Cricket

September 18, 2012

Indian Banks to Take a Huge NPA Loss on Deccan Group Loans due to Bad Due Diligence and Credit Risk Assessment

Deccan Group Falls Down The collapse of the Deccan Group which is the owner of one of the largest media groups in the country and the […]
February 1, 2012

Easiest Way to Become Super Rich in India – Become a Politician Crony (Ponty Chadha stashes $20 million cash in Mall Basement)

India is a country with one of the biggest population of poor people living hand to mouth. But becoming super rich in this country is not rocket science. All you have to do is become a political crony and start counting your millions if not billions. Corruption in India is quite rampant and blatant which has been proved time and again with scam a day. Politicians and Businessmen have been jailed but they have managed to get out on bail using their millionaire lawyers to fake illness and other shenanigans. Some politicians are now involved in both professions with some rumored to be billionaires owning companies through surreptitious means and parking their money in Swiss banks. Business Groups in India see their shares rising and going down depending on which political party wins proving the nexus between politicians and businessmen. There has been no reforms to separate these two and now powerful politico-business dynasties have started ruling large parts of India.
April 4, 2011

India's Congress refuses stronger anti-corruption Jan LokPal Bill despite fast by Hazare – Not a Surprise after presiding over a Zillion Scams

India has been rocked by a number of scams and scandals in which the ruling Congress Party members have invariably involved.The Adarsh Housing Scam,Commenwealth Games Scam,2G […]
April 2, 2011

Corrupt Indian Politicians – Goa minister Monserrate found $10 million cash while Alagiri assaults election

Indian Politicians Corruption and Lack of Respect for Law is becoming more blatant by the day.Despite numerous scams and scandals hitting the media everyday,the corruption continues on unfazed.The minister of education of the Goa state was found with an astounding 10 million dollars in cash at the Mumbai airport while Alagiri who is a federal minister has been found to have assaulted an election official in his hometurf of Madurai.These politicians have managed to make a mockery of the Indian justice system as they know they won't get prosecuted or arrested.Note numerous scandals have hit the headlines but none of the major minister or bureaucrats are doing jail time.Most of the corruption cases have been buried by equally corrupt Indian investigative agencies.The only cases being pursued is where India's Supreme Court has ordered a personal investigation.Expect none of these 2 above incidents to result in anything where Indian politicians continue to treat Indian democracy as a medieval feudal system.
April 2, 2011

India Corruption Unlimited – Sharad Pawar gets Linked in yet another Scam (DB Realty,Pune,Sule)

Sharad Pawar,India's powerful agricultural minister and the president of the international cricket body ICC has managed to get involved in most corruption scams coming out in the last year or so.However he has managed to come out unscathed even as his fingers are in multiple corruption pies.The name of Pawar and his daughter Supriya Sule ( who is a MP what a surpise) has come up in multiple corruption scandals like the 2G Telecom Scandal,IPL Cricket Scandal and Lavasa Scam etc.However it points to his influence and reach,that nothing has happened.He is the leader of a regional party which is part of the ruling coalition in the centre.
March 8, 2011

Banana Republic India's Totally Blatantly Corrupt Cricket Administration BCCI- Where You Can't Buy a Match Ticket

It is impossible to buy tickets to cricket matches as all the tickets have been given by the officials to their cronies and colleagues.So if you want to buy a ticket to see a cricket match you can't do that.This has even led to the ICC saying that it will lead to bad relations with sponsors .Note the Minister has cropped up in a number of major scams like the Lavasa Scandal,IPL Scam etc.However his role as an ally supporting the government has made him immune to any prosecution.The Indian Police instead of booking a case against ICC corruption has hit out at fans angry at being denied to see a match as no tickets are sold.India is a Banana Republic except that the Supreme Court manages to occasionally shame the government and bring a culprit or 2 to book