Ethics vs Business

Its been  a while since the last update to this going popular “ Unofficial Site for all Official News of Connectiva”

The question of Ethics, Ethical Practices in Business have been plaguing the Management world for long but it has proven again, beyond doubt, Ethics are least of importance in BUSINESS.

There were some hope of revival and plight of ex-Connectivites been heard after the takeover from Mara – Ison, but that hope no longer exists after the talk of respectable personality from Mara – Ison recently.

Mara-Ison has formally acknowledged of acquisition of Connectiva effective June 18^th 2012. All the employees are informed either to accept the new offer letter or be left out in dark, though they did give reasonable hike to most of the staff.  Connectiva as a legal entity will exist to respond to the legal law suits and creditors, quoting Mara-Ison’s words “ Connectiva could have been bought , but during our due diligence we found many issues that prohibits us to buy the company as is basis. Worst being the Management of Connectiva having no clear understanding of how many outstanding dues exists and to which parties “.

So Mara-Ison has created a new entity “Mara Ison Services “ to take care of all the Connectiva staff. Now comes the reality of Ethics vs Business.

The new entity of Mara-Ison Services though has its own CEO , guess who the PRESIDENT is ?...

None other than our “CEO of Connectiva ( AB )”, Congrats to grab the PRESIDENT Title after playing with the lives of more than 200+ families and responsible as CEO for the plight of  Connectiva.

So dear all the World Wide Web readers and experts monitoring Connectiva , waiting for some official news, Avi Basu heads the newly created entity of Mara-Ison Services as PRESIDENT.

Adding more , from the speech of Mr Respected rep of Mara-Ison, the new entity is clearly responsible and will take care of the employees signing the contract effective June 18^th 2012 , and any historical debts, issues etc are to be directed to Connectiva Systems. Mara-Ison has / is paying Connectiva towards the transaction and has instructed Connectiva Management ( the left over Management ) to sort out history.

Isnt it great the way GAMES are PLAYED on the individual LIVES while BUSINESSES continue to grow …

I leave this note with a simple question to learned few…

How should an existing / ex employee fighting for his dues, contact Mr Avi Basu, given he is PRESIDENT of Mara-ISON Services and they only have obligation after June 18^th 2012.

It’s a double Whammy and Avi , we can only say you scored a HOME RUN very well.. 

Just wondering what is going to be the fate of Customers who are going to face the same Management but with a new business card ...

Is it too late ... for Mara-Ison ?

Hello Everyone,

While I can only sympathize with the fellow ex-CTVA's and members who partly believe the posts here, and still living in a hope of recovering the funds they have lost , i can only wish them a good luck.

For some reason we begin to wonder if the deal is too late ( though rumors are that its the cheapest deal ever made in an asset purchase sale ), the purchase price was the mortgage cost of the Kolkata property of ??? ( Do Not want to reveal too much here ).

There are few developments which make us to say so..one of them primarily being at a Major Telecom Operator in Western India, where CTVA solution is used , managed, and supported by CTVA own staff, the Operator lately ( last 2 months ) decided to handover the complete solution, support and maintenance to a direct Competitor.

So now Subex team is formally managing, supporting CTVA solution at this location...Days are not far if we have to believe the RA team of Telco in spot here, plans are going on already to run a parallel Subex solution...

The above is already in execution, and would appreciate the dear friends/critics of this blog to verify on their own, before making any statements about the blog.

Mara-Ison , just make sure that you are equally not duped by the Account Management in believing everything is favoring CTVA as that is what has led to this state of CTVA ....

While i dont think the buyers are as Naive, but while we cannot help recover our funds, but hoping someone is not loosing his knowingly..

The DEAL is Signed...

Hello Everyone,

The news never stops , making it a busy day for posting the content right before weekend .

As per the latest report , last night (31st May 2012 ) the deal between Connectiva and Mara-ISON is inked , signed and sealed.

