SATYAM SHIVAM SUNDARAM
Hi Readers…Let me start by wishing you all a very happy & rocking new year. Hope all gets fulfilled that you desire for…My new year month is not going to be a refreshing one for me as my dear father does not think it necessary to provide me with a new cell phone…..I have already started a war at my home sweet home…………have won the first battle by being able to convince my mom……My army which consists of my younger brother, my grandma , my pets (Gipsy, Naughty, Blacky, Tiger, Mango) & the latest entry whom I have appointed as the chief commanding officer ,my mom ,is giving more than 100 % to not only win these small battles but making it sure that I win the whole war ultimately. Do wish for me guys.
Anyways, I am here to talk about something else. I know you would have guessed it right from the title itself that I intend to talk about the “once upon a time” 4th largest IT firm of India. I know I am very late to comment on this, but experts do comment at last. When I got to hear the incident first, it took me to one of my presentations that I had given just a few days back. That day I was trying to explain a concept called “don’t try to perfume a pig”. It essentially means that don’t try to exaggerate something. If your product or service is not good enough then accept it & try to make it better instead of looking in the rear view mirror. That time while explaining this concept I had given the example of manipulations in Indian balance sheets. I never knew I would be getting such an example just after a couple of days. Imagine a company called “SATYAM”, doing these kinds of things. Imagine a person who once shared the same stage with the then president of US, Bill Clinton, Now being forced to stay with a beer mafia in his own country. By the way I am not here to criticize Satyam or Mr. Ramalinga Raju, I am here to comment on the whole system. Let me put forward some points.
1. BLIND/UNAWARE/INSANE- My question is, if every single individual knows that this thing happens in case of balance sheets of Indian companies then what is SEBI & other organizations doing? Why we must wait for something to happen that would just ruin our image in front of the whole world? Were not we suffering enough from the credit crisis, the terrorist attacks that this kind of a thing is needed?
2. CUT THE CRAP CALLED POLITICS- I am unable to figure out where from our politicians came into picture. I am apprehensive of the fact that the so called leaders who finally came out of their hibernation period to give bhasans again do they have any idea of what balance sheet is all about. Why this political blame game? I mean the present CM of Andhra Pradesh & his predecessor; both are blaming each other for this incident. Is there anybody to at least let them know that we don’t care for their comments?
3. WHY ONLY SATYAM- What about other firms? Do we again have to wait for another scam like this before finally taking some preventive measures? If yes then how many? Why not investigate the balance sheets of other companies also rather than only putting the blame on Satyam ?
There are a whole lot of other questions that I want to ask, but I believe rather than asking I must sit down & try to find out the answers. Anyways I got to sign out now as I am busy with my NGO project……so tata & enjoy.
