Satyam Scandal

In: Business and Management

Submitted By psanjel
Words 560
Pages 3
Mahindra Satyam, formerly known as Satyam Service Company Limited, is one of the successful global business and information technology services company. This company handles industry and functional expertise relating to technology, and provides clients the best services to improve business processes and their performances. B Rama Raju, and Ramalinga Raju founded Mahindra Satyam in 1987, and is headquartered in Hyderabad, India, for providing software development and Consultancy services to large corporations. (Mahindra Satyam)
Mahindra Satyam operates globally including the US, Canada, Brazil, United Kingdom, China, Singapore, Malaysia, and also many Fortune 500 companies. That being said Mahindra Satyam provides services at General Electric, General Motors, Nestle, and the US government. This company serves automotive products, aviation, farm equipment, hospitality, information technology, real estate and the retail industries. Three main segments that the company operates are IT services, Business Process Outsourcing (BPO), and Software Products. (Mahindra Satyam)
The IT service provides wide variety of services, including software development, system maintenance, packaged software integration, and engineering design services. Whereas, BPO segment provides services related to Human resource, finance and accounting, and transaction processing. Lastly, Software Products segment provides involves product development, and creation of software. Mahindra Satyam has four subsidiaries that operate in India. One of those, Satyam Infoways, operates in E-commerce, and EDI, Electronic Data Interchange. Satyam Infoways is second largest Internet service provider in India, and the fourth largest outsourcing firm in India after Infosys, Tata Consulting Services (TATA), and Wipro. ( The Economic Times,…...

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