The Ratul puri Diaries
The Ratul puri Diaries
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It alleged that Awasthi and Some others in IFFCO produced proceeds of crime and layered it through numerous unrelated entities and element of this was then transferred to the entities managed by Awasthi and Other folks.
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nearby brands should be supplied incentives and subsidies, better entry to working funds, and viability hole funding to lower dependence on imports.
It further more alleged that Moser Baer chose to jot down-off exposures really worth Rs 1456 crores of its subsidiary providers with no prior approval on the banks. the corporate gave a company warranty of Rs 2051 crores on behalf of its subsidiary corporations without the need of trying to find prior permission through the banks.
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within an distinctive discussion, Ratul Puri shares his expectations from your impending price range, the problems confronted via the solar Electrical power sector, as well as role of rising systems like artificial intelligence in revolutionizing India's electric power sector.
Stating that the ED has disowned Saxena because the approver during the AgustaWestland circumstance, the courtroom said that his statements should be considered with suspicion and brought having a pinch of salt.
New Delhi A Delhi courtroom on Wednesday granted bail to Ratul Puri, the nephew of Congress chief Kamal Nath, in the income laundering case linked to an alleged fertiliser rip-off where ₹685 crore is presupposed to have already been paid out as kickbacks.
The criticism stated that numerous financial loans were given to the organization from 2009 as well as a restructuring program was authorised in 2012 by a consortium which was led by Central lender of India. Apart from several Houses, personalized ensures by Deepak and Nita Puri (mom and dad of Ratul Puri) have been also offered.
obviously, you will find problems, like the significant Vitality use of AI methods, cybersecurity risks, and the necessity for experienced manpower. However, I'm self-assured that with The federal government's support, we will prevail over these worries and harness the entire probable of AI in the power sector.
1 billion is invested in the final 4 several years. beneath his leadership, the clean Electrical power arm has emerged as the most important photo voltaic developer in India. In 2002, Puri was awarded the “Entrepreneur from the yr” award for his endowment toward the producing market in India and has also pioneered commissioning huge-scale solar crops in India.
Pulling up the ED, the court docket claimed that although stating that The cash had undergone a hawala channel, the company experienced didn't report statements of any hawala seller. The prosecution is “by itself unsure concerning the real nature in the transactions in query”, it extra.
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Ratul is part of the numerous Imagine tanks which might be evolving remedies to usher Electrical power sufficiency in India and was Portion of the planet financial Discussion board as on the list of youthful international leaders. get more info
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