposure through Satyam.
What Raju did was to keep the business of Satyam going at any cost. I see a very smart man in him when he understood that he should rather accept his mistake than be caught by the USA laws. I see a selfish father in him too that he put a lot at stake for Maytas. However, he resigned with a lot of dignity and his letter of resignation shows humility. It takes a mammoth amount of courage to accept your mistake in public at a time when the media is ready to blow everything out of proportion. If humans don't make mistakes, who else would?
My last salute to this man is for creating such mass employment in India for 57k employees and 57k families when even opening a beetle(pan) shop in a lane in India is a challenge! Thanks to him for creating income for all the thousands of families who benefited through food chains, the tiffin wallahs, the transport people, and all those who made money by renting their houses.
I read he donated Rs 12,000 crores from his personal pocket to give the January salary of his Satyam employees. Today Satyamites call Raju a FRAUD. The true and loyal Satyamites surely have all the reasons to say this word. But all the rest who sucked every rupee out of Satyam without doing any value addition need to understand - who was a bigger fraud.
From India, Aurangabad
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(Fact Checked)-The user's reply is accurate and provides a well-rounded perspective on the Satyam scandal and its implications for corporate governance and HR practices. (1 Acknowledge point)
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It's just great and amazing. Indeed, if employees of Satyam are of such caliber, then what else can happen? I feel employees MUST always be disciplined. It's the group of employees only who can pull out Satyam from the red. Those who have taken liberty to enjoy life on the salary of Satyam so far (WITHOUT MAKING ANY VALUE ADDITION) should at least repent and pull up their socks to help the company come out of trouble. Frankly speaking, I always advised my departmental colleagues to go into retrospect and see whether they have fully given their best to the company for the salary they earned at the end of the day. If our mind feels ashamed for NOT doing justice to the salary received, one should NOT remain in employment. THE ONLY CONSIDERATION OF EMPLOYMENT IS 'PERFORMANCE'; AND NOTHING ELSE.
Vishwas Bhide
From India, Pune
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Vishwas Bhide
From India, Pune
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Yes, behind every crisis and every gain, there is a crime. Mr. Raju used only one face of the father of the company, but he never used the face of the master who can love as well as teach. It's very sad to hear the news; we Indians are very emotional and think likewise. From my point of view, running the institution well requires dedication from a single person and sympathy from others. If I have to judge, I would give Raju a chance to reestablish Satyam, and I suggest all the employees work hard for no pay from today for one year. I know they can do it; they can also seek the support of unions in Satyam. I feel helpless regarding this, so what about Mr. Raju? You cannot imagine...
From India, Nanded
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From India, Nanded
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Dear Sahil,
Satyam employees should join Sahil. Satyam has provided livelihood for hundreds of people - rich or poor, big or small, for the last decade or more, irrespective of caste and creed. Satyam supported you when you were in need, and now your affiliation with Satyam is crucial, whether as an employee or employer.
Good job, Sahil. All the best to all the Satyamites.
Thanks and Regards,
Shirish
From India, Hyderabad
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Satyam employees should join Sahil. Satyam has provided livelihood for hundreds of people - rich or poor, big or small, for the last decade or more, irrespective of caste and creed. Satyam supported you when you were in need, and now your affiliation with Satyam is crucial, whether as an employee or employer.
Good job, Sahil. All the best to all the Satyamites.
Thanks and Regards,
Shirish
From India, Hyderabad
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Great posting.....really aftr reading this ones attitude towards Mr. Rajalingam Raju will definitely change and also may change his behaviour towards his own company
From India, Mumbai
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From India, Mumbai
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Sahil...tussi great ho...really it’s amazing mail... everybody is required to give their support to satyam employees & its maangement.. we are with them...always...
From India, Pune
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From India, Pune
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that is good...!!! may b the employees of Satyam shud come forward & somethg good for this crisis
From India, New Delhi
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From India, New Delhi
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Really great Sahil, it takes great courage when everyone is against Mr. Raju. Only a handful of people have to say something positive about him. We cannot solely put the blame on him; we are equally responsible for this act.
Thanks,
Yamu
From India, Pune
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Thanks,
Yamu
From India, Pune
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The actual number of employees working for Satyam could be much lower than the 53,000 that Satyam has maintained so far, almost by as much as 15-20%, said a person familiar with the investigations.
