Erratic Business.

Right time at the right moment is the basis of all success.
Skill, talent, prudence and money are all subsidaries.



An industry is prone to ups and downs.
In India ,the cotton spinning industry was doing great in the post independent decade and even some ten years back there was a reasonable profit  in running the mills..
The  latest ten years saw a complete washout.
Only a hand picked textile units were able to sustain.
Mumbai and Ahmedabad the chief centres for spinning cotton yarn ,were in the procedure of closing the gates during late eighties and early nineties saw a mass collapse.
The southern textile mills were making a marginal profit during this period,
This industry ,usually experienced boom and recession al throughout.
But after 1997,there was an abject performance which struck a heavy blow on the mill owners.
There was a helter skelter run of the manging directors, directors ,as the fear of the creditors strategic moves of arresting the mill owners for non payment of bills., loomed large.
The industry lost its credibilty.
The banks were hostile.
The government policies were not supportive.
The rich tycoons became a shadow of themselves overnight.
The few mills ,which were working , managed on slender margins.


Then ,there was Information technology hype.
The software industry was the talk of the decade.
A job in a software company was an ideal one.
The charm of medicine and commerce  was lost.
Lured by the high returns, software companies propped up in hundreds and thousands.
The wealth accumulation was fastidious, beyond anyone's dream.
Inofsys is money spinner.
Wipro, cognizant , TCS are in the run.
There is an extensive growth of splendour.
The IT men became the nouveau rich.
Satyam , saw a fine trend .
It competed with the leading sotware companies.
Its Chief ,Ramaling a raju , was a man with a golden wand.
His company saw an enormity that it went into diversiifcations very soon.
The eggs in the basket were hatching one by one.
Many had a development that was unprecedently rapid.
A few had hiccups.
Raju indulges in transferring huge amount rom Satyam to Mayatas.
Incidentally Mayatas is an acronym of Satyam, so the money ,which was swept rom Satyam to mayatas could also be defined as an acronym.
Truth got unravelled gradually.


One fine ,morning , there was a spontaneous terrible  quake in the world  of Satyam.
The magnitude was so high and intense ,that the outbreak was hard to believe.
One by one the house built of cards crumbled.
Raju and his close aides were imprisoned.
Today, it is reported that he is  suffering from chronic illness.
The tale seems unbelievable.
We are familiar with rags to riches themes.
The riches to rags concept is peculiar and at the same time perplexing.



Do you think that this is the end of  the story?
Never be misguided.
Many more such erratic business would occur, sending the trespassers to the prison and deceiving the beleivers.
That is how life goes on.