Tag: Mukesh Ambani

  • Minister Beyond Government Jurisdiction Reliance Gas

    We, in India, are used to Politicians hushing up scams, doctoring evidence, out right rolling the issue under the carpet or even doctoring the FIRs.

    A record of sorts in the world was created when the Deli’s Anti Corruption Branch refused to take action against Union  Minister in the Reliance Gas Price fixing case.

    Union Minister Shingde in Reliance Scam beyond Law
    Shinde, Home Minister, India

    Read the degradation of Democracy.

    NEW DELHI: In a U-turn, Delhi Government‘s Anti-Corruption Branch (ACB) has refused to probe a complaint of “misuse” of official position by a Union Minister as it was beyond its jurisdiction.

    Incidentally, the ACB had last week registered an FIR against Petroleum Minister Veerappa Moily, RIL Chief Mukesh Ambani, former Union Minister Murli Deora and retired Director General of Hydrocarbons V K Sibal among others on Reliance gas pricing issue.

    Delhi-based RTI activist Vive ..

    Enhanced by Zemanta
  • IPL 2011 About Owners.

    Mumbai Indians.

     

    The team is owned by Reliance Industries Limited. Mukesh Ambani heads the company and wife Nita Ambani takes active part in the workings of the team.

    Kolkata Knight Riders.

     

    The KKR owner hardly needs an introduction. However, the other equally important owner of KKR is not talked about much. SRK’s partner is Jay Mehta. He is Juhi Chawla’s husband and is a British origin industrialist.

    Kings XI Punjab.

    Apart from the much talked about Preity Zinta and Ness Wadia, the team is co-owned by Karan Paul, chairman of Apeejay Surrendra group and Mohit Burman of Dabur.

    Chennai Super Kings.

    The team is owned by India Cements which is headed by N. Srinivasan. He is also involved in the BCCI and AICF i.e. the All India Carrom and Chess Federations.

    Deccan Chargers.

    The team is owned by the Deccan Chronicle corporation. Gayatri Reddy, daughter of media baron T Venkattaram Reddy, heads the workings of the team and is very impressive at her job.

    Royal Challengers Bangalore.

    Another team owner that needs no introduction is liquor baron Vijay Mallya. He placed the second highest bid at the IPL auction, next only to Mukesh Ambani.

    Rajasthan Royals.


    Though the majority of limelight is hogged by Shilpa Shetty and husband Raj Kundra, the actual owner of the team is Manoj Badale, the co-founder of Blenheim Chalcot. Other investors in the team include Lachlan Murdoch, Aditya S Chellaram and Suresh Chellaram.

     

    The fiery team is owned by GMR Group. The business group’s core area lies in airports, highways, agriculture and energy. The corporation is owned by G. M. Rao.

    Kochi Tuskers Kerala.


    The newest team to be initiated into IPL is owned by Rendezvous Sports World. It is a consortium made up of multiple companies. The group bought the team for an exorbitant amount of $333 million.

    Pune Warriors India.

    Last but not the least, Pune Warriors was bought by Subrata Roy of Sahara Group for $378.2 million, which is the highest amount ever paid for a team in IPL. Subrata Roy has also written books on philosophy of life and is well-known for his philanthropic works.

  • How did Niira Radia become powerful?Conversation with Tata.

     

     

    The first India assignment for Nira Radia, who was fascinated byairplanes, was to smoothen the entry of Singapore Airlines to India in 1990s.

    That project failed to take off, but it introduced her to two important personalities — then aviation minister Ananth Kumar and Ratan Tata, chairman of the Tata group, which was to be Singapore Airlines’ Indian partner.

    Never the one to be put down, Radia created ripples in the aviation ministry in 2000 when she applied for a license to start an airline under her own firm with a capitalisation of all of Rs1 lakh. Ananth Kumar was the aviation minister at that time. But it was a controversial project and her application was rejected. Later, Kumar was moved out of the civil aviation ministry.

