Friday, January 09, 2009

Still a hero

Ramalinga Raju has been a great entrepreneur.

While the truth about the Dec-08 to Jan-09 melodrama is still unfolding, one should not miss the truth about his enterprise, entrepreneurship, pioneering and towering achievements.
At least for a considerable amount of time, he had been a bright star in corporate India's firmament.

Long live the fire with which he kindled a glowing chapter in India's business world in general and Indian IT industry in particular..

One of the few companies and one of the few entrepreneurs that Andhra Pradesh and Telugu people had been very proud of, have got permanently tainted, unfortunately.

The way Mr. Raju allegedly mishandled it all will remain as a huge case study - as sadly in business education as in criminal law.

Somehow, Andhra Pradesh itself seems to be a land of such ill-fated entrepreneurs and enterprises. Dharma Teja's Jayanti Shipping Company of 1960s, NT Rama Rao (the legend of cinema turned politician) of 1980s, and Ramalinga Raju and Satyam of 1990s-2000s are all stories of self-makers-and-destroyers.

They still remain as heroes and legends.

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