Category Archives: India

IT and the Government

Posted on March 25, 2009 by Basab Pradhan

Atanu Dey has a series of posts that criticize the IT Vision Document released by the BJP in the runup to the Indian elections. In his latest post The Rational IT Policy, he proposes an IT policy that basically does … Continue reading →

Posted in Economics, India, Technology | 2 Comments

Career Advice to the IIM Ahmedabad Graduating Class

Posted on February 22, 2009 by Basab Pradhan

Last week I was at IIM Ahmedabad for my 20 year reunion. For two days and three nights we had non-stop fun reliving all the special memories from our times at IIM. Reunions, some say, can be quite a let … Continue reading →

Posted in Business, Education, India | 13 Comments

Satyam – the Larceny Scenario

Posted on January 18, 2009 by Basab Pradhan

Investigators looking into the fraud that has been called India’s Enron have found a “maze” of about 300 companies related to Mr. Raju that were used to “siphon” as much as $1 billion in cash from Satyam, said a senior … Continue reading →

Posted in Business, India, Offshore Services | 10 Comments

Satyam Operating Margins Look Real

Posted on January 14, 2009 by Basab Pradhan

I pulled this chart together on our very own research platform just to see if there were any signs in the operating margins that Satyam was managing earnings. I found none. The comparables to Satyam (SAY) are Infosys, Wipro and … Continue reading →

Posted in Business, India, Offshore Services | 6 Comments

Satyam Next Steps

Posted on January 11, 2009 by Basab Pradhan

India’s regulatory authorities have made a great start on the Satyam accounting fraud scandal. The two bodies that would have regulatory oversight over such a situation – the Ministry of Company Affairs and SEBI – are both playing this on … Continue reading →

Posted in Business, Finance, India, Offshore Services | 3 Comments

Questions re Satyam

Posted on January 5, 2009 by Basab Pradhan

While I was out of circulation and not blogging (business trip and vacation) the Satyam saga was unfolding. I remained abreast of what was happening but didn’t post anything on it. It’s been well covered by other bloggers and the … Continue reading →

Posted in Business, Finance, India, Offshore Services | 10 Comments

Singapore and Indian Cities

Posted on January 4, 2009 by Basab Pradhan

I was in Singapore for a few days during my winter vacation. Sandwiched between two weeks in India and a week in Thailand, the contrast between Singapore and these two third world Asian countries could not have been starker. As … Continue reading →

Posted in India | 10 Comments

Wanted: An Indian “Yes We Can”

Posted on December 7, 2008 by Basab Pradhan

A couple of weeks after the Mumbai attacks, India and Indians are still fuming. There is this great stirring to action, particularly among the young and the educated, who want to see some change. All this is good, but the … Continue reading →

Posted in India | 23 Comments

ISI Chief Visit – PR Mistake or Oneupmanship

Posted on December 1, 2008 by Basab Pradhan

Indian PM, Manmohan Singh talks to Asif Ali Zardari, the Pakistani President. He is angry. Zardari is trying to placate him. Manmohan Singh asks him to send his ISI Chief over to participate in the investigation. Zardari agrees. So far … Continue reading →

Posted in India | 2 Comments

Better Security Takes Money and Willpower

Posted on November 30, 2008 by Basab Pradhan

In the aftermath of the Mumbai attacks, if there is one thing we take up with seriousness, I hope that is upgrading our internal security – police, NSG, intelligence – and other organizations that contribute to it. After Mumbai, my … Continue reading →

Posted in India | 7 Comments