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