Petty fight!

Mckinsey sues RIL, RCom over dues:

http://www.rediff.com/money/2007/jul/23mac.htm

Interesting especially given the fact that the amount in question(Rs 27 crores) is peanuts to either brother!

One wonders what would be the cost of litigation and the loss of opportunity for both RIL and RCom since a lot of its top executives will have to devote significant time fighting each other!

This may just end up being a case of 'Penny wise, Pound foolish!'

PS: If RIL's claim that it has transferred the RCom business to Anil Ambani along with all assets and liabilities in 2005 is valid, I think the onus of clearing the dues lies with Anil Ambani's group.

U still there?

Past few weeks have been hectic!

I changed my job and from comfortable confines of an established IT company, I have plunged into exciting unknowns of a relatively smaller,‘start-up’ish IT company.

Not that I had a problem with my previous organization. It was a good name, I was very much settled. Though the workings of an established organization tend to be slow and hence frustrating, I felt rewarded and at the same time, I was given what I wanted! However, one fine day, a great profile came my way from a smaller company and I couldn’t resist. I thought it may be a risk but it may be a risk worth-taking! Even if things go wrong, I will be satisfied that I tried!

Another thing, this new company is in Navi Mumbai and has no transport facilities. I couldn’t have traveled daily from a western suburb (where my home is) to Navi Mumbai on my own and hence I decided to shift to Navi Mumbai. Parents will shift in about 6-8 months but at this point, wife and me are based out of Navi Mumbai(on weekdays that is; weekends are with parents in Western Mumbai!).

I am not someone who is on friendly terms with change and lately there have been major changes! Took my time coping with those and hence the blogging activity paused. I can’t claim to be a regular blogger anyway but in this case, I shut shop completely!

Anyways, if you are still visiting my blog, this is just to inform you that we’ve re-opened!

Welcome back!