At the beginning of 2008, giant Indian technology company Satyam was rocked by fraud charges, with the chairman of the company resigning after admitting the company had been cooking its books for years to hide a billion-dollar shortfall between its on-the-books earnings and what it was actually pulling in. The failure sent shockwaves through the Indian technology industry, with some wondering whether the country’s fledgling computing sector could survive such blatant malfeasance from one of its biggest players.
