Archive for the 'Ethics' Category

EMPLOYEES of Satyam’s auditors debarred by ICAI

In Hindi there is a saying ‘Bali ka bakra’ – it is the goat which has to be sacrificed. There is no sacrificing of the lion or the elephant, but just a goat. We saw it in the case of the Adag -Reliance communication telecom scam also. Everybody knew who was the beneficiary. He was [...]

Letter from a grandfather to a grandson..

this was written in 2007-8 and appeared in an abridged form in moneycontrol ….   Hello, Congrats on the nice job you have got! With a degree from an Ivy League school this was a nice job to land. I know you have majored in Finance and are hoping to make money by the tons. [...]

Where is the gold?

What happens when gold prices go down? Do we know where all the gold is? Surely when the gold bubble bursts (not sure when, but it will) what will happen? Well for people who like to learn from history please remember that it went up 25 times in the 1970s! It started from an artificially [...]

Speak Asia!

Amazed that in a country where every data and content aggregator wants your data and articles free….there is speakasia.com! They want to pay me for MY OPINION and the opinion of other people that I am able to collect. More amazing that people believe that this is a marketable product and 19 lakh people are [...]

Ratan Tata: Is he clean?

No way how I am even thinking of attempting to answer this question! It is really a difficult question to answer, there is also my competence to answer such a difficult question. However look at what happened at Singur! Mr. Tata must be the only industrialist who did not succumb to the blackmailing of Mamta. [...]

Food Corruption of India!

Ration lines were in existence when I was in school. So one knew that India had a food shortage. Wheat used to be called PL480 wheat – what was unfit for consumption in US was sent to India. One of the honourable Ministers of yester-years Mr. C Subramaniam set up Food Corporation of India. This [...]