The Commonwealth Games were no showcase, but a mirror of India 2010. If they presented anything, it was this — Indian crony, casino capitalism at its most vigorous. The Commonwealth Games over, we can now return to those of everyday Indian life. For all the protests, though, there was nothing in the corruption that marked the Games that does not permeate every town and city, all the time. Just that, in...
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A right and wrongs by V Venkatesan
The RTI Act needs strengthening, but activists oppose the government's proposals as they suspect its intentions. AN Act is usually amended to address certain concerns that come up during its implementation. However, the beneficiaries of the Right to Information Act, 2005, oppose any amendment to the Act, because they suspect the government's intentions. The Department of Personnel and Training (DoPT) admitted to considering 11 amendments to the Act in a letter to...
More »ED launches probe in Rs 250cr pulses scam by Pradeep Thakur
In an attempt to crackdown on speculators and hoarders within the country, suspected to be in league with international operators in driving up the prices of pulses and other food items, the Enforcement Directorate (ED) has taken up the investigation of the Rs 250-crore pulses scam with the agency questioning Naresh Jain, an alleged associate of international don Dawood Ibrahim. Jain was last month arrested by the Narcotics Control Bureau...
More »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...
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