Thursday, September 13, 2012
The Krishna Key: Book Review
Thursday, October 06, 2011
An iCon moves on
Ever since the first Macintosh was released in '84, the world has been divided into the apple'ites (if at all there is such a word) and the rest.
Even more than the divides he created in the computing world and the unification he brought into peoples lives through his vision, it was the fighting spirit with which he led his life that will be remembered forever.
One of the most inspiring speeches I have ever heard was made by him at Stanford. Those students at the commencement ceremony are surely going to remember the day when the greatest visionary of the technological world gave them a simple mantra..."Stay Hungry...Stay Foolish".
'Oh, and one more thing'...Steve Jobs, you will be missed but we know, even God couldn't resist the touch of Apple! R.I.P.
Sunday, April 03, 2011
It Was The Day
It was the day...when Rajnikant decided he had to watch it live after 28 Yrs.
It was the day...when the coin was tossed Twice!
It was the day...when the tears of Kambli were to be avenged.
It was the day...when a billion hearts beat as one.
It was the day...when the common man wept with the stars.
It was the day...when GOD showed his emotions.
It was the day...when the next gen was handed over the responsibility.
It was the day...when Captain Cool could do no wrong.
It was the day...when Kapils Devils gave way to Dhonis Cronies.
It was the day...when we brought home the cup once again.
Sunday, November 21, 2010
Guzaarish
A very different subject which probably in the hands of less skilled filmmakers would have been a disaster. Hrithik has proved again that words are futile when your eyes can speak. What an actor!
Essaying the role of a quadriplegic (Ethan Mascarenhas) and an ex magician who has been an inspiration for thousands of people, his fight with life and for a dignified death, Hrithik brings out the character so effortlessly.
The supporting cast sees some great actors who are all very true to their characters, except for maybe Rajat Kapoor who is overly dramatic at times.
The sets are grand with lots of fabric flying around...typical SLB style...but in the end, all that matters is the handling of the characters and the emotions.
Bas ek guzaarish, don't go if you simply are a Bhansali basher and can't stand Aishwarya hamming. However, if you are a Hrithik fan, go and watch him take acting to another level. Don't blame anyone if a few tears do find their way out in the process :-)
Friday, September 24, 2010
Stay Hungry Stay Foolish
Courtesy: Stanford University & YouTube
Saturday, September 18, 2010
Royal Visit
It was a bit difficult actually finding the location to the palace, but finally we reached there. The Bangalore palace which is believed to be modelled on the Windsor Castle (a common misconception) was built by the Wodeyar's. Though not as large as the Mysore Palace, this place is pretty elaborately designed and decorated. The present generation Wodeyar king in fact lives in the premises.
The Wodeyar coat of arms (with the royal emblem, Gandaberunda can be seen all around the palace. There is a nice audio guide which is mandatory for all visitors. Pretty informative and one can listen at a leisurely pace while moving around the building.
The two BMW's and one Merc at the palace entrance (with a royal emblem in front) did seem odd (as they were not so old and seemed to be in use); however, when we came to know that this was home to the present king, it did clear up the confusion.
The place is worth a visit and if you are a bangalorean who visits Mysore to see the palace, well now there is an option.
Ah Weekend...
In some strange way the current situation seems to be HIS way of saying, 'It's all for good'.
So, no complaints...All Izz Well :-)
Saturday, April 24, 2010
Finding Nemo
As kids, we had a huuuge aquarium at home with all kinds of fish in it. The trouble was when it required cleaning. A hell of a job to clean such a large tank. However, it was a real nice way to have pet and I have always enjoyed it. Though the thought crossed my mind several times, I couldn't really bring myself to buy an aquarium and so we got a bowl with Goldfish. However, last week, we finally got an aquarium as an addition to our Goldfish bowl with a couple of pair of Molly's and a pair of Swordtail.Sunday, March 14, 2010
That's 2 Down
Shouldn't really have lost those 3 wickets towards the end but a win is a win.
Is someone keeping count?
Saturday, March 13, 2010
Go KKR
Tiger count=1411+1
Korbo Ladbbo Jeetbo Re...
Friday, January 15, 2010
PI...No Please
Sunday, October 18, 2009
10.6.0
Got the Snow Leopard Upgrade yesterday but was it ferocious! Upgrading through the interface was supposed to be a cakewalk, but what would you do if the DVD is ejected as soon as you put it in the drive?
Well, tried some really weird solutions like changing the internationalization language to simple one's like booting options. Even safe boot, remote install, image burning on another comp failed.
