Trading in Indian IT services provider Satyam shares resumed today on the New York Stock Exchange after they were halted following disclosures of massive accounting fraud by the top management of the company. Satyam’s shares were down about 82% to $1.64 on the NYSE at 1:52PM EST. Earlier today, Satyam’s shares fell as low as […]
Wipro took over 18 months to disclose its troubles with the World Bank that led ultimately to the bank banning it for providing improper benefits to its staff. Se we asked Wipro a few basic questions like why the company had not disclosed the serious problems with the World Bank earlier, the names of the […]
What Else is Wipro Hiding? After Satyam, another major Indian IT services provider – Wipro – now stands disgraced. The World Bank has banned Bangalore-based Wipro for four years from receiving direct contracts from the Bank Group under its corporate procurement program. On its web site, the World Bank has cited Wipro for providing improper benefits […]
Slumdog Millionaire swept the 2009 Golden Globes picking up four awards including for Best Picture. One of the finest movies to come out of India in recent years, Slumdog Millionaire is the riveting life-story of an 18-year-old Mumbai ’slumdog’ and chaiwallah Jamal (Dev Patel) who happens to win the Indian version of Who Wants to […]
Yippee. Slumdog Millionaire has won the Best Motion Picture Drama Golden Globe award. The movie was great and we thoroughly enjoyed it. As we wrote in our review a few weeks back, All ye Bollywood curs, hang your heads in shame because the Slumdog is soon gonna expose you. An Oscar-worthy gem and the finest […]
Danny Boyle won the Best Director Golden Globe award for Slumdog Millionaire. As Boyle was delivering his acceptance speech, Bollywood film star Anil Kapoor (who plays the quiz show host in Slumdog Millionaire) was jumping like a monkey. Also seen were Dev Patel and Freida Pinto, other stars from the movie.