Yanesh Tyagi writes …

October 1, 2008

Impact Of Economic Slowdown On Existing IT Projects

Filed under: Diary, Finance, Personal Finance — yaneshtyagi @ 3:56 am
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In my last post I discussed the impact of US economical crises on Indian IT firms. In this post, I will discuss the impact of slowdown on the existing projects. Existing projects that are going on since long time or that has been awarded but not started will also have negative impacts of the US slowdown. And not only US slowdown, the world wide economic crises will result in the financial cut down and increased number of firings.

To summarize my thoughts on current developments, I should say that:

1. Fresh negotiations on the payout will take place on downward side. In the view of financial crises, companies will start fresh negotiations on the payout and expenses of existing projects.

2. Kick off dates for the new projects will be delayed.

3. Contracts may takes more time to be awarded as companies will wait for the market to be stable.

4. Start dates will get deferred. Those projects, whose contracts has already been finalized, will face delay in the starting date. These will go on hold as the priorities of the companies has got changed now.

5. Consolidations and mergers of banks like the Bank of America’s buyout of Merill Lynch would lead to the reduced budget for IT spending. Merger will result in the duplication of outsourced deals to domestic IT firms, and consequently truncation of some deals, which will result in loss of revenue.

6. Reduction in on site jobs. Since calling people on site from India costs more to companies, these will prefer to get their work done from offshore.

Manmohan Singh, the Prime Minister of India, yesterday said that India will not remain un-touched with the world wide economic crises. According to him, Indian economy will be badly affected in the long run.

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September 30, 2008

Indian IT Companies and US Crises – Will They Survive?

Filed under: Diary, Finance, Personal Finance — yaneshtyagi @ 3:27 am
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Everyone has one question in mind – what is the impact of US economical crises on Indian IT companies and Jobs. Though there will be reduction in the jobs and people may get fired, companies will be able to cop the problem and get strengthened over the time.

Most Indian IT companies gets a major portion of their revenue from US market. The BFSI (Banking, Finance, Service and Investment) sector is the major source of revenue for these IT companies like Infosys, Satyam, Wipro and TCS.

The sinking US economy will definitely have adverse effect on these companies. But this effect will take around one month to come into effect. Presently, companies have orders in hand and they are executing projects. But after one month, when payments will be due and there will be delay in payments, Indian IT cos. will come into crises.

US BFSI cos. which are not in a position to make payments for IT department, will start reducing the manpower from their projects. In this situation, Indian cos. will have burns on both sides. They will suffer shortage of funds and there were non-billable people sitting on the bench.

This will be an unhealthy situation. Companies will start firing people as they have to survive. There will be jobless people everywhere. I can see that the situation will be very much the same as that was in 2001-02.

But this will be a second lesson to Indian companies. In the last set-back most companies diversified their clients to Europe and Asia. This time these companies will find new markets. In the long run, this will reduce dependency on one geographical market making the companies more stable and recession-proof.

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April 2, 2008

Birthday … or April Fool

Filed under: Diary — yaneshtyagi @ 7:56 pm

What is the relation between birthday and april fool?

Well, you may call people at a food junction telling them that today (1st of Aptil) is your birthday. Most will believe you and wait for you at the food junctions. but some will be smart enough to figure out that it’s the Fool’s Day.

But what if somebody actually born on Fool’s Day? My boss, Kiran, is one of those rare persons. He was born on the first day of April. There was a great party at our office cafetria (to make us believe!). We brought a very beautiful chocolaty cake for him.

Kiran told us the same story. He used to call people for his b’day and people thought that he would be fooling them. He used to keep waiting at the cake table and nobody turns up. He then had to call them many times and turn all the stones to make them believe that it was a real party.

Kiran will give us an unoffical party on Friday ………………………………………not to be disclosed.

I have one more friend who has a very unique thing about his b’day. This year he celebrated his 11th birthday. And his daughter is doing Post Graduation at the university (believe me!). I will discuss that later on.

November 22, 2007

How To Purchase A Laptop

Filed under: Diary — yaneshtyagi @ 5:12 pm
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Question: How many people are required to purchase a laptop?

Answer: Five.

Question: And what is the flowchart of purchasing a laptop?

Answer: Acquire 100% resources –> Drink beer –> Have lunch –> Go to theatre –> Watch movie –> Then release 60% of resources and utilize 40% resources to buy laptop –> The process is exhausting so re-energize 40% resources with more beer.

Don’t believe me? Read the story below (it’s real):

Bob is a software professional who is working for a large MNC. Currently he is posted at client side. He has a team of six people who share good chemistry. Today one of his team mate Mr. M decided to buy a laptop. His office is very near to largest electronics market so it was decided that team will go to buy laptop in the lunch time.

