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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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CRY on a signature campaign to bring amendments to Act

BANGALORE: Child Rights and You (CRY) held a “Public Hearing” on equal education to all here on Friday, as part of their nationwide campaign inviting people to sign a charter to the Government asking for three amendments to the Right of Children to Free and Compulsory Education Act, 2009. The charter demands that children below six years, as well as between 15 to 18 years are included in the main...

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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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Protests against Land Acquisition and R & R Bills

The UPA government has come under severe criticism for trying to hurriedly pass the Land Acquisition (amendment) and the Resettlement & Rehabilitation Bill during the ongoing Parliamentary session. Both the bills have been dubbed as anti-poor as their provisions are seen to promote forced dispossession of farmers’ land as well as large scale displacement of rural people. The haste with which the two Bills are being promoted could be assessed...

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A Question of Status by Tapan Raychaudhuri

There is a new excitement in the air concerning higher education. It has been decided by the powers that be, warmly supported by the academic community, that turning selected colleges into universities will open the gates to a Valhalla of knowledge. A commission entrusted with the qualitative improvement of higher education has recommended that on top of some 350 universities and/or equivalent institutions, another 1,500 will be created by upgrading...

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