iWorld
Unveiling India’s greatest financial scams – from Vijay Mallya to Abdul Karim Telgi
Mumbai: India’s financial domain has been marred by a series of sensational scandals that have sent shockwaves throughout the nation. Ranging from the colossal Telgi scam, which ran into hundreds of crores, to the infamous Commonwealth Games scandal, these are the tales of India’s most significant financial frauds in recent history.
Vijay Mallya
Vijay Mallya, infamous as the “King of Good Times,” turned out to be a mastermind. His Kingfisher Airlines defaulted on loans worth over Rs 9,000 crore which led to his departure from India, making headlines and even inspiring documentaries like ‘Bad Boy Billionaires: India’s’ by Minnow Films.
Abdul Karim Telgi
The name Abdul Karim Telgi became synonymous with the monumental stamp paper scam in 2003. He orchestrated a sophisticated racket involving counterfeit stamp papers, causing a loss of approximately Rs 30,000 crore making it India’s biggest financial scam to date. The story of his fraudulent empire is set to be revealed in Applause Entertainment’s upcoming series ‘Scam 2003- The Telgi Story’ on SonyLIV.
Nirav Modi
Nirav Modi’s involvement in the Rs 14,000 crore Punjab National Bank (PNB) scam sent shockwaves through the nation. This jewellery tycoon’s alleged involvement in fraudulent transactions sparked an international manhunt. This also features in the docu-series Bad Boy Billionaires by Minnow Films and ‘In the Shadows of the Indian Banking Crisis’ by DW News.
Harshad Mehta
Harshad Mehta’s securities scam of 1992 was one of the earliest to shake India’s financial fabric. Exploiting loopholes in the banking system, he manipulated stock prices, leading to a market crash. Applause Entertainment’s portrayal of this scandal adds a dramatic touch to the intriguing story.
Subrata Roy
Subrata Roy, the founder of Sahara Group, was implicated in a massive financial scandal involving unregulated deposit schemes. Roy collected billions from investors with the promise of high returns, ultimately defrauding many. His story is featured in ‘Bad Boy Billionaires: India’.
e-commerce
ITC Sunfeast, Zepto host mango-themed experiential ‘Paglu Party’
Event blends Alphonso desserts, DIY sessions and interactive formats
MUMBAI: When mango season peaks, some savour it others go full ‘paglu’. ITC Sunfeast Baked Creations, in collaboration with Zepto, turned summer indulgence into an immersive brand experience with its ‘Mango Paglu Party’, a high-energy, mango-themed event designed to blur the line between dessert and discovery. Built around the brand’s ‘Mad Over Mangoes’ universe, the space leaned into a sensory overload bright, playful and unapologetically mango-drenched. From curated installations to social-first corners, every element was designed to be as shareable as it was experiential.
At the centre of the celebration was the fruit itself, elevated into a menu crafted using fresh, carbide-free Alphonso mangoes sourced by Zepto. The spread ranged from a flaky Mango Pista Kouign Aman to Mango Coconut Serradura Pudding and a Mango Mascarpone Cake, balancing indulgence with seasonal freshness.
But this was not a passive tasting affair. Guests were drawn into the experience through interactive formats, including a DIY dessert session led by the brand’s chef, where attendees created classics like Mango Tres Leches. Zepto chief business officer Chandan Mehndiratta also joined the session, adding a touch of brand personality to the proceedings.
A quirky highlight came in the form of the ‘Aam Paglu Prescription’, a playful, doctor-themed concept that positioned mango indulgence as the only “treatment” worth taking, turning a simple insight into a memorable activation.
The event built up to a theatrical finale, with the crowning of the ‘Aam Paglu of the Day’ followed by the cutting of an oversized mango-shaped Mango Mascarpone Cake, closing the experience on a high note.
More than just a seasonal showcase, the Mango Paglu Party reflects a broader shift in brand storytelling, where products are no longer just consumed, but experienced. For ITC Sunfeast Baked Creations and Zepto, mango season was not just about flavour, it was about creating a moment that audiences could step into, engage with and, quite literally, devour.
