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1991 reforms: 'A long distance call was like an endurance sport'

BBC News
image captionIndia has more than a billion telephone subscribers
In the summer of 1981, a man who called himself a consultant turned up at a young woman s home in India s western city of Mumbai.
She was starting a small business and he said he could help her secure a new telephone connection for a bribe.
The process usually took up to two decades back then - a government-owned monopoly was the sole source of phone connections. By the mid-1980s, nearly a million people were waiting for a phone.
Before July 1991 - when historic reforms threw open the door to India s economy - such consultants roamed outside offices in the country, offering out-of-turn phone connections, driving licences and passports for a hefty premium. ....

Mukesh Ambani , Rama Bijapurkar , Santosh Desai , Omkar Goswami , United Nations Development Programme , Indian Airlines , United Nations Development , Live Aid , முகேஷ் அம்பானி , சந்தோஷ் தேசாய் , ஒம்கர் கோசுவாமி , ஒன்றுபட்டது நாடுகள் வளர்ச்சி ப்ரோக்ராம் , இந்தியன் விமான நிறுவனங்கள் , ஒன்றுபட்டது நாடுகள் வளர்ச்சி , வாழ உதவி ,

Stocks To Watch: Hero MotoCorp, Quess Corp, IRCTC, Avenue Supermarts

Stocks To Watch: Hero MotoCorp, Quess Corp, IRCTC, Avenue Supermarts
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

Uttar Pradesh , Shyam Srinivasan , Sachin Karwa , Suraj Badale , Stellarslog Technovation , Omkar Goswami , Bajaj Auto , Quess Corp , Canara Bank , Equitas Small Finance Bank , Container Corporation Of India , Adani Ports , Small Finance Bank , Suzuki India , Launched Maruti Suzuki Smart Finance , Portland Cement , Bhavya Cements , Re Appointed Shyam Srinivasan , Appointed Sachin Karwa , Chief Financial , Lucknow New Delhi Tejas Express , உத்தர் பிரதேஷ் , ஷியாம் ஸ்ரீநிவாசன் , ஒம்கர் கோசுவாமி , பஜாஜ் ஆட்டோ , க்வெஸ் கார்ப் ,

Omkar Goswami: How corporate-governance icon Omkar Goswami got sucked into a CBI case on CG Power's fund diversion

Synopsis
Goswami’s redesignation as CG Power’s ‘non-executive’ director due to his brother’s employment in CG Power Systems Belgium seems to have played a role in his troubles. He has denied any role in the financial irregularities, but some corporate-governance experts believe that though Goswami may not be legally at fault, he should own up the moral responsibility.
“There are sick companies, sick banks, ailing financial institutions, and unpaid workers. But there are hardly any sick promoters. There lies the heart of the matter.”The above words appeared on the flyleaf of the report of the Committee on Industrial Sickness and Corporate Restructuring headed by Omkar Goswami, which was submitted in July 1993.A Delhi School of Economics alumnus and a PhD from the Oxford University, Goswami was at the time with ....

Omkar Goswami , Committee On Industrial Sickness , Oxford University , A Delhi School Of Economics , Industrial Sickness , Corporate Restructuring , Delhi School , ஒம்கர் கோசுவாமி , ஆக்ஸ்ஃபர்ட் பல்கலைக்கழகம் , பெருநிறுவன மறுசீரமைப்பு , டெல்ஹி பள்ளி ,

CBI Registers Case Against Gautam Thapar and others in Rs2,435 Crore Bank Fraud Case

CBI Registers Case Against Gautam Thapar and others in Rs2,435 Crore Bank Fraud Case
Moneylife Digital Team
28 June 2021
The Central Bureau of Investigation (CBI) has now registered a fresh case against Gautam Thapar and his company CG Power and Industrial Solutions for an alleged bank fraud of Rs2,435 crore. Last week, the CBI, which is investigating a loan default case against Avantha Group promoter Gautam Thapar and others, conducted raids at multiple locations in Mumbai, Delhi and Gurugram.

The new first information report (FIR) was filed by the State Bank of India (SBI) against CG Power & Industrial Solutions and others, including KN Neelkanth, the then chief executive (CEO) and managing director (MD) of CG Power and Industrial Solutions, Madhav Acharya, the then executive director (ED) and chief finance officer (CFO), B Hariharan, the then director, Omkar Goswami, the then non-executive director, Venkatesh Rammoorthy, the then CFO and unknown public ....

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CBI registers case against industrialist Gautam Thapar, others for defrauding SBI, other banks of Rs 2,345 crore

CBI registers case against industrialist Gautam Thapar, others for defrauding SBI, other banks of Rs 2,345 crore
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

Madhya Pradesh , Madhav Acharya , Gautam Thapar , Rajendra Kumar Mangal , Venkatesh Rammorthy , Tapsi Mahajan , Omkar Goswami , Raghubir Kumar Sharma , Avantha Power Infrastructure , Barclays Bank , Avantha Holdings , Jabhua Power , Avantha Realty Group , Industrial Solution , Indusind Bank , Corporation Bank , Jhabua Power Investment , Central Bureau Of Investigation , Central Bureau , Industrial Solution Limited , State Bank , Yes Bank , Avantha Realty Group Limited , Jhabua Power Investment Limited , Jabhua Power Limited , Avantha Holdings Limited ,