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VOA标准英语2009年-Indian IT Giant Expecting Government Bailout

时间:2009-01-15 00:57:43

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A race is on to try to save one of India's information technology giants that was cut down by a gigantic fraud allegedly perpetrated by its founder1.
 
Media personnel wait outside office of Satyam Computer Services Ltd. in Hyderabad, India, 08 Jan 2009

Reeling in the wake of the biggest reported fraud in Indian corporate2 history, information technology consultant3 Satyam Computer Services might receive an emergency injection of government funds to help it survive.

The three members of the new government-appointed board that ousted4 the existing directors, told reporters in Hyderabad they are working on a rescue plan, which could include temporary liquidity5 from the government.

Board member Deepak Parekh, the chairman of private sector6 housing firm HDFC, says new corporate leadership will also be put into place soon.

"The restructuring and the detailed7 running of the company day-to-day will be the prerogative8 of the senior management, the new management that will come. … We can only give direction. We can only give some strategic inputs," said Parekh. "We are not going to run the company on a day-to-day basis."

Satyam's founder B. Ramalinga Raju is under arrest after authorities announced he confessed to falsifying company accounts and assets. Raju's brother, who was also a board member, and the company's chief financial officer have also been jailed. Raju allegedly invented a cash balance of nearly $1.5 billion.

Satyam with 700 clients, including many of the world's largest corporations, has more than 50,000 employees and operates in 65 countries.

New board member Kiran Karnik expresses confidence the Satyam scandal will not undermine the $60 billion Indian IT industry.

"There has been one unfortunate, very tragic9, very colossal10 case," said Karnik. "But that does not at all mean that the industry in any way is under a cloud. And customers, investors11, vendors12 around the world know this."

The board members say they will appoint within two days a new accounting13 firm to restate the company's true financial picture. They also say the company is open to merger14 possibilities as one way to rescue it.


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1 Founder wigxF     
n.创始者,缔造者
参考例句:
  • He was extolled as the founder of their Florentine school.他被称颂为佛罗伦萨画派的鼻祖。
  • According to the old tradition,Romulus was the founder of Rome.按照古老的传说,罗穆卢斯是古罗马的建国者。
2 corporate 7olzl     
adj.共同的,全体的;公司的,企业的
参考例句:
  • This is our corporate responsibility.这是我们共同的责任。
  • His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。
3 consultant 2v0zp3     
n.顾问;会诊医师,专科医生
参考例句:
  • He is a consultant on law affairs to the mayor.他是市长的一个法律顾问。
  • Originally,Gar had agreed to come up as a consultant.原来,加尔只答应来充当我们的顾问。
4 ousted 1c8f4f95f3bcc86657d7ec7543491ed6     
驱逐( oust的过去式和过去分词 ); 革职; 罢黜; 剥夺
参考例句:
  • He was ousted as chairman. 他的主席职务被革除了。
  • He may be ousted by a military takeover. 他可能在一场军事接管中被赶下台。
5 liquidity VRXzb     
n.流动性,偿债能力,流动资产
参考例句:
  • The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
  • The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。
6 sector yjczYn     
n.部门,部分;防御地段,防区;扇形
参考例句:
  • The export sector will aid the economic recovery. 出口产业将促进经济复苏。
  • The enemy have attacked the British sector.敌人已进攻英国防区。
7 detailed xuNzms     
adj.详细的,详尽的,极注意细节的,完全的
参考例句:
  • He had made a detailed study of the terrain.他对地形作了缜密的研究。
  • A detailed list of our publications is available on request.我们的出版物有一份详细的目录备索。
8 prerogative 810z1     
n.特权
参考例句:
  • It is within his prerogative to do so.他是有权这样做的。
  • Making such decisions is not the sole prerogative of managers.作这类决定并不是管理者的专有特权。
9 tragic inaw2     
adj.悲剧的,悲剧性的,悲惨的
参考例句:
  • The effect of the pollution on the beaches is absolutely tragic.污染海滩后果可悲。
  • Charles was a man doomed to tragic issues.查理是个注定不得善终的人。
10 colossal sbwyJ     
adj.异常的,庞大的
参考例句:
  • There has been a colossal waste of public money.一直存在巨大的公款浪费。
  • Some of the tall buildings in that city are colossal.那座城市里的一些高层建筑很庞大。
11 investors dffc64354445b947454450e472276b99     
n.投资者,出资者( investor的名词复数 )
参考例句:
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
12 vendors 2bc28e228525b75e14c07dbc14850c34     
n.摊贩( vendor的名词复数 );小贩;(房屋等的)卖主;卖方
参考例句:
  • The vendors were gazundered at the last minute. 卖主在最后一刻被要求降低房价。
  • At the same time, interface standards also benefIt'software vendors. 同时,界面标准也有利于软件开发商。 来自About Face 3交互设计精髓
13 accounting nzSzsY     
n.会计,会计学,借贷对照表
参考例句:
  • A job fell vacant in the accounting department.财会部出现了一个空缺。
  • There's an accounting error in this entry.这笔账目里有差错。
14 merger vCJxG     
n.企业合并,并吞
参考例句:
  • Acceptance of the offer is the first step to a merger.对这项提议的赞同是合并的第一步。
  • Shareholders will be voting on the merger of the companies.股东们将投票表决公司合并问题。

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