Just how much intellectual fraud can Delhi produce?

March 26, 2009 — drsubrotoroy

Today’s English-language newspapers report a front-page story that suggests the extent of intellectual fraud emanating from our capital-city’s English-speaking elite may be unending and limitless and uncontrollable (and this  Delhi-based elite has spread itself to other places in the country too).

Such  may be a source of our ridiculous politics, paralleled by the corruption in organized business in both public and private sectors.  Delhi was perhaps the wrong place to which to move India’s capital  one hundred years ago; the geography was such that it made ordinary survival hard or at least highly stressful, and when you have a capital-city in which the elite have to work so hard all the time merely to remain within the city-limits, it was inevitable perhaps that truthfulness and honesty would become  major casualties.

Subroto Roy

Posted in Academic fraud, Academic freedom, Academic research, Books, Fraud, India's corruption, India's emigrants to the West, India's nomenclatura, India's political lobbyists, India's pork-barrel politics, India's private TV channels, India's zombie companies, Mendacity, New Delhi, Political corruption, Political mendacity. Leave a Comment »

Memo to GoI CLB: India discovered the Zero, and 51% of Zero is still Zero

March 10, 2009 — drsubrotoroy

We in India are justly proud to have once discovered the Zero, which arose, as far as I recall, from a philosophical notion of possible Nothingness (Shunya), though of course there is a long history that came to follow in Indian mathematics.

The Government of India’s Company Law Board (and the pompous honchos they have gone about appointing here and there) may need to be reminded that by any system of mathematics, 51% of Zero still remains, uhmmmm, Zero.

Bankrupt companies get sold for nominal prices like Rs 100 or perhaps $2.  But of course it is not impossible a notorious Government contractor or two will pump money in as a backdoor public subsidy aimed at creating a zombie.

Subroto Roy

Posted in Accounting and audit, Bankruptcy, Corporate Finance, Corporate fraud, Corporate Governance, Government of India, India's corporate finance, India's corporate governance, India's corruption, India's crimes, India's zombie companies, Indian mathematics, Satyam corporate fraud, Zero, Zombie companies. 1 Comment »