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 Satyam company, Interview process?

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hauhan842001
post Aug 25 2008, 09:18 PM

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i also got interview invitation..how?good or not?this position?
patheticgirl
post Aug 27 2008, 01:40 PM

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no idea.. but thinking to FFK tomorrow's interview.. sigh~
skystrike
post Aug 28 2008, 02:00 AM

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haha...after read all comment at this thread damn scary la...but i dont mind to give a try....tomorrow is my interview at here...
NicholasG5
post Aug 28 2008, 03:24 PM

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So, how was the interview? I didn't attend.
skystrike
post Aug 28 2008, 03:34 PM

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QUOTE(NicholasG5 @ Aug 28 2008, 03:24 PM)
So, how was the interview? I didn't attend.
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there is three step...1st doing analytical test....but i didn't past that test....maybe i am unlucky...nevermind still got other interview request....that test is ok...combine math question, iq question and english question....
NicholasG5
post Aug 28 2008, 03:49 PM

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You got called for a second interview?
skystrike
post Aug 28 2008, 04:06 PM

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QUOTE(NicholasG5 @ Aug 28 2008, 03:49 PM)
You got called for a second interview?
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no...i didnt pass 1st test...
Pissoff
post Aug 28 2008, 04:32 PM

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Well one thing for sure their developer which is ousource at my company they thing they are somekind of big time gangster. They walk in groups and dont give a blady hell about people. Good news for them my company is going to sack those indian B******
skystrike
post Aug 28 2008, 11:37 PM

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QUOTE(Pissoff @ Aug 28 2008, 04:32 PM)
Well one thing for sure their developer which is ousource at my company they thing they are somekind of big time gangster. They walk in groups and dont give a blady hell about people. Good news for them my company is going to sack those indian B******
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haha...u racist...it normal when there is bad guy in any company....
aeronic
post Aug 29 2008, 07:31 PM

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QUOTE(patheticgirl @ Aug 25 2008, 02:16 PM)
no idea how much is the pay.. problem is, i duwan to take half day leave to go for the interview  sad.gif
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you don't want or cannot? you are serious about it or not?
you are a patheticgirl, patheticgirl
gensylo
post Sep 6 2008, 02:59 PM

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i heard the company has great welfare...after read this,i shocked,very bad...is it true...
shoden
post Sep 9 2008, 07:12 PM

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I withdrawn my job application for this company after i read this thread... laugh.gif
skystrike
post Sep 10 2008, 12:25 AM

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QUOTE(shoden @ Sep 9 2008, 07:12 PM)
I withdrawn my job application for this company after i read this thread...  laugh.gif
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lol...u should not hear by one side only...
circus_clown
post Sep 12 2008, 01:07 AM

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hye guys... how's the interview for network engineer???
ttwangsa
post Nov 28 2008, 02:23 PM

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as far as i know (way back in march), network people are bored to death. being benched 90% of the time. but then again, this was in march..
maybe things have changed since then?
dotMY
post Nov 29 2008, 10:22 AM

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any good prospect on SAP part in this co.?
kucingfight
post Jan 7 2009, 03:12 PM

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Satyam shares tumbled by 37%. Sauce



Shares Fall
Email | Print | A A A

By Harichandan Arakali

Jan. 7 (Bloomberg) -- Satyam Computer Services Ltd. Chairman Ramalinga Raju resigned after announcing the company had falsified accounts and assets, sending shares of the Indian software-services provider tumbling in Mumbai.

Satyam had 50.4 billion rupees ($1.04 billion) of “inflated” cash on its balance sheet at the end of Sept. 30, the Hyderabad-based company said in a release today. Raju, 53, unsuccessfully tried to sell two companies last month to Satyam in the “last attempt to fill the fictitious assets with real ones,” Hyderabad-based Satyam said in a statement sent to the Bombay Stock Exchange, citing the chairman.

