It has been just over a year since the near demise of the company behind India’s largest corporate fraud, Satyam Computer Service (SAY), a company that at the time provided services to more than a third of Fortune 500 companies. A subscriber asked me about Satyam last week and wanted to find out if I would consider buying the stock. Given that it has been a year since the scandal broke out and the company has started reporting results once again, I figured I would take a closer look at the company.
In case you did not follow Satyam’s saga at the time, here is a timeline of the events that transpired: