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Satyam Computer Fraud Grows to $2.5 Billion by Nandini Lakshman

Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing company, the dirt is still tumbling out. On Nov. 24, the country's Central Bureau of Investigation (CBI) released findings that show the alleged fraudulent accounting and embezzlement was far larger than originally thought. Raju and nine accomplices skimmed some $2.5 billion from the...

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New media platforms hold out big promise for newspapers to grow by G Ananthakrishnan

Using the mobile platform to expand audiences and connecting with readers using social media such as Twitter, Facebook and even custom-built tools are important methods for newspapers to grow, speakers at the annual Digital Media Round Table of WAN-IFRA, the global organisation of newspapers and news publishers, said here on Monday. Data from developed markets showed that the compounded annual growth rate for advertising on mobile phones was projected to be...

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Bhopal's economy was stalled by the 1984 gas leak by Jorn Madslien and Ben Richardson

Twenty-five years ago this week, a gas leak at a Union Carbide chemicals plant in Bhopal released 40 tonnes of poisonous gases over the Indian city, killing thousands and injuring tens of thousands. To this day, many of the survivors live in crowded shacks in the slums that line the old factory walls. The people here are not the only ones who have been affected, however. The leak, which is often...

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HAS GREEN REVOLUTION FAILED INDIA'S POOR?

HAS GREEN REVOLUTION FAILED INDIA'S POOR? Green Revolution Vs Rain-fed Farming OVERVIEW: Of late India’s fabled Green Revolution has come under severe attack. Many development thinkers believe that it has unfairly skewed India’s agriculture policy in favour of the farmers whose land is already or potentially covered under irrigation. The basic criticism is that the Green Revolution has been largely irrelevant for India’s 60 per cent cultivable land which is un-irrigated. These...

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The gloves go on

AT THE recent food summit in Rome, President Luiz Inácio Lula da Silva donned a pair of bright-red boxing gloves labelled “Hunger Free” and waved to the cameras. They were his prize—if that is the right term—for Brazil’s success in topping a league table drawn up by ActionAid, a British charity, of countries that have done most to reduce hunger*. The occasion was a stunt, of course, but had a...

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