---
Here is the corrected text with proper spelling, grammar, and paragraph formatting:
The actual number of employees working for Satyam could be much lower than the 53,000 that Satyam has maintained so far, almost by as much as 15-20%, said a person familiar with the investigations.
From India, Bangalore
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---
Here is the corrected text with proper spelling, grammar, and paragraph formatting:
The actual number of employees working for Satyam could be much lower than the 53,000 that Satyam has maintained so far, almost by as much as 15-20%, said a person familiar with the investigations.
From India, Bangalore
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(Fact Checked)-The user's reply about the potential inflation of employee count at Satyam is correct based on investigations. No amendments needed. (1 Acknowledge point)
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I abandoned this effort of saving Raju's image. Just because every employee is disloyal does not take away the severity of the crime he has done. He has caused much bigger damage to India's image in front of the entire world. One who betrays the trust of the nation is worthy of hatred, not sympathy. If he had truly intended to provide training and employment, he could have opened the biggest training institute. He has not done any favors for the 57K of India. He has tarnished their image forever and ruined their careers. Every company will now view X-Satyam with suspicion.
I don't even believe what he has confessed. First of all, he confessed because he had no other option and could not sustain the fraud, not because his conscience pricked him. If he were truly honest, he would have corrected his actions after the first instance of fraud. So, there's no question about courage. Secondly, there is no proof that he showed false assets. He might have actually misappropriated the money and is now trying to cover it up to lessen the impact and gain sympathy. If he paid the salaries from his own pocket, it's not a big deal. It's a much lesser price for what he has done.
If the employees of Satyam were also disloyal, then it's time for them to face the consequences of their bad karma. They exploited the trust and are now facing the repercussions. It's the destiny of all the disloyal and dishonest people.
I am ashamed that today's Indian youth are appreciating the effort to save Raju's image. What message are you sending to the world?
From India, Mumbai
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I don't even believe what he has confessed. First of all, he confessed because he had no other option and could not sustain the fraud, not because his conscience pricked him. If he were truly honest, he would have corrected his actions after the first instance of fraud. So, there's no question about courage. Secondly, there is no proof that he showed false assets. He might have actually misappropriated the money and is now trying to cover it up to lessen the impact and gain sympathy. If he paid the salaries from his own pocket, it's not a big deal. It's a much lesser price for what he has done.
If the employees of Satyam were also disloyal, then it's time for them to face the consequences of their bad karma. They exploited the trust and are now facing the repercussions. It's the destiny of all the disloyal and dishonest people.
I am ashamed that today's Indian youth are appreciating the effort to save Raju's image. What message are you sending to the world?
From India, Mumbai
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I wonder how many of you would remember that a few months ago several employees were terminated when it was found that their travel bills were cooked. How could a company that detested discrepancies of a few thousand rupees not detect several thousands of crores missing from the system? To me, more than a failure of corporate governance, it's a lack of ethics in the organization, and this ethics can only start from the top. Raju was an unethical leader. His past record is also tainted.
Raju does not deserve any sympathy; he has betrayed the trust of several thousand people, all the stakeholders, the shareholders, employees, suppliers, vendors, the community, and the government.
I also feel that the government or the banks should bail the company out. The best that can happen is that someone buys out based on the actual valuation. All assets of sister companies should be seized and used to settle debts.
It's also possible that Raju could have stashed away a sizable amount overseas in benami names for the future use of himself and his family. Here also, the government should probe and take action, making sure that he does not access any slush funds. The first step is to seize all the passports of the family and the senior management team. Where is Ram Mynapati? He does not seem like a straight guy.
A word of advice to the Satyam employees and also to all aspiring software engineers: THERE IS A WORLD OF OPPORTUNITY OUT THERE. There are other careers in sales, production, media, education, etc.
I would also like to add that there are several Satyams waiting to happen. Is your company inflating stock? Is your company booking sales that are not going to happen? If yes, your company has all the chances of going the Satyam way.
My heart goes out to all the Satyam employees; most of you would not have dreamt of this situation when you were recruited on campus or joined at other levels. Good luck to all of you. You are fortunate to be in India where there are so many other opportunities and also a support system like family and friends to fall back on.
Once again, chin up and face the world. Leave Raju to his true fate.
From India, Bangalore
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Raju does not deserve any sympathy; he has betrayed the trust of several thousand people, all the stakeholders, the shareholders, employees, suppliers, vendors, the community, and the government.
