Satyam Scandal Takes Toll on Hyderabad

The collapse of Satyam Computer Services (SAY) on Jan. 7 touched off a flurry of anxious investor conference calls set up by bankers and analysts. Rajeev Chandrasekhar, a member of Parliament and president of the Federation of Indian Chambers of Commerce & Industry, sat in on one—and was startled by what he heard. How, asked one foreign investor, does one spot the next Satyam?

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