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India: Commentary - Satyam Computer Services tiger must be put back in cage.

Thai Press Reports

| February 02, 2009 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: Commentary - Bangkok Post 'It was like riding a tiger, not knowing how to get off without being eaten." If it had not been for the tragic circumstances under which it was made, the statement by Satyam Computer Services' arrested former chairman, B. Ramalinga Raju, could have been admired for its verve and even for literary style.

However, once the dust settles on the incredible saga of the unravelling of an iconic Indian software company, there's a good chance that it's likely to be remembered for all the wrong reasons.

And that's because the question on everyone's mind is: "Who else is likely to become the next meal for this very hungry tiger from among India's high-profile IT services companies?' Though rhetorical, this question is vital, not only for the future of the IT sector in India but also for the global IT and outsourcing industry in general.

The IT analysis firm IDC predicts that by 2011 the Indian IT industry will be worth more than US$100 billion, double its current value. …

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