SUNIL BHATIA
SP Jain Institute launches Wise Innovation Studio for Emerging Technologies
SPJIMR's WISE Tech fosters societal advancement through wise innovation with initiatives like accelerators, Entrepreneurship Fellowship, and Wise Innovation Conclave. Manoj Mohan leads the executive team, supported by R. Ramanan and Haresh Chawla from True North.
Electoral bond data released: Here's a complete list of donors who contributed Rs 10 crore or more
The Election Commission has released detailed data on electoral bonds, sourced from the State Bank of India (SBI), following a Supreme Court deadline. The information reveals major buyers, including industrialists like Lakshmi Mittal, Sunil Mittal's companies, Vedanta, ITC, and Mahindra and Mahindra. Future Gaming and Hotel Services, under ED scrutiny, bought bonds worth over Rs 1,350 crore. Vedanta Ltd, Sunil Mittal's companies, and others also made significant purchases. The BJP, Congress, and several other parties received donations through these bonds, aiming to enhance transparency in political funding.
SAT refuses to grant relief to Eros against Sebi order
The Securities Appellate Tribunal (SAT) has denied immediate relief to Eros International Media, its executive vice chairman, and CEO from SEBI's interim order restraining them from trading securities. SAT directed them to file a reply or objection along with a stay vacation application against SEBI's order within three weeks.
Lok Sabha Privileges Panel summons IndiGo MD, aviation stakeholders over alleged non-accordance of protocol
The Privilege Committee of the Lok Sabha has summoned IndiGo's Managing Director (MD) Rahul Bhatia and some other aviation stakeholders on August 30 in the matter related to complaints of alleged protocol violation from Some Lok Sabha members alleged they were not extended due courtesy and facilities at airports.
SPJIMR receives Rs 10 Crore commitment from alumnus Sunil Bhatia to fuel innovation and startup initiatives
Sunil Bhatia, an alumnus of the 1989 batch, has pledged Rs 10 crore ($1.4m) to the S.P. Jain Institute of Management and Research's Sunil Bhatia Start-up Hub. The facility will fund networking events, boot camps, workshops, contests and micro-grants to support entrepreneurship among first-time entrepreneurs at every stage from pre-incubation to acceleration. SPJIMR’s equity-free FinTech accelerator FinNovate and its mentor network will also support the initiative's graduates.
Sebi bans Eros International, its promoter and CEO from securities markets
Sebi's investigation found that Eros' books were overstated and didn't present a true picture of its financial health. It observed that Eros transferred funds in the name of content advances and subsequently recognised them as revenue by routing them through trade receivable entities.
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Sebi bars Eros Intl from market, MD Lulla restrained from holding managerial post
Regulator has barred its promoters, and CEO from the securities market on alleged breach of trade practice regulations. The order follows an examination of the company's financial statements, which indicated alleged misrepresentation of numbers and/or siphoning of funds.
Teesta Setalvad only small branch, headquarter of communal hatred is Congress: BJP's Gaurav Bhatia
"A landmark judgment was delivered by the Supreme Court on June 24, 2022, dismissing the petition submitted by Zakia Jafri. After this decision, some comments were made, which revealed the real character of some people sitting on the contract to protect human rights. For the last two decades, a political conspiracy and effort were being run against the world's most respected leader," Bhatia said.
IPL spot-fixing: Bookie sent to fresh police custody for 5 days
During the proceedings, Ashwani refuted the allegations of special cell that he had links with the underworld people.
Delhi riots: Court dismisses interim bail plea of Shahrukh Pathan who pointed gun at head constable
"The accused is alleged to have participated in the riots and has been duly identified... Thus, the gravity in the present case is sufficient to deny any benefit of interim bail to the accused," the court said in its order passed on November 9.
On India Inc's social calendar: Bezos bonds with Mumbai A-listers; Rajan Mittal's B'day bash; Shikha Sharma turns gracious hostess for daughter's wedding
As Bezos came calling, he got the red-carpet treatment. Here's what's keeping India Inc busy...
ChrysCapital-backed Infogain acquires Silicus Technologies
Infogain works to help accelerate the delivery of digital customer engagement systems through the cloud, microservices, robotic process automation and artificial intelligence.
China’s Fosun emerges as the fourth contender for cash-strapped Fortis healthcare
China's Fosun has assets of $75 billion and an existing investment in India’s Gland Pharma, which it purchased from US buyout giant KKR.
Be a learning machine to survive in the AI, ML era: Sunil Bhatia, CEO, Infogain
We have 4000 people and very large percentage of engineers are in our four centers in India. The largest is in Noida and our second largest office is in Bangalore, said Sunil Bhatia.
Interglobe Aviation's Rahul Bhatia joins ‘Make in India’ brand team in new startup
Currently, the team is working on an urban regeneration project in Jodhpur by renovating old step wells and havelis to boost tourism.
IT companies require scale, should build differentiated asset: Sunil Bhatia, Blue Star Infotech
"Infogain is about a $100 million in assets with 2000-2300 people in that company."
Infogain Corp acquires Blue Star Infotech's IT business for Rs 181 crore
The deal highlights the growing sense that small IT companies will likely have to merge with other firms as they look to grow in a tough market.
Rohit Bal and Gayatri Ruia celebrate opening of Palladium in Chennai
Fashion and glamour came together as Gayatri Ruia and designer Rohit Bal celebrated the opening of the new luxury centre, Palladium in Chennai.
'What I learnt from my mistake'
There is a lesson in every mistake one makes. So what do industry leaders and entrepreneurs do when they make erroneous judgments?
Replica of Mumbai's CST star attraction at Dubai fest
The terminus is an extravagant architectural feat that has been a mainstay of the Mumbai railway system for many year.
Blue Star Infotech’s earnings likely to rise three-fold in FY14
Blue Star expects its full year earnings to rise nearly 3 times due to robust demand from US clients and the strong performance of its main business divisions.
Blue Star Infotech's growth spree likely to continue
The management expects the good show to continue in the FY15 backed by a rejig in its business focus and a strong order flow.
IPL spot-fixing: MCOCA made out against some accused, says Court
A Delhi court today said some of the arrested accused persons were having "nexus" with the organised crime syndicate.
IPL spot fixing scandal: Chandila, two others get bail
Suspended player Ajit Chandila and two others, arrested for their alleged involvement in the IPL spot-fixing scandal, were granted bail.
Blue Star to make strategic investment in Activecubes
Blue Star Infotech said it has entered into agreements with Activecubes Solutions India for a strategic alliance and investment in the firm's equity.
IPL spot-fixing scam: Court pulls up police for 'misleading' it
The Delhi Police was today pulled up for "misleading" and "hiding information" from a court here in the IPL spot-fixing scandal case.
IPL spot fixing: Ajit Chandila paid Rs.12L for spot-fixing in IPL-5, says Delhi Police
Ajit Chandila was allegedly paid Rs 12 lakh by a bookie for spot-fixing in the last year's IPL but the attempt to manipulate matches failed as the cricketer could not play many matches.
IPL spot fixing: Sunil Bhatia also fixed matches of rebel ICL,says police
A "smooth talker", bookie Sunil Bhatia, arrested in the IPL spot-fixing scandal, ran a temple in Nagpur eyeing the offerings made by believers and induced a cricketer who was just earning Rs 2,000-3,000 after being banned by BCCI into manipulations.
IPL spot fixing: Sreesanth's model links takes probe to the doorsteps of bollywood
The investigations by the Mumbai Police have also revealed new information about how the bookies cast their net wide in the past two IPL seasons.
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