Articles from Arun Prabhudesai

1-22 of 22
  1. Satyam letter from Mr. Ramalinga Raju to its board directors admitting fraud !

    Explore Article India Business Blog (Jan 7 2009)

    To the Board of Directors Satyam Computer Services Ltd. Dear Board Members, It is with deep regret, at tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice: The Balance Sheet carries as of September 30, 2008 Inflated (non-existent) cash and bank balances of Rs.5,040 crore (as against Rs. 5361 crore reflected in the books) An accrued interest of Rs. 376 crore which is non-existent An understated liability of Rs. 1,230 crore on account of funds arranged by me An over stated debtors position of Rs. 490 crore (as ... (Read Full Article)

    Comment on Article Mentions:   Manish Mehta   Satyam Computer Services Ltd.   Merrill Lynch

  2. After air car, its time for water Car

    Explore Article India Business Blog (Jan 5 2009)

    Most of you may have heard about the Air Car that has been in much news over last year, thanks to the Tata backing the project. If you read the comments on my earlier post on air car, you would find many people have reservations about the success of the project. However, unlike years of research and experimentation (and Offcourse millions of funds) spent on air car, a group of young Indian college students have done a stupendous feet. They have created a vehicle that runs on water ! yes…water ! Now the car literally does not run on water, ... (Read Full Article)

    Comment on Article Mentions:   Air Car

  3. Acche Sanskar Pao – have some fun !

    Explore Article India Business Blog (Jan 2 2009)

    Guys here is a fun site that you need to see – http://www.adultdost.com – Okay, the name as well as the homepage may look as if I am promoting something slimy, Trust me – Go ahead feed in the details and search – Its my promise, you will not be disappointed ! Did you get [...] (Read Full Article)

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  4. Yessss….we are in 2009 – A very happy new year to all !

    Explore Article India Business Blog (Jan 1 2009) Acquisition

    Finally, we are in 2009 !!! I am really looking forward to this year – Hope this year brings all the joy and happiness that you have been craving for ! So guys any resolutions for this year? Possibly related posts:Young Indians: Happiest in world | work and career top priority. 12th [...] (Read Full Article)

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  5. The year that was 2008 !

    Explore Article India Business Blog (Dec 31 2008)

    Today is the last day of 2008 (am I glad it is :). This year has been a roller coaster ride for Indians – Starting the year with a bang when Sensex crossed 21000 mark and launch of Nano, that gave global recognition not only to Tata, but all of India. Other than that there was hardly anything to really cheer about. Oh…yes, how could I forget – The sole individual Olympic Gold for the first time in Indian sports history. I think overall for Indian sports it was one of the rare good year. but thats it…those were the ... (Read Full Article)

    Comment on Article Mentions:   Air Car   Tata Motors

  6. The Top 10 NRI’s of the Year

    Explore Article India Business Blog (Dec 29 2008)

    This blog has been silent for last couple of days, Sriram is on a break and so am I. Not much to write about so thought of posting a Top list which has been missing for last few months. So here it is: The top 10 NRI Newsmakers of the Year   Lord Swaraj Paul A consistent NRI newsmaker for [...] (Read Full Article)

    Comment on Article Mentions:   Google   Padma Vibhushan   Salman Rushdie

  7. Trak.in amongst the top 50 business blogs worldwide !

    Explore Article India Business Blog (Dec 19 2008)

    BusinessPundit’s Drea Knufken has compiled a list of Top 50 Business Blogs globally and Trak.in features in the coveted list. Infact, Trak.in is the only Indian blog that features in the coveted list. Wow ! I am flattered. The elite list contains blogs like Freakanomics Blog , Seth Godin’s Blog, Copyblogger, TechCrunch, and Silicon Alley Insider . Being in the same list as these blogs is a big big complement. Thanks Drea and Business Pundit! (Read Full Article)

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  8. Mumbai: We will not be divided

    Explore Article India Business Blog (Nov 27 2008)

    These last 2 days have been shocking to say the least ! A look at any Indian news channel and you will know that these attacks were planned for weeks and having a backing of bigger terrorist organizations from across the border. My feeling of helplessness towards the victims are beyond words - What can we do as individuals to work towards turning things around? I don't know if this petition is all, but it's a start. Please sign it. (Read Full Article)

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  9. How to write a Business Plan ?

