Talk:Ramoji Rao

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More information about this article... The following comments have been left for this page: This is written by a person who looks to be a fan of Mr. Ramoji Rao. Mr. whoever you are... Margadarsi has been given strict orders by RBI and has chalked out a program which they would have to follow. It is not a voluntary decision but one forced on Margadarsi by RBI. Please correct this. Read other newspapers and not just Eenadu which writes whatever Mr. Ramoji Rao wants it to write. Also regarding public support and good will for Ramoji Rao is just his own saying and not a consensus in the public. (edit)

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Article ramoji rao: I suggest some following changes to the page: Under the Heading Fraud allegations: It was written "On 5 November 2006, Rajahmundry MP Vundavalli Aruna Kumar called a press conference[1]".The link provided for the source [1] doesn't exist. Under notes also the link[1] provided doesn't exist. Also there is no source i could find linked to the fraud allegations.Hence the allegations heading may be suitable modified in view of the unavailability of any original articles citing the subject.

[edit] Poll

Should government intervene and liquidate Margadarsi Finance promoters assets to pay depositors? Maaparty 13:27, 25 January 2007 (UTC)

[edit] fraud and cheating allegations

I just added 2 links, one to the rangachary report (commissioned by the AP govt) and another pointing to ramoji's response. summarized the allegations and response in a short paragraph each, making sure to note that these were alegations. Hope this helps.

Please discuss the matter here, as per the citations all allegations have appeared in mainstream media and can't be discounted, moreover the allgations were levelled by a respectable Member of parliament. Moreover, RBI also reported problem in Margadarsi, which has come up in mainstream media. 203.116.69.163 06:46, 12 January 2007 (UTC)

Main stream media didn't endorse allegations on margadarsi.Don't try to give respectability to vundavalli.Media reported what vundavalli said and obviously the allegations are politically motivated.Also RBI has asked margadarsi to correct deviations of rbi act.If fraud and cheating allegations were true rbi would have acted immediately to liquidate margadarsi.Mainstream media THE HINDU" wrote an editorial condemning the intolerance of congress party to corner Margadarsi and hence to stifle EENADU.(http://www.hindu.com/2006/12/23/stories/2006122305191200.htm). If the author of this page who wants fraud and cheating allegations is genuine he would have included this page.The deliberate absence of this link exposes the political intentions of this author i.e to defame ramoji rao and and his group of companies.

Allegations may or may not be true, but they came in all papers, including Hindu. Nothing else has written to defame Ramoji except what was come in mainstream media including Hindu. Poeple who read wiki are not shallow minded and can judge themselves if the allegations are genuine or motivated. You need not endorse it,people are intelligent enough. Please do your link, if you think, the section can further be improved, but merely deleting it makes little sense and the page gets locked. 203.116.69.163 07:36, 19 January 2007 (UTC)

Why do you simply hide the fact about Hindu and Eenadu business dealings, as well as their left leanings. If something has come in Hindu in support of Eenadu, please update the Eenadu page, and also add a link for it here, nobody objects you, but simply deleting means, you are a chemcha of Ramoji.

Watching this space one thought that sanity did return to this posting after "Mel Etitis" is involved.It is very unusual that a person or couple of persons want to charge ramoji rao on fraud and cheating allegations.After reading the objections of some editors about the fraud and cheating ,one gets doubts about this post.It will be helpfull to provide information/links about the fraud and/or cheating angle..Any reports,government actions,depositors(i.e. margadarsi clientel) complaints etc..Mention clearly who has been cheated/defrauded.

Well, all public personalities face allegation including our dear chief minister, everything that comes in news papers are not ture anyway. But the section has to be left to people who read it instead of deleting it completely to hide the facts. Time only will tell if Ramoji who illegaly collected deposits (since he has cited no section of law that allows his business, except misplaced faith and under the disguise of freedom of press) to tune of 2500 crores (1/2 billion), and if he can pay back the deposits as they mature. Nobody will comment on his professional activities except when it collides with common people and against any law. 203.116.69.163 07:36, 19 January 2007 (UTC)

   Wikipedia edits are sources of information,and not opinions,neither the editors are tabloid journalists.Alternative view points can be given as links but not as information.

How allegations of vundavalli enriches this article.Vundavalli obviously has political axe to grind. Allegations of vundavalli/congress party cannot be a source of information. All the above allegation justications are repeated verbatim as given by congress party. If there are any legal aspects of margadarsi there are institutions like rbi,goverment and honorable courts which can take care.Please remeber wiki editors have arole to provide information. I sincerely request everybody to not reduce wiki to a tabloid journal standard.

[edit] Warning

If the anon editor doesn't stop removing material from the article, it will be protected against their editing. Claims like: "Wikipedia edits are sources of information,and not opinions,neither the editors are tabloid journalists.Alternative view points can be given as links but not as information." (sic. throughout) are very misleading, and have little to do with Wikipedia policies. Alternative views are not banished to links, but explained and cited.

Also, would people please sign their comments (with four tildes: ~~~~); the above mess of unsigned comments is very difficult to follow. --Mel Etitis (Μελ Ετητης) 09:04, 18 January 2007 (UTC)

I think it is better to semi-protect atleast, I infact requested for page protection last week, but seems my request was not heeded. 203.116.69.163 07:36, 19 January 2007 (UTC)

[edit] Faith & Trust

Irrespective of the legal aspects, pros and cons, not a single depositor of 'Margadarsi' has complained so far. On the contrary many depositors have expressed their complete trust and faith in Ramoji Rao in many public media.

What is the basis of warnings about the postings against unsubstantiated allegations .The comment of tabloid journalism may be a misnomer,though removing of links posted in defence of the unsubstantiated allegations gives rise to such suspicions.

This is not true. Maaparty 11:31, 26 January 2007 (UTC)

Additional information via links: http://www.southasianmedia.net/Archive_full.cfm?nid=347032(YSR govt launches attack on media group). http://www.hindu.com/2006/12/24/stories/2006122407650800.htm( An attack on media, says A.P. Opposition) http://www.hindu.com/2006/12/22/stories/2006122208491200.htm( Rajasekhara Reddy denies bid to hound Eenadu group) http://www.tribuneindia.com/2006/20061214/nation.htm 202.63.100.17 13:00, 21 January 2007 (UTC)

[edit] Facts v/s interpretation of facts

I just added a few paragraphs and links to this topic pointing to reports (external links) which contain the allegations (Rangachary Reports) and Ramoji's response (Ramoji Response).

It seems reasonable that we move the discusion of "interpretation" of these reports (and facts therein) to another section so the differences may be discussed.

For example, is the Rangachary Report politically motivated? Does it even fall under judicial purview of the Govt in the first place? Will it stand the scrutiny of the courts etc.

The other point of view is that Ramoji Rao's chit fund business is inhrently uncompetitive. His companies have ben making losses, but privately held companies that they are, they are not scrutinised by stock markets? Is it an Indian Enron?

Just a suggestion.

[edit] Cleanup

I've just done a copyedit and sorted out some of the random external links to provide sources for a few of the claims in the article. It still needs a lot more work. I've added a neutrality tag: the article is far too journalistic and discursive, and doesn't read like an encyclopedia. -- TinaSparkle (talk) 18:56, 7 March 2008 (UTC)