I also feel that the government or the banks should bail the company out. The best that can happen is that someone buys out based on the actual valuation. All assets of sister companies should be seized and used to settle debts.
It's also possible that Raju could have stashed away a sizable amount overseas in benami names for the future use of himself and his family. Here also, the government should probe and take action, making sure that he does not access any slush funds. The first step is to seize all the passports of the family and the senior management team. Where is Ram Mynapati? He does not seem like a straight guy.
A word of advice to the Satyam employees and also to all aspiring software engineers: THERE IS A WORLD OF OPPORTUNITY OUT THERE. There are other careers in sales, production, media, education, etc.
I would also like to add that there are several Satyams waiting to happen. Is your company inflating stock? Is your company booking sales that are not going to happen? If yes, your company has all the chances of going the Satyam way.
My heart goes out to all the Satyam employees; most of you would not have dreamt of this situation when you were recruited on campus or joined at other levels. Good luck to all of you. You are fortunate to be in India where there are so many other opportunities and also a support system like family and friends to fall back on.
Once again, chin up and face the world. Leave Raju to his true fate.
From India, Bangalore
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I am amazed to see such an email live in front of my eyes. God. The harsh truth but significant. It's not like, "I think like..." or "what the people should do..."
But, as rightly said by Shiv Khera, "If you are not a part of the solution, then you are the problem." At last, the media and the marketing, and the craps (Humans). I too salute Mr. Ramalinga Raju. Unfortunately, the clock of secrecy was shed. Alas!!! for Mr. Raju. Rightly said, "All salute the rising sun," and... on the contrary. Mr. Raju, once again you will rise, you have to rise. SATYAM, S A T Y A M...
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But, as rightly said by Shiv Khera, "If you are not a part of the solution, then you are the problem." At last, the media and the marketing, and the craps (Humans). I too salute Mr. Ramalinga Raju. Unfortunately, the clock of secrecy was shed. Alas!!! for Mr. Raju. Rightly said, "All salute the rising sun," and... on the contrary. Mr. Raju, once again you will rise, you have to rise. SATYAM, S A T Y A M...
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Hi Sahil,
Really, it's a great job you have done. I truly believe the same, and I stand by all your points. Keep it up; it shows your positive attitude and humanity. Your knowledge is truly impressive; it's a great work you can publish in a newspaper and give wide publicity. Let all the so-called non-frauds read it and decide? It's a good job. 😛😛😛😃🤔
From India, Bangalore
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Really, it's a great job you have done. I truly believe the same, and I stand by all your points. Keep it up; it shows your positive attitude and humanity. Your knowledge is truly impressive; it's a great work you can publish in a newspaper and give wide publicity. Let all the so-called non-frauds read it and decide? It's a good job. 😛😛😛😃🤔
From India, Bangalore
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You are a sincere,dedicated and loyal employee. G8....... Company will come up very soon....wish Mr Raju’s positive side should also be spread across.........Good luck regards, priya
From India, Madras
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From India, Madras
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Sahil, you are absolutely right. Satyam employees need to support the organization at this time. Raju has done a lot for the organization and the employees, and this is the time when they should also prove their loyalty.
From India, Pune
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From India, Pune
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Hi to all those who are busy praising the article posted by Mr. Sahil,
As I have earlier also said in my post, I abandon the effort of saving Mr. Raju's image. But what is more disturbing is that today's Indian Youth, most of you, well educated, well set in your respective careers, also support this effort. We Indians are very emotional by nature; people can easily blackmail us emotionally. Soft targets to emotional appeals. Our movies, our media, ads, etc., also reflect this same thing and play upon it too. We forgive the hero of a Bollywood movie for cheating the heroine by faking his identity and status just because the bottom line is 'He truly loves her'...
But if you closely interact with the Westerners, a major big difference in the cultures is that they have the definitions of wrong and right in place; there is nothing in between. But we have a lot of grey areas. Our judiciary system also reflects that. We fail to see things in black and white.
If we wish to progress, we must change this attitude. I don't see anybody thinking in the wide interest of the nation here. Unless we, today's Indian youth, don't start relating to the nation's good, nothing will change. Stop defending Mr. Raju or anyone who has exploited the system, small or big, sin is a sin, and the sinner has to pay the price. It's people like you who unknowingly forgive and forget things that should not be. Unknowingly we carry this attitude and LET GO EVERYTHING... This Chalta hai attitude is harmful to the progress of our nation.
