SlideShare a Scribd company logo
Guided by : Dr.priyanka baldawa Submitted By:
jYOTI jain
 Founded in 1987 by
Mr.raju
 Satyam was india’s 4th
largest IT services company
 Over 50,000 employes
 Almost one in every two of
the fortune 500 was said to
be client of satyam
 90% of businees comes
from USA
 Satyam business has spread
over 66 countries
 Listed on BSE, NSE ,
NYSE
 3 areas of working
- IT services
- Business process
outsourcing (BPO)
- Software products
 In the financial year ending March 2008 , satyam
reported impressive 46.3 % rise in revenue to $ 2.1
billion
 In October 2008 , satyam said revenue would rise
further 20 % in the 2009 financial year
 But later this all found to be fictious
 First IT company in the world
Certified under ISO 9001:2000
 Top 13 Best – Managed companies
in India
 SAP Pinnacle Award in 2008
 Golden peacock award for
excellence in Corporate Goverance
 United kingdom trade & Investment
India Business award
 Greed for money , power ,
competition , success and prestige
compelled Mr. raju ( founder & ex-
chairman ) to “ ride the tiger ”
which as a resultant forced him to
commit a huge fraud
 Scam is over of $ 1.47 billion
 Thrown spotlight on corporate
governance in India – Based
companies
 To cover up satyam’s fictious
assests wih real one , satyam
attempted to accquire Maytas
Infrastruture & Maytas
properties
 Which was owned by Mr .
Raju’s family
 Later , the acquistion was
dropped when satyam
shareholders protested
 As per India’s CBI report
satyam did :-
- Involvement of dual
accounting books
- Thousand of forged invoices
- Fake bank statements
- Thousand of unnessary
employes
- Auditors received fees several
times the market rate
 This scam also termed as India’s Enron
 On Janurary 7th 2009 , B . Ramlinga Raju , Founder
& Chairman of Satyam Computer Services , resigns
 B. Ramalinga Raju : Satyam Former Chairman
 Rama Raju : Brother of Ramalinga Raju (MD)
 V Srinivas : Ex-chief Financial Officer
 S. Gopalakrishnan : PWC Auditor
 Talluri Srinivas : PWC Auditor
 Before the scandal, it’s share price was Rs. 300 in
Oct. 2008. Just after the scandal share price go down
to Rs. 6.30.
 The Company Law Board decided to bar the current
board of Satyam functioning.
 The New York Stock Exchange has halted trading in
Satyam stock.
 Before scandal, Satyam was 4th ranked among IT
companies of India and after the scandal, it became
least valuable IT company in India.
ppt on  satyam

More Related Content

What's hot

Satyam scam
Satyam scamSatyam scam
Satyam scam
jabu
 
Satyam scam
Satyam scam Satyam scam
Satyam scam
Rajat Sharma
 
Satyam fraud
Satyam fraudSatyam fraud
Satyam fraud
sayali0717
 
Satyam scandal a full analysis
Satyam scandal a full analysisSatyam scandal a full analysis
Satyam scandal a full analysisRohit Deshmukh
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
CP default
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
Vishal Narvekar
 
Satyam scandal141116
Satyam scandal141116Satyam scandal141116
Satyam scandal141116
Kavita Patil
 
Satyam Scam
Satyam ScamSatyam Scam
Satyam Scam
rvmfinishingschool
 
Satyam Scam ppt
Satyam Scam pptSatyam Scam ppt
Satyam Scam ppt
kudale12yogesh
 
Satyam scam...a shame in indian corporate it world
Satyam scam...a shame in indian corporate it worldSatyam scam...a shame in indian corporate it world
Satyam scam...a shame in indian corporate it world
Raman Khanna
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
vriddhee Goel
 
Presentation On Satyam Scam
Presentation On Satyam ScamPresentation On Satyam Scam
Presentation On Satyam Scam
nitgu
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
Nikita Talukdar
 
Sathyam scam
Sathyam scamSathyam scam
Sathyam scam
Aswathy Gopinathan
 
Satyam Scam
Satyam ScamSatyam Scam
Satyam Scam
bhavniktok
 
Satyam scandal
Satyam scandalSatyam scandal
Satyam scandal
Anil Bharti
 

What's hot (20)

Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Satyam scam
Satyam scam Satyam scam
Satyam scam
 
Satyam fraud
Satyam fraudSatyam fraud
Satyam fraud
 
Satyam scandal a full analysis
Satyam scandal a full analysisSatyam scandal a full analysis
Satyam scandal a full analysis
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Satyam scandal141116
Satyam scandal141116Satyam scandal141116
Satyam scandal141116
 
