Bad Business Practices - Inputs on Issues

The below article shared by one of our members outlines some of the risks that start ups, MNCs and new ventures have. With this post, we would like to seek your inputs on what are some of the issues/bad business practices that exist in India.

http://www.livemint.com/Companies/hBXzRHzuRDW1GuUa1tPaqN/The-link-between-Capricorn-eServe-and-former-Foodpanda-MD-Ro.html

The idea is to understand them all and have a seperate discussion on what solutions, policies, controls must be implemented to improve these practices.

We look forward to your inputs! more  

View all 28 comments Below 28 comments
..................................... Venkatesan would like to stay in touch on LinkedIn. Venkatesan G ceo at Mould laserw elding Chennai Area, India View profile https://www.linkedin.com/comm/in/venkatesan-g-612b5b30?trk=eml-guest-invite-pprofile-link-cta&trkEmail=eml-invite_guest-null-418-null-null-%7Esgkjnu%7Eji5kaj69%7Enf-null-neptune%2Fprofile%7Evanity%2Eview&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BxECG9IN5SCGwWYhvB7K%2B5A%3D%3D Confirm that you know Venkatesan https://www.linkedin.com/comm/start/accept-invitation?sharedKey=pqqLvZfQ&invitationId=6410731977267249171&trk=eml-guest-invite-cta&trkEmail=eml-invite_guest-null-416-null-null-%7Esgkjnu%7Eji5kaj69%7Enf-ssuw-start%7Esignup%7Ewarm&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BxECG9IN5SCGwWYhvB7K%2B5A%3D%3D ..................................... Unsubscribe: https://www.linkedin.com/e/v2?e=-sgkjnu-ji5kaj69-nf&t=lun&midToken=AQFmrFVhGEd36Q&ek=invite_guest&li=426&m=unsub&ts=unsub&loid=AQEYG-w0T7t07QAAAWPeOHbnvF520ZwD-u2M3eYudgmuuR7y9lrC3F-Zrvf6eFU74VobHIUyMTsIu4ixD1zXtaAP0rElF72mYaqDcK7-xjUnWotxS9hl9sI82rrO6tfBwWlBeARVru4BlZI3a3EweIZOqLSO4cyNQFtJ&eid=-sgkjnu-ji5kaj69-nf Help: https://www.linkedin.com/e/v2?e=-sgkjnu-ji5kaj69-nf&lipi=urn%3Ali%3Apage%3Aemail_invite_guest%3BxECG9IN5SCGwWYhvB7K%2B5A%3D%3D&a=customerServiceUrl&ek=invite_guest&li=425&m=footer&ts=help&articleId=67 You are receiving Invitation emails. LinkedIn will use your email address to make suggestions to our members in features like People You May Know. This email was sent to www.send_newpost++iyiygxaefdaeae++trtrqstrbbbb@localcirclesmail.com. © 2018 LinkedIn Ireland Unlimited Company, Wilton Plaza, Wilton Place, Dublin 2. LinkedIn is a registered business name of LinkedIn Ireland Unlimited Company. LinkedIn and the LinkedIn logo are registered trademarks of LinkedIn. more  
1. We had already shared in " On Making Business Easy " , " Increase Production in India " ' " Corruption & Black Money " " Corporate Business " . and , in " Bureaucrats " . 2. Already there are some Multi Finance involved Criminal Cases where there have been number of FICTITIOUS incorporated , routed Funds & Closed their transactions which were only for this purpose . 3. We have to ignore if Black Money is brought in in the Business but , it must not be the money looted from the Cheating of public or government or , out of misuse of Power or government authority . 4. If the issues shared and set in the post for Start up India and Stand up India with those restrictive suggestions of some of our members , there will be the requisite precautionary care to avoid any misleading issues please . more  
We find that most are not reliable. They do not provide good service, are not transparent. Most do not have websites, do not give information about the product. more  
ONE OF THE MOST " NEEDED " REFORM IN THIS COUNTRY IS " THE FEAR OF LAW " ...!!.. We have a Rule or Law for every act under the Sun - But, NOBODY BOTHERS TO ADHERE TO THAT LAW ...!!.. THUS IN INDIA, WE NEED URGENTLY AN " ENFORCING AUTHORITY " WHICH NEED NOT FEAR ABOUT THE REACTION OF THE POLITICAL ESTABLISHMENT AND ENFORCE THE LAW IN TRUE SPIRITIN ALL SPHERES OF LIFE. The Politician does not bother about his promises Once he is elected since he is not held accountable by anybody. The Industrialist, be it an Indian or an MNC - is not bothered about the quality of their Products or Services, since they are NOT ACCOUNTABLE and Even if they are caught, they can pay the money and circumvent the Indian Law. The same MNC would abide by all the Safety standards when they operate in say USA but when they come to India, they would not hesitate to pay Bribes ( Walmart ), they will compromise on product quality ( Cadbury,Nestle ) Safety Standards ( Union Carbide ) etc etc. The Indian Industrialist have always 'bought' their " shortcuts " and have largely escaped being accountable. The students have indulged in 'cheating in exams' and crossed their exams and if possible have made their parents an accomplice in this malpractices to pass exams. Under these circumstances, the whole system needs a CHANGE IN ATTITUDE AND PRACTICES to SUCCEED and THE CHANGE HAS TO COME FROM TOP - WHICH IS THE POLITICAL ESTABLISHMENT...!!!.. more  
Dear Scam, jidhar dekhta hoon, udhar tu hi tu hai. There was a time, when these words were a "prayer"! more  
Post a Comment

