Posted on January 17, 2009

panch-tattva talk…the banks

Friends, The world’s biggest banks have been showing huge but expected losses. City Bank and BoA have shown losses but are under care of state. Since they will be funded , the overall credit cruch will be to lesser extent. Back in India, the banks are showing robust profits because low rates now have helped … Continue reading

panch-tattva talk…more to satyam

Friends, An illustrious board has been put in place. What is the real mandate for them is not clear to any body. Is it to restore to the shareholders’ money back to comapny, is it to find case to punish the guilty, is it to protect the future of emplyoyees, is it only to recast … Continue reading