SHCIL Scam, The Next Stage

The new management moves the Company Law Board, alleging fraud

In our previous issue, we pointed to a major scam at Stock Holding Corporation of India being perpetrated by the top management right under the nose of nominees of major financial institutions like IDBI, ICICI and, of course, regulators Securities and Exchange Board of India and Bombay Stock Exchange. After a halting process...

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  • Disappointed

    I have been a regular reader of MoneyLIFE for quite some time. I am disappointed to note that MoneyLIFE has lost direction. It was very disappointing to find a seven-page feature on Shubha Mudgal. No doubt, she is a great achiever in her field but she does not deserve the type of coverage that was given. After all, MoneyLIFE is a magazine for personal finance. Some other relevant material...

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  • A Billion Silent Chinese

    China’s emergence on the world scene as a superpower; an unending stream of Western as well as Indian political and business delegations visiting Beijing (except from Arunachal Pradesh); investment pouring in, clear sustainability of China’s economy; successful 2008 Summer Olympics. This is the version of China that the world wants to see or feels good looking at.

    Guy Sorman, a French...

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