He had impeccable credentials. And his company, OnMobile, was India's most successful telephone VAS company. Then he did something stupid.
OnMobile is trying to put a partial failure of corporate governance behind it. However, the episode has raised questions on what exactly went wrong. CNBC-TV18' Vineetha Athrey spoke to various people within and outside the company to piece it all together.
Here's a poser: Just how often do you hear of stories about sudden career implosions, especially of high-achievers on top of their game, with an incredible track record of academic and professional success, who commit a momentary ethical lapse to find their careers hurtling down a precipice?
The government will "definitely look into" the allegations of financial irregularity in mobile value-added services company OnMobile, Corporate Affairs Minister Veerappa Moily today said.
Shares of telecom value-added service provider OnMobile saw a smart 8% upmove after a weak start as the management denied media reports of misappropriation of funds.
Post a crucial board meeting today, mobile VAS services provider Onmobile's CEO and co founder Arvind Rao stepped down paving the way for a new CEO. This comes after reports of financial irregularities at the company which first emerged in March of this year, with allegations that Arvind Rao was involved as well.
Arvind Rao, chief executive officer and managing director, Onmobile Global in an interview to CNBC-TV18 spoke abour the recent happenings in the company and the road ahead.
After 20 years of working US based Arvind Rao decided to quit his high paying job and takeover a company incubated by Infosys.
In an interview to CNBC-TV18, Arvind Rao, CEO and managing director of Onmobile Global Limited gave his view on the company's latest happening and shared his perspective of the business going forward.
In an interview with CNBC-TV18, Arvind Rao, CEO and MD of OnMobile Global, spoke about the latest happenings in his company and the road ahead.
OnMobile promoters and two investors are in talks to exit company, reports CNBC-TV18’s Kritika Saxena quoting sources.
Onmobile Global’s project in Latin America is nearing completion and the initial results are on track. In an exclusive interview with CNBC-TVC18’s Latha Venkatesh and Gautam Broker, Arvind Rao, CEO and managing director of Onmobile Global says that the Latin American project is the company’s key growth driver next year.