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Nov 25, 2011 Indian IT cos among world's lowest-paying employers: Study
Nov 24, 2011 Corruption and India's 1 percent - Freeland: ""Corruption is endemic,""
Nov 24, 2011 AI faces whopping debt of Rs 43,777 crore: "The total debt of cash-strapped Air India, consisting of aircraft and working capital loans, is Rs 43,777 crore and the government has infused Rs 3,200 crore equity to help the airline,"
Nov 24, 2011 Jharkhand: Rs 70 cr seized from coal contractor: "The Income Tax officials have called it the largest ever cash haul in a single operation."
Nov 24, 2011 Rajasthan: Marketing firm hit by Rs 300 cr scam: "Two directors of the marketing company, Gold Sukh, have been arrested in Rajasthan."
Nov 24, 2011 Doon Exp fire: A journey ends in tragedy for many: "Seven people were killed when a fire broke out on the Howrah-Dehradun Doon Express early Tuesday morning."
Nov 24, 2011 2G: Five accused get bail, others optimistic
Nov 24, 2011 100 गुना मुनाफे के नाम पर तीन अरब की ठगी
Nov 24, 2011 Bangalore bureaucracy drives IT companies to Bengal
Nov 24, 2011 Has the Railways safety been compromised?: "Seven people have died in the Howrah-Dehradun Express train fire which broke out late on Monday night.", "It is 14th this year."
Nov 24, 2011 Mothers wailing, children die, Two families, same tragedy: "No words can be as searing as children screaming “mummy, mummy”, engulfed by fire and smoke. No shock can be as numbing as a mother’s realisation that her child, no more than four years old, was not with her when she was swept out by a stampede."
Nov 24, 2011 2G scam: Bail for 5 corporate executives: "The SC has granted bail on two sureties of Rs 5 lakh each. This is first set of bail in the 2G spectrum allocation scam"
Nov 24, 2011 2G accused managers can influence witnesses: Swamy: "The Janata Party President says since the corporate executives are rich people, they can influence witnesses."
Nov 24, 2011 Howrah-Doon Express fire: death toll up to 7: "some eyewitnesses said that the fire was the result of a short circuit."
Nov 24, 2011 Swamy says Chidambaram, Raja discussed 2G pricing: "Janata Party President Subramanian Swamy today released a set of documents to prove that Union Home Minister P Chidambaram discussed with former Telecom Minister A Raja in may-June 2008 the issue of pricing of the 2G Spectrum at 2001 rates."
Nov 24, 2011 Corruption alleged in Air India-Singapore firm deal: "Employees of a transport services firm employed at Thiruvananthapuram airport have approached the Central Vigilance Commissioner alleging corruption in the manner in which Air India was trying to hand over ground handling and cargo handling to the Singapore Airport Terminal Services Ltd (SATS)."
Nov 24, 2011 MPs owe more than Rs 7 crore to MTNL: "Six sitting MPs owe Rs 19,78,027, while 399 former MPs owe over Rs 7.10 crore to state-owned MTNL."
Nov 24, 2011 Is the India growth story over?
Nov 24, 2011 India’s Business Most Foul: "must watch out the two high profile cases relating to Maran brothers; Kalanithi Maran and Dayanidhi Maran, sons for late Murosoli Maran, leader of the DMK party and nephew of DMK patriarch M. Karunanidhi."
Nov 23, 2011 CBI probing Srinagar land scam, says Antony: "The ministry’s internal probe pointed to collusion among officials of the defence estates department and state government and land sharks who got together to sell more than 200 acres of land"
Nov 23, 2011 HC notice to govt on Dharam letoff: "recommendation in 2009 of then Governor Rameshwar Thakur that no action needed to be taken against former Chief Minister N Dharam Singh who was indicted by then Lokayukta for unlawful mining."
Nov 23, 2011 Mothers wailing, children die Two families, same tragedy: "No words can be as searing as children screaming “mummy, mummy”, engulfed by fire and smoke. No shock can be as numbing as a mother’s realisation that her child, no more than four years old, was not with her when she was swept out by a stampede."
Nov 23, 2011 Unlawful mining gave the firms super profits, says report by an NGO, Goa ore cos’ profit twice state budget: "While the Goa government earned a paltry Rs. 900 crore from mining royalty, mining companies raked in over Rs. 22,612 crore pulling in profits of nearly Rs. 11,000 crore – almost twice the state’s budget of Rs. 6,000 crore."
Nov 23, 2011 Petrol prices spell windfall for govt: "Indirect taxes on petroleum fetched the exchequer Rs 1 lakh crore in 2010-11"
Nov 21, 2011 The Telegraph: Indian officials raid Vodafone in corruption probe: "Indian officials have raided Vodafone’s offices in Delhi and Mumbai as part of a multibillion-pound corruption investigation in one of the telecoms giant’s most important markets."
Nov 21, 2011 Chidambaram targeted: NDA to boycott minister in Parliament: "announced it would boycott home minister P Chidambaram in Parliament for his alleged role in allocation of telecom licences."
Nov 21, 2011 Lessons from the Satyam crisis
Nov 21, 2011 Reliance lobbyist gives fake address in Lutyens Delhi: "TG Nandakumar, a corporate lobbyist with alleged links to some members of the judiciary.", "“there have been allegations that Nandakumar, who claimed he was a paid consultant of Reliance, had facilitated the (data centre) deal, which allowed the private company access to several vital data."
Nov 21, 2011 Govt plans Rs 30,000 crore bailout for Air India: "government will nurse a sick airline only to sell its stake to private players once it is healthy."
