-The Economic Times NEW DELHI: The Central Bureau of Investigation (CBI) has said Walmart's $100-million investment in Cedar Support Services, the holding company of Bharti Retail, in 2010, violated India's foreign exchange rules as well as Reserve Bank of India (RBI) guidelines but said as these violations did not fall within its purview, it cannot investigate the matter. "The case was analysed which reveals violations of RBI guidelines and Fema regulations," the...

-The Times of India   NEW DELHI: Former chief election commissioner N Gopalaswamy and ex-Admirals R H Tahiliani and L Ramdas along with six other eminent persons on Monday petitioned the Supreme Court challenging appointment of former defence secretary Sashi Kant Sharma as the Comptroller and Auditor General (CAG). This is the second PIL within a fortnight, and follows one filed by advocate M L Sharma, who, too, had challenged the discretion vested...

-PTI The Central Vigilance Commission (CVC) has sought a detailed report from the CBI over the Centre's interference in its investigation into the coal blocks allocation scam. The CBI has also been asked to submit its latest status report on the case to the commission, official sources said on Thursday, adding the CVC has taken cognizance of reports citing interference in CBI's probe in the coal blocks allocation case. The move came after...

-The Business Standard Comptroller & Auditor General Vinod Rai, who has put the government on the mat several times in the past three years, says an auditor is meant to be adversarial. On the sidelines of the inauguration of the International Centre for Environment Audit and Sustainable Development in Jaipur on Saturday, Rai, whose term as the CAG ends on May 22, spoke to journalists about his stint, retirement plans and...

-The Economic Times The CBI manual contradicts the government's stance that it did no wrong in vetting the draft status report of the agency's probe in the coal allocation case, say legal experts, former CBI officials and activists. The manual says while CBI's superintendence is vested in the central government, its supervising authority is the Central Vigilance Commission in case of investigation of offences alleged to have been committed under the...