Posts

Scandalous and Nefarious

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After seeing so much love and support for my previous blog posts, I Rohit kanodia decided to come up with a new post on my blog. So another day turned up and another scam took place in the heart of the nation (New Delhi), Indian Banks and Non banking financial corporations (NBFC) act as a backbone of the Indian economy and act as lenders of the last resort for all the civilians who are willing to finance the funds to buy a house or any of the necessities. But what if these NBFC's play with the sentiments of the people and do unethical practices to fill their pockets. News dated on 30/01/2020 came from New Delhi where Dewan Housing Finance Corporation Limited diverted Rs. 12,773 crores by creating one lakh 'fictitious' customers. The company diverted Rs. 12,773 crores towards a host of other companies reportedly connected with its promoters. DHFL managed this by accounting these diversions as loans to nearly one lakh fictitious customers. The corrupt practice came t...

Dictates of Conscience

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To all the beautiful people reading this, i hope you all had a wonderful day . I wish you all a very happy republic day. 26 January marks the prestigious date on which constitution of India came into effect. Many philanthropists and social activists like Mahatma Gandhi , Dr. B.R Ambedkar , Annie Besant etc. are the ones who were determined for sustainable and rapid growth of the Indian society and the well being of the civilians of the respective country, but  do you really think now this is followed and practiced by the leaders or the entrepreneurs of today? Answer to this reflects the sad reality of Indian business society. I think  entrepreneurs and start-up generators of now are more towards the profit maximization of their enterprises and fails to fulfill their obligations towards environment. Ethically these enterprises are going wrong by the disguise deeds they were doing and over shadowing these deeds by showing how good they work as a business enterprise.  ...