Prime Minister Manmohan Singh offered Monday to appear before a committee investigating a telecommunications scandal that has rocked India’s political establishment. He rejected claims by opposition parties that he had been trying to avoid any questioning. “I wish to state categorically that I have nothing to hide from the public at large,” Mr. Singh said on the final day of a plenary session of the Indian National Congress Party. “As proof...

Prime Minister Manmohan Singh Tuesday said he was aware of the "nervousness in the corporate sector" over phone tapping and asked cabinet secretary KM Chandrasekhar to look into the matter and submit a report within a month. "I am aware of the nervousness in the corporate sector arising out of the powers conferred upon the government authorities to tap the phones for protecting national security and preventing tax evasion and money...

The Finance Ministry has begun its maiden investigation into over 100 offshore "financial structuring deals" undertaken by Indian business entities in foreign tax havens to allegedly evade the taxman's net. The multi-pronged probe has been undertaken by the international taxation wing of the Income Tax department and the foreign taxation unit in the Central Board of Direct Taxes (CBDT). A number of investments and deals to the tune of billions of rupees...

In what is expected to add more teeth to the investigation into the multi-thousand crore foodgrain scam in UP, the Enforcement Directorate (ED) on Tuesday decided to join the CBI investigation. The Allahabad HC had on Friday asked CBI to join the probe into the unprecedented foodgrain pilferage in UP between 2004 and 2007 when Mulayam Singh Yadav was the chief minister. The case relates to the smuggling of grain meant...

The Niira Radia tapes have firmly put  the spotlight of adverse attention on politics and the media. But surprisingly, the loudest voice of protest—which is also a claim of innocence and a warning that the focus on the mud-smeared keeps attention off the real beasts in the 2G story—has come from India Inc. Ratan Tata, head of the Tata group and Radia’s foremost client, calls the leaked tapes “unauthorised” and...