It is time to stand together against every wrong, small or big; else we will never be able to become a developed nation; we will always be a developing nation. Anything against the national interest should be abandoned together with a powerful voice. Don't do anything wrong and don't let others do it. Don't tolerate anything wrong or unethical. We can shape our country only if we take such tough stands against people like Raju.
Satyam was the face of India to the world's biggest and largest companies and nations. How can one defend Raju by saying that he did all this to save the company's image? Don't other companies book losses? And why didn't he have the guts to overcome those losses in the coming future by honest efforts and hard work? He hired people to create a fake identity. I would not blame the employees who are now at the mercy of other companies for their jobs and careers. Of course, those who have exploited the loose company rules deserve the punishment but not all. The higher you go up the ladder, your responsibilities also become greater. You are responsible for thousands of employees, stakeholders, shareholders. What Mr. Raju did is for temporary benefit, he played with so many lives, knowingly. I don't think it is courageous when he admitted the crime. He did not have any other way to sustain the fraud; he was completely helpless and caught in a situation. What is admitted is true or false is yet to be seen. He has a past proven record of malpractices in his previous businesses. And still, all of you are supporting and sympathizing with him? If he would have operated ethically and if the company would have suffered due to recession, then I would agree that every employee should have stood by the company and helped it gain its status. But here the case is completely different.
Please understand that nothing is greater than the nation's good. I urge you to stop supporting such things if you are really the one who wants India to see progress.
Sonal
From India, Mumbai
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As I have earlier also said in my post, I abandon the effort of saving Mr. Raju's image. But what is more disturbing is that today's Indian Youth, most of you, well educated, well set in your respective careers, also support this effort. We Indians are very emotional by nature; people can easily blackmail us emotionally. Soft targets to emotional appeals. Our movies, our media, ads, etc., also reflect this same thing and play upon it too. We forgive the hero of a Bollywood movie for cheating the heroine by faking his identity and status just because the bottom line is 'He truly loves her'...
But if you closely interact with the Westerners, a major big difference in the cultures is that they have the definitions of wrong and right in place; there is nothing in between. But we have a lot of grey areas. Our judiciary system also reflects that. We fail to see things in black and white.
If we wish to progress, we must change this attitude. I don't see anybody thinking in the wide interest of the nation here. Unless we, today's Indian youth, don't start relating to the nation's good, nothing will change. Stop defending Mr. Raju or anyone who has exploited the system, small or big, sin is a sin, and the sinner has to pay the price. It's people like you who unknowingly forgive and forget things that should not be. Unknowingly we carry this attitude and LET GO EVERYTHING... This Chalta hai attitude is harmful to the progress of our nation.
It is time to stand together against every wrong, small or big; else we will never be able to become a developed nation; we will always be a developing nation. Anything against the national interest should be abandoned together with a powerful voice. Don't do anything wrong and don't let others do it. Don't tolerate anything wrong or unethical. We can shape our country only if we take such tough stands against people like Raju.
Satyam was the face of India to the world's biggest and largest companies and nations. How can one defend Raju by saying that he did all this to save the company's image? Don't other companies book losses? And why didn't he have the guts to overcome those losses in the coming future by honest efforts and hard work? He hired people to create a fake identity. I would not blame the employees who are now at the mercy of other companies for their jobs and careers. Of course, those who have exploited the loose company rules deserve the punishment but not all. The higher you go up the ladder, your responsibilities also become greater. You are responsible for thousands of employees, stakeholders, shareholders. What Mr. Raju did is for temporary benefit, he played with so many lives, knowingly. I don't think it is courageous when he admitted the crime. He did not have any other way to sustain the fraud; he was completely helpless and caught in a situation. What is admitted is true or false is yet to be seen. He has a past proven record of malpractices in his previous businesses. And still, all of you are supporting and sympathizing with him? If he would have operated ethically and if the company would have suffered due to recession, then I would agree that every employee should have stood by the company and helped it gain its status. But here the case is completely different.
Please understand that nothing is greater than the nation's good. I urge you to stop supporting such things if you are really the one who wants India to see progress.
Sonal
From India, Mumbai
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Hi Sonal! U r somewhere right. I realised that Actually we are looking towards the one side of coin.
