Check out Malumaat.com - Janab Husain bs Saifuddin saheb presides over Haflat ul Quran majlis in Bhopal

Title: Malumaat.com - Janab Husain bs Saifuddin saheb presides over Haflat ul Quran majlis in Bhopal

Link: http://gotaf.socialtwist.com/redirect?l=-454146000461108561411

Raaz the mystery continues

yeah the mystery prolongs that what in the world made Mohit suri made this movie?????????

Only zipping up many of scenes of Hollywood scenes doesnt make a movies , you have to have a script too.......its a complete disaster .  Nor very good Background sound score. Nor were the songs appealling . the script was too loose and the things were unnecessarily stuffed in the movie..

Night

Well its 12:30 am , i am right now working at my blog post of Bhopal heritage Walk which i had today in the morning but the formatting is hurting me and is not being done the way i want it . Lets see i will do it tomorrow for sure .......

Heritage Walk

00:15 hrs 22 january

well i Have completed 7 months of my engagement life..... And it has been as good as i have not thought of .... i was writting artcile on Satyam saga on my blog and am really iritated with googles facility of this editor which doesnot suit me at all ... well leave it ... i know i have not written some extra ordinary article but have tried to do my job in a better way and can say for sure that this writting stuff is way too tuff then it seems to......... chalo my sleep is gettting toll on me .... good night sweet dreams ...... shabba kheirrrrrrrrrrrrrr

aSatyam nor Shivam nor Sundaram

For Info on Satyam click here

16 December 2008 was the date when things started changing for mr.Ramalinga Raju (read Raju family). On this day he proposed a plan to acquire Maytas infra and Maytas properties. The two companies owned by his Sons’. Well the deal did not click, and it turns out to be a sour experience as the acquisition was planned to be of $1.6 billion. The amount was way too high. Though the board of directors had initially thought to go for it (which is questionable in itself). Later on due to prompt interrupts from investors the deal did not succeed.....this proved to be a massacre for Satyam’s share and there was bloodshed in the market with satyam's share falling 55%... The role of ICICI was questioned as it was holding shares of Satyam but did not questioned the deal ...this unleashed reign of problems for Satyam as it got in vigil eyes of Sebi

 This was the very day from which Satyam's share never got up they fall day by day and on the 7 January 2008 they sank very deeply...and the last rate they saw was 23.85 rs (180 before scandal broke) On 7 January Raju sent a sorry letter and went for seclusion his letter stated

 

"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 company operations grew significantly (annualized revenue run rate of Rs. 11,276 crore in the September quarter of 2008 and official reserves of Rs. 8,392 crore). As the promoters held a small percentage of equity, the concern was that poor performance would result in a takeover, thereby exposing the gap. The aborted Maytas acquisition deal was the last attempt to fill the fictitious assets with real ones. It was like riding a tiger, not knowing how to get off without being eaten.”

Analysis of Letter

"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...”

 Raju has done misappropriation of accounts in last 8 years and off course this must have involved the Accounts PricewaterhouseCoopers (PwC) who are auditor for Satyam . And in reality it was not only gap related to accounts of this status rather it included massive misallocation of investors money into personal use of Raju (read Raju family ) . A lot of money was invested in properties; Raju family was always close to people at helm. This lead to big contracts for Maytas (Satyam spelt backward) duo which included government contracts which always needs lot of thread pulling. Thus the gap started in Accounts the money which was shown in Balance sheet as investment with banks later on turned to be with Raju and family ...Now as the light is on Raju family many of there scandals are coming to light which makes us feel that all the acquisitions done by Raju earlier were also not fair they always lead profit to Raju family by making losses for Satyam investors. Even in times of great despair Raju’s book had always shown good profits which now turns out to be fake.. These statistics got Satyam very good project(It serves over 654 global companies, 185 of which are Fortune 500 corporations. ) and its share were of good value for the investors. Satyam was always considered as a Safe place to invest. These fake books are one of the reasons that Satyam got so BIG in its capital status( on papers only proved out later in course ). 

.” It has attained unmanageable proportions as the size of company operations grew significantly (annualized revenue run rate of Rs. 11,276 crore in the September quarter of 2008 and official reserves of Rs. 8,392 crore).”

It did not have even 8k crore which raju said ….. Unmanageable is not the correct word I feel its unimaginable how he somebody do a Scam of this Unthinkable margin…….Still it is analyzed. People predict more is to come……... 

''As the promoters held a small percentage of equity, the concern was that poor performance would result in a takeover, thereby exposing the gap. ''

 In this regard Raju said later that the promoters did not had any idea, which is false as they reduced their share in the company from 35% to 7% (even this 7% is skeptical). So acquisition which he feared (so to say) was very evident and it still seems a possibility as government is not in mood to take care of Satyam for long. The clients of Satyam are high profile and when Satyam will be in market for sale it will really fetch high price, so the discredited Raju was correct in this forecast of heavy clouds . 

.” The aborted Maytas acquisition deal was the last attempt to fill the fictitious assets with real ones”

 Raju thought that befooling Maytas investors is easy so he thought of acquiring Maytas at $1.6 billion , and trying to make his fake books real as then he knew that he had never to pay 1.6$ billion . As in reality there was no money ………. So it was never to be paid…

 “. It was like riding a tiger, not knowing how to get off without being eaten. “

I consider his tiger to be Greed,  he was blind in Greed of money and power which never came to an end and at last on 7 january he had to come to stop ....