Satyam shares tumbled a record 37 percent as of 11:34 a.m. in Mumbai trading. Raju, the founder and chairman, on Dec. 16 announced a $1.6 billion takeover of the two companies owned by his family, only to drop the deal hours later after stockholders protested. Separately, the World Bank Dec. 23 declared India’s fourth-biggest software-services provider ineligible for contracts for eight years, alleging ‘improper” benefits were given to the bank’s employees.

Raju scrapped the planned acquisition of Maytas Properties Ltd. and Maytas Infra Ltd., less than 12 hours after announcing it. Investors dumped the stock, causing a 31 percent slide, amid questions over Satyam’s decision to spend cash to buy unrelated businesses during the economic slump.

To contact the reporter on this story: Harichandan Arakali in Bangalore at harakali@bloomberg.net.


This post has been edited by kucingfight: Jan 7 2009, 03:13 PM
Jenn V
post Jan 7 2009, 03:48 PM

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Company going to bankcrupt man~~
dotMY
post Jan 7 2009, 04:38 PM

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before this Satyam is one of the most success co.
tiny
post Jan 8 2009, 12:44 AM

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OMG.... this company's shares dropped 82% over fraud.
I'm seeing layoffs coming
source:
http://www.straitstimes.com/Breaking%2BNew...ory_323053.html
QUOTE
MUMBAI - THE head of one of India's biggest outsourcing firms, Satyam Computer, resigned on Wednesday amid a scandal over a billion dollar fraud that sent company stocks into freefall.
Company founder and chairman B. Ramalinga Raju admitted the Hyderabad-based software services firm had falsified accounts and assets and inflated its profits over several years.

The company overstated its cash and bank balances of 50.4 billion rupees (S$1.5 billion) in its September-end balance sheet, 'purely on account of inflated profit over a period of several years,' Mr Raju said in a statement.

Satyam shares plummeted 82.75 per cent, or 148.2 rupees, to 30.9 rupees on the Mumbai Stock Exchange late afternoon on Wednesday, as investors dumped the company.

The broader benchmark 30-share Sensex plunged more than seven per cent to 9,603.74 points.

Satyam had announced the US$1.6-billion buyout of the Maytas infrastructure firms earlier this month, but abruptly reversed its decision after investors rejected the plan.

Mr Raju admitted in the statement that the Maytas acquisition plan was 'the last attempt to fill fictitious assets with real ones.'

Analysts and the stock market regulator have reacted with shock at the fraud, calling for stringent action.

'This is an event of horrifying magnitude and it's first of its kind,' C B Bhave, chairman of market regulator Sebi, told the Press Trust of India on Wednesday.

'We are in touch with ministry of corporate affairs... we are also in discussion with them as to what steps need to be taken,' he said.

'This is alarming and disturbing... like a punch which catches you unawares. The fraud will have an impact over the short-term,' Bharat Iyer, India strategist with J P Morgan, told AFP.

The investment bank had already placed a 'sell' rating for the stock, amid the global economic slowdown.

'The Satyam management's continuance seems to be untenable regardless of the new board composition. What this sorry episode has done is leave a huge hole in corporate governance at Satyam,' said Viju George, analyst at Edelweiss Securities, in a report to clients.

The Satyam chief apologised 'to all Satyamites and stakeholders, who have made Satyam a special organisation, for the current situation.'

'I am now prepared to subject myself to the laws of the land and face consequences thereof,' Mr Raju added.

The Satyam management is expected to meet shortly in the wake of the fraud, media reports said.

'We are shocked by the contents of his (chairman's) letter. We will meet shortly to strategise a way forward in the wake of the fraud,' Satyam's interim chief executive Ram Mynampati told media in Hyderabad.

Late last year the World Bank barred Satyam from doing business with it for eight years over 'improper benefits' paid to staff.

Satyam Computer Services is a leading software consultancy, system integration and outsourcing firm with clients across 65 countries. -- AFP
This post has been edited by tiny: Jan 8 2009, 12:47 AM

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