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Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9880
Registered: 05-2004
Posted From: 136.1.1.101
Rating:N/A
Votes: 0(Vote!) | | Posted on Friday, January 09, 2009 - 10:11 am: |    |
okkati artham kavatam ledu,,
current company turnover is $2,140,000,000
Monthly expenditure (~580Crores per month) $1,480,851,064
Balance remaining $659,148,936
which is INR 3098, 00,00,000
enta ledanna.. company should be in profit.. anta bhayankaram gaa funds tinesara.. leka where the situation has gone wrong? |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33140
Registered: 03-2004
Posted From: 203.200.218.112
Rating:N/A
Votes: 0(Vote!) | | Posted on Friday, January 09, 2009 - 6:20 am: | |
yeah..ipudu telisindhi enti ante..mail vachindi kani 2 months salary ivvamu ani kadu
oka 2 months salary delay ayina dhairyam ga vundandi ani
also 15k sure to be shown doors
andaru donga naa dash le.. |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15907
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Friday, January 09, 2009 - 6:16 am: | |
rediff loo chosava leka evarana chepara ? rumors anta kadha..
First act , Then improve..  |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33135
Registered: 03-2004
Posted From: 203.200.218.112
Rating:N/A
Votes: 0(Vote!) | | Posted on Friday, January 09, 2009 - 5:43 am: | |
yes
andaru donga naa dash le.. |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15899
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Friday, January 09, 2009 - 5:42 am: | |
Nijama ? too sad kadha..
First act , Then improve.. |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33130
Registered: 03-2004
Posted From: 203.200.218.112
Rating:N/A
Votes: 0(Vote!) | | Posted on Friday, January 09, 2009 - 5:28 am: | |
employees were given mail that they cannot give salary for 2 months..
andaru donga naa dash le.. |
Blazewada
Pilla Bewarse
Username: Blazewada
Post Number: 590
Registered: 08-2008
Posted From: 192.193.164.8
Rating:N/A
Votes: 0(Vote!) | | Posted on Friday, January 09, 2009 - 4:41 am: | |
Ramalingaraju in his kompalli guest house
http://www.andhrajyothy.com/latestmainshow.asp?qry =/2009/jan/9new25 |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9852
Registered: 05-2004
Posted From: 136.1.1.101
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 9:24 am: | |
//I think so too , with this credit crunch and companies struggling for liquidity...
I think this quarter will see some worst fall for IT,, companies will not give inflated results which will result in share price fall |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9177
Registered: 08-2006
Posted From: 76.109.147.47
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 7:35 am: | |
Codes :govt dabbulu istam anta vunte bank luu voddu voddu antunayi..
SBI odu ee year 20k+ hire sestadu anta, mana RBI regulations baga paatinchatam helped us at this crunch hour |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15883
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 7:02 am: | |
ani desalu okala vunte maa desam inko laa vundi.. govt dabbulu istam anta vunte bank luu voddu voddu antunayi.. 
First act , Then improve.. |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15882
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 5:08 am: | |
yea ee credit crunch rakapote , he would have survived for couple of years.. mana stock market will see new lows soon ani anukuntuna.. Q3 results vostayi kadha , ipudu companies evana inflated figures vunte vatini sari chesukuntaru.. 
First act , Then improve.. |
Penkonda_tiger
Yavvanam Kaatesina Bewarse
Username: Penkonda_tiger
Post Number: 4219
Registered: 06-2005
Posted From: 194.151.209.68
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 5:00 am: | |
<<mama , satyam said their margin is 3% .. mari antha takkuva vunda market loo ? how come it is around 30% to the likes of wipros & infys ??
andharu inflate chesi dobbutunatu vunnaru.. hehe>>
I think so too , with this credit crunch and companies struggling for liquidity . I think many condomns will fall of the closet .. |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15881
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 4:46 am: | |
yea me too.. ivala evening interim CEO press conference vundi anta.. eti cheputado choodali..
mama , satyam said their margin is 3% .. mari antha takkuva vunda market loo ? how come it is around 30% to the likes of wipros & infys ??
