The right step would be for Manmohan Singh to visit Jantar Mantar without further loss of time to persuade the Gandhian to call off his fast, and also explore a compromise. Jantar Mantar in New Delhi is a hot favourite of the average tourist in the summer season. As the temperatures soar this year, the monument is drawing even greater crowds, mainly to savour the electric atmosphere generated by a 72-year-old...
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Anna Hazare's fast against corruption strikes huge chord
In two hundred cities across India on Tuesday, thousands of college students, young Executives and housewives joined a campaign that asks the government to enact an important new law to fight corruption. At the centre of the movement is respected social activist Anna Hazare who has begun a hunger strike that he says will not end till the government proves its commitment to the Jan Lokpal Bill (Citizen's Ombudsman Bill). What...
More »Hazare insists on joint panel to draft Lokpal Bill
72-year-old Hazare, who has lost 1.5 kg in the past three days, said there was no need for anyone to worry about his health as he can go with the fast for another seven days As his fast-unto-death on the Lokpal issue entered the third day, Gandhian Anna Hazare on Thursday stuck to the demand for a joint committee of civil society members and government representatives to draft a strong Lokpal...
More »Satyam and PwC are fined in US for accounting fraud
Satyam Computer Services and its former auditor PricewaterCoopers (PwC) have agreed to pay a combined $17.5m (£10.7m) in fines in the US after one of India's biggest corporate scandals. Satyam, an outsourcing company, will pay $10m for falsely reporting more than $1bn in profits over five years. The company's chairman Ramalinga Raju admitted to the fraud in 2009. Satyam's shares were indirectly traded on the New York Stock Exchange (NYSE) as well as...
More »PMO appeals to Hazare to give up fast plan by Smita Gupta
National Advisory Council starts discussions on Lokpal Bill The Prime Minister's Office (PMO), late on Monday evening, issued an appeal to noted social worker Anna Hazare to abandon the hunger strike he had announced he would resort to, starting Tuesday, to force the government to accept his version of the Lokpal Bill. The appeal came a few hours after the National Advisory Council (NAC)'s Working Group on Transparency and Accountability met civil...
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