-Outlook After Tatas, Infosys founder Narayana Murthy today said he has not given donation to Arvind Kejriwal for political activities and had declined a request from him for financial assistance two months ago. Murthy had in 2008 agreed to give Kejriwal's Public Cause Research Foundation Rs 25 lakh per year for five years and brought Tata Social Welfare Trust on board to donate an equal amount for the same period to raise...

-Mail Today   THE edifice of Arvind Kejriwal’s guerilla war on politicians and big business has been bankrolled by corporate big wigs who donated to his Public Cause Research Foundation. India Against Corruption, which has unfurled the banner of revolt against all- pervasive corruption, actually draws its lineage from Public Cause Research Foundation. And if you were wondering where the movement got sustenance from, strangely it came from a combination of businessmen and bankers. They...

-Outlook Former Chief Election Commissioner S Y Quraishi has proposed mandatory annual audit of funds and donations received by political parties. "We want all political funding should be transparent and checked. There should be annual compulsory audits by an independent auditor to be picked up from a panel suggested by the Election Commission," Quraishi told PTI. He said the report of such audit should be put in the public domain. "Everybody will be able...

-The Times of India The Election Commission (EC) has asked the Union home ministry to probe the alleged violation of the Foreign Contribution Regulation Act (FCRA) by both the Congress and the BJP by receiving donations of about Rs 5 crore each from Vedanta Group subsidiaries — Sterlite Industries and Sesa Goa. Nirvachan Sadan sources told TOI that the Representation of People Act (RPA) debarred political parties from receiving contribution for a...

-Outlook The Election Commission has come across instances of suspected violations of the Foreign Contribution Regulation Act by Congress and the BJP in their acceptance of donations from subsidiaries of multi-national firm Vedanta group. An investigation by the EC, carried out with the help of the I-T department, has found that both the parties had received about Rs 5 crore each from two subsidiaries of the Vedanta group -- Sterlite Industries and...