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Saturday, 24 August 2013

Microsoft and UPA

Share price of Microsoft went up by 10% after Ballmer announced  hanging his boot. In fact , he himself got richer by 1 billion dollar in a day.  Microsoft which has been doing so dull on wall street for last so many years has suddenly been rejuvenated.  It's time now for Manmohan to follow the suit. May be a lot of his party fellows along with him will become richer......BTw , resigning could never been so beneficial as it could be today. That is only way to stop the slide of Rupee and make the CAD positive. The fall is not economic, it is political. India story is similar to Microsoft. If Ballmer didn't let Microsoft to get into mobile technology and tap what Google  and Apple could easily do, India also not able to catch the growth engines. Microsoft relied on license cost, India also could not get out of the complex tax laws and FMs thought that is the only way to control fiscal deficit. If Microsoft didn't promote innovation, We also never thought of skill development and expanding the manufacturing base. Microsoft thought no one can match their PC programmes and India thought no matter what they do, FDI. will keep coming and India shining story will continue to sell. Dear UPA team, it's high time pl follow what Ballmer has done , Google ( NaMo) is catching up too quickly and at the same time stakeholder (India common man) is loosing too much of market valuation. By issuing bonus shares and dividends ( food bill) , you are not doing good to the capital and creating more fiscal deficit. It's time for new thinking , the stakeholder is getting anxious to get rid of you.

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