The Tech Phoenix
Product Details

Biographies & Memoirs

Genre

4.07

Rating

Paperback

Binding

English

Language

Publisher

Rupa Publications India Pvt Ltd

Pages

256 Pages

Author

T.N. Manoharan, V. Pattabhi

Publication Date

2022/11/05

ISBN-13

9789355208224

Unit

1 piece

Dimensions (cm)

12.7 x 1.63 x 19.79

Country of Origin

India

Customer Care Details

Return Policy

The product is non-returnable. For a damaged, defective, expired or incorrect item, you can request a replacement within 24 hours of delivery.
In case of an incorrect item, keep the item in its original condition and packaging along with the MRP tag and accessories for a successful replacement.

Description

This book is a must-read for all those interested in corporate governance, whether practitioners, academics, students or policymakers.' -Kiran Karnik On the morning of 7 January 2009, India and the global IT community watched in horror as a letter written by the chairman of Satyam Computers, B. Ramalinga Raju, flashed on all news channels. The tech czar confessed to fixing the books for years together, audits notwithstanding. This led to a host of consequences-Satyam stock prices crashed, its large employee base was deeply affected, and most importantly, India's reputation as a premier IT service provider was sullied. However, the story does not end there. In fact, The Tech Phoenix: Satyam's 100-Day Turnaround only begins at this point. The government swiftly stepped in and nominated a board, with leading figures from various fields. T.N. Manoharan, one of these board members, narrates the events of the tumultuous 100 days immediately following Raju's letter, in what is the fastest turnaround in corporate history. This remarkable corporate rescue operation is an engrossing story that culminates in the selection of an investor who infuses capital and takes control. It offers an insider's account of the detailed planning and dedication that resurrected a fallen but storied company, and the lessons learnt in the process of protecting the interests of the stakeholders-employees, investors and customers-and redeeming India's global image.

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The Tech Phoenix

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