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 18th 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 18th 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 18th 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 ...