-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development.   Following the notice, which is one of the biggest transfer pricing orders...

-Frontline While the broadcast media often arrogates to itself the right to speak in the name of the nation, catering to their “customers” in the process, intellectuals have a duty to question such practices and resist being co-opted by the channels. It may not be far-fetched to speak in terms of a new “mediacracy” riding the airwaves. The movers and shakers perched on the prime time news shows on Television seem,...

-The Hindu In the Television newsroom, the promoter’s fancies and political preferences have taken precedence over editorial judgement The Zee “extortion” case in which the news network is alleged to have demanded Rs.100 crore in return for rolling back its campaign against steel tycoon Navin Jindal’s “misdemeanours” in coal block allocations (for the family owned Jindal Steel & Power Limited or JSPL), is a deeply layered story that deserves a closer look...

-The Business Standard News TV's martial music drowns out its responsibilities It should go without saying that the media has a role in informing and educating a citizenry about the issues of the day, providing background, context and holding the powerful to account. A case study in how not to go about this is currently being provided by the electronic media in its coverage of recent raids and counter-raids on the Line...

-Outlook Taking a strong stand against the statements made by some politicians after the Delhi gang rape incident, Union Minister Jairam Ramesh today said such people should be asked to "go home". The minister said he felt "diminished as a human being" after the December incident which has hurt India's image across the world. "None of us have come out of this looking good. Personally as a man, as an Indian, I felt...