In this special episode of Moneycontrol's Tech Mate podcast, Corporate Bureau Chief Prince Thomas talks to Tarun Bhatia, MD and Head of South Asia for Business Intelligence and Investigations at Kroll, to understand the motive behind people committing fraud.One of the primary reasons in India, according to Bhatia, is the dissatisfaction of employee at the workplace, and how he/she is treated by a manager, or peer.Close There are several other factors such as greed and position of power that motivate fraud in companies, and some even commit a fraud without really intending to do it. related news The Market Podcast | Red flags on D-Street; investors getting into risk aversion mode Corporate Buzz podcast | Birla warns Vodafone Idea may shut; relief for Yes Bank; auto sales and more Taking Stock: RBI shock hits D-St for second day; Nifty holds 11,900 Tune in to this episode of this special Tech Mate podcast to find out more.You can listen to the previous episode … [Read more...] about MC Special podcast | Greed, revenge or power play: What is the motive behind frauds?
Federal bureau of investigation
Fraud-hit CG Power and Industrial Solutions has sought shareholders' nod to borrow up to Rs 5,000 crore to meet working capital and other business needs as it looks to spring back from the worst crisis in its history. CG Power has called an annual general meeting of shareholders on December 14 where the resolution for borrowing will be put to vote.In a notice to shareholders, the firm said its current borrowing as of March 31, 2019, is Rs 2,455.39 crore (fund based including short term loans) and Rs 1,380.00 crore (non fund based)."Keeping in view the existing borrowing and additional fund requirements and given the current financial condition of the company, the company is in urgent need of both long-term capital and working capital and towards this, the management of the company is in the process of identifying potential sources of capital," it said.Close The company is also seeking external advice on mode and sources of fund raising. related news Modi govt resolves to … [Read more...] about CG Power seeks shareholders’ nod to borrow up to Rs 5,000 cr to revive business
A senior Swedish minister has opined that the US finally quitting the Paris Climate Accord throws up a big opportunity for Stockholm and New Delhi to set an example for the rest of the world on the need for collaborative efforts to meet the challenges of climate change. Swedish minister for business, industry and innovation Ibrahim Baylan believes that such a collaboration between the two nations is very possible because of the many shared values and the democratic framework both the countries operate in. This can help fill the void created by the US formally withdrawing from the pact to a large extent, he feels."With the US withdrawing from the Paris Agreement and now that we are daily getting reports on how the climate is changing and the number of people migrating, it is necessary that India and Swedan collaborate and set a good example globally for transitioning to sustainable growth," Baylan told PTI in an interaction during his visit to the city mid last week as part of the royal … [Read more...] about India, Sweden can collaborate on efforts to mitigate climate change, says minister
The rape survivor from Unnao, who was airlifted to Delhi and admitted to the Safdarjung Hospital here, is extremely critical and on ventilator, doctors attending to her said on December 6."The condition of the patient is extremely critical and she is on ventilator. Even her vitals are very low," said Dr Shalab Kumar, Head of Burn and Plastic Surgery at the hospital.The Delhi Traffic Police on December 5 provided a "green corridor" for hindrance-free movement of the ambulance carrying her from the airport to the hospital.Close "We have set up a dedicated ICU room for the patient. A team of doctors are consistently monitoring her health condition," Dr Sunil Gupta, Medical Superintendent at Safdarjung Hospital, said. related news Rahul Gandhi must return as Cong chief soon: Chhattisgarh CM Bhupesh Baghel PM greets people of member countries on SAARC charter day UK PM Johnson visits Hindu temple, vows to partner with PM Modi to build new India The rape survivor … [Read more...] about Unnao rape case: Day after being set afire, rape survivor critical and on ventilator
Hours after killing the four accused arrested in connection with the rape and murder of a veterinarian in an encounter, the Cyberabad police chief VC Sajjanar said "law has done its duty".Giving details of the incident during a press conference on December 6, he said the accused were in police custody for 10 days. On December 4 and 5, during interrogation, they confessed about the spot where they had committed the crime, he said.The accused were taken to the scene of the crime for a reconstruction of events as part of the investigation, said Sajjanar. There were about 10 police personnel with the accused when they were brought to the crime scene, he said.Close Also read | Praises and brickbats for Telangana police after accused killed in encounter related news Rahul Gandhi must return as Cong chief soon: Chhattisgarh CM Bhupesh Baghel PM greets people of member countries on SAARC charter day UK PM Johnson visits Hindu temple, vows to partner with PM Modi to build new … [Read more...] about Hyderabad rape and murder: Law has done its duty, says police chief VC Sajjanar