Wednesday, September 18, 2013

Four Years Back the Same Day


Whenever any dominating person (who disagrees with my design/coding) in the project takes leave for a week or more, I try to take the entire control of the project, and by the time the person comes back from the vacation, everything would be changed, and that person would almost see hell. Four years back, exactly the same day, my dev lead took leave for just one day, and I was shown hell.

Friday, September 13, 2013

Why Economic Reforms Could Not Change Life of Poor People?

Many people criticize economic reforms, saying that, it did not bring change to the life of poor people.

The reason why there was no change in the life of poor people is, economic reforms were not brought in the sectors that effect many poor people. There were no economic reforms in sectors like Agriculture, Transport, Education and Electricity. Unless we bring reforms in those sectors, poor people cannot develop. The sad thing is, many people are against reforms in those sectors.

If people are against the reforms and oppose in all the possible ways, then poor people will be like that only, and they blame it on the rich people (who became rich by the economic reforms).

If somebody fights to stay as poor, nobody can save them.

Friday, September 06, 2013

Profit By Rumours

In the movie, Broker, I saw the following, which I did not know before.

Industrialist (to Minister): Sir, we need a rumour that your ministry is stopping the subsidy given to our company.

Minister: If we stop the subsidy, it's loss to your company!

Then, Broker stops the minister

Broker: Rs.500 Crore

Industrialist: Excuse me

Broker: What you heard is true.

Industrialist: Why should I give you that much?

Broker: Now your company share value is Rs.250. In that your share is 25%. Remaining 75% is with the directors of your company and the shareholders. They are not agreeing with you for anything that you want to do. That means, you need 51% stake compulsorily in your company. You don't have the capacity to buy these shares at this rate. This rumour will help you to bring down the share value from Rs.250 to Rs.30. That's why today you came here for this rumour. If this rumour is spread, then you'll get a profit of Rs.2500 Crore. In that, our share is Rs.500 Crore.

Minister: Its just only 20%, quite common.

Industrialist: But a small ...

Broker: I understood what you want. Exactly after one month, after you buy those shares, Minister personally announces that this is a rumour. Is it okay?

Friday, August 30, 2013

Agriculture Policies Vs Marriage Laws

At the time of Independence, the tenants of agriculture land used to suffer because of the unfair practices of the landlords. For that purpose, government introduced laws which gives unfair advantage to the tenants.

In few decades, farming became the profession which gets the least income.

Since, many husbands are torturing their wives, government introduced laws like 498A (By which any husband can very easily be harassed by his wife), share of the husband's wealth to wife, and considering wife's opinion alone in case of divorce etc.

I will not be surprised, if there is no institution of marriage in few decades.

Sunday, August 25, 2013

Growth in Infosys - 1991 Reforms

The following is an excerpt from the book, "A Better India: A Better World" by N.R.Narayana Murthy.

Between 1982 and 1992, Infosys revenues grew from a paltry $130,000 to $1.5 million, a factor of just 12 on a small base over a period of ten years. However, after the reforms, our revenues have grown from $1.5 million in 1992 to a likely figure of $4.1 billion in 2008, which is a factor of 2,700 over a period of sixteen years! Today, we are listed on NASDAQ. We operate in seventy countries and have over 88,000 employees comprising over ninety nationalities. We have created over 2,000 dollar millionaires and about 20,000 rupee millionaires through our employee stock option plans. We have beaten every MNC in India to be voted the best employer, the best managed company, the best in corporate governance, and the best in investor focus.

We pride ourselves as a shining example of all the good things that came out of the economic reforms of 1991.