Satyam Scam
Satyam ScamSatyam Scam
Satyam Scam
 
Satyam Scam
Satyam ScamSatyam Scam
Satyam Scam
 
Satyam
SatyamSatyam
Satyam
 
Satyam Scam ppt
Satyam Scam pptSatyam Scam ppt
Satyam Scam ppt
 
Satyam scam...a shame in indian corporate it world
Satyam scam...a shame in indian corporate it worldSatyam scam...a shame in indian corporate it world
Satyam scam...a shame in indian corporate it world
 
Satyam Fiasco
Satyam FiascoSatyam Fiasco
Satyam Fiasco
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Presentation On Satyam Scam
Presentation On Satyam ScamPresentation On Satyam Scam
Presentation On Satyam Scam
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Sathyam scam
Sathyam scamSathyam scam
Sathyam scam
 
Satyam Scam
Satyam ScamSatyam Scam
Satyam Scam
 
Satyam scandal
Satyam scandalSatyam scandal
Satyam scandal
 

Similar to ppt on satyam

Satyam scam
Satyam scamSatyam scam
Satyam scam
vikasca
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
Aashish Buchha
 
Satyam Scam - Explanation of the events & Future
Satyam Scam - Explanation of the events & FutureSatyam Scam - Explanation of the events & Future
Satyam Scam - Explanation of the events & Future
Varun Modi
 
SATYAM COMPUTERS SCAM PPTS (1).pptx
SATYAM COMPUTERS SCAM PPTS (1).pptxSATYAM COMPUTERS SCAM PPTS (1).pptx
SATYAM COMPUTERS SCAM PPTS (1).pptx
007MuhammadAbdullahS
 
Satyam scam - corporate governance
Satyam scam  - corporate governance  Satyam scam  - corporate governance
Satyam scam - corporate governance
Laili Abdullah
 
Uncovering: Ten Biggest High Profile Scams In India
Uncovering: Ten Biggest High Profile Scams In IndiaUncovering: Ten Biggest High Profile Scams In India
Uncovering: Ten Biggest High Profile Scams In India
UdayKumarMukherjee
 
Satyam Computers scam
Satyam Computers scamSatyam Computers scam
Satyam Computers scam
Ritesh Maheshwari
 
Satyam Scam
Satyam ScamSatyam Scam
Satyam Scam
Kaveri Nanda
 
Satyam Scandal - Satyam Saga
Satyam Scandal - Satyam SagaSatyam Scandal - Satyam Saga
Satyam Scandal - Satyam SagaChandra M. Verma
 
Deepi malhotra 3
Deepi malhotra 3Deepi malhotra 3
Deepi malhotra 3
Deepika Malhotra
 
Case
CaseCase
Satyam
SatyamSatyam
Satyam
Veenu Raj
 
Satyam Computers Case Study 2022.pptx
Satyam Computers Case Study 2022.pptxSatyam Computers Case Study 2022.pptx
Satyam Computers Case Study 2022.pptx
AnkitSharma694858
 
Satyam scandal
Satyam scandalSatyam scandal
Satyam scandal
Shankar Kulkarni
 
Satym
SatymSatym
Satyam scam
Satyam scamSatyam scam
Satyam scam
Karthik Anumula
 
Satyam fiasco
Satyam fiascoSatyam fiasco
Satyam fiasco
harshavardhan tumma
 

Similar to ppt on satyam (20)

Satyam scam
Satyam scamSatyam scam
Satyam scam
 
satyam fiasco
satyam fiascosatyam fiasco
satyam fiasco
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Satyam Scam - Explanation of the events & Future
Satyam Scam - Explanation of the events & FutureSatyam Scam - Explanation of the events & Future
Satyam Scam - Explanation of the events & Future
 
SATYAM COMPUTERS SCAM PPTS (1).pptx
SATYAM COMPUTERS SCAM PPTS (1).pptxSATYAM COMPUTERS SCAM PPTS (1).pptx
SATYAM COMPUTERS SCAM PPTS (1).pptx
 
B Ramalinga Raju
B Ramalinga RajuB Ramalinga Raju
B Ramalinga Raju
 
Satyam scam - corporate governance
Satyam scam  - corporate governance  Satyam scam  - corporate governance
Satyam scam - corporate governance
 
Uncovering: Ten Biggest High Profile Scams In India
Uncovering: Ten Biggest High Profile Scams In IndiaUncovering: Ten Biggest High Profile Scams In India
Uncovering: Ten Biggest High Profile Scams In India
 
Satyam Computers scam
Satyam Computers scamSatyam Computers scam
Satyam Computers scam
 
