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CORPORATE MANIPULATION
CCI closes furniture tender case against Godrej & Boyce Mfg. Co, 15 govt entitiesThe Competition Commission of India has dismissed allegations of systemic manipulation in public furniture procurement favouring Godrej Ent...- How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...
- Proverb of the day: ‘When the fox preaches, look to your geese’ - A timeless wisdom on being aware of hidden motives and deceptionBeware of those who offer sweet words and promises, especially when they stand to gain from your trust. The timeless proverb of the day war...
- Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
- AI bubble won't tell you who's naked till the tide goes out. Warren Buffett explained why 25 years agoWarren Buffett said you only find out who is swimming naked only when the tide goes out. The year he wrote this in his annual letter to sha...
- 'Don't die in the meantime': Millionaire Bryan Johnson says some humans may live forever, shares three reasons whyLongevity advocate Bryan Johnson predicts a future where humans might live indefinitely, driven by rapid advancements in biotech and AI. He...
- When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
- En route to D-Street: NSE files draft papers with SebiThe National Stock Exchange has filed its draft prospectus with Sebi, moving closer to its long-awaited Initial Public Offering. The IPO is...
- Vigilance conducts statewide inspections of ration shops, NFSA godowns in KeralaKerala Vigilance and Anti-Corruption Bureau launched 'Operation Bhakshya Suraksha'. Surprise inspections targeted NFSA godowns and ration s...
- Trump's critical minerals pricing plan faces skeptical G7, divided industryAmerica's plan to control critical mineral prices faces hurdles. G7 nations and the US mining sector are divided. The proposal aims to redu...
- Quote of the day by J.P. Morgan: 'People without homes will not quarrel with their leaders. This is well known among our...' - thought-provoking economic lessons on power, capitalism, public influence, leadership and social division by founder of JPMorgan Chase & CoQuote of the day by J.P. Morgan (John Pierpont Morgan): Financier J.P. Morgan's words highlight how economic insecurity can make people vul...
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi SonGautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The...
- TCS case chargesheet: Complainant says she was made to watch videos of Pakistani Islamic clericsA chargesheet in a Nashik TCS case reveals an alleged orchestrated plan of sexual harassment and forcible conversion. Victims reported bein...
- Warren Buffett on how CEOs manipulate earnings – and how to spot itWarren Buffett compared modern corporate accounting to a golfer who turns in a score of 140 in his first round (thanks to fake bogeys), and...
- IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
- How an IITian-turned ‘guru’ built a following through YouTube and exploited women through Gandharva marriages in MathuraAbhishek Mishra, also known as Adikarta Narayan Das, a former IIT Roorkee student, now a self-styled spiritual leader in Mathura, has been ...
- CBSE portal was hit by malicious attack; 50 children got into system: SourcesA malicious attack on the CBSE revaluation portal's payment system granted unauthorized access to around 50 students, causing abnormal fee ...
- Corporate Majdoor Janta Party: Gurgaon professional’s satirical manifesto goes viral, CBI audit of CTC vs in-hand salary among promisesA former Amazon employee has created a satirical political party called the Corporate Majdoor Janta Party. The party's manifesto humorously...
- 'She forgot fourth F - falling private investment': Congress' dig at Sitharaman's '3Fs' callThe Congress party has responded to Finance Minister Nirmala Sitharaman's focus on fuel, fertiliser, and forex. Party leader Jairam Ramesh ...
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