A’Satyam’
All that has been said and heard about Satyam reveals one satyam: Indian promoters still have more influence than they should actually have on the company. When a company grows beyond the size promoters can run it, it should be run by professional team and if the promoters are not professional enough, they should just remain non-executive or move on to other ventures. Satyam may reveal more ugly facts on the transperency of Indian corporate sector.
While my head says Ramalinga Raju is a 420, but by heart I still respect him as one of the brave entrepreneurs that took on the IT challenge. Apart from Satyam, the other charitable activities he does are of great help to common people. Generating 53,000 jobs is not an easy task in this country, and he is one of those tough guys who did it.
To my knowledge, all this can’t happen with out the knowledge of bada netas. Only time answers everything.
‘Satyam’eva jayate, for the sake of 53000 employees.
Happy new year 2009!
2008 was a mix of good and bad. There were good moments that we could cherish – the Olympics, the good cricket, IPL, Chandrayaan etc. And many bad things like recession, terrorist attacks, bad cricket, etc. A mix of many things, another passing year in our lives.
“The Moguls come, the Moguls go
The British come, the British go
We take the best and leave the rest
But we still eat curry, our women still wear saris
And we still live in tightly bound extended family units”-Thomas Friedman
That’s India’s strength – we take the best and leave the rest. We need to learn from our mistakes, be strong and have hope in our hearts for the future, continue to do what we are best at. We gotta overcome many unique problems. We will, definitely.
Happy new year!