Related Posts

    • ITR date extension

      Glad Sachin bhai LC Manager and the LC team doesn’t forget to raise issues of people and this time ITR filing date extension.

      By Sudesh Rai
      /
    • Union Budget 2024

      BJP government is doing a good job. In last ten years the country has progressed from 10th spot to 5th economic power. Many people have come out of abject poverty. There is progress in providing be...

      By Meheryar Bharucha
      /
    • Ancestral/Family property taxation in budget is bad

      Most important is indexation on real estate/property is gone with this budget. Now if you bought a property in 2004 for 25 lacs and plan to sell the same now. earlier you would have got benefit of ...

      By Amit Mishra
      /
    • Budget 2024 highlights

      1)India's inflation continues to be stable and moving towards 4 pc target; core inflation stands at 3.1 pc. 2)India's economic growth continues to shine. Global economy is still in the grip of...

      By Darshan Rao
      /
    • Economic Survey of Govt brings out what LC surveys have been saying

      Today's Economic Survey has spoken some very harsh truths. I'm not only talking about stock market speculation. It says 50% of Indian graduates are not employable 65% of peopl...

      By Darshan Rao
      /
    • Investigation of sudden deaths

      Yesterday a friend’s relative in Auranagabad died in the gym while exercising. Sudden death due to heart attack. (Attached video) LocalCircles i remember had raised this issue in D...

      By Asha Rathi
      /
    • Earnings Savings Squeeze survey

      Is a good reflection of reality https://www.localcircles.com/a/press/page/household-earnings...

      By Swati M
      /
    • Can we do survey on charges on banks

      Indian banking system is a loot and print media is hand in gloves. They dont write about issues people face. Here is a first hand experience: Wanted my SBI savings acc statem...

      By Shailesh Deshmukh
      /
    • Budget related aam aadmi issues

      Earlier pre Covid I remember LC Manager used to do budget surveys which would then be escalated to Finance Minister. Why has LocalCircles stopped this exercise? We as people should deman...

      By Sudesh Rai
      /
    • 9 in 10 face call drop in India

      Excellent work LC Manager on escalating this call connection and drop issue. Most amazing thing is Govt let them increase tariff without any accountability.

      By Rajesh Suri
      /
    • Spineless media of India

      Our print media has become totally spineless. Despite all the 3 telcos increasing mobile tariffs one by one within 2-3 days, none of our business or general papers were able to show some guts and q...

      By Amit Mishra
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)