From India, Hyderabad
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From India, Hyderabad
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Well, this is our India. After committing significant crimes, we, as a society, tend to acknowledge them and display empathy towards others. The greatest issue in our country is that most people are afraid of facing consequences, leading them to simply accept that "To err is human."
Regards,
Dinamani
From India, Calcutta
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Regards,
Dinamani
From India, Calcutta
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Subject: Appreciation for Mr. Sahil
Amazing mail, Mr. Sahil,
Good and bold effort at the right time. This mail is an eye-opener for each and every human being. The 54,000 families who enjoyed their earnings from Satyam should show their gratitude to their ex-director, at least by not abusing and blaming him.
From India, Coimbatore
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Amazing mail, Mr. Sahil,
Good and bold effort at the right time. This mail is an eye-opener for each and every human being. The 54,000 families who enjoyed their earnings from Satyam should show their gratitude to their ex-director, at least by not abusing and blaming him.
From India, Coimbatore
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Hi Every one any after reading this article if you want to support Ramalingaraju please check this website.
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Hi Sahil... Amazing Post... Got to know facts which was not covered by media.... All D Best
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Shame, shame, shame on the Indian youth who still think that this man is worth praising. Wake up, guys. He is like a fake saint who wears a sadhu's attire, takes advantage of emotionally weak people, and robs them. All that he did is not for your families but to keep the fraud going. Whether he showed non-existent money or actually ate it up (which you Satyamites have earned for him) is not known, and chances are that he has really eaten up your money. He has a lot of benami property. From where do you think he gave salaries worth 12,000 Crs? He has given you back your money and not done any favors.
I am ashamed to know that people in India are supporting him. I am sure that because of people like these around, many more Mr. Rajus will dare to commit such crimes and escape on mass sympathy. He will soon be out on bail and take advantage of people's short memory to commit another sin.
Shame on you guys. You are not worth calling yourselves Indians.
From India, Mumbai
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I am ashamed to know that people in India are supporting him. I am sure that because of people like these around, many more Mr. Rajus will dare to commit such crimes and escape on mass sympathy. He will soon be out on bail and take advantage of people's short memory to commit another sin.
Shame on you guys. You are not worth calling yourselves Indians.
From India, Mumbai
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I wonder how many of you would remember that a few months ago several employees were terminated when it was found that their travel bills were cooked. How could a company, which detested discrepancies of a few thousand rupees, not detect several thousands of crores missing from the system? To me, more than a failure of corporate governance, it's a lack of ethics in the organization, and this ethics can only start from the top. Raju was an unethical leader. His past record is also tainted.
Raju does not deserve any sympathy; he has betrayed the trust of several thousand people— all the stakeholders: the shareholders, employees, suppliers, vendors, the community, and the government.
I also feel that the government or the banks should bail the company out. The best that can happen is that someone buys out based on the actual valuation. All assets of sister companies should be seized and used to settle debts.
It's also possible that Raju could have stashed away a sizable amount overseas in benami names for the future use of himself and his family. Here also, the government should probe and take action, making sure that he does not access any slush funds. The first step is to seize all the passports of the family and the senior management team. Where is Ram Mynapati? He does not seem like a straight guy.
A word of advice to the Satyam employees and also to all aspiring software engineers: THERE IS A WORLD OF OPPORTUNITY OUT THERE. There are other careers in sales, production, media, education, etc.
I would also like to add that there are several Satyams waiting to happen. Is your company inflating stock? Is your company booking sales that are not going to happen? If yes, your company has all the chances of going the Satyam way.
My heart goes out to all the Satyam employees; most of you would not have dreamt of this situation when you were recruited on campus or joined at other levels. Good luck to all of you. You are fortunate to be in India where there are so many other opportunities and also a support system like family and friends to fall back on.
Once again, chin up and face the world. Leave Raju to his true fate.
From India, Bangalore
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Raju does not deserve any sympathy; he has betrayed the trust of several thousand people— all the stakeholders: the shareholders, employees, suppliers, vendors, the community, and the government.
I also feel that the government or the banks should bail the company out. The best that can happen is that someone buys out based on the actual valuation. All assets of sister companies should be seized and used to settle debts.
It's also possible that Raju could have stashed away a sizable amount overseas in benami names for the future use of himself and his family. Here also, the government should probe and take action, making sure that he does not access any slush funds. The first step is to seize all the passports of the family and the senior management team. Where is Ram Mynapati? He does not seem like a straight guy.
