The Tribune
The Satyam fiasco: Nationalisation is the right course
The Satyam scandal, which has been described by our Prime Minister as a "blot on our corporate image", gets murkier every day. The larger question is: when a private management has defrauded the company, should the government bail it out by pumping money in it to let it continue in private ownership? The question arises especially when it is done by ignoring the mandate of Article 39 of the Constitution, which directs that (...)