Once in a Blue Moon Academia (OBMA)

  DHFL “Scam” Circus: The Great Hotchpotch DHFL “Scam” Circus: The Great Hotchpotch Posted on 16th February, 2025 (GMT 09:30 hrs) ABSTRACT The article dissects the DHFL case with flowcharts, posters, and satire. It highlights corporate maneuvers, particularly Ajay Piramal’s acquisition of DHFL through PCHFL. This was followed by mergers and demergers, which the article describes as a strategic legal-financial move, especially after the CBI cleared the Wadhawan brothers of wrongdoing. The article also addresses legal confusion, noting that misrepresentation regarding legal counsel led to an apology to Kapil Sibal and A.M. Singhvi, clarifying that they have always represented the Wadhawans, not Piramal’s PCHFL. Lastly, it critiques the state-corporate nexus, arguing that the RBI-appointed Committee of Creditors (CoC) and the Corporate Insolvency Resolution Process (CIRP) primarily benefited corporate entities at the expense of small investors. Comparing the DHFL saga to a Bollyw...

 Investor Alert: Beware of Piramal Group Stocks! Investor Alert: Beware of Piramal Group Stocks! An article published on January 9, 2025, by Occupy Dalal Street advises investors to avoid shares of Piramal Pharma Ltd. and Piramal Enterprises Ltd., citing a history of controversies involving the Piramal Group. Allegations include insider trading in 2016, the Flashnet Scam in 2018, environmental extortion in Digwal in 2019, and connections to the Electoral Bonds Scam and the DHFL Scam in 2021. The article also criticizes the merger of Piramal Capital & Housing Finance Ltd. with Piramal Enterprises Ltd., suggesting it was intended to obscure accountability. Investors are urged to consider these factors before investing in these companies. Investor Alert: Beware of Piramal Group Stocks!   VIEW HERE ⤡ The financial landscape is fraught with opportunities, but not all come without significant risks. Investors are increasingly advised to avoid shares of  Piramal P...