Heartbreaking ‘Satyam’s

‘Ramalinga Raju Resigns From Satyam Computers, Admits Fraud’

An Indian copy of Enron Corporation with a fraud in the balance sheet and an inflated cash balance, and an Indian copy of Bernie Madoff, What more to say?

The startling revelation from Ramalinga Raju came after the company’s unsuccessful try to buy two construction firms. Moreover World Bank too recently dropped its ties with the company. God! What will happen to the 53000 employees who depend on the company, for their livelihood? The financial fraud at Satyam has left its 53,000 workers in a state of insecurity. Will their jobs be secure or will they be shown the door? If they are given pink slips, it is very difficult to get a successful placement; recession time & the tag of being from a tainted company. Reports say that many of the leading IT firms have advised their recruiting staff against entertaining calls from Satyam employees.

If at all everything turns out fine at the end (rarest chances, experts say) at Satyam, the biggest dent that awaits them would be the ‘trust’ factor of their clients and investors. After such a shocking revelation from the CEO, will any more clients be ready to outsource their projects to the company?

Beware, doubts are injurious!!!

As I told you, I have started getting attuned to my new official dwelling. It is almost getting well-set to my mind and body. Among the petite matters that bothers me is Mr. Pride…... Hazy? Its non disclosure agreement pal, so let him be Mr. Pride coz I want to be on the safer side. He is one among the so called higher-ranking category of techies, the seniors - the most supreme class. But unfortunately, helping others is something missing from his glossary, especially when the person who needs it is unluckily not a member of his team. As I was clubbed in to his group for an assignment, I never felt that I was about to land in deep trouble.

When I ask him a doubt regarding any of the technical aspects, that are totally Greek and Latin to me, he makes me feel as if I have done a heinous and unpardonable crime. With a mockery or a sarcastic comment, he would sadistically scoff at my ignorance, that too among a group, making me shrink to puny. Ignorant me!!! I would remain speechless, what else to do? But now that the information has dawned belatedly, yet without causing much distress, I will be extremely cautious here after.