Just under a year ago, I reported (Moneylife Exclusive: Serial Fraudster Dinesh Dalmia Strikes Again: Dupes Lenders of Nearly Rs200 Crore) that Dinesh Dalmia, serial fraudster and founder of the now-defunct DSQ Software group, had...
Air travel remains unrivalled as the preferred mode of long-distance transportation globally, with 4.7bn (billion) passenger trips logged in 2023, according to the International Air Transport Association (IATA).
Its allure...
At the grandly titled Start-up Mahakumbh last week, Union minister for commerce and industry Piyush Goyal delivered yet another controversial speech—one that swiftly turned into a lightning rod for criticism. This was not his first...
Brazen price manipulation, stock cornering, fabricated financial disclosures and social media influencers fuelling pump-&-dump schemes—this is the alarming new reality of India's capital markets. A growing network of...
Three months into his tenure as the 26th governor of the Reserve Bank of India (RBI), Sanjay Malhotra delivered a hard-hitting speech at the annual conference of bank ombudsmen, on 17th March. His words raised hopes of a much-needed...
India is on the rise as a global tourism powerhouse. A McKinsey report says that outbound Indian tourism is already a ‘vital source market for global tourism’ and is expected to double by 2030. Recognising this, many countries...
The legal framework surrounding fair comment, influence-peddling, defamation and fraud in social media interactions is still evolving. As always, those exploiting social media’s vast reach for business gains are ahead of regulators...
It is Tuhin Kanta Pandey’s first day as chairman of the Securities & Exchange Board of India (SEBI) as I write this column and he is already facing a storm. His predecessor, Madhabi Puri Buch, and three whole-time members (WTMs)...
This is not a Valentine Day gift that depositors of New India Cooperative Bank (NICB), founded by the late firebrand socialist leader and later defence minister, George Fernandes, had expected. On 14th February, they found themselves...
India’s megacities—Mumbai, Delhi, Chennai, Kolkata, Bengaluru and Pune—are all suffocating under the weight of their own success. Poor infrastructure, unplanned development, inadequate roads, crumbling public transport,...
When aiming to protect investors by eliminating fraudsters, what approach should one take? Should the focus be on pursuing the crooks, or imposing additional regulations and tracking requirements on legal, registered intermediaries...
As India gears up for the Union Budget on 1st February, the lofty slogans and promises of ‘Viksit Bharat’ (developed India) are looking increasingly hollow. After a decade of ‘rapid progress,’ the middle class,...
Among the best known financial journalists in India, in 2006, Ms Dalal was awarded the Padma Shri, India government s third highest civilian award, based on her outstanding investigative journalism since the early 1990s. Her 35 years of investigative reporting spans the Harshad Mehta scam, CR Bhansali scam, and expose of Enron among others. She was the Financial Editor at The Times of India and has also written for Business Standard, The Economic Times, Indian Express and Financial Express among others. She served as a member of SEBI s primary market advisory committee, the Narayana Murty Corporate Governance Committee and as a member of Investor Education and the Protection Fund of the Ministry of Corporate Affairs . She has co-authored the best-selling book The Scam: From Harshad Mehta to Ketan Parekh and a biography of A D Shroff, a Titan of Finance.