Discussion Board

Senior execs of India Inc most corrupt


Total 179 messages Pages | 1 | 2 | 3 | 4 | 5   Older >   >>
sanjay
my personal experince govt bureaucrats most corrupt
by sanjay on Mar 11, 2010 12:33 AM

Be carefull when you buy offices from CIDCO, CIDCO has a habit of short changing buyers by manipulating the area For example a 1000 sq feet carpet Module will be sold as 2000 sq feet in 1998 and as 1300 sq feet in 2004 all on the whims and fancies of the Marketing manager CIDCO.

Govt. of Maharashtra has floated CIDCO (City Industrial Development Corporation)
A State Govt. undertaking which is the most Corrupt undertaking of the Govt.of Maharashtra. Instead of being a agency for providing housing to the middle and lower class at reasonable rates it encourages price escalation for the benefit of few builders and
Bureaucrats.

Some of the Shady Deals of CIDCO include

Allotment of land under the 12.5% scheme to fictitious Companies

Change of reservation of plots for commercial use

Systematic Destruction Of mangroves and reclaiming land and blatant violation of CRZ Rules.

Railway Station Complex Scam
The station complex Built By CIDCO at Nerul , Vashi, CBD. The commercial areas was sold in the open market as carpet area ( 95-150 ) % loading in 96-98 at much higher rates. In the year 2004 The same commercial premises were sold as carpet area 30% Loading to friends and relatives and front men Mktg dept of CIDCO at a discounted price. Imagine built up area of two adjacent offices of same area are different.

Extra FSI to CIDCO directors Housing Society
Prathamesh society where the Directors of CIDCO and the PRO of CIDCO was allotted prime propert


    Forward  |  Report abuse
Veemm Kay
what a sample size
by Veemm Kay on Jan 27, 2010 09:49 AM  | Hide replies

742 employees! how fair is this sample size to draw conclusions? Problem here is half knowledge and rediff like portals publish any thing that is sansani. Useless study.

    Forward  |  Report abuse
Count Meout
Re: what a sample size
by Count Meout on Feb 17, 2010 01:26 PM
In the Land of Blind, One Eyed is the King ;
In a Land of 1 Billion blind, 742 will be Kings
Can anybody prove this article is not true.

   Forward   |   Report abuse
Count Meout
Re: what a sample size
by Count Meout on Feb 17, 2010 01:26 PM
In the Land of Blind, One Eyed is the King ;
In a Land of 1 Billion blind, 742 will be Kings
Can anybody prove this article is not true.

   Forward   |   Report abuse
Virendra Singh
Senior executives of India Inc most corrupt: Study
by Virendra Singh on Jan 27, 2010 09:10 AM

It is obvious for they all have been derived from Govt. offices and if they were honest they would have either migrated to racist countries like Australia who know how to maintain brilliant brains or would not have grown to senior positions.

    Forward  |  Report abuse
shyam roy
We all know how to control fraud or corruption, but .........
by shyam roy on Jan 26, 2010 11:43 PM  | Hide replies

If one thinks carefully, corruption is a mental disease. One really does not enjoy life by earning extra money through corruption and fraud,. It is true that people belonging to the higher strata in the corporate environment commit larger quantum of the fraud and the reason is simple …. they only have the 'power' and the 'delegated authority' to commit fraud.

Internal audit is one process which can really act effectively to stop these nonsense, provided, of course, the auditor himself is sufficiently empowered (his job should be protected through laws) and he himself is honest. This however seems to be only a theory since this basic concept is not going to be implemented (though known to all). There apparently is no actual intention to implement an effective process to control fraud.


    Forward  |  Report abuse
Rahul Verma
Re: We all know how to control fraud or corruption, but .........
by Rahul Verma on Jan 27, 2010 01:44 AM


Why senior executives only? Anybody and everybody in power is corrupt now.

Until recently there were a few "hold-outs" but they are either gone or have been forced to change their "principled" ways!

Kangress introduced and championed corruption in India And now it is everywhere!

It is a parallel and more powerful system that can never be eradicated from India.

So stop complaining and learn to live with it.

