Is there a connection between the impending formation of the country’s biggest telecommunications conglomerate and the sudden transfer of a top government official who was heading the Department of Telecommunications (DoT) in the Ministry of Communications and Information Technology? The link between the two developments may not seem obvious. They are, however, closely connected and have much to do with the consolidation that is taking place in the world’s second-largest market for mobile communication services.Read more
For more than a decade now, the Directorate of Revenue Intelligence (DRI) has been investigating how a clutch of companies in the Adani Group led by Gautam Adani allegedly evaded taxes and laundered money while trading in cut and polished diamonds and gold jewellery. The DRI, which is an investigative wing of the Department of Revenue in the Ministry of Finance, has issued a number of show-cause notices to firms in the group alleging evasion of taxes to the tune of roughly ₹1,000 crore. Adani is considered to be close to Prime Minister Narendra Modi.Read more
At 8 pm on 8 November 2016, as Prime Minister Narendra Modi took to a live broadcast on Doordarshan to make the historic announcement that the government was demonetising notes of Rs 500 and Rs 1,000, emphasising his commitment to ridding India of the “evils of corruption” and black money, at least five central agencies or commissions in New Delhi were sitting on a tranche of documents that allegedly indicated that Modi had accepted bribes in excess of Rs 55 crore, or eight million dollars.Read more
PARANJOY GUHA THAKURTA is currently Editor of the Economic and Political Weekly. His work experience, spanning nearly four decades, cuts across different media: print, radio, television and documentary cinema. He is a writer, speaker, anchor, interviewer, teacher and commentator in three languages: English, Bangla and Hindi. His main areas of interest are the working of the political economy and the media in India and the world, on which he has authored/co-authored books and directed/produced documentary films. He teaches and speaks on these subjects. He participates frequently in, and organises, seminars and conferences. He is a regular contributor to publications and websites and frequently appears on the radio and on television channels as an anchor as well as an analyst.