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How Indians ruined companies all over the world – India Inc Blog
www.indiaincblog.com
How Indians ruined companies all over the world
JUL 29, 2019 India ncs, Indian Mafia, Outsourcing failure
UDPATE: We now include the Boeing 737 MAX disaster (Nov. 2019), Boeing Starliner fail (Dec. 2019), Vodafone 2019 $7 billion loss, and Federal Reserve Direct Deposit Fail in 2019 – all caused by outsourcing to India Incs.
Word sure is getting around all over the net about the mass India Inc fraud fail.
You’d have to be out of your mind as an exec to even go near these fake fraud IQ82 workers from the Land That Time Forgot.
http://zzwave.com/plaboard/archive/3920678.shtml
Companies ruined or almost ruined by imported Indian labor
Adaptec – Indian CEO Subramanian Sundaresh fired.
AIG (signed outsourcing deal in 2007 in Europe with Accenture Indian frauds, collapsed in 2009)
AirBus (Qantas plane plunged 650 feet injuring passengers when its computer system written by India disengaged the auto-pilot).
Apple – R&D CLOSED in India in 2006.
Apple – Indian national and former Goldman Sachs board member Rajat Gupta charged with leaking Intel and Apple secrets over the phone.
Australia’s National Australia Bank (Outsourced jobs to India in 2007, nationwide ATM and account failure in late 2010).
Barclays Bank – UK executive management was corrupted by Shriti Vadera, the Indian-origin economist. His advice led Barclay’s CEO and other execs to rig Libor interest rates.
Bell Labs (Arun Netravalli took over, closed, turned into a shopping mall)
Boeing Dreamliner ES software (written by HCL, banned by FAA)
Bristol-Myers-Squibb (Trade Secrets and documents stolen in U.S. by Indian national guest worker)
Caymas – Startup run by Indian CEO, French director of dev, Chinese tech lead. Closed after 5 years of sucking VC out of America.
Caterpillar misses earnings a mere 4 months after outsourcing to India, Inc.
Circuit City – Outsourced all IT to Indian-run IBM and went bankrupt shortly thereafter.
Cisco – destroyed by Indian labor, laid off 55,000 in 2012, gone.
ComAir crew system run by 100% Indian IT workers caused the 12/25/05 U.S. airport shutdown when they used a short int instead of a long int
Computer Associates – Former CEO Sanjay Kumar, an Indian national, sentenced to 12 years in federal prison for accounting fraud.
Deloitte – 2010 – this Indian-packed consulting company is being sued under RICO fraud charges by Marin Country, California for a failed solution.
Deloitte – 2020 – 10 years later the same India Inc loot shop conned CDC out of $44 million for a failed vaccine data system that was “unusable”.
Dell – call center (closed in India)
Delta call centers (closed in India)
Duke University – Massive scientific fraud by Indian national Dr. Anil Potti discovered in 2012.
Enron, WorldCom, Qwest, and Tyco all hired large numbers of foreign workers from India before their scandals.
Fannie Mae – Hired large numbers of Indians, had to be bailed out. Indian logic bomb creator found guilty and sent to prison.
Goldman Sachs – Kunil Shah, VP & Managing Director – GS had to be bailed out by US taxpayers for $550 BILLION.
GM – Was booming in 2006, signed $300 million outsourcing deal with Wipro that same year, went bankrupt 3 years later
HP – Got out of the PC hardware business in 2011 and can’t compete with Apple’s tablets. HP was taken over by Indians and Chinese in 2001. So much for ‘Asian’ talent!
HSBC ATMs (software taken over by Indians, failed in 2006)
IBM bill collecting system for Austin, TX failed in 2012 written by Indians at IBM
Intel – Whitefield processor project (cancelled, Indian staff canned)
Intel – Trade secret stolen by Indian national Biswamohan Pani in 2012.