While the official message is going to be coming only after the founders/loyalists get their goodies , favours taken care but for the world hopefully who are following this blog, the news is a breaking news.

What more as per the earlier blog (http://ctvaemployees.blogspot.in/2012/05/mama-who-took-cream-from-churn.html)
the nitty gritty details did take some time to come up with the final agreed stuff.

The best being CTVA as entities will remain for legalities, and the new company is been named as "MARIZON".

Keep you posted...

After Financial Torture, Emotional Torture Continues ....

Hi Everyone,

What is more upsetting now a days is the way the CTVA + Mara – ISON team is working hand in glove to ensure they do not leave any stone unturned in harassing/torturing their existing staff and also the past employees. Looks they are working on the emotional angle now following the leads from CIA movies etc

Let me tell you how..

1.       First most of the staff who left or stuck with CTVA were not paid atleast Quarter of the yearly salary ( 3-4 months ).

2.       Then their taxes , PF are not yet deposited, while few lucky ones made it into the tax/PF system ( 0.1%).

3.       Now most of them are coming of in their new jobs, healing their wounds, while keeping the fight on with the system, CTVA MAFIA and their supporters in recovering the dues.

So where is the harassment coming into play … here it comes…

1.       Recently over the last 2-3 weeks CTVA+MARA-ISON jointly is making frantic efforts to call all the ex-employees and luring them with a 25% minimal raise.

2.       That is not all, the key members are sent with the offer letter , with a blank number , giving a range and asking them to come back and participate in the revival of CTVA.

3.       The company and their loyal guards , are even going to extent of offering jobs OUTSIDE INDIA for the employees located in INDIA, and incentivizing them to take it up ASAP.

4.       While in all the above context, there is NO MENTION , still of the outstanding historical payments .. isn’t that more than torture ..or shall I quote an Hindi saying “Jaley pey Namak ..” translating it to” Salt on wounds…. “

So why so much meherbaani ( benevolence …) been thrown up on the ex-staffers, few insider data again…

1.       CTVA has lost good amount of customer base, or shall I say customers are not paying / renewing the contracts for MS, Support etc.

2.       Recent lost accounts are NAWRAS ( Oman ), ASIACELL ( IRAQ), UMOBILE ( Malaysia ), VIVA (BAHRAIN), VIDEOTRON ( Canada), ELION ( Europe), NEXTEL ( USA), T-MOBILE ( GERMANY) .. all in the last few months. Few of the above accounts were as old as the company itself.

3.       This makes the new investors / buyers ( I really doubt if any money was paid , except bailing out the founders / loyalists of their personal debts ) a bit wary on long term play.

4.       Considering Mara-ISON is purely a Services firm, now venturing into Product, they have all the right to protect their interests ( no issue in them thinking the way they are ).

5.       Also there is a big threat for other customers to follow the same exit strategy, ie do not ask anything more from CTVA, freeze the system as is, and wait for alternative…

6.       In some cases, CTVA customers have already asked the competitors to Manage the CTVA system and eventually replace it with their system which the new Mgmt would never want to…

So its makes all sense for the CTVA to push , pull, threat and do all its necessary to get the old timers even atleast for next 6 months , so they get out of mess and then leave the employees back into “DARKNESS”…

DEAR FELLOW COLLEAGUES/EX-STAFF, BE CAUTIOUS , BE MATURE AND DO NOT FALL INTO THE TRAP.. REST I LEAVE IT TO INDIVIDUALS TO DECIDE THEIR FUTURES.

Mama.. Who took the cream from the churn...

Dear All,

While it may have taken a while for posting further progress on the fate of Connectiva , i am sure reading the blog will give you reasons for the delay.  All i can say any undercover discussion and data gathering does take time....

So what is making NEWS for Connectiva Followers ?

While the Management ( CEO is the only one left ) is still not confirmed the sale of Connectiva to Mara-Ison ( http://www.mara-ison.com/) , but they did acknowledge the discussions have reached to a very mature stage and at any time the transaction is going to be closed.

