Satyam affair hurts Indian confidence
China Daily | Updated: 2009-01-09 07:42
Ramalinga Raju, former chairman of Satyam Computer Services Ltd, enters the National Stock Exchange in Mumbai. Bloomberg News |
The accounting scandal that caused Satyam Computer Services Ltd to collapse on Wednesday is shaking investor confidence in Indian stocks, putting an end to the market's best start since 2000.
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