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Nov 8, 2011 CBI may make Jagan co-accused in mining case: "YSR Congress chief Y S Jaganmohan Reddy may also be made a co-accused in the illegal mining case against former Karnataka minister Gali Janardhana Reddy."
Nov 8, 2011 CBI to file FIR in Airbus-Indian Airlines deal: "CBI is likely to file case against Airbus, erstwhile Indian Airlines and senior civil aviation officials for alleged irregularities in over Rs 8,000-crore deal for supplying 43 aircraft to erstwhile Indian Airlines in 2005.", "clauses which governed setting up of an MRO (maintenance, repair and overhaul) unit, training centre and a warehouse, worth USD 17.5 crore by Airbus, were allegedly diluted by some officials."
Nov 8, 2011 2G: Law Ministry comes to Swan, RCom's rescue: "The DoT must first study the equity pattern of companies before serving show-cause notice, says Law Ministry."
Nov 7, 2011 AAI discusses measures to curb corruption in aviation services
Nov 7, 2011 Maruti paid leaders Shiv Kumar & Sonu Gujjar Rs 1 crore each to end strike, allege workers: "Kumar and Gujjar were given Rs 1 crore each and that the Haryana government has promised them flats and cars in Delhi."
Nov 6, 2011 BJP blames Sonia for corruption: "We want to ask her if her party also received money in the 2G spectrum allocation scam, Commonwealth Games scam. What was the share of Congress Party in the Rs 1.76 lakh crore 2G scam?”"
Nov 6, 2011 Coal India to use GPS to stop pilferage: "It is estimated that at least a quarter of CIL’s 431 million tonne (mt) production is stolen in transit,"
Nov 5, 2011 Illegal mining: CBI files FIR against 21 persons
Nov 5, 2011 Illegal mining: Janardhana Reddy's wife under scanner: "Two months after the arrest of mining baron and former Karnataka minister G Janardhana Reddy on charges of illegal mining, a formal probe into the role of his wife Aruna Lakshmi in the scandal began on Saturday."
Nov 5, 2011 RBI followed 'text-bookish' method to control inflation: Basu
Nov 4, 2011 7 tainted IAS, IFS officers: "The committee constituted by the State government to study the Lokayukta mining report has recommended that disciplinary action be initiated against seven All India Service officers, who were identified in the ombudsman’s report."
Nov 4, 2011 Lavasa Corp officials face 5 years in jail: "Violations under the Environment Protection Act, under which Lavasa Corporation and 15 officials have been charged, attract a penalty of up to Rs 1 lakh or imprisonment up to five years."
Nov 4, 2011 Ex-CJ denied RTI info on dumper scam: "Former chief justice of Gauhati high court Justice R S Garg was denied access to official documents under RTI Act at the office of special police establishment of Madhya Pradesh Lokayukta when he went there to get details about " dumper scam" allegedly involving CM Shivraj Singh Chouhan and his wife - accused of misusing his official position by renting out dumper trucks in 2006, registered in his wife's name, to an industrial group as a quid pro quo for allotting out-of-turn mining leases."
Nov 4, 2011 Maruti 'payoff' stirs fresh row: "the men who spearheaded the recent agitation were "bribed" to settle the agitation."
Nov 4, 2011 Black money: I-T department to probe 2,000 Indian accounts in Denmark, Finland: "Denmark and Finland have passed information about another 2,000 bank accounts to India", "one MP is learnt to have deposits worth Rs 200 crore in the Geneva account.", "a top industrialist in Mumbai had admitted to having family accounts in the Geneva, with deposits worth more than Rs 800 crore."
Nov 4, 2011 5% drugs in Indian market sub-standard, says Union health ministry: "At a conservative estimate, drugs worth about Rs 5, 000 crore could be sub-standard"
Nov 4, 2011 Govt to tell SC why Sinha made Sebi chief: ""There are clear indications that there is a nexus between the ministry of finance and major corporate players and that free and fair functioning of Sebi is no longer possible."", "the finance minister had nominated B L Meena, brother of minister of state for finance Namo Narain Meena, and Shashi Kant Sharma as his nominees in the search-cum-selection committee."
Nov 3, 2011 2G case: No bail to Kanimozhi & other accused: "Judge OP Saini said that the crime committed was a deliberate offence, an economic offence and very serious in nature."
Nov 3, 2011 2G spectrum scam: DMK MP Kanimozhi, 7 others denied bail: "The bail pleas of eight other accused -- Swan Telecom promoter Shahid Usman Balwa, former Telecom Minister A Raja's ex-private secretary R K Chandolia, Kalaignar TV MD Sharad Kumar, Directors of Kusegaon Fruits & Vegetables Asif Balwa and Rajiv Agarwal, Bollywood producer Karim Morani and former Telecom secretary Siddharth Behura -- were also dismissed."
Nov 3, 2011 Newsmaker of the day: Ajit Gulabchand: "As the government mulls criminal proceedings against Lavasa, chief Ajit Gulabchand says injustice is being done."
Nov 3, 2011 Lavasa promoters face criminal proceedings: "The Maharashtra government expected to seek prosecution of top officials of the company under the Environment Act."
Nov 3, 2011 Lavasa: Bureaucrats likely to face legal action: "Sources say that criminal proceedings against the promoters will begin from Thursday."
Nov 3, 2011 Illegal mining: CBI summons Jagan Mohan Reddy: "CBI has called Y S Jagan Mohan Reddy, son of former Andhra Pradesh chief minister Y S Rajasekhara Reddy, for questioning on November 4 in connection with the alleged multi-crore iron ore mining scam."
Oct 31, 2011 I-T crackdown on undisclosed Swiss account holders: "the income tax department has launched an offensive against politicians and industrials who had parked money in HSBC Bank, Geneva."
Oct 31, 2011 Wall Street Journal: Bribes, Bureaucracy Hobble India's New Entrepreneurs: "but India presents special obstacles—byzantine bureaucracy, moldering roads and power grids, cultural pressures that penalize risk-taking, and corruption"
Oct 31, 2011 Reddys seek special class status in prison: "Mining baron and former Karnataka minister Gali Janardhan Reddy and Obulapuram Mining Company (OMC) Managing Director B V Srinivas Reddy arrested in connection with the alleged illegal mining case today moved the special court seeking 'special class prisoner status'."
