#academicauthenticity

[debaprasad]

Savage Cannibal Capitalism’s Dr. Jekyll and Mr. Hyde — The Piramal Scenario

Savage Cannibal Capitalism’s Dr. Jekyll and Mr. Hyde — The Piramal Scenario

[once-in-a-blue-moon2021]

Pressing Repeat: A Tragi-Comedy of DHFL Ruin, Viraha, and Satyagraha through Dilemma

Posted on 25th March, 2026 (GMT…) ABSTRACT In this darkly comic, self-reflexive monologue, a financially devastated DHFL victim—robbed of her life savings and hounded by a 100-crore SLAPP suit under an undeclared emergency—chronicles her solitary existence through obsessive loops of Rabindrasangeet. Trapped between paralyzing fear and compulsive repetition, she navigates aesthetic intimate…

Pressing Repeat: A Tragi-Comedy of DHFL Ruin, Viraha, and Satyagraha through Dilemma

[debaprasad]

Retrospective Truths: When Valmiki’s Poetry Becomes Statecraft Valmiki never needed the soil of Ayodhya to birth Rama. Tagore’s Narada reminds us: “Your mind-realm is Rama’s birthplace—truer than Ayodhya itself.” But what happens when the Supreme Court (2019 Ayodhya verdict) or Parliament (IBC Section 32A) borrows that same poetic licence? Suddenly, faith rewrites title suits. A “clean slate” erases corporate sins overnight (hello, DHFL depositors). And constitutional secularism—our scientific temper, separation of powers, and equal citizenship—becomes the palimpsest being scraped clean. Is this the Republic we signed up for? Or are we watching joyous fiction mutate into majoritarian and crony fiat? Read the full reflection here → https://onceinabluemoon2021.in/2026/03/18/retrospective-truths-valmiki-ayodhya-ibc-32a-and-the-stake-of-constitutional-secularism/ Drop your thoughts below. Does the State have the right to play poet with our history, our laws, and our future? Or must we reclaim the poet’s crown to guard the Constitution? #ConstitutionalSecularism #Ayodhya #IBC32A #Ramayana #ScientificTemper #IndianDemocracy

[debaprasad]

From Issuer Pays to Polluter Pays: Unearthing Piramal Pharma’s Credit Ratings

From Issuer Pays to Polluter Pays: Unearthing Piramal Pharma’s Credit Ratings

[once-in-a-blue-moon2021]

From Issuer Pays to Polluter Pays: Unearthing Piramal Pharma's Credit Ratings

Posted on 16th January, 2026 (GMT 01:48 hrs) ABSTRACT Piramal Pharma Limited (PPL), demerged from Piramal Enterprises in 2022, enjoys high investment-grade credit ratings (e.g., CARE AA; Stable upgraded July 2025) under the issuer-pays model, which critics claim manufactures trust to enable cheap borrowing despite severe financial strain—Q2 FY26 revenue down ~9% to ₹2,044 crore, EBITDA crashed…

From Issuer Pays to Polluter Pays: Unearthing Piramal Pharma's Credit Ratings

[debaprasad]

One Rupee, Piramal Finance, and the Ruins of DHFL: A Letter to Mr. Ajay Piramal

Posted on 9th January, 2026 (GMT 03:55 hrs) ABSTRACT This open letter to Ajay Piramal interrogates the moral dissonance between Piramal Finance’s “Neeyat” advertising campaign, which celebrates honesty through the return of a single rupee, and the lived reality of DHFL depositors whose life savings were erased through a deeply contested insolvency process. By juxtaposing corporate…

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[debaprasad]

Piramal Finance and the Rating Ruse: How India’s Credit Rating Agencies Manufacture Trust to Enable Systemic Expropriation

Posted on 6th January, 2026 (GMT 11:12 hrs) Compiled by DHFL Victim⤡ ABSTRACT In India’s deeply captured financial regime under prolonged BJP-NDA rule (2014–2025), credit rating agencies (CRAs)—dominated by the CRISIL-ICRA-CARE triopoly—have degenerated from purported risk sentinels into systemic enablers of crony expropriation, perpetuating a predatory cycle of manufactured trust, retail…

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[debaprasad]

When AA+ Means “Ask Again”: Manufactured Ratings, Piramal Finance, and the Credit Ratings Trap

Posted on 6th January, 2026 (GMT 01:36 hrs) Authored by DHFL Victim⤡ ABSTRACT Despite glowing CRISIL AA+/Stable ratings, Piramal Finance’s strength is an illusion built on conflicted issuer-paid ratings, legacy DHFL fraud asymmetries (₹45,000 Cr recoveries valued at Re 1, massive retail haircuts), governance controversies, political proximity, and a backdoor listing that bypassed scrutiny.…

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