Understanding IL&FS Infrastructure Leasing & Financial Services (IL&FS) was established in 1997 by three financial institutions, namely Central Bank of India, Housing Development Finance Corporation (HDFC), and Unit Trust of India (UTI), with the objective of granting loans for significant infrastructure projects. As IL&FS is set up as a non deposit taking NBFC. Therefore, it …
About vijay mallya Born to Indian entrepreneur Vittal Mallya in 1955, Vijay Vittal Mallya gained fame as “The King of Good Times” or “The playboy of the East.” His father was a well-known figure as the director of United Breweries (UB) Group, a position that Vijay Mallya himself achieved at the young age of 23. …
About: In 1987, Rama Raju and Ramalinga Raju founded Satyam Computer Services Ltd in Hyderabad. The name Satyam means ‘Truth’ in Sanskrit. The company started with 20 employees offering IT and BPO services to various sectors. Satyam’s initial success led to its listing and IPO in the BSE in 1991, and it soon acquired Deere …
The Satyam Scam: A Shocking Betrayal of Trust in Corporate India [2008] Read More »