Nov 20, 2011 Jagan supporters switching loyalties?: "Amid indications that they want to distance themselves from YSR Congress chief Jaganmohan Reddy in the wake of the ongoing CBI probe against him, more supporters of the Kadapa MP are set to leave him"
Nov 20, 2011 BBC: World Economic Forum: Can India Beat Corruption?: "Will Anna Hazare's new movement be successful, or is India destined to operate with a culture of corruption?"
Nov 20, 2011 Graft costing India 1.5% of GDP growth each year
Nov 20, 2011 Former Telecom Minister Sukhram slapped, kicked by man in court premises: "Former Telecom Minister Sukhram was today slapped and kicked by a man inside the premises of a Delhi court just moments after he was sentenced to five years rigorous imprisonment in connection with a corruption case dating back to 1996."
Nov 20, 2011 Now, foreign investors warn against 'policy paralysis': "leading foreign investors, rating agencies and research firms have raised the red flag over the notion about 'policy paralysis'"
Nov 19, 2011 CBI should probe Chidambaram's role in 2G: BJP
Nov 19, 2011 Ex-min Sukhram gets 5 yrs in jail, assaulted: "The court also imposed a fine of Rs 4 lakh on former minister Sukhram in the 1996 telecom scam case."
Nov 19, 2011 Spectrum dirt at BJP doorstep, raids on Airtel, Vodafone: "the CBI filing a FIR for alleged loss of Rs 508 crores in spectrum allocation in 2002 when it was in power and BJP's Pramod Mahajan was the telecom minister."
Nov 19, 2011 Sukhram assaulted by youth, shivered while being sentenced: "former Telecom Minister Sukhram was today assaulted by a Sikh youth who was angry that despite committing 'such a crime' he has been jailed only for five years."
Nov 19, 2011 BJP caught in 2G net, CBI probes NDA tenure: "Sources say that the CBI believes Pramod Mahajan allegedly caused a Rs 565 crore loss over 6 years."
Nov 19, 2011 Sukhram gets five years in jail, assualted outside court: "the CBI called him a "habitual offender" and sought maximum punishment for him.", "his tenure as telecom minister in P V Narasimha Rao's cabinet in giving a contract worth Rs 30 crore to a private company, Haryana Telecom Limited (HTL), to supply 3.5 Lakh Conductor Kilometers (LCKM) of Polythene Insulated Jelly Filled (PIJF) cables to the telecom department."
Nov 18, 2011 RTI activist alleges foul play in selection of Indian Rupee symbol: "the 3,331 designs were analyzed in only three meetings of the committee. According to him, the jury took approximately 18 seconds to decide on a design in an analysis period of three days.", "Interestingly, the winner D Udaya Kumar is the son of former DMK MLA, N Dharmalingam.", "Singh adds that according to the rules, a participant could send only two entries whereas Udaya Kumar sent four. He alleges that a few members of the jury were absent at the time of selection of the design"
Nov 18, 2011 For India, Swift Growth and Rapid Rot: "“India has been overwhelmed by corruption scams,”"
Nov 18, 2011 Corruption and India’s 1 percent: "“It saddened me a lot to see that even Bangladesh has a better social index, in terms of what it was in 1990 to what it is today, compared to India,” Kalyani said. “All this glitz and glamour and everything that we see about business, the high-rises in Mumbai and businesses moving ahead and the stock market and everything, don’t seem to travel too far beyond the urban setting of India.”"
Nov 18, 2011 Now ads will have to deliver what they promise: "“In view of large number of consumer complaints, the Government is considering setting up an inter-ministerial committee to look at ways and means to check false and misleading advertisements effectively.”"
Nov 18, 2011 अवैध खनन:आईएएस अधिकारी से फिर पूछताछ: "वो कच्चे लोहे के अवैध खनन के उस मामले में अभियुक्त हैं जिस में कर्नाटक के पूर्व मंत्री गाली जनार्धन रेड्डी को गिरफ़्तार किया जा चुका है."
Nov 18, 2011 Jharkhand: Coal mafia behind nun's death?: "Sister Valsa was murdered in Pakur district of Jharkhand by a group of 40 unidentified men."
Nov 18, 2011 Examine JSW, Adani mining illegalities: SC: "examine the alleged illegalities committed by other major companies involved in mining activities in Bellary district of Karnataka and neighbouring Andhra Pradesh"
Nov 18, 2011 Capital Shame: "slipped while trying to board a moving train at the Nizamuddin railway station and was trapped in the gap between the platform and the coach for well over an hour, bled to death after a shoddy rescue operation"
Nov 18, 2011 Activist nun killed in Jharkhand: "Valsa John, who spearheaded an anti-displacement movement against a private company at Pachwara village in Pakur district, was hacked to death by unidentified assailants in Pakur. "She was beaten with sticks and then axed to death"
Nov 18, 2011 Indian railways' shocking callousness: "Railway minister Dinesh Trivedi on Thursday (November 17) responded to the horrific accident that took place at the Nizamuddin station in New Delhi. He said the incident is 'sad' but added that the people themselves are responsible for breaking rules."
Nov 18, 2011 OBC mining case: Court rejects bail pleas of Reddys: "The bail pleas of mining baron and former Karnataka minister Gali Janardhana Reddy and his brother-in-law B V Srinivas Reddy were today rejected by a local court; the third time since their arrest in the alleged illegal mining case, involving the Obulapuram Mining Company (OMC)."
Nov 17, 2011 'No Better Way Of Shutting Down Indian Media': "If a former judge is entitled to R100 crore for his photograph being flashed erroneously on account of being mistaken with another phonetically similar name, will this precedent be applied by Indian courts to other ordinary mortals who complain of loss of reputation on account of far more serious allegations? I am not aware of a single case where even 1% of this amount has been awarded to an ordinary citizen or a public person for loss of reputation."
