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Essar Leaks
The Essar leaks include e-mails, office memos, telephone conversations and other records allegedly leaked from the systems of the Indian business conglomerate Essar Group. The leaked records allegedly contain evidence of politician-corporate nexus in India, and show how business interests unfairly manipulate Indian government and judiciary. In 2015, an unnamed whistleblower leaked a set of internal e-mails and memos from the Essar Group, alleging that the conglomerate had granted favours to several politicians, bureaucrats and journalists. Essar denied the allegations, terming the alleged favours as "common courtesies" that are legally justifiable. Essar also claimed that some of the leaked material was fabricated, and was being used to blackmail them. In May 2016, lawyer Suren Uppal reported the existence of a new set of secretly recorded conversations to the Prime Minister. The conversations involve influential politicians, bureaucrats, businesspeople, bankers, and other VIPs. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essar Group
Essar Group is an Indian multinational conglomerate company, founded by Shashi Ruia and Ravi Ruia in 1969. As Essar Global Fund Limited (EGFL), the company controls a number of assets across the core sectors of energy (oil refining, oil and gas exploration, and production, power), infrastructure & logistics (ports, projects), metals & mining, technology and retail (oilfield services, IT, food retail). EGFL holds nearly 100% stake in all its investments. Significant Essar Group companies include Essar Oil UK, Essar Ports, Essar Oil & Gas Exploration & Production, Essar Shipping, Essar Power, and Essar Projects. History In 1969, Shashi Ruia won a major contract worth Rs. 2.3 crore for the construction of an outer breakwater for Chennai port, thus laying the foundation of Essar Group. In 1976, Essar purchased India's first private tanker for US$2 million. In 1995, Essar Group entered the telecom sector with a Swiss PTT joint venture partnership branded as the Essar Cellph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reliance Industries Limited
Reliance Industries Limited is an Indian multinational conglomerate company, headquartered in Mumbai. It has diverse businesses including energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue. It is also the one of the top largest employer in India with over 236,000 employees in the world. The company is ranked 100th on the Fortune Global 500 list of the world's biggest corporations as of 2022. Reliance continues to be India's largest exporter, accounting for 7% of India's total merchandise exports and it has access to markets in over 100 countries. Reliance is responsible for almost 5% of the Government of India's total revenue from customs and excise duty. It is also the highest income tax payer in the private sector in India. The company has relatively l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suresh Prabhu
Suresh Prabhakar Prabhu (born 11 July 1953) is an Indian politician, India's Sherpa to the G7 anChancellor of Rishihood University who was the Minister of Civil Aviation, Railways, Commerce & Industry in the First Modi ministry. He is a Chartered Accountant by profession and a member of the Institute of Chartered Accountants of India (ICAI). From 1996, Prabhu retained the seat as a Member of Parliament for the Rajapur Lok Sabha constituency in Maharashtra as a member of the Shiv Sena (SS) political party. He resigned from Shiv Sena and joined the BJP on 9 November 2014. Since June 2016, he has represented Andhra Pradesh in the Rajya Sabha. He is also the founding Chancellor of Rishihood University. He is also a visiting professor at London School of Economics Education and career Suresh Prabhu completed his schooling from Sharadashram Vidya Mandir, Dadar, Mumbai, followed by a Bachelor in Commerce with Honours from M. L. Dahanukar College, Vile Parle, Mumbai. He rec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bharatiya Janata Party
The Bharatiya Janata Party (BJP; ; ) is a political party in India, and one of the two major Indian political parties alongside the Indian National Congress. Since 2014, it has been the ruling political party in India under Narendra Modi, the incumbent Indian prime minister. The BJP is aligned with right-wing politics, and its policies have historically reflected a traditional Hindu nationalist ideology; it has close ideological and organisational links to the Rashtriya Swayamsevak Sangh (RSS). , it is the country's largest political party in terms of representation in the Parliament of India as well as state legislatures. The party's origins lie in the Bharatiya Jana Sangh, which was founded in 1951 by Indian politician Shyama Prasad Mukherjee. After The Emergency of 1975–1977, the Jana Sangh merged with several other political parties to form the Janata Party; it defeated the then-incumbent Indian National Congress in the 1977 general election. After three years in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ram Naik
Ram Naik (born 16 April 1934) is a veteran Indian politician from the Bharatiya Janata Party, served as the 27th Governor of Uttar Pradesh. Political career Ram Naik was a member of the 13th Lok Sabha and was Minister of Oil and Natural Gas in the Atal Bihari Vajpayee cabinet (1999–2004). He was instrumental in introducing Members of Parliament Local Area Development Scheme. He was the BJP candidate for elections to the 14th Lok Sabha representing Mumbai North, but lost to famous Bollywood actor Govinda, an INC candidate from Virar. A Rashtriya Swayamsevak Sangh volunteer since childhood, he holds a law degree. He started his political career with the Bharatiya Jana Sangh in 1964 and was involved in organizing a group of rail commuters in Mumbai. He represented Borivali in the state assembly in 1978 and was re-elected twice, before becoming Minister of State for Railways in 1998, when he was influential in forming the Mumbai Railway Vikas Corporation. In 2004 he published ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lalita Gupte
