Posts

Piramal the King of (De)Mergers: Cat/Mārjāra is Out of the Bag!

Image
 Piramal the King of (De)Mergers: Cat/Mārjāra is Out of the Bag! Piramal the King of (De)Mergers: Cat/Mārjāra is Out of the Bag! Posted on 9th December, 2024 (GMT 09:01 hrs) ABSTRACT The blog post critiques Ajay Piramal’s business strategies, labeling him a “Chameleon King” for repeatedly using mergers, demergers, and rebranding to evade accountability. It highlights his corporate history, including acquisitions in the pharma sector and controversial actions in housing finance, such as the acquisition of DHFL during its insolvency proceedings. The post accuses Piramal of exploiting legal loopholes, obscuring past misconduct, and profiting while avoiding regulatory scrutiny. Key examples include the environmental violations in Digwal, Telangana, which was followed by the demerger of Piramal Pharma, and alleged irregularities in discounted DHFL loans benefiting entities linked to Piramal. The post criticizes his reliance on legal stays to delay unfavorable rulings, branding this...
Post a Comment
Read more

Silent Chains: The Unraveling of Justice in India’s Human Rights Struggles

Image
 Silent Chains: The Unraveling of Justice in India’s Human Rights Struggles Silent Chains: The Unraveling of Justice in India’s Human Rights Struggles Experiences of a Financially Abused Person in India ABSTRACT The article discusses India’s deepening human rights struggles, highlighting systemic failures such as the financial abuse faced by DHFL victims, the weakening of the National Human Rights Commission (NHRC), and increasing state repression. It paints a bleak picture of diminishing freedom, from economic exploitation to a crackdown on dissent, exacerbated by biased government institutions. The piece critiques India’s slipping global human rights rankings and the silencing of civil society, reflecting on the devastating consequences for ordinary citizens in a fractured democracy. Posted on 16th December, 2024 (GMT 08:21 hrs) I am vexed…I have seen that I am cordoned by many gatekeepers…I have lost my life-savings in the DHFL…the regulatory authorities were fast asleep wh...
Post a Comment
Read more

The DHFL Victims’ Thanksgiving

Image
  The DHFL Victims’ Thanksgiving The DHFL Victims’ Thanksgiving Posted on 11th December, 2024 (GMT 17:02 hrs) Composed and Compiled by  Partyless Society⤡  &  Occupy Dalal Street⤡ ABSTRACT The article expresses gratitude from the DHFL victims to various entities that have supported their cause. It acknowledges the role of 63 Moons Technologies, Moneylife, Supriya Shrinate, and Rahul Gandhi in highlighting legal and financial irregularities in the DHFL resolution process. It also raises concerns about cronyism and political influence in the case, particularly with ties between the BJP and financial magnates. Despite awaiting a Supreme Court verdict, the article emphasizes the victims’ commitment to justice, regardless of the outcome. I. Introduction As the DHFL cases have been heard at the Supreme Court of India and the victims are now awaiting the coming of the “judgment”, which, according to many sources, have been indefinitely reserved without giving a “ne...
Post a Comment
Read more