The Securities and Exchange Board of India (SEBI) has received an explosive new whistle-blower letter that may call into question the merger valuation of ICICI Securities with ICICI Bank, which is already subject to contentious litigation....
Amid the uproar surrounding the indictments and arrest warrants in the sprawling Adani bribery scandal, the glaring silence of a central player—Solar Energy Corporation of India (SECI)—stands out.
The policies of SECI,...
Asset reconstruction companies (ARCs) were designed to clean up the banking sector by resolving non-performing assets (NPAs). Consequently, people outside the banking, finance and investment world had nothing to do with them nor had they...
Every political formation in India pays lip-service to the critical role of micro, small and medium enterprises (MSMEs). Contributing nearly 30% to India’s GDP and employing over 1.24mn (million) people, MSMEs are the backbone of the...
Every few days, social media highlights the relentless struggles of India's marginalised communities: caste discrimination, bonded labour, lack of healthcare, inadequate infrastructure, rampant corruption and exploitative interest...
When asked to address serious charges of conflict of interest, by Hindenburg Research and the Congress Party which have made media headlines for the past two months, Madhabi Puri Buch, the chairperson of the Securities and Exchange Board...
On 24th October, the public accounts committee (PAC) of Parliament is scheduled to meet officials of the finance ministry, regulators and tax departments and the Securities & Exchange Board of India (SEBI). The multi-party PAC, headed...
“The king is dead, long live the king!”
This familiar proclamation, used to mark the seamless succession of a new monarch after the passing of the old, ensures continuity and prevents a vacuum of power. A similar...
Some 80,000 customer complaints a month about faulty scooters, and a customer frustrated enough to torch a showroom last month, is the kind of stuff that would put a company in fire-fighting mode, while its stock price plummeted. But we...
Five years after his passing, and nearly a decade after his 2015-16 Budget speech, India’s savers have many reasons to remember the late finance minister Arun Jaitley. His tenure marked the last time a serious conversation took place...
There are two kinds of people who were lured by the promise of high, tax-free, guaranteed returns on agriculture, promised by Growpital: a) those who are too young to remember the1990s when lakhs of people lost money in agriculture and...
On 13th September, media headlines said that the market regulator had completely exonerated the former management of the National Stock Exchange (NSE) in the co-location (Colo) scam of 2015. Some speculated that this had cleared the...
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.