    Explore Article India Business Blog (Nov 18 2008) Video

    If you are a startup or thinking of starting up (yes, even in this recession), there is no better place to start than watching this video by John Edmonds. What a gem ! Most of the entrepreneurs think that business plan is required, only if looking out for funding. Yes, a good business plan does help in secure funding, but more so it helps you granularize your thoughts and get clarity in execution of idea – probably the most important ingredient for a startup to become successful. This video is long, one hour and twenty four minutes to be precise, ... (Read Full Article)

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  10. Domain jacking at its best….airtel.com forwards to Vodafone !!!

    Explore Article India Business Blog (Nov 16 2008) Telecom

    Have you ever tried going to airtel.com domain name. If you have not…try it now - The name is forwarded to vodafone website. Yes, it may be a spanish Vodafone website, it still is the competitor’s website ! Nice domain-jacking I must say.. But can’t Airtel lay claim on the domain, I think not. if you see [...] (Read Full Article)

    Comment on Article Mentions:   Airtel   Vodafone

  11. eBay: Is it the new Palika Bazaar?

    Explore Article India Business Blog (Nov 13 2008) Mobile , Social Networking

    Comment "We liked the information available here. http://www.bangaloreflowerplaza.com" - anjumittal

    Today’s guest post is written by, Vishal Gondal, Founder and CEO of Indiagames, who also recently started a new venture called Sweat And Blood Venture Group – an early stage startup investment fund. The age of the Internet has thrown up some hot topics of discussion that almost always centers on social networking and Web 2.0. Many individuals and businesses are using the power of the internet to expand their horizons, make friends, exchange photos and make a lot of money. However, as we all know, everything good comes with its share of the bad and this new technology is ... (Read Full Article)

    1 Comment Mentions:   Samsung   Youtube   Vishal Gondal

  12. This is how we landed in mess !

    Explore Article India Business Blog (Nov 5 2008)

    This presentation was forwarded to me by a friend of mine. This exactly explains the reason why we are seeing an economic meltdown globally today. All of this started many months back – something that is called Sub prime crisis. First 4-5 slides is what is the root cause. A must watch (please view it full screen so the text is visible)   How could these finance companies be so careless ! Astonishing…Look where they have got us today (Read Full Article)

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  13. My image of America has changed with Barack Hussein Obama winning the presidential campaign – in a very very positive way !

    Explore Article India Business Blog (Nov 5 2008)

    American President – Barack Hussein Obama !!! Yes, John McCain, an American Hero and War Veteran has conceded defeat to America’s now the first African-American president Barack Obama. Till couple of years back, I thought America was not anywhere near to accepting a Black President, but thats the reality today – and with it – America has changed for me positively…forever. Yesterday, one of my colleagues asked me a question – Do you know who is the MLA of your constituency, and I was unable to answer – The reason he asked me was my such heavy interest in American ... (Read Full Article)

    Comment on Article Mentions:   Barack Obama   John McCain

  14. The age of Viral Videos

    Explore Article India Business Blog (Nov 4 2008) Video

    Today’s guest post is written by Krishnakumar - fondly called KK - CEO of one of the well known digital media agency based in Mumbai. While I was having a chat with him last week, he mentioned that most of the corporates have been requesting him to come out with viral videos, so I requested him to write a short piece on Viral Marketing through online videos and probably share some of them with our readers. Here it is… Viral Marketing has acquired a following of its own amongst marketers in India. This form of marketing online can be credited ... (Read Full Article)

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  15. Myntra goes big with $5 million funding

    Explore Article India Business Blog (Nov 3 2008) Funding

    Its time we had some funding news for Indian startups. Myntra has raised a cool $ 5million funding led by NEA-IndoUS Ventures and IDG Ventures along with Accel India Venture Fund. Vani Kola, Sudhir Sethi and Gagan Kumar from NEA, IDG and Accel respectively will come on Myntra board. This funding validates that online Tee and other gifting items printing is a fast becoming a big business. Myntra were seed funded earlier and this series A definitely a shot in the arm, especially considering recent no-so-favorable market conditions. (Read Full Article)

