Satyam was a leading Indian IT company that achieved several accomplishments but faced a major scandal in 2009. The timeline shows Satyam's growth from 1987 to 2008 as it expanded globally and achieved several industry awards and recognitions. However, in January 2009 the chairman resigned and admitted to financial irregularities including overstating cash and bank balances, revenues, and understating liabilities, causing shock. Top leaders committed to addressing the issues and ensuring business continuity.