RealReview

In 1987 V. Rama Linga Raju Started Satyam computers with his brother in law. It was one of the fastest growing IT Company in India. The Company was on a good growth track. But the other side rate of properties were increasing so Raju started to buying properties. Maytas Infrastructures which was started by Raju in 1998 and Maytas properties by using these companies’ documents and family members documents and with Raju’s own documents Raju bought a lot of properties. When Raju found that he need more money he stared to manipulate the financial statement of  Satyam Computers for example if company is getting profit of 60 crore he was showing that profit 600 crore, by doing this manipulation he want to show that the company is growing very fast. By the continuous growth and strong financial share price of Satyam was increasing very much. At that increased share price Raju and his brother were selling the shares and were using that money to buy the properties. Raju opened ...

Nestle is the largest food company in the world. The case is about that how Nestle use unethical ways for making its chocolates. In Some countries. Some critics says that chocolate production by Nestle is an ugly affair. In September 2017, Mighty Earth (environmental group) found by and investigation that industry practices in Ghana & Ivory Coast has heavily contributed to countries deforestation. According to Mighty Earth, large cocoa traders buy bean which have grown illegally in protected regions. Then they sell beans to large chocolate producers like Nestle. And this is the reason that rain forest is at less than 4% of landmass in Ghana & Ivory Coast. This has created extreme problems for wildlife. Population of the elephant has been reduced to less than 400. Chimpanzee have also suffered losses. According to Mighty Earth, 90% of the land in national parks has been converted for cocoa production. Mighty Earth’s case study concluded that if the demand for unethically...

SIRECL and SHECL are companies of Sahara India Pariwar. At 30 September 2009 when SEBI (security exchange board of India) checked documents of these companies SEBI find some mistake in fund raising process of SIRECL & SHECL. And then some time after SEBI got complain against these two company. After getting complains SEBI stared to check the documents in proper manner and then SEBI find out that SIRECL & SHECL had issued its OFCD (a type of debentures in which the OFCD holders have option to change their debentures into equity)   to 2-2.5 crore people worth 20000 crore without permission of SEBI. Legally a company must complete its fund raising process within 6 weeks with permission of SEBI but these companies were raising fund by OFCD from last two years. SEBI banned these illegal activities of fund raising and ordered companies to return amount to investor with 15% interest. Sahara file case against SEBI first at Allahabad high court and then to Supreme Court and c...