   Forward   |   Report abuse
pankaj
what new in this
by pankaj on Jan 26, 2010 11:07 PM

Hello corruption in India since long back ..
give take relation is on going process in world around. Do you think this can be brought in percentage .. sorry it is not one day task at all.... It is deeprooted . if I say this you may think Negative personality or negative thinking. If chamtkar word and Dhan word are getting respect and award by actors what do we expect from our national politics and others.Here we every day morning read the name of neighbouring country news as every one recalls their Dharm ... CORRUPTION CAN NOT BE REMOVED . IF MORE PPL SAY I TAKE BRIBE LIVE AND PPL SAY I GIVE BRIBE IN ONE OF THE CHANNEL THEN IT WILL ONE BABY STEP . ONLY WHEN CORRUPTED PPL COME UNDER MORE CORRUPTED PERSON AND THEIR WORK ARE NOT DONE THEN IT WILL KNOW TO THEM THE FACT ABOUT . SOME TIME I FEEL MORE EDUCATED AND INTELLIGENT PERSON ARE CORRUPTED.
SYSTEM WILL COLLAPSE AUTOMATICALLY THAT WHAT I DREAM EVERONE IS CORRUPTED FROM CHILD HOOD. AT THAT AGE TAKEN BRIBE FROM PARENTS FOR NOT TO CRY.THE MOMENT CORRUPTION ALLOWED OFFICIAL THEN
EVERY ONE WILL BLACK MAIL EACH OTHER IN THE SYSTEM .THEN JUST THINK WHAT WILL HAPPEN JARA SOOCHOOOO LIKE MOTOR MAN OF RAILWAY IF THEY HAVE GONE FOR STRIKE ON 26 THEN NUMBER OF PPL WOULD HAVE BEEN NOTICE ...
hAVE NICE .....

    Forward  |  Report abuse
pankaj
what new in this
by pankaj on Jan 26, 2010 11:07 PM

Hello corruption in India since long back ..
give take relation is on going process in world around. Do you think this can be brought in percentage .. sorry it is not one day task at all.... It is deeprooted . if I say this you may think Negative personality or negative thinking. If chamtkar word and Dhan word are getting respect and award by actors what do we expect from our national politics and others.Here we every day morning read the name of neighbouring country news as every one recalls their Dharm ... CORRUPTION CAN NOT BE REMOVED . IF MORE PPL SAY I TAKE BRIBE LIVE AND PPL SAY I GIVE BRIBE IN ONE OF THE CHANNEL THEN IT WILL ONE BABY STEP . ONLY WHEN CORRUPTED PPL COME UNDER MORE CORRUPTED PERSON AND THEIR WORK ARE NOT DONE THEN IT WILL KNOW TO THEM THE FACT ABOUT . SOME TIME I FEEL MORE EDUCATED AND INTELLIGENT PERSON ARE CORRUPTED.
SYSTEM WILL COLLAPSE AUTOMATICALLY THAT WHAT I DREAM EVERONE IS CORRUPTED FROM CHILD HOOD. AT THAT AGE TAKEN BRIBE FROM PARENTS FOR NOT TO CRY.THE MOMENT CORRUPTION ALLOWED OFFICIAL THEN
EVERY ONE WILL BLACK MAIL EACH OTHER IN THE SYSTEM .THEN JUST THINK WHAT WILL HAPPEN JARA SOOCHOOOO LIKE MOTOR MAN OF RAILWAY IF THEY HAVE GONE FOR STRIKE ON 26 THEN NUMBER OF PPL WOULD HAVE BEEN NOTICE ...
hAVE NICE .....

    Forward  |  Report abuse
Jas
Silly Biased Study
by Jas on Jan 26, 2010 11:03 PM

Bogus study of 742 people only

1. 95% of companies cook balance sheet. NOT POSSIBLE. If true, what is Income Tax department doing?

2. Most corruption is in procurement/purchase, which happens mostly in manufacturing industry. NOT in IT/ITES industry.

3. Nepotism is indeed rampant. you can see tamilians and telugus how they recruit.

    Forward  |  Report abuse
rahul mishra
thamx.....
by rahul mishra on Jan 26, 2010 10:45 PM

thamx.....that is why there are senior...like me....

    Forward  |  Report abuse
Bodh Ramdeo
corruption at the top
by Bodh Ramdeo on Jan 26, 2010 10:17 PM  | Hide replies

Rubbish- without corruption the entire state will disintegrate, as without the huge amount of black money to keep the neta-babu-mafia machine going, everything will collapse- there will be no services as babudom and netadom will stop working and there will be utter chaos.[ehmmm..]

    Forward  |  Report abuse
subas das
Re: corruption at the top
by subas das on Jan 27, 2010 01:00 AM
I agree with you. The study is 100% bogus. Probably, they have only interviewed corrupt govt employees. Otherwise what is scope for midle or lower middle management employee in a private sector ......

   Forward   |   Report abuse
UMESHCHANDRA GUPTA
very late reporting Sir
by UMESHCHANDRA GUPTA on Jan 26, 2010 09:12 PM

Yes it is a fact----------what are we doing about it----------our system is also supporting

    Forward  |  Report abuse
Total 179 messages Pages: | 1 | 2 | 3 | 4 | 5   Older >   >>
Write a message