Sri Lanka News Updates with Discussions

btw..which one will fall first?? mullaitivu/puthukudi erupu or EP or both at the same time??

Following days long fighting, troops of 58 Division (Earlier task Force 1) have entered into the Murasumoddai Town perimeter by this afternoon, 7 January, the latest military report received from the battlefront said.

Battle formations of 58 Division have continued their offensive march further eastwards after capturing Paranthan, entered Murasumoddai township despite stiff resistance given by the LTTE terrorists for last few days.

Gaining control over the Murasumoddai junction, located along the Paranthan - Mullattivu main road (A-35), 5 km east of Paranthan, would be strategically vital for the troops as it creates new escaping routes for the Tamil civilians under LTTE hold.

The Murasumoddai junction has direct access routes for Kilinochchi, Vaddakachchi, Uriyan areas.

During recent days many civilians of Murasumoddai and its surrounding area have reached to security forces escaping LTTE's grip.

blah blah blah blaadi blah....

I would say your pants.. with G and K!

Terrorists Sandwiched in Terrains Struck

JAFFNA: TERRORISTS evading the horrific experience of being sandwiched between the joint 53 and 55 Division troops from JAFFNA and the 58 Division troops moving from the north of PARANTHAN were pursued and targeted in the captured southern area of the ELEPHANT PASS late Tuesday (6) evening.

very intelligent...
i do not wear the same brand as the *chinkalathies YOU KNOW* nondy !

NEW DELHI, India (CNN) -- The chairman of India's fourth-largest software-services provider resigned Wednesday after confessing to inflating the company's profits for years with 'fictitious' assets and non-existent cash.

The news sent stocks of the Hyderabad-based Satyam Computer Services into free fall. Stocks plummeted more than 70 percent within hours after the revelation.

The major stock index in India -- the BSE SENSEX -- fell 7.3 percent Wednesday.

Satyam employs 53,000 people, operates in 65 countries and serves almost 700 companies, including 185 Fortune 500 companies. More than half of its revenue comes from the United States.

Satyam Chairman B. Ramalinga Raju said the balance-sheet padding began several years ago to close 'a marginal gap' between actual operating profit and one reflected in the company's accounting books. It continued through the years, he said.

'It was like riding a tiger, not knowing how to get off without being eaten,' Raju said in a letter to the company's board of directors.

Raju said no board member was aware of what he was doing and he did not profit from the inflated accounts.

The deception came to light after Raju tried to plug the hole by getting Satyam to buy his son's construction companies. The acquisition was 'the last attempt to fill the fictitious assets with real ones,' he wrote in his letter.

The deal would have cost Satyam $1.6 billion -- but the company's board vetoed it.

Stocks fell following the botched deal. Soon afterward, Raju came clean, saying he was doing so 'with deep regret, and tremendous burden that I am carrying on my conscience.'

Analysts say Satyam is ripe for a takeover, and the government is expected to submit a formal report on the matter Thursday