The authors address Ajay Piramal in a seemingly supportive tone, while deploying layered irony to critique his entanglement in political, legal and ethical controversies. They highlight his large electoral-bond donation (₹85 crore) to the Bharatiya Janata Party (BJP) and connect it to his business-state nexus, posing the question of whether such “political charity” is altruistic or effectively bribery. They raise allegations of insider trading (noted by the Securities and Exchange Board of India and the Securities Appellate Tribunal), environmental damage at the Digwal plant in Telangana, consumer mis-promises by his real-estate arm, and, most significantly, his role in the resolution of Dewan Housing Finance Corporation Limited (DHFL) where the authors argue small depositors and NCD holders were sidelined while his group allegedly benefitted. The tone shifts between a personal “sympathetic” appeal (invoking his spiritual associations) and a sharper critique (emphasising legal stays, defamation suits, and the “victims’” discontent). Ultimately the piece situates Piramal as a case-study of how entrepreneurial philanthropy, political proximity and regulatory capture can converge to undermine accountability and social justice.
Singing in the Darkest Times: A Plea For Hope
Posted on 24/03/2024 (GMT 17:51 hrs) In the dark times, Will there also be singing? Yes, there will also be singing. About the dark times. Bertolt Brecht Dear All, I, an absurd man, am indebted to you all for supporting our cause through online non-violent civil disobedience movement against the crony oligarchy, especially those fewContinue reading “Singing in the Darkest Times: A Plea For Hope”
Should the DHFL Victims Boycott the Upcoming Elections?
Authored By Partyless Society ⤡ Posted on 23/03/2024 (GMT 16:48 hrs) “…ratification would mean a system in which there are two positions presented to me, the voter. I go into the polling booth and I push one or another button, depending on which of those positions I want. That’s a very limited form of democracy. AContinue reading “Should the DHFL Victims Boycott the Upcoming Elections?”
Why Did the Wadhawan Brothers Cut A Sorry Figure To Satisfy the BJP’s Itching Palms?
Posted on 21/03/2024 (GMT 17:30 hrs) Updated on 16/09/2025 (GMT 10:05 hrs) Authored By Partyless Society ⤡ Abstract The article investigates why the Wadhawan Brothers—formerly owners of Dewan Housing Finance Limited (DHFL)—have been conspicuously absent from the list of Electoral Bond donors, in spite of previous allegations that they had donated to the BJP throughContinue reading “Why Did the Wadhawan Brothers Cut A Sorry Figure To Satisfy the BJP’s Itching Palms?”
Ajay Piramal’s Contributions to the Electoral Bonds
This article examines Ajay Piramal’s contributions to electoral bonds, highlighting his role as a prominent Indian industrialist and philanthropist in the context of political funding in India. It explores the significance of electoral bonds as a mechanism for transparent political donations and analyzes Piramal’s involvement through his conglomerate, the Piramal Group. The piece delves into the broader implications of corporate contributions to electoral bonds, discussing their impact on democratic processes, governance, and transparency. By focusing on Piramal’s financial engagements, the article underscores the intersection of business, philanthropy, and political influence, raising critical questions about the evolving dynamics of electoral funding in India.
Wither Leather-Feather from Gaming and Musicking?
Posted on 16/03/2024 (GMT 13: 21 hrs) In continuation to our sarcastic, satirical portrayal (by intentionally playing the devil’s advocate through the masking process) of the Hindutvavadin by targeting certain modules of Saffron Fascism, the following letter was sent regarding the use of leather in Sports and Music industries in India in contradistinction to theContinue reading “Wither Leather-Feather from Gaming and Musicking?”
Babri Masjid to Ram Mandir: Modi as PM vs Modi as citizen (?)- An RTI to the PMO, India
The article discusses an RTI (Right to Information) query filed with India’s Prime Minister’s Office (PMO) regarding whether Narendra Modi participated in the Ram Mandir’s Bhumi Pujan and inauguration in his personal or official capacity. The PMO’s response stated that the Prime Minister is always on duty, indicating he attended as the PM, which raises concerns about the violation of India’s secular Constitution. The article critiques Modi’s actions and highlights the broader political implications, calling for resistance to the perceived rise of a Hindu Rashtra.
The “Goodwill” (?) of R. Subramaniakumar, the ex-Administrator of DHFL
The article critiques R. Subramaniakumar’s role in the DHFL resolution process, alleging bias towards Ajay Piramal and adverse effects on small depositors. It accuses Subramaniakumar and the Committee of Creditors (CoC) of mishandling the process, leading to significant financial losses for stakeholders. His subsequent appointment as CEO of RBL Bank reportedly caused a drop in its stock value, reflecting market distrust due to his past actions. The piece questions the integrity and legality of the actions taken during the resolution process of the DHFL.
DHFL Victims in the Laboratory State of IBC: “Litmus Test”?
Posted on 15/03/2024 (GMT 16:10 hrs) Updated on 31st August, 2024 (GMT 16:54 hrs) ABSTRACT The article critiques the DHFL resolution process under India’s Insolvency and Bankruptcy Code (IBC), describing it as a “litmus test” for legitimizing the IBC. The author argues that the process was flawed, with victims being treated as “laboratory test-subjects” inContinue reading “DHFL Victims in the Laboratory State of IBC: “Litmus Test”?”
The Pharmacological Garden of Paramavaiṣṇava Ajay Piramal: A Case Study
The paper engages itself with the question of the predominance of Pharmaceutical industries in over-medicalizing the health of human and non-human populations as well as the supposed “nature”. It focuses on a specific case-study from a village named Digwal, Telangana, India, and performs a Foucauldian investigative discourse analysis on the text in relation to an environmental terrorist big-Pharma headed by business tycoon Mr. Ajay Piramal. The very legitimacy of the medical space and gaze is thoroughly critiqued in the course of the paper by bringing into attention the inevitable failure of the simulated Summersian project of “Let them eat pollution”.
