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...

NIIRA RADIA, the lobbyist at the heart of India’s audacious multi-billion telecom swindle, inaugurated a Krishna temple she funded in south Delhi on her birthday — that, interestingly, coincides with Indira Gandhi’s. Those present on the occasion said Radia prayed for long, presumably seeking divine intervention to wriggle out of the country’s biggest scandal. Before the temple visit, notices from the country’s Enforcement Directorate (ED), Income Tax (IT) Department and the...

Tata group chief Ratan Tata today approached the Supreme Court seeking action against those involved in the leakage of tapes containing his conversation with corporate lobbyist Nira Radia. Tata, in the petition, has contended that the leakage of the tapes have infringed upon his fundamental Right to Life, which includes right to privacy. Tata has made the central government a party in his petition. Some of the conversation between Tata and Radia, whose...

By marrying traditional wisdom with scientific knowledge, India needs to create dynamic, location-specific content, and build the capacities of local people to make meaningful use of communication technologies for rural development, M.S. Swaminathan, chairperson the M.S. Swaminathan Research Foundation (MSSRF), said here on Saturday. He was speaking at the ‘7th Convention of the Grameen Gyan Abhiyan – Rural Knowledge Movement' on Information Communication Technology (ICT) and Food, Health and Livelihood Security...