Nov 16, 2011 CVC penalises over 200 officials for corruption: "Out of the total of 201 government employees, the highest number of 46 were from Central Board of Excise and Customs, 29 from Syndicate Bank, 20 from State Bank of India and 13 each from Delhi Development Authority and Ministry of Railways among others, a CVC report said. Besides them, 11 officials each from Bharat Sanchar Nigam Limited, Allahabad Bank and Punjab National Bank, five each from United India Insurance Company Limited and Ministry of Urban Development have also been penalised."
Nov 16, 2011 Wall Street Journal: Mining Probe Threatens Top Indian Party: "Goa state accounts for nearly half of India's 100 million tons of exports of iron ore last year, most of which went to China.", "a culture of "bribing" of state and federal government officials."
Nov 16, 2011 Reuters: In graft-plagued India, a "crisis of political credibility": "(Reuters) - "The tragedy of India is its political system.""
Nov 16, 2011 Key risks to watch out in India: "RATINGS (Unchanged since October unless stated): S&P: BBB- MOODY'S: Baa3 FITCH: BBB-"
Nov 16, 2011 BBC: India's controversial iron mining boom : "An army of machines claw at the sides, digging out iron ore to feed Goa's mining boom. It is not for India though - despite its huge need for steel - but for export, with most of it going to China."
Nov 16, 2011 Corruption, scams have hurt investments into India: Zia Mody
Nov 16, 2011 Corporate Scams: Getting Away Easily: "Investigation into financial scandals never leads to logical punitive action"
Nov 16, 2011 What ails infrastructure in India?: "India gets about 100 hours of rainfall out of the 8,760 hours in a year, yet faces water shortage as the country"
Nov 16, 2011 CBI probes Rs 780-cr iron-ore transportation scam: "CBI is investigating a scam worth at least Rs 780 crore by a mining firm which allegedly defrauded the Railways in transportation of iron-ore meant for commercial activities by making false declaration about its end use."
Nov 16, 2011 Kerala nun murdered by mining mafia in Jharkhand: "The tribals have been displaced from their homelands and subject to inhuman exploitation by the coal mafia and Sister Valsa had taken it upon herself to resist the mafia."
Nov 15, 2011 2G loss was pegged at Rs 4 lakh crore, I toned it down: CAG Vinod Rai: "Vinod Rai emphasized that he had actually toned down an initial estimate that valued the loss to the exchequer at more than Rs 4 lakh crore."
Nov 13, 2011 End govt's discretionary powers to curb corruption: Godrej: "malaise can be removed only by dismantling government's discretionary powers."
Nov 13, 2011 Airllines fudge 'on-time' record
Nov 13, 2011 India Inc hits out, calls for better governance: "Democracy doesn't have to be an excuse for slower decision making, said Mukesh Ambani."
Nov 13, 2011 OMC mining case: CBI arrests ex-MD of AP mining body: "CBI today arrested V D Rajagopal, the former vice-chairman and MD of Andhra Pradesh Mineral Development Corporation.", "With the arrest of Rajagopal, the focus now shifts to senior IAS officer Y Srilakshmi, who too has been named as an accused in the OMC case."
Nov 12, 2011 Corruption trial begins in chaos: "Telecom scandal; Ex-Indian minister among 14 accused"
Nov 12, 2011 Inside Story - India corruption exposed: "How big a problem is corruption in the world's largest democracy?"
Nov 12, 2011 BBC: India's $40bn telecoms corruption scandal: "Former telecoms minister A Raja and MP Kanimozhi are among 14 people from telecoms firms or government who have been charged."
Nov 12, 2011 K'taka: Transfer of top Lokayukta cop sparks row: "A Karnataka Lokayukta police officer who investigated former chief minister B S Yeddyurappa is shifted out."
Nov 12, 2011 Trouble for Jaganmohan Reddy: "More trouble for YSR Congress Chief and Kadapa MP Jaganmohan Reddy. Reports have now claimed that Jagan's media empire has been overvalued. This just a week after the CBI questioned Jagan in the illegal mining case."
Nov 12, 2011 Is auditing scam in Jagan Reddy’s firm the next Satyam?: "Value of Jagathi Publications was allegedly overstated by Rs 1,000 crore at Rs 3,500 crore. Could it be the next Satyam scam?"
Nov 12, 2011 ED, CBI tightens noose around Jagan: "Political observers keep a close watch on if the developments will bring down the number of Jagan loyalists."
Nov 11, 2011 Hyderabad: Auditing scam in Jagan Reddy's firm: "Auditors at Deloitte admit to fudging accounts of Kadapa MP Jagan Reddy-owned firm Jagathi Publications."
Nov 11, 2011 Scams and subsequent witch hunts have hit decision-making: Kaushik Basu: ""The biggest concern is over governance issues. There is complete absence of decision-making among the leaders in the government,""
Nov 11, 2011 The globe and mail: India’s largest corruption trial begins: "On trial are senior government figures including former telecom minister Andimuthu Raja and member of parliament Kanimozhi Karunanidh, who stand accused of rigging the auction of India’s 2G mobile network spectrum, pocketing millions of dollars in kickbacks and depriving the country of a fortune in lost revenue. Some estimates have put the total as high as $35-billion (U.S.)."
Nov 11, 2011 Govt bailout for Kingfisher airlines?: "Kingfisher Airlines has sought government help for a bailout even as it continued its flight curtailment spree for the fifth consecutive day today and its stocks plummeted by over 19 per cent to an all-time low but recovered slightly later.", "Govt to arrange for loans"
Nov 11, 2011 2G trial: RCap’s Subramaniam retracts first statement to CBI: "Latest Assistant vice president of Reliance capital Anand Subramaniam has backed down from a statement previously given to the CBI, in which he had said that he had issued a letter opening an account for Swan Telecom on the instructions of Company Secretary for Swan"
Nov 11, 2011 Reliance officials feel the heat on day 1 of 2G trial: "Two Reliance officials, Anand Subramaniam and AN Sethuraman, were cross examined on day one of the trial."
