The Candid Eye

June 6, 2009

Satyam(?) layoffs..

Corporate affairs minister Salman Khursheed has recently said today that the goverment will not let Satyam(??) to layoff its employees.The minister hinted at the government’s “active involvement” in the company’s affairs even after its takeover by Tech Mahindra of Mahindra and Mahindra group.More on this here.

I wonder whether this company is Tech Mahindra or Satyam.Will he take this same stance if Satyam had been acquired by some US based company?I can only say this goverment’s decision is like robbing Peter inorder to pay Paul.As long as Satyam is governed by goverment, goverment may make any claim on it provided it has its share in it.Can’t the goverment leave the private sector alone without tying its hands behind?Satyam scandal is a fraud committed by Ramalingam Raju.But asking some one else to bear the brunt of it is not justifiable.Even after taking over the sunken company,Tech Mahindra has to pay for its benchers.

But what had prompted Ramalingam Raju to commit such a fraud?Why did he do that in the first place?Is he alone responsible for this fraud? Satyam was the company which not only recruited top performers from reputed colleges but also many graduates who are from second and third rung institutes.It gave them an oppurtunity to perform and prove themselves as good as anyother.Many lower class familes have become considerably wealthier.Some of the recruited people, particularly the benchers have become liability for them.In a globalised economy,these things have become common. Gurcharan Das has clearly described the events which had led Satyam to bankruptcy in his blog.

Similar news on Tech Mahindra layoffs is here. The news clearly says that the technical test is not compulsory for every employee.Even then there is so much fuss about this.It is sad and unfortunate that these many employees are facing the layoff threat.But this won’t be permanent.Even if they are laid off, these techies will be able to find their way.Definitely they don’t want to be spoon fed by the goverment.


June 4, 2009

Decision Engine….

Filed under: Technology — thecandideye @ 3:00 AM
Tags: , , , ,

Tired of looking numerous websites to get that single piece of information that you need?You may want to buy some latest model laptop,digital camera or virtually anything that you need after doing a lot of painstaking research on the net to decide which product is the best in quality and gives value for money.

You may want to fly to your destination and want to know the best possible offers or deals that umpteen airlines have to offer.You will find yourself searching madly that specific deal suitable for you which offers the lowest airfare with superior service.

You may want to stay in a hotel in a new city and want to know the comfortable,easy-to-reach, cheaper hotel.You may not get your hotel of choice without spending an hour/two on the internet, reading the reviews of the users in the various websites and forums to make a decision.

You may want to send a nice flower bouquet to your beloved ones.You don’t know who are all the florists who can deliver this bouquet on time and at a discounted rate.You may again have to do the reasearch on the net for sometime.

Well..The “Bing” team says you don’t have to do all these things anymore..For more information check out here.

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