Oct 31, 2011 2G scam: CBI to oppose bail of 5 corporate bigwigs in SC: "Sources in the investigating agency confirmed that it has instructed the lawyer to oppose the plea of corporate executives — Unitech Wireless MD Sanjay Chandra, Swan Telecom Director Vinod Goenka and Reliance Anil Dhirubhai Ambani group executives Hari Nair, Gautam Doshi and Surrendra Pipara"
Oct 31, 2011 Corporates too are accountable: "Union Law Minister Salman Khurshid has blundered in advocating the cause of business houses mired in various scams. People want them punished."
Oct 31, 2011 Janardhana Reddy's judicial custody extended till Nov 14: "A special court Monday extended the judicial custody of former Karnataka minister Gali Janardhana Reddy and his brother-in-law B.V. Srinivasa Reddy till Nov 14 in an illegal mining case."
Oct 31, 2011 DGCA finds 'blatant' disregard of norms by flying schools: "The audit by the Directorate General of Civil Aviation (DGCA) came in the wake of the fake pilot scam which led to cancellation of licences of over a score of pilots a few months ago for submission of fake or forged documents. DGCA teams carried out audits of 40 flying schools across the country since mid-April and found discrepancies in almost all of them"
Oct 31, 2011 I-T Dept seeks documents regarding Jagan probe from CBI: "The Income Tax department today approached a local court seeking copies of the documents seized by CBI during the probe of corruption allegations against Kadapa MP Y S Jaganmohan Reddy and the alleged irregularities in the Emaar Properties land deal."
Oct 31, 2011 JPC grills FinMin officials; CAG, R P Singh next in line: "Secretary, Finance R S Gujral and Secretary, Department of Economic Affairs, R Gopalan appeared before the JPC to explain why the Finance Ministry did not submit the note -- which indicated that had then Finance Minister P Chidambaram insisted, the 2G spectrum could have been auctioned-- to the panel."
Oct 31, 2011 Economic blockade in Manipur enters 93rd day, 48 hr bandh call: "The crippling economic blockades on two national highways in Manipur entered the 93rd day today"
Oct 31, 2011 Absence of decision making in government is biggest concern: Azim Premji: ""I think the biggest concerns are governance issues... complete absence of decision-making among leaders in the government...""
Oct 30, 2011 India’s jugaad economy keeps chugging along – somehow: "There are some lower projections for pulses, coarse cereals and groundnuts, but, on the whole, the kharif numbers should be good."
Oct 29, 2011 13 repo rate revisions in 19 months, yet no results: "Already fighting a near-losing battle against the scores of scams that has beset the UPA coalition, economist Manmohan Singh-led government may be taking all possible measures to rein in price rise but they have failed to make much impact on the runaway inflation."
Oct 29, 2011 Containers of huge scams: "Intelligence (DRI) seizing red sandalwood worth Rs 1crore form ICTT at Vallarpadom, India’s only container transshipment terminal at Kochi has come under the scanner once again."
Oct 29, 2011 Occupy Dalal Street?
Oct 29, 2011 Lokayukta Police registers FIR against Murugesh Nirani: "accused Nirani of denotifying 20 acres near Devanahalli and 100 acres near Dabaspet near Tumkur"
Oct 28, 2011 Can Chidambaram's alleged role in 2G scam be taken forward?
Oct 28, 2011 Al Jazeera: Unregulated quarrying threatens India's farmlands
Oct 28, 2011 ‘Pranab pressured Sebi to go easy on RIL, save Rs 1,500 cr’: "A month-and-a-half before he demitted office, former Sebi member KM Abraham wrote an anguished letter to the Prime Minister alleging pressure from Finance Minister Pranab Mukherjee and his advisor Omita Paul to “manage” cases against powerful corporate groups which were being investigated by Sebi."
Oct 28, 2011 Govt to act against mining-tainted officials: "The Cabinet on Friday accepted the report of a high-level committee headed by Additional Chief Secretary K Jairaj that has recommended disciplinary action against 447 officials including three IAS officers and four from the IFS cadre for allegedly abetting illegal mining in the State."
Oct 28, 2011 You scratch my back, I’ll scratch yours: "Some media barons are working hand in glove with politicians to promote illegal mining in Goa."
Oct 27, 2011 Custody of Katta Jagadish, Itasca MD extended: "The Lokayukta police which investigated the case had unearthed irregularities by the KIADB during land acquisition for Itasca. They had claimed that S V Srinivas and Basavapoornaiah had paid Rs 87 crore to Naidu and his son."
Oct 27, 2011 Record 600 officials face action over illegal mining in Karnataka: "Among those facing suspension and other disciplinary actions are three officers of the highly-prized Indian Administrative Service (IAS) and four from the Indian Forest Service (IFS),"
Oct 26, 2011 Judicial custody of Katta Subramanya Naidu extended till Nov 26: "After being remanded to judicial custody on August 8, Katta was subsequently admitted to Victoria Hospital where he had been undergoing treatment. Katta Subramanya Naidu, his corporator son Jagadish and Shrinivas are among nine persons facing charges of irregularities in land allotment of KIADB in B K Halli village to the software company, floated by an aide of Naidu."
Oct 26, 2011 Another probe ordered against Yeddyurappa: "the contract was awarded to R.N.S Jyothi for a whopping Rs.1,033 crore though other bidders had quoted lower cost. In return for getting the contract, R.N.S Jyothi paid Rs.13 crore to Dhavalagiri Developers Ltd, owned by Yeddyurappa's sons B.Y. Vijayendra and B.Y. Raghavendra, and son-in-law R. Sohan Kumar."
Oct 26, 2011 Maharaja seeks oilman’s interest-free credit to remain in air: "In addition to the Rs 26,000 crore bailout package which includes Rs 6,600 crore equity infusion, writing off a substantial chunk of Rs 40,000 crore debts and soft loans, the airline is likely to seek the Pranab Mukherjee-led Group of Ministers’ nod for continuation of interest free credit extended by the state-owned Oil Marketing Companies (OMCs) for another three months."
Oct 26, 2011 CID case may implicate former prime minister - Govt exhumes UKP to needle Gowda: "In what is being perceived as a bid to drag in former prime minister and JD(S) chief HD Deve Gowda in the saga of scams, the state CID on Wednesday registered a case in connection with certain alleged irregularities and financial misappropriation in the Upper Krishna Project (UKP)."
