The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011, expected to be cleared by the Union Cabinet before Diwali.  The bill also envisages rotation of company auditors for higher accountability, corporate social responsibility, a more effective regulation of related party transactions and stricter provisions to prevent siphoning of funds through subsidiary and associate companies.  The government expects the bill to modernise,...

In a setback to the police, Ahmedabad sessions court today granted bail to jailed IPS officer Sanjiv Bhatt, who was arrested on September 30, based on a complaint filed by a police constable. Bhatt was accused of forcing a police constable KD Pant to file a false affidavit supporting his claim that Bhatt had attended the meeting called by the chief minister after Godhra train carnage. He was also accused...

Five years after it had upheld the expulsion of 11 MPs in the cash-for-questions scam, the Supreme Court on Monday dismissed the Delhi police's bid to prosecute the two journalists who had conducted the sting operation. As a corollary, a 2010 Delhi high court ruling that corruption can be exposed by undercover journalists without informing authorities has attained finality. A bench headed by Justice Aftab Alam dismissed the special leave petition filed...

Full text of the speech delivered by the Comptroller and Auditor General to young police officers at the Sardar Vallabhbhai Patel National Police Academy in Hyderabad on October 11, 2011. I am happy to be present today at this premiere training institution to address a group of young officers at the threshold of their careers, as well as senior officers occupying responsible positions in the State Police forces. In a world...

-Express News Service   A Mumbai-based RTI activist, who had sought information on various issues including the Adarsh Society scam, was found unconscious by roadside at Palsana in Surat district on Sunday. He later told the police that he was abducted by a gang in Mumbai. Santosh Tiwari (42), a former employee of the Central Industrial Security Force (CISF) who now works as a security consultant for a private firm, was found unconscious...