What actually worked was a simple Superdrive lens cleaner through a cleaning CD.
The disk mounted smoothly after that and the install took a little more than an hour. Feels good to see that around 10GB of HDD space was recovered :D .
Haven't really seen an overwhelming change in the look and feel yet. But then it's been just a couple of hours. Performance seems to have improved a bit in terms of speed of applications opening up.
Well, I'll let the leopard prowl silently on the snow for a while and watch the elegance ;-)
Monday, October 12, 2009
2 States
He's back and with a bang.His latest novel is filled with the characteristic humour that one is used to; it is unputdownable; the characters are extremely real as always and one does gets engrossed completely once you start reading. Yes, Chetan Bhagat is back with his new story: '2 States-The story of my Marriage'
What's different is that, this time the protagonist is an extension of the hero from 5.someone (Another snippet of Chetan's life).
The story is so real that everyone of us would identify with it. You would have definitely seen those things happen to yourself or a friend or a relative for sure.
Chetan's youth oriented themes coated with reality makes the characters so likeable. I am sure, everyone of his books are compared to 5.someone which has become a benchmark of sorts and has inspired dozens of similar themed novels which all but failed to achieve that cult status. Chetan himself is no exception. People have trashed ON@TCC and 3-mistakes as below par, but loyal fans will love 2-states for sure. This one is a must read and recommended!
Sunday, July 19, 2009
Long Time No Writing...
Thursday, January 08, 2009
Ramalinga Raju's (A)Satyam!
Well, the new year has begun and what a way to start the year with. Tremendous news from the corporate world. Chairman of Satyam Computers resigned yesterday following a confession to a fraud of nearly 7000Crores! Come to think of it, it really wasn't all that surprising was it? With the World Bank revelations and the Maytas deal going bust...in hindsight, this seems more like expected news. What is surprising though is the extent to which the roots go and the way the scam has been pulled off over God knows how many years!
Received a scanned, FAX copy of Mr.Raju's resignation letter by mail yesterday. The text of the same is as below.
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To the Board of Directors,
Satyam Computer Services Ltd.
Dear Board Members,
It is with deep regret, at tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice:
The Balance Sheet carries as of September 30, 2008
Inflated (non-existent) cash and bank balances of Rs.5,040 crore (as against Rs. 5361 crore reflected in the books)
An accrued interest of Rs. 376 crore which is non-existent
An understated liability of Rs. 1,230 crore on account of funds arranged by me
An over stated debtors position of Rs. 490 crore (as against Rs. 2651 [cr.] reflected in the books)
For the September quarter (02) we reported a revenue of Rs.2,700 crore and an operating margin of Rs. 649 crore (24% Of revenues) as against the actual revenues of Rs. 2,112 crore and an actual operating margin of Rs. 61 Crore ( 3% of revenues). This has resulted in artificial, cash and bank balances going up by Rs. 588 crore in Q2 alone.
The gap in the Balance Sheet has arisen purely on account of inflated profits over a period of last several years (limited only to Satyam standalone, books of subsidiaries reflecting true performance). What started as a marginal gap between actual operating profit and the one reflected in the books of accounts continued to grow over the years. It has attained unmanageable proportions as the size of company operations grew significantly (annualized revenue run rate of Rs. 11,276 crore in the September quarter, 2008 and official reserves of Rs. 8,392 crore). The differential in the real profits and the one reflected in the books was further accentuated by the fact that the company had to carry additional resources and assets to justify higher level of operations — thereby significantly increasing the costs.
Every attempt made to eliminate the gap failed. As the promoters held a small percentage of equity, the concern was that poor performance would result in a take-over; thereby exposing the gap. It was like riding a tiger, not knowing how to get off without being eaten.
The aborted Maytas acquisition deal was the last attempt to fill the fictitious assets with real ones. Maytas’ investors were convinced that this is a good divestment opportunity and a strategic fit. Once Satyam’s problem was solved, it was hoped that Maytas’ payments can be delayed. But that was not to be. What followed in the last several days is common knowledge.
I would like the Board to know:
1. That neither myself, nor the Managing Director (including our spouses) sold any shares in the last eight years — excepting for a small proportion declared and sold for philanthropic purposes.
2. That in the last two years a net amount of Rs. 1,230 crore was arranged to Satyam (not reflected in the books of Satyam) to keep the operations going by resorting to pledging all the promoter shares and raising funds from known sources by giving all kinds of assurances (Statement enclosed, only to the members of the board). Significant dividend payments, acquisitions, capital expenditure to provide for growth did not help matters. Every attempt was made to keep the wheel moving and to ensure prompt payment of salaries to the associates. The last straw was the selling of most of the pledged share[s] by the lenders on account of margin triggers.