Oct 26, 2011 Report on Upper Bhadra irregularities submitted: "MPCL made two payments to two companies, Rs 2 crore to Sahyadri Health Care and Diagnostic Private Limited and Rs 11 crore to Dhavalagiri Properties Developers Private Limited. While Dhavalagiri Properties is owned by Yeddyurappa’s two sons - B Y Vijayendra and B Y Raghavendra - and son-in-law R N Sohan Kumar, Sahyadri Diagnostics lists Raghavendra, Vijayendra and Sagar Health Care and Diagnostics (with MLA Hemachandra Sagar as chairman) as shareholders in the company."
Oct 25, 2011 UK makes it more difficult to get student visas, bans 1,900 Indian banks: "The list of banks whose statements will not be accepted are categorised as 'Cooperative banks - scheduled urban cooperative banks' and 'Cooperative banks - non- scheduled urban cooperative banks'."
Oct 25, 2011 CBI registers corruption cases against top NCL execs: "The accused, including the chairman-cum-managing director, allegedly resorted to corrupt practices in awarding tenders for the mining equipment and other accessories. They did not take any action against those supplying substandard quality mining equipments to the company."
Oct 25, 2011 CBI registers corruption cases against top NCL execs: "The accused, including the chairman-cum-managing director, allegedly resorted to corrupt practices in awarding tenders for the mining equipment and other accessories. They did not take any action against those supplying substandard quality mining equipments to the company."
Oct 24, 2011 CBI examines BSNL records on Maran's 'exchange': "CBI is scrutinising crucial documents received from Bharat Sanchar Nigam Limited (BSNL) on allocation of over 300 high-capacity telecom lines to former Telecom Minister Dayanidhi Maram's residence that were allegedly used by a private channel owned by his brother."
Oct 24, 2011 Now, BSY's close aide in trouble over land deal: "The Karnataka Lokayukta court on Monday ordered an investigation into Industries Minister Murugesh Nirani's role in land deal."
Oct 24, 2011 INDIA: Administrative neglect and corruption resulted in the death of farmers who lost their land : "The legally illiterate farmers had been informed that they were signing a lease deed of their land for three years to these companies. Instead, the companies were purchasing the land amounting to a total of 358.43 acres between October 2005 and March 2007. The fraud allegedly happened with the connivance of the land registry officials."
Oct 24, 2011 2G case: No bail for Kanimozhi yet: "Two days after charges were framed against them, special CBI judge O P Saini reserved his order on the bail petitions of Kanimozhi, Kalaignar TV MD Sharad Kumar, Directors of Kusegaon Fruits & Vegetables Asif Balwa, Rajiv Agarwal and Bollywood producer Karim Morani."
Oct 23, 2011 Sahara asked to return Rs 24000cr to investors: "However, investors still feel there's very little hope of getting their money back."
Oct 23, 2011 Are you nuts, Mr Jaiswal? Why should CIL fund food security?: "Coal India is today the world’s largest coal producer."
Oct 23, 2011 Probe ‘deal’ between JP Group and Mayawati: SP
Oct 23, 2011 SFIO to have powers to prosecute companies: "The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011"
Oct 23, 2011 Judge Saini raps govt, corporates and delivers 2G bombshell: "the CBI court charged former Telecom minister A Raja, Kanimozhi and former telecom officials with criminal breach of trust that could amount to life imprisonment."
Oct 23, 2011 More trouble for Maran; grant of DTH to Sun Direct under CBI scanner: "After his alleged involvement in the 2G scam and leasing of telephone lines, former telecom minister Dayanidhi Maran's 'role' in sanctioning of spectrum to Sun Direct CBI is now being looked into by the CBI."
Oct 22, 2011 Bihar returns wheat to FCI, says stock was rotten: "Bihar Food Minister also alleged that the Centre held back more than half of the wheat that Bihar had asked for."
Oct 22, 2011 Rlys land deals caught in Adarsh scam shadow: "Feeling the toxic effects of the Adarsh land scam, the Railway Ministry now wants an official ‘licence' to license its own land."
Oct 22, 2011 Highway Robbery: "There is corruption beyond the 2G scam. India’s highways and road construction projects are mired in multi-million financial scandals. Ashish Khetan exposes the builder-official nexus that plagues our roads"
Oct 22, 2011 Corruption, inefficiency eat 25% of CIL output: Sriprakash Jaiswal: "Corruption, inefficiency and low productivity have eaten up at least a quarter of the output of state monopoly Coal India,"
Oct 22, 2011 2G scam: What are the exact charges under section 409?: "Section 409, which is criminal conspiracy and means conviction of life sentence, has been upheld by the Special Court for 14 of the 17 accused."
Oct 22, 2011 Delhi and Mumbai: What unites them is their land scams: "land is the main currency of political and business corruption. Despite having completely different political cultures, Delhi and Mumbai are tied together in land scamming."
Oct 22, 2011 Politician-corporates nexus greatest threat for Indian economy: ""The system got so saturated with corruption that the system itself became a whistleblower."
Oct 22, 2011 2G case: Charges framed against Raja, Kanimozhi and 15 other accused: ""....Thereby, you all committed an offence punishable under Sections 120-B (criminal conspiracy) read with 409 (criminal breach of trust), 420 (cheating) 468 and 471 (forgery) of the Indian Penal Code and Section 7 or in alternative Section 11 read with Section 12 and 13(2) read with 13 (1b) of the Prevention of Corruption Act and within my cognisance,""
Oct 22, 2011 2G conspiracy began after Raja became minister: Court: ""...the conspiracy continued till the last tranche of money, Rs 50 crore, was received by Kalaignar TV on August 7, 2009, as illegal gratification," the judge added. The court said all the accused in the case knew each other from the beginning, much before the plotting began."
Oct 22, 2011 2G: Framing of charges against 17 accused today: "If the 17 accused are charged under criminal breach of trust in the spectrum scam, they can be given a life sentence."
Oct 21, 2011 The rupee has slipped to 50 against the dollar. Here’s why: "The currency has declined 10.8 percent this year,"
Oct 21, 2011 UP land mess: It’s not about the poor, it’s about the best deal: "“Even a horse will laugh at this argument,” the Supreme Court told the Uttar Pradesh government", "By “public purpose” the UP government meant housing complexes with swimming pools, spa and ayurvedic massage parlours.", "“Taking advantage of the Land Acquisition Act, 1894, the state is driving poor people to the wall. This is a sinister anti-people campaign started by many governments, including UP."
