Mahindra Satyam - still a mess

Teething troubles can’t continue for three years. If they do, they are bigger maladies and no simple home remedies will help. The Mahindra Satyam (MSat) management and shareholders should have realised it by now. Three years into the acquisition, the dust raised by the fraud that shocked the Indian industry and investors are yet to settle. Reports in Business Line suggest there were heated exchanges between the management and investors at the MSat annual general meeting over three issues: the Rs 1,230 crore suspense account; MSat valuation and swap ratio for its merger with Tech Mahindra (TechM); and dividend payout for Satyam investors. What's still wrong at Mahindra Satyam ?