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Jul 20, 2011 India's global image falters on governance deficit and corruption
Jul 20, 2011 Part of judiciary in question vis-à-vis corruption: CPI (M): "Claiming that the corruption is a nexus between politicians, bureaucrats and influential businessmen, the Communist Party of India (M) on Wednesday demanded establishment of judicial commission to probe the corruption in the judiciary, besides the empowerment of state accountability and information commissions."
Jul 20, 2011 Dubious companies: Again and again: "How scamsters vanish, and make comebacks, but the market regulator will do nothing It can only happen in India. Companies that escaped punishment in older scams, continue to be involved in new mischief or dirty deals."
Jul 19, 2011 'India Inc must clean up its act to rid country of graft’
Jul 19, 2011 India Sees Growth Imperiled With Greek-Like Tax Evasion
Jul 17, 2011 AI faces Rs 67,000 crore worth losses and debt: "What is worse is that the ailing national carrier would have to repay a whopping Rs 20,415 crore worth of loans before the end of this fiscal year."
Jul 16, 2011 Companies linked to Jagan under CBI scanner: "The complaints allege that Jagan acquired assets worth hundreds of crores from various companies and individuals as a quid pro quo for the land allotted and licences granted to them at cheap prices for various activities when his father was the chief minister between 2004 and 2009."
Jul 16, 2011 Control inflation, restore investor confidence: India Inc
Jul 16, 2011 Funds Plunge Into India's Uncertain Market
Jul 16, 2011 Logjams hurt India story
Jul 15, 2011 Radia mingled with politicians, corporates for Raja: CBI docs
Jul 15, 2011 Dalal Street shows 'care a damn' attitude to terror strike: "Showing resilience and a care a damn attitude towards the terror strike in the city, it was business as usual in the stock market today."
Jul 12, 2011 CEOs run for exit at scam-tainted cos; finding it hard to land jobs: "In recent times, with so many of India Inc's best-known companies being tainted by scams, Reliance ADAG, real estate companies DB Realty and Unitech, and Kalaignar TV channel in the 2G scam; Satyam Computers embroiled in accounting fraud in 2009, it's hard to know which company is, in fact, 'clean'."
Jul 12, 2011 Karuna TV set to lose tainted realty: "`200 crore alleged bribe paid by DB group promoter Shahid Balwa to Kalaignar TV"
Jul 10, 2011 Home-grown hurdles push firms to invest abroad
Jul 9, 2011 Now, The Oil Stain - By exposing its lesser arm, is the petromin hiding bigger sins?: "“If the CBI does file an FIR indicating DGH links with RIL, then the conglomerate could become a co-accused.”`, `The private sector nexus with the ministry is so strong that many former officials have joined petro companies over the years, some as reward for special ‘favours’. The rot is not restricted to the ministry as the CBI found, with as many as seven officials in the DGH—from a geologist and geophysicist to financial officers—working against the country’s interests. Considering that DGH officials are on deputation from various PSUs, this is indicative of the spreading cancer of corruption."
Jul 8, 2011 2G scam: ED slaps Rs 7,100 crore fine on Etisalat DB: "Swan is facing a separate case under FEMA, penalty for which could exceed Rs 3,600 crore. Loop Mobile India Ltd and Loop Telecom Ltd, S-Tel and Wellcom Communications India Pvt Ltd besides Swan Telecom are the companies against whom the agency has already filed complaints for violating FEMA rules."
Jul 8, 2011 2G case: CBI probe sought against Sibal: "The application filed by Centre for Public Interest Litigation (CPIL) alleged that Sibal reduced the penalty to Rs five crore from Rs 650 crore against Anil Ambani-headed RCOM for violations in the UASL agreement."
Jul 8, 2011 Kapil Sibal defends waiver of RCom penalty: "a petition filed in the Supreme Court accusing him of waiving off a huge penalty on Reliance Communications.", "He, however, was evasive when asked on what basis Rs 50 crore was decided as penalty."
