The Radia tapes reveal the networks and routers, the source codes and malware that bind the corporate and political establishments in India. As squeamish schoolchildren know only too well, dissection is a messy business. Some instinctively turn away, others become nauseous or scared. Not everyone can stomach first hand the inner workings of an organic system. Ten days ago, a scalpel — in the form of a set of 104 intercepted...
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India Stocks Sink on Telecommunications Scandal by Heather Timmons
A widening corruption scandal that has touched India’s prime minister sent the country’s stock markets down sharply on Friday and threatened to tarnish the country’s image as a rising economic power. Setting off the turmoil was a report from the country’s auditor earlier this week that about $40 billion in wireless spectrum license fees had been squandered by the government’s telecommunications and information technology minister. On Thursday, India’s Supreme Court criticized...
More »Her Sinister Ring Tone by Shantanu Guha Ray
NIIRA RADIA, the lobbyist at the heart of India’s audacious multi-billion telecom swindle, inaugurated a Krishna temple she funded in south Delhi on her birthday — that, interestingly, coincides with Indira Gandhi’s. Those present on the occasion said Radia prayed for long, presumably seeking divine intervention to wriggle out of the country’s biggest scandal. Before the temple visit, notices from the country’s Enforcement Directorate (ED), Income Tax (IT) Department and the...
More »The Girl Who Was Once Nira Sharma by Sunit Arora
* Moved to London from Kenya in the 1970s. Schooled at Haberdashers’ Aske’s. Bachelor’s at University of Warwick. * Has three siblings. Father in aviation. Three sons from failed marriage with UK businessman Janak Radia. * India entry in 1995. Sahara liaison officer. India rep of Singapore Airlines, KLM, UK Air. * Floats Crown Air as MD in 2000, with sister Karuna Menon as partner. Secures FIPB clearance to...
More »Shourie budget gag claim stings BJP
Former NDA minister Arun Shourie has said he was replaced as a lead speaker in a budget debate over fears that he would oppose a proposal that may have benefited Mukesh Ambani, bring the BJP under glare at a time the party has been targeting the Congress on corruption. The statement also reflects how much Shourie and the BJP have drifted apart since the dramatic events triggered by the party’s defeat...
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