« The Public Kachar Pachar

January 10, 2009

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Nutty at 4:30pm is wondering how much will India Inc loose for One Adulterated Management.

Nutty at 4:31pm January 7

since morning all of us are just tracking Satyam …

Bill Kumar at 4:36pm January 7

I thought India Inc lost it the day when the whole thing was exposed..

DJ AMG at 4:37pm January 7

nothing else to do bro! this is better entertainment!

Sonya K at 5:08pm January 7

Ditto!!!

Nutty at 5:09pm January 7

This doesnt seem like any entertainment to me …

Well !!

Bill Kumar at 6:37pm January 7

This def doesn’t seen like an entertain to me too. I guess 65000 jobs are on stake.. and a major blow to the economy. Lets wait for someone to come up and buy this huge venture..

Nutty at 7:32pm January 7

such a blow !!

Vaibhav Murthy at 8:00pm January 7

think abt how much they ll gain

Bill Kumar at 8:18pm January 7

the new venture will gain for sure.. no doubt ab it.. but think about the people who will be laid off..

Nutty at 9:16pm January 7

I don’t think anyone will be laid off.

So far Satyam scam looks like with no intention of stealing away company’s money like a any other scam we see around the globe.

This was probably to speculate company’s standing and in-turn gain more trust from financial institutions as well as to increase Client’s confidence in company by mean of Company’s Strong financial standing.

Hence the actual income and expenditure should not be shaken, except if clients start moving away before company gets a new Father.

Bill Kumar at 9:44pm January 7

That’s there.. Its more of speculation of company’s assets to increase its market value.. I don’t think client will start moving away as the company’s capability is still not compromised because of this scam. But you never know, client may have another reason to finish their projects..

Nutty at 9:51pm January 7

do u this respected chairman was probably trying to clean the whole thing by the takeover of realty company?

Bill Kumar at 9:54pm January 7

yeah.. but this was already under radar.. it had to be caught.. you cant fool around for long when you are so big

Nutty at 9:55pm January 7

ya ! exactly … I think ther shuld b a information junkyard where we putup information on progress of the whole thing …

Bill Kumar at 9:56pm January 7

hmm there is a group which i have made on facebook called safeIndia.. you could put all this info there..

Shalini V at 9:50am January 8

Great Fraud Indian entrepreneur of the year…..goes to Rotten Raju

Nutty at 10:41am January 8

lol

DJ AMG at 2:44pm January 8

now you should ask those magazines who did the interviews with him showing him as the ‘godly’ figure, what were they thinking.

Nutty at 2:51pm January 8

good idea ! u r from print media right ? let me start wid u … why did he got projected like tht when u were wid HT? u need to answer right nwo ..justify … reply … wot r u doing ?

DJ AMG at 2:58pm January 8

i knew he was fraud. big time. thats why i didnt do his interview! also i dint buy any of satyams shares!

Bill Kumar at 3:07pm January 8

hmmm he didnt do any fraud as such.. he was trying to improve his company’s reputation in market.. if we consider his actual situation, satyam doesnt even enough money to support its resource base for long.. they have very low cash balance..

Nutty at 3:20pm January 8

Mr DJ AMG ! show me ONE COMPANY in I INC which doesn’t under/over report revenue and margin.

Bill Kumar at 3:27pm January 8

All do but the only difference in others and Satyam is that Satyam is low on running cash

lets see what merger comes out of it..

DJ AMG at 3:35pm January 8

Aartha !

Shalini V at 3:53pm January 8

then 700 rs now for 30 (big smile)…if any one has them…just go n exchange it wid Pepsi,cola….;)

Nutty at 4:26pm January 8

Abid : Artha Has No Money

Nutty at 4:27pm January 8

lol ! shalini ther must be lot of them who will fill their house wid 500 ML Pepsi/Cola if they exchange Sify wid Cola’s

Nutty at 4:30pm January 8

I am not tht lucky to get pepsi cola for SIFY

r u ?

Bill Kumar at 8:21pm January 8

ha ha ha.. I think stocks will come up.. once the merger takes place..

Nutty at 8:31pm January 8

did u see the news ? they dont hv any CASH .. !!

all wht they hv is cash to pay 1 month’s salary to employee’s

CFO is absconded … and has handed over Resignation to Chief.

Nutty at 8:33pm January 8

to add more to this .. something i heard in news tht top IT companies r not keen to dirty their hand.

Bill Kumar at 8:59pm January 8

yeah i read the newspaper.. they have just enough cash to pay 1 months salary.. i think they will declare themselves bankrupt.. if they do what will happen to all the clients .. hmm do they go to other indian IT company or somewhere else? Satyam must be having big market share.. both in IT and internet services.. What will happen to all Sify connections? :O

Nutty at 9:24am January 9

news said they hv 700 IT Services client.

but top 100 client generate over 70%.

Right now satyam management is trying to talk wid those clients so tht they can assure functioning of the company.

to avoid bankruptcy or such situation.

we hope one of the other top 5 go for a hostile takeover of satyam.

SIFY, BPO, Telecom, etc can be probably takenup by industry leaders in respective businesses.

Looks like they r also into non-IT. medical instrument, etc

Bill Kumar at 7:50pm January 9

hmmm lets see what comes.. everything is on halt tlll 10th for their next board meeting.. as far as i know, the projects are still running. but even if satyam is taken over by some other IT leader, layoffs are a possibility.. as they are gonna lose some clients for sure..

and as the paper said, running such a huge company at 3% margin is not possible.. even i run my IT company at 25% margin.. forget ab Satyam.. so something is dicey for sure

They did even try to get into infra