Satyam means truth. It couldn’t have been more ironic for Satyam Computer Services to have its chairman and founder.
Satyam was the brand image of Andhra Pradesh. Hyderabad (the capital of the state) was identified with this company, and its founder-chairman B. Ramalinga Raju was a hero to youngsters. But overnight, arguably the biggest fraud in India’s corporate history has reduced the chairman and his company to a big zero.