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Showing posts with label world's problem. Show all posts
Showing posts with label world's problem. Show all posts

June 10, 2009

Child Marriage - A Sin


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There are few things which are free of cast, religion and all other differences. One such thing is marriage. We select our life partner. We select them either by being with them are by knowing about them by some source. Marriage is a common aspect.


Is child marriage a common aspect? With technology even our marriages are growing. With the advent of internet and websites, there are many matrimony website which says us the details about life partner. Coming to the point, can you believe my words that, in some part of India the most sinful of act of child marriage is still prevailing!!! I know you all will like to close your tab because you may feel am lying something to increase my website rating. Am sorry your thought is wrong. In India, in Tamil Nadu, in kirshnagiri district the worst act of child marriage still prevails.

Before I say you about the problem I will give a brief description about this place. This is an economically, as well as educationally backward region. Most of the people here are uneducated, and am sure it’s very tough to find a graduate in this lot.I feel you have understood why the problem is there in this part of the nation. It’s worst to know that when the world is moving fast with education and other stuffs there is still a backward part where some unbearable activities still persists.
Can you believe if I say a girl who is studding in class 12 has a 10 months baby? Certainly not I suppose. Even I was like you when I saw the girl. You can say it was only one girl, but it was not so.
Oh god!!! I suffered a great shock when I saw as much as 30 such students who are married at the age of 15 and 17 and even below. Much more heart breaking news was that mostly every one had their own child.

India is a highly populated country. When it comes to Olympics we never score gold. We have just now opened our account. Why is this so? I have a strong point. It’s also because of child marriage. Yes of course I have a something to support to my point.
A girl, who was married at the age of 16, was a state level sports women. If we stop all this talents from growing not only gold we cant win even a bronze medal am sure. Don’t we have any act preventing this sinful action?
We certainly have, but then what is the use? Nothing!!! Not only this mostly no act is functioning in full flow in this sub continent. We have a lot rules and regulations but even a hand few are not know by the people. That’s the major reason for all this social evils.
Every one loves to get married. Every one wishes to have a kid but when they are kid am sure. Child marriage is the most uncultured action. Please stop it, are else you will be behind the bars. Don’t develop a handicapped society. Stop this social evil.

January 20, 2009

Billion Dollar's Secret- SATYAM


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Its all about SAYTAM

The Irony lies in the name SATYAM, which means Truth
The Original truth is that Mr. Ramalinga Raju, the promoter-chairman of Hyderabad, Headquarters SATYAM Computers, also a Politically Connected person, who was lying FOr Years to the Employees, the share Holders, Building up to India's Largest Ever Corporate Fraud OF Rs.7000 Crore. SATAYM one of the top 4 IT company in India After TCS, INFOSYS, Wipro and Ahead of HCL.

How it All Started?

December 16:
SATYAM Announces its decision to acquire a 100% stake In MAYTAS properties and 51% stake in MAYTAS infra at a cost of $1.6 Billion.
It is seen as a move to bail out MAYTAS, which was also promoted by Ramalinga Raju

December 17:
Investors’ fury forces Ramalinga Raju to reverse buy out Move.


December 18:
Satyam Decides To Hold a Board Meeting on Dec. 29 to consider a proposal for a buyback of its share.

December 19:
Center seeks help from registrar of Companies to examine Satyam Maytas Deal which they thought raised the issue of violating the rules.

December 21:
SATYAM- MAYTAS fiasco puts focus on the role of independent directors who along with the board had unanimously given a go-ahead to the deal. With the new companies bill providing for 33% of such directors on the Board, questions are raised regarding their failure of carrying out their Duties.

December 23:
World Bank Prohibits SATYAM for 8 years from Doing Business on charges of Date theft. According to the World Bank It says SATYAM was banned for improper benefits to the bank staff and Lack of Documentation on invoices provided.

