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...

Contractors complete the work by employing some other labourers and using machines An inquiry into the lathi-charge on protesting farmers in Koppal has brought to light the nexus between contractors and labourers. The inquiry conducted by the Koppal taluk panchayat executive officer in all the five gram panchayats - Boodagumpa, Irkalgad, Hasgal, Indargi and Madinur - has revealed that the labourers who staged the protest had not registered themselves seeking jobs under...

An evaluation of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in the State has found several shortcomings in the implementation including corruption, inefficiency and lack of awareness about the programme. The draft of the evaluation, conducted by two researchers of the National Institute for Advanced Studies (NIAS) has found that while the rules stipulate that each worker entitled to get 100 days of employment under the scheme should have...

Amid technical and infrastructural constraints, Maharashtra has rolled out 1.2 million Aadhaars, but the beneficiaries have been able to make little use of these numbers Ashok Bhil, a 25-year-old graduate from Navalpur, 7 Km from Tembhli, is disappointed with the way the Unique Identification Authority of India (UIDAI) is rolling out Aadhaar in Maharashtra. Last September, the United Progressive Alliance (UPA) government chose Tembhli, a small village in the predominantly tribal Nandurbar...

The Comptroller and Auditor General (CAG) of India has cornered the state government, which had recently demanded a special package of Rs 2,500 crore for frost-hit farmers, in its report tabled in state Assembly today. The CAG has found gross irregularities, non-implementation of schemes, weak budgetary and expenditure controls in both original and supplementary budgets, rush of expenditure at the close of the financial year and underutilisation of central assistance. “The targets...