Jul 7, 2011 Anonymous website takes no prisoners on 2G scam: "Power of having big “Surname” in India like Tata, Birla and Ambani — says the recent scams in India not only talk about the free loot of scarce resources, but also show the power of belonging to a wealthy family. “It seems that India has been taken over by corrupt politicians in alliance with corrupt bureaucrats and businessmen,” it says. “A number of PSUs (Balco, VSNL, Modern Food, Hindustan Teleprinters, etc) have been divested at throwaway prices. Since liberalisation, a few industrial houses managed by people having big surnames have grown exceptionally by exploiting India’s scarce resources, be it mines, oil, land, ports or spectrum, in alliance with the political masters.”"
Jul 7, 2011 2G scam - Is CBI gunning for Tata, Ambani next? : "a case against Anil Ambani, and perhaps Ratan Tata, may be imminent"
Jul 7, 2011 Bokaro Steel shames VVIP squatters: "Bokaro Steel today published a notice in newspapers, asking as many as 14 high-profile individuals, including senior politicians like deputy chief minister Hemant Soren, to vacate within two days PSU quarters they have been occupying illegally for years. Apart from Hemant, among the others named in the notice were his brother Basant, Bokaro MLA Samresh Singh, Chandankyari MLA Umakant Rajak and Vishrampur MLA Chandrashekhar Dubey."
Jul 7, 2011 Arun Jaitley blames PM for Maran's induction: "Union Minister of Textiles Dayanidhi Maran resigned from Union Cabinet on Thursday following allegations that he arm-twisted Aircel owner C Sivasankarn to sell his 74 per cent stake to Maxis group of Malaysia."
Jul 7, 2011 Govt paralysis fuelling flight of capital, says Deepak Parekh: ""The government's come to a halt. Bureaucrats, bankers, everybody's scared to take decisions." The next thing he'll tell you: "We are now looking at investing abroad rather than in India.""
Jul 6, 2011 CII frames code of business ethics for its members
Jul 6, 2011 Air India demands VVIP dues from govt: "Air India has approached the government to recover money owed on VVIP operations. The government owes Air India Rs 1,222 crore for the year 2010-2011."
Jul 3, 2011 Sun TV MD arrested in cheating case: "Sun TV is owned by Kalanithi Maran, brother of DMK leader and union Textiles Minister Dayanidhi Maran."
Jul 3, 2011 Sun Pictures COO arrested over cash transaction: "Sun Pictures is owned by Kalanidhi Maran, brother of Union Minister Dayanidhi Maran."
Jul 2, 2011 Is India going off track or staying on course?
Jul 1, 2011 Coal India's Overseas Plans on Hold : "the coal ministry directed Coal India to invest only in listed overseas companies to improve transparency."
Jul 1, 2011 UK anti-bribery law to cover Indian firms: "Bribery picks the pocket of every Indian.”"
Jul 1, 2011 CBI searches ex-regulator's home in RIL costs enquiry: Src: "The Central Bureau of Investigation (CBI) searched the house of a former upstream regulator on Friday, the first investigative action after the CAG said in a report there may have been inflated costs for some of Reliance Industries ' exploration activities."
Jul 1, 2011 Sibal cuts RCom penalties by crores after rural switchoff: "Sibal has whittled down the penalty of Rs 50 crore per circle proposed by the administrator of the Universal Service Obligation Fund (USOF) to a few lakhs for violating its contract to provide mobile services in rural areas. For 13 circles, the fine could have added up to Rs 650 crore."
UK Bribery Act may put additional pressure on some Indian companies: ""a¦Companies must, therefore, ensure that they have performed an enterprise wide corruption risk assessment."
Corruption in India hindering investments: US official
Indian investors wary of 'political' stocks
Corporate nexus in Karuna TV bailout: "Rs 200 cr paid to Kalaignar TV to return kickback to DB Realty"
4 pvt firms helped Kalaignar TV repay Swan's Rs 200 cr: CBI: "the CBI has now reached at the doors of four private companies including UB Group and India Cements. "
Corruption in India hindering investments: US official
Difficult to achieve divestment target in FY12: Analysts: "FIIs are not enthused about the India growth story due to various scams being unearthed, and the inertia with respect to government policies."
