The Satyam case highlights how a sluggish judicial process has thwarted the efforts of a government authority to attach financial assets of a scam-tainted corporate entity, says Paranjoy Guha Thakurta.Here's a classic case of how the attachment of proceeds of crime can be delayed and how attempts by revenue authorities to recover laundered money can be frustrated. Here's a story about the working of the judiciary and corporate India. What follows is a tale about a once-notorious company, Satyam ... Rediff.com, 1 week ago
A 1949 photo of the Ennore factory of Ashok Motors, the forerunner of Ashok Leyland. Photo: Hinduja archives Mumbai: The seeds of the multinational Hinduja business empire were sown exactly a century ago in a small town called Shikarpur, now in ...Livemint.com, 1 week ago
The government-owned banks are plundered routinely and bailed out periodically. But RBI, SEBI and ministry of finance remain unaccountable and unconcerned The arrest of SK Jain, chairman and managing director of Syndicate Bank, has sent shockwaves ...Money Life, 1 week ago
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