Friday, April 17, 2009

KKR gets new Captain, Sourav Ganguly sacked

So, Shahrukh Khan proved one more time that he is a great actor. Sourav Ganguly sacked as Kolkata Knight Rider Captain. It was a plot of multi-captaincy theory for Kolkata Knight Rider for IPL 2 by Buchannan but finally it’s almost a new story unfolding. Its New Zealand wicketkeeper Brendon McCullum who will lead Kolkata Knight Riders in IPL Season- a fact that just got known. The first match will be played on April 19th against Deccan Chargers by Kolkata Knight Riders….
The question is why this backstabbing of Ganguly? Second it was altogether a different thing told by Shahrukh Khan few days back… and again he said a different thing in a great way of acting … Rest is yet to unfold.

Monday, April 13, 2009

Tech Mahindra buys Satyam

In 3 months time, the name of the acquirer for fraud-hit Satyam Computer Services is out today and it is Tech Mahindra that has won the bid at Rs58 per share. Tech Mahindra will now owe 31 per cent stake in Satyam by paying out 1757 crore (almost 357 million USD) in the deal.

The Telecom giant Tech Mahindra won the bid by beating Larsen and Toubro and Cognizant Technology Solutions as well. Tech Mahindra has paid Rs 58 for a 10-rupee share to acquire 31 percent stake. The bid made by Larsen and Toubro Rs. 49.50 per share.

It is expected that transition will happen smoothly and it will be quite a quick process too, with CLB approval will not take much time. Again Tech Mahindra officials have been quoted saying that there will be not mass layoffs in Satyam, but yes synergy with employees will be of highest priority.

The bigger challenge is now with seamless integration of the clients. Tech Mahindra is a telecom manager so there will be question on how the company will address and tackle issues of IT development in various sectors ranging from automobile to banking. Next, move is whether Satyam brand will remain as Satyam or will there be any change.

So lots of speculation on these moves and more is yet to unfold.

Saturday, April 4, 2009

Missile Crisis with North Korea’s Launch

According to official sources of North Korea, Kin Jong II‘s administration will launch a missile that will carry a telecommunication satellite anytime from April 4 to April 8. The North Korean government says that it is a part of peaceful space project program. However, the world condemns such an initiative especially countries such as US, Japan and of course South Korea.

Analysts believe that the reason behind this missile launch by North Korea is to test Taepodong-2 missile that is capable to reach Alaska.

Obama administration has warned strict action against North Korea if the country goes ahead with the missile launch program. US government have made it clear that this missile launch will lead to stricter UN impositions on this country and also severing all kinds of bilateral ties besides stopping financial aids.

Japan has stepped up its airspace security and has urged its men to shot down any North Korean object entering its airspace. While Kim Jong have reacted to this and said that any disruption to this peaceful project will lead to dire consequences. South Korean President Lee Myung-Bak is of the opinion that North Korea might go ahead with their plans.

There are confirmed reports that say that the launch site is Musudan-ri and the rocket has already been fuelled.

We need to wait-n-watch to write more on this.

Friday, April 3, 2009

New York Shootout

40 people taken hostage; 12 killed in shootout in a building in Binghamton, New York. There is lot of casualties. It’s the American Civic Association Building and there is a man who began shooting. Few people could escape and many rushed to hospital. Some hid in the basement of the building.It happened in the morning
Eyewitness suggests that man is in his early 20’s in the hostage crisis at New York and he is loaded with high-end rifles and is simply shooting indiscriminately.

Another story of 26/11 takes place