Oct 21, 2011 Cong’s 2014 formula: Politics at the cost of economy: "That the UPA has been a disaster on all fronts needs no overstating. If expressions like policy paralysis, governance deficit, leadership vacuum, ego tussle and lack of moral authority keep cropping up in every description of the government,"
Oct 21, 2011 Gr Noida land acqusition: HC raises compensation for farmers: "the court has ordered in inquiry by the chief secretary and name those responsible for forcibly acquiring land by builders and how the UP government bent rule and meddled with the master plan to favor the builders."
Oct 20, 2011 CBI team visits OMC mining area: "Continuing its investigations into illegal mining, a CBI team today visited mining areas of Obulapuram Mining Company (OMC) on the Karnataka-Andhra Pradesh borders."
Oct 18, 2011 Sahara scam: SAT blasts RoC for ‘dereliction of duty’: "The former has been castigated for concealing material facts while filing its application for issuing OFCDs, and the latter for “dereliction of duty.”"
Oct 15, 2011 6 ‘sins’ and 2 sons did him in: "Estimated loss to the exchequer was Rs 34.41 crore and pecuniary benefit was Rs 31.86 crore.", "Estimated loss to the exchequer was Rs 175 crore and pecuniary gain was Rs 3.35 crore."
Oct 15, 2011 Yeddyurappa surrenders, sent ot jail: "Facing imminent arrest, former Karnataka Chief Minister B S Yeddyurappa today (October 15) surrendered before a Lokayukta court here and was sent to jail for a week after he was issued an arrest warrant in connection with alleged land scams."
Oct 15, 2011 BS Yeddyurappa surrenders after evading arrest: "The former Karnataka chief minister was remanded to judicial custody till October 22 in a land denotification scam."
Oct 15, 2011 CJ Exposes Ticketing Scam at ASI Tourist Spot: "Raghvendra exposes a ticketing scam that results in huge losses to ASI. Authorities promise action based on his report."
Oct 15, 2011 BBC: India: BJP ex-chief minister arrested over kickbacks: "A top Indian politician has been arrested over a multi-million dollar corruption scandal", "Mr Yeddyurappa and members of his family were said to have personally gained 1.89bn rupees ($386m). Another 13 people are accused in the same case. Aside from the alleged land scam, the former chief minister also faces accusations over an alleged $3.6bn iron-ore mining fraud."
Oct 15, 2011 Arrest warrant issued against BS Yeddyurappa: "A special Lokayukta court rejected the bail application of the former Karnataka Chief Minister in the land denotification case."
Oct 15, 2011 BS Yeddyurappa arrested, sent to jail: "Yeddyurappa sent to jail for 'land grab'"
Oct 15, 2011 Land scam: Yeddyurappa surrenders, sent to jail: "Facing imminent arrest, former Karnataka Chief Minister B S Yeddyurappa today surrendered before a Lokayukta court here and was sent to judicial custody till October 22 after he was issued an arrest warrant in connection with alleged land scams."
Oct 15, 2011 Pall of gloom descends upon BJP as Yeddyurappa sent to jail: "Sending ripples among the political class, former Karnataka chief minister B S Yeddyurappa was remanded to judicial custody till October 22 and sent to Bangalore Central Jail after he surrendered before the special Lokayukta court here.", "Yeddyurappa's two sons -- Shimoga MP B Y Raghavendra and B Y Vijendra and his son-in-law R N Sohan Kumar were granted conditional bail after each furnished a surety bond of Rs five lakh.""
Oct 14, 2011 LIC loan scam: Fresh CBI probe into DB Realty: "it busted an alleged bribes-for-loans scandal involving LIC Housing Finance, some public sector banks and a host of private companies, the CBI has quantified the loans disbursed in the case at Rs 12,000 crore."
Oct 14, 2011 Illegal mining report: I can't let go my baby, says Santosh Hegde: "I don't understand the reason for constituting a committee involving additional chief secretaries to study my report and suggest action. It's like after a judgment is given by a judge, it's referred to the accused to see whether it's good or bad."
Oct 14, 2011 Review: Aakash tablet disappoints: "Does Aakash, the much touted cheap tablet computer, give you enough bang for your buck?"
Oct 14, 2011 2 states, 2 reports, 1 story: "It's a case of Government rejecting inconvenient truth by rubbishing and dumping reports indicting the respective Governments. It happened in Goa last week when the PAC report on illegal mining was rejected by the Speaker and now the Lokayukta report on illegal mining is rejected by the Karnataka Government. Goa Speaker had rejected PAC Report calling it 'a draft'. Opposition in Karnataka say it is the Government's move to let Yeddyurappa escape punishment."
Oct 14, 2011 Courts can’t discriminate: "There is no reason why India should follow a different standard and thus be known as a country where corporates can walk free after wilfully violating the law of the land."
Oct 14, 2011 Karnataka: BJP buying time on Lokayukta report?: "The government sends back the illegal mining report after two and a half months as Lokayukta post falls vacant."
Oct 14, 2011 Go after mining company owners, SC tells CBI: "The Supreme Court today asked the CBI to go after owners of the companies involved in illegal mining in Karnataka and Andhra Pradesh instead of restricting its investigation to their employees."
Oct 14, 2011 Prominent citizens, scientists move SC to stop work on all n-plants: "The petitioners, who include former Cabinet Secretary T S R Subramanian, former Chief of Naval Staff L Ramdas, former Chief Election Commissioner N Gopalaswami, former Secretary to the Prime Minister K R Venugopal and nuclear scientist P M Bhargava, pleaded an expert nuclear regulator independent of the government be set up to do a comparative cost-benefit analysis vis-à-vis other sources of energy."
Oct 14, 2011 Karnataka Govt returns Lokayukta mining report: "The report resulted in the resignation of former Chief Minister BS Yeddyurappa and 3 other ministers from Bellary."
Oct 14, 2011 Govt didn't take step to prevent 2G scam: SC
Oct 14, 2011 Power problems to get worse across India: "Five of the NTPCs 22 plants nationwide have coal supply for just two days."
