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The granite scam was a corruption scandal that occurred in Tamil Nadu, India. [1] It gained notoriety after former civil servant of Madurai Ubagarampillai Sagayam wrote a letter to the chief secretary of the State Industries Department [2] on 19 May 2012, reporting major violations by many granite quarries in the Madurai district, estimating a loss of more than sixteen thousand crore rupees ...
In May 2012, Sagayam investigated reports of illegal granite quarrying in the vicinity of Madurai. These activities had been noted in 2008 by a Right to Information (RTI) activist. Pursuant to his complaint, the Madras High Court had ordered an inquiry in 2009, but nothing came of it until 2010, when Tamil-language daily newspaper Dina Bhoomi ...
Topping the complaint list were cell-phone companies, with 38,420 complaints, up 41% over 2010. After that, the list includes (in order of number of gripes): new-car dealers
The company is both a heavy civil construction contractor and construction aggregate manufacturer, owning or leasing quarries in several Western states for extracting mostly sands, gravel, and crushed stone products. The company was under investigation from the SEC from 2019 to 2021 for misrepresenting revenue, and as a result paid fines to ...
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An interior designer weighs in on which countertop material is best.
RapidRatings generates a Financial Health Rating (FHR), a single number on a 0 - 100 scale that indicates the overall financial health of a given company. [9] The FHR is calculated using fundamental data from a company’s financial statements and does not take into account market inputs, analysts' opinions, trade payments, or contact with issuers, bankers, or advisors.
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