Corporates

savita's picture

Faith in Indian company accounting ?

How much faith do everyone has on Indian companies accounting. When companies like Enron in US of A can do big fraud even though there is hardly no corruption and strict lasws in USA. India is full of corruption and corporates are goofing up with balance sheet to show profit ( Satyam ) . How faith you people have ? Do you really think Indian companies like Reliance and IndiaBulls are telling truth ? Reliance has more then 100 companies in their statement .

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