Intel 2020 – Intel fires its Indian-origin chief engineer Murthy Renduchintala for production failures
JetStar Airways computer failure brings down Christchurch airport on 9/17/11. JetStar is owned by Quantas – which is know to have outsourced to India, Inc.
JP Morgan – Outsourced subsidiary & IT integration to India in 2009 for $400 million, lost $2 billion in 2012.
Kodak: Outsourced to India in 2006, filed for bankruptcy in Jan, 2012.
Lehman (Jasjit Bhattal ruined the company. Spectramind software bought by Wipro, ruined, trashed by Indian programmers)
London Olympics 2012 Security – Botched by India’s G4S
Medicare – Defrauded by Indian national doctor Arun Sharma & wife in the U.S.
Microsoft – Employs over 35,000 H-1Bs. Stock used to be $100. Today it’s lucky to be over $25. Not to mention that Vista thing.
MIPS – Taken over by Indian national Sandeep Vij in 2010, being sold off in 2012.
MIT Media Lab Asia (canceled)
MyNines – A startup founded and run by Indian national Apar Kothari went belly up after throwing millions of America’s VC $ down the drain.
Nomura Securities – (In 2011 “struggling to compete on the world stage”). No wonder because Jasjit Bhattal formerly of failed Lehman ran it. See Lehman above.
PeopleSoft (Taken over by Indians in 2000, collapsed).
PepsiCo – Slides from #1 to #3 during Indian CEO Indra Nooyi’ watch.
Polycom – Former senior executive Sunil Bhalla charged with insider trading.
Qantas – See AirBus above
Quark (Alukah Kamar CEO, fired, lost 60% of its customers to Adobe because Indian-written QuarkExpress 6 was a failure)
Reebok – Massive fraud and theft in India second in size only to Satyam fraud
Rolls Royce (Sent aircraft engine work to India in 2006, engines delayed for Boeing 787, and failed on at least 2 Quantas planes in 2010, cost Rolls $500m).
SAP – Same as Deloitte above in 2010.
Singapore airlines (IT functions taken over in 2009 by TCS, website trashed in August, 2011)
Skype (Madhu Yarlagadda fired)
State of Indiana $867 million FAILED IBM project, IBM being sued
State of New York – Hired Indian-infested CSC in 1998 to build a new system, was 33 months late and $166 million over budget, a cost overrun of 47 percent. And then the system failed. So much for “they can do it better, cheaper, faster”. CSC also holds the sole contract for NC’s Medicaid system redesign. That project is hundreds of millions over budget and years late. India, Inc. is taking its time to maximize the amount it can grift out of America.
State of Texas failed IBM project.
Sun Micro (Taken over by Indian and Chinese workers in 2001, collapsed, had to be sold off to Oracle).
UK’s NHS outsourced numerous jobs including health records to India in mid-2000 resulting in $26 billion over budget.
Union Bank of California – Cancelled Finacle project run by India’s InfoSys in 2011.
United – call center (closed in India)
US Navy F-18 jet crashes into Virginia apartment building on 4/6/12 after outsourcing F-18 work to India’s Tata.
Victorian Order of Nurses, Canada (Payroll system screwed up by SAP/IBM in mid-2011)
Virgin Atlantic (software written in India caused cloud IT failure)
World Bank (Indian fraudsters BANNED for 3 years because they stole data).
Boeing – 737 MAX software done in India caused Boeing $100’s of millions dollars in losses and killed 342 people on crashed planes.
Boeing – Starliner manned space capsule fails on 1st flight Dec 2019.
Boeing – CEO Dennis Muilenberg forced to resign over Boeing fails.
Boeing fails projected to cause 1/3 of entire US GDP to be lost in Q1 2020 due to ripple effect.
Vodafone posts biggest loss ever Nov 2019 a few years after outsourcing to India Incs
NH 59 expansion: Toll plaza at wrong place, engineers outsourced
Internet outage causes flight delays at Sacramento International Airport Dec 23rd, 2019 – after outsourcing to India Inc
Putting Indians in technical positions means your hard built company will suffer hard.
