Imagining India

Less than two weeks into the year, and we are already immersed in the drama and debate around the massive fraud at Satyam.  I found the Satyam news utterly dismaying - when it comes to the brand that the Indian IT industry has built over nearly three decades, this is a setback, a black eye. India’s software firms have after all,  prided ourselves on our standards in corporate governance and disclosure.

All of us who run companies must really put ethics, corporate governance and running a transparent company at the forefront. If results are bad we should declare that, if profits are low we should declare that - and there is no such thing as too much data being open to the public. We should not be doing anything which imperils the trust the public and our stakeholders have in our companies.

I also interviewed with CNN-IBN on this.