Unfortunately, nobody in the team brought their car today. Usually people use company provided cabs for commute from home to office and back. So they decided to hire an auto. Bob and his mates asked many auto driver but all denied. Finally it was decided that they will take bus. After long wait bus stand, finally a bus arrived. Frustrated after waiting long time, they were onboard in fraction of seconds. Things seemed to be on the right path when they discovered that they had boarded wrong bus. After changing the bus at the next stop, they finally went to the market.

While passing through the theatre M proposed for watching the movie. Mr. V proposed for having lunch. Se it was decided that they will watch the movie after lunch and they they will buy laptop. The restaurant was unfortunately close to the beer and wine shop. It allowed carry and drink facility. Mr. D proposed for beer and Mr. G immediately approved. V and M gave silent approval. Bob doesn’t take alcohol so his vote was neutral. Since nobody opposed the idea, they decided to have beer first, and than lunch and then movie. Purchasing laptop was last in the list.

Things went well as planned. They had beer and then had lunch. After lunch every body enjoyed movie. D and G want to have more beer. But theatre management didn’t allow them to go outside while the show was running. By than, it was evening and almost dark. The office cab would leave in the one hour. So it was decided that first they will go to office and M and D will come back to buy laptop. D wanted to drink more beer. He proposed to drink one more beer and then go to office and then come back to buy laptop. Bob along with G and V opposed it. Going to office after having beer was not appropriate. So finally it was decided that M and D will purchase laptop, have more beer and than went to home. Bob, G and V will go back to the office.

What happened next is that they follow the plan. In the night Bob called M to confirm weather they had purchased the laptop or not. M had purchased it.

Who is Bob? It’s a suspense. I will revel it at the appropriate time.

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November 11, 2007

Happy Diwali

Filed under: Diary — yaneshtyagi @ 6:42 am

Diwali is the celebration of enlightenment. This year, Diwali fulfilled one of my dream. I always fantasized about wearing traditional India dress – dhoti kurta in office. But you are not allowed wearing such dress in office – damn office protocol. On Diwali, our admin department was kind enough to let us wear ethnic wear. I took the opportunity and wear dhoti kurta.

Diwali is a five day celebration. The first day is called dhanteras. Traditionally, utensils are purchased on this day. Second day is chotti Diwali also called Naraka Chaturdashi. This is said to be the Diwali of shopkeepers. People buy sweets, crackers etc, on this day. The third day -Diwali is the main festival. People wear new clothes and distribute sweets. People worship the goddess of wealth – Laxmi along with Ganesha, the son of Lord Shiva. The next day is Govardhan Puja. The go-dhan i.e. cattle especially cow is worshiped this day. The last day is Bhaiduj, the day to express love between brothers a sisters.

Every corner of the city is lighted with candles and diyas. Now-a-days people use electric lights. The city seems like beautiful heaven. People burn crackers and fire works.

But I have some concerns. First, why we celebrate Diwali. Common belief is that Lord Rama returned to Ayodhya on this day after killing Ravana, the king of Lanka. Then why don’t we worship Lord Rama? Some people believe this day as the beginning of Hindu financial year. So we worship goddess Laxmi. That’s OK. Then why do we waste money in crackers?

We do worse to our environment on this auspicious day. Crackers cause lots of air pollution and noise pollution (report). People suffering with heart disease are prone to attack because of the loud and sudden noise of crackers. The amount of poisonous gases such as sulphur dioxide, carbon monoxide in the air increases beyond limits on Diwali. Even you are not able to breath smoothly.

In India, we have less electricity than we need. And we waste thousands of megawatts of electricity on a single day. Does this do any good to us or our country? As a responsible citizen, we must think about these problems.

The true celebration of Diwali, however, means something else. Diwali comes after a chain of festivals. First comes navratras. This is a nine day festival where people keep fasts and pray different goddesses. People prey shakti (The Power) which governs the world. The aim of navratras is to purify our behavior. It is the process of aatm-shuddhi i.e. purification of one’s thoughts. After navratra, comes Dussehra. This is celebrated as the victory of good over the evil. This means that by dushhera, we have cleared and purified our thoughts. A pure heart is subject to enlightenment. So now we are on the path of enlightenment. Then came Diwali – the festival of enlightenment. By now, our thoughts are purest and our heart is full of enlightenment.

So Diwali is about the lightning of our inner self and not about wasting electricity and polluting air. I hope, next time before purchasing crackers, we will think about it.

October 17, 2007

A Recipe For Killing Internet In India

Filed under: Diary — yaneshtyagi @ 6:20 pm

A news published in Times Of India, Oct 17th, 2007 (internet edition)

A Recipe For Killing Internet In India

Standing Committee Goes Against International Norms To Stack Odds Against Net Service Providers, Says Manoj Mitta

There is a clear and present danger to internet in India। If the recommendations of the parliamentary standing committee were to go through, you might as well pull the shutters down on the net in the country, because the committee seeks to raise the liability of internet service providers for any third party content in a manner that it will become difficult to run the service and stay away from jail.

