In this series of largest scams in India, our next scam is Vasundhara Raje Deendayal Upadhyaya Trust Scam 2006. Remembered as one of the biggest trust scams, it is settled in Rajasthan. Vasundhara Raje Deendayal Upadhyaya was the former, a BJP leader was the former CM of Rajasthan. She had founded the charitable trust named …
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VALUATIONS SENSEX PE Ratio 23.70 NIFTY PE Ratio 22.07 Source: NSE and BSE BSE SENSEX 65087.25 +11.43 +0.02% NIFTY 50 19347.50 +4.80 +0.02% NIFTY Bank 44232.60 -262.70 -0.59% BSE MID CAP 31207.87 +170.90 +0.55% BSE SMALL CAP 36851.14 +303.51 +0.83% GOLD (Rs./ 10 gm) 59,504.00 +238.00 +0.40% SILVER (Rs./kg) 74,899.00 +214.00 +0.29% USD/INR 82.73 -0.03 …
In recent years, the telecommunication industry has witnessed all new changes, with 4G technology carving the way for faster speed of internet and connectivity. However, amidst the progress, there was a massive allegation of scam involving Reliance and a staggering RS. 23,000 crores raising hot debates among everyone. This is the second scam next to …
VALUATIONS SENSEX PE Ratio 23.70 NIFTY PE Ratio 22.07 Source: NSE and BSE BSE SENSEX 65075.82 +79.22 +0.12% NIFTY 50 19342.70 +36.70 +0.19% NIFTY Bank 44495.30 +0.60 +0.00% BSE MID CAP 31036.97 +137.61 +0.45% BSE SMALL CAP 36547.63 +249.19 +0.69% GOLD (Rs./ 10 gm) 58,867.00 -20.00 -0.03% SILVER (Rs./kg) 73,630.00 +18.00 +0.02% USD/INR 82.63 +0.00 …
A scam that torn apart India’s economy is the 2010’s decade is the Satyam’s Scandal in 2009. The steer man of the scam is Ramalinga Raju, the founder & chairmanof Satyam Computers. It also exposed the vulnerable condition of auditing, regulatory management & governance of IT sector in India. For siphoning off a whopping amount …
VALUATIONS SENSEX PE Ratio 23.71 NIFTY PE Ratio 22.03 Source: NSE and BSE BSE SENSEX 64996.60 +110.09 +0.17% NIFTY 50 19306.00 +40.20 +0.21% NIFTY Bank 44494.70 +263.30 +0.60% BSE MID CAP 30899.36 +181.45 +0.59% BSE SMALL CAP 36298.44 +242.48 +0.67% GOLD (Rs./ 10 gm) 58,716.00 +76.00 +0.13% SILVER (Rs./kg) 73,509.00 -40.00 -0.05% USD/INR 82.65 +0.00 …
An index fund is a term that means mimicking of a specific market index like S&P 500 to get a nearly greatest return by following the rhythm of the fund. The market usually follows through a diversified portfolio with a low and transparent cost that reflects the original index fund. Based on the way of …
VALUATIONS SENSEX PE Ratio 23.65 NIFTY PE Ratio 21.98 Source: NSE and BSE BSE SENSEX 64886.51 -365.83 -0.56% NIFTY 50 19265.80 -120.90 -0.62% NIFTY Bank 44231.40 -264.80 -0.60% BSE MID CAP 30717.91 -262.25 -0.85% BSE SMALL CAP 36055.96 -86.78 -0.24% GOLD (Rs./ 10 gm) 58,640.00 -171.00 -0.29% SILVER (Rs./kg) 73,627.00 +59.00 +0.08% USD/INR 82.65 +0.09 …
VALUATIONS SENSEX PE Ratio 23.94 NIFTY PE Ratio 22.12 Source: NSE and BSE BSE SENSEX 65252.34 -180.96 -0.28% NIFTY 50 19386.70 -57.30 -0.29% NIFTY Bank 44496.20 17.10 0.04% BSE MID CAP 30980.16 33.41 0.11% BSE SMALL CAP 36142.74 76.79 0.21% GOLD (Rs./ 10 gm) 58,860.00 +41.00 +0.07% SILVER (Rs./kg) 73,750.00 -254.00 -0.34% USD/INR 82.70 -0.29 …
In the early 2000’s, the scam which shattered the country’s whole economic condition was the Stamp Paper Scam, 2003. The helmsman of this scam is Abdul Karim Telgi. Born in Khanapur, Karnataka, Abdul hailed from a middle-class family whose parents worked as vendors in the Khanpur Railway Station. Due to their weaker economic condition, he …
