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7) People perceived Satyam more like a body shopping company compared to serious IT player (this was actually an unfair charge as at that time most Indian IT companies were actually just that).
Philip Fisher believed as "scuttlebutt method". Scuttlebutt 's nearly like gossip, but several steps good. Gossip is usually a waste of time, however depends on who you are getting the gossip against. Philip Fisher would talk towards the competitors for a company which he wanted to speculate in. Yet verbalize it in this type of way that it really seemed a good afterthought. He was trying to elicit truthful opinions from people inside the industry, not directly from the chief financial officer cluster.
The level came additional late 1997 or early 1998 BusinessWorld magazine called me and wanted to interview Raju for an account on IT in In india. The original concept was of having Narayanmurthy of Infosys, Premji of Wipro, Nadar of HCL and Raju using the cover. I picked increase the correspondent and photographer of BusinessWorld from Hyderabad airport and was driving to be able get more info to the Satyam Technology Center, about a 45 minutes drive. The photographer asked about whether there was something interesting about Raju which can shoot. I told him that Raju was comparatively an understated person but recently he'd received a Mercedes- Benz car as a birthday gift from the family. But I was uncertain whether even though agree to pose utilizing it.
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