Mr. Ramalinga Raju...
1. WTF were you thinking?Satyam is not entirely tumhare baap ka theka that you can decide to use the cash box to buy your chunnu-munnu expensive goodies.
2. As an investor in your share, I am thinking of bailing out, although your organization has done amazingly well in the last 3 years to reach 50k employees and closing in on 2Billion$ revenues
3. As an employee working for your competitor, I am happy I dont work for you.
4. Expect to be royally scr#$ed over this by competition... the junta wont let u forget so soon and the competition wont let your customers forget for a long time
5. You were right when you said you didnt legally need shareholder approval, but lets see how you fare in the suit filed in US by Upaid.
6. Everyone is not an idiot to believe that Satyam was trying to diversify to hedge risks. Only a duffer will hedge IT against the realty sector in current times.
7. Even if realty sector made sense, why didnt you look outside Maytas, there are better realty and infra companies out there. Ofcourse then the investor's money wouldnt flow into your khandaan
8. Planning to return the Golden Peacock award for corporate excellence?
9. Almost all companies are trying to shore up on cash reserves to fight these uncertain times, but you decided to buy illiquid assets, even as you continue to lay off employees discreetly.
You bungled big time man!