andharu inflate chesi dobbutunatu vunnaru.. hehe
First act , Then improve.. |
Penkonda_tiger
Yavvanam Kaatesina Bewarse
Username: Penkonda_tiger
Post Number: 4215
Registered: 06-2005
Posted From: 194.151.209.68
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 4:37 am: | |
GF bedar .. I am wondering on the effect on our KCheeesss |
Penkonda_tiger
Yavvanam Kaatesina Bewarse
Username: Penkonda_tiger
Post Number: 4214
Registered: 06-2005
Posted From: 194.151.209.68
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 4:36 am: | |
<<kevvu keka...>>
ChaaVu keeka |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15880
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Thursday, January 08, 2009 - 2:27 am: | |
NYSE loo 99.89% padindi kadha.. darunam gaa kudisi poyindi company.. employees kee emi problem avakapote bagundu..
kathima IT companies meeda kooda entho kontha effect pade tatu vundi dini valla.. evarana tondarga takeover chesukunte koddiga employees anna safe avutaru..
First act , Then improve.. |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9848
Registered: 05-2004
Posted From: 68.43.246.110
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 11:07 pm: | |
kevvu keka... |
Gudivada04
Kurra Bewarse
Username: Gudivada04
Post Number: 2277
Registered: 09-2004
Posted From: 96.51.89.234
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 11:02 pm: | |
http://eenadu.net/homelink.asp?qry=cartoon
KEKA |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9846
Registered: 05-2004
Posted From: 68.43.246.110
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 10:45 pm: | |
ippudu company etavuddi anedi oka big question mama..
1. is there enough money for company to survive and even to give the employees the salary?
2. or they cannot survive unless somebody takes over the company.
3. who will buy immediately such a big company..
4. Huge client base undi, if even big projects get cancelled, employees are done..
5. Ee recession lo who will survive? |
Khanna
Pilla Bewarse
Username: Khanna
Post Number: 715
Registered: 04-2005
Posted From: 68.198.151.34
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 10:05 pm: | |
 |
Gochi
Bewarse Legend
Username: Gochi
Post Number: 57234
Registered: 07-2004
Posted From: 24.229.138.244
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 10:04 pm: | |
I agree Gochesh. But I think this is pretty common.
I agree antaavu,but antaavu.... matter ento cleargaa seppu nee yenks ratti bro
Bewarse Legend Of The Year 2008 Award winner  |
Gochi
Bewarse Legend
Username: Gochi
Post Number: 57233
Registered: 07-2004
Posted From: 24.229.138.244
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:56 pm: | |
swarry tingesh, emotionlo evari fosto soosukoledhu 
Bewarse Legend Of The Year 2008 Award winner |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9174
Registered: 08-2006
Posted From: 76.109.147.47
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:47 pm: | |
ikakda GS,Citi andaru sesedi ide anta..akkada frds work chestunnaru kabatti telisindi...dorakanantha varaku doralu |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9173
Registered: 08-2006
Posted From: 76.109.147.47
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:46 pm: | |
Gochi :all these years they were cheating on what basis, and why it came now,, is a big question..
musicesh ante nannu antava  |
Rratna
Celebrity Bewarse
Username: Rratna
Post Number: 10451
Registered: 03-2004
Posted From: 24.172.181.227
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:46 pm: | |
I agree Gochesh. But I think this is pretty common. |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9172
Registered: 08-2006
Posted From: 76.109.147.47
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:46 pm: | |
gosi ba
adi naa view kadu, vere evarido le..nuvvu seppinatlu aa letter sooste dil se anipinchindi..inni years effort one day lo aipoyindi ba, NYSE lo 1cent ipudu 
employees kooda full tension lo untaru ipudu |
Gochi
Bewarse Legend
Username: Gochi
Post Number: 57232
Registered: 07-2004
Posted From: 24.229.138.244
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:39 pm: | |
all these years they were cheating on what basis, and why it came now,, is a big question..
