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Comment Re:I thought this was the only way SAP gets sold. (Score 1) 72

That's pretty much how anything gets sold to the government of India. There is a well know "procedure" of doing it too. Western companies hire and pay huge sums of money to local consulting companies to do "Consulting" with the local governments. What the consulting companies really do is, they transfer that money to the officials in the local government and will in turn generate an invoice for the western company. So the transaction from the perspective of the western company selling any goods is "white". It just appears like the western company just hired the services of an Indian company to help them "figure out" the local market. Making it legal from the perspective of the western company. What really happened is that they indirectly just bribed the officials in the local government to purchase their goods. Some of these officials in the Indian government are Billionaires who have stashed away all their ill gotten wealth in Swiss banks, including many former Prime Ministers of the country.

Comment Re: Oracle's monopoly? (Score 2) 457

I have used iPhone and iPad. They gave me a shitty experience. I felt like my devices were still owned by Apple and whenever I was using them I was just doing time. I moved to Android and it feels much better. I have a lot of freedom.

Had Google just straight up used C or C++ we wouldn't be in this predicament.

I sort of agree with you on that point. But C++ lacks core language support for so many fundamental things. Then there are a myriad 3rd party libraries with their own quirks.

Comment Re:Yeah, great (Score 1) 205

A bigger problem in India is, getting raped at the police station for reporting rape. And police refusing the register a case. Followed by improper handling of the crime scene and tampering of evidence for money. And the lack of a working justice and enforcement system in general, puts the life of the victim in peril. Most of the offenders freely roam about on the streets forever. And even if convicted after decades, with the decades in court room proceedings only adding to the agony of the victim, the punishment is a mere slap on the wrist. We even have the chief minister of a state saying "Boys will be Boys". In developed nations, at least the victims can reasonably expect the justice and enforcement systems to handle the case and bring about closure. In India the victim gets raped mentally for life by the justice and enforcement systems.

It's not just rape. Because India does not have a working justice and enforcement system, there is brazen corruption. A recent survey concluded that the Indian Police is the most corrupt, only followed by the RTO (Traffic Police. In India Traffic police is a separate department from the Police). People are not afraid to commit crime. Mafia is strong because people go to them to settle scores, since the real justice and enforcement systems are dysfunctional.

Comment Re:Book value (Score 1) 200

Is there a real cash outflow here OR is this notional? But the impact it has on the income statement, that's real. Because of the writeoff, the profit goes down and hence the tax liability for that period. And as for the assets on the balance sheet going down, no serious analyst would completely believe in goodwill and intangibles presented on the balance sheet and mistake them for real assets, especially in the field of technology.

Disclosure: I am neither a certified public accountant nor a chartered financial analyst.

Comment Re:Just accounting anyway (Score 1) 200

Exactly! The main article saying "Phone Hardware business was only worth $116M", is plain rubbish. Its just that IFRS requires companies to periodically test the impairment of goodwill. And Microsloth found out that the impairment is $5.1B, leaving only $116M in goodwill to be carried on their balance sheet.

I wish I had mod points to mod you up.

Comment But govt wont bother about rampant rape by police (Score 1) 205

A bigger problem in India is, getting raped at the police station for reporting rape. And the lack of a working justice and enforcement system in general, puts the life of the victim in peril. Most of the offenders freely roam about on the streets for ever. And even if convicted after decades, with the decades in court room proceedings only adding to the agony of the victim, the punishment is a mere slap on the wrist. We even have the chief minister of a state saying "Boys will be Boys". Just search the news for "rape India" and you will see how bad the justice system is. The enforcement is corrupt to the core. They will happily erase any evidence for a small sum of money.

Comment Re: Yeah, great (Score 1) 205

A bigger problem in India is, getting raped at the police station for reporting rape. And the lack of a working justice and enforcement system in general, puts the life of the victim in peril. Most of the offenders freely roam about on the streets for ever. And even if convicted after decades, with the decades in court room proceedings only adding to the agony of the victim, the punishment is a mere slap on the wrist. We even have the chief minister of a state saying "Boys will be Boys".

"Gort, klaatu nikto barada." -- The Day the Earth Stood Still

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