Report by Pricewaterhouse Coopers focuses on 'platform fraud', which happens via an online platform, and is the biggest source of fraud suffered by Indian companies.
Silver lining is that there’s decline in fraud due to prevention measures taken up by managements, finds survey. As many as 112 Indian companies were part of global survey.
Nirav Modi's Gitanjali Gems saw its market value rise from Rs 9.9 billion to a Rs 58 billion in seven years. Now its market value stands at just Rs 1.46 billion.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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