(S)talking Ajay Piramal: Letter From a Defamer

The blog post is a provocative open letter addressed to Ajay Piramal, chairman of the Piramal Group. Written in a satirical and confrontational tone, it accuses Piramal of alleged unethical business practices, particularly in relation to the acquisition of Dewan Housing Finance Corporation Limited (DHFL), which the author claims has harmed fixed deposit holders and other stakeholders. The letter frames the author as a self-proclaimed “defamator” who is intentionally challenging Piramal, alleging financial misconduct and cronyism tied to political influences. It critiques Piramal’s public image as a philanthropist and follower of spiritual values, suggesting a disconnect between his persona and actions, and vows to persist in exposing these perceived injustices through ongoing “web-based civil disobedience.”

Immunization Against Plutocracy: Rajib Chowdhury’s Selected Artworks

Posted on 22/06/2023 (GMT 11:00 hrs) About Rajib Chowdhury Rajib Chowdhury is a Kolkata, West Bengal born practicing visual artist lives and works in Baroda, Gujarat. He completed his Bachelor’s in Painting from Govt. College of Art & Craft, Kolkata (1991 to 1996) and studied Printmaking at the Faculty of Fine Arts, M.S.University, Baroda (1997Continue reading “Immunization Against Plutocracy: Rajib Chowdhury’s Selected Artworks”

OBMA’s Web-Based Civil Disobedience Movement: An Open Letter to Mr. Ajay Piramal

The article is a direct address to Ajay Piramal, chairman of Piramal Capital and Housing Finance Limited (PCHFL). Written in a formal yet assertive tone, it outlines the authors’ campaign, described as a “web-based non-violent civil disobedience movement” (abbreviated as OBMA), against PCHFL’s acquisition of Dewan Housing Finance Corporation Limited (DHFL). The authors accuse PCHFL of engaging in questionable practices during the DHFL resolution process, which they claim disadvantaged DHFL’s creditors, depositors, and investors while benefiting Piramal’s conglomerate. They frame their online criticism—targeting Piramal and his company—as a legitimate exercise of free speech aimed at exposing crony capitalism and seeking justice for DHFL victims. The letter addresses PCHFL’s legal notices, issued through DSK Legal, as an attempt to suppress dissent rather than refute the allegations. The authors emphasize their resolve to continue the movement despite legal threats, positioning it as a moral stand against corporate overreach and a call for transparency and accountability in the DHFL case.

Who is to be Defamed: Piramal CHFL or the DHFL Victims?

The article examines the ongoing conflict between Piramal Capital and Housing Finance Limited (PCHFL) and critics, including the authors, who oppose the company’s acquisition of Dewan Housing Finance Corporation Limited (DHFL). Written in a serious and analytical tone, it questions the legitimacy of PCHFL’s defamation claims against the authors for their online criticism, which highlights alleged misconduct in the DHFL resolution process. The authors argue that the true victims are the DHFL stakeholders—creditors, depositors, and investors—who suffered financial losses, rather than PCHFL or its chairman, Ajay Piramal, who they accuse of benefiting from an opaque and unfair takeover. The piece positions the authors’ dissent as part of a “web-based civil disobedience movement” against crony capitalism, asserting that PCHFL’s legal notices, issued via DSK Legal, aim to silence accountability rather than address the grievances of those affected. It challenges the narrative of reputational harm to PCHFL, suggesting that the company’s actions, not the critics’, warrant scrutiny, and frames the legal battle as a distraction from the broader injustice faced by DHFL victims.

Stifling the Freedom of Expression: the Fourth and Fifth Pillars of Indian Demo(n)crazy

Posted on 15/06/2023 (GMT 06:00 hrs) With the proliferation of hyper-sexuality, anyone who views pornographic content know the word “VPN”, i.e., Virtual Private Network, along with the “Incognito” Tab on every browser. One can see or access anything by means of these. Even they can use expensive apps or software to view these so-called “banned/blocked”Continue reading “Stifling the Freedom of Expression: the Fourth and Fifth Pillars of Indian Demo(n)crazy”

Ajay Piramal: How Many Times Are You Seeking “Blanket” Stay Orders?

This article critically examines Ajay Piramal, portraying him as a hypocritical “Paramavaiṣṇava” (a non-violent Vaishnava devotee) who acts as an “Eco-Terrorist” by exploiting and damaging natural and financial ecosystems. It highlights his alleged dual personality, contrasting his philanthropic image with violent environmental violations and financial manipulations. Two key instances are discussed: (1) Piramal Enterprises’ pollution of groundwater in Telangana, fined by the National Green Tribunal (NGT), where a partial stay order was misinterpreted as a “blanket” one; and (2) his Supreme Court stay on the NCLAT’s 2022 ruling invalidating his acquisition of DHFL as illegal and irregular. The piece accuses Piramal of repeatedly seeking stay orders to evade accountability, links his actions to cronyism with figures like Mukesh Ambani, and references his wife’s alleged illegal tree chopping. It positions these as part of broader critiques in prior articles, emphasizing the suffering of human and non-human victims while questioning the ethics of wealth concentration in India.

Piramal’s “(Il)legal” Operations Not Found On Wiki

Posted on 13/06/2023 (GMT 10:00 hrs) Updated on 23rd November, 2025 (GMT 06:30 hrs) An account of Mr. Ajay Piramal’s (il)legal possession of the DHFL with reference to his previous (mis-)deeds: https://www.slideshare.net/AkharBandyopadhyay/piramals-illegal-operationspptx-258395496 For a comprehensive overview and analysis of Ajay Piramal’s purported controversies and shortcomings throughout his business career, please refer to the following:

The Lightning Should Have Fallen on Me: the Story of an Insignificant Indian

Posted on 10/06/2023 (GMT 10:30 hrs) ## PLACE: INDIA, A WOUNDED CIVILIZATION ⤡ DATE: xx/xx/2023 AUTHOR: A moribund intellectual of a decadent society ## As I flipped through the worn-out pages of Ghalib’s shayaris, I stumbled upon this particular piece: Alternative Translation of the Shayari: In the cage, telling me the events of the garden,Continue reading “The Lightning Should Have Fallen on Me: the Story of an Insignificant Indian”

An Old Sinner? the deeds of a  paramavaiṣṇava, Ajay Piramal

Posted on 06/06/2023 (GMT 16:45 hrs) DISCLAIMER: The allegations and claims outlined in this article are subject to ongoing judicial review and investigation, with many issues remaining sub judice. Readers should refrain from forming definitive conclusions due to the absence of conclusive evidence. OBMA has always mindfully used cautious and legally accurate language, employing terms suchContinue reading “An Old Sinner? the deeds of a  paramavaiṣṇava, Ajay Piramal”