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World Oil Markets- Commodity Decline or ‘Staged’ Speculation

During the past 8 months, crude oil has declined form 147.00 USD a barrel to 36.00 USD a barrel. International markets have felt the ripple effect of this diving commodity, the world over. From third world countries to NATO powers, from Hedge funds to equity markets, none have been left unpunished. Lets talk about why [...]

GM’s ‘Tank on Empty’ – Aftermath or Economic Indicator

General Motors Chief Operating Officer Fritz Henderson said the automaker expected to receive a delayed U.S. government loan payment in the next several days that it needs to avoid running out of cash.GM received an initial $4 billion in emergency funding from the U.S. Treasury on December 31 and had expected to receive its next [...]

IT/Telecom in the US – Presidents and Blackberries

Despite the global economic turmoil, it seems that the media shall continue to create hype around President Elect, Barrack Obama’s ‘Blackberry’ (which happens to be a commercial brand), and how he may have to forego this ‘business necessity’ of his, owing to national security issues. Instead of using this matter as an excuse for creating [...]

World Bank in Action – Act of Justice or Economic Stratagem

Satyam Computer Services, Wipro, Megasoft Consultants Ltd, and another 3 major software exporters from India are on WB’s list of debarred companies. According to news agencies, it is due to inconsistencies in their financial representations, charges of bribery and lack of proper documentation of invoices. Satyam alone has been banned for eight years. There is [...]

Is this the right time for businesses to invest in IT ?

Recession is the only real time where the organizations get enough time to re-think and make radical changes to their strategic assets. While in boom the best you can afford to do is continuous improvement; you normally can’t afford to experiment and re-engineer your core business processes (and IT assets supporting them) while you’re overwhelmed [...]

Reminiscing 08 – What have we learned ‘NOT’ to do

GM, Lehman, AIG, CitiGroup, and of course, dear ‘Bernie’ Madoff. With the past behind us, and a substantial part of our prospective future buried with it – many of us think about what we learned from all the economic dilemma surrounding us, and how it has (supposedly) made us better at what we do. A [...]

The future is easy as it does’nt exist but the past is painful as it lives forever….

The economic condition of the world is getting worse on daily basis no matter how much we speculate about the future, a cent rises today and then the market falls a dollar tomorrow. Stocks plunging down as the U.S auto bail out fails. The 700$ billion bailout earlier didn’t really cultivate the economy. Thousands of [...]