Economic recession has hit Deccan peninsula very badly. Because of the recession Tata Motors shuts down its plants very frequently these days. Why will they want to produce cars when there are no buyers left? To top it all there are bogus companies like Satyam/Maytas who had just stolen the investor money in billions. They have no intellectuals left to solve these problems, only people like Raj T of MNS fame. Sad stuff I would say...
I am not sure if you guys have lost your mental balance...
You are showing stories of job cuts across globe under headline "INDIAN CORPORATS MAY CUT JOBS"..
Has some one paid you to undermine the confidence indian economy is having cause I know you do not have the money to hire a god economist to analysis things for you!!!!
In stead of constructive thoughts , OBJECTIVE feedback or empathy , it is sad that such blogs degenerate into North-South arguments . Are we educated professionals as mediocre as our political leaders ?
Re: Recession of Ideas & Values
by RajKumar SIngh on May 14, 2009 09:08 PM
We Indians are destined to break into 1000 different countries becoz we don't know what unity is, we only talk without knowing what are we talking about, our egos are bigger than our ass, we do not value our people, our culture and our language, we only want to fight with each other because that gives us a sense of manhood and we never have a bigger picture whenever we think of any problem or are lazy enough to take a short cut instead of having a comprehensive approach to a complex problem...
Re: Re: Recession of Ideas & Values
by Ravi Kiran on May 14, 2009 09:25 PM
Spot on mate , i cant agree more with you, that is probably Indianess or what ever you call, as they say you can take an Indian out of India but cannot take an India out of an Indian.
My request to all my frens from UP/BIHAR/ZHARKHAND/ETC..its been observed that many students from these states are lured by fake MBA and eng institutes in maharshtra...dont why they are so obsessed with maharashtra..there are so many fake MBA institutes in Pune all full of these misguided students... dont know whats the attrarction..god help them
Re: Request...
by UP Guy on May 14, 2009 08:59 PM
Fully agree with you. These institutes are owned by sugar barons of Maharashtra and they even have good buildings. But they no teachers to speak of, except for a few pretenders...
Article informs us that companies are all set to reduce their staff by 20%. That is a huge number. The other day rediff reported that so many H-1B techies are also continuously returning home. What will happen to all these unemployed people? How does South India plan to rehabilate them because 99.99% of these dudes are from South? May they should learn the art of agriculture, or may be nano-agriculture by growing rice in pots and pans!
Re: What will happen to these techies?
by jay b on May 14, 2009 09:16 PM
i am in texas and lot of H1Bs are being laid off in favor of local people who may or may not have the requisite skills
Re: What will happen to these techies?
by Lucid Networks on May 14, 2009 09:03 PM
not to worry they have earned to last a life time that is why they go to US, once they return cost of living in india will increase , only those working in india in indian company will suffer very badlly, we need to stop them from returning, or they should give back there large saving to US and return emty handed as show the US they are true Indians and dont care for money.
Re: Re: What will happen to these techies?
by Lal Popat on May 14, 2009 09:44 PM
hahahaha. how does giving up one's hard-earned money make one a true Indian? if that's true, can you make our politicians and some of the business people first give up their ill-gotten wealth?
Re: What will happen to these techies?
by martin descent on May 14, 2009 08:54 PM
UP Guy is no one but a person from rediff.. and "he/she/both" is just there to increase the clicks on the article..simply ignore
Re: What will happen to these techies?
by UP Guy on May 14, 2009 08:43 PM
And to add to that recession you have this case of bogus companies like Satyam/Maytas in South. Pretty bad stuff I would say.
We have hit the bottom of the recession cycle, and things will get better from here onwards. The revival of any economic tide is dependent on Infrastructure and fixed assets sectors like manufacturing and automobiles etc. and they are showing considerable improvement compared to the previous two quarters. Even the actual loss to these sectors was significatly less then expected. SO EVERY ONE CHEERS AND BE POSITIVE.
Re: DO NOT BELIEVE IT- THINGS ARE IMPROVING NOW
by UP Guy on May 14, 2009 08:28 PM
How can one keep thinking of positives where none exist? Companies are all set to reduce their staff by 20% and you are telling people to cheer up?!
Re: Re: DO NOT BELIEVE IT- THINGS ARE IMPROVING NOW
by manu singh on May 14, 2009 08:34 PM
Boss I think you are from a engineering college who was unable to get a placement. Secondly I think you were thrown out by software companies in campus interview. Don't loose hope mate. Be positive and improve your skills, and last get a psychatric treatment
Re: Re: Re: DO NOT BELIEVE IT- THINGS ARE IMPROVING NOW
by Guest on May 14, 2009 08:55 PM
Boss, in world there is always duality. What i mean to say in your own house you may be more competitive than your own brother. does it mean that you wont help him in the hour of need. Survival of the fittest is for animals. HUMANS need to help their brethren(as he is bestowed with the intellect to share and care!!!!).
Re: Re: Re: DO NOT BELIEVE IT- THINGS ARE IMPROVING NOW
by UP Guy on May 14, 2009 08:40 PM
Boss I am employed by a decent company for last 10 years. I don't need no job... But do you?
Re: Re: Re: Re: DO NOT BELIEVE IT- THINGS ARE IMPROVING NOW
by manu singh on May 15, 2009 10:26 AM
Oh really I didn' knew kanpur that too civil lines started having decent company. I can understand your decency from your words.
South Indian states (all 5 of them) put all their eggs in one basket namely IT industry. This industry is ill defined. How many companies and people can flourish doing same type of things, writing same type of codes, and producing similar software? IT obsession of south has taken it down this dark road of recession. And there is no exit clause here. As you sow, so shall you reap.
Re: IT obsession to blame...
by manu on May 14, 2009 08:53 PM
well what u have to say on the IT hype of great hyderabad...heard that cos have blacklisted hyderabad experienced people..
Re: IT obsession to blame...
by tamil on May 14, 2009 08:28 PM
sir u need to Chennai is leading Automobile cum Telecom Manufacturing player in India... It is jus another feather...
Re: Re: IT obsession to blame...
by tamil on May 14, 2009 08:29 PM
Also note unlike Delhi & Mumbai.. we have least BPO type job.. which can shift anytime to low cost low skill English speaking countries.. so better equip ur self technically like a south indian...
Since Hindi belt is agriculture based, and food prices will only increase, the Hindi north will flourish. In the South IT industry will hit rock bottom leading to massive job losses. Moreover, all H-1B visa holder Southies will return home leading to social unrest. Agricultural north will progress as a result, will in South everything will move southwards. This is what I foresee over next few years...
Re: Consequences of the recession...
by UP Guy on May 14, 2009 08:08 PM
I would like to add that as the recession intensifies in the south, attacks on North Indians will increase. So it is better that northies head home and not get caught in the social unrest which is bound to occur in the south sooner or later.
Re: Consequences of the recession...
by Eagle on May 14, 2009 08:10 PM
Your language shows that you are very depress person and leading for suicide. BTW don't think if you keep user name "UPGuy" means you belongs to UP. It's shame for any UP people to read your hate article. From, Kanpur
Re: Re: Consequences of the recession...
by Manoj K on May 14, 2009 08:26 PM
After watching Raj Thackerey incident in Maharashtra, many people will think like that.
Re: Re: Re: Consequences of the recession...
by dinesh Panagadan on May 14, 2009 08:35 PM
That is why u are ulta pradesh guy where everything works ulta.