This isn’t an exaggeration. Over 85% of internet deals with third party content। This includes search engines, mail services, messengers, blogs, communication and community sites. If they were to be held responsible for the sites searched, mails sent, blogs filed or scraps on community sites then service providers would be hauled up by the police for acts they are not even faintly responsible for.

Why, then, is the committee proposing this insanity? The answer is simple — the committee has failed to understand the internet। Frankly, there’s no difference between the phone and the postal service and the net — it’s just that one delivers voice or post and the other data. Both deal with third party content which is impossible to verify.

How would a mail service know, for instance, if two friends exchange copyright material? Or, how would a search engine track if someone accesses sites spreading hatred, or worse, promoting terror? It’s all out there — the responsibility of who fetches what should be that of the individual, not the service provider।

Therefore, what the standing committee is seeking to do is something like making a postal service responsible for every mischievous mail it delivers — perhaps by a drug dealer giving details of a consignment or a student sending photocopies of a book and hence infringing on copyright। Or, something like making a phone service, such as MTNL or BSNL, responsible for every bit of dirty talk or criminal conspiracy over its wires.

Perhaps the committee is confusing internet with media like TV or print. In the latter, content is either self-generated or by designated news or TV agencies. The content goes through several layers of vetting and checks. This is not true of internet sites that provide mail service, aggregation of communities, picture sharing, etc।

This is possibly why in its report last month on the Information Technology (Amendment) Bill 2006, the committee headed by Congress MP Nikhil Kumar has called upon the government to abandon the proposal to reduce the liability of service providers or intermediaries in the wake of industry outrage over the 2004 arrest of Baazee।com’s CEO for the auction of a CD containing an infamous student porn MMS.

The bone of contention is Section 79 of the IT Act 2000 which says that no service provider shall be liable for any third party information if he proves that the offence was committed ”without his knowledge or that he had exercised all due diligence” to prevent the commission of such contravention।

Since the existing safeguard failed to save Baazee.com CEO Avnish Bajaj from being subjected to the ignominy of arrest and detention, the government sought to reduce the liability further in its 2006 Bill. The Bill raises the bar for taking action against ISPs by stipulating that they are not liable unless it is proved that they have conspired or abetted in the commission of the unlawful act.

Service providers under no obligation in US, EU
This is really how the law is in both Europe and in the US। To the industry here, the proposed amendment seemed a fair safeguard। But the standing committee, far from endorsing the change, has recommended that the existing Section 79 should be strengthened by casting ”a definite obligation” on the service providers to ensure that the third party information was within the parameters of the law especially because ”it is very difficult to establish conspiracy or abetment” on their part।

The committee also took objection to the Bill’s proposal to relieve the service providers of the burden of demonstrating that they had exercised due diligence to prevent the third parties from misusing online market places and auction sites। ”The committee are of the firm opinion that if explicit provisions about blocking of objectionable material through various means are not codified, expecting self-regulation from the intermediaries, who basically work for commercial gains (sic), will just remain a pipedream,” it said.

For all its efforts to make out a case for increasing the liability of service providers, the committee glossed over the fact that the Bill was in tune with the approach adopted by advanced countries that have given sufficient thought before framing their Internet laws. Take, for instance, the relevant law in the European Union. It says that a service provider storing third party information is liable to criminal action only when he ”by intent is storing illegal information or assisting in illegal activities।”

What is even more contrary to the committee’s report is the express clarification in the European law that its provisions ”do not impose a general obligation on service providers to monitor the information, which they transmit, or store on the request of a recipient for the service, nor a general obligation to seek facts or circumstances indicating illegal activities.” Similarly, in the US, both courts and legislation broadly seek to reduce the liability of service providers on charges such as copyright infringement and defamation।

The Digital Millennium Copyright Act, for instance, spells out the criteria for establishing liability and makes it difficult to sue service providers vicariously for copyright infringement committed by third parties. So, which way should Indian laws go? The way the advanced countries have gone, or in accordance with the wishes of some misinformed MPs that would spell the death of Internet in India

TOI Link: http://epaper.timesofindia.com/Daily/skins/TOI/navigator.asp?Daily=C

October 7, 2007

Beware of Big Names … (Accenture)

Filed under: Diary, Technology — yaneshtyagi @ 5:47 pm

I was just reading interview of Shivprasad Koirala (author of .Net Interview Question) with Times. He said many interesting things but the thing which caught my thoughts is his experience with Avanade Accenture. In his own words

when i was working in Avanade Accenture my salary was reduced because of not performing good. But i had actually
performed , atleast i was not worth of negative salary, if not a decent hike. I felt bad because my hard work was not appreciated. I did not feel bad because my salary was reduced or the work was not appreciated. While working in Accenture i used to normally come late hours. When i communicated my negative salary to my family, my wife just said then what where you doing all those late nights in Accenture when your performance is rated so bad and I broke off because i had no answer to hidden politics.

