NDTV, through its foreign subsidiaries, is suspected to be indulging in gross violations of Indian tax and corporate laws. NDTV Network Plc, UK was set up in November 2006. Its balance sheets were not filed in India. This company has raised and invested huge sums of money in its subsidiaries, NDTV Imagine (now sold), NDTV Lifestyle, NDTV Labs, NDTV Convergence and NGEN Media Services. The main activity of the company...

Italy, the United States, Greece, Belgium and the United Kingdom top a list of two dozen developed countries that let their most vulnerable children fall even further behind, with enormous consequences not only for the youngsters themselves but for the economy and society at large, according to a new United Nations report released today.“As debates rage on austerity measures and social spending cuts, the report focuses on the hundreds of...

Protests against a proposed Indian nuclear power plant this weekend highlight a growing problem facing developers, experts say, as the country tries to upgrade or build much-needed infrastructure.Thousands of fishermen, farmers and their families in Jaitapur in western Maharashtra state turned out in force on Saturday to denounce the loss of homes and agricultural land, as well as voice fears about radiation and pollution.The long-running protest has already seen a...

A widening corruption scandal that has touched India’s prime minister sent the country’s stock markets down sharply on Friday and threatened to tarnish the country’s image as a rising economic power. Setting off the turmoil was a report from the country’s auditor earlier this week that about $40 billion in wireless spectrum license fees had been squandered by the government’s telecommunications and information technology minister. On Thursday, India’s Supreme Court criticized...

The Centre today ordered a probe into the leak of lobbyist Niira Radia’s purported phone conversations allegedly tapped by the income tax department. The home ministry announced the probe on the same day Tata group chairman Ratan Tata moved the Supreme Court demanding action against people responsible for leaking the contents of tapes. The Radia tapes feature purported conversations she had with journalists, politicians and industrialists, including Tata. A home ministry spokesperson...