Satyam computers have definitely laid a very impression of insecurity in state of foreign investors mindset.Apart from insecured aspect the auditing of this company was undertaken by some foreign company.Adding the aspect of foreing company involvement in this auditing scam lightens the argument againt the meak policies being undertaken by the SEBI.The situation was the outside the legal framework of our country.Are the global exposures forming our regulatory systems more vulnerable?Are these global money inflows making things more worse?
Even because of our stringent policies towards every sector,the escape by any company in terms of a scam was like a slap on our face.
Are these issues of insecurity among our country people over the flows of money forming a cloud of unhealthy pratices?
The future midcaps and small caps position can be the most hurt by these vulnerability faed shareholders of satyam.We are still not able to form a framework governing our country's rigidity in terms of progress without any fallouts.
This is the high time where the political and global issues need to be intergrated well with our citizens perspective.If this cant be the possibility then we can face another downstream may be in some sectors or politcally.
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