Before Employee Expenses overtake revenues !
Source: Exchange Filings of MTNL
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Category: Observations
National Peroxide reported a profit of around 48 Crores last year.
Now it turns out,one of their employees embezzled 36 Crores !
Source: Nov 08, 2017 Exchange Filings of National Peroxide
Considering that National Peroxide is such a small company, one wonders about the quality of internal audits at other Wadia Companies like Bombay Dyeing,Brittania, Go Air etc !
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CNBC turning into a Cartoon Channel
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Ambanis: All in the Family
This news article about RCom shutting down it’s 2G wireless business has led me to observe that the Ambanis are a remarkable family.
Brahma: The Creator
Vishnu: The Preserver
Shiva:The Destroyer