    Comment on Article Mentions:   IDG Ventures India   Gagan Kumar   NEA-IndoUS Ventures

  16. Trak.in October stats and more…

    Explore Article India Business Blog (Nov 3 2008)

    So how was October for trak.in ? Hmmm…I’d call it a decent month, considering that most of the month was full of festivities and people wanted to enjoy rather than read about grim business and economy rants ! Honestly, apart from Diwali there was nothing really to cheer about this October. My startup was in middle of discussions with number of VCs for funding, however, everything has suddenly come to standstill. I am digressing here…back to how trak.in fared in terms of traffic and subscribers. October 2008 saw 333,741 pageviews from 123,101 visits, marginally more compared to September. This is ... (Read Full Article)

    Comment on Article Mentions:   Google

  17. The top innovative companies in India

    Explore Article India Business Blog (Oct 30 2008)

    I believe Innovation and creativity are the most important facets of a company to stay afloat, especially during the troubled times like the one we are experiencing right now. Most Innovative Companies don’t do different things, they just do things differently ! So which ones are the most innovative Indian companies ? To find the answer, Business Today and Monitor Group jointly surveyed more than 75 senior executives across sectors (nearly half of them through in-depth interviews) on their innovation related attitudes, beliefs and practices. Based on which the the survey tried to find the top innovative companies in India. ... (Read Full Article)

    Comment on Article Mentions:   Jet Airways   Maruti   Air Deccan

  18. Happy Diwali to all trak.in readers !

    Explore Article India Business Blog (Oct 27 2008)

    Notwithstanding the going-down-the-drain Indian stock market or the economic downturn – I am seeing Diwali bringing cheers to sad faces around and wish that you guys are also having a good time this Diwali ! (Read Full Article)

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  19. A Very Happy Dussera to all trak.in readers

    Explore Article India Business Blog (Oct 9 2008)

    Just finished doing Puja of all the equipments aka computers, printers etc. etc. and its time to wish all the trak.in readers a very happy and joyous Dussera. (Read Full Article)

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  20. Bloggers do not trash your company, either you already are trash or you are doing it yourself!

    Explore Article India Business Blog (Oct 5 2008)

    I read this really disturbing news. Companies are employing agencies to clean-up negative feedback online. Their target is “crazy blogs”. The definition of crazy is at best undefined. Who will be defining crazy? If I narrate my experiences about some product or service which I bought or experienced and if that helps someone to make a better decision, what’s wrong with that. This is a direct stab at our democracy and freedom of speech. India is more becoming like China. A police state. Through official and sometimes not so official channels, India slowly but surely is becoming a police state. ... (Read Full Article)

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  21. Startup Investments: India Vs Silicon Valley

    Explore Article India Business Blog (Sep 30 2008)

    Comment "Hi www.brandsindiaonline.com website is lauched that revolves around Advertisements and internet users (Potential customers) in India. The goal ..." - Rajeev

    I came across this excellent article by Mohanjit Jolly (Executive Director, Draper Fisher Jurvetson India) and wanted to share it with readers. Incidentally, I can relate to what Mohanjit is saying as we have ourselves been talking to number of VCs in India over past few weeks for our startup funding – and every VC meeting has added loads of insights to us from business perspective. The article talks at length about how investing is different in India compared to Silicon Valley and also how entrepreneurs are different in these two parts of the world ! Here is a small ... (Read Full Article)

    1 Comment Mentions:   Mohanjit Jolly

  22. Poll Results - When and at what price will Tata Launch?

    Explore Article India Business Blog (Sep 24 2008) Mobile

    Few days back I had launched a poll asking readers – At what price will Tata Nano be available in the market. Here are the results of that poll. [poll=8] This poll garnered very good response with over 1000 respondents participating. Majority of the respondents do not feel that Tata nano will come at a promised price of 1 Lakh rupee – given that Indian inflation figures are continuously into double digits, raw material prices may have close to doubled, since Ratan Tata announced the launch of the car early in January this year. However, I am surprised that 22% ... (Read Full Article)

    Comment on Article Mentions:   Tata Motors   Ratan Tata   Tata Nano

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