Friday, January 16, 2009

Satyam: The White Lie

Finally Raju's "satya" unrevealed. 

Public knows that they have lost their money, there is a traumatic condition in IT market.
This scandal has put a question on the role of regulatory bodies specially SEBI in Indian capital market. The question is that is SEBI really playing the duty of safeguarding investors' interest?
After Harshad Mehta scam, it took a long time to build confidence in investors, see how much time this will take?
The question infront of an ordinary investor is that who will secure their investments, ofcourse "there are no free lunches in life", but then also the regulatory bodies must ensure the proper disclosure of the relevant informations regarding any organization.
The governmet or RBI must take interest in the matter, and try to establish the corporate government practices. See what the Satyam Board will do in this ? 
What I can say, that investors must not loose there trust and confidence, a panic environment will make the condition worse. Ofcourse, be very alert while investing in such a volatile market.
So the magic mantra is "Don't worry, be positive."

Saturday, November 29, 2008

Jaago Re !!

This is for every Indian.
We have just witnessed the Mumbai attacks. I think it's a matter of shame that our intelligence agencies have failed in finding any clues about the attacks.
Hundreds of innoscent person and commandoes died, what our government will do for them, just monetary compensation. Is that sufficient? 
News papers are giving headlines that no major effect on stock market, is this a matter of proud?
I think we have become like rocks, why this attack not affected the stock market , why?
Population of more than 1 million can do anyhting, but we are just not bothered about the problems of others, the main problem is our lethargic attitude.
I think this is high time we must awake, so that these kind of things will never repeat in future, atleast these attacks should not be forgotten as we forgot the attack on parliament.
We must be kind enough with the victims, which we are, but the main issue is the attitude towards the enemies of India's integrity.