Steve Jobs vs Narayan Murthy, IITians Generally Bloody Fools
With Steve Jobs tragic loss to the world we are introduced to the achievements of an adopted child of undergraduate parents, himself dropped out of college in six months to create World's Richest Company in the world, Second at the time of his death worth over $400b before health concerns brought down its market cap.
APPLE Productivity 28X INFOSYS
Per Employee Productivity of Apple is $1.24m to just $44,000 for Narayan Murthy founded Infosys. Clearly Infosys is doing Garbage Work.
As per FT Global 500, 2011,
http://www.ft.com/cms/fbe463aa-a660-11e0-ae9c-00144feabdc0.pdf
http://media.ft.com/cms/33558890-98d4-11e0-bd66-00144feab49a.pdf
|
| Market Cap | Turnover | Profit | Employees |
| Apple | $321b | $61b | $14b | 49,400 |
| Infosys | $41.5b | $5b | $1.3b | 113,800 |
On the other we have Calamity in Congenital Bloody Fools like Narayan Murthy with best of education and foreign training leading Infosys with at one time $45b worth doing 'C' grade work for foreign companies, can't create anything to show to the world but are Bloody Fools in true sense supporting Moneylender Scoundrels and Dhabha Schools.
Ø Promoted SKS Exploiting Crores of Poorest & ACE training students for IIT Entrance that he recently blamed for poor standards of 'Selection' of IITians.
Here you will find Narayan Murthy invested Rs.28 crores in a Scoundrel Company exploiting Below Poverty Line families charging from 36% to over 50% interest on micro credits and engaged Goons to enforce weekly recovery.
In his 113,800 staff or over a million applicants Infosys may have interviewed Narayan Murthy couldn't find a single 'Talent' who could create some useful technology for the world.
Ravinder Singh
Inventor & Consultant
October07, 2011
Catamaran, Accel Investing Rs 5Cr In Test Prep Firm Ace Learning
Catamaran, Accel Investing Rs 5Cr In Test Prep Firm Ace Learning
BY SIBI SATHYAN
Accel Partners is the co-investor in the round which will see both venture firms contributing Rs 2.5 crore each in Ace.
N R Narayana Murthy's Catamaran Ventures, which struck its investing debut with SKS Microfinance (India's first microfinance firm to go public), is making its second investment in Bangalore-based Ace Creative Learning Pvt Ltd, which provides educational support services to schools and colleges.
Accel Partners is the co-investor in the early stage investment round which will see both venture firms contributing Rs 2.5 crore each in Ace. This will be Accel's fourth investment in 2010.
When contacted, Accel India's partner, Prashant Prakash confirmed the deal, but declined to divulge the transaction details. "We have decided to invest Rs 2.5 crore in Ace," Prakash told VCCircle, adding that he can't comment on the stake holding and other details.
Catamaran's Managing Director Arjun Narayan also confirmed the investment in an email to VCCircle.
Banglore–based, Academic Center for Excellence or Ace, founded in 1998 by Dr. Ganapathy Sridhar, offers comprehensive training for the IITJEE, AIEEE, PMPD, CBSE-11 & 12, CET, Foundation IIT and NTSE, according to its website.
Dr. G. Sridhar, who obtained his B. Tech from IIT Kharagpur in 1989 and Ph.D from The Johns Hopkins University, is supported by a team of 40 experienced faculty members which include graduates from the IIT, experienced retired professors from reputed institutes and doctorates from India & the US, the website said.
Catamaran Investments, with a fund size of $128.45 million, provides angel, early, late and mezzanine financing to incubate start-ups in India.
Catamaran's initial major investment was $6.17 million (Rs 281.2 million) inHyderabad based SKS Microfinance Ltd. Post transaction, Catamaran holds 1.3% stake in the microfinance company, which has been in the eye of a storm following recent events such as the sacking of its CEO and the overall uncertainty in the business environment in Andhra Pradesh.
Accel India has done at least 25 transactions in the last four years in both seed and early stage investments. Some of its investments include $2.5-million investment in Rx Healthcare Magic Pvt Ltd in February 2009, $0.42 million in Flipkart in October last year and $0.56 million in Mitra Biotech April this year.
My Related message
Narayana Murthy - IITians Were Always Bloody Fools – Why?
IITs were started with foreign aid to make our engineering Institutions at par with developed countries with emphasis on R&D and supporting Indian Industry.
But from the very first day IITs were mainly offering Graduation Courses and were SIMPLY Better Equipped Engineering Colleges with similar syllabus.
Post Graduation was secondary and R&D and Industrial Linkages were absent.
