#ramesh menon

[celluloidrainbow]

गुलाबी आइना | THE PINK MIRROR (2003) dir. Sridhar Rangayan Bibbo, a Bollywood fashion designer, and Shabbo, a dancer, have a strenuous and often volatile relationship with each other. Though they are known to quarrel often, they are always able to reconcile soon after an argument and prove to the other that they care about them. They both have an attraction to Samir, an aspiring actor whom Bibbo claims is her driver, despite her not owning a car. The situation is further complicated by Mandy, Shabbo's young Western apprentice, who is also interested in Samir. (link in title)

[indizombie]

Chetan Jayantilal Sandesara and Nitin Jayantilal Sandesara, directors of Sterling Biotech Ltd., are being investigated for bank frauds of Rs. 5,000 crore. Jatin Mehta owes the Central Bank of India Rs. 1,390 crore, Punjab National Bank Rs. 984 crore, and Canara Bank 636 crore. Ultimately, most of this is going to be written off. Even the scamsters know that. They know many never get caught or jailed for similar acts. That is why there is a widespread perception in India that impunity lets such frauds continue. An RTI activist has found that the RBI wrote off outstanding loans of wilful defaulters amounting to Rs. 68,607 crore till September 2019. In 2020, there were around 190 cases of bank frauds registered by the Central Bureau of Investigation, in which the misappropriation of funds was close to Rs. 60,000 crore.

Ramesh Menon, 'Dilip Chhabria made crores designing cars, then why did he design creative ways to defraud banks?', Leaflet

[indizombie]

There is no end to greed. This is a truth we cannot escape as we examine the list of 2,426 wilful defaulters who owe Indian banks over Rs. 1.47 lakh crore. Almost all of these defaulters never ever had any intention of paying back. The top 33 in this list, who owe more than Rs. 500 crore each, alone account for Rs. 32,737 crore in unpaid dues. Vijay Mallya owes Rs. 9,000 crore. He is spending a fortune trying not to get himself extradited to India. Fugitive diamond merchant Nirav Modi, his wife Ami Modi, brother Neeshal Modi and uncle Mehul Choksi are involved in a bank fraud of Rs. 12,636 crore. The family was united in engineering this massive fraud. Fleeing abroad has been a common ploy employed by most scamsters. Mehul Choksi, who now lives on the Antigua and Barbuda islands of the Caribbean, owes Punjab National Bank Rs. 4,644 crore. The RBI has named him, along with the Jhunjhunwala brothers and Vijay Mallya, among the top 50 wilful defaulters who have scammed India’s banks. Choksi is wanted by judicial authorities in India, where he is to be tried for a host of crimes: corruption, cheating, dishonesty, criminal conspiracy, criminal breach of trust, and money-laundering. Non-bailable warrants have been issued against him.

Ramesh Menon, 'Dilip Chhabria made crores designing cars, then why did he design creative ways to defraud banks?', Leaflet

[indizombie]

It is greed and the confidence that the law will never catch up with them that motivated many of the richest Indians to engineer “creative” methods of money laundering, fraud and financial irregularities. Think of Mehul Choksi, Jatin Mehta, Vijay Mallya, Nirav Modi, Neeshal Deepak Modi, Nitin Sandesara and so many others who owe banks huge sums of money—so huge that they will probably never be repaid. We have seen so many such cases over the last few years. Probably, without cheating, many of these magnates could not have built business empires at lightning-speed. They raked in huge wealth that would have taken care of their own needs and of their future generations. They would never have been able to spend even a fraction of the wealth they had amassed in their own lifetime. But they still gave in to greed.

Ramesh Menon, 'Dilip Chhabria made crores designing cars, then why did he design creative ways to defraud banks?', Leaflet

[indizombie]

Sixty-seven-year-old car designer Dilip Chhabria, who sits on an empire of over Rs. 800 crore, could have reigned as a celebrity car designer forever. Each of his redesigned cars, popularly known as DC Avanti, fetched around Rs. 42 lakh. Over the last few years, he had made 463 such modified cars. Why, then, did he resort to cheating and forgery to make more money? Was it his sheer greed for more money? Was it because most scamsters who have cheated Indian banks by fraudulently securing loans have not been punished. According to the Ministry of External Affairs, 31 individuals accused of fraud and economic offences are living abroad. They owe Indian banks and institutions around Rs. 40,000 crore.

Ramesh Menon, 'Dilip Chhabria made crores designing cars, then why did he design creative ways to defraud banks?', Leaflet

[behungryforever]

HyperCity Ups The Hype On International Food Products

HyperCity Ups The Hype On International Food Products

For everyone that enjoys the “occasional” tube of Pringles or enjoy the sinful pleasure of an entire packet of gummy bears, this news is for us! HyperCity Retail has announced its intent to focus on the growth of international food products from 5-7% of its portfolio to 10%. CEO Ramesh Menon stated that their clientele is upwardly mobile customers hence they have been catering to international…

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[i-heart-hinduism]

One of the best book I have read on the modern translation of Ramayana.

So engaging. His narration is so amazing that you just won’t be able to put the book down!

- The Ramayana (Vol 1 & 2) by Ramesh Menon