A word of advice to the Satyam employees and also to all aspiring software engineers: THERE IS A WORLD OF OPPORTUNITY OUT THERE. There are other careers in sales, production, media, education, etc.
I would also like to add that there are several Satyams waiting to happen. Is your company inflating stock? Is your company booking sales that are not going to happen? If yes, your company has all the chances of going the Satyam way.
My heart goes out to all the Satyam employees; most of you would not have dreamt of this situation when you were recruited on campus or joined at other levels. Good luck to all of you. You are fortunate to be in India where there are so many other opportunities and also a support system like family and friends to fall back on.
Once again, chin up and face the world. Leave Raju to his true fate.
From India, Bangalore
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I think your are a true Satyamites.... and wish every employer to find a employee like u :) cheers and good luck....
From India, Mumbai
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From India, Mumbai
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Dear All,
I feel that Sahil's Post on "Satyam" is the eye opener for many working people to develop EMPLOYEE LOYALTY towards the Organization and also loyalty to the founder of the Organization. Very Good! Really Appreciatable! A good employee's Point of View!
But at the same time, it should be viewed in Investors' & Public Point of View also. 'Satyam Infotech' is / was one of the big growing indian IT BUSINESS and not a charitable organization to the general public and investors. All People (whether Indian/foreigner) invest their hard earned money by believing this fact in their mind.
It's the Paramount duty of the Owner of the Organization to make true and fair disclosure of the financial Position (Balance Sheet & Profit & Loss Account) of the Company by complying the Laws of the Country.
The so called great auditors may escape by saying that, to the best of our knowledge and the information provided by the management we have audited the accounts. But who is the ultimate authority approving and signing the Financial Statements?
When I am having 500 Rupees cash in my hand and purposively if i say 50,000 Rupees cash is in my Possession, does it constitutes ethical, moral and legal practice? What happened to Business Ethics? Once a person puts his signature on any important legal document, is it not mandatory to see whether it is free from material defect? especially that too where public money involved.
Hereafter, how many people will rely in investing their hard earned money in Indian IT Industry and how to bring foreign investment in Indian IT Sector? What about the Credibility of Indian IT Business in the foreign market?
As some one told, the name "Satyam" got its height, mainly because of some devoted and good employees like Sahil! It sounds really good! Yes! When the Organization grows to multiple level, it's not the Sahil's name growing, it's the name of the organization, Share Value in the Market and the name of the founder of the Organization is growing.
Definitely, it must be the duty of the chief of the organization to frame, employ and monitor right policies as to hire right people for the right job. If employee fails, the chief of the Organization fails. If the army fails, the captain fails. There must be a strategy how to employ and utilize employees in an effective way, since Satyam Infotech is also basically a service oriented business industry. It's the duty and responsibility of the Chief of the Organization, atleast to monitor the same.
This is my personal point of view.
I request everyone of you just read the following somsom's Point of view also. Many Points cannot be denied even by a devoted and loyal Satyam employee.
Thanks and regards,
Sankara
Somsom
Satyam loss is big loss for Indian industry still after reading this mail, I am bound to
think that why Indian people suffers .This country is not full of wrong
person but also the large number of people who support them.
After reading this mail I would like to comment on this mail. May be terse but
true.
Reply in sequence
1) Jobs to 50000-- you don’t give birth to child to kill once he grows up. Moreover
it was requirement for there second grade work, they took them backlog student.
2) Numerous training centre for numerous love stories. He did not opened centre
with this point. So he should not get the credit for so called LOVE STORIES.
3) Hire non potential candidate - To manipulate account. Pay less show more.
4) Put unlimited fake medical and house rental bills - yatha raja yatha praja
5) How can we blame just one man when EACH AND EVERY person was disloyal? ---No
one blaming one person but of course captain of ship is always in limelight.
6) This is the same man whose ideas and potentials- how to swindle money that
was the idea from beginning. Search for Satyam spinning mills.
7) The most gruesome experience--agreed
8) I am not saying that ALL Satyam employees are bad- no one said this. Poor
people did not know anything until Mr.Raju send his resignation.
9) What Mr. Raju did was to keep the business of Satyam going at any cost- Sorry
dear, not satyam but to keep maytas business. He transferred money from satyam actually.
