Categories
reverberation subscriptions thoughts

A Day More To Go


 A decade  is about to come to a close. The curtains are in the verge of reaching the bottom.The stage ,where all men and women  were performing their part significantly or irrelevantly, is going to be dismantled.

A fresh platform is pushed forward with enthusiasm and exaltation, with anticipation and apprehension, with determination and deliberation.

Some of the participants of the earlier drama would have left for heavenly abode.Certain others would have retired to the shelter, exhausted of the events. The balance are still in the arena exhibiting their talent and exercising their might to win over.

Again, the remaining, along with a new crop of  participants have rolled up their sleeves  to enter the fresh decade 20010-2019  with renewed vigour and refreshed power.The refreshment  comes from the fresh young activists ,who are willing to take the challenges as opportunities.

Yes, challenges need to arise, as they bring with them elaborate qualifications  and introspection.

Fleeing from the opposing forces is a cowardly reaction.

Facing them with an open heart, sincere effort and serene virtuosity ,,is the application that would be much rewarded.

The world is full of jugglers, wicked hearted,venomous minded, deceitful characters.I  should not ascribe the word “full’,at this juncture,but restrict myself to the term ‘at the most’.

Identifying the good from the bad, the innocent from the evil, the genuine from the sly, is a herculean task.

We have to have a keen insight, a clear vision and an exact precision to find the real goodness from the feigned illusion.

In practicality,the harm ,the devilish disarray,will  be appealing, as they show the path to reach the destination without difficulty.

The goal  will be within your grasp, but seem to be elusive. It is like a mirage. You jump, you try, you force to catch it, but it eludes you. The easy path has led you nowhere. You move towards destruction.

The illustrious withdraw from these provocations. They think not aloud. They decide not openly. They act not hastily. They progress not in vain. They attain the glorious status ,in measured steps,in modest movement.

So, as we embark on the new decade, starting with 2010, the year has a beautiful rhythm twenty ten,let us prevail upon rashness, let us control temper and derision,let us refrain from harm and evil.

Coming to the positive remarks, let us toil towards prosperity and progress, let us improve quality and credibility, let us empower  achievement and atonement.

Finally, a call ,most common uncommon, let us become more humane and more benign.

Shall we?

 

Categories
Economy subscriptions thoughts

Goose Is Cooked.


Loopholes in accounting has led to many fraudulent  practices.Window dressing of balance sheets, cooking up data’s, hiking sales,jacking up share prices are few insolent  intrigues that instigate deceiving measures and disintegrating materials.

Window dressing accounts for 50% of fraud in corporates.Share prices are enhanced, its valuations are hiked ,such that promoters and top management benefit most.Downturns or recession promote an acceleration in frauds .Promoters engage in misconduct,commit frauds and  they easily justify their action.When there is high profitability, smooth flourish , the mishaps are buried deep. When the  essence of   paucity is experienced,  the irregularities are thrown open.

Loan portfolios are unequally disbursed. The top brass account a very low non performing assets thus entering into a world of  notoriety.False entries  are made.Fictitious inventory is maintained in production and sales. The companies pay statutory dues forgoods not manufactured.Corporates , thus lure the investors, private equities , and mutual funds , by projecting feigned systematic profit .

Forensic experts have a lucrative tenure, as most mutual funds and private equities hire them to decipher the digressions. These agencies are making tonnes of money.

Apart from the top management,there is a widespread anomaly among the employees. The procurement related fraud are surging leading to a definite leakage of funds.

Indian companies  , awry of expenses, subdue the misconduct , by compelling the erring official to resign. This man gets a plum job in another company , commits the same mistake, but let free  for fear of  abnormal costs. This individual ,will seek job elsewhere. he will land up in a bigger company, with extended access to perform  a deeper crime.

Checking their duplicate  profile , then and there, will conduct a disciplined behaviour, thus instilling an undeterred confidence in the investor’s mind.

Ethic is the vital   provision in business. Confidence is the enriched quality of business. Straight movement is an emphatic  idiom of business.

The cooked goose  idiomatically depicts hidden untold slanders and  much ruptured ulcers