Posts

Satyam debacle

All now know that Satyam has crashed, a case of inflated books, sounds like ENRON to me, i am wondering how was it pulled off. Is it that easy? What did the auditor do? For those who dont know auditors are the famous PWC-  pricewaterhousecoopers. Now more questions - Are the software outsourcing industry margins that low? Satyam was operating in a market, they could not be possible charging too low. Now we have more than 50,000 employees of Satyam joining in the job market. What will happen to Indian IT industry now? And what will happen of all those people? Probably as the projects with Satyam move to other companies, so those people also might be able to move to other companies. The Indian stock market was rising since last 2-3 days, and i thought MAYBE some turn around is happening, satyam news came and market crashed more in a single day than it had risen in the last 2-3 days. So now more gloom for the Indian software industry and economy. I have also posted ...

School fever

I never liked going to school, i always hate to do what others tell me. So i hated uniforms, hated homework etc. Even though i always decent numbers and thus there was little that teachers could complain about my studies to parents. Regrading others things, i was part of the system and made to comply. With college I got partially independent, but engineering colleges aint that much different from schools. Teachers blackmailing you for practical marks, and lab asses trying to act smart. Finished education, started job and then actually began to enjoy things, learning what you want, no exams to judge you (well appraisals are generally for ass lickers or perception, so never cared).. NOW WHY AM I SAYING ALL THIS????? My kid is now 3+ and has to start nursery.. So now again i have to follow schools rules. Every school takes a good amount in the name of prospectus and processing.. Now when the economy is bad every penny hurts.. Moreover, seems like seats are 2 few and children too many.. E...

Marriage time

It is the marriage season that's going on right now. For the benefit of international readers, in India for Hindus, the priests decide the auspicious marriage dates, these dates are few and generally lie together. With a big population like ours, the marriages tend to happen at the same time. 3 marriage almost in a row---my Bro in law, college roomie, and first cousin... One of the hardest things now is - travelling in clogged roads to reach function place. Breaking ur head to figure out the gift. Eating similar food.\ Figuring out dresses to wear for u and those around u. To top it all a major release tied for this friday the 12th....May god bless me :-)

Lay offs

Across industry lay offs are happening. Almost all companies where I have friends and mine including have had to ask people to go...This time I was also on the other side of the table and it was a real shaky experience, giving out the news...Even though much of retrenchment is because of performance issues, and people need to understand its a Jungle and one needs to be at the top of the game to survive. Infact all my friends/family has stayed clear of the layoffs except one friend whose mail came in yesterday..I hope things get better soon. The stocks are also down, and lots of my money is stuck owing to recent job changes. Then something or the else stupid stuff keeps happening. I have a policy with Max new york life insurance and i enrolled for ECS for payment of policy money, they don't raise the ECS request and then send me a letter for policy lapse. So for all concerned, max is a total NO NO for insurance. V V unprofessional.

Regionalism and MNS

The actions of MNS in recent months has garnered lot of debate all around. Recent action is http://www.rediff.com/news/2008/oct/19mns.htm What MNS wants is to break the one India we have into many many small states. Worst is that some people of maharashtra have actually been misled by him.. Even more worst is that people with similar mindset like him in other parts of india have also been encouraged. I was wondering that why is congress government (which is at both center and state) not doing anything about this, and then heard someone in a TV show say that, well Congress gets to divide the Shiv sena votes by working along with MNS, so both MNS and congress is gaining from the stupidity that is going on.. RAJ thackery has now become a nationally known politician, and we all know know that there is party of goons called as MNS. Shiv sena again cant complain about all this as they had been the ones doing this in the past to gain votes, and they fear to alienate thier present supporters, ...

Getting general insurance

General insurance is now not that simple, where you could get it from any vendor and get the same price and service. Now there are many vendors and the premium quoted by them differs a lot. I was surprised to see premium quotes at http://www.policybazaar.com .. ICICI lombard and royal sundaram are both offering a good premium, however my workshop people are not comfortable with any of them, so i shall go with reliance insurance, with whom i had insurance also last year.... They are offering a decent amount.. However i would strongly now suggest people to compare rates before buying any insurance

Kyun?

Kyun (Why)? is the favorite and often used phrase by my almost 3 yr old Daughter. It sometimes catches me by real surprise and I get dumbstruck. Sometimes its fun trying to answer the list of KYUN.. She makes a real concerned face when she says KYUN, and you are unable to decide if she is serious or joking...How to exactly respond...Guess this is a time which comes in the growing up of every child when he/she questions everything,,,,Probably another milestone in the journey of life..