    However, it was her second meeting with Ratan Tata that became her a biggest stepping stone as a businesswoman. Tata was so impressed with her that he appointed her to manage the corporate communications of the Tata group — leading to the birth of Vaishnavi Corporate Communications in 2001. For many years, Vaishnavi’s main client remained the Tata group, so much so that that it was mistaken for being a Tata firm.

    Radia, who grew up in Kenya and holds a British passport, transformed her prized catch into a magic wand that opened bigger doors. Soon, she had a client list that comprised 50 big companies. Then, she had the most powerful industrial baron in India, Mukesh Ambani, in her kitty, who was looking for some kind of assistance in media management in 2008-09.

    In between, she also allegedly got involved with the issue of new 2Glicenses in 2008, partly because her own client — Tata Teleservices — stood to gain or lose from how the licenses were issued.

    http://www.dnaindia.com/india/report_how-nira-radia-became-a-powerful-influencer_1471704

     

  • Media Planting Stories and lobbying! Audio and Transcript.

    http://www.outlookindia.com/article.aspx?268406

    Click on the Link above for Audio.

    Also click appropriate links  in http://www.outlookindia.com/article.aspx?268406 for further audio.

    This seems to be endless.

    Despair that’s all one can have.

    While the Spectrum scam tapes have been talked about, what has not received adequate notice so far is the lobbying and controversy surrounding the division of gas between theAmbani brothers. The conversations in this set seemingly include journalists Vir Sanghvi of the Hindustan Times; Prabhu Chawla of the India Today group; and G. Ganapathy Subramaniam and M.K. Venu of the Economic Times

    M.K.Venu.

    While we are yet to fully absorb and understand the various intricacies and ramifications of the very many conversations on record, and clearly, there are many serious issues at stake here including those of privacy (who authorised these taps), timing of their made public and on-going corporate wars but it is eerie how casually a discussion, for example, about the battle for power sector involving Tatas and Reliance in Maharashtra segues into instigating the likes of Shiv Sena and other groups like the MNS and how easily corporates play and manoeuvre the “protests” by goon-gangs of political outfits to further their ends.

    Also, how easy it seems for these power-brokers to casually fix not just politicians — e.g.Venkaiah Naidu of the BJP here is mentioned as amenable to persuasion, as against Arun Shourie, for example — but also, in their narration, the higher judiciary.

    Some of the abbreviations:

    • MM: Manoj Modi, Mukesh Ambani‘s right hand man in Reliance
    • Ganu: G. Ganapathy Subramaniam of the ET
    • MDA: Mukesh Dhirubhai Ambani
    • ADA: Anil Dhirubhai Ambani
    • MK Vinu/Vinu is M.K. Venu
    • Following files said to be K. Venugopal, Editor, Hindu Business Line
      Vinu-fudged RCOM figs-gas-Curse on AmarSingh-20090616-200515 &
      Vinu perhaps-All issues-mainly spectrum-20090616-195137

    The file-names below are as in the CD handed over to the Supreme Court. They seem to follow the format of the date and time of the recording in the file name, thus -20090620-143207 seems to refer to a recording of 14:32:07 on 20 June, 2010.

    M.K. Venu: You saw Rohini’s story. It has come today.

    Niira Radia: No, I haven’t seen it. I’m going to see it now. I finished at 1.30 in the night.

    MK: But it’s all tucked away. You’re also keeping Manoj Modi’s timings. 2 o’ clock!

    NR: It’s tucked away, is it?

    MK: Yeah, but in ET you can’t miss it. It is the inside page but it’s the top half, the lead story of the page.

    NR: You know this one, Ganapathy has been chasing me but I don’t want to give it to him. I have a letter from the Andhra chief minister.

    MK: Hmm.

    NR: I don’t want to give it to him, I am scared to give it and find the story killed. What do you think I should do? He has given a scathing attack. He has written to the PM.

