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Addition : JUP In Cap, Wrong GURUS revelation.

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Dear Sams,One more Aspect which is responsible for this is the aspect of Tr Mars from h8 to Natal Mercury, Aspect of Mars from h8 makes it more malefic, Also Tr Mer is under close affliction of Nodal Axis. It seems Today Mercury was badly on firing range from various malefics in Indian chart.Regards Ajay.--- On Wed, 1/7/09, ajay sehg <ajaysehg wrote:

ajay sehg <ajaysehg JUP In Cap, Wrong GURUS revelation.samva Date: Wednesday, January 7, 2009, 6:34 AM

 

 

 

 

 

 

Dear Sams,Today the Indian stock markets plunged down by more than 7% on account of self confession statement by Satyam Chief Mr Ramalinga. Satyam is Indias leading I.T. company which has around 50,000 software Engineers. It has around 15,000 very high calibre software Engineers who have developed various automation projects. This has caused a strong setback to I.T. industry and to the software Engineers who are working with Satyam.Now If we look in Indian chart, Tr ketu is very closely afflicting Natal mercury, Mercury in Indian chart is lord of h5 of higher intelligence, Mercury is placed in h3 of Initiatives. Moreover today Tr deb jupiter came under exact aspect of natal mars. Jup is lord of h8. This seems to be the reason for this episode.Also our Respected Prof Vkc ji has also stated in his Website that Tr of jup in cap shall reveal the

wrong GURUS, and this is just the start and many more misdeeds revelation are around the corner.Regards. Ajay.

Satyam chief quits, shares plunge

 

 

 

 

 

 

 

 

 

BANGALORE (Reuters) - The head of embattled Satyam Computer Services (SATYAM.BO : 39.95 -139.15) resigned on Wednesday and said the firm's profits had been inflated, sending the stock down more than 80 percent and roiling investor confidence. India's biggest corporate scandal in memory threatens future foreign investment flows into Asia's third-largest economy and casts a cloud over growth in its once-booming outsourcing sector. Ramalinga Raju, founder and chairman of Satyam, India's fourth-largest outsourcer, said in a statement the company's profits had been inflated over recent years but no other board member had been aware of the financial irregularities. "The gap in the balance sheet has arisen purely on account of inflated profits over a period of the last several years," Raju said, adding he was prepared to face up to the legal consequences. The shocking revelation came after Satyam's botched attempt last month to buy two construction firms partly-owned by the company's founders and as the World Bank, a major customer, barred Satyam from new business, citing "improper benefits" given to Bank officials. Satyam has demanded those comments be retracted. The company's value has slumped to little more than $500 million from around $7 billion as recently as last June. "I think there is no future for this stock. This case for India is similar to what happened to Enron in the U.S.," said Jigar Shah, senior vice-president at Kim Eng Securities. "It will not stop at Satyam. Many more companies will come into scrutiny like that. There is a strong possibility investments in India will be affected." The scandal set off a wave of condemnation from Indian market regulators and government officials, and prompted banker Merrill Lynch to terminate its engagement with Satyam. Raju's statement sent Indian equity markets into a tailspin, with Bombay's main benchmark index tumbling 7.2 percent in a firmer session for world markets. "It's going to impact the Indian outsourcing industry. Customers are going to be concerned about offshoring firms in India," said Sudin Apte, country head of Forrester in the western city of Pune. Satyam, which specialises in business software and back-office services for clients such as General Electric and Nestle, said it would go ahead with a planned board meeting on Saturday to consider a share buyback following a rash of broker downgrades even after its acquisitions were called off last month.

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