Although corruption is rampant at the grassroots level, people have signalled that it’s not business as usual any more. Ever since Anna Hazare launched his anti-graft movement earlier this year, reams of newsprint and exabytes of online space have been spent dissecting and analysing corruption in India. Nearly every aspect of corruption in the country has been explored and every socio-political theory related to it has been examined in the Indian context. A question repeatedly … [Read more...]
Insider Trading Shakes Investor Trust in Market
Since the 1980s, the issue of insider trading has rocked the Wall Street every few years, with a top executive of a company or a reputed individual getting caught while trading with what’s called ‘non-public information.’ What usually occurs at the end of these periodic scandals is a loss of public confidence in the financial system and, for the individuals involved, a loss of reputation and occasional jail terms, if found guilty. Now, more than six years after celebrity entrepreneur and … [Read more...]