How People Lost 14000 Crores in One Day | Satyam Scam
In this video, we explore the infamous Satyam scam, where investors lost ₹14,000 crore in a single day. The scam, dubbed "India's Enron," saw Satyam Computer Services' founder, Ramalinga Raju, confess to manipulating the company’s accounts for years, inflating profits and assets. We break down how this massive fraud unfolded, the impact on investors, and the lessons learned in corporate governance. Watch to understand why the company's valuation collapsed, and the aftermath that changed India’s financial landscape. Stay tuned for insights into one of India’s biggest corporate frauds. #shyam #shyammeerasingh #smshow
01 Oct 2024
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