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Showing posts with the label scams

All time low for IT

It's unfortunate to see such a big corporation fall down in light of the scam announced yesterday. Share prices of the listed script dropped down from Rs.170 to Rs.35 in the NSE in a matter of hours and the entire IT industry was watching the news unfurl dumbstruck. The fate of 52,000 employees and their families hang and hopefully, the company must either build back the trust of the share holders and its employees or the employees should be is a position to secure jobs in other companies. Only time will tell...