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Nov 8, 2011 CBI may make Jagan co-accused in mining case: "YSR Congress chief Y S Jaganmohan Reddy may also be made a co-accused in the illegal mining case against former Karnataka minister Gali Janardhana Reddy."
Nov 8, 2011 CBI to file FIR in Airbus-Indian Airlines deal: "CBI is likely to file case against Airbus, erstwhile Indian Airlines and senior civil aviation officials for alleged irregularities in over Rs 8,000-crore deal for supplying 43 aircraft to erstwhile Indian Airlines in 2005.", "clauses which governed setting up of an MRO (maintenance, repair and overhaul) unit, training centre and a warehouse, worth USD 17.5 crore by Airbus, were allegedly diluted by some officials."
Nov 8, 2011 2G: Law Ministry comes to Swan, RCom's rescue: "The DoT must first study the equity pattern of companies before serving show-cause notice, says Law Ministry."
Nov 7, 2011 AAI discusses measures to curb corruption in aviation services
Nov 7, 2011 Maruti paid leaders Shiv Kumar & Sonu Gujjar Rs 1 crore each to end strike, allege workers: "Kumar and Gujjar were given Rs 1 crore each and that the Haryana government has promised them flats and cars in Delhi."
Nov 6, 2011 BJP blames Sonia for corruption: "We want to ask her if her party also received money in the 2G spectrum allocation scam, Commonwealth Games scam. What was the share of Congress Party in the Rs 1.76 lakh crore 2G scam?”"
Nov 6, 2011 Coal India to use GPS to stop pilferage: "It is estimated that at least a quarter of CIL’s 431 million tonne (mt) production is stolen in transit,"
Nov 5, 2011 Illegal mining: CBI files FIR against 21 persons
Nov 5, 2011 Illegal mining: Janardhana Reddy's wife under scanner: "Two months after the arrest of mining baron and former Karnataka minister G Janardhana Reddy on charges of illegal mining, a formal probe into the role of his wife Aruna Lakshmi in the scandal began on Saturday."
Nov 5, 2011 RBI followed 'text-bookish' method to control inflation: Basu
Nov 4, 2011 7 tainted IAS, IFS officers: "The committee constituted by the State government to study the Lokayukta mining report has recommended that disciplinary action be initiated against seven All India Service officers, who were identified in the ombudsman’s report."
Nov 4, 2011 Lavasa Corp officials face 5 years in jail: "Violations under the Environment Protection Act, under which Lavasa Corporation and 15 officials have been charged, attract a penalty of up to Rs 1 lakh or imprisonment up to five years."
Nov 4, 2011 Ex-CJ denied RTI info on dumper scam: "Former chief justice of Gauhati high court Justice R S Garg was denied access to official documents under RTI Act at the office of special police establishment of Madhya Pradesh Lokayukta when he went there to get details about " dumper scam" allegedly involving CM Shivraj Singh Chouhan and his wife - accused of misusing his official position by renting out dumper trucks in 2006, registered in his wife's name, to an industrial group as a quid pro quo for allotting out-of-turn mining leases."
Nov 4, 2011 Maruti 'payoff' stirs fresh row: "the men who spearheaded the recent agitation were "bribed" to settle the agitation."
Nov 4, 2011 Black money: I-T department to probe 2,000 Indian accounts in Denmark, Finland: "Denmark and Finland have passed information about another 2,000 bank accounts to India", "one MP is learnt to have deposits worth Rs 200 crore in the Geneva account.", "a top industrialist in Mumbai had admitted to having family accounts in the Geneva, with deposits worth more than Rs 800 crore."
Nov 4, 2011 5% drugs in Indian market sub-standard, says Union health ministry: "At a conservative estimate, drugs worth about Rs 5, 000 crore could be sub-standard"
Nov 4, 2011 Govt to tell SC why Sinha made Sebi chief: ""There are clear indications that there is a nexus between the ministry of finance and major corporate players and that free and fair functioning of Sebi is no longer possible."", "the finance minister had nominated B L Meena, brother of minister of state for finance Namo Narain Meena, and Shashi Kant Sharma as his nominees in the search-cum-selection committee."
Nov 3, 2011 2G case: No bail to Kanimozhi & other accused: "Judge OP Saini said that the crime committed was a deliberate offence, an economic offence and very serious in nature."
Nov 3, 2011 2G spectrum scam: DMK MP Kanimozhi, 7 others denied bail: "The bail pleas of eight other accused -- Swan Telecom promoter Shahid Usman Balwa, former Telecom Minister A Raja's ex-private secretary R K Chandolia, Kalaignar TV MD Sharad Kumar, Directors of Kusegaon Fruits & Vegetables Asif Balwa and Rajiv Agarwal, Bollywood producer Karim Morani and former Telecom secretary Siddharth Behura -- were also dismissed."
Nov 3, 2011 Newsmaker of the day: Ajit Gulabchand: "As the government mulls criminal proceedings against Lavasa, chief Ajit Gulabchand says injustice is being done."
Nov 3, 2011 Lavasa promoters face criminal proceedings: "The Maharashtra government expected to seek prosecution of top officials of the company under the Environment Act."
Nov 3, 2011 Lavasa: Bureaucrats likely to face legal action: "Sources say that criminal proceedings against the promoters will begin from Thursday."
Nov 3, 2011 Illegal mining: CBI summons Jagan Mohan Reddy: "CBI has called Y S Jagan Mohan Reddy, son of former Andhra Pradesh chief minister Y S Rajasekhara Reddy, for questioning on November 4 in connection with the alleged multi-crore iron ore mining scam."
Oct 31, 2011 I-T crackdown on undisclosed Swiss account holders: "the income tax department has launched an offensive against politicians and industrials who had parked money in HSBC Bank, Geneva."
Oct 31, 2011 Wall Street Journal: Bribes, Bureaucracy Hobble India's New Entrepreneurs: "but India presents special obstacles—byzantine bureaucracy, moldering roads and power grids, cultural pressures that penalize risk-taking, and corruption"
Oct 31, 2011 Reddys seek special class status in prison: "Mining baron and former Karnataka minister Gali Janardhan Reddy and Obulapuram Mining Company (OMC) Managing Director B V Srinivas Reddy arrested in connection with the alleged illegal mining case today moved the special court seeking 'special class prisoner status'."