December 24:
SATYAM stocks dip by a sharp 19% hitting a 52 week low of Rs.114.65. Stock Loses it Value by 75%.

December 25:
Mangalam Srinivasan resigns for moral responsibility for not casting a nonconformist vote against the acquisition deal of MAYTAS. SATYAM demands an apology From World Bank.

December 26:
A speculation among the people raised that Raju may not lead the Board meeting scheduled which is to be held on December 29th.

December 27:
SATYAM puts off the Board meeting Scheduled on December 29th.

December 28:
Company considers inducting a strategic partner and selling out its shares in the $2 billion company. It announces the Appointment of DSP Merill Lynch to advice on strategic options to enhance the shareholder value. Recasting of Board of Directors was also designated.

December 29:
Two directors, Krishna Palepu and ISB dean Rammohan Rao resigns.

December 30:
Ramalinga Raju writes a letter to his Employees assuring them that company would be back on the right track. He made awareness among the employees that company did not go wrong. But it Went off.

December 31:
Managing Director B.Ramalinga Raju sends out yet another letter to SATYAM associates on New year eve stating at length, why they should be proud to be the part of SATYAM.

January 1:
Rumor’s circle around indicating that Raju may have used their 5.8 crore shares to borrow Rs.1200 crores

January 5:
Faced with uncertainty SATYAM employees consider buying shares of the company from the market in hope of saving it from a unsympathetic take over.

January 5:
SATYAM Promoters stock holding falls to 3.6% from 5.1%.

January 7:
The Bully Chairman Ramalinga Raju resigns.
All these happenings gave a good role to the Auditors of SATYAM Computers, PricewaterhouseCooper (PwC) who was making up the companies accounts for past 3 years a Lie. All one needs to prove is that auditor was a party of a fraud. If so, he can be booked under the Companies Act 1956, and The Charted Accountants Act”.

As of now the Buzz that Vivek Paul, the former Vice chairman of Wipro, might be potential CEO For SATYAM. But there is a chase for SATYAM CEO Between Vivek Paul and Jerry Rao , that who will turn as GAURDIAN ANGEL FOR SATYAM.


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November 23, 2008

Different cause for World's Problem!!!



We all know, now the world is meeting its old friend"Recession", there are lots of reasons given behind it by many experts. Some of its reason which we felt caused recession has been listed out as simple as it can be done.

Current recession has been caused by high oil prices inferred from a recent report by CIBC chief economist JEFF RUBIN

Recession took its victory under the lead of oil price. The rapid fluctuation in the oil market made the countries to have a sit back in its economic position. Well before the other nations entered the recession Japan and Euro zone rushed for it.

Oil price changes had a close effect in stock market too. The invest made by the investor had an adverse effect over it,which reduced the values of investments by 40%. The world's strongest economy, U.S withstood this to some extent in the beginning but not fully,the other nations which were depending could not bear the stock fall which made them feel the heat of recession.

The fundamental cause for this recession is the regulatory norms followed by U.S.for the past two decades U.S had a low inflation rate. Which resulted it to ignore the completely basic economic cycle. This was first visible to united states 20 months ago,when they were trying to control the excess liquidity in the market. Then came the fall in their real estate. Amazing fact is that the real estate fell as much as, an house can be purchased in California for Rs.98000 which had a same effect all over the world.

The next main cause for this economic problem is,the world so called strongest bank failed maintain its position and was judged insolvent,it was none other than "LEHMAN BROTHERS". Its unsound idea to purchase a asset worthing more than its reserve caused its great fall in the industry of banking.

What so ever the reason may be for the world's fall the one who suffers are the developing nations only. Lots and lots of people are being driven away from jobs and result is fall in the economic level of the nations. The only person who get good job even during this time of recession are charted accountants by the name of cost reduction every company is sending their employees out and have also freezed their recruitment. With the worst economy policy of the U.S. every nation depending on it is now facing a lot problems which they are not able to manage.


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