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Realty bytes When Marina became the Tahrir Square India’s first 3D Museum 377 yet young Coimbatore backs up for Chennai Chennaites lose 7 crore to debit card frauds Chennai Silks in flames When Chennai became Venice It’s so cool! From trash land to tourist spot Paranjoy on crony capitalism An industry institution link… A feast for book worms Two friends trigger a change Indian of the Year TTV stumps all Keep in touch, anytime anywhere Missing, but not missing the top spot I know nothing else but cinema... International conference on saving energy, environment Bewailing monsoons the new fad Pocket Therapist finds mention in Forbes Google street view’s India competitor Know the start-ups in the city Online approval of layout plans Book your water tanker A sweet marketing splash by Pattappas CMRL takes off till airport The sweet tooth of the city Chennai gets its Imax Maruti Suzuki wins NIQR award Chennai Metro looking for revival The sweet killer Million landmark and Rs. 200 crore influx by Yamaha India’s first online-only bicycle brand Prithika Yashini takes charge... Hawker’s paradise gets a permanent place A new technique to treat dry sewage The sunshine and the shadow side of this digital era Nilam threatens the city A praiseworthy peer recognition Building highs and lows He made Ranganathan Street so crowded... Colourful welcome at the Saidapet station City Corner Cricket comes calling to Chennai Metro chugs the green way Boozing and driving A skinny affair Raj Bhavan opened the gates for public Force Motors’ two new SUVs Presto! Bravo! Planning the right energy State VAT leads to inflation: a study Is Chennai now the accident capital? Working space for women by woman Car-free Bessy The worst is yet to come Technology handshakes with sanitation Sathyabhamasat propels ahead SGRI – a global research centre for building materials Chennai to Bengaluru as quick as pizza delivery How to roast 45 human beings alive Medical miracle! Tamil Nadu Premier League launched Aviation sector to grow three times... Green energy, not really green? Star studded city Read before you buy... City Corner Need for an integrated approach to medicine Engineering colleges lose lustre Chennai soon to get an Aerospace Park The curious case of Evgenii Berdnikov Reality Check Hey Chitti! please take my order Outlays and outcome – the long gap Tambaram tracks…. Doing business is not so easy in Chennai Metro mania Apollo targets a third of CV tyre market Metro chugs through the city The auto gets a remake A budget that butted into deficit Self-sufficiency in dredging... The underground don zips through Chennai, the noisiest city Arnold visits Chennai Water wars begin Chennai teachers rank low Black outs will be knocked out The 20-year itch of Hindujas ends It is not only your noodle... Must visit of 2014 Talk your way and land in a job Perplexing communications Meters return to the metro This dabba has a cure for all your ailments When the crowd will miss the roar Indian media-operators of democracy North Chennai booms 60 years of cultural and economic ties Chevrolet Sail U-VA Launched Safe Trac-keeps track on your safety City Corner - Chennai Chennai airport to become solar-powered K7’s Entrepreneurial Odyssey Mexico opens Consulate in Chennai Murugappas-focus on consolidation Frontier Mediville attracts Japanese investments City Corner-June Vanakkam Chennaiyin FC Education a cause of concern Overflowing garbage Water woes Thrills for the holiday season Kollywood’s Mahabharatha Yes, you are safe! Ennore Port excels Yamaha in the news Technologists to rescue
 
Paranjoy on crony capitalism

In a talk on Crony Capitalism at the Institute of Chartered Accountants of India, Paranjoy Guhathakurta spoke with eloquence on how crony capitalism is eating into India’s moral fibre.  “Crony capitalism is an economic system, in which family members and friends of government officials and business leaders have an unfair advantage.” He then proceeded to give a few examples. One, of how 2G spectrum a natural resource was allocated on a faulty version of first come first served. Two, of how when two brothers fight for resources (natural gas) which belong to the public, you had crony capitalism. And three of how in 2013 Vedanta trust was found to be  a foreign entity controlled by a foreign corporation. And if you are a foreign entity, you cannot donate any money to the political party according to a 2014 High Court verdict. And of how Arun Jaitley, amended the foreign company definition in the Foreign Contribution Regulation Act, so that it excluded Vedanta Company from the ambit of the foreign company.

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