Reliance among questionable contributors to Obama’s chief economic advisor

Two Indian companies were among global organisations that paid thousands of dollars as speaking fee or for advice to a top aide of US President Barack Obama, with possible conflicts of interest now with government programmes, says a leading Internet newspaper.

Mukesh Ambani’s Reliance Industries and top IT firm Tata Consultancy Services (TCS) are among the firms that gave the money to Obama’s chief economic advisor Larry Summers, says Huffington Post.
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Sudip Bandyopadhyay, CEO of Reliance Money, on Wall Street Finance Board

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sudip bandyopadhyay ceo reliance moneyWall Street Finance has inducted Sudip Bandyopadhyay, Director and CEO of Reliance Money, S P Talwar, Retired Deputy Governor of the Reserve Bank of India and Rajnikant Patel, Ex-Executive Director and CEO of Bombay Stock Exchange on its board as directors.

Reliance Money Express (RME), an Anil Dhirubhai Ambani Group company, has gained control of Wall Street Finance last week.

Wall Street Finance on also reported over two-fold jump in net profit at Rs 24.67 lakh for the quarter ended September 30. The company had a net profit of Rs 9.73 lakhs in the same period a year ago, the foreign exchange and money remittance services provider said in a statement.
Continue reading Sudip Bandyopadhyay, CEO of Reliance Money, on Wall Street Finance Board

Reliance Money enters into forex remittance business with controlling stake in Wall Street Finance


Reliance Money Express (RME), an Anil Dhirubhai Ambani Group company, has gained control of Wall Street Finance, a Bombay Stock Exchange-listed company in the forex remittance business by becoming its largest shareholder.
Continue reading Reliance Money enters into forex remittance business with controlling stake in Wall Street Finance