    MK: The Andhra CM. Two years ago, he used to sing Anil Ambani’s tune. It is a very strong letter, yaar.

    NR: Kya karoon yaar. I don’t want it tucked away.

    MK: Objective advice. Isko aise akhbar ko do jo isko lead flyer carry kare. Isko CNBC ko do. Then these people will be adequately provoked. If CNBC carries it as a lead 10 times a day, then everyone will start running helter skelter. If I was the editor, Rohini’s story was a clean Page 1, top half, like a lead story. Do you think a letter to the MD is possible? Broadly saying that we congratulate the launch of ET Now and then you can raise this issue that there is this raging controversy that is of national interest and we hope you can take which is, you know, which is in keeping with what Y.S.R. Reddy has written. Aisa karke you should lagao one.

    NR: How is Prabhakar Sinha in Times?

    MK: My information is that he and his brother Arun Kumar are retainers on the other side. About Arun Kumar, I am quite sure. He and Sandeep Bamzai used to be so openly partisan. I met Shekhar Bhatia at dinner, he used to be executive editor then, he told Sandeep Bamzai ki kam se kam ek hafta to chhod do. At least three to six months, you don’t plug him. This is what Shekhar Bhatia told him publicly.

    NR: Yes, I don’t blame him. I met Sukumar and Sanjoy Narayan.

    MK: That Sanjoy Narayan has an old friendship with that Tony (Jesudasan), na? They have some great common interests.

    http://www.outlookindia.com/article.aspx?268085

    http://www.outlookindia.com/article.aspx?268069

  • Cabinet Posts fixed By Radia,Tata,Reliance?

    The Country seems to be run by a Cartel of Businessmen, abetted by selected Media .

    This makes one wonder about the Invisible group that manipulates US.

    Read my blogs filed under Corruption/India/Radia tapes.

    Radia’s conversations show how even cabinet berths can be decided by this select oligarchy. Her interface with discredited (now former) telecom minister A. Raja, DMK mp Kanimozhi and Ranjan Bhattacharya, the foster son-in-law of former prime minister Atal Behari Vajpayee, shows how she successfully lobbied for several cabinet berths. The transcripts suggest that journalists Vir Sanghvi and Barkha Dutt also lobbied for Raja with the Congress party. However, both journalists, in separate statements, decried the use of the label “lobbyist” and termed their conversation with Radia as part of their normal journalistic duties. Other journalists such as Prabhu Chawla, G. Ganapathy Subramaniam and M.K. Venu also had elaborate conversations with Radia on issues ranging from telecom to the Ambani brothers’ dispute on gas pricing. At times they proffer advice and trade information.

    The more than 140 conversations involving Radia that were tapped by the I-T department expose a systemic rot. These tapes are now annexures in a Supreme Court petition by lawyer Prashant Bhushan seeking Raja’s prosecution.

    The reaction of the Congress leadership is surprising since all these tapes were available to Prime Minister Manmohan Singh as well as Pranab Mukherjee and P. Chidambaram in their capacity as finance ministers in the two UPA governments. Regardless of the existence of the tapes, the Congress leadership agreed to reinduct Raja with the telecom portfolio into the UPA-II cabinet.

    The tapes also paint a dismal picture of how everything—from cabinet berths to natural resources—is now available for the right price. The now controversial 2G allocation was just one of the many manipulations orchestrated by players in high places. There are conversations on civil aviation with 1980-batch IAS officer Sunil Arora, publicist Suhel Seth and many others which have not been included here. The worst fallout, however, is that it has besmirched the hitherto ‘fair’ name of Prime Minister Manmohan Singh, who agreed to take Raja back in the same ministry that now stands exposed in the biggest scam in independent India, despite knowledge of the tapes.

    Niira Bhajan

    “When it came to spectrum, they went to Raja and paid him a bribe and got spectrum allocated.”