ippudenduku vacchindhi ante stock market crunch valla tingu baa,he was not able to raise enough money to coverup....inkaa chaana companyllo fraud ee stockmarket crisis valla bayatikosthaayani naa guessings
Bewarse Legend Of The Year 2008 Award winner |
Gochi
Bewarse Legend
Username: Gochi
Post Number: 57231
Registered: 07-2004
Posted From: 24.229.138.244
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:35 pm: | |
inkaa family enti tingu baaa,innellu thanu padda kastam,penchina organization,paruvu,prathista anni poyaayi.....inka emanna migilina jeevithaantham courtla chuttu thiragaali....basic gaa company ni save cheddaam ani oka thappu,aa thappuni cover cheskodaaniki inkokati,tharavatha inkokati ilaa chesukuntu vellaaadu, chivariki dhaachi pettalenantha ayyi box baddalayyindi....though he was greedy / took wrong path, I feel pity for him
Bewarse Legend Of The Year 2008 Award winner |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9171
Registered: 08-2006
Posted From: 76.109.147.47
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:32 pm: | |
eenadu motham ide news, also upaid case choosaka ardham avutundi, too much corruption |
Diwakaram
Mudiripoyina Bewarse
Username: Diwakaram
Post Number: 5702
Registered: 05-2005
Posted From: 116.197.178.83
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:29 pm: | |
too pathetic..
Looks like PWC the auditors of Satyam are not good.Their credibility is also at big stake now.. |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9170
Registered: 08-2006
Posted From: 76.109.147.47
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:17 pm: | |
Gochi :sivariki evaro okaru bakaraa avvaali kaabatti raju ni sesaaru
gosi ba
idi tappu, manalni bakra sestunnaru. inko version entante madoff laga "only i am the mastermind,rest innocent" ane point tho valla family ki money transfer chesuntadu ani |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9845
Registered: 05-2004
Posted From: 68.43.246.110
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:04 pm: | |
//vaallandariki theliyakundaa undadhu muzic baa,sivariki evaro okaru bakaraa avvaali kaabatti raju ni sesaaru
telustundi kani all these years they were cheating on what basis, and why it came now,, is a big question.. |
Gochi
Bewarse Legend
Username: Gochi
Post Number: 57228
Registered: 07-2004
Posted From: 24.229.138.244
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 8:50 pm: | |
vaallandariki theliyakundaa undadhu muzic baa,sivariki evaro okaru bakaraa avvaali kaabatti raju ni sesaaru
Bewarse Legend Of The Year 2008 Award winner |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9831
Registered: 05-2004
Posted From: 68.43.246.110
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 8:00 pm: | |
Accured interest which is not existing
376Rs crores
understated liability
1230Rs crores
over stated debtor position
490Rs crores
artificial cash and bank balances going
588Rs crores
Inflated cash reserves that doesnt exist
5361Rs crores ( idi anta clear gaa ledu RRaju letter lo )
Total balance sheet fraud in Satyam
8045 crores..
vammo intakalam emi chestunnaro.. accountants, CFO, Auditors ki teliyakunda jaragadu ee fraud.. |
Rrc
Yavvanam Kaatesina Bewarse
Username: Rrc
Post Number: 4829
Registered: 04-2006
Posted From: 76.117.90.151
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 6:13 pm: | |
Place for SALE |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9826
Registered: 05-2004
Posted From: 68.43.246.110
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 5:38 pm: | |
news lo dubai lo unnadani annari...
yes you are correct he came to texas ani atunnaru. |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9164
Registered: 08-2006
Posted From: 205.157.110.11
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:58 pm: | |
music mama
undercover poledu, US lo courtcase attend kavataniki vastunnadu. NYSE lo list aindi kada, undercover velte US odu oorukodu |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9824
Registered: 05-2004
Posted From: 136.1.1.101
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:39 pm: | |
there are rumors that Meryll Lynch whom Satyam hired, found this and asked Raju to come public or they will do it..
So Raju has resigned and gone under cover.. |
Dilligaf
Kurra Bewarse
Username: Dilligaf
Post Number: 1795
Registered: 06-2005
Posted From: 192.44.136.113
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:21 pm: | |
Tv9 which makes a lot of noise for seemingly small issues is conspicuously silent over the entire Satyam drama unfolding in the full media glare. The channel also tried to enlighten the public that its only an accounting fraud but not embezzlement of funds by Ramalinga Raju. Wonder what could be the reason. Probably it is thinking about its future now.
