Who will decide whether an application code can be bundled into KERNEL code or not?
1. Supreme Court
2. Congress
3. Administration
4. Company Management
5. Company Customer
6. End User
7. Software Developer/Designer/Security Expert
8. OEM (Original Equipment Manufacturer)
9. Depends on Competitor Software
Investigation is still going on the details of the fraud. There is still no clue on the missing cash and where did it go. The current numbers are just from the arrested's (Raju, Founder) mouth which cannot be trusted.
Within 5 days of scam the govt had stepped in. appointed new directors. Directors appointed audit and 2 new accounting firms to do complete audit of company from 2001. The 8 week audit will give a clear picture of the fraud numbers.
They are also hunting for new CEO and CFO. Even in US corporates are happy the way indian govt and intervened.
PAT(Profit After Tax) typically would be Rs 1000 crores per quarter for a company of Satyam size. Hence the fraud will be well over Rs 50,000 crores. Wondering why none of the Satyam Directors or Employees have filed a formal complaint with police (satyamfraud@cid.gov.in) http://satyastory.com/people/wage-slavery/
. The founder and his brother and CFO were arrested in 4 days after founder confessed to the scam. He is in an ordinary Jail along with his bro and CFO. Multiple agencies: SEBI, CID, CB-CID, CBI are investigating the case.
SEBI did not get Raju brothers custody to investigate the case. There is no CBI investigation. And surprising none of the political parties in India are demanding CBI investigation.
The lack of 10K employees is a baseless argument. Its currently under investigation though. One of the directors has also agreed that the 53K employee strength is true (http://www.thehindubusinessline.com/2009/01/26/stories/2009012651330100.htm)
This is not a reliable. The best source to ask for the number of employees in Satyam is some one in the accounts dept.
Satyam like TCS, WIPRO, Infosys and other multitude companies operate on the outsourcing model. The working culture, people, environment and pay scale is extremely well compared to other indian jobs. Due to this indians are very professional, well mannered and living a better lifestyle. They have absorbed the american culture completely. Indian IT also has reflected into other industries with better pays and more professionalism and higher ambitions which is fueling india's growth.
This FSCK up is due to a bunch of family greed.
To prevent Wage Slavery and Frauds(1) These companies must give Stock Options to all its employees.(2) These companies must comply with RTI Act http://en.wikipedia.org/wiki/RTI_Act
Finally, I suppose Satyam employees can seek Stock Options as Salary for January month.
1. Ramalinga Raju has siphoned away $7 billion of Satyam cash.
2. Most of this money landed in foreign banks through Hawala channels.
And the most surprising aspect till date is none of these Satyam Directors and Employees http://www.satyastory.com/ have filed a formal complaint with police (satyam@cid.gov.in)
WTF is wrong in making programming commodious?
There are lots of socio-economic problems in the world.
And software can play a major role in solving these problems.
The onus is on programmers to create a business model and solve these problems.
Only 15% of one billion Indians are earning more than $2 a day.
And they prefer to evade Taxes.
No Taxes means no Civilization.
And One Indian does not want fellow Indian to succeed.
Bribe or Caste is the only professional relation between any two individuals in India (politicians, business men, govt officials, judiciary etc).
Source of revenue for govt is corporate taxes.
Source of funds for political parties is corporate bribes.
"If it moves, tax it. If it keeps moving, REGULATE it. And if it stops moving, subsidize it." -- Reagon" I believe this will make America more competitive.
Slashdot Mirror
H1B Worker = Proprietary Software
American Worker = Open Source Software
Flexicurity
In India you don't even get a Cell Phone for $10
In Nepal too.
Teachers should be taught
"I hear and I forget. I see and I remember. I DO and I UNDERSTAND." --Confucius
Who will decide whether an application code can be bundled into KERNEL code or not?
1. Supreme Court
2. Congress
3. Administration
4. Company Management
5. Company Customer
6. End User
7. Software Developer/Designer/Security Expert
8. OEM (Original Equipment Manufacturer)
9. Depends on Competitor Software
OLPC = Tragedy of the commons
Problems With Mobile Security
In a typical client (demand) server (supply) model we are missing the ubiquitous distribution channel known as WWW.
I suppose every Web App Provider should roll out their own version of customized light weight browser for their application.
Your company management wants you to be Ambitious while they are Opportunistic in your case.
I suppose you may want to know the Time Value of Money.
I suggest to regulate market capitalization of companies (for e.g Microsoft) so that more opportunities are created for start-ups.
"If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."-- Reagon
I suggest to regulate market capitalization of companies (for e.g Microsoft) so that more opportunities are created for start-ups.
"If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."-- Reagon
"Behind every great fortune there is a crime." --Honore de Balzac
America is Democracy and not Meritocracy.
Hence it is imperative to accommodate adversity and appreciate diversity.
Globalization will only succeed when Wage Slavery (in Agriculture, Manufacturing & Services) is prevented in the 3rd World.
PAT(Profit After Tax) typically would be Rs 1000 crores per quarter for a company of Satyam size. Hence the fraud will be well over Rs 50,000 crores. Wondering why none of the Satyam Directors or Employees have filed a formal complaint with police (satyamfraud@cid.gov.in) http://satyastory.com/people/wage-slavery/
SEBI did not get Raju brothers custody to investigate the case. There is no CBI investigation. And surprising none of the political parties in India are demanding CBI investigation.
This is not a reliable. The best source to ask for the number of employees in Satyam is some one in the accounts dept.
To prevent Wage Slavery and Frauds(1) These companies must give Stock Options to all its employees.(2) These companies must comply with RTI Act http://en.wikipedia.org/wiki/RTI_Act
Finally, I suppose Satyam employees can seek Stock Options as Salary for January month.
Anatomy of Satyam fraud http://www.rediff.com/money/satyam.html?zcc=rl
1. Ramalinga Raju has siphoned away $7 billion of Satyam cash.
2. Most of this money landed in foreign banks through Hawala channels.
And the most surprising aspect till date is none of these Satyam Directors and Employees http://www.satyastory.com/ have filed a formal complaint with police (satyam@cid.gov.in)
Satyam Directors
Ram Mynampati
Vinod Dham
Mangalam Srinivasan
Vadlamani Srninavas
Rammohan Rao
Krishna Palepu
V.S. Raju
T.R. Prasad
WTF is wrong in making programming commodious?
There are lots of socio-economic problems in the world.
And software can play a major role in solving these problems.
The onus is on programmers to create a business model and solve these problems.
Who should decide whether a piece of code to run in Kernel mode or User mode?
Is it the Management or Programmer or User or OEM or Courts?
Only 15% of one billion Indians are earning more than $2 a day.
And they prefer to evade Taxes.
No Taxes means no Civilization.
And One Indian does not want fellow Indian to succeed.
Bribe or Caste is the only professional relation between any two individuals in India (politicians, business men, govt officials, judiciary etc).
Source of revenue for govt is corporate taxes.
Source of funds for political parties is corporate bribes.
Employers prefer to hire Wage Slaves. http://en.wikipedia.org/wiki/Wage_slavery
Patriotism is Oxymoron in Globalized World
I agree. And I wish every nation rolls out their own FLOSS based Operating System.
"If it moves, tax it. If it keeps moving, REGULATE it. And if it stops moving, subsidize it." -- Reagon"
I believe this will make America more competitive.