A leader in the accounting solutions space, the company’s roots can be traced back to 1986 when Late Shri Shyam Sunder Goenka suggested to his son, Bharat Goenka, to automate accounting operations for the former’s textiles business.
Commenting on the SIAM data Goenka said, "It is hard to predict what will happen in the next two to three months. However, we certainly hope this will not last very long."
Speaking to CNBC-TV18, Sanjiv Goenka, Chairman of the RP-Sanjiv Goenka Group, said the group had already invested money in IT and BPOs, and would soon explore FMCG.
Growth of about 25 -26 percent is accounted for in FY16 because of the different product categories like basic bedding and rugs that will come into foray along with Hygro, an exclusive brand for Welspun in the United States, which is also being considered as an element of revenue booster.
Raj Kundra's actress wife and co-owner of the Rajasthan Royals team, will be questioned. Kundra's aide Umesh Goenka, described as a bookie by the police, during questioning had revealed that Shilpa had asked him to place a bet during one IPL match.
In more shocking revelations into the IPL scandal, Delhi Police Commissioner Neeraj Kumar has said that Rajasthan Royals owner Raj Kundra has admitted to betting in the Indian Premier League.
Among those who are charged include A Raja, Sanjay Chandra, Kanimozhi, Karim Murani, Gautam Doshi, and Siddharth Behuria.
Referring to a document which detailed the areas where company had succeeded in getting spectrum, Rohatgi argued that everywhere the company had obtained seniority due to its applications on March 2, 2007 much before others had applied and there was no question of Swan telecom getting involved into changing of the cut-off dates.