Earth provides enough to satisfy every man’s need, but not every man’s greed!
–Mahatma Gandhi
Although gold dust is precious, when it gets in your eyes it obstructs your vision
–Hsi-Tsang Chih Tsang
(The famous Zen Master)
INTRODUCTION
The day was 7 January, which would be remembered in the history of the Indian software industry, as
the day when the entire industry suffered a setback due to the revelations made by Ramalingam Raju,
the founder and chairman of one of India’s biggest software fi rms.
This was the day Mr. Raju along with his brother confessed to a fraud in their balance sheet worth
$1.47 billion. The fi nancial statements showed infl ...
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