3. That neither me, nor the Managing Director took even one rupee/dollar from the company and have not benefited in financial terms on account of the inflated results.
4. None of the board members, past or present, had any knowledge of the situation in which the company is placed. Even business leaders and senior executives in the company, such as, Ram Mynampati, Subu D, T.R. Anand, Keshab Panda, Virender Agarwal, A.S. Murthy, Han T, SV Krishnan, Vijay Prasad, Manish Mehta, Murali V. Sriram Papani, Kavale, Joe Lagioia, Ravindra Penumetsa, Jayaraman and Prabhakar Gupta are unaware of the real situation as against the books of accounts. None of my or Managing Director’s immediate or extended family members has any idea about these issues.
Having put these facts before you, I leave it to the wisdom of the board to take the matters forward. However, I am also taking the liberty to recommend the following steps:
1. A Task Force has been formed in the last few days to address the situation arising but of the failed Maytas acquisition attempt. This consists of some of the most accomplished leaders of Satyam; Subu D, T.R. Anand, Keshab Panda and Virender Agarwal , representing business functions; and A.S. Murthy, Han T and Murali V representing support functions. I suggest that Ram Mynampà ti be made the Chairman of this Task Force to immediately address some of the operational matters on hand. Ram can also act as an interim CEO reporting to the board.
2. Merrill Lynch can be entrusted with the task of quickly exploring some Merger opportunities.
3. You may have a testatement of accounts’ prepared by the auditors in light of the facts that.I have placed before you.
I have promoted and have been associated with Satyam for well over twenty years now I have seen it grow from few people to 53,000 people, with 185 Fortune 500 companies as customers and operations in 66 countries. Satyam has established an excellent leadership and competency base at all levels. I sincerely apologize to all Satyamites and stakeholders, who have made Satyam a special organization, for the current situation. I am confident they will stand by the company in this hour of crisis.
In light of the above, I fervently appeal to the board to hold together to take some important steps Mr T R Prasad is well placed to mobilize support from the government at this crucial time. With the hope that members of the Task Force arid the financial advisor, Merrill Lynch (now Bank of America) will stand by the company at this crucial hour, I am marking copies of this statement to them as well.
Under the circumstances, I am tendering my resignation as the chairman of Satyam and shall continue in this position only till such time the current board is expanded. My continuance is just to ensure enhancement of the board over the next several days or as early as possible.
I am now prepared to subject myself to the laws of the land and face consequences thereof.
(B. Ramalinga Raju)
Copies marked to:
1. Chairman SEBI
2. Stock Exchanges
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Sunday, November 09, 2008
It's Never Farewell for Dada..
The Royal Bengal Tiger has played his last innings and went out for a duck. But then, if you compare it with history, the Great Sir Donald Bradman himself went out for a Zero in the final innings!
The 'Comeback Man' is not gonna make a comeback again. We bid him adieu for the last time tomorrow, when he gets on to the field agains Australia. Just wishing that he goes with a winning note just for the icing on the cake. :-)Thursday, September 18, 2008
A Wednesday!
Watched a movie of this calibre after a long long time. Looks like 2007 & 2008 is seeing the rise of a new breed of moviemakers in the Indian film Industry. People who understand the minds of today's India & who can connect to the new generation of Indians. An awake, no-nonsense & focussed junta.Wednesday, August 20, 2008
Thursday, August 14, 2008
Happy 62nd Independence Day to all! :-)
Tuesday, July 29, 2008
Chetan Bhagat @ Symbiosis, Pune
" Good Morning everyone and thank you for giving me this chance to speak to you. This day is about you. You, who have come to this college, leaving the comfort of your homes (or in some cases discomfort), to become something in your life. I am sure you are excited. There are few days in human life when one is truly elated. The first day in college is one of them. When you were getting ready today, you felt a tingling in your stomach. What would the auditorium be like, what would the teachers be like, who are my new classmates - there is so much to be curious about. I call this excitement, the spark within you that makes you feel truly alive today. Today I am going to talk about keeping the spark shining. Or to put it another way, how to be happy most, if not all the time.Where do these sparks start? I think we are born with them. My 3-year old twin boys have a million sparks. A little Spiderman toy can make them jump on the bed. They get thrills from creaky swings in the park. A story from daddy gets them excited. They do a daily countdown for birthday party – several months in advance –just for the day they will cut their own birthday cake.








