Sunday, February 1, 2009

1's greedy : 43622's suffer

Note: All the information in this blog is based on some secondary news articles and primary inputs.



By this time, everyone might have heard about Satyam scandal. I don't want to highlight the same things again. I am here again to give some inputs on some facts, that are not known to the public.

The scandal has put a big question mark to all the IT corporates, Indian IT industry, State Government.

This is a fact that every other company involves in some sort of transactions(similar to Satyam scandal), but not to such a huge amount.

This scandal has put a big question mark on all the major IT companies of India. Even Wipro,Megasoft is banned by World Bank from all its contracts. There are many other roles involved in this scandal.

1. AP Government ( Congress (Present) & Telugu Desam Party (Former))

2. PWC partners

3. Many of the Raju's family members

All these discussions and transaction happen in seperate flat in Hyderabad, which is owned by R.R.


Raju's greedy is making 43,622 employees of Satyam suffer in this recession period.
The guy who use to spend 10000 rs for just his daily food is counting nuts behind bars.This has happened mainly due to the Raju's sons (Owner of Maytas).

I really appreciate Satyam employees and their unity for the progress of the company at this stage. The people, once who were reluctant and were ashamed to say that they belong to Satyam are now shouting, that they are Satyamites.

When one man can start up a company and bring to such a level, then i don't think it is difficult for 43,622 hands to re-build the demolished.

The 7 new board members are working and struggling hard to retain the company image and brand. Atleast now, the public realises that it is only just one man's mistake and not the company. Finally the Tughluq term came to an end, and is open to the best rulers of the Indian economy.

Wednesday, January 7, 2009

Raju Resigns : Satyam Sinks: Tughluq Term Ends




Todays news confirms that All the Common Man Views posts till date are fact and True.

Finally i can conclude that

1. Satyam Computers is just a dot com bubble

2. Satyam computers is invoved in many bribery cases, fraud cases

3. Satyam computers doesn't have any corporate governance. All the awards given to Satyam computers can also be due to their excellence in bribery.

4. Satyam Computers is just another Tughluq kingdom ruled by modern Tughluq

It gives end to the Tughluq mode, Tughluq term, Tughluq rule


According to analysts, Satyam could face regulatory action in the US.


I don't want to explain much details, because Mr. Ramalinga Raju himself has told in his letter to SEBI. You can read it from the below link.

Satyam Ramalinga Raju Letter to SEBI

Major concern is about 50,000 employees and the biggest question why did Mr. RR did reveal the facts now, when he plans to quit Satyam Computers? Please put your comments. Even conradictions are always welcome.