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Andhra’s list: ‘unapproved’ 43

-The Telegraph Hyderabad: Forty-three institutions in Andhra Pradesh figure on technical education regulator AICTE’s “unapproved list”, in a further blow to the state where engineering education touched its nadir this year. The list includes the Indian School of Business (ISB), founded by former McKinsey chief Rajat Gupta, who has been convicted of insider trading. The ISB has, however, never sought approval from the regulator, so it wouldn’t be affected by the All India...

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The Dark And The Sublime: The Story Of Rajat Gupta-Shaili Chopra

-Tehelka The sentencing of Wall Street wizard Rajat Gupta in the historic insider trading case has led to the fall of a one-time icon for many Indians “This is where destiny is taking me.” This is what former Goldman Sachs Group Inc director, Rajat Gupta, told old friend Pramod Bhasin, as he sat with a glass of scotch in hand, in a mid-town bar in New York. Little did Gupta know how prophetic...

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Financial lapses in MNREGS implementation in MP: report

-The Indian Express Various financial irregularities have been found in the implementation of the country's flagship MNREGS in many districts of Madhya Pradesh, according to an audit report. The report on Mahatma Gandhi National Rural Employment Guarantee Scheme accounts for 2010-11, submitted to the state government in August, reveals financial discrepancies worth crores of rupees by the district in-charges. "In the audited account of 2010-11 of district office of Chhindwara, we have noted...

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MoEF orders: 3 Cong govts seek review -DK Singh

-The Indian Express Governments of three Congress-ruled states — Maharashtra, Haryana and Uttarakhand — have written to Minister for Environment and Forests Jayanthi Natarajan seeking a review of her tough orders that have led to the stalling of key infrastructural projects and slowed down job creation. Earlier this year, the environment ministry had issued guidelines fixing the minimum width of roads between highrises 15-30 metres tall at 15 m, for 45-60 m...

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Story in a sentence

-The Indian Express The Rajat Gupta case provokes a question: Could the Indian system handle such a situation as well? Rajat Gupta has got two years in prison for insider trading, a fraction of the term sought by the prosecution. It is a fair sentence, delivered without regard for the multiple pressures that had been brought to bear on this much-publicised case. The handling of the case — among about 60 others...

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