Satyam Scam
Satyam ScamSatyam Scam
Satyam Scam
 
Satyam Scandal - Satyam Saga
Satyam Scandal - Satyam SagaSatyam Scandal - Satyam Saga
Satyam Scandal - Satyam Saga
 
Deepi malhotra 3
Deepi malhotra 3Deepi malhotra 3
Deepi malhotra 3
 
Case
CaseCase
Case
 
Satyam
SatyamSatyam
Satyam
 
Satyam Computers Case Study 2022.pptx
Satyam Computers Case Study 2022.pptxSatyam Computers Case Study 2022.pptx
Satyam Computers Case Study 2022.pptx
 
Satyam scandal
Satyam scandalSatyam scandal
Satyam scandal
 
Satym
SatymSatym
Satym
 
Satyam scam
Satyam scamSatyam scam
Satyam scam
 
Satyam fiasco
Satyam fiascoSatyam fiasco
Satyam fiasco
 

Recently uploaded

MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdfMASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
goswamiyash170123
 
The Diamond Necklace by Guy De Maupassant.pptx
The Diamond Necklace by Guy De Maupassant.pptxThe Diamond Necklace by Guy De Maupassant.pptx
The Diamond Necklace by Guy De Maupassant.pptx
DhatriParmar
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
Celine George
 
Digital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion DesignsDigital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion Designs
chanes7
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
JosvitaDsouza2
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
SACHIN R KONDAGURI
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
Mohammed Sikander
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
EugeneSaldivar
 
JEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questionsJEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questions
ShivajiThube2
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
camakaiclarkmusic
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Akanksha trivedi rama nursing college kanpur.
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 

Recently uploaded (20)

MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdfMASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
 
The Diamond Necklace by Guy De Maupassant.pptx
The Diamond Necklace by Guy De Maupassant.pptxThe Diamond Necklace by Guy De Maupassant.pptx
The Diamond Necklace by Guy De Maupassant.pptx
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
 
Digital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion DesignsDigital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion Designs
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
 
JEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questionsJEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questions
 
CACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdfCACJapan - GROUP Presentation 1- Wk 4.pdf
CACJapan - GROUP Presentation 1- Wk 4.pdf
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 

ppt on satyam

  • 1. Guided by : Dr.priyanka baldawa Submitted By: jYOTI jain
  • 2.  Founded in 1987 by Mr.raju  Satyam was india’s 4th largest IT services company  Over 50,000 employes  Almost one in every two of the fortune 500 was said to be client of satyam  90% of businees comes from USA
  • 3.  Satyam business has spread over 66 countries  Listed on BSE, NSE , NYSE  3 areas of working - IT services - Business process outsourcing (BPO) - Software products
  • 4.  In the financial year ending March 2008 , satyam reported impressive 46.3 % rise in revenue to $ 2.1 billion  In October 2008 , satyam said revenue would rise further 20 % in the 2009 financial year  But later this all found to be fictious
  • 5.  First IT company in the world Certified under ISO 9001:2000  Top 13 Best – Managed companies in India  SAP Pinnacle Award in 2008  Golden peacock award for excellence in Corporate Goverance  United kingdom trade & Investment India Business award
  • 6.  Greed for money , power , competition , success and prestige compelled Mr. raju ( founder & ex- chairman ) to “ ride the tiger ” which as a resultant forced him to commit a huge fraud  Scam is over of $ 1.47 billion  Thrown spotlight on corporate governance in India – Based companies
  • 7.  To cover up satyam’s fictious assests wih real one , satyam attempted to accquire Maytas Infrastruture & Maytas properties  Which was owned by Mr . Raju’s family  Later , the acquistion was dropped when satyam shareholders protested
  • 8.  As per India’s CBI report satyam did :- - Involvement of dual accounting books - Thousand of forged invoices - Fake bank statements - Thousand of unnessary employes - Auditors received fees several times the market rate
  • 9.  This scam also termed as India’s Enron  On Janurary 7th 2009 , B . Ramlinga Raju , Founder & Chairman of Satyam Computer Services , resigns
  • 10.  B. Ramalinga Raju : Satyam Former Chairman  Rama Raju : Brother of Ramalinga Raju (MD)  V Srinivas : Ex-chief Financial Officer  S. Gopalakrishnan : PWC Auditor  Talluri Srinivas : PWC Auditor
  • 11.  Before the scandal, it’s share price was Rs. 300 in Oct. 2008. Just after the scandal share price go down to Rs. 6.30.  The Company Law Board decided to bar the current board of Satyam functioning.  The New York Stock Exchange has halted trading in Satyam stock.  Before scandal, Satyam was 4th ranked among IT companies of India and after the scandal, it became least valuable IT company in India.