The 1000 crore investment which Ravi Prakash had planned to launch a pan Africa and Middle East might come a stand still with this single event. The 500 crore fund process of Soft Bank of Japan for its Indian Operations may stop at the 100 crores advance which has already been collected by the network.
Its promoters Srini Raju, Sanjay Reddy, Sunil Awasthy and Etisalat combine have already lost more than a few 100 crores today in the stock market. Lets wait and see if more skeletons tumble out of the Satyam cupboard.
Does It Look Like I Give A Fuxkk!!!! |
Gochi
Bewarse Legend
Username: Gochi
Post Number: 57212
Registered: 07-2004
Posted From: 24.229.138.244
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:07 pm: | |
Bewarse Legend Of The Year 2008 Award winner |
Srntrfan2006
Pilla Bewarse
Username: Srntrfan2006
Post Number: 701
Registered: 10-2006
Posted From: 146.122.73.114
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:06 pm: | |
naaku wipro medu doubteee.Still i dont underatnd how they are showing 30+ growth.
I hope i am wrong  |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9819
Registered: 05-2004
Posted From: 136.1.1.101
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 2:34 pm: | |
//media edavalu raju ni maree bad ga soopistunnaru, dorikinode donga kada.
adi correct, mama ee cooking is common in all companies. but the magnitude is shocking..
no company will be clean in publishing the financial results every quarter. they do manipulate to meet the expectations.
I have seen this how they do to meet minimum requirements that are needed to publish as results.. Like if they exceed, they show it in next quarter, if they are below, they try to get money earlier to show in results..
These are all common practises in all companies |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9160
Registered: 08-2006
Posted From: 205.157.110.11
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 2:00 pm: | |
media edavalu raju ni maree bad ga soopistunnaru, dorikinode donga kada. |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9817
Registered: 05-2004
Posted From: 136.1.1.101
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 1:23 pm: | |
but cooking upto 5000 crores is something too big to imagine.. Not sure how long it took to reach that amount.. |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9816
Registered: 05-2004
Posted From: 136.1.1.101
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 1:20 pm: | |
//crediblity loss , ee business lo adi chala debba kada
yes thats true mama.. It will take some time to revive with new management or possible take over from by other company...
Entire blame is going to Raju.. |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9159
Registered: 08-2006
Posted From: 205.157.110.11
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 1:17 pm: | |
music mama
ipudu cashflow,survival di kadu problem. crediblity loss , ee business lo adi chala debba kada |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9815
Registered: 05-2004
Posted From: 136.1.1.101
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 1:15 pm: | |
//GE lanti clients contract renew cheyakapothe ipudu inko pedda debba
New management has really tough job on their back to get things in place.
Actually situation is not very bad.. it might not have money as everybody thought,, but its not yet in losses... |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9148
Registered: 08-2006
Posted From: 205.157.110.11
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 12:22 pm: | |
//While I have no doubt in my mind that Law will take its own course,//
idi soodagane navvu agaledu naku, language edaina sare same davilogue :P |
Dilligaf
Kurra Bewarse
Username: Dilligaf
Post Number: 1794
Registered: 06-2005
Posted From: 192.44.136.113
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 11:57 am: | |
http://www.greatandhra.com/ganews/viewnews.php?id= 12268&cat=10&scat=25
Text of YSR's letter to PM on Satyam fraud
Today's revelations of the Chairman of Satyam Computer Services Limited have come as a grave shock to everybody in the country. We, in Andhra Pradesh State, are particularly disturbed as the headquarters of the company is in Hyderabad with many operational facilities spread across the State.
While I have no doubt in my mind that Law will take its own course, our major and immediate concern is about the fate of 53,000 employees of the company. As you may be aware, majority of the clients / customers of the company are Fortune 500 companies, who will be averse to do business with companies having fraudulent managements and they will have every right to cancel the existing contracts, which will jeopardize the interests of the employees and innocent shareholders.
