The key benchmark indices were trying to recover from their earlier losses. But the CEO of Satyam Computer did not want to see the recovery. Suddenly, he disclosed some facts, which pushed the market as well as investors into the dark.
Satyam Computer has not only lost the faith of investors but it also ruined investors totally.
Today I met one of my friend he was very much upset.
I asked “What happened friend, why are you so upset”?
He replied “ The beggar on the road has more money than me. I have lost all of my money in the market. Just because of the disclosure made by Ramalinga Raju the share price of Satyam Computer tumbled and reached to around Rs 40 from Rs 188. I lost heavily.”
Now the question is, what is the future of this company. Will the investors again believe in this company easily or not? Even the BSE has removed Satyam from the list of the 30-share index Sensex.
Delicious
Digg
Google
Yahoo
Post new comment