Govt. washes its hands off Satyam

June 16, 2009

By: Subhadeep Bhattacharjee

The last ray of hope that many Satyamites put on sabbatical had about Government coming to their rescue has dwindled away with Corporate Affairs Minister Salman Khursheed stating that the Government won’t meddle into the affairs of the company. Ironically a fortnight ago Mr. Kursheed has stated that the Government wont turn a ‘blind eye’ on the future of Satyam employees. He said with Tech Mahindra taking on the company it was upto them to manage the company.

To be fair on the Government’s part there is very little that they could have done. Tech Mahindra surely had made its calculations right before stepping into the bid to buy the IT giant. The Government could not have interfered into the internal matters of a company and definitely not in the IT sector which has always tried to keep the Government at bay. Nobody expected fraud of this scale in Corporate India’s sunshine sector.

The biggest and the most obvious victims in all this has been the employees and more so those in the lower bands who were mostly non-billable. They have been hired and virtually thrown out of a company for no fault of theirs. The global slowdown has added to their woes with very few opportunities in the job market for them to switch to some other companies.

The events since the global slowdown has been a moment of truth for the entire nation. Our generation which had grown up blaming the government for each and every woe and believed privatisation was the answer to all our problem suddenly have doubts. We have seen how bad the corporate world can be. The fat salary cheques can be overnight replaced with pink slips for no fault of the employee.

The Government has lost a lot of controlling power it had over the economy about a decade back and many of our industry leaders want the government to have no control over the economy. Whether this is good or bad for us only time will tell but one thing is for sure the victims will always be the people at the bottom of the pyramid. The leaders who lead organization to shambles will try take their share of responsibility with a token ’salary cut’.


India no longer T20 champions

June 15, 2009

By: Subhadeep Bhattacharjee

If the loss to West Indies in the T20 World Cup match was disappointing the loss to England was heartbreaking for Team India fans. A billion dreams got shattered when Dhoni and his men failed to quality for the semi finals. With Australia’s first round exit many had fancied India’s chances of retaining the crown in cricket’s phata phat version. But the loss to Paul Collingwood side meant that India will no longer be referred to as the T20 Champions post June 21.

The main reason was the complete failure of the batting order in the tournament with the only exceptions being Rohit Sharma and Yuvraj Singh and to some extent Yusuf Pathan. Gautam Gambhir was a dud in all the matches and Suresh Raina seemed to have forgotten to carry his form from South Africa. Dhoni looked completely out of sorts in the tournament his attempt to change his natural game is proving expensive him as well as the team.

The bowling lacked lustre in all the matches and none of the bowlers performed consistently in the tournament. The team’s performance was so dull that even Bangladesh gave them a scare in the first match bringing back haunting memories of Port of Spain. Pragyan Ojha could only tame Bangladesh while Harbhajan Singh lost control over his line and length. Ishant Sharma did not seem to come out of the Knight Riders nightmares and the left arm trio of Zaheer Khan, RP Singh and Irfan Pathan had nothing special to talk about.
The only term that could be used to define Indian fielding in this tournament was pathetic. The Tendulkars, the Gangulys and the Dravids might not have been outstanding athletes but they always made India a good catching side but the men in Dark Blue displayed club cricket like performance when it came to manning the park. One thing which we failed to notice during the IPL was the form of our players. Apart from Rohit Sharma, Yuvraj Singh, Suresh Raina and RP Singh none of the Indian players were in great form.
The T20 World Cup is over for India with a match remaining against South Africa which they will have to play for honour. The team should put this behind and start focus their tour to West Indies which starts at end of the month. Hopefully the team will give their fans something to cheer bout from the Caribbean island.By

 

MS Dhoni

The main reason was the complete failure of the batting order in the tournament with the only exceptions being Rohit Sharma and Yuvraj Singh and to some extent Yusuf Pathan. Gautam Gambhir was a dud in all the matches and Suresh Raina seemed to have forgotten to carry his form from South Africa. Dhoni looked completely out of sorts in the tournament his attempt to change his natural game is proving expensive him as well as the team.

The bowling lacked lustre in all the matches and none of the bowlers performed consistently in the tournament. The team’s performance was so dull that even Bangladesh gave them a scare in the first match bringing back haunting memories of Port of Spain. Pragyan Ojha could only tame Bangladesh while Harbhajan Singh lost control over his line and length. Ishant Sharma did not seem to come out of the Knight Riders nightmares and the left arm trio of Zaheer Khan, RP Singh and Irfan Pathan had nothing special to talk about.

The only term that could be used to define Indian fielding in this tournament was pathetic. The Tendulkars, the Gangulys and the Dravids might not have been outstanding athletes but they always made India a good catching side but the men in Dark Blue displayed club cricket like performance when it came to manning the park. One thing which we failed to notice during the IPL was the form of our players. Apart from Rohit Sharma, Yuvraj Singh, Suresh Raina and RP Singh none of the Indian players were in great form.

The T20 World Cup is over for India with a match remaining against South Africa which they will have to play for honour. The team should put this behind and start focus their tour to West Indies which starts at end of the month. Hopefully the team will give their fans something to cheer bout from the Caribbean island.


BJP seems to be in complete disarray

June 14, 2009

 

By: Subhadeep Bhattacharjee

The resignation of Yashwant Sinha from the BJP shows that saffron brigade is in complete disarray. The party’s lacklustre performance in the Lok Sabha polls has meant that there is infighting and chaos within the party. The recently concluded poll results show that the party which ran the first non-Congress government at the centre for five years has lost tune with the voters across the country. Its support base is slowly dwindling away from it and moving towards India’s grand old party the Congress.

Many in the BJP has cited the moving away from the Hindutva as the reason for the defeat in the 2004 Lok Sabha polls but the saffron brigade seems to have no answer for its loss in 2009. They had backed hardliner Hinduism by endorsing Varun Gandhi’s speech but that backfired not only across the country but even in Uttar Pradesh once BJP’s bastion. It is from the same UP that the BJP had risen in the last two decades to challenge the Congress.

In the late 90’s BJP was termed ‘a party with a difference.’ The average middle class Indian frustrated with Congress’ shabby economics policies saw leadership in the persona of Atal Bihari Vajpayee and Lal Krishna Advani. They believed here was one party whiBy: Subhadeep Bhattacharjee The resignation of Yashwant Sinha from the BJP shows that saffron brigade is in complete disarray. The party’s lacklustre performance in the Lok Sabha polls has meant that there is infighting and chaos within the party.ch won’t promote dynasty politics, which has leaders with a corruption free background, a party which won’t misuse Article 356 a thing which the Congress had mastered and above all lead India from being a third world country to a global superpower. But the ‘party with a difference’ seems to have become the ‘party with differences.’

One of the key reasons for the infighting in the BJP comes from the fact that the second level leaders were never groomed to take over the charismatic Atal Bihari Vajpayee and the dynamic Lal Krishna Advani. The Sushma Swarajs, Rajnath Singhs, Arun Jaitleys and Yashwant Sinhas were all equals under the shadow of Vajpayee and Advani but none of them could emerge as a consensus candidate within their own ranks. The Congress never had this problem due to the presence of the Gandhis who will rule the party for ever.

The first major task for the BJP will be to dowse the flames within and do a complete overhaul of their party. They have to come out of the shadow of Hindutva and feel the pulse of a common Indian who needs security and development ahead of a Ram Temple in a certain city called Ayodhya. Keep the Modis and the Varun Gandhis out and promote the Arun Jaitleys. BJPs existence in necessary for the UPA to function well as the fear of being voted out in the last 15 years has propelled the various governments to take developmental steps.