A Eulogy to Rama Linga Raju

A Eulogy to Rama Linga Raju

Raju is indeed valiant, brave and really royal. He didn’t run away like that Krishi Bank fellow. He admitted to his follies, though belatedly. Real estate downturn may have wreaked havoc on his audacious plan or else he will have continued to be a hero. There is also a possibility that he spent more on bribing the government functionaries which he may have wanted to set off with the appreciated value in real estate. Still I consider him a hero for a good number of reasons.

He has established a company which ranked fourth in the Indian software industry. Through that, he provided employment to more than 50000 persons. He put Hyderabad on the software map.

The most important is the one related to the poor. In eight minutes, a sick person can get transfer from his home to any hospital of his choice just because of the concept advanced by Sri Rama Linga Raju, 108 Emergency Service. It would not have existed without this humble idea of Rama Linga Raju. It is a wonderful service no Nobel prize winner could ever think of. If Government did it, it would have reached the service level of any squlid sarkari davakhana, a home of filth, delay and corruption. Thank you, Rama Linga Raju, the posterity can never forget your service through 108. Your bungling of Rs.7000 crores is nothing before what you did to the poor and vulnerable. In fact, I would not have minded if you did an error of 17000 crores.

Sorry, Investors, I am sympathetic to Ramalinga Raju for what he did to this country. But all said and done, I cannot help staying with you for the misfortune brought about by Satyam debacle; plan your future investments better and make allowance for such risks.

The law will punish Raju but it does not serve any purpose for you in respect of what you invested in Satyam Computers.