Many of us do read the news, and what’s generally happening in the economic and scientific world is generally accepted at face value by the normal audience. Back up a phenomenon with a “convincing” explanation and you don’t have to search for believers. Examples of such cases could be Global Warming, hospital accidents, terrorism and … Continue reading »
Filed under Economics …
Ye re Ye re Pausa
“Ye re Ye re pausa, Tula deto paisa, Paisa zhala khota, Paus ala motha” Vinay heard a mother, from his neighbourhood sing out this jingle to her child, as he walked past them in the early hours of a Sunday. It was 7 in a typical Pune morning, empty lanes marked by couple of morning … Continue reading »
It’s OK if you make mistakes
From what I see in the recent times, in an economic sense, I feel that it’s ok for corporates to make mistakes, frauds, scandals etc. The US government has bailed out the Three Auto Giants, oops Detroit three. I shun to call them giants any more. A giant cannot be fighting on crutches. Had they thought … Continue reading »
Credit card, personal loan calls come hunting again
It was as if a dry run for credit card callers; while economic slowdown news captured the front pages of every newspaper in the world, except if you are in Zimbabwe. If I remember I had rarely received calls asking if I need a credit card or a personal loan during the last two months … Continue reading »
Poach is the word, not hire.
It’s a case of a misreporting by Economic Times, here in this article. The article is wrongly headlined “Infy not to hire Satyam employees”, while TV Mohandas Pai has said not to poach rather than what’s reported as not to hire. The article contains, Infosys Technologies, the country’s second-largest IT services exporter by sales, has … Continue reading »
In the aftermath of Satyam’s fall
The aftermath of the exposure of Satyam’s fraud is an inevitable fallout on the investors and employees. While investors stand to loose their prized money, employees risk the threat of being laid off. Now, in this scandal/ fraud (whatever you call it) credibility questions are raised on PriceWater Coopers (their auditors) and the management, where … Continue reading »
On the Indian Economic Stimulus Package
The news this weekend is that Indian Economy is treated with a stimulus package that hopes to revive the market, create demand for goods and services and allow cheaper and affordable loans. To get a gist of what was declared as a healing touch, here’s an excerpt from a NDTV news piece, – Plan, … Continue reading »
