The government's Auditor has accused Mukesh Ambani's Reliance Industries Ltd of violating terms of the contract for its showcase Andhra offshore acreage and expressed doubt over the costs at which India's biggest private sector oil company contracted goods and services for bringing the largest gas discovery into production. The Comptroller and Auditor General's final report on a special Audit of Reliance's Krishna-Godavari basin fields, presented to Parliament on Thursday, also suggests...

-The Telegraph   The Comptroller and Auditor General (CAG) has slammed the petroleum ministry for failing to take back 25 per cent of the acreage of the KG-D6 oil and gas block off the Andhra coast from Reliance Industries after it reneged on its drilling obligations. The long-awaited report from the CAG based on a detailed performance Audit of the country’s hydrocarbon production sharing contracts was tabled in Parliament today. The nation’s Auditor surprisingly...

Interview with social activist and Team Anna member Arvind Kejriwal. THE organisational abilities of Arvind Kejriwal exhibited during the recent Jan Lokpal Bill movement earned him the sobriquet “Field Marshal of a peaceful agitation”. The social activist and Ramon Magsaysay Award winner played a significant role in conceiving the slogans, the symbolism and the trajectory of the movement. He is credited with anticipating some of the moves of the government...

-The Times of India   Picking holes in some decisions made by the home ministry, the Comptroller and Auditor General of India has pointed out that the ministry had incurred an "avoidable expenditure" of more than Rs 9 crore by flying helicopters from Delhi to the North-East and Jammu and Kashmir to aid its troops deployed in operations. Besides, it has also rapped the ministry and its police wireless wing for incurring an...

-The Times of India   The government plans to bring forward legislation to implement key transparency measures in procurement, exploitation of natural resources and electoral reform in the winter session of Parliament. A meeting of the group of ministers (GoM) on corruption on Tuesday evening decided to move forward on anti-graft measures that it has been considering for some time now. The Vinod Dhall and Ashok Chawla committee recommendations on procurement and natural...