Thursday, July 9, 2009

Ads that say more than they should

Innaresting ad, to say the least.
Taken at the Bangalore International Airport in February 2009.
In case you are wondering what 'Satyam' is, it is a software consulting firm based out of Hyderabad with annual revenues of US$2 billion in FY 2007. And some more, pertinent, info:
From (accessed July 09 2009):
In addition to other controversies involving Satyam, on January 7, 2009, Chairman Raju resigned after publicly announcing his involvement in an accounting fraud. Ramalinga Raju is currently in a Hyderabad prison along with his brother and former board member Rama Raju, and the former CFO Vadlamani Srinivas.
And from (accessed July 09 2009)
On 7 January 2009, company Chairman Ramalinga Raju resigned after notifying board members and the Securities and Exchange Board of India (SEBI) that Satyam's accounts had been falsified [1][2][3].
On 10 January 2009, the Company Law Board decided to bar the current board of Satyam from functioning and appoint 10 nominal directors.
The founder of Satyam was arrested two days after he admitted to falsifying the firm's accounts. Ramalinga Raju is charged with several offences, including criminal conspiracy, breach of trust, and forgery.

© 2009, Abhinav Agarwal. All rights reserved.