First, the global bear market punctured the Indian stockrnbubble. Then came the Mumbai terror attacks. Now, a third shock: The chairman of Satyam Computer Services, the country's No. 4 tech services player, admitted to cooking the company's books in what some are calling an Indian version of Enron or the Bernard Madoff scandal.rnOver the past half-decade, Indian outsourcing shops had gradually won the trust of corporations in the U.S. and Europe with their low prices and high-quality services. But with the Satyam blowup, those customers may start looking for alternatives to India out of fear that their back-office operations might be compromised. "It makes a strong case for limiting your risk," says Peter Bendor-Samuel, chief executive of outsourcing adviser Everest Group.
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