B.R. Shetty: UAE Empire's Dramatic Rise and Fall
B.R. Shetty built a healthcare and finance empire in the UAE, only to see it vanish amid debt scandals and court battles. His story mirrors Icarus' fall from corporate heights.
Category : Search result: corporate scandal
First Brands Sues Ex-Exec & Creditor for $2.9B Fraud
Bankrupt First Brands Group sues ex-executive Edward James and creditor Onset Financial, alleging a $2.9 billion fraud scheme. Read the full details of the lawsuit.
Bad Boy Billionaires India Satyam Episode Released After 5 Years
Netflix's 'Bad Boy Billionaires India' releases its long-delayed Satyam scandal episode after a five-year legal fight. Explore the story of Ramalinga Raju's corporate fraud.
MCA Debunks Fake Circular on Financial Statement Filing
The Ministry of Corporate Affairs warns companies against a fraudulent circular promising relaxed filing deadlines. Stakeholders urged to rely only on official MCA website for authentic updates.
ICSI Celebrates 25 Years of Corporate Governance Awards
The Institute of Company Secretaries of India commemorates a quarter-century of its National Awards for Excellence in Corporate Governance, honoring industry leaders and setting benchmarks.
Jain University's Corporate BBA: Boardroom-Focused Degree
Jain (Deemed-to-be) University launches a unique 4-year Corporate BBA. This program blends academics with real-world corporate training, offering placements and a direct path to leadership roles. Discover the future of business education.
Belgian Police Raid EU Offices in Major Fraud Scandal
Belgian police raid EU offices in a major fraud probe, detaining ex-foreign policy chief Federica Mogherini. The scandal follows the $100M Kyiv affair, shaking Brussels. Read the full details.
Zelensky Under Fire After Yermak's Purge in $100M Scandal
Ukrainian President Zelensky faces backlash as top aide Andrii Yermak resigns amid $100 million corruption scandal. Yermak's cryptic message adds to political turmoil in Kyiv.
Corporate America Q3 2023 Performance Analysis
Corporate America shows resilience in Q3 2023 with strong earnings despite economic challenges. Discover key trends, sector performance, and future outlook for US companies.
Campbell's Fires CISO Over Racist Remarks in Recording
American food giant Campbell's terminates CISO Martin Bally after secret recording reveals insulting remarks about Indians, customers and company products. Full story inside.
Campbell's Fires VP for Racist Comments About Indians
Campbell's terminates IT VP Martin Bally after recording reveals racist remarks about Indian coworkers and company's food quality. Lawsuit filed in Michigan court.
Sitharaman Reviews MCA, Directs Transparency Boost
FM Nirmala Sitharaman urges MCA to simplify processes, build a live dashboard for transparency, and fast-track services to realize India's developed nation vision. Read more.
Wells Fargo Whistleblower Can Sue Over Fake Interviews
Former Wells Fargo employee Joe Bruno wins arbitration battle, can now sue bank over retaliatory firing after exposing sham diversity interviews. Key developments in ongoing banking scandal.
FirstEnergy fined $250M in Ohio bribery scandal
Ohio regulators order FirstEnergy to pay over $250 million in fines and refunds for its role in a massive statehouse bribery scandal. Learn how this landmark decision impacts consumers.
EU Revolt Against Zelensky: Orban Slams Ukraine Corruption
Hungarian PM Viktor Orban intensifies criticism of Ukraine after $100 million nuclear corruption scandal rocks Zelensky's government, threatening Western support.
Deloitte exec's overwork caused Lyme disease: 8 months bedridden
Indian-origin Deepa Purushothaman's corporate success came at a cost: 100-hour work weeks triggered dormant Lyme disease, leaving her bedridden for 8 months. Her story redefines success.
Gotezu Expands: India's Team Building Leader Enters UAE
Gotezu, India's premier team building company, expands internationally with UAE market entry. Discover how they're transforming corporate culture globally.
SC Grants Legal Privilege to In-House Corporate Lawyers
India's Supreme Court delivers landmark judgment extending attorney-client privilege to in-house lawyers, transforming corporate legal confidentiality and bringing India in line with global standards.
India's Company Law Administration Overhaul from Jan 2024
India's corporate regulatory framework undergoes significant transformation with revamped Company Law Administration launching in January 2024, promising streamlined services and robust oversight for businesses.
Pune Police Officer Held in ₹2 Crore Bribe Case, ₹51L Seized
In a shocking development, Pune's Economic Offences Wing arrests one of its own officers after discovering ₹51 lakh in unaccounted cash linked to a massive ₹2 crore bribery case. Full details of the police corruption scandal.
Corporate Bonds: India's Debt Market Sweet Spot
Discover why corporate bonds are becoming the preferred investment choice in India's massive debt market, offering better returns than government securities with manageable risks. Learn how changing market dynamics are creating unprecedented opportunities
Tata Sons vs Mehli Mistry: Legal Battle Intensifies
Explosive legal confrontation unfolds as Tata Sons files caveat against former director Mehli Mistry, revealing deep corporate tensions and governance challenges within India's premier business conglomerate.
Tesla Bull Slams Board as 'Worst Ever Seen'
Prominent Tesla investor Ross Gerber delivers scathing criticism of Elon Musk's board, calling it the most transparent and ineffective corporate leadership he's ever witnessed.
Indian Telecom Exec in $500M US Fraud Scandal
Shocking revelations emerge as Indian telecom entrepreneur Bankim Brahmbhatt faces allegations of orchestrating a massive $500 million financial fraud in the United States, damaging India's business reputation globally.
Urjit Patel resigns from Britannia board
In a significant corporate development, former RBI Governor Urjit Patel has resigned as non-executive director of Britannia Industries. Explore the implications and timing of this unexpected move.
AI Revolution in Indian Corporate Boardrooms
Discover how AI is transforming board meetings, minute-taking, and fiduciary duties in Indian corporations. Learn about the legal implications and opportunities of AI-powered governance.
Noel Tata blocks Mistry's return to Tata Trusts
In a major corporate showdown, Noel Tata and two other trustees have blocked Cyrus Mistry's reappointment to Tata Trusts, escalating the ongoing battle for control over India's premier philanthropic organization.
LeBron James' Friend in NBA Gambling Scandal Exposed
Shocking NBA betting scandal unravels as a former friend of LeBron James is accused of secretly texting confidential information to high-stakes gamblers, raising serious questions about sports integrity.
SEBI's Debt Disclosure Revolution for Indian Companies
SEBI proposes mandatory disclosures for high-value debt listed companies, aiming to boost transparency and investor confidence in India's corporate bond market. New rules could transform how companies report financial health.
Amazon cuts 30,000 jobs in massive restructuring
Amazon announces sweeping layoffs affecting 30,000 corporate positions as CEO Andy Jassy tackles 'excess bureaucracy' and streamlines operations in major cost-cutting move.
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