The God Opens His Demat Account!
Son:
The world’s richest God Tirupati Thimmappa (Balaji) has opened a demat account,
dad!
Father: Oh!
My God! Go on, son.
Son:
The purpose is to enable the devotees to donate shares and securities who are
now dropping the share certificates in hundies, dad.
Father: Go
on, son.
Son:
The God was said to be facing lots of difficulties in getting such shares
transferred in his name, dad.
Father: Go
on, son.
Son:
It is not yet clear whether the God will sell these shares through the stock
exchanges, dad.
Father: Go on, Son.
Son: However, certain brokerage
houses are already reported to be offering prayers to secure the prestigious God’s
share business, dad!
Father: I don’t know, son!
The Income Tax Paying University!
Son:
Many of the industries established by the legendary statesman Sir M Visvesyaraya
(Sir MV) in Karnataka are suffering losses because of mismanagement, dad.
Father:
True. Go on, son.
Son:
However, Sir MV may be smiling in the heavens to find an education institution
(University) in his name in his own state making huge income tax payments, dad!
Father:
Wonderful. Go on, son.
Son:
The Income Tax Department is said to
have assessed and recovered tax arrears of Rs220 crore from the cash-rich
Visvesyaraya Technological
University (VTU) for the last six years, dad.
Father:
Interesting. Go on, son.
Son:
The university is reported to be sitting on a cash pile (reserves and
surpluses) of over Rs466.30 crore, dad!
Father:
Wonderful. Go on, son.
Son:
A report in Asian Age had said that the Vice-Chancellor of VTU had spent Rs4
crore to renovate his bungalow, dad!
Father:
Understandable! Go on, son.
Son:
The expenses included money spent on golden German bathroom fittings for a
number of bathrooms in the bungalow, dad!
Father:
I don’t know, son!
Not Patented!
Son:
The Japanese business conglomerate Toshiba has withdrawn its earning guidance
and scrapped its year-end dividend payment, following the detection of improper
accounting in some of its infrastructure projects, dad.
Father:
True. Go on, son.
Son:
An independent investigation had found that construction costs for certain
projects were under-estimated and losses in construction work were not
recorded, dad.
Father:
Go on, son.
Son:
The company is reported to have inflated its profits by over $1.2 billion over
a period of several years, dad!
Father:
Oh! My God! Go on, son.
Son:
The Indian analysts say that the modus
operandi appears to have been copied from a formerly well-known Indian software
company based in Hyderabad, dad!
Father: Which
company? Go on, son.
Son:
Some of them reportedly approached the former CEO of the company, (who is
facing seven years’ punishment), for his comments, dad.
Father: Go
on, son.
Son:
He is said to have agreed that the methodology seems to be a perfect copy and he
regretted his failure to patent his product (modus operandi) internationally,
dad!
Father: I
don’t know, son!
A Hospital Director or a Terminator!
Son:
The Prestigious National Institute of Mental Health and Neurosciences (NIMHANS)
in Bengaluru is in the news for all the wrong reasons, dad.
Father:
Like what? Go on, son.
Son:
Dr. N Pradhan, Director-in-Charge of
NIMHANS, whose tenure was to end on 31 July, has terminated the services of the
Registrar on 28 July, dad.
Father:
Go on, son.
Son:
Last week he had terminated the services of his predecessor Dr. Satish Chandra
stating that he cannot continue as faculty member, dad!
Father:
Go on, son.
Son:
He had also terminated the services of many other faculty members earlier, dad!
Father:
Go on, son.
Son:
Hopefully the termination spree seems to have ended with his tenure coming to an
end on 31 July 2015, dad!
Father: I
don’t know, son!
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