Nayyar, who served on the reconstituted board of scam ridden Satyam Computers and is presently on the board of IL&FS, says the latter’s management splurged money extravagantly.
Tech Mahindra has not been able to leapfrog into the league of its larger peers despite a steady rise in revenue. Here’s what it is doing to spur growth in these changing times.
Nine years after the Satyam Computer Services fiasco, IL&FS finds itself in a similar situation, in need of a bailout from the government to prevent the contagion from spreading further.