10) My last salute to this man----salute to these people only making our country
corrupt and worst.
11) I read he donated Rs 12000 Crores from his personal pocket-----First of all its a
big lie, but assuming true how did he got this Rs.12000 Crores in his personal pocket.
Last but not least distributing some money from robbery does not make you saint.
sorry guys I may have hurt some of you.
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I feel that Sahil's Post on "Satyam" is the eye opener for many working people to develop EMPLOYEE LOYALTY towards the Organization and also loyalty to the founder of the Organization. Very Good! Really Appreciatable! A good employee's Point of View!
But at the same time, it should be viewed in Investors' & Public Point of View also. 'Satyam Infotech' is / was one of the big growing indian IT BUSINESS and not a charitable organization to the general public and investors. All People (whether Indian/foreigner) invest their hard earned money by believing this fact in their mind.
It's the Paramount duty of the Owner of the Organization to make true and fair disclosure of the financial Position (Balance Sheet & Profit & Loss Account) of the Company by complying the Laws of the Country.
The so called great auditors may escape by saying that, to the best of our knowledge and the information provided by the management we have audited the accounts. But who is the ultimate authority approving and signing the Financial Statements?
When I am having 500 Rupees cash in my hand and purposively if i say 50,000 Rupees cash is in my Possession, does it constitutes ethical, moral and legal practice? What happened to Business Ethics? Once a person puts his signature on any important legal document, is it not mandatory to see whether it is free from material defect? especially that too where public money involved.
Hereafter, how many people will rely in investing their hard earned money in Indian IT Industry and how to bring foreign investment in Indian IT Sector? What about the Credibility of Indian IT Business in the foreign market?
As some one told, the name "Satyam" got its height, mainly because of some devoted and good employees like Sahil! It sounds really good! Yes! When the Organization grows to multiple level, it's not the Sahil's name growing, it's the name of the organization, Share Value in the Market and the name of the founder of the Organization is growing.
Definitely, it must be the duty of the chief of the organization to frame, employ and monitor right policies as to hire right people for the right job. If employee fails, the chief of the Organization fails. If the army fails, the captain fails. There must be a strategy how to employ and utilize employees in an effective way, since Satyam Infotech is also basically a service oriented business industry. It's the duty and responsibility of the Chief of the Organization, atleast to monitor the same.
This is my personal point of view.
I request everyone of you just read the following somsom's Point of view also. Many Points cannot be denied even by a devoted and loyal Satyam employee.
Thanks and regards,
Sankara
Somsom
Satyam loss is big loss for Indian industry still after reading this mail, I am bound to
think that why Indian people suffers .This country is not full of wrong
person but also the large number of people who support them.
After reading this mail I would like to comment on this mail. May be terse but
true.
Reply in sequence
1) Jobs to 50000-- you don’t give birth to child to kill once he grows up. Moreover
it was requirement for there second grade work, they took them backlog student.
2) Numerous training centre for numerous love stories. He did not opened centre
with this point. So he should not get the credit for so called LOVE STORIES.
3) Hire non potential candidate - To manipulate account. Pay less show more.
4) Put unlimited fake medical and house rental bills - yatha raja yatha praja
5) How can we blame just one man when EACH AND EVERY person was disloyal? ---No
one blaming one person but of course captain of ship is always in limelight.
6) This is the same man whose ideas and potentials- how to swindle money that
was the idea from beginning. Search for Satyam spinning mills.
7) The most gruesome experience--agreed
8) I am not saying that ALL Satyam employees are bad- no one said this. Poor
people did not know anything until Mr.Raju send his resignation.
9) What Mr. Raju did was to keep the business of Satyam going at any cost- Sorry
dear, not satyam but to keep maytas business. He transferred money from satyam actually.
10) My last salute to this man----salute to these people only making our country
corrupt and worst.
11) I read he donated Rs 12000 Crores from his personal pocket-----First of all its a
big lie, but assuming true how did he got this Rs.12000 Crores in his personal pocket.
Last but not least distributing some money from robbery does not make you saint.
sorry guys I may have hurt some of you.
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E MAIL HR TO EMPLOYEE AND REPLY.docx
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(Fact Checked)-[response] Your feedback is appreciated. It's important to consider various perspectives. Keep supporting and guiding your team during challenges. (1 Acknowledge point)