Oct 31, 2011 2G scam: CBI to oppose bail of 5 corporate bigwigs in SC: "Sources in the investigating agency confirmed that it has instructed the lawyer to oppose the plea of corporate executives — Unitech Wireless MD Sanjay Chandra, Swan Telecom Director Vinod Goenka and Reliance Anil Dhirubhai Ambani group executives Hari Nair, Gautam Doshi and Surrendra Pipara"
Oct 31, 2011 Corporates too are accountable: "Union Law Minister Salman Khurshid has blundered in advocating the cause of business houses mired in various scams. People want them punished."
Oct 31, 2011 Janardhana Reddy's judicial custody extended till Nov 14: "A special court Monday extended the judicial custody of former Karnataka minister Gali Janardhana Reddy and his brother-in-law B.V. Srinivasa Reddy till Nov 14 in an illegal mining case."
Oct 31, 2011 DGCA finds 'blatant' disregard of norms by flying schools: "The audit by the Directorate General of Civil Aviation (DGCA) came in the wake of the fake pilot scam which led to cancellation of licences of over a score of pilots a few months ago for submission of fake or forged documents. DGCA teams carried out audits of 40 flying schools across the country since mid-April and found discrepancies in almost all of them"
Oct 31, 2011 I-T Dept seeks documents regarding Jagan probe from CBI: "The Income Tax department today approached a local court seeking copies of the documents seized by CBI during the probe of corruption allegations against Kadapa MP Y S Jaganmohan Reddy and the alleged irregularities in the Emaar Properties land deal."
Oct 31, 2011 JPC grills FinMin officials; CAG, R P Singh next in line: "Secretary, Finance R S Gujral and Secretary, Department of Economic Affairs, R Gopalan appeared before the JPC to explain why the Finance Ministry did not submit the note -- which indicated that had then Finance Minister P Chidambaram insisted, the 2G spectrum could have been auctioned-- to the panel."
Oct 31, 2011 Economic blockade in Manipur enters 93rd day, 48 hr bandh call: "The crippling economic blockades on two national highways in Manipur entered the 93rd day today"
Oct 31, 2011 Absence of decision making in government is biggest concern: Azim Premji: ""I think the biggest concerns are governance issues... complete absence of decision-making among leaders in the government...""
Oct 30, 2011 India’s jugaad economy keeps chugging along – somehow: "There are some lower projections for pulses, coarse cereals and groundnuts, but, on the whole, the kharif numbers should be good."
Oct 29, 2011 13 repo rate revisions in 19 months, yet no results: "Already fighting a near-losing battle against the scores of scams that has beset the UPA coalition, economist Manmohan Singh-led government may be taking all possible measures to rein in price rise but they have failed to make much impact on the runaway inflation."
Oct 29, 2011 Containers of huge scams: "Intelligence (DRI) seizing red sandalwood worth Rs 1crore form ICTT at Vallarpadom, India’s only container transshipment terminal at Kochi has come under the scanner once again."
Oct 29, 2011 Occupy Dalal Street?
Oct 29, 2011 Lokayukta Police registers FIR against Murugesh Nirani: "accused Nirani of denotifying 20 acres near Devanahalli and 100 acres near Dabaspet near Tumkur"
Oct 28, 2011 Can Chidambaram's alleged role in 2G scam be taken forward?
Oct 28, 2011 Al Jazeera: Unregulated quarrying threatens India's farmlands
Oct 28, 2011 ‘Pranab pressured Sebi to go easy on RIL, save Rs 1,500 cr’: "A month-and-a-half before he demitted office, former Sebi member KM Abraham wrote an anguished letter to the Prime Minister alleging pressure from Finance Minister Pranab Mukherjee and his advisor Omita Paul to “manage” cases against powerful corporate groups which were being investigated by Sebi."
Oct 28, 2011 Govt to act against mining-tainted officials: "The Cabinet on Friday accepted the report of a high-level committee headed by Additional Chief Secretary K Jairaj that has recommended disciplinary action against 447 officials including three IAS officers and four from the IFS cadre for allegedly abetting illegal mining in the State."
Oct 28, 2011 You scratch my back, I’ll scratch yours: "Some media barons are working hand in glove with politicians to promote illegal mining in Goa."
Oct 27, 2011 Custody of Katta Jagadish, Itasca MD extended: "The Lokayukta police which investigated the case had unearthed irregularities by the KIADB during land acquisition for Itasca. They had claimed that S V Srinivas and Basavapoornaiah had paid Rs 87 crore to Naidu and his son."
Oct 27, 2011 Record 600 officials face action over illegal mining in Karnataka: "Among those facing suspension and other disciplinary actions are three officers of the highly-prized Indian Administrative Service (IAS) and four from the Indian Forest Service (IFS),"
Oct 26, 2011 Judicial custody of Katta Subramanya Naidu extended till Nov 26: "After being remanded to judicial custody on August 8, Katta was subsequently admitted to Victoria Hospital where he had been undergoing treatment. Katta Subramanya Naidu, his corporator son Jagadish and Shrinivas are among nine persons facing charges of irregularities in land allotment of KIADB in B K Halli village to the software company, floated by an aide of Naidu."
Oct 26, 2011 Another probe ordered against Yeddyurappa: "the contract was awarded to R.N.S Jyothi for a whopping Rs.1,033 crore though other bidders had quoted lower cost. In return for getting the contract, R.N.S Jyothi paid Rs.13 crore to Dhavalagiri Developers Ltd, owned by Yeddyurappa's sons B.Y. Vijayendra and B.Y. Raghavendra, and son-in-law R. Sohan Kumar."
Oct 26, 2011 Maharaja seeks oilman’s interest-free credit to remain in air: "In addition to the Rs 26,000 crore bailout package which includes Rs 6,600 crore equity infusion, writing off a substantial chunk of Rs 40,000 crore debts and soft loans, the airline is likely to seek the Pranab Mukherjee-led Group of Ministers’ nod for continuation of interest free credit extended by the state-owned Oil Marketing Companies (OMCs) for another three months."
Oct 26, 2011 CID case may implicate former prime minister - Govt exhumes UKP to needle Gowda: "In what is being perceived as a bid to drag in former prime minister and JD(S) chief HD Deve Gowda in the saga of scams, the state CID on Wednesday registered a case in connection with certain alleged irregularities and financial misappropriation in the Upper Krishna Project (UKP)."