India's economy skids as leaders sleep at the wheel: "Foreign direct investment fell 28.5 percent in 2010/11, while India's main stock index has fallen nearly 12 percent since mid-November, when the corruption scandals began to unravel."
Air India faces turbulent flight to survival: "Air India, a relic of state ownership threatened by losses, bloated costs and more nimble rivals, needs to secure a massive debt and operational overhaul if it is to survive in a market growing at 20 per cent a year."
Will probe Reliance gas deal with open mind: Oil Minister
cag report: fallout A Rigged Pipeline: "The petroleum ministry is accused of a Mukesh Ambani bias"
FIIs get edgy on India investment: "Over the last few months, India has witnessed a series of arrests of high-profile people, including former ministers and MPs, for their alleged involvement in a number of scams. This has taken a heavy toll on the Congress-led UPA government with even its own ministers admitting governance deficit, and there is a near-total policy freeze. "
Corruption poses major challenge for Indian companies: US diplomat: "A senior US diplomat Friday quoting a World Bank report to say that corruption and lack of transparency posed major challenges to Indian companies."
'Crony capitalism deal between Oil ministry, RIL'
Investors play a waiting game as India battles corruption, inflation
Political inaction leaves Indian economy rudderless: "INDIA'S central government, convulsed by a series of corruption scandals"
How to fix corruption issues in India's real estate sector
Corruption still a major problem for Canadian trade dreams in India
Dayanidhi Maran forced me to sell stake: Aircel promoter
CBI searches premises of MTNL and HCL officials
SBI breaches RBI norms on RIL exposure again
2G scam: ED likely to attach DB Realty's assets: "CBI proposal to the ED is essentially to recover Rs 200 crore that DB Realty allegedly paid as bribe to Kalaignar TV."
Govt favoured RIL in K-G deal: CAG report : "The CAG report states that the govt favoured Mukesh Ambani and the exchequer bore the loss."
OECD prescribes remedy for tackling corruption in India
India Inc. finds India hostile
Scams have hobbled reforms and economic growth is in peril: ET Survey
China Post - India firms lose faith in government: survey
Absence of governance & reforms hurts India Inc
The Business podcast: Corruption and wealth in the new India
ABC of new Indian economy: "A: Aam aadmi", "B: Black money", "C: Corruption"
Plumber gets Rs 6.5cr I-T notice
Airtel tops in consumer complaints list
‘German firms feel India’s image dented by scams’
Goin’ The Way Of The Ostrich : "Public fury and government reaction has the corporate sector burying its heads in the sand", "Attack on Crony Capital", "Corporates have climbed from 7th/8th on the corruption perception index of media thinktank CMS, to a higher 3rd/4th position. "
ED files case against Amar, Big B gets notice: "The ED had started an investigation into six fake companies in which Amitabh Bachchan is a major shareholder along with Amar Singh and his wife Pankaja."
Airlines in India disallow blind from flying: "Jet Airways stopped Preeti from boarding its flight all because she is blind."
Aircel licences under CBI scanner
Sun TV, SpiceJet tumble on bourses over telecom lawsuit report
RBI Tells Banks to Step Up Fight Against Corruption
Now, Bollywood biggie Karim Morani lands in jail
2G scam: Order reserved on Kanimozhi's bail plea, Karim Morani sent to jail: ""Cineyug Films Director Karim Morani, an accused in the 2G spectrum case, was on Monday arrested and taken into judicial custody", "The CBI had alleged that Morani took six crore for facilitating the Rs 200 crore transaction.""
