J Gopikrishnan October 27, 2018 In a bid to save the ailing power companies, the State Bank of India (SBI) has approached the Supreme Court looking into the implementation of recommendation of a committee which suggested a tariff increase or waiver of a portion of the loan owed to the bank by these companies. As…
CPM affidavit doesn’t mention DMK donation The DMK’s Lok Sabha election expenditure affidavit submitted to the Election Commission has put its alliance partners CPI(M) and CPI in a tight spot. As per the affidavit submitted on September 20, the DMK has given Rs 10 crore to CPI(M) and Rs 15 crore to CPI which were…
J Gopikrishnan New Delhi July 13, 2021 India’s own ‘Panama papers’ are gathering dust with law enforcement agencies and the Delhi High Court (HC). The 1.5 GB leaked data belongs to the tax consulting firm Nishith Desai Associates and includes controversial tax-related correspondences involving 33 of India’s biggest corporates and several high-net-worth individuals (HNWIs). A…
All knew, Chidambaram didn’t J Gopikrishnan / Pioneer – OpED/ Feb 27, 2017 Former Finance Minister P Chidambaram was economical with the truth when he told the Central Bureau of Investigation (CBI) that he was not aware that Malaysian company Maxis’ investment in Aircel was above Rs 600 crore, when he approved the Foreign Investment…
Caged parrot refuses to speak J Gopikrishnan / Pioneer – OpED/ Feb 14, 2017 The Aircel-Maxis scam was the invention of the Central Bureau of Investigation in mid-April 2011, when the 2G scam case against former Minister for Telecommunications A Raja was rocking the country. Certain media houses began flashing the name of former Telecom…
J Gopikrishnan / New Delhi / Feb 29, 2016 Former Finance Minister P Chidambaram’s son Karti has built a huge empire for himself in different parts of the world by making investment in real estates and engaging in other business activities in London, Dubai, South Africa, Philippines, Thailand, Singapore, Malaysia, Sri Lanka, British Virgin Island,…
J Gopikrishnan / New Delhi / March 8, 2016 In what could be a mega scandal, the Comptroller and Auditor-General (CAG) has unearthed under-invoicing of revenue to the tune of over Rs45,000 crore by six telecom companies from 2006 to 2010. The CAG submitted a related report to the President’s Office and the Ministry of…
J Gopikrishnan August 3, 2015 ‘The Pioneer’ In a move that could spell trouble for former Finance Minister P Chidambaram, the CBI has sought from the CAG details of its audit report in the Aircel-Maxis deal exposing “undisclosed” and “illegal” fund flow of Rs1,255 crore to Aircel from Malaysian company Maxis. While the Foreign Investment…
Famous quotes of Mahatma Gandhi on Journalism : The sole aim of journalism should be service. Journalism has become the art of “intelligent anticipation of events.” Journalism should never be prostituted for selfish ends or for the sake of merely earning livelihood or, worse still, for amassing money. Journalism has a distinct place in familiarizing…
DoT rules flouted to aid Reliance Jio : CAG ‘The Pioneer” – January 20, 2014 | J Gopikrishnan | New Delhi After the exposé on irregularities in the KG Basin, the Comptroller and Auditor-General of India (CAG) has found blatant violations of Department of Telecommunications (DoT) rules and favouritism in the manner the Mukesh Ambani-led…