ARJAVA MEDIA: The National Financial Reporting Authority (NFRA) imposed a penalty of Rs 2 crore on Deloitte Haskins and punished two Chartered Accounts with fines and long-term debarring. ZEEL is a typical case of how promoters with majority shareholding rule the roost while taking the Board of Directors for a ride, sometimes without being on […]
ARJAVA MEDIA: Hailing from a middle-class Tamil family, the 41 years old Sriram Krishan was born in Chennai. He earned a BTech degree in information technology from SRM Engineering College, Anna University. The Indian-American Sriram Krishnan will serve as a Senior Policy Advisor for Artificial intelligence at the White House Office of Science and Technology […]
ARJAVA MEDIA: The Ministry of Housing and Urban Development Affairs is planning to fund eight new cities in India. Each city will get 1000 crore to build. Fifteenth Finance Commission has allocated ₹8,000 crore as a performance-based challenge fund for the incubation of eight new cities. The Ministry of Housing and Urban Development Affairs (MoHUA) […]
ARJAVA MEDIA: It is a heavily overpriced IPO with a PE ratio of 64 times as against the peer group average of 55.80 times. Then what is there for investors to earn after the listing? The picture is clear, investors will make nothing while the seller will take home 46 times more profit from its […]
ARJAVA MEDIA: “Banks have recovered Rs 14,131.60 crores from me against the judgment debt of Rs 6203 crores and I am still an economic offender. Unless the ED and Banks can legally justify how they have taken more than two times the debt, I am entitled to the relief which I will pursue,” Vijay Mallya […]