Yes big companies have lots of politics. I always believe that working in a smaller company gave you good exposure and knowledge. In a big company, you have very little responsibility. And the creativity there is most of the time zero. You are bound to the procedures and other things. And now Shiv revels that politics is also a key factor. I have heard that there is no job security with Accenture. Accenture is known to fire people, if its project is finished or it looses a project. And now you see its negative approach for its employees. Instead of promotion and increments, it reduces the salaries. With all the knowledge that Shiv has, I can’t believe that he did not perform.

I attended a workshop organized by Avanade Accenture and Microsoft India. I sensed same politics there. One guy was giving some demo about grid computing and his laptop (or software) malfunctioned. His boss, instead of helping him to come out of problem, gave him a strange look. The guy, who was giving presentation, became so scared that sweat came out of his forehead. That time I thought that the guy just got nervous, But now I can figure out that the poor chap was afraid of loosing his salary (or his job).

So guys, always beware if you are planning to join Accenture.

And yes, when you devote late hours in the office, working due to poor project management and you did not receive good hike (mainly due to politics), you don’t have any answers to your family. You sacrifice their time to company and get nothing in return. I personally have similar experience but could not share that with you this time. And believe me, if any project fails or a team’s performance is poor, this is because of bad management. Workers (developers and leaders) has nothing to do with it. Its either because of the senior management who was not able to understand the requirement or because of the business people was unable to strike the proper deal. But the bad thing is that its developers and leaders who are at the receiving end.

Interview Link: http://computerauthor.blogspot.com/2007/08/my-interview-with-times.html

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September 21, 2007

Party at Pebble’s Street

Filed under: Diary — yaneshtyagi @ 5:51 pm





Last week our project manager of FlairView, Kelly O’Brian and Tony Reeve flied from Sydney to New Delhi. There were some meetings and discussions in the agenda. They flied back on Friday. We celebrate a party at Pebble’s Street, New Friends Colony.
We had team meeting in after noon. In the evening, Rohit drove me and some other team members to Pebble’s Street. Thanks Rohit.
Pebble’s Street is a great bar and restaurant. The two floors of it are properly decorated. We celebrated at first floor. The whole team of project Advantage was there at party. We drink, eat and dance there. The space was cozy but enjoyable. I don’t drink so enjoyed Fruit Punch (mix fruit juice with vanilla) and Pineapple Sunshine. Both drinks were delicious. People were enjoying beer, whisky and vodka.
Tony tried to shake his feet but music was too slow for him. Sometimes they play Hindi sings, which he could not understand. Kelly and other girls didn’t dance at all. My team was very energetic. When at 9.15, India vs. South Africa cricket match was about to start, they stopped music. We were listening commentary. Gagan shouted, “Come on yaar, drunkers can dance on anything. They can dance on commentary too.” And literally they dance on commentary.
Kelly was enjoying watching people dancing. There were no steps, no rhythm. People were just shaking and throwing hands and legs. But this is the unique way of dancing, Indian youth prefers. Idea is to keep our self as free as possible.
Then the match started. Some people were taking dinners and others were watching match. India was batting first. On every four, they play loud and fast musing, usually bhangra. at that time, we jumped out of our chairs and start dancing.
In the last, we took group photographs.
Devinder to kursi ke pichhe hi pad gaya tha. Dev, hope you remember it. And that “Sahab, ye daru pike …”
Finally, it was a great party. We enjoyed every moment. Kabhi kabhi Devinder pakane lagta tha (At times, devinder bored me). But that’s OK.
Kelly and Tony were sponsors of the party. Thanks Kelly. Thanks Tony. It was a nice party. I hope you would enjoyed it too.
Manish (Sinha), we missed you.
Aman we missed you too.

August 2, 2007

Thanks Devinder

Filed under: Diary — yaneshtyagi @ 6:19 am

Haden’t got time to write. Was busy in the deliveries. Sitting at the internet kiosk at my office, I am writing this blog just to say nothing. Devinder, my team mate, just game me a nice piece of bread-butter. I love bread-butter. Thanks Devinder. Last few days we were busy preparing the delivery of our project. I am also reading an old book for the second time – Harry Potter and the Goblet of Fire. I am just thinking about the magical world. Sometime I dreams being with Harry Potter, studying at Hoggwartts.

Gotta go. Will write about my dreams later.

Bye-bye…

July 24, 2007

Cool Day

Filed under: Diary — yaneshtyagi @ 6:19 pm

It was really a cool day today. Outside, it was raining in the noon and breezes made the scene very cool. Inside office, it was cool also. yesterdays heat was washed away with today’s rain.

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