Nov 10, 2011 Gali kept goons to keep cops at bay: "Former Karnataka minister Gali Janardhan Reddy had a band of hired armed goons from Bihar to guard the leased area in Andhra Pradesh. Gali’s men reported to have threatened any official who dared to enter his mining empire of dire consequences.", "The AP government entered into an pact with Gali’s firm in May 2007 for building a steel plant and allocated 14,015 acres of land for the plant, 68 hectares of land for mining iron ore and 2TMCs of water from Gandikota reservoir. "
Nov 10, 2011 Deloitte does a Satyam with Jagan's media empire: "As a result many investors who were granted land under the special economic zone (SEZ) in the state were made to buy shares of a company with a market value of Rs 30 only at an exorbitant price of Rs 350 per scrip. Sai Reddy may be arrested soon. The Enforcement Directorate (ED) on Thursday issued summons in connection with the money laundering case to Jagan."
Nov 10, 2011 Private sector-state nexus is cramping India’s growth story: "The nexus between the state and private sector is quite apparent now. The state government has come a long way from the license Raj of the 1970s and 1980s. But the state still has the veto power in setting up most of the industries. The report says, “private sector has had to define an unwritten contract with the State.”"
Nov 10, 2011 ED issues summons to Jaganmohan Reddy: "Widening its probe into the finances of YSR Congress chief Y S Jaganmohan Reddy, the Enforcement Directorate has issued summons in connection with the money laundering case against the MP."
Nov 10, 2011 CBI grills industrialist Radhakrishnan: "The Central Bureau of Investigation (CBI) on Thursday interrogated industrialist V M Radhakrishnan alias Chakku Radhakrishnan in connection with a case in which the CBI arrested Indian Tourism Development Corporation (ITDC) officials for according star ratings to certain hotels after accepting bribes."
Nov 9, 2011 Lavasa order not politically influenced: Chavan: "let there be rule of law"
Nov 9, 2011 Hard disk reveals Gali offered money to party bosses Reddy PA’s laptop opens can of mining, political worms: "The CBI has finally succeeded in unravelling the illegal iron ore mining racket operated on the Andhra Pradesh- Karnataka border for almost a decade by former minister in the B S Yeddyurappa cabinet Gali Janardhan Reddy’s gang."
Nov 9, 2011 Whistleblower points to mining scam in MP: "The report presented to principal chief conservator of forest Ramesh K Dave also named two ministers in the Shivraj Singh Chouhan cabinet — PWD minister Nagendra Singh Nagod and minister of state for mineral resources Rajendra Shukla –in connection with the illegal goings on."
Nov 9, 2011 Corruption: Gag Order: "the vigilance department has been “receiving complaints alleging inter alia that some officers are in touch with other departmental officers to get certain cases settled.” And that “some officers are in contact with consultants and advocates who frequently visit SEBI.”"
Nov 9, 2011 Maruti strike leader takes Rs 40 lakh, leaves job: "30 union leaders left the company with the strike leader as Maruti broke months of strike at the Manesar plant."
Nov 9, 2011 Is Pentamedia an isolated case?: "Pentamedia was not just a corporate scam like Satyam, but also a money laundering operation."
Nov 9, 2011 Pilots, AI Aircraft grounded: "A possible collision between a Jet Airways flight for Chennai and an Air India Express aircraft headed for Abu Dhabi was on Monday (November 7) averted in Tiruchirappalli when ATC personnel scrambled quickly and alerted the pilots."
Nov 9, 2011 PM-CAG turf battle: "It is a turf war most unusual. On one side the Comptroller and Auditor General Vinod Rai and on the other the Prime Minister Manmohan Singh himself. A letter was sent just after the PM criticised the CAG for the leak of a crucial audit report in his meeting with newspaper editors."
Nov 9, 2011 Madhu Koda aide arrested in Dubai: "Sanjay Chaudhary, a close aide of jailed former Jharkhand Chief Minister Madhu Koda, was arrested in Dubai Wednesday on an Interpol red corner notice"
Nov 9, 2011 Telcos earn Rs 46,891 cr in Q1, Airtel leads pack: "Bharti Airtel has cornered around 22 percent of the total revenue of Rs 46,891.61 crore earned by telecom service providers during the first quarter of 2011-12, "
Nov 9, 2011 CBI set to book officials of mahajan era: "The CBI is set to book former and serving officials of the Department of Telec-ommunications (DoT) in connection with its probe into alleged irregularities in awarding spectrum licences when the late Pramod Mahajan was communications minister."
Nov 9, 2011 Competition Appellate Tribunal stays Rs 630 cr penalty on DLF: "The Competition Appellate Tribunal (Compat) today stayed the Rs 630 crore penalty imposed by fair trade watchdog Competition Commission of India (CCI) on realty major DLF over alleged abuse of dominant market position."
Nov 9, 2011 How Pentamedia defrauded its shareholders: "Pentamedia owner Chandrasekaran came up with a mysterious scheme of 'amalgamation, arrangement and compromise'."
Nov 9, 2011 How Pentamedia fooled investors, sold assets: "Pentamedia was not just a corporate scam but also a money laundering operation."
Nov 9, 2011 Sun TV's Kavery Kalanithi highest paid women in India, Chanda Kochhar most powerful: Fortune: "Sun TV Network chairman and Kavery's husband Kalanithi Maran, whose annual package is USD 13.09 million."
