I deal with ‘Mature and old’ organisations as well as new organizations. Here are some observations regarding some of the so called ‘successful’ mature organisations: Most of them need some rejuvenation if they have to still remain alive. They largely rest on their laurels. Some of them have terribly performing subsidiaries which have no claim […]
Why is it that in the case of Satyam and in the world wide mess it is largely the equity shareholder who is losing? Welcome to the world of moral hazard. When you lend money to a bank (which may be insolvent even as you are lending) or to a country (which technically cannot become […]
A senior official in the corporate affairs ministry told ET that “Icici Ventures wants a probe covering the entire working of Subhiksha to uncover possible mismanagement”. This is amazing. Icici ventures has also said that the accounts for June 2008 has not been presented to the Board of directors. And yet in Oct, 2008 they […]
This is crazy. What has happened in Satyam for me looks like an action replay. When Ketan Parekh was ramping up his’K10′ shares I was asked why am I not buying a particular ‘S’ software. It was flouted to me that a particular fast growing fund was buying its shares and the company was doing […]