Author
The writer is author of the book: The Market Mafia - Chronicle of India’s High-Tech Stock Market Scandal & The Cabal That Went Scot-Free. Palak has been a journalist in Mumbai for nearly two decades now. He has worked for most premier pink papers including The Economic Times, Business Standard and The Financial Express and The Hindu Business Line. He was drawn to crime reporting at the age of 19 but a few years in the field told him that the fabric of crime had changed and the organised gangs, as Mumbai had witnessed during the eighties, no longer existed. It was business and markets that dominated the scenario. His passion to unravel the intricacies of the ‘white money’ economy led Palak to the world of finance and regulations.
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After ten years of persistence in making India a global hub for Arbitration in commercial disputes, the incumbent Government has suddenly changed its policy. It now wants public enterprises and departments to adopt Mediation for dispute resolution involving large contracts. Is it a wrong move? Records show that 99 per cent of Mediation cases land up in courts
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She fled Dubai on January 30, two days before the LOC was issued on February 2024
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The former chairman of SEBI has been asked to submit the list of his assets and liabilities since a Chicago arbitration has imposed liabilities worth several crores on him
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Brokers declared as Financial Establishments By Mumbai MPID Court, their assets can be seized
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Detonation of Atomic Bombs on Hiroshima and Nagasaki is the only parallel in modern history to India's Bhopal Gas Tragedy - rarest of rare cases. Yet, the Supreme Court of India rejected a Curative Petition for higher compensation against Union Carbide, the perpetrator of the cataclysmic gas leak. But the same SC upheld a Curative Petition in a mere commercial dispute and overturned its own two bench order, thereby setting an ugly precedent against India's Arbitration laws. Analysis-Part II
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No warning, however stark, may be enough to withhold the floodgates that have flung open following the SC judgement on the Delhi Rail Metro Corporation's 'Curative Petition.' BW brings you the most intense 'Analysis' of the 'Landmark Case' in the history of Arbitration Awards ever delivered.
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Pallavi was a member of the Audit Committee and a member of the risk management committee
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