Pawan Bali, New Delhi, January 27, 2009
The Asian Age Deccan Chronicle
The information and technology ministry is planning to call a meeting of top IT companies next month to formalise a plan on how to enhance Indian IT image globally in view of recent scandals which has hit the sector.
Satyam fraud has raised questions on corporate governance among Indian IT companies. The World Bank ban on Wipro and Megasoft has put Indian IT companies in bad light.
"The government needs to do something so that these controversies do not mar the Indian IT image globally that is why we are calling this meeting," said an official.
The officials from finance ministry and corporate affairs ministry will also be present during the meeting.
The Nasscom president, Som Mittal, told this newspaper that recent happening in Satyam is not an IT industry issue.
"What has happened in Satyam case has been happening in all the countries. It is just a coincidence that Satyam is an IT company. These things have also happened in Japan but no one said that Japan’s image has gone down," said Mittal.
He added, "The value proposition of India has not changed by Satyam fraud."
The Nasscom president said that the priority of the government should be on how to deal with the economic downturn and how to come out of it. "Let the board and investigators do their job," he said.
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