Thus IITians were always AVERAGE but in Inventing Bloody Fools.
Inventors are BORN not bred in Engineering Institutions, Engineering Institutions though introduce them to Scientific Principles and Engineering Tools.
India didn't provide PATENT OFFICE at par with developed countries. When a German or Japanese inventor get Utility Patent within couple of months Indian Patent Office would take 5-10 years.
First patents Indian Engineers or Engineering Students would get when they were deeply engaged in some non R&D job supporting a family.
Lame Duck IITs were thus crippled in the absence of Patent Office.
IITians excel in networking that helped mediocre like Narayan Murthy to get post graduate & training opportunities in foreign companies and institutions, they were ignored in foreign countries but are Legends in India.
Most IITians excel in Banking & Marketing for example. Rare Sabir Bhatia was not funded and supported by GOI or Indian Industry. Thus $Trillions of opportunities were lost.
Murthy's did nothing in 35 years since graduating to PROMOTE Indian R&D.
He is operating some useless VC company.
I can cite hundred instances – most IITians are mediocre to bloody fools.
IITs were structurally weak from day one.
Ravinder Singh
Inventor
October04, 2011
Experts echo Murthy's view on IITs
Teachers And Industry Blame Selection Process For Declining Standards
Neha Pushkarna TNN October04, 2011
New Delhi: The quality of IITians is under fire again. Four months after Union minister Jairam Ramesh slammed IIT teachers for their substandard profiles, Infosys chairman emeritus NR Narayana Murthy has criticized the students graduating from the country's premier engineering institutes. According to Murthy, the quality of students entering IITs has deteriorated over the years and they often lack skills required by the industry. The sad part is: Murthy's concern may not be unfounded. IIT teachers and industry experts, too, feel IITians are not formidable anymore. Murthy blamed coaching centres and the current selection process of the IITs for the declining standards. Teachers say they can't agree more.
A professor from IIT Delhi said, "I think we should blame the pattern of the Joint Entrance Exam because of which the quality of candidates has been compromised. We could pick and choose an aspirant, who had a deep understanding of concepts, through the subjective JEE that was conducted earlier. The multiple-choice questions in the current pattern have made cracking JEE a matter of luck." IIT officials agree that many students, who score well in JEE, fail to perform during the course. "They manage to clear JEE only because of the coaching institutes that train them in attempting questions correctly. Besides, the reservation has caused further problems for us. Earlier we had 30-40 students in a class. There are over 100 now," the professor said.
"We do face problems as many times students lack analytical skills. Many of them are not even regular at school while they are preparing for JEE in a coaching centre. So they often fail to perform in the practicals since they do not have any experience," added SM Ishtiaque, professor in the department of textile engineering and deputy director, administration, IIT Delhi. No wonder, the students' employability also goes down. According to job experts, recruiting IITians is generally just a branding exercise for many companies.
"Companies continue to recruit from IITs but many companies now find it better to hire a top performer from a second-grade institute than to hire a mediocre one from an IIT. In fact, one of the new IITs got just 17 companies for campus placements this year. These new institutes may have had the IIT status but the industry is not acknowledging it," said Vinay Grover, founder, Symbiosis Management Consultants. He added that the cream of any batch usually goes for higher studies or management.
Coaching centres have been successfully running the business of cracking JEE. Teachers say these centres only produce crammers, not potential engineers. Ishtiaque added that IIT Council's plan to give weightage to class XII marks for selection to IITs is a step towards encouraging students to stay with schools and not run to coaching centres. "The IIT Council is considering giving weightage to class XII marks along with the JEE score from next year. The Indian Statistical Institutehas been approached to devise a moderation policy for all examination boards so that we can work out a formula for selection. This will make students focus more on school," he said.
However, coaching centres claim credit not criticism. Ajay Antony from TIME coaching centre said, "Attempting multiple-choice questions is not easy. People have a problem with coaching centres only because students flock to them. Such allegations are absolutely unfounded." CV Kalyan, director, FIITJEE, that sends nearly 3,000 candidates to IITs every year, added, "There is a question paper and coaching centres are able to prepare candidates to crack it. Who is to be blamed? Coaching centres do not force themselves on students. Today, schools are not providing the kind of education we do. If someone wants to curb the coaching centres, make the schools stronger."
However, students blame exam stress for their poor performance. "Students find it difficult to cope in IIT mainly because of the pressure of exams. In IIT-D, we have exams every 40 days. There is no way we can spend more time on projects and assignments. Besides, the laboratory infrastructure hasn't improved in the last many years. Quality of students suffers because of lack of world-class facilities," said Anand Poonia, a third-year student of electrical engineering.
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