    “Uddhav’s already taken funding from both groups. I’d suggest, tell Krishna Kumar to talk to Uddhav.”

    “Otherwise I will tell them to tell Uddhav to go after them. I don’t think Congress will do much.”

    “I believe Maran has given about 600 crores to Dayalu, Stalin’s mother.”

    Mere client Tatas bhi bahut beneficiary thhe (in the 2G spectrum allocation).”

    “Senthil, Rahul Joshi, maine donon ki le li. You can’t run stories against my clients and get away with it.”

    “I have a note, no, a whole dossier, on Praful Patel on the last five years jisme ye poora aspect hai.”

    Inka pichhle paanch saal mein yahi attempt to tha, inko destroy karo, donon careers ko.”

    “Narendra Modi, Arun Jaitley, Ananth Kumar, Venkaiah Naidu, ye sab coterie hain na of Advani.”

    “Naresh wants to kill it (Air India), Vijay wants to kill it and Praful is not really interested.”

    “Raja has promised me that he will not do anything in a hurry. I made Kani speak to him as well. ”

    “The solicitor general, Gopal Subramaniam, I am gonna go and brief him. He hates them.”

    http://www.outlookindia.com/article.aspx?268071

    The “2G scam,” as it is known in India, involves telecommunications minister A. Raja underselling mobile phone licenses in the world’s fastest growing mobile phone market.

    The leaked audio tapes recorded in 2009 reveal lobbyist Niira Radia asking senior journalists Barkha Dutt, group editor of leading news channel NDTV, and Vir Sanghvi, advisory editorial director of the Hindustan Times, to mediate with the ruling Congress party about cabinet posts.

    The tapes suggest Radia was lobbying for the continuation of Raja’s post as telecommunications minister after the 2009 elections and both journalists agreed to help.

    Indian auditors say this cost the country some $40 billion in lost revenues as the mobile phone licenses were sold at prices set in 2001 under Raja’s watch.

    Raja was forced to resign last month, but the 2G scam has put parliament in a logjam for the past two weeks as recriminations fly across party lines.

    While allegations of corruption are commonplace in India, revelations that some of India’s most influential journalists were involved have shocked the public.

    Dutt is known as the ‘Oprah of India’ and Sanghvi is a widely-read columnist.

    “It’s very, very disappointing. Neither of them is corrupt, nobody is saying they are corrupt. But corruption when it involves ethics is worse then taking money,” senior political journalist Tavleen Singh told CNN.

    Some 104 tapes have been leaked and are now widely available on the internet.

    The transcripts were first published in two Indian magazines, which sourced them to audio recordings submitted recently to the Supreme Court as part of the 2G scam.

    While the recordings feature many conversations, the focus has been on Radia’s multiple conversations with Dutt and Sanghvi.

    In one conversation, Dutt says to Radia, “What do you want me to tell them (Congress Party)? Tell me, I’ll talk to them.”

    In another recording, Sanghvi tells Radia he can offer a fully scripted and rehearsed TV interview for India’s wealthiest man Mukesh Ambani.

    Radia’s public relations firm represents Mukesh Ambani’s Reliance Industries and the Tata Group.

    “When I started out as journalist in Delhi, the government had other ways of controlling the media. It used to be by giving free houses and other freebies like trips with the prime minister. Now they are controlling access. So if journalists cooperate, they are given exclusive access to information, VIP parties and this is most worrying,” Singh said.

    One of the recordings also features Radia’s conversation with the head of India’s largest conglomerate, Ratan Tata.

    Tata petitioned the Supreme Court on Monday to bar further dissemination of the tapes, contending the leakage has infringed upon his fundamental right to privacy.

    “We have somewhat slipped into a morass of series of allegations … unauthorized tapes flooding … the media going crazy on alleging, convicting, executing … literally character assassination … stop this sort of Banana Republic kind of attack,” Tata said in a statement.