2G: CBI seeks info on RCom from Mauritius: ""The noose is tightening around Reliance Communications and Loop telecom in the 2G scam. ""
For old indian industries news, please click in the sub-menu navigation bar above
| First Prev 41 42 43 44 45 |
Jul 20, 2011 India's global image falters on governance deficit and corruption
Jul 20, 2011 Part of judiciary in question vis-à-vis corruption: CPI (M): "Claiming that the corruption is a nexus between politicians, bureaucrats and influential businessmen, the Communist Party of India (M) on Wednesday demanded establishment of judicial commission to probe the corruption in the judiciary, besides the empowerment of state accountability and information commissions."
Jul 20, 2011 Dubious companies: Again and again: "How scamsters vanish, and make comebacks, but the market regulator will do nothing It can only happen in India. Companies that escaped punishment in older scams, continue to be involved in new mischief or dirty deals."
Jul 19, 2011 'India Inc must clean up its act to rid country of graft’
Jul 19, 2011 India Sees Growth Imperiled With Greek-Like Tax Evasion
Jul 17, 2011 AI faces Rs 67,000 crore worth losses and debt: "What is worse is that the ailing national carrier would have to repay a whopping Rs 20,415 crore worth of loans before the end of this fiscal year."
Jul 16, 2011 Companies linked to Jagan under CBI scanner: "The complaints allege that Jagan acquired assets worth hundreds of crores from various companies and individuals as a quid pro quo for the land allotted and licences granted to them at cheap prices for various activities when his father was the chief minister between 2004 and 2009."
Jul 16, 2011 Control inflation, restore investor confidence: India Inc
Jul 16, 2011 Funds Plunge Into India's Uncertain Market
Jul 16, 2011 Logjams hurt India story
Jul 15, 2011 Radia mingled with politicians, corporates for Raja: CBI docs
Jul 15, 2011 Dalal Street shows 'care a damn' attitude to terror strike: "Showing resilience and a care a damn attitude towards the terror strike in the city, it was business as usual in the stock market today."
Jul 12, 2011 CEOs run for exit at scam-tainted cos; finding it hard to land jobs: "In recent times, with so many of India Inc's best-known companies being tainted by scams, Reliance ADAG, real estate companies DB Realty and Unitech, and Kalaignar TV channel in the 2G scam; Satyam Computers embroiled in accounting fraud in 2009, it's hard to know which company is, in fact, 'clean'."
Jul 12, 2011 Karuna TV set to lose tainted realty: "`200 crore alleged bribe paid by DB group promoter Shahid Balwa to Kalaignar TV"
Jul 10, 2011 Home-grown hurdles push firms to invest abroad
Jul 9, 2011 Now, The Oil Stain - By exposing its lesser arm, is the petromin hiding bigger sins?: "“If the CBI does file an FIR indicating DGH links with RIL, then the conglomerate could become a co-accused.”`, `The private sector nexus with the ministry is so strong that many former officials have joined petro companies over the years, some as reward for special ‘favours’. The rot is not restricted to the ministry as the CBI found, with as many as seven officials in the DGH—from a geologist and geophysicist to financial officers—working against the country’s interests. Considering that DGH officials are on deputation from various PSUs, this is indicative of the spreading cancer of corruption."
Jul 8, 2011 2G scam: ED slaps Rs 7,100 crore fine on Etisalat DB: "Swan is facing a separate case under FEMA, penalty for which could exceed Rs 3,600 crore. Loop Mobile India Ltd and Loop Telecom Ltd, S-Tel and Wellcom Communications India Pvt Ltd besides Swan Telecom are the companies against whom the agency has already filed complaints for violating FEMA rules."
Jul 8, 2011 2G case: CBI probe sought against Sibal: "The application filed by Centre for Public Interest Litigation (CPIL) alleged that Sibal reduced the penalty to Rs five crore from Rs 650 crore against Anil Ambani-headed RCOM for violations in the UASL agreement."
Jul 8, 2011 Kapil Sibal defends waiver of RCom penalty: "a petition filed in the Supreme Court accusing him of waiving off a huge penalty on Reliance Communications.", "He, however, was evasive when asked on what basis Rs 50 crore was decided as penalty."
