DDA…simply amazing! Here's why

Now, here’s what I was trying to say in my last post, but stopped short. I thought it best to let you read it first in the newspaper.

If you look up today’s HT and turn through the sports pages chances are that you would notice a brief item with a headline – Playing golf just got cheaper.

But, it’s not the headline which will make you curse the DDA but follows …

Here read it for yourself…

Carrying forward its endeavour of “taking golf to the common man’s doorstep”, the Delhi Development Authority (DDA) threw open the country’s second public course on January 8. Though a practice range and three greens were in existence since 2003, the nine-hole course was commissioned last Thursday. Adjacent to the Bhalaswa Lake Complex in the northern end of the capital, officials are confident the Bhalaswa course will be a boost for “deficient” areas…

My point here is that after getting embroiled in the ‘lottery scam’ (draw of lots) the DDA had the guts to do something like this.

That’s why I had said the DDA never ceases to amaze me.

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DDA…simply amazing!
Why waste money on DDA schemes?
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DDA...simply amazing!

The DDA never ceases to amaze me.

You won’t believe that after getting embroiled in the ‘lottery scam’ (draw of lots) they have embarked on another venture.

Though, there’s nothing fishy about it but the mere fact that they are into this business and at such a time beats logic.

Watch out for this space tomorrow to know what that is…

Older posts on DDA
Why waste money on DDA schemes?
Good news

Surprising, but true!

Today I got to know an interesting point about Satyam.

Now, now…Satyam has got nothing to do with Real Estate (or has it LOL), but I am still reading and writing on it as I have somewhat developed an interest in the company’s affairs of late.

Not that I wasn’t interested in it, for I was a regular user of it’s service Sify Broadband, before I decided to discontinue it after facing innumerable problems. In fact, calling it slow would be an understatement.

Before I tell you what the interesting point is let me just talk about the service itself. Last night, while chatting away with my neighbour, I said, “Its service is terrible and worst it’s expensive.”

But he disagreed saying, “Please don’t say that, it’s not so bad after all.”

He explained, “Its Internet service was initially started for cyber cafes, but was gradually put for personal use. That’s when the problem started.”

I would still say that the service is over priced.

Now that the monkey is off my back, let’s touch up that interesting fact.

Amidst all the humdrum about it’s founder Ramalinga Raju arrested and charged, and the board of directors sacked only to be replaced by government functionaries, in came an interesting observation – it was about their acting-CEO Ram Mynampati.

Here’s what…Mynampati, now being questioned by SEBI, earned more than Raju.

His total package last year was over Rs 3.5 crore, 80 per cent more than Raju.

What say?

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It’s all over for Satyam's Raju

Strangely after criticising the World Bank for the ban imposed by them on the company on account of fraudulent dealings, Satyam chairman Ramalinga Raju has finally stepped down from his high horse.

On Wednesday, after sending an apology letter to all the company’s stockholders, Raju finally resigned.

He even admitted to all the wrong doings that he had done in a bid to acquire Maytas Properties and Maytas Infra.

Subsequently, many brokerage firms including Credit Suisse, Religare and Angel Broking suspended their coverage of Satyam Computer’s shares.

Wish something similar could be down about their Internet service Sify Broadband. If you are a user I am sure you would know what I am talking about…