Leading with the power of truth

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Almost every famed legend gleams with prodigious talent. Satyam Computers Services Limited can surely be bequeathed a name among such greats, with Ramalinga Raju holding the prodigious mantle high, what with his dexterous marshalling of resources to take on not just Indian IT biggies, but global IT majors. While the company did suffer from the IT bubble bust of 2001, it seems to be sure-footed in the unraveling of strategies to gain top rung luster.

Despite positive performance in the current years, critics have regularly lambasted and labeled Satyam a straggler when compared to the IT icons such as Infosys, TCS and Wipro. Satyam on its part seems to have silenced them substantially for now by posting smashing revenues in Q1, FY 2005-06 of Rs.14.4 billion (a capacious yoy growth of 36.3%) and towering profits of Rs.3.54 billion (an unbelievable increase of 86.18%).

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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