-Tehelka The sentencing of Wall Street wizard Rajat Gupta in the historic insider trading case has led to the fall of a one-time icon for many Indians “This is where destiny is taking me.” This is what former Goldman Sachs Group Inc director, Rajat Gupta, told old friend Pramod Bhasin, as he sat with a glass of scotch in hand, in a mid-town bar in New York. Little did Gupta know how prophetic...
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Plagiarism fells journalist Delhi banked on-KP Nayar
-The Telegraph Fareed Zakaria, long thought of by New Delhi’s leadership as the first American secretary of state of Indian origin in the future, fell from grace yesterday when Time suspended his column in the weekly magazine for plagiarism. CNN, where Zakaria is a star Sunday morning international affairs television host, followed suit with a statement that he wrote a blog post on CNN.com “which included similar unattributed excerpts. That blog post...
More »Media, it’s time to heal thyself-Charles Sampford & Ramesh Thakur
-The Hindu Journalists need to adopt a set of integrity measures in order to police the boundaries between the market and political power Gina Rinehart, Australia’s richest person and the world’s wealthiest woman, is seeking three board seats following her purchase of 18.7 per cent of Fairfax which owns most papers in Australia not controlled by Rupert Murdoch’s News Ltd. There has already been considerable upheaval in two of the Fairfax papers...
More »Media Follies and Supreme Infallibility by Sukumar Muralidharan
The Supreme Court has taken steps to lay down a code for media reporting. This attempt at prior restraint on the media is a dangerous move with precedent from authoritarian polities. In a context where the judiciary has been lax in defending the media from attacks which seek to curb its freedom, such unilateral moves will not remedy bad reporting but rather make conditions worse for the media to play...
More »How did CBI arrive at $500bn black money figure? by Neeraj Chauhan
-The Economic Times While there are ripples in political circles over the estimated black money stashed by Indians in tax havens abroad - as quoted by the Central Bureau of Investigation chief Amar Pratap Singh on Monday - sources say that the agency has arrived at the figure following cross-checking several sources, reports and a rough estimation. "Most of the illegal money abroad forms part of tax evasion by individuals and companies,"...
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