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A msg from unknown Satyamite...
Bhanu Valli
Bhanu Valli Picture
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Posted 09-01-2009Reply

Dear all of my Satyamites,







Yesterday will be a memorable day to us throughout our life. Little bit of business & human nature knowledge is forcing me to write few of my thoughts (Please ignore them if they doesn’t make any sense). Ask yourself who is worst affected by all this mayhem. Is it u & me (employees), Govt or Satyam & Ramalingaraju ?. My conviction says that employees of any MNC are associated to that company as long as they don’t have any better option, the best thing government can do for a company is to keep itself away from it. But there was a visionary who created wealth for a nation for 20 years, the only thing that cannot be separated from Satyam for these 20 years & ahead also if Satyam remains was\is a name called “Ramalinga Raju”. Fortunately I got some 15 min of time talking to him when i was an ELTP. He’s much softer then we see him. Imagine what would be going on in his mind when he was writing yesterday’s letter accepting all the things which he did only to save his company. All have made him scapegoat for what has happened & left the company keeping their integrity intact. He was cursed badly for putting the money of a public limited company into his family driven company but it only now clear that how he was transferrring the risk from 50,000 people to his two sons & his known-integrity.



The worst which can happen to we the employees is that we are out of our current job, jobless for time being & then again getting a job which we deserve & our families will be worried for us(as they are always). But a relatively bitter truth will be for the Raju-family who will be annoyed for ages & will be treated as miscreants by those who do not know the truth or more about Greedy investors & money market. And the truth is that he has not stolen some thousand crores rupees into his own pocket, it was a bubble he created which busted. (And every other company on earth does so, being wary of not getting trapped)







One more thing which annoys me is does a philanthropist guy deserve this disgraceful exit ? I really feel sad about the way he’s been portrait in the media. Our rustic fellows have already started comparing him with Harshad Mehta. Tell me any incident in corporate India where any chairman has dared to confess such irregularities in his own firm. And believe me it takes hell lot of guts to accept all this publicly. And as I read the news today morning it was published there that even his community members have suggested him not to tell anything and later on he can play with the Indian laws as every politician does in India. But as he mentioned it was all deep regret in his conscience which lead him to confess all this.



I am not at all saying that he’s totally innocent and unaware of what’s been going there but a person who has started a journey called Satyam 20 yrs ago with few associates and made it 4th largest IT Company in India, done all this for sake of his 50000 Satyam family members. In the end i’ll ask only one question to all of my friends,” for whom he has created this bubble, if it was he who was going bankrupt? ”



The day before all this mayhem started, we all were proud to be called as Satyamites and were wearing the Satyam tag displaying our esteem to others, and now due to a single incidence u are feeling awkward to show the same Satyam tag in public?? I don’t know about others, but still I am proud to be a SATYAMITE!!!

Shri
Shri Picture
24 Posts
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  Rated +2 | Posted 09-01-2009

We all shud Really appreciate the guy's view, definitely he shud be a satyamite , ur emotions will be soon answered ....... dont worry about media speculations those are all completely to create hype for selling their spaces thats it, we will pray for u guys to soon come out of this situation and continue normal .....

Regards

Shri

Vijay
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  Rated +1 | Posted 09-01-2009

really we should be feel proud about Raju,

Swaminathan
Swaminathan Picture
203 Posts
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  Rated +1 | Posted 09-01-2009

Hi Bhanu,

Nice one.. And the person's view is completely great n different.. Its a dream concern 4 almost everyone here to get along... Even now it remains the same 4 me.. This incident may be a dusty wind which will soon vanish..

Thanks for sharing it.

Warm Regards,
Swaminathan.

Sirisha.erp.hr
Sirisha.erp.hr Picture
1 Posts
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  Rated +1 | Posted 09-01-2009

Hi Bhanu..

I Definitely agree with that person's view..being associated with that company his views can be definitely considered. Thats the Company which supported them for so many years once must be definitely faithful .

Nikhil
Nikhil Picture
5 Posts
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  Rated +1 | Posted 09-01-2009

Hi Bhanu,

Thanks for sharing...but i feel proud for u...that after all the problems u people r facing still u r proud of ur company and there even in there bad time...3 cheers to u and all the satyamites who r with u..all the best...

Senthil
Senthil Picture
249 Posts
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  Rated +1 | Posted 09-01-2009

That was really a touching post Bhanu, Satyam is lucky enof to have ppl like you.

Srilatha
Srilatha Picture
119 Posts
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  Rated +2 | Posted 09-01-2009

I fully agree with you Bhanu...as i was a part of that group long back...and Mr.Ramalinga Raju and Mr.Rama Raju are far more better individuals than so many VIPs.. i felt so bad after all this has happened and truly he is so honest in accepting...it...i appreciate his guts...and empathise what he must have gone thru all these days...its so touching..I still respect him as much as before..

Thanks for sharing your views...

Arvind
Arvind Picture
81 Posts
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  Rated -1 | Posted 09-01-2009

This is not the first time the founder of Satyam Computers, Mr B. Ramalinga Raju, pushed his company into trouble leaving the employees high and dry.
Even before he emerged as a global business leader in the IT sector, Mr Raju had earned the dubious distinction of declaring his company “sick” leaving hundreds of employees in the lurch.

Mr Raju set up a spinning and weaving mill called Sri Satyam Spinning and Weaving Mills Ltd at Shabhashpally in Narsapur Mandal. After running it for more than a decade, he declared it “sick” citing financial losses. He declared a lockout forcing hundreds of employees to go jobless.

Some employees approa-ched the then TD government. The Congress government did not look into the matter. Later, the name of the Sri Satyam Spinning and Weaving Mills Ltd was changed to Samrat Spinners Limited.

source: DC - 7th Jan 2009.

Raghunandan
Raghunandan Picture
10 Posts
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  Rated +2 | Posted 09-01-2009

Hi Bhanu,

It is a very rare gesture where people have towards the founder of one of the finest corporate houses. You guys need not be panicked. There is light at the end of any tunnel. I am not sure, what is the skill set you guys have, but i can try to help with the requirements what i have in my company. If interested they can route their profiles to svraghunandan@firstam.com , let me try to help them

cheers

Raghu

Shanthi
Shanthi Picture
10 Posts
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  Rated 0 | Posted 11-01-2009

I totally agree with you bhanu....



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