2001 - 2010 - Indian scam Decade of worth `.73000000000000 India a.k.a Mother India - Land of over Democracy‚ has been denigrated by Greed‚ graft‚ politics‚ bribery & dirty money. As we are coming to an end of a scammed year (hopefully the last). It might be exasperating to many Indians that the worth of this decade’s scams has reached a new high of 73 Lakh crores. It’s hard to digest isn’t it? Here are the details (year wise): 2001 - UTI scam `. 4‚800 cr Dinesh Dalmia stock scam `.
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Investment Corporation of India Bank): ICICI Bank was established by the Industrial Credit and Investment Corporation of India‚ an Indian financial institution‚ as a wholly owned subsidiary in 1994. The parent company was formed in 1955 as a joint-venture of the World Bank‚ India’s public-sector banks and public-sector insurance companies to provide project financing to Indian industry.[10][11] The bank was initially known as theIndustrial Credit and Investment Corporation of India Bank‚ before it changed
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Yarn numbering systems Tex-System Swicofil indicates the counts of their yarns by means of the Tex-system. Tex Units Term Definition Basic Tex Unit [tex] Mass of yarn in grams per 1000 meters length Decimal fraction Mass of yarn in grams per 10’000 meters length Decitex [dtex] 1 g / 10’000 m = 1/10 tex Decitex is the count grading for filament and spinning yarns recognized by all international bodies in the man-made fibres industry. Decimal multiple Mass in kilograms per
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TOP 10 Biggest Indian Scams Of All Times 1. Ramalinga Raju The biggest corporate scam in Indias come from one of the most respected businessmen. Satyam founder Byrraju Ramalinga Raju resigned as its chairman after admitting to cooking up the account books. His efforts to fill the "fictitious assets with real ones" through Maytas acquisition failed‚ after which he decided to confess the crime. With a fraud involving about Rs 8‚000 crore (Rs 80 billion)‚ Satyam is heading for more trouble in
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SME stands for Small and Midsize enterprises. The definition defers from country to country. A business that maintains its revenue or employees below a certain standard is called an SME. The European definition for SMEs is “The businesses which have less than 250 employees and the annual revenue is less than 50 million euro (or annual balance sheet total less than 43 million euro) are called SMEs.” India has defined SMEs under Micro‚ Small and Medium Enterprises Development (MSMED) Act‚ 2006. It
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potential of the sector. But all this rush of money into the system‚ in a short span of time is what worries one. Investors like Temasek Holdings Pte. Ltd‚ BlackRock Inc.‚ Government of Singapore Investment Corp.‚ Steadview Capital Management LLc‚ etc. have made the valuations of a lot of firms in e-commerce to reach skyrocketing. Are these valuations really justified? According to an estimate‚ the Rs 13‚800-crore (or $2.3-billion approx.) Indian e-tailing market is expected to account for 3% of India’s
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different products and designs A few months ago‚ a team from IKEA visited Indian homes across various income groups to understand what kind of design and products could work in India. The world’s largest single-brand retailer has proposed to invest up to Euro 1.5 billion (more than Rs 10‚000 crore) in two phases to open 25 stores in the country. Experts say such a localisation strategy will help IKEA connect with Indian consumers. "Food and home category require huge localisation and consumers
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crores Teja Loans 1960 22 crores Kuo Oil Deal 1976 2.2. crores HDW Comission 1987 20 crores Bofors Pay-Off 1987 65 crores St Kitts Forgery 1989 9.45 crores Airbus Scandal 1990 2.5 crores per week Securities Scam 1992 5000 crores Indian Bank Rip-off 1992 1‚300 crores Sugar Import 1994 650 crores JMM Bribes 1995 1.2 crores In a Pickle 1996 10 lakhs Telecom Scam 1996 1.6 crores Fodder Scam 1996 950 crores Urea Scam 1996 133 crores CRB Scam 1997 1000 crores Vanishing
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History With an initial investment of ₹2 lakh each and a monthly allowance of ₹10000 for 18 months‚ the duo‚ Sunny Bansal and Binny Bansal‚ launched an e-commerce website of retailing books in September 2007. Today‚ that e-commerce website‚ Flipkart‚ is valued at around ₹2000 crore. Being India’s largest online retailer flipkart recently crossed 1 billion (approx ₹5920 crore) mark in sales in March this year and aims to be the first $100 billion internet company from India. BBD-Introduction Flipkart
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ASSOCHAM Economic Weekly 01st September‚ 2013 Assocham Economic Research Bureau THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA Contents 1. Macroeconomy 1.1 Gross Domestic Product‚ Q1: 2013-14 1.2 Consumer Price for Industrial Worker‚ July 2013 1.3 Centre’s Fiscal situation in the first four months of 2013-14 1.4 Change in tariff value of gold and silver 2. Corporate Sector 2.1 Sectoral Deployment of Bank Credit‚ July 2013 2.2 Foreign Tourist in India and Foreign
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