Oct 26, 2011 Report on Upper Bhadra irregularities submitted: "MPCL made two payments to two companies, Rs 2 crore to Sahyadri Health Care and Diagnostic Private Limited and Rs 11 crore to Dhavalagiri Properties Developers Private Limited. While Dhavalagiri Properties is owned by Yeddyurappa’s two sons - B Y Vijayendra and B Y Raghavendra - and son-in-law R N Sohan Kumar, Sahyadri Diagnostics lists Raghavendra, Vijayendra and Sagar Health Care and Diagnostics (with MLA Hemachandra Sagar as chairman) as shareholders in the company."
Oct 25, 2011 UK makes it more difficult to get student visas, bans 1,900 Indian banks: "The list of banks whose statements will not be accepted are categorised as 'Cooperative banks - scheduled urban cooperative banks' and 'Cooperative banks - non- scheduled urban cooperative banks'."
Oct 25, 2011 CBI registers corruption cases against top NCL execs: "The accused, including the chairman-cum-managing director, allegedly resorted to corrupt practices in awarding tenders for the mining equipment and other accessories. They did not take any action against those supplying substandard quality mining equipments to the company."
Oct 25, 2011 CBI registers corruption cases against top NCL execs: "The accused, including the chairman-cum-managing director, allegedly resorted to corrupt practices in awarding tenders for the mining equipment and other accessories. They did not take any action against those supplying substandard quality mining equipments to the company."
Oct 24, 2011 CBI examines BSNL records on Maran's 'exchange': "CBI is scrutinising crucial documents received from Bharat Sanchar Nigam Limited (BSNL) on allocation of over 300 high-capacity telecom lines to former Telecom Minister Dayanidhi Maram's residence that were allegedly used by a private channel owned by his brother."
Oct 24, 2011 Now, BSY's close aide in trouble over land deal: "The Karnataka Lokayukta court on Monday ordered an investigation into Industries Minister Murugesh Nirani's role in land deal."
Oct 24, 2011 INDIA: Administrative neglect and corruption resulted in the death of farmers who lost their land : "The legally illiterate farmers had been informed that they were signing a lease deed of their land for three years to these companies. Instead, the companies were purchasing the land amounting to a total of 358.43 acres between October 2005 and March 2007. The fraud allegedly happened with the connivance of the land registry officials."
Oct 24, 2011 2G case: No bail for Kanimozhi yet: "Two days after charges were framed against them, special CBI judge O P Saini reserved his order on the bail petitions of Kanimozhi, Kalaignar TV MD Sharad Kumar, Directors of Kusegaon Fruits & Vegetables Asif Balwa, Rajiv Agarwal and Bollywood producer Karim Morani."
Oct 23, 2011 Sahara asked to return Rs 24000cr to investors: "However, investors still feel there's very little hope of getting their money back."
Oct 23, 2011 Are you nuts, Mr Jaiswal? Why should CIL fund food security?: "Coal India is today the world’s largest coal producer."
Oct 23, 2011 Probe ‘deal’ between JP Group and Mayawati: SP
Oct 23, 2011 SFIO to have powers to prosecute companies: "The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011"
Oct 23, 2011 Judge Saini raps govt, corporates and delivers 2G bombshell: "the CBI court charged former Telecom minister A Raja, Kanimozhi and former telecom officials with criminal breach of trust that could amount to life imprisonment."
Oct 23, 2011 More trouble for Maran; grant of DTH to Sun Direct under CBI scanner: "After his alleged involvement in the 2G scam and leasing of telephone lines, former telecom minister Dayanidhi Maran's 'role' in sanctioning of spectrum to Sun Direct CBI is now being looked into by the CBI."
Oct 22, 2011 Bihar returns wheat to FCI, says stock was rotten: "Bihar Food Minister also alleged that the Centre held back more than half of the wheat that Bihar had asked for."
Oct 22, 2011 Rlys land deals caught in Adarsh scam shadow: "Feeling the toxic effects of the Adarsh land scam, the Railway Ministry now wants an official ‘licence' to license its own land."
Oct 22, 2011 Highway Robbery: "There is corruption beyond the 2G scam. India’s highways and road construction projects are mired in multi-million financial scandals. Ashish Khetan exposes the builder-official nexus that plagues our roads"
Oct 22, 2011 Corruption, inefficiency eat 25% of CIL output: Sriprakash Jaiswal: "Corruption, inefficiency and low productivity have eaten up at least a quarter of the output of state monopoly Coal India,"
Oct 22, 2011 2G scam: What are the exact charges under section 409?: "Section 409, which is criminal conspiracy and means conviction of life sentence, has been upheld by the Special Court for 14 of the 17 accused."
Oct 22, 2011 Delhi and Mumbai: What unites them is their land scams: "land is the main currency of political and business corruption. Despite having completely different political cultures, Delhi and Mumbai are tied together in land scamming."
Oct 22, 2011 Politician-corporates nexus greatest threat for Indian economy: ""The system got so saturated with corruption that the system itself became a whistleblower."
Oct 22, 2011 2G case: Charges framed against Raja, Kanimozhi and 15 other accused: ""....Thereby, you all committed an offence punishable under Sections 120-B (criminal conspiracy) read with 409 (criminal breach of trust), 420 (cheating) 468 and 471 (forgery) of the Indian Penal Code and Section 7 or in alternative Section 11 read with Section 12 and 13(2) read with 13 (1b) of the Prevention of Corruption Act and within my cognisance,""
Oct 22, 2011 2G conspiracy began after Raja became minister: Court: ""...the conspiracy continued till the last tranche of money, Rs 50 crore, was received by Kalaignar TV on August 7, 2009, as illegal gratification," the judge added. The court said all the accused in the case knew each other from the beginning, much before the plotting began."
Oct 22, 2011 2G: Framing of charges against 17 accused today: "If the 17 accused are charged under criminal breach of trust in the spectrum scam, they can be given a life sentence."
Oct 21, 2011 The rupee has slipped to 50 against the dollar. Here’s why: "The currency has declined 10.8 percent this year,"
Oct 21, 2011 UP land mess: It’s not about the poor, it’s about the best deal: "“Even a horse will laugh at this argument,” the Supreme Court told the Uttar Pradesh government", "By “public purpose” the UP government meant housing complexes with swimming pools, spa and ayurvedic massage parlours.", "“Taking advantage of the Land Acquisition Act, 1894, the state is driving poor people to the wall. This is a sinister anti-people campaign started by many governments, including UP."