Jul 7, 2011 Anonymous website takes no prisoners on 2G scam: "Power of having big “Surname” in India like Tata, Birla and Ambani — says the recent scams in India not only talk about the free loot of scarce resources, but also show the power of belonging to a wealthy family. “It seems that India has been taken over by corrupt politicians in alliance with corrupt bureaucrats and businessmen,” it says. “A number of PSUs (Balco, VSNL, Modern Food, Hindustan Teleprinters, etc) have been divested at throwaway prices. Since liberalisation, a few industrial houses managed by people having big surnames have grown exceptionally by exploiting India’s scarce resources, be it mines, oil, land, ports or spectrum, in alliance with the political masters.”"
Jul 7, 2011 2G scam - Is CBI gunning for Tata, Ambani next? : "a case against Anil Ambani, and perhaps Ratan Tata, may be imminent"
Jul 7, 2011 Bokaro Steel shames VVIP squatters: "Bokaro Steel today published a notice in newspapers, asking as many as 14 high-profile individuals, including senior politicians like deputy chief minister Hemant Soren, to vacate within two days PSU quarters they have been occupying illegally for years. Apart from Hemant, among the others named in the notice were his brother Basant, Bokaro MLA Samresh Singh, Chandankyari MLA Umakant Rajak and Vishrampur MLA Chandrashekhar Dubey."
Jul 7, 2011 Arun Jaitley blames PM for Maran's induction: "Union Minister of Textiles Dayanidhi Maran resigned from Union Cabinet on Thursday following allegations that he arm-twisted Aircel owner C Sivasankarn to sell his 74 per cent stake to Maxis group of Malaysia."
Jul 7, 2011 Govt paralysis fuelling flight of capital, says Deepak Parekh: ""The government's come to a halt. Bureaucrats, bankers, everybody's scared to take decisions." The next thing he'll tell you: "We are now looking at investing abroad rather than in India.""
Jul 6, 2011 CII frames code of business ethics for its members
Jul 6, 2011 Air India demands VVIP dues from govt: "Air India has approached the government to recover money owed on VVIP operations. The government owes Air India Rs 1,222 crore for the year 2010-2011."
Jul 3, 2011 Sun TV MD arrested in cheating case: "Sun TV is owned by Kalanithi Maran, brother of DMK leader and union Textiles Minister Dayanidhi Maran."
Jul 3, 2011 Sun Pictures COO arrested over cash transaction: "Sun Pictures is owned by Kalanidhi Maran, brother of Union Minister Dayanidhi Maran."
Jul 2, 2011 Is India going off track or staying on course?
Jul 1, 2011 Coal India's Overseas Plans on Hold : "the coal ministry directed Coal India to invest only in listed overseas companies to improve transparency."
Jul 1, 2011 UK anti-bribery law to cover Indian firms: "Bribery picks the pocket of every Indian.”"
Jul 1, 2011 CBI searches ex-regulator's home in RIL costs enquiry: Src: "The Central Bureau of Investigation (CBI) searched the house of a former upstream regulator on Friday, the first investigative action after the CAG said in a report there may have been inflated costs for some of Reliance Industries ' exploration activities."
Jul 1, 2011 Sibal cuts RCom penalties by crores after rural switchoff: "Sibal has whittled down the penalty of Rs 50 crore per circle proposed by the administrator of the Universal Service Obligation Fund (USOF) to a few lakhs for violating its contract to provide mobile services in rural areas. For 13 circles, the fine could have added up to Rs 650 crore."
UK Bribery Act may put additional pressure on some Indian companies: ""a¦Companies must, therefore, ensure that they have performed an enterprise wide corruption risk assessment."
Corruption in India hindering investments: US official
Indian investors wary of 'political' stocks
Corporate nexus in Karuna TV bailout: "Rs 200 cr paid to Kalaignar TV to return kickback to DB Realty"
4 pvt firms helped Kalaignar TV repay Swan's Rs 200 cr: CBI: "the CBI has now reached at the doors of four private companies including UB Group and India Cements. "
Corruption in India hindering investments: US official
Difficult to achieve divestment target in FY12: Analysts: "FIIs are not enthused about the India growth story due to various scams being unearthed, and the inertia with respect to government policies."
