Giving allowance for the fact that environment is not too conducive for entrepreneurs , we must also admit the fact that Mr.Siddharth had everything going for him thanks to his connections. He did not use it properly. Instead he squandered all the money and goodwill into unrelated ventures and siphoned money. Look at the way he exited Mindtree which had ramifications for all the founders. Let us not feel with him now unless we know the full facts. more
Why we don't have a circle where members can flush out their frustrations and seek advise having all anonymous members. This will relieve the member of his fear for being identified by fellow members or the public. I think this will go a long way in avoiding this type of incidents and help members some advice and solace to relieve him of his tensions more
wHEN WE HAVE IDIOTS BABUS AND POLITICIANS RULING COUNTRY NOTHING BETETR CAN BE EXPECTED. I DO NOT WANT TO GO INTO THEMERITS OR DEMERITS OF THE CASE BUT HERE CBDT IS THE KILLER ANSD SHOULD BE IMMEDIATELY ARRESTED. YOU CANNOT KILL A CRIMINAL IN AN ENCOUNTER WHERE YOU DEMAND MONEY. HE WAS KILLED FOR EXTORTION BY TAX OFFICERS AND IT IS LEGAL WHAT A TRAGEDY FOR INDIA. HANG YOUR HEADS IN SHAME AND PRAY GOD IF TAXMEN ARE NOT AFTER YOU FOR EXTORTION more
May be an alternate Satyam.repeating with a different end. The letter may be planted just to make investigative and income tax authorities the villains, so that harsh steps against money launderers are dropped. The success of CCD is due to dilution of regulation by Coffee Board on coffee crop. more
Now a days all B-schools only teach to reach the top and top and never teach Ethics, and how to face the problems. They only teach how to conquer or over take the winner, or remain in the TOP. Its high time that the schools have a big course on how to face problems in life and try to solve or remain or reduce the problems or live with it. What is the use of ending the life after attaining high qualifications and not supporting their parents when they are old. more
Partially your observation is Correct. There are many questions which remain unanswered . Who Pressurized him to sell Mind Tree Shares ? Who was forcing him to buy back ? Which is that secret hidden hand of POWER which was doing Income ED investigation... There is something more which is being printed communicated in media? What was that extreme pressure bargain point where the CCD Founder give up and left helpless to keep all of us Clue Less.... One thing is for sure , ever if wanted to go.. first he should have exposed the hidden power and then go.. I strongly recommend all direct Business owners to fight it out till the last breath , be there, fight back ( Not flight away) , once you are clear that you are about to lose everything .. make sure still you have precious LIFE ... you can start again. Remember Steve Job was removed by his investors from Apple .. rest what happened ...you the history .. and one more is very own Indian "ASK Me " Founder when Investors didn't trusted Mr VVS Mani and ASK ME was closed 100%. Now the seed of Phone Directory dream is called JUST DIAL founder is Mr VVS Mani. Sooner or Later the battle goes to the toughest person , be there, and bullying or pressure groups wont sustain visionary business leaders Endurance. more
IT Index collapsed by 4% yesterday as it continues to struggle From 2 years ago: - Salary Hikes: 15% down to 5% - Revenue Growth: 19% down to 3% - Hiring: Down 60% - ...
New criminal laws come into effect from today. Here is one new law to be concerned about: ‘individuals who engage in sexual relations by deceit, such as false promises of employment or marria...
Layoffs going on in full swing in IT sector! Daily 1-2 news coming in closed circles... crazy consolidation. Worser than 2000, 2002, 2008-2009 and 2015.
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Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...
Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...
What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...
By Hasmukh Sangani
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