the inner voice

Events unfolding within financial services and its implications on the company I work for and myself, sought of, kept me occupied. This period was quite happening though for India from both national and international perspectives. Most of these events evoked very strong and mixed reactions from the Indians with emotions ranging from awe to aversion and antipathy leading to very interesting debates. This post is more in the nature of commentary and my stand on some of the events. Not that my position is of any consequence or matters to anyone but could be read as views of the common man.   Let me quickly capture some of the epochal events. I begin with the positives. The opening of Taj, Mumbai for business on 6th Jan was a triumph of good over evil. The intensity of damage it had suffered and the quick rebound is a great testimony of our determination and only reinforces the belief that bad times don’t last. Unfortunately, it's five months since 26/11 and the trial has only just beg...

Hadn’t thought that I will have to start this year on a negative note. Infact first few days have been good and bullish of sort. There was an air of optimism all around. But today has been an unprecedented day in Indian Corporate History. Don’t know how many times have I used the word’unprecedented’ in recent times. Its becoming so common with defining events occurring frequently that it may lose its significance. Satyam Computer Services Ltd., a blue chip, belonging to the league of top 4 ITES houses (others being TCS, Wipro and Infosys) and darling of investors, admitted to fraud of shocking proportions, around INR 7000 Cr. (roughly $1.5 BN @ $:INR- 48). Coming from B Ramalinga Raju, who enjoyed very high credibility in India and overseas, and considered the new gen leader of emerging India, has made it even more appalling and disgraceful. I have met him once and he comes across such a humble and honest character, almost Gandhian in life and simplicity. Its understandable if this was...