I, therefore, urge you to kindly constitute a management team with immediate effect comprising of personalities of globally known integrity and competence viz., Sri Azim Premji, Sri Narayana Murthy and Sri Ramadorai to manage affairs of the company to restore the confidence of the global customers in its business continuity, so that the interests of the employees and other stakeholders are protected till an alternative credible management is put in place for the company.
Yours sincerely,
(Dr.Y.S.RAJASEKHARA REDDY)
Dr. Manmohan Singh,
Prime Minister of India,
New Delhi.
-------------------------------------------------- ------------------------
The above letter was also sent to:
Sri P.Chidambaram, Union Home Minister, Sri Montek Singh Ahluwalia,
Deputy Chairman, Planning Commission and Sri Prem Chand Gupta, Union
Minister for Company Affairs.
Does It Look Like I Give A Fuxkk!!!! |
Musicfan
Mudiripoyina Bewarse
Username: Musicfan
Post Number: 9813
Registered: 05-2004
Posted From: 136.1.1.101
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 11:07 am: | |
looks very scary. 53000 employees in panick mode.. rediff vadi uvacha..
what will happen no body knows, if projects get cancelled and in this recession how will atleast 53000 people get a job..
with so much liability, will anybody buy it very much doubt |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9145
Registered: 08-2006
Posted From: 205.157.110.11
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:40 am: | |
pras mama
cbn, ysr a2 kooda affect seyaleru emo ee issue lo. idemaina votes konatam,project lo scam seyatam kadu kada. every rupee should be accounted for, no matter how long u manipulate one day they will get caught |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33118
Registered: 03-2004
Posted From: 117.197.213.67
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:37 am: | |
ysr: deeniki maku emi sambhandham ledhu?
satyam lo CBN investments unnayani satyam meeda ysr hastam padindhani oka bhogatta...
andaru donga naa dash le.. |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9143
Registered: 08-2006
Posted From: 205.157.110.11
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:21 am: | |
pcch,unnecessary ga ee position ki vachadu. GE lanti clients contract renew cheyakapothe ipudu inko pedda debba |
Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx
Post Number: 9142
Registered: 08-2006
Posted From: 205.157.110.11
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:19 am: | |
Nyse lo trading stop sesinatlunnaru, premarket lo 9 nunchi .9 ki padindi, office ki vache lopu trading aapesaru edavalu |
Kalki
Bewarse Legend
Username: Kalki
Post Number: 24102
Registered: 04-2005
Posted From: 216.136.6.215
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 9:05 am: | |
appi gaadi leg mahima aa???
Nacchavule ...  |
Edo_okati
Celebrity Bewarse
Username: Edo_okati
Post Number: 14497
Registered: 03-2007
Posted From: 198.179.142.6
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 8:32 am: | |
He resigned becasue of Appi's billing rate.
Mee HERO istam aithey intlo patam pettukuni roju kobbari kayya kottu DB lo gola yendi -- Drifter (Nayakudu) |
Gochi
Bewarse Legend
Username: Gochi
Post Number: 57205
Registered: 07-2004
Posted From: 24.229.138.244
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 6:09 am: | |
Bewarse Legend Of The Year 2008 Award winner |
Pokiriraja
Celebrity Bewarse
Username: Pokiriraja
Post Number: 10578
Registered: 02-2005
Posted From: 125.62.208.59
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 5:03 am: | |
 .
NANADAMURI TARAKA RAMUDIKI HANUMANTHUDHINI NENU |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15879
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:53 am: | |
chepatam kastam mama.. motham antha lands meeda vundi valla dabbu.. but vidu vopukuna ee fraud gurinchi naku last mnth telisindi..
First act , Then improve.. |
Penkonda_tiger
Yavvanam Kaatesina Bewarse
Username: Penkonda_tiger
Post Number: 4213
Registered: 06-2005
Posted From: 62.177.160.141
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:52 am: | |
come into Gmail .. , need to tell you some Inside info on Pess  |
Penkonda_tiger
Yavvanam Kaatesina Bewarse
Username: Penkonda_tiger
Post Number: 4212
Registered: 06-2005
Posted From: 62.177.160.141
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:50 am: | |
<<who cares if he is repenting.. he made his money..
ohh sari bokka loo este , kathima vallu kooda jagaratha gaa vuntaru.. >>
GF bedar , you might have inside Info .. how much do u think he might have made .. |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15878
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:40 am: | |
who cares if he is repenting.. he made his money..
ohh sari bokka loo este , kathima vallu kooda jagaratha gaa vuntaru.. 