    While both Dutt and Sanghvi have not denied the authenticity of the recordings, they both maintain they were simply placating a source for news gathering purposes and believe they have done no wrong.

    In a Twitter post, Dutt said: “Unless we only cover news based on bland press conferences, we have to talk to all sorts, good and bad, I think there is nothing wrong in stringing along a source for info…I think EVERY journo has the right to engage a source, its NO CRIME…as a matter of record, I never passed the message. But info sharing per se is not immoral in a fluid news situation.”

    Other senior journalists believe the Indian media is facing a crisis of credibility.

    “The feedback I’m getting is nobody trusts us journalists anymore,” Singh said.

    “Barkha and Vir are very good friends of mine, I still continue to respect them. But I just wish they had said sorry and ended it there. India has 300 television channels, most of them in very rural areas. If this is happening in Delhi just look at the consequences lower down.”

    http://edition.cnn.com/2010/BUSINESS/12/02/india.leaked.tapes/index.html

    Related:

    The allegations by her critics seem to be evolving over time, and some of the criticisms flying now seem much less shocking than when the tapes first emerged.

    Let’s face it: This was an exciting media scandal because the Radia tapes were billed as containing evidence that senior journalists helped install a politician (A. Raja) in the telecom ministry who then oversaw the flawed sale of mobile-phone spectrum that deprived the country of up to $40 billion, according to a government auditor.

    Outlook Magazine, in its Nov. 18 story documenting the Radia tapes, had said “The transcripts suggest that journalists Vir Sanghvi and Barkha Dutt also lobbied for Raja with the Congress party.”

    Open Magazine, the other outlet that published the Radia recordings, said in a Nov. 20 article that “Radia relied on a number of people to pass information on to the Congress and back to the DMK. In a way, these were the people who eventually ensured Raja was given the telecom portfolio.”

    That sure sounded damning. But the transcripts and audio recordings of Ms. Dutt’s calls with Ms. Radia turned out to reveal more generic conversations about the Congress Party’s negotiations with its coalition ally, the DMK, over various cabinet posts.

    To be sure, there is some brief discussion between the two women about Mr. Raja’s chances for getting the telecom post, but he’s one of several officials whose chances they handicap. And at no time in the recordings – at least the ones now available to the public — is Ms. Radia heard pressing Mr. Raja’s individual case to Ms. Dutt, or does Ms. Dutt agree to lobby for Mr. Raja. Indeed, Ms. Radia and Ms. Dutt are more preoccupied with the fates of other DMK officials.

    Even Ms. Dutt’s critics, including those editors on NDTV last night, concede that there’s no evidence she lobbied for Mr. Raja. So that explosive charge has sort of gone by the wayside with little notice from Ms. Dutt’s peers.

    What we saw in last night’s TV roundtable were other, less startling claims against Ms. Dutt. Open Magazine editor Manu Joseph said the real problem is that Ms. Dutt failed to report the story that a corporate lobbyist was trying to influence the formation of the Indian cabinet after the 2009 national elections, something he called an “error of judgment of enormous proportions.”

    “This is a corporate person who is trying to mediate between two political parties,” Mr. Joseph said. “I believe that is the biggest story of the decade.”

    So now Ms. Dutt is being accused of being a poor journalist, not a corrupt one? And this now has nothing to do with the alleged 2G spectrum allocation scam that involved Mr. Raja?

    “There seems to be a constant shifting of goal posts,” Ms. Dutt said in the TV debate. “First the allegation was corruption, lobbying, power broking – now it’s ‘why don’t you report the story?’”

    She seems to have a point there.

    Also, is it really the biggest story of the decade that a company has a lobbyist who is plugged into politics the way Ms. Radia was?

    Regrettable, perhaps, but surprising?

    http://blogs.wsj.com/indiarealtime/2010/12/01/wait-a-minute-what-exactly-is-barkha-dutt-accused-of/