It happens only in India....overnight celebrity status...Ha Ha Common guys why drag the family with due respects to them.....If God forbid he doesn't do well...pls do not stone Pandits house..
Can I know where I can buy englsih Translation of DAASBODH, by Mr. Shankar Pandit. It is Needless to say that Mr. Vikram must be a staunch follower of the advice of Shri Ramdasswami for reaching such high position. Best wishes to Mr. Vikram and salute to Entire Pandit seniors. Jayant
My apology for saying this but I have no respect for people who work at wall street. I feel his education/smartness is wasted. I have been working for couple of investment banks in wall street, it is a vicious circle where you need to make money setting aside all morales. Luckily I work on the technology side, i have seen these guys scrap out common person's money while earning million $bonus, hefty severance package. Look at the subprime crisis that these guys created. The .dot com bubble where these investmet bankers pumped and dumped stocks. Since past decade you hear so many investment bankers cooling their heal in jail for defrauding investor. Citi, Merrill, JP Morgan, goldman sachs, lehman brothers pay million $ in fine for illegal trading every year. Their policy if you get caught it is 10 mill$ in fine if not then it is a 100 mill.$ profit. The true indian heroes are Mittal, he is such a genius that govt. invite him to revive their steel industry. Indra nooyi turned pepsico into an allround beverage and food company thus rewarding investors with great dividend. Narsimha chari who created the mesh wireless network standard...there are many who created something rather than scalping pennis out of trading slippage, mechanical quant system which keeps scrapping money minute by minute by seeking best price execution (how can you call these investing ? I really don't know). Sorry no offense for the hardworking Vikram pandit.
RE:Vikram pandit great guy but
by stav on Dec 19, 2007 12:44 PM Permalink
No offense, but software workers are not considered wall street geeks. They are a different league.
RE:Vikram pandit great guy but
by Bhupinder Singh on Dec 19, 2007 09:43 AM Permalink
whole globalisation is mess world, media and powerful military are dictating to poor nations,, it is biggest fraud on earth,, vijay sareen c e o vode fone,, could not bribe indian politican , so boung to exit so,,, vikram pandit have greatest success to achieve how to excell in indian market by manipulating and coaxing and making inroad in powerful corridors,, of politics and get easy access to blackmailing the system for their ends,,,, capitalism can not survive with property doom,, like diamond most useless things in world are called diamonds,,, whole world is crazy,,,,,,see innerly and analyse what we are and how high we go, at least we are where from there we starts
RE:Vikram pandit great guy but
by Bhupinder Singh on Dec 19, 2007 09:45 AM Permalink
great guys to creat wealth on air for big m n c,, ;good luck,,,,good salary and good media coverage,,, good for m b a school to project one more personality to earn more money and increase the fee of their school
RE:My boss narayana murthy chief mentor infosys
by Manu Mekala on Dec 18, 2007 05:55 PM Permalink
screw telangana!!! U guys want to take all that andhra people have built away with this We still have all the money dumbasses
I know its great achievement being an Indian, but I see other side also,it might be a business strategy of citigroup as well like pepsi gained more popularity and sale in India after Ms Nooyi.
RE:Business Strategy
by Harish Manwani on Dec 18, 2007 05:59 PM Permalink
For God's sake...granted he has done something unusual, but he's just become the CEO of Citibank, not the President of the US...why does the media have to go overboard for any achievement of Indians abroad? shows a deep-seated ignorance, and a need for the white man's appreciation....this after the feats of guys like Mittal and Ambani..
RE:Business Strategy
by Truth BeTold on Dec 19, 2007 09:38 AM Permalink
Because Citi has more assets under its name (around $2 trillion) than the entire GDP of India.
RE:Business Strategy
by gakkad on Dec 19, 2007 08:21 AM Permalink
India is just a tiny part of business of citi. It is too big. He was chosen because in the middle of the sub prime mess and billion $ write offs no one want that chair. Saudi Prince pumped close to 8 billion $ to bail out citi out of its liquidity crisis. But Vikram pandit is a smart capable guy who will come out winner.
RE:Business Strategy
by Aam Aadmi on Dec 19, 2007 08:40 AM Permalink
India's total market cap of entire Bombay stock market is $1000 Billian. City alone is valued at $200 Billian.
RE:Business Strategy
by hardik mehta on Dec 19, 2007 09:01 AM Permalink
sorry to say dear,but City also valued at 1000B$ interms of marketcap..check this out on forbes..or wiki..
RE:Business Strategy
by Jit K on Dec 21, 2007 12:51 AM Permalink
No way, Hardik. Check on any financial website. As of Dec 20, 2007, Citi's market cap was $148.5 billions (about 5 billion shares outstanding at about $30). There are no trillion dollar market cap companies in the US. ExxonMobil is the largest in market cap (about $500 billion).
RE:Too Much
by naveen yadav on Dec 18, 2007 05:16 PM Permalink
YOU ARE Correct - Iam also not understanding why the rediff is giving so much preference to this Issue.
