Hemindra Hazari 23/MAY/2017
Recently, Axis Bank and Yes Bank jolted the Indian banking community while releasing their annual results. Both banks disclosed a staggeringly large divergence between the banks’ audited accounts and the Reserve Bank of India’s (RBI) findings regarding bad loans on the books of these banks...
In the corporate sector it is extremely rare to find a whistleblower who consistently puts out internal information on malpractices and confidential internal communication, some of it within days of its release, which highlight either malpractices or dissent within the senior ranks. Such information should be a goldmine for...
By
Hemindra Hazari
Even in a season of corporate misgovernance, scams and lack of any CEO-level and board-level accountability, a new leviathan of misgovernance threatens to dwarf the rest.
Emerging from the murky depths – where it seems to have flourished, largely unreported on by the media, financial analysts and even the...
In the ongoing flirtation with the West, India must remember the Western humiliation of Iraq, which was nurtured to serve western interests and was subsequently destroyed when it discarded the western yoke.
Naval-Strategy-10Dec1991Download
The Reserve Bank of India (RBI) on May 29, 2024 imposed restrictions on ECL Finance (ECL) and Edelweiss Asset Reconstruction (EARC) for extensive mismanagement, confirming the grave concerns felt by some sections of the financial sector regarding the Edelweiss group for at least a decade. The RBI directed ECL...
EXECUTIVE SUMMARY. A noteworthy feature in the 3QFYGDP estimate is its dubious credibility, as indirectly admitted by the official statistical agency itself. In the 1QFYGDP and 2QFYGDP, while the National Statistical Office (NSO) had acknowledged that, on account of the lockdown, the estimates are “likely to undergo revisions” the...
EXECUTIVE SUMMARY. On June 14, 2019, Tech Mahindra joined the ranks of Tata Global Beverages, Ambuja Cement and Dr Reddy’s in appointing Shikha Sharma as an independent director. Private equity firm KKR had also appointed Sharma as an adviser for their alternative investments. The irony of publicly-owned and listed...
True, the field is crowded, and fresh insights are hard to come by. Still, contrary to Douglas Kim’s argument, it’s not mid-caps, but large-caps, that offer profitable subject matter for research. The advantage for the truly independent researcher is that, while the usual corporate doors are quickly shut, there...
