[Vishal_11]

y unimaginative dude

[Vishal_11]

35.> Tentative
doubtful. ----- also probabaly

36.> Was our wont.[/QUOTE]
dunno

[ankit1alone]

i too agree with the point dat hindu is no doubt d best paper for editorials. there is less mirchi in this paper .it is always beneficial to read hindu regularly for 1 hour.
it increase your reading speed $ vocab power too.

[ankit1alone]

Originally Posted by gabriel666

...guyz excellent work ... hindu editorials are always treat to discuss .. but just one piece of suggestion stop copy pasting the whole article ... not only does it become a pain to scroll down to read each response .. but it also involves copyright issues ... ther is a reason hindu has its own site .. copy pasting whole editorials like these wuld be considered illegal ...


PS .. Mods plz do clarify this issue ...

[razeish01]

when will you start posting gguysssssssss.............this thread should be active as this is time of GD\PI....................!!!!!!!!!!!!:-x:-x:-x

[learn2teach]

Continue this awesome thread friends...

[danger009]

Today's paper had an article "Satyam not an isolated case".
they have mentioned like if the independent directors and other bodies like SEBI are vigilant, these can be avoided.
I totally disagree with this. How can any company allow any other external body to infere in its internal matters. and for how how many companies is this possible.
The satyam people had shown themselves as follower of the highest standards of the IT industry. in such conditions it is not possible for SEBI or any other authority to directly interfere. also the role of independent directors is limited to a large extent. they believed the books created by Raju and hence indirectly helped him to create such a scene.

[srikar2097]

Originally Posted by danger009

Today's paper had an article "Satyam not an isolated case".
they have mentioned like if the independent directors and other bodies like SEBI are vigilant, these can be avoided.
I totally disagree with this. How can any company allow any other external body to infere in its internal matters. and for how how many companies is this possible.
The satyam people had shown themselves as follower of the highest standards of the IT industry. in such conditions it is not possible for SEBI or any other authority to directly interfere. also the role of independent directors is limited to a large extent. they believed the books created by Raju and hence indirectly helped him to create such a scene.

I think you got some points correct from the editorial. I feel what you said about SEBI needs correction. Let me share my understanding about that part about SEBI. SEBI is a regulatory authority setup by Indian Government to oversee and devise regulations at various stages so that things like Frauds and scams are avoided.

So when the author mentions SEBI he is referring to it in this light. Of course it's not possible for a single organisation to peek into every company. The point of the matter is either everyone believed Satyam (and its books) at face value or some people at some levels were bribed to keep quite or all of them are in this scandal. The truth will eventually bubble up...

[nidheeshagarwal]

i quite agree with srikar. also, if d auditors were taking satyams books on face value, what were they being paid for?
the author does well to point out that until d watchdogs (independent directors n auditors) r being appointed n paid by d company's top honchos themselves, u cannot expect the dog to bark everytime !!!

[srikar2097]

Originally Posted by nidheeshagarwal

i quite agree with srikar. also, if d auditors were taking satyams books on face value, what were they being paid for?
the author does well to point out that until d watchdogs (independent directors n auditors) r being appointed n paid by d company's top honchos themselves, u cannot expect the dog to bark everytime !!!

Nidheesh, I don't think the author is trying to provide a solution to the problem here. He's merely criticizing the system and analyzing the reasons for this unfortunate occurance.

The author says that the independent directors and auditors who are being paid huge sums lead them to take a soft view of matters and not take their monitoring and correcting role seriously. This is different from what you stated....