Related Party Transactions


Here are the details of this corporate-banker nexus outed by ICICI Bank and Videocon investor Arvind Gupta.

Gupta’s curiosity was aroused by a 10 per cent coincidence he noticed in ICICI’s loans to Videocon group companies and foreign fund inflows into husband Deepak Kochhar’s firm NuPower Renewables.

NuPower Renewables was originally founded as a 50-50 JV between the Dhoot family and the Kochhar and Advani families .Chanda Kochhar’s brother is Mahesh Advani. Read more of this post

For The Kind Attention Of Mr Anil Ambani


As an e-mail to you office on the 31st of July has gone unacknowledged and phone calls to landline numbers publicly listed as those of your office went unattended on the following Monday, please allow me to make you aware of my recent experiences with RCom. Read more of this post

Another Scam In The Making ?

Indian PC shipments reached 3.53 million during the second quarter of this year, registering a year-on-year rise of 24% and 30.2% over Q1 2013, according to IDC. Analysts attributed the sharp sales rise to state projects in Uttar Pradesh, Rajasthan and Tamil Nadu. Sounding a note of caution, IDC said excluding the impact of government purchases overall PC demand remained weak and the sharp rupee weakness put brakes on business sales…


At the HP Android Indiblogger meet last Saturday,staff from HP got to bragging a bit about UP procurements,till they got to know that Sorcerer was present in the room and blogger action had got the TN government to cancel an order they had placed, Read more of this post

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