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| Welcome, This site is an archive of my recent work. More importantly, I hope this will be a meeting place for like-minded people interested in development issues, good governance, consumer rights and investor protection. |
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| Current Articles  - SEBI & RBI: Aren’t regulators accountable for the USE mess
May 2, 2012
The United Stock Exchange is the worst example of SEBI’s dereliction of duty. The fourth forex-derivatives bourse, set up by a bunch of institutions, was permitted to start operations without a revenue model, SEBI and the Reserve Bank of India did not question this
Comments - Vijay Mallya’s Tax Claim Saga: Kingfisher, UB’s slow crumble
May 2, 2012
Kingfisher Airlines has defaulted on all commitments (including rent, salaries and taxes). This is a fit case for holding the entire board of the UB Group accountable
Comments - Investor Population: Vanishing Investors
Apr 30, 2012
Manipulating research studies or media opinion or more investor meets will not increase investor participation
Comments - Vijay Mallya: Habitually broke?
Apr 18, 2012
Mr Mallya was broke 20 years ago. Can he again work his way out of trouble by selling assets?
Comments - SEBI: Curious property buying binge
Apr 18, 2012
Angry investors plan to keep a close watch on SEBI’s spending binge this time.
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| What's New - IRDA chairman underlines that nobody should be refused an insurance but admits enforcement may be lacking
May 16, 2012
Speaking at a Moneylife Foundation seminar, IRDA chairman J Hari Narayan also said prohibiting banks from selling insurance products is not feasible in India
Comments - 4 doctors of Max Hospital held guilty of negligence; anxious father awaits action after CIC’s order
May 16, 2012
Following the death of his daughter due to medical negligence in Delhi’s posh Max Hospital, the aggrieved father invoked 50 RTI applications in various departments to seek justice. Last week’s order by CIC Shailesh Gandhi provides some hope
Comments - Thrills and perils at the front desk
May 16, 2012
The hectic work at the front desk meant staff being alert all the time, but despite this there were some goof-ups that were resolved without much ado. The 34rd part of a series describing the unknown triumphs and travails of doing international business
Comments - Ayurvedic doctor penalised for giving allopathic medicine that led to a patient’s death
May 16, 2012
The National Consumer Commission, while upholding State Consumer Forum’s decision, questioned why an Ayurvedic practitioner administered allopathic medicines without any knowledge of the same
Comments - Warburg Pincus’ dud investment in Moser Baer: An honest mistake?
May 16, 2012
Warburg Pincus, a private equity giant, sold its investment in Moser Baer after taking a massive loss. It is strange that Warburg took 12 years to realise what was apparent long time ago
Comments - Fund Performance: Worst Equity Funds
May 16, 2012
Schemes from JM Financial, LIC Nomura and HSBC have done disastrously
Comments - N Prasad of Matrix Lab arrested for sweetheart deal with Jagan Reddy
May 16, 2012
According to CBI, Prasad invested several hundred crores of rupees in companies floated either by YSR Reddy or his son, Jaganmohan Reddy and paid huge premium for the shares, which was nothing but a quid pro quo deal
Comments - SEBI asks MPS Greenery to deposit Rs1,169 crore in escrow account
May 15, 2012
Despite orders from SEBI in the past, the MPS group company continued to collect money and publish ads in local newspapers
Comments - IRDA given health insurance memorandum by Moneylife Foundation
May 15, 2012
Health insurance is a cause of concern for everyone. There are several issues that need regulatory intervention and direction. IRDA has been handed over a memorandum by Moneylife Foundation highlighting the actions for each consumer concerns
Comments - IRDA given life insurance memorandum by Moneylife Foundation
May 15, 2012
Life insurance is plagued with several issues of mis-selling by intermediaries and even more by banks. Moneylife Foundation has handed over a memorandum to IRDA which highlights the citizens' concerns
Comments - RIL does not hold stake in any media company – True or False?
May 15, 2012
It may be true that on paper, RIL does not hold any stake in any media company, as the minister stated in Rajya Sabha. However, the Reliance group now openly controls Eenadu TV and the Network18 Group
Comments - 25% public holding: Will It Happen this Time?
May 15, 2012
Nearly 181 private companies and 16 PSUs would need to sell shares before the August 2013 deadline in order to comply with the 25% shareholding rule. Will corporate India succeed in another deferment of the deadline?
Comments - Ashok Leyland reports poor quarterly and annual results, ropes in MS Dhoni as brand ambassador
May 15, 2012
The commercial vehicle manufacturer has roped in cricket superstar Mahendra Singh Dhoni as its brand ambassador while it reports poor quarterly results
Comments - ‘Lucrative’ assignments: A Messy Saga
May 15, 2012
Top bureaucrats and chairmen of banks and public sector entities (barring a few honourable exceptions) are guilty of corruption and looting of public assets. However, their political godfathers ensure that they escape strict action
Comments - Harshad Mehta Scam: A Distorted Picture of 1992
May 15, 2012
Even after a 20-year effort, the special court is discussing the possibility of pushing the hearings. The only major beneficiaries have been India's lawyers, whose incomes rose by a factor of 10 or more
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| | | | FeedBack | - Ann Gill Sep 05, 2010:
Dear Sucheta,
I have spent days sercing various sites, including SEB,I f ... - Rajendra Kumar Surana Sep 01, 2010:
Respected Madam,
I shall be highly obliged to receive your ... - Husain Lokhandwala Aug 29, 2010:
respected madem,
when ever capital market is in rising trend many i ... - M V Mohanrao Aug 28, 2010:
Dear Madam,
Under the present conditions, is it possible for us to get ... - Mohan Konyala Aug 28, 2010:
Hi Ms. Sucheta
I have come across your blog as I am in the process of fi ... - Anand Shankar Mall Aug 27, 2010:
i happened to read your article as a friend forwarded me your article via m ...
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