Wondering why its taking so long to sign the deal, even when there are people from Mara-Ison at our Kolkata office , and few calls been made to ex-colleagues , to be part of revival ...

Few closed door confessions from the informed lot are as below....

a. Connectiva and Mara-Ison  ownership is working on "How not to pay the old staff " and yet retain the glory of the company.

b. Our good founding members and their closely knitted followers are working to see how to clear their personal debts as part of this transaction ... I do not want to name what personal debts but i am sure everyone is aware being in Kolkata what is mortgaged for Connectiva ....

So what is coming out of the pot ....

a. Connectiva India will still exists as a legal entity , carrying only the debt of all the creditors....WOW ..
b. Connectiva founders and so called following lot , will be well taken care in this transaction to avoid any personal financial losses.
c. Connectiva USA will also exist as to only carry the debt and to answer to all the legal suits raised ..

I am sure by now you can realize who took the cream from the churn is an apt title for the blog...

So my dear fellow colleagues , rest assured except PF & TAX we are going to get nothing but a big "Thumbs Up " , and our dear Management will be basking on an Hawaii Island ...

So if there are still more people willing to believe the story of revival and 20% hike as promised on the phone calls received , just think before you take a plunge. Given as of today even the April 2nd installment salary is not made to few banks , how  can we take the promises as serious and compromise to our future...

Once again .. will keep you posted this time with more insider info.. stay tuned....

Moral Bankruptcy leads to ...

As the wise say " Trust No One until they prove you worthy enough ", surprisingly the Management has not yet come out of their so called Inner Trusted Advisers who have no interest except to keep themselves being paid forever at cost of others.

Seems aptly fit for the Quote "A politician (here CTVA adviser ) will find an excuse to get out of anything except office. & do anything to stay into one."

Anyone who really has interest in the Company, would be hoping to get sale completed and help the dues cleared both on personal level and to government and all the lenders making it a healthy closure.

To Quote Sir Humphrey: "Diplomacy is about surviving until the next century; politics is about surviving until Friday afternoon."

So why above statements ?, Seems our advisers have come up with a new way of managing the chaos until Next Friday (which Friday is always a question )  ?

In a recently concluded meeting between top Mgmt of Connectiva and counterparts from "BIGGEST SI" of Connectiva  in Delhi, its been agreed for sale of source code of Adapters and Parsers to "SI" in return to some part payments which are stuck...

So for a layman, does it not sound to be a remarkable idea ? Of course you give nothing but a DVD of source code and get a good sum of money. 

Our commonsense makes us believe its another new ploy employed to drag the story long and avoid any reaction from the community. Considering you cannot have multiple owners for same piece of property which is for sale. Looking big picture how can anyone else buy the Company to help clear their dues, if part of the code is sold to one "SI" ...considering Adapters and Parsers are heart and soul of any solution been deployed globally by Connectiva...What will happen to other users of the code, will they land up paying royalty to "SI" ?..

Leave the readers to think....and as always appreciate your valuable and critical feedback to keep this blog alive until we meet our objectives.

Due credits will also be given to all who supported us directly , indirectly maintaining the required confidentiality in achieving the objectives.

Partial List Outcome ....

Hi Everyone,

While the published partial list has attracted enough Media & Individual attention, but for the critics reading this, we assure that list has put us into limelight and attracted enough attention from various sections of the society.

Be assured on behalf of all the painful unpaid , uncleared employees who went through enough Agony in their personal and professional lives, the creators of this pain will not have an easy escape.

It will not be too late when a leading National TV News channel is going to cover it and they are only holding on our permission to bring it into open. The reason for wait is to see if any movement on the statutory dues are cleared by Company both to employees and Government, especially TDS, PF etc by end of this financial year March 2012.

Lets keep our pressure and be prepared to take the actions to the next level , considering the thick skin Management has no feelings for our pains...