THE REAL INDIAN ENRON IS ROUND THE CORNER.

The real Indian Enron is yet to come as most people including knowledgeable people handling Indian corporate matters or the share market movers are purchasable commodities who refuse to see the reality staring at them in the face. These scamsters have huge media budgets to keep our media happy from digging deep into their nefarious activities. Yet, the moment any scandal breaks these same media jokers plaster their former patrons through “Breaking News” streaming and screaming coverage for improving their viewer ship ratings or media circulation.

The scamsters also help themselves to get manipulated prestigious awards which have nothing to do with genuine corporate performance. The real Indian Enron will be the closely held and most unprofessionally crony run family business in the energy sector. They recruit the best professionals in the business paying fat salaries but do not avail of their expertise. These experts are soon frustrated as they have to do the bidding of the owner's cronies and family members, which result in wrong decisions which in turn leads to huge losses in the business as indeed all the businesses that this most hyped Indian corporate entity has been entering have incurred staggering losses. These professionals also cannot just resign and leave as the paycheck is too lucrative to forgo or a matching substitute found in a hurry.

These highly paid experts in their fields are mere window dressing in order to fool the public and stakeholders that the company is in best hands and then the nouveau-riche owners enter the share market with high premium IPOs a substantial part of which they skim off to their personal account and indulge in a vulgar rich lifestyle via highly inflated big projects undertaken for which the IPO was issued. With poor cash flows arising out of repeated business failures the company has even run out of working capital, incurred huge debts from all over which they are desperately trying to service to avoid being defaulters. They are very fast running out of viable options before the bubble bursts. That’s when the Indian Enron will become a reality with disastrous aftermath that will wipe out millions of their hard earned money.