R Venkataramanan

Just as the atom and the byte needed careful societal control to prevent damage to society, perhaps, so does the gene, particularly in debates like 'genes vs merit'

CY23 will be a very topsy-turvy year for equity markets, but it will also be excellent for long-term investors looking for sharp market dips to build strong positions: IIFL Securities chairman

Putting money on uncertain events amounts to wagering and the government's new rules bar online real money games that declare winners based on prediction of the unknown outcome, according to Additional Solicitor General N Venkataraman. Amid attempts by certain industry players to masquerade wagering as a game of skills in the wake of the new rules issued under the Information Technology (IT) Act, the government's senior law officer said that some states are making a mistake in trying to distinguish between a game of skill and a game of chance in the context of wagering. He also emphasised that the rules should be tested on the basis of the country's Constitution, statutory provisions and Supreme Court judgements. "The new rules notified by the Centre is very clear. There is no ambiguity. Our courts have held that wagering is illegal, and any business predicated on wagering is res extra commercium that is a thing outside commerce. Such businesses cannot be carried on in India," ...

In a Q&A, R Venkataraman says the markets seem to be hoping against hope that rate hikes will not need to be sharp going ahead so as to trigger a global recession

R VENKATARAMAN, managing director at IIFL Securities, tells Puneet Wadhwa in an interview that small-caps could outperform their large-cap peers due to a risk-on rally

While we await full details and the implementation of the announcements, some of the policy steps to improve funding access to non-banking financial companies (NBFCs) are positive

A Tata group insider said Venkat was instrumental in making some marquee investments in Indian start-ups on behalf of RNT Associates

This is not the first time Venkat has had a brush with controversy. A former Executive Assistant to Tata, Venkat was earlier accused by Mistry on two serious counts

Venkatramanan, who was designated managing trustee, will "relinquish responsibilities" on March 31

He is the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts. These trusts are chaired by 78-year-old Tata.