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.
From Sonia Gandhi's indecisive fate in 2024 Parliamentary elections to speculation on ZEEL deal - the grapevine in New Delhi's policy circles and Mumbai markets
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HNG debtors' move to sell the company to ARCs incase the SC rejects their applicant has sparked resentment among the employees of India's oldest glass making company. They blame the COC and RP for the delay to bring a resolution
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Lalit Modi versus Bina Modi matter to be heard by the Supreme Court on 23 January, likely to be a final hearing in the case
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Markets in India were hugely overbought going by the technicals, say analysts. But the fact that Rs 10,000 crore FPI selling could only crash the markets by 2% in India is being hailed as a positive factor
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Grapevine goes that Modi ji wants the rule to be followed so rigorously that a Indian minister was recalled from Delhi airport as he was noticed trying to fly out in jeans and tee
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New announcement at the Vibrant Gujarat summit. Bond index derivatives planned at Gujarat offshore platform. India has long struggled to kickstart its exchange-traded bond markets with the country's central bank RBI keeping a tight leash over regulations
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US protection to Khalistani Terrorist Gurupatwant Singh Pannun exposes the travesty of statecraft of President Joe Biden's administration and lays bare the contours of its carrot and stick diplomacy to keep India's 'K' problem boiling` - Kashmir and Khalistan are two sides of the same coin
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First time the betting market has come alive over three months ahead of national elections. With no narrative to counter the Modi juggernaut, Congress party is expected to be restricted below 60 seats. Ram Mandir biggest factor for BJP's potential historic win, feel good announcements like fuel price cuts will keep the crowds buoyant, say bookies
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Last year, software business of BSE Technologies was sold to subsidiary of Rupeeseed Technologies for just Rs 5 crore. In 2009, Exchange had spent Rs40crore - Rs50 crore to acquire software business of Marketplace Technologies
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When world leaders in business or politics visited India, they reserved time to meet Mukesh Ambani. But rumours are rife that when Elon Musk visits Gujarat this week, he would be meeting Gautam Adani
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