The Commonwealth Games (CWG) Scam jeopardized the reputation of India in the global platform. It reflected the extreme condition of corruption, mismanagement, fraud and misuse of funds in the Commonwealth Games. Introduction The Commonwealth Games is an international sport event featuring multi-sport events. It involves athletes from all the Commonwealth of Nations. This event started … Read more
Background In 1987, two Hyderabadi brothers Mr. Ramalinga Raju (will be referred as Raju for rest of article) and Mr. Rama Raju established an IT firm. They named the business “ SATYAM COMPUTER SERVICES”. They offered services like software development, system maintenance, packaged software integration, business integration and many more. Satyam Computer Services marched to … Read more
Introduction: Wells Fargo Wells Fargo is an American multinational financial services company established in 1852 by Henry Wells and William G. Fargo in New York, United States. The company has its headquarter in San Francisco, California, United States. As per Macro Trends, Wells Fargo has a market capitalization of $179.98 billion as of June 23, … Read more
Introduction “The Harshad Mehta Scam” or “The Securities Scam 1992” is a classic example of stock market scam by Harshad Mehta, a registered and well-known broker during the time. This scam took over the stock market of India by storm and reflected the then volatility in the stock exchange. This scam involved misappropriation of funds … Read more
IDFC First Bank : Introduction The IDFC Bank ( Infrastructure Development and Finance Company Bank) is an Indian Bank with the majority of the stake with IDFC Limited which is an Integrated Infrastructure Finance Company. The IDFC crisis provides good learning opportunities to the concerned parties. IDFC Bank started its operation in October 2015 after … Read more
YES BANK: INTRODUCTION YES BANK is one of the leading private sector lenders in the Indian banking and financial system. It was incorporated in November 2003 and started its operation from August 2004 with the mission; to establish a high-quality, customer-centric, service-driven, private Indian Bank catering to the ‘Future Businesses of India’. YES BANK is … Read more
About the Crisis On October 1, 2018 market share price of Bandhan Bank dipped nearly by 21% due to the restriction by Reserve Bank of India (RBI) on Bandhan Bank regarding the expansion of its branch operation and freezing of the salary of Chief Executive Officer Chandra Shekhar Ghosh. Reserve Bank of India (RBI) took … Read more