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Nov 25, 2011 Indian IT cos among world's lowest-paying employers: Study
Nov 24, 2011 Corruption and India's 1 percent - Freeland: ""Corruption is endemic,""
Nov 24, 2011 AI faces whopping debt of Rs 43,777 crore: "The total debt of cash-strapped Air India, consisting of aircraft and working capital loans, is Rs 43,777 crore and the government has infused Rs 3,200 crore equity to help the airline,"
Nov 24, 2011 Jharkhand: Rs 70 cr seized from coal contractor: "The Income Tax officials have called it the largest ever cash haul in a single operation."
Nov 24, 2011 Rajasthan: Marketing firm hit by Rs 300 cr scam: "Two directors of the marketing company, Gold Sukh, have been arrested in Rajasthan."
Nov 24, 2011 Doon Exp fire: A journey ends in tragedy for many: "Seven people were killed when a fire broke out on the Howrah-Dehradun Doon Express early Tuesday morning."
Nov 24, 2011 2G: Five accused get bail, others optimistic
Nov 24, 2011 100 गुना मुनाफे के नाम पर तीन अरब की ठगी
Nov 24, 2011 Bangalore bureaucracy drives IT companies to Bengal
Nov 24, 2011 Has the Railways safety been compromised?: "Seven people have died in the Howrah-Dehradun Express train fire which broke out late on Monday night.", "It is 14th this year."
Nov 24, 2011 Mothers wailing, children die, Two families, same tragedy: "No words can be as searing as children screaming “mummy, mummy”, engulfed by fire and smoke. No shock can be as numbing as a mother’s realisation that her child, no more than four years old, was not with her when she was swept out by a stampede."
Nov 24, 2011 2G scam: Bail for 5 corporate executives: "The SC has granted bail on two sureties of Rs 5 lakh each. This is first set of bail in the 2G spectrum allocation scam"
Nov 24, 2011 2G accused managers can influence witnesses: Swamy: "The Janata Party President says since the corporate executives are rich people, they can influence witnesses."
Nov 24, 2011 Howrah-Doon Express fire: death toll up to 7: "some eyewitnesses said that the fire was the result of a short circuit."
Nov 24, 2011 Swamy says Chidambaram, Raja discussed 2G pricing: "Janata Party President Subramanian Swamy today released a set of documents to prove that Union Home Minister P Chidambaram discussed with former Telecom Minister A Raja in may-June 2008 the issue of pricing of the 2G Spectrum at 2001 rates."
Nov 24, 2011 Corruption alleged in Air India-Singapore firm deal: "Employees of a transport services firm employed at Thiruvananthapuram airport have approached the Central Vigilance Commissioner alleging corruption in the manner in which Air India was trying to hand over ground handling and cargo handling to the Singapore Airport Terminal Services Ltd (SATS)."
Nov 24, 2011 MPs owe more than Rs 7 crore to MTNL: "Six sitting MPs owe Rs 19,78,027, while 399 former MPs owe over Rs 7.10 crore to state-owned MTNL."
Nov 24, 2011 Is the India growth story over?
Nov 24, 2011 India’s Business Most Foul: "must watch out the two high profile cases relating to Maran brothers; Kalanithi Maran and Dayanidhi Maran, sons for late Murosoli Maran, leader of the DMK party and nephew of DMK patriarch M. Karunanidhi."
Nov 23, 2011 CBI probing Srinagar land scam, says Antony: "The ministry’s internal probe pointed to collusion among officials of the defence estates department and state government and land sharks who got together to sell more than 200 acres of land"
Nov 23, 2011 HC notice to govt on Dharam letoff: "recommendation in 2009 of then Governor Rameshwar Thakur that no action needed to be taken against former Chief Minister N Dharam Singh who was indicted by then Lokayukta for unlawful mining."
Nov 23, 2011 Mothers wailing, children die Two families, same tragedy: "No words can be as searing as children screaming “mummy, mummy”, engulfed by fire and smoke. No shock can be as numbing as a mother’s realisation that her child, no more than four years old, was not with her when she was swept out by a stampede."
Nov 23, 2011 Unlawful mining gave the firms super profits, says report by an NGO, Goa ore cos’ profit twice state budget: "While the Goa government earned a paltry Rs. 900 crore from mining royalty, mining companies raked in over Rs. 22,612 crore pulling in profits of nearly Rs. 11,000 crore – almost twice the state’s budget of Rs. 6,000 crore."
Nov 23, 2011 Petrol prices spell windfall for govt: "Indirect taxes on petroleum fetched the exchequer Rs 1 lakh crore in 2010-11"
Nov 21, 2011 The Telegraph: Indian officials raid Vodafone in corruption probe: "Indian officials have raided Vodafone’s offices in Delhi and Mumbai as part of a multibillion-pound corruption investigation in one of the telecoms giant’s most important markets."
Nov 21, 2011 Chidambaram targeted: NDA to boycott minister in Parliament: "announced it would boycott home minister P Chidambaram in Parliament for his alleged role in allocation of telecom licences."
Nov 21, 2011 Lessons from the Satyam crisis
Nov 21, 2011 Reliance lobbyist gives fake address in Lutyens Delhi: "TG Nandakumar, a corporate lobbyist with alleged links to some members of the judiciary.", "“there have been allegations that Nandakumar, who claimed he was a paid consultant of Reliance, had facilitated the (data centre) deal, which allowed the private company access to several vital data."
Nov 21, 2011 Govt plans Rs 30,000 crore bailout for Air India: "government will nurse a sick airline only to sell its stake to private players once it is healthy."
