The story is mixed up chronologically. He graduates in 1998, sturggles for four years and in 1999 he is earning 50,000 per month. Tomorrow he will be found coming with an IPO based on this so called struggle. Somebody pl. verify the claims.
RE:how to.........
by shruti on Apr 28, 2006 04:45 PM Permalink
I would just like to clearify in case you care. "By 1999-2000, he was making Rs 50,000 a month. Even this was barely enough to make a dent in his debts" making 50,000 is not the end of problems when you have huge credit to pay off. "Subramani then began the process of negotiating with the banks to settle Rs 2.5 crore of debt. After four tough years, he managed" and after four years he managed to reach a consensus with the bank. additionally,"Subramani's days of debt are still not at an end. He stills shells out Rs 50,000-60,000 a month to pay off creditors" which means that this struggle is still ongoing. no point in being critical if you cant process information! just a thought.no offence meant, i mean not really:)