India's economy skids as leaders sleep at the wheel: "Foreign direct investment fell 28.5 percent in 2010/11, while India's main stock index has fallen nearly 12 percent since mid-November, when the corruption scandals began to unravel."
Air India faces turbulent flight to survival: "Air India, a relic of state ownership threatened by losses, bloated costs and more nimble rivals, needs to secure a massive debt and operational overhaul if it is to survive in a market growing at 20 per cent a year."
Will probe Reliance gas deal with open mind: Oil Minister
cag report: fallout A Rigged Pipeline: "The petroleum ministry is accused of a Mukesh Ambani bias"
FIIs get edgy on India investment: "Over the last few months, India has witnessed a series of arrests of high-profile people, including former ministers and MPs, for their alleged involvement in a number of scams. This has taken a heavy toll on the Congress-led UPA government with even its own ministers admitting governance deficit, and there is a near-total policy freeze. "
Corruption poses major challenge for Indian companies: US diplomat: "A senior US diplomat Friday quoting a World Bank report to say that corruption and lack of transparency posed major challenges to Indian companies."
'Crony capitalism deal between Oil ministry, RIL'
Investors play a waiting game as India battles corruption, inflation
Political inaction leaves Indian economy rudderless: "INDIA'S central government, convulsed by a series of corruption scandals"
How to fix corruption issues in India's real estate sector
Corruption still a major problem for Canadian trade dreams in India
Dayanidhi Maran forced me to sell stake: Aircel promoter
CBI searches premises of MTNL and HCL officials
SBI breaches RBI norms on RIL exposure again
2G scam: ED likely to attach DB Realty's assets: "CBI proposal to the ED is essentially to recover Rs 200 crore that DB Realty allegedly paid as bribe to Kalaignar TV."
Govt favoured RIL in K-G deal: CAG report : "The CAG report states that the govt favoured Mukesh Ambani and the exchequer bore the loss."
OECD prescribes remedy for tackling corruption in India
India Inc. finds India hostile
Scams have hobbled reforms and economic growth is in peril: ET Survey
China Post - India firms lose faith in government: survey
Absence of governance & reforms hurts India Inc
The Business podcast: Corruption and wealth in the new India
ABC of new Indian economy: "A: Aam aadmi", "B: Black money", "C: Corruption"
Plumber gets Rs 6.5cr I-T notice
Airtel tops in consumer complaints list
‘German firms feel India’s image dented by scams’
Goin’ The Way Of The Ostrich : "Public fury and government reaction has the corporate sector burying its heads in the sand", "Attack on Crony Capital", "Corporates have climbed from 7th/8th on the corruption perception index of media thinktank CMS, to a higher 3rd/4th position. "
ED files case against Amar, Big B gets notice: "The ED had started an investigation into six fake companies in which Amitabh Bachchan is a major shareholder along with Amar Singh and his wife Pankaja."
Airlines in India disallow blind from flying: "Jet Airways stopped Preeti from boarding its flight all because she is blind."
Aircel licences under CBI scanner
Sun TV, SpiceJet tumble on bourses over telecom lawsuit report
RBI Tells Banks to Step Up Fight Against Corruption
Now, Bollywood biggie Karim Morani lands in jail
2G scam: Order reserved on Kanimozhi's bail plea, Karim Morani sent to jail: ""Cineyug Films Director Karim Morani, an accused in the 2G spectrum case, was on Monday arrested and taken into judicial custody", "The CBI had alleged that Morani took six crore for facilitating the Rs 200 crore transaction.""
2G: CBI seeks info on RCom from Mauritius: ""The noose is tightening around Reliance Communications and Loop telecom in the 2G scam. ""
| First Prev 41 42 43 44 45 |