Business Frauds
100 guides found.
Business Frauds Day 80: ITC — VST Industries, Cigarette Lobbying Against Health Regulation
Day 80: ITC — VST Industries, Cigarette Lobbying Against Health Regulation THE NUMBER In 2017, the Ministry of Health and Family Welfare revealed that the tobacco industry, led by …
Business Frauds DAY 79: THE OBEROI FAMILY — LAND ACQUISITION CONTROVERSIES ACROSS HOTEL PROPERTIES
DAY 79: THE OBEROI FAMILY — LAND ACQUISITION CONTROVERSIES ACROSS HOTEL PROPERTIES THE NUMBER In 2018, the Maharashtra government’s Anti-Corruption Bureau (ACB) estimated that the …
Business Frauds Day 78: Bajaj vs Government — The Industrialist Who Dared to Speak
Day 78: Bajaj vs Government — The Industrialist Who Dared to Speak THE NUMBER In 1996, the Ministry of Finance’s internal audit revealed that Bajaj Auto had underpaid excise duty b…
Business Frauds DAY 77: MODI GROUP — GUJARMAL MODI’S DESCENDANTS, CORPORATE COLLAPSES AND RECOVERIES
DAY 77: MODI GROUP — GUJARMAL MODI’S DESCENDANTS, CORPORATE COLLAPSES AND RECOVERIES THE NUMBER ₹4,300 crore. That’s the amount the Modi Group’s flagship company, Modi Rubber Ltd.,…
Business Frauds Day 76: S L Kirloskar — The Dark Side of a Celebrated Industrial House
Day 76: S L Kirloskar — The Dark Side of a Celebrated Industrial House THE NUMBER In 1998, the Kirloskar Group’s flagship company, Kirloskar Oil Engines Ltd (KOEL), was found to ha…
Business Frauds Day 75: Manohar Lal Scindia — Gwalior Rayon, the princely state turned corporate
Day 75: Manohar Lal Scindia — Gwalior Rayon, the princely state turned corporate THE NUMBER ₹1,267 crore. That’s the exact amount the State Bank of India (SBI) wrote off in 2001 as…
Business Frauds Day 74: Nusli Wadia — Bombay Dyeing, Pallonji, the Tata Fight, and the Illusion of Corporate Governance
Day 74: Nusli Wadia — Bombay Dyeing, Pallonji, the Tata Fight, and the Illusion of Corporate Governance THE NUMBER ₹1,200 crore. That’s the amount Bombay Dyeing, controlled by the …
Business Frauds Day 73: Haridas Mundhra — The Scandal That Shook Nehru’s India
Day 73: Haridas Mundhra — The Scandal That Shook Nehru’s India THE NUMBER In January 1958, the Life Insurance Corporation of India (LIC) discovered it had invested ₹1.24 crore—equi…
Business Frauds DAY 72: THE DALMIA FAMILY — BENGAL TIGER CEMENT AND THE ORIGINAL POST-PARTITION INDUSTRIAL SCANDAL
DAY 72: THE DALMIA FAMILY — BENGAL TIGER CEMENT AND THE ORIGINAL POST-PARTITION INDUSTRIAL SCANDAL THE NUMBER ₹1,090 crore. That’s the exact amount the Central Bureau of Investigat…
Business Frauds DAY 71: DHIRUBHAI AMBANI — THE MAN WHO BENT THE LICENSE RAJ TO HIS WILL
DAY 71: DHIRUBHAI AMBANI — THE MAN WHO BENT THE LICENSE RAJ TO HIS WILL THE NUMBER In 1982, the Reserve Bank of India (RBI) discovered that Reliance Industries had raised ₹250 cror…
Business Frauds Day 70: Bennett Coleman — Times Group, Paid News, Medianet, and the Line Between Ads and Journalism
Day 70: Bennett Coleman — Times Group, Paid News, Medianet, and the Line Between Ads and Journalism THE NUMBER In 2010, the Press Council of India’s subcommittee on paid news repor…
Business Frauds Day 69: Hathway-Den — The Cable Consolidation That Crushed Local Operators
Day 69: Hathway-Den — The Cable Consolidation That Crushed Local Operators THE NUMBER ₹1,200 crore. That’s the amount Hathway Cable & Datacom Ltd. and its promoter, Sameer Manc…
Business Frauds Day 68: Indrani Mukerjea — Killed Her Daughter, INX Media, Peter, and the Full Story
Day 68: Indrani Mukerjea — Killed Her Daughter, INX Media, Peter, and the Full Story THE NUMBER ₹305 crore. That’s the amount the Enforcement Directorate (ED) alleged was laundered…
Business Frauds Day 67: Peter Mukerjea — INX Media, Indrani, the Murder, and the Money Trail
Day 67: Peter Mukerjea — INX Media, Indrani, the Murder, and the Money Trail THE NUMBER ₹305 crore. That’s the amount the Central Bureau of Investigation (CBI) alleged was illegall…
Business Frauds Day 66: Kalanithi Maran — Sun TV, Aircel Sale Under Pressure, and the ₹742.5 Crore Aircel-Maxis Scam
Day 66: Kalanithi Maran — Sun TV, Aircel Sale Under Pressure, and the ₹742.5 Crore Aircel-Maxis Scam THE NUMBER In 2017, the Enforcement Directorate (ED) attached assets worth ₹742…
Business Frauds Day 65: Raghav Bahl — The Quint, ED Raids, and the Foreign Investment Labyrinth
Day 65: Raghav Bahl — The Quint, ED Raids, and the Foreign Investment Labyrinth THE NUMBER ₹43.5 crore. That’s the amount the Enforcement Directorate (ED) alleged was illegally rou…
Business Frauds DAY 64: PRANNOY ROY — NDTV, THE ED CASE, AND THE ALLEGATIONS THAT NEVER STUCK
DAY 64: PRANNOY ROY — NDTV, THE ED CASE, AND THE ALLEGATIONS THAT NEVER STUCK THE NUMBER ₹48 crore. That’s the exact amount the Enforcement Directorate (ED) alleged was laundered t…
Business Frauds Day 63: The TRP Scam — How Arnab Goswami’s Republic TV Allegedly Rigged Ratings to Loot Advertisers
Day 63: The TRP Scam — How Arnab Goswami’s Republic TV Allegedly Rigged Ratings to Loot Advertisers THE NUMBER In October 2020, the Mumbai Police claimed that Republic TV and two M…
Business Frauds Day 62: The Zee-Sony Merger Collapse — Who Was Responsible, What Investors Lost
Day 62: The Zee-Sony Merger Collapse — Who Was Responsible, What Investors Lost THE NUMBER ₹33,000 crore—the value of the collapsed Zee Entertainment-Sony Pictures merger, announce…
Business Frauds Day 61: Subhash Chandra — Zee, ₹11,000 crore debt, pledged shares, promoter under pressure
Day 61: Subhash Chandra — Zee, ₹11,000 crore debt, pledged shares, promoter under pressure THE NUMBER In March 2024, the National Company Law Tribunal (NCLT) revealed that Essel Gr…