First act , Then improve.. |
Penkonda_tiger
Yavvanam Kaatesina Bewarse
Username: Penkonda_tiger
Post Number: 4211
Registered: 06-2005
Posted From: 62.177.160.141
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:38 am: | |
He showed be punished , for playing with Share Holders money,for trying to dupe so many people .. so now its very evident he lost his way and lost his ideals . But seems like a person who wants to repent for his fraud . |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33114
Registered: 03-2004
Posted From: 117.197.209.214
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:33 am: | |
full text of raju's letter:
To the Board
of Directors
Satyam Computers Services Ltd.
From B. Ramalinga Raju
Chairman, Satyam Computer Servcies Ltd
Dear Board Members,
It is with deep regret, and tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice:
1. The balance sheet carries as of September 30, 2008
a) Inflated (non-existent) cash and bank balance of Rs 5,040 crore (as against Rs 5361 crore refglected in the books)
b) An accured interest of Rs 376 crore which is non-existent
c) An understated liability of Rs 1,230 crore on account of funds arranged by me
d) An over stated debtor position of Rs 490 crore (as against Rs 2651 reflected in the books)
2. For the September quarter (Q2) we reported a revenue of Rs 2,700 crore and an operating margin of Rs 649 crore (24 per cent of revenues) as against the actual revenues of Rs 2,112 crore and an actual operating margin of Rs 61 crore (3 per cent of revenue). 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 the 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 the poor performance would result in a takeover, 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, not 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 know 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 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 benefitted 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, Kesab Panda, Virender Agarwal, A S Murthy, Hari T, S V Krishnan, Vijay Prasad, Manish Mehta, Murali V, Sriram Papani, Kiran Kavale, Joe Lagioia. Ravindra Penu Metsa, Jayaraman and Prabhakar Gupta are unaware of the real situation as against the books of accounts. None of my or managing directors immediate or extended family members has any ideas about these issues.
Having put the 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 out 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 Aggarwal, representing business functions, and A.S.Murthy, Hari T and Murali V representing support functions. I suggest that Ram Mynampati 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 �restatement of accounts� prepared by 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 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. Mt T R Prasad is well placed to mobalize support from the government at this crucial time. With the hope that members of the Task Force and the financila 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 circumustances, 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 contribution 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 fact the consequences thereof.
(B. Ramalinga Raju)
Copied marked to:
1) SEBI Chairman
2) Stock Exchanges
andaru donga naa dash le.. |
Penkonda_tiger
Yavvanam Kaatesina Bewarse
Username: Penkonda_tiger
Post Number: 4210
Registered: 06-2005
Posted From: 62.177.160.141
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:27 am: | |
i will buy Satayam Shares  |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15877
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:27 am: | |
yea dabbulu bagane vunayi ley , kani paruvu pogatu kunaru kadha.. maytas nilabadite parvaledu , adi attu ittu aite debba padipotaru..
First act , Then improve.. |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15876
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:25 am: | |
sachinoda , brathike vundava.. 
indaka avesa padi , excitement ekkuva ayi.. 50 Rs kee ohh 1000 konna.. 30 range loo inko 1000 kondam anukuntuna..
First act , Then improve.. |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33113
Registered: 03-2004
Posted From: 117.197.209.214
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:23 am: | |
presently is rs. 32
andaru donga naa dash le.. |
Peekavle_tokka
Mudiripoyina Bewarse
Username: Peekavle_tokka
Post Number: 9096
Registered: 05-2006
Posted From: 121.246.229.207
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:23 am: | |
1 to 2 % lands vunnai vallake state mottam meeda.... city lo ekkadikellina voorichivara valla landsee.... bagane voodchesaaru...
Be Pleasant all the time - No matter what the situation...  |
Peekavle_tokka
Mudiripoyina Bewarse
Username: Peekavle_tokka
Post Number: 9095
Registered: 05-2006
Posted From: 121.246.229.207
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:22 am: | |
30/- vastundi... just wait..