Oct 21, 2011 Cong’s 2014 formula: Politics at the cost of economy: "That the UPA has been a disaster on all fronts needs no overstating. If expressions like policy paralysis, governance deficit, leadership vacuum, ego tussle and lack of moral authority keep cropping up in every description of the government,"
Oct 21, 2011 Gr Noida land acqusition: HC raises compensation for farmers: "the court has ordered in inquiry by the chief secretary and name those responsible for forcibly acquiring land by builders and how the UP government bent rule and meddled with the master plan to favor the builders."
Oct 20, 2011 CBI team visits OMC mining area: "Continuing its investigations into illegal mining, a CBI team today visited mining areas of Obulapuram Mining Company (OMC) on the Karnataka-Andhra Pradesh borders."
Oct 18, 2011 Sahara scam: SAT blasts RoC for ‘dereliction of duty’: "The former has been castigated for concealing material facts while filing its application for issuing OFCDs, and the latter for “dereliction of duty.”"
Oct 15, 2011 6 ‘sins’ and 2 sons did him in: "Estimated loss to the exchequer was Rs 34.41 crore and pecuniary benefit was Rs 31.86 crore.", "Estimated loss to the exchequer was Rs 175 crore and pecuniary gain was Rs 3.35 crore."
Oct 15, 2011 Yeddyurappa surrenders, sent ot jail: "Facing imminent arrest, former Karnataka Chief Minister B S Yeddyurappa today (October 15) surrendered before a Lokayukta court here and was sent to jail for a week after he was issued an arrest warrant in connection with alleged land scams."
Oct 15, 2011 BS Yeddyurappa surrenders after evading arrest: "The former Karnataka chief minister was remanded to judicial custody till October 22 in a land denotification scam."
Oct 15, 2011 CJ Exposes Ticketing Scam at ASI Tourist Spot: "Raghvendra exposes a ticketing scam that results in huge losses to ASI. Authorities promise action based on his report."
Oct 15, 2011 BBC: India: BJP ex-chief minister arrested over kickbacks: "A top Indian politician has been arrested over a multi-million dollar corruption scandal", "Mr Yeddyurappa and members of his family were said to have personally gained 1.89bn rupees ($386m). Another 13 people are accused in the same case. Aside from the alleged land scam, the former chief minister also faces accusations over an alleged $3.6bn iron-ore mining fraud."
Oct 15, 2011 Arrest warrant issued against BS Yeddyurappa: "A special Lokayukta court rejected the bail application of the former Karnataka Chief Minister in the land denotification case."
Oct 15, 2011 BS Yeddyurappa arrested, sent to jail: "Yeddyurappa sent to jail for 'land grab'"
Oct 15, 2011 Land scam: Yeddyurappa surrenders, sent to jail: "Facing imminent arrest, former Karnataka Chief Minister B S Yeddyurappa today surrendered before a Lokayukta court here and was sent to judicial custody till October 22 after he was issued an arrest warrant in connection with alleged land scams."
Oct 15, 2011 Pall of gloom descends upon BJP as Yeddyurappa sent to jail: "Sending ripples among the political class, former Karnataka chief minister B S Yeddyurappa was remanded to judicial custody till October 22 and sent to Bangalore Central Jail after he surrendered before the special Lokayukta court here.", "Yeddyurappa's two sons -- Shimoga MP B Y Raghavendra and B Y Vijendra and his son-in-law R N Sohan Kumar were granted conditional bail after each furnished a surety bond of Rs five lakh.""
Oct 14, 2011 LIC loan scam: Fresh CBI probe into DB Realty: "it busted an alleged bribes-for-loans scandal involving LIC Housing Finance, some public sector banks and a host of private companies, the CBI has quantified the loans disbursed in the case at Rs 12,000 crore."
Oct 14, 2011 Illegal mining report: I can't let go my baby, says Santosh Hegde: "I don't understand the reason for constituting a committee involving additional chief secretaries to study my report and suggest action. It's like after a judgment is given by a judge, it's referred to the accused to see whether it's good or bad."
Oct 14, 2011 Review: Aakash tablet disappoints: "Does Aakash, the much touted cheap tablet computer, give you enough bang for your buck?"
Oct 14, 2011 2 states, 2 reports, 1 story: "It's a case of Government rejecting inconvenient truth by rubbishing and dumping reports indicting the respective Governments. It happened in Goa last week when the PAC report on illegal mining was rejected by the Speaker and now the Lokayukta report on illegal mining is rejected by the Karnataka Government. Goa Speaker had rejected PAC Report calling it 'a draft'. Opposition in Karnataka say it is the Government's move to let Yeddyurappa escape punishment."
Oct 14, 2011 Courts can’t discriminate: "There is no reason why India should follow a different standard and thus be known as a country where corporates can walk free after wilfully violating the law of the land."
Oct 14, 2011 Karnataka: BJP buying time on Lokayukta report?: "The government sends back the illegal mining report after two and a half months as Lokayukta post falls vacant."
Oct 14, 2011 Go after mining company owners, SC tells CBI: "The Supreme Court today asked the CBI to go after owners of the companies involved in illegal mining in Karnataka and Andhra Pradesh instead of restricting its investigation to their employees."
Oct 14, 2011 Prominent citizens, scientists move SC to stop work on all n-plants: "The petitioners, who include former Cabinet Secretary T S R Subramanian, former Chief of Naval Staff L Ramdas, former Chief Election Commissioner N Gopalaswami, former Secretary to the Prime Minister K R Venugopal and nuclear scientist P M Bhargava, pleaded an expert nuclear regulator independent of the government be set up to do a comparative cost-benefit analysis vis-à-vis other sources of energy."
Oct 14, 2011 Karnataka Govt returns Lokayukta mining report: "The report resulted in the resignation of former Chief Minister BS Yeddyurappa and 3 other ministers from Bellary."
Oct 14, 2011 Govt didn't take step to prevent 2G scam: SC
Oct 14, 2011 Power problems to get worse across India: "Five of the NTPCs 22 plants nationwide have coal supply for just two days."
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