Nov 20, 2011 Jagan supporters switching loyalties?: "Amid indications that they want to distance themselves from YSR Congress chief Jaganmohan Reddy in the wake of the ongoing CBI probe against him, more supporters of the Kadapa MP are set to leave him"
Nov 20, 2011 BBC: World Economic Forum: Can India Beat Corruption?: "Will Anna Hazare's new movement be successful, or is India destined to operate with a culture of corruption?"
Nov 20, 2011 Graft costing India 1.5% of GDP growth each year
Nov 20, 2011 Former Telecom Minister Sukhram slapped, kicked by man in court premises: "Former Telecom Minister Sukhram was today slapped and kicked by a man inside the premises of a Delhi court just moments after he was sentenced to five years rigorous imprisonment in connection with a corruption case dating back to 1996."
Nov 20, 2011 Now, foreign investors warn against 'policy paralysis': "leading foreign investors, rating agencies and research firms have raised the red flag over the notion about 'policy paralysis'"
Nov 19, 2011 CBI should probe Chidambaram's role in 2G: BJP
Nov 19, 2011 Ex-min Sukhram gets 5 yrs in jail, assaulted: "The court also imposed a fine of Rs 4 lakh on former minister Sukhram in the 1996 telecom scam case."
Nov 19, 2011 Spectrum dirt at BJP doorstep, raids on Airtel, Vodafone: "the CBI filing a FIR for alleged loss of Rs 508 crores in spectrum allocation in 2002 when it was in power and BJP's Pramod Mahajan was the telecom minister."
Nov 19, 2011 Sukhram assaulted by youth, shivered while being sentenced: "former Telecom Minister Sukhram was today assaulted by a Sikh youth who was angry that despite committing 'such a crime' he has been jailed only for five years."
Nov 19, 2011 BJP caught in 2G net, CBI probes NDA tenure: "Sources say that the CBI believes Pramod Mahajan allegedly caused a Rs 565 crore loss over 6 years."
Nov 19, 2011 Sukhram gets five years in jail, assualted outside court: "the CBI called him a "habitual offender" and sought maximum punishment for him.", "his tenure as telecom minister in P V Narasimha Rao's cabinet in giving a contract worth Rs 30 crore to a private company, Haryana Telecom Limited (HTL), to supply 3.5 Lakh Conductor Kilometers (LCKM) of Polythene Insulated Jelly Filled (PIJF) cables to the telecom department."
Nov 18, 2011 RTI activist alleges foul play in selection of Indian Rupee symbol: "the 3,331 designs were analyzed in only three meetings of the committee. According to him, the jury took approximately 18 seconds to decide on a design in an analysis period of three days.", "Interestingly, the winner D Udaya Kumar is the son of former DMK MLA, N Dharmalingam.", "Singh adds that according to the rules, a participant could send only two entries whereas Udaya Kumar sent four. He alleges that a few members of the jury were absent at the time of selection of the design"
Nov 18, 2011 For India, Swift Growth and Rapid Rot: "“India has been overwhelmed by corruption scams,”"
Nov 18, 2011 Corruption and India’s 1 percent: "“It saddened me a lot to see that even Bangladesh has a better social index, in terms of what it was in 1990 to what it is today, compared to India,” Kalyani said. “All this glitz and glamour and everything that we see about business, the high-rises in Mumbai and businesses moving ahead and the stock market and everything, don’t seem to travel too far beyond the urban setting of India.”"
Nov 18, 2011 Now ads will have to deliver what they promise: "“In view of large number of consumer complaints, the Government is considering setting up an inter-ministerial committee to look at ways and means to check false and misleading advertisements effectively.”"
Nov 18, 2011 अवैध खनन:आईएएस अधिकारी से फिर पूछताछ: "वो कच्चे लोहे के अवैध खनन के उस मामले में अभियुक्त हैं जिस में कर्नाटक के पूर्व मंत्री गाली जनार्धन रेड्डी को गिरफ़्तार किया जा चुका है."
Nov 18, 2011 Jharkhand: Coal mafia behind nun's death?: "Sister Valsa was murdered in Pakur district of Jharkhand by a group of 40 unidentified men."
Nov 18, 2011 Examine JSW, Adani mining illegalities: SC: "examine the alleged illegalities committed by other major companies involved in mining activities in Bellary district of Karnataka and neighbouring Andhra Pradesh"
Nov 18, 2011 Capital Shame: "slipped while trying to board a moving train at the Nizamuddin railway station and was trapped in the gap between the platform and the coach for well over an hour, bled to death after a shoddy rescue operation"
Nov 18, 2011 Activist nun killed in Jharkhand: "Valsa John, who spearheaded an anti-displacement movement against a private company at Pachwara village in Pakur district, was hacked to death by unidentified assailants in Pakur. "She was beaten with sticks and then axed to death"
Nov 18, 2011 Indian railways' shocking callousness: "Railway minister Dinesh Trivedi on Thursday (November 17) responded to the horrific accident that took place at the Nizamuddin station in New Delhi. He said the incident is 'sad' but added that the people themselves are responsible for breaking rules."
Nov 18, 2011 OBC mining case: Court rejects bail pleas of Reddys: "The bail pleas of mining baron and former Karnataka minister Gali Janardhana Reddy and his brother-in-law B V Srinivas Reddy were today rejected by a local court; the third time since their arrest in the alleged illegal mining case, involving the Obulapuram Mining Company (OMC)."
Nov 17, 2011 'No Better Way Of Shutting Down Indian Media': "If a former judge is entitled to R100 crore for his photograph being flashed erroneously on account of being mistaken with another phonetically similar name, will this precedent be applied by Indian courts to other ordinary mortals who complain of loss of reputation on account of far more serious allegations? I am not aware of a single case where even 1% of this amount has been awarded to an ordinary citizen or a public person for loss of reputation."