Be Pleasant all the time - No matter what the situation... |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 15875
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:17 am: | |
very sad.. aasa ekkuva ayipote illage vuntundi.. peak position kee velli illa padipoyadu..
evaro okaru konnestaru inka satyam nee.. best time for them.. edana Indian company konte bagundu foreign vadi kante..
employees kee peddaga problem emi vundadu.. good time to buy satyam share..
First act , Then improve.. |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33112
Registered: 03-2004
Posted From: 117.197.209.214
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:15 am: | |
no..i never considered satyam..because of its policies...
andaru donga naa dash le.. |
Peekavle_tokka
Mudiripoyina Bewarse
Username: Peekavle_tokka
Post Number: 9094
Registered: 05-2006
Posted From: 121.246.229.207
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:12 am: | |
RL raju gaarini... arrest chestunnaranta.. in few minutes lo... hitech city office lo vunnarataa....!!! ippude andina vaartha...!!! so sad...!!!
Be Pleasant all the time - No matter what the situation... |
Penkonda_tiger
Yavvanam Kaatesina Bewarse
Username: Penkonda_tiger
Post Number: 4209
Registered: 06-2005
Posted From: 62.177.160.141
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:10 am: | |
Pess have u any holdings in Satyam ..  |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33109
Registered: 03-2004
Posted From: 117.197.209.214
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 3:09 am: | |
because of that only, i got little disturbed...nana chakiri cheyinchkoni vaalla batukulu em chestaaro ani...
andaru donga naa dash le.. |
Diwakaram
Mudiripoyina Bewarse
Username: Diwakaram
Post Number: 5699
Registered: 05-2005
Posted From: 116.197.178.83
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 2:40 am: | |
what will be the fate of satyamites now.. |
Prasanth
Bewarse Legend
Username: Prasanth
Post Number: 33104
Registered: 03-2004
Posted From: 117.197.209.214
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 1:21 am: | |
anni english channels lo rama lingaraju ni box petti maree chupistuu uudaragodutunnaaru....raju admits fraud. raju cooked the books. balance sheets ni manipulate chesadanta kada
andaru donga naa dash le.. |
Blazewada
Pilla Bewarse
Username: Blazewada
Post Number: 583
Registered: 08-2008
Posted From: 192.193.164.8
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 1:18 am: | |
aite ippudu evadaite satyam ni kontado vadu biggest IT company avutaademo... hope it should not be IBM... edanna indian company aite baagundu |
Yamakantri
Kurra Bewarse
Username: Yamakantri
Post Number: 2236
Registered: 07-2007
Posted From: 72.198.204.216
Rating:N/A
Votes: 0(Vote!) | | Posted on Wednesday, January 07, 2009 - 12:41 am: | |
Satyam Computers founder and chairman Ramalinga Raju has resigned from the Satyam Board.
Raju has written a letter to the board giving details of the balance sheet. Balance Sheet has inflated cash balances of Rs 5040 crore and accrued interest of Rs 376 crore is non-existent. Rs 1230 crore was arranged to Satyam and is not reflected in the books.
"I sincerely apologise to all Satyamites and stakeholders, who have made Satyam a special organisation, for the current situation," B Ramalinga Raju said in a notice sent to the stock exchanges.
"I am now prepared to subject myself to the laws of the land and face consequences thereof."
While Ram Mynampati will act as Interim CEO, Merrill Lynch can be entrusted to explore.
As per the revelations, second Quarter numbers were inflated to Rs 2700 crore vs Rs 2112 crore actual numbers. No board member had any knowledge of the real situation of the books.
Shares in Satyam Computer shed all gains to turn negative after the embattled Indian outsourcer said its chairman has resigned from the Board. Shares were down 16.81% at 149 rupees. (11.22 am)
According to analysts, Raju's resignation wouldn't make much of a difference to investors.
"He is not to be blamed alone...the responsibility lies with the entire board. It was a unanimous decision and this board is in no place to decide on the issue," said Prabhudas Leeladhar analyst Apurva Shah.
"I'm king of the world!" |
