As protests against the plan to bifurcate Andhra Pradesh continued during the third day of the bandh in coastal Andhra and Rayalaseema regions, agitators in Nellore closed the gates of the Kandaleru reservoir of the Telugu Ganga project for the second consecutive day and stopped release of water to Chennai for some time before irrigation officials intervened and re-opened them. In Vijayawada, Telugu Desam Party leaders, including two MLAs, launched...
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Satyam Computer Fraud Grows to $2.5 Billion by Nandini Lakshman
Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing company, the dirt is still tumbling out. On Nov. 24, the country's Central Bureau of Investigation (CBI) released findings that show the alleged fraudulent accounting and embezzlement was far larger than originally thought. Raju and nine accomplices skimmed some $2.5 billion from the...
More »Newspapers asked to evolve revenue model without compromising on mission
Debate at Annual Press Freedom Round Table centred on revenue-content divide Hyderabad: As the print medium faces a steep decline in advertisement revenue in the wake of the economic slowdown, the debate over whether business interests or editorial content should dominate the content in newspapers continues to take centre-stage. The issue — which formed the core of the Annual Press Freedom Round Table on the theme “Free Press: what good is...
More »IFAD chief says climate change threat is very real by Gargi Parsai
Without crop varieties adapting to extremes of weather, feeding world population will be difficult Shortage of water resources will be one of the greatest problems NEW DELHI: “The threat of climate change and its impact on agriculture is real. We have evidence that by 2025 in some parts of the world including India, parts of Asia and parts of Africa, crop yields will drop from anything between 20 and 40 per cent...
More »More on election-time media malpractices
Reader responses to last week’s column on media-related malpractices during elections throw further light on this serious issue, which is now before the Press Council of India. Some of them contend that the alleged malpractices were neither new nor confined to Andhra Pradesh and Maharashtra. No less shocking than the “coverage package” of Maharashtra or the “cash transfer scheme” of Andhra Pradesh is the “power of extraction” that allegedly played...
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