Nov 16, 2011 CVC penalises over 200 officials for corruption: "Out of the total of 201 government employees, the highest number of 46 were from Central Board of Excise and Customs, 29 from Syndicate Bank, 20 from State Bank of India and 13 each from Delhi Development Authority and Ministry of Railways among others, a CVC report said. Besides them, 11 officials each from Bharat Sanchar Nigam Limited, Allahabad Bank and Punjab National Bank, five each from United India Insurance Company Limited and Ministry of Urban Development have also been penalised."
Nov 16, 2011 Wall Street Journal: Mining Probe Threatens Top Indian Party: "Goa state accounts for nearly half of India's 100 million tons of exports of iron ore last year, most of which went to China.", "a culture of "bribing" of state and federal government officials."
Nov 16, 2011 Reuters: In graft-plagued India, a "crisis of political credibility": "(Reuters) - "The tragedy of India is its political system.""
Nov 16, 2011 Key risks to watch out in India: "RATINGS (Unchanged since October unless stated): S&P: BBB- MOODY'S: Baa3 FITCH: BBB-"
Nov 16, 2011 BBC: India's controversial iron mining boom : "An army of machines claw at the sides, digging out iron ore to feed Goa's mining boom. It is not for India though - despite its huge need for steel - but for export, with most of it going to China."
Nov 16, 2011 Corruption, scams have hurt investments into India: Zia Mody
Nov 16, 2011 Corporate Scams: Getting Away Easily: "Investigation into financial scandals never leads to logical punitive action"
Nov 16, 2011 What ails infrastructure in India?: "India gets about 100 hours of rainfall out of the 8,760 hours in a year, yet faces water shortage as the country"
Nov 16, 2011 CBI probes Rs 780-cr iron-ore transportation scam: "CBI is investigating a scam worth at least Rs 780 crore by a mining firm which allegedly defrauded the Railways in transportation of iron-ore meant for commercial activities by making false declaration about its end use."
Nov 16, 2011 Kerala nun murdered by mining mafia in Jharkhand: "The tribals have been displaced from their homelands and subject to inhuman exploitation by the coal mafia and Sister Valsa had taken it upon herself to resist the mafia."
Nov 15, 2011 2G loss was pegged at Rs 4 lakh crore, I toned it down: CAG Vinod Rai: "Vinod Rai emphasized that he had actually toned down an initial estimate that valued the loss to the exchequer at more than Rs 4 lakh crore."
Nov 13, 2011 End govt's discretionary powers to curb corruption: Godrej: "malaise can be removed only by dismantling government's discretionary powers."
Nov 13, 2011 Airllines fudge 'on-time' record
Nov 13, 2011 India Inc hits out, calls for better governance: "Democracy doesn't have to be an excuse for slower decision making, said Mukesh Ambani."
Nov 13, 2011 OMC mining case: CBI arrests ex-MD of AP mining body: "CBI today arrested V D Rajagopal, the former vice-chairman and MD of Andhra Pradesh Mineral Development Corporation.", "With the arrest of Rajagopal, the focus now shifts to senior IAS officer Y Srilakshmi, who too has been named as an accused in the OMC case."
Nov 12, 2011 Corruption trial begins in chaos: "Telecom scandal; Ex-Indian minister among 14 accused"
Nov 12, 2011 Inside Story - India corruption exposed: "How big a problem is corruption in the world's largest democracy?"
Nov 12, 2011 BBC: India's $40bn telecoms corruption scandal: "Former telecoms minister A Raja and MP Kanimozhi are among 14 people from telecoms firms or government who have been charged."
Nov 12, 2011 K'taka: Transfer of top Lokayukta cop sparks row: "A Karnataka Lokayukta police officer who investigated former chief minister B S Yeddyurappa is shifted out."
Nov 12, 2011 Trouble for Jaganmohan Reddy: "More trouble for YSR Congress Chief and Kadapa MP Jaganmohan Reddy. Reports have now claimed that Jagan's media empire has been overvalued. This just a week after the CBI questioned Jagan in the illegal mining case."
Nov 12, 2011 Is auditing scam in Jagan Reddy’s firm the next Satyam?: "Value of Jagathi Publications was allegedly overstated by Rs 1,000 crore at Rs 3,500 crore. Could it be the next Satyam scam?"
Nov 12, 2011 ED, CBI tightens noose around Jagan: "Political observers keep a close watch on if the developments will bring down the number of Jagan loyalists."
Nov 11, 2011 Hyderabad: Auditing scam in Jagan Reddy's firm: "Auditors at Deloitte admit to fudging accounts of Kadapa MP Jagan Reddy-owned firm Jagathi Publications."
Nov 11, 2011 Scams and subsequent witch hunts have hit decision-making: Kaushik Basu: ""The biggest concern is over governance issues. There is complete absence of decision-making among the leaders in the government,""
Nov 11, 2011 The globe and mail: India’s largest corruption trial begins: "On trial are senior government figures including former telecom minister Andimuthu Raja and member of parliament Kanimozhi Karunanidh, who stand accused of rigging the auction of India’s 2G mobile network spectrum, pocketing millions of dollars in kickbacks and depriving the country of a fortune in lost revenue. Some estimates have put the total as high as $35-billion (U.S.)."
Nov 11, 2011 Govt bailout for Kingfisher airlines?: "Kingfisher Airlines has sought government help for a bailout even as it continued its flight curtailment spree for the fifth consecutive day today and its stocks plummeted by over 19 per cent to an all-time low but recovered slightly later.", "Govt to arrange for loans"
Nov 11, 2011 2G trial: RCap’s Subramaniam retracts first statement to CBI: "Latest Assistant vice president of Reliance capital Anand Subramaniam has backed down from a statement previously given to the CBI, in which he had said that he had issued a letter opening an account for Swan Telecom on the instructions of Company Secretary for Swan"
Nov 11, 2011 Reliance officials feel the heat on day 1 of 2G trial: "Two Reliance officials, Anand Subramaniam and AN Sethuraman, were cross examined on day one of the trial."
