We said six not sex. The Government of India has named three more directors to the board of disgraced IT services provider Satyam taking the total directors on the company’s board to six.  The new directors are: * Tarun Das (Chief Mentor of CII) * T. N. Manoharan (Former president of the Institute of Chartered […]
What are Indian policemen doing when they are not busy encountering (i.e engaging in cold-blooded murder of people)? Easy answer – When Indian policemen are not encountering, they are very busy extorting bribes. A new report by Trace International based on a 16-month study of collecting and analyzing reports of bribery demands in India has found that policemen […]
The Government of India has named three directors to the board of disgraced IT services provider Satyam Computer. The new members are HDFC Chairman Deepak Parekh, former NASSCOM president Kiran Karnik and former SEBI member C Achuthan. Following the recent disclosures of accounting irregularities, the government had disbanded the earlier Satyam board. The new members […]
The Government of India has kicked out Satyam’s board and plans to nominate 10 members, according to media reports coming from India. Satyam’s board meeting scheduled for Saturday has also been cancelled. Here’s the text of the statement issued by India’s Minister for Corporate affairs Prem Chand Gupta on disbanding Satyam’s board: You have been […]
Satyam board member Ram Mynampati has been named interim CEO of the fraudulent IT services provider following the resignation of its Chairman B.Ramalinga Raju and Managing Director B.Rama Raju. Big Mistake We think appointment of Ram Mynampati is a BIG mistake. He is too closely associated with the old guard, having been with the company […]
Controversial Harvard professor Samuel P.Huntington, in our view the world’s greatest political scientist after Plato, has died. To those of you who may never have heard of Samuel Huntington, he was the the author who made the phrase Clash of Civilizations famous. While Huntington has been in the limelight recently after he wrote his famous […]