Lalita D. Gupte, Joint Managing Director of ICICI Bank (India’s second largest commercial bank), until 31 October 2006, is an important figure in India’s banking and financial services sector. An INSEAD alumnus, Gupte was listed by the Fortune "as one of the fifty most powerful women in international business." She is currently the Chairperson on the Board of ICICI Venture and a board member of Nokia Corporation.On 22 June 2010 she was appointed as member of Alstom’s Board of directors. Career Recruited directly from the Mumbai-based Jamnalal Bajaj Institute of Management Studies, Gupte had begun her career with ICICI Ltd (which later merged with ICICI Bank) in 1971 as a trainee in the Project Appraisal department. She served in different locations and capacities, and had played a pivotal role in the listing of ICICI share in the New York Stock Exchange (NYSE) – the first Indian enterprise to be listed in NYSE, and the second Asian Bank to do so. Gupte was made Joint Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ICICI Bank
ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. This development finance institution has a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries. The bank has subsidiaries in the United Kingdom and Canada; branches in United States, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China and South Africa; as well as representative offices in United Arab Emirates, Bangladesh, Malaysia and Indonesia. The company's UK subsidiary has also established branches in Belgium and Germany. History The Industrial Credit and Investment Corporation of India (ICICI) was established on 5 January 1955 and Sir Arcot Ramasamy Mudaliar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IDBI Bank
The IDBI Bank Limited (IDBI Bank or IDBI) is a development finance institution under the ownership of Life Insurance Corporation of India and Government of India. It was established in 1964 as Industrial Development Bank of India, a development finance institution, which provided financial services to industrial sector. In 2005, the institution was merged with its commercial division, IDBI Bank, forming the present-day banking entity and was categorised as "other development finance institution" category. Later in March 2019, Government of India asked Life Insurance Corporation to infuse capital in the bank due to high NPA and capital adequacy issues and also asked LIC to manage the bank to meet the regulatory norms. IDBI was put under Prompt corrective action of the RBI and on 10th March 2021 IDBI came out of the PCA. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%, which Government of India (GoI) vide its communication F.No ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sahara Group
Sahara India Pariwar (''pariwar'' being Hindi for "family") is an Indian conglomerate headquartered in Lucknow, Uttar Pradesh, India. The group operates business sectors such as finance, infrastructure & housing, real estate, sports, power, manufacturing, media & entertainment, health care, life insurance, educational institute, offline online education (edunguru), retail, E-commerce (online/offline shopping), electrical vehicle (sahara evols), hospital, artificial intelligence, hospitality, and co-operative society. The group has been a major promoter of sports in India and was the title sponsor of the Indian national cricket team, Indian national hockey team and Bangladesh national cricket team, Force India Formula One team among many other sports. Businesses Sahara India Pariwar was founded by Subrata Roy Sahara in 1978. In 1978, Sahara group was termed by the ''Time'' magazine as ‘the second largest employer in India' after the Indian Railways. The group operates more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subrata Roy
Subrata Roy (born 10 June 1948) is an Indian businessman who founded Sahara India Pariwar in 1978. Sahara India Pariwar has operated a vast number of businesses such as Aamby Valley City, Sahara Movie Studios, Air Sahara, hockey sports, Filmy, among others. Roy was named among the 10 Most Powerful People of India in 2012 by ''India Today''. In 2004, Sahara group was termed by ''Time'' magazine as 'the second largest employer in India after Indian Railways. The group operates through more than 5,000 establishments spread across India and has a workforce of around 1.2 million (both field and office) under the Sahara India umbrella. Early life Subrata Roy was born in Bengali Hindu family in Araria on 10 June 1948 to Sudhir Chandra Roy and Chhabi Roy. He studied at Holy Child Institute in Kolkata and later studied mechanical engineering from Government Technical Institute, Gorakhpur. Roy started his first business in Gorakhpur. Business career Roy joined Sahara Finan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tina Ambani
Tina Ambani (née Munim) is a former Indian actress. She is married to Anil Ambani, Chairman of Reliance Group. She is actively involved in many foundations and charities. Many of these were established in the memory of her in-laws, Dhirubhai and Kokilaben Ambani. Her work ranges from elder care to promotion of Indian art. Personal life Ambani was born Tina Munim on 11 February 1957. She graduated high school in 1975 from the MM Pupils Own School in Khar, Bombay. The same year, she was crowned Femina Teen Princess India 1975 and represented India at the Miss Teenage Intercontinental contest in Aruba, where she was crowned second runner-up.She subsequently enrolled in Jai Hind College for a degree in arts. Later in 70s, she joined the Hindi film industry and had a successful career as a leading actress, for thirteen years. On 2 February 1991, she married Anil Ambani, the younger son of Indian business tycoon Dhirubhai Ambani who founded Reliance Industries. They have two sons Ja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mukesh Ambani
Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire businessman. He is the chairman and managing director of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India's most valuable company by market value. According to ''Forbes'' and ''Bloomberg Billionaires Index'', Ambani's net worth is estimated at US$93.8 billion as of 29 November 2022, making him the second richest person in Asia after Gautam Adani and the 8th richest in the world. Early life Mukesh Dhirubhai Ambani was born on 19 April 1957 in the British Crown colony of Aden (present-day Yemen) into a Gujarati Hindu family to Dhirubhai Ambani and Kokilaben Ambani. He has a younger brother Anil Ambani and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaonkar. Ambani lived only briefly in Yemen because his father decided to move back to India in 1958 to start a trading business that focused on spices and textiles. The latter was originally named "Vimal" but later changed to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