Nov 10, 2011 Gali kept goons to keep cops at bay: "Former Karnataka minister Gali Janardhan Reddy had a band of hired armed goons from Bihar to guard the leased area in Andhra Pradesh. Gali’s men reported to have threatened any official who dared to enter his mining empire of dire consequences.", "The AP government entered into an pact with Gali’s firm in May 2007 for building a steel plant and allocated 14,015 acres of land for the plant, 68 hectares of land for mining iron ore and 2TMCs of water from Gandikota reservoir. "
Nov 10, 2011 Deloitte does a Satyam with Jagan's media empire: "As a result many investors who were granted land under the special economic zone (SEZ) in the state were made to buy shares of a company with a market value of Rs 30 only at an exorbitant price of Rs 350 per scrip. Sai Reddy may be arrested soon. The Enforcement Directorate (ED) on Thursday issued summons in connection with the money laundering case to Jagan."
Nov 10, 2011 Private sector-state nexus is cramping India’s growth story: "The nexus between the state and private sector is quite apparent now. The state government has come a long way from the license Raj of the 1970s and 1980s. But the state still has the veto power in setting up most of the industries. The report says, “private sector has had to define an unwritten contract with the State.”"
Nov 10, 2011 ED issues summons to Jaganmohan Reddy: "Widening its probe into the finances of YSR Congress chief Y S Jaganmohan Reddy, the Enforcement Directorate has issued summons in connection with the money laundering case against the MP."
Nov 10, 2011 CBI grills industrialist Radhakrishnan: "The Central Bureau of Investigation (CBI) on Thursday interrogated industrialist V M Radhakrishnan alias Chakku Radhakrishnan in connection with a case in which the CBI arrested Indian Tourism Development Corporation (ITDC) officials for according star ratings to certain hotels after accepting bribes."
Nov 9, 2011 Lavasa order not politically influenced: Chavan: "let there be rule of law"
Nov 9, 2011 Hard disk reveals Gali offered money to party bosses Reddy PA’s laptop opens can of mining, political worms: "The CBI has finally succeeded in unravelling the illegal iron ore mining racket operated on the Andhra Pradesh- Karnataka border for almost a decade by former minister in the B S Yeddyurappa cabinet Gali Janardhan Reddy’s gang."
Nov 9, 2011 Whistleblower points to mining scam in MP: "The report presented to principal chief conservator of forest Ramesh K Dave also named two ministers in the Shivraj Singh Chouhan cabinet — PWD minister Nagendra Singh Nagod and minister of state for mineral resources Rajendra Shukla –in connection with the illegal goings on."
Nov 9, 2011 Corruption: Gag Order: "the vigilance department has been “receiving complaints alleging inter alia that some officers are in touch with other departmental officers to get certain cases settled.” And that “some officers are in contact with consultants and advocates who frequently visit SEBI.”"
Nov 9, 2011 Maruti strike leader takes Rs 40 lakh, leaves job: "30 union leaders left the company with the strike leader as Maruti broke months of strike at the Manesar plant."
Nov 9, 2011 Is Pentamedia an isolated case?: "Pentamedia was not just a corporate scam like Satyam, but also a money laundering operation."
Nov 9, 2011 Pilots, AI Aircraft grounded: "A possible collision between a Jet Airways flight for Chennai and an Air India Express aircraft headed for Abu Dhabi was on Monday (November 7) averted in Tiruchirappalli when ATC personnel scrambled quickly and alerted the pilots."
Nov 9, 2011 PM-CAG turf battle: "It is a turf war most unusual. On one side the Comptroller and Auditor General Vinod Rai and on the other the Prime Minister Manmohan Singh himself. A letter was sent just after the PM criticised the CAG for the leak of a crucial audit report in his meeting with newspaper editors."
Nov 9, 2011 Madhu Koda aide arrested in Dubai: "Sanjay Chaudhary, a close aide of jailed former Jharkhand Chief Minister Madhu Koda, was arrested in Dubai Wednesday on an Interpol red corner notice"
Nov 9, 2011 Telcos earn Rs 46,891 cr in Q1, Airtel leads pack: "Bharti Airtel has cornered around 22 percent of the total revenue of Rs 46,891.61 crore earned by telecom service providers during the first quarter of 2011-12, "
Nov 9, 2011 CBI set to book officials of mahajan era: "The CBI is set to book former and serving officials of the Department of Telec-ommunications (DoT) in connection with its probe into alleged irregularities in awarding spectrum licences when the late Pramod Mahajan was communications minister."
Nov 9, 2011 Competition Appellate Tribunal stays Rs 630 cr penalty on DLF: "The Competition Appellate Tribunal (Compat) today stayed the Rs 630 crore penalty imposed by fair trade watchdog Competition Commission of India (CCI) on realty major DLF over alleged abuse of dominant market position."
Nov 9, 2011 How Pentamedia defrauded its shareholders: "Pentamedia owner Chandrasekaran came up with a mysterious scheme of 'amalgamation, arrangement and compromise'."
Nov 9, 2011 How Pentamedia fooled investors, sold assets: "Pentamedia was not just a corporate scam but also a money laundering operation."
Nov 9, 2011 Sun TV's Kavery Kalanithi highest paid women in India, Chanda Kochhar most powerful: Fortune: "Sun TV Network chairman and Kavery's husband Kalanithi Maran, whose annual package is USD 13.09 million."
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