Indian Prime Minister prepares for Ultimate Luxury Jet while common-man toils under his new Tax for cash withdrawals

January 16th, 2009 MUMBAI - The Rs.70 billion ($1.4 billion) financial scam in Satyam Computer Services is an isolated case and does not tarnish the image of the Indian corporate sector in any way, Commerce Minister Kamal Nath said here Saturday. 'India Inc has established its credentials.

September 18th, 2009 NEW DELHI - The Prime Minister, Dr. Manmohan Singh, on Friday, played down the comments made by Minister of State for External Affairs Shashi Tharoor on the social network site Twitter, saying it was just a joke and should be looked at in a light hearted manner.

January 20th, 2009 NEW DELHI - The government has taken no view on the proposals from domestic and international companies to buy the fraud-hit Satyam Computer Services and left the decision to its new board, Corporate Affairs Minister Prem Chand Gupta has said. 'There are many corporate houses, they are interested,' Gupta told reporters on being asked if the government was interested in hiving off the beleaguered firm to engineering and construction giant Larsen and Toubro.

September 22nd, 2009 NEW DELHI - Minister of State for External Affairs Shashi Tharoor met Congress President Sonia Gandhi here today and is reported to have discussed his "cattle class" comment on the social network site Twitter. Tharoor is also scheduled to meet the Prime Minister, Dr.

April 24th, 2005 Reuters reports that some joker sold Indian Prime Minister's house on Ebay to an American business man! And I thought selling the Brooklyn bridge was a myth! The businessman forked out 35 million rupees ($802,600) for the house that was up for sale on a Web site as a "huge sprawling mansion in the heart of Lutyen's Delhi with 24x7 running water and electricity", the ‘Hindustan Times’ said. He soon received the title deed for the house and arrived in the Indian capital late in March to take possession of the house for an office he planned to set up only to discover he had been cheated.

February 20th, 2009 NEW DELHI - An estimated 500,000 jobs were lost in India from September to December last year in areas like textiles, automobiles and information technology, and the actual numbers across the country could be higher, parliament was informed Friday. Quoting a study by the labour ministry, Corporate Affairs Minister told the Lok Sabha, the lower house, that total employment in the areas covered fell from 16.2 million in September to 15.7 million in December.

March 5th, 2009 NEW DELHI - The government Thursday announced that a 10-member group of ministers (GoM), led by External Affairs Minister Pranab Mukherjee, will look into the auctions of the third generation (3G) spectrum. The GoM will also take a decision on the number of players to be allowed to offer the 3G services in each telecom circle.

January 8th, 2009 CHENNAI - In an announcement that took everybody by surprise, Tamil Nadu Electricity Minister Arcot N. Veeraswamy said here Friday that the state does not need any more investment from the IT sector.

February 11th, 2009 NEW DELHI - The perpetrator of the Rs.70-billion (Rs.7,000-crore/$1.43 billion) accounting fraud at Satyam Computer Services will not go scot-free, Minister for External Affairs Pranab Mukherjee said here Thursday. 'In the recent past, we have seen an unfortunate case, a failure which has attracted considerable attention,' Mukherjee said in his address at the 81st annual general meeting of the Federation of Indian Chambers of Commerce and Industry (FICCI).

February 15th, 2009 NEW DELHI/HYDERABAD - The central government has finally handed over the investigations into the Satyam fraud to the Central Bureau of Investigation (CBI). 'CBI will look into all aspects of the investigation,' Corporate Affairs Minister P.C.

February 14th, 2009 NEW DELHI - To promote its prime ministerial candidate L.K. Advani, the tech savvy Bharatiya Janata Party (BJP) has put out five ad campaigns on 2,000 websites, including those of the US, British and Pakistani media, which are frequented by Indians.

January 16th, 2009 L.K. Advani's website proclaims that he puts the nation first, the party second and 'self last'. For the present, however, the Bharatiya Janata Party's (BJP) prime ministerial candidate is probably concerned more about himself than about the first two.

January 19th, 2009 NEW DELHI - The IT bellwether Satyam Computer Services, embroiled in a Rs.70 billion ($1.7 billion) financial scam, has received buyout offers from both domestic and foreign firms, its new board member Tarun Das said Tuesday. 'Satyam has got enormous fixed, human resources and technology assets.

January 10th, 2009 NEW DELHI - Three new board members were named Sunday to bring back financial order to the fraud-hit Satyam Computer Services and restore employee, investor and clients confidence into the IT firm's future operations. The new board comprises former chief of the National Association of Software and Service Companies (Nasscom) Kiran Karnik, chairman of Housing Development Finance Corp Deepak Parikh and former member of markets watchdog Securities and Exchange Board of India (SEBI) C.

January 8th, 2009 CHENNAI - The Satyam Computers Services fraud that has shaken the Indian software services sector will not have any cascading impact on the other players, Communications and IT Minister A. Raja said Friday.