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Podcast: Moneylife News Bites
Episode: Brightcom Group – Set To Become a Case Study of Fraud & Manipulation
Description: The unprecedented second interim order of the market regulator against the Brightcom Group Ltd (Brightcom) on 22nd August had no surprises for discerning investors, analysts or commentators. It is a bit like Byju’s—everybody had seen it coming for over a year. And yet, the sheer audacity of the fraud, collusion, stock price manipulation and disregard for rules that have been unearthed so far makes this a case study on par with the notoriety of Dinesh Dalmia’s DSQ Software group, Ramalinga Raju’s Satyam Computers and other scandals that will be documented for posterity. Listen to this week's episode...