Tag Archives: Satyam

The amazing rise and dramatic fall of Ravi Prakash, a competent but colourful journalist who built one of India’s biggest, most influential news networks: TV9

TV9 “chairman, CEO and editor” Ravi Prakash, who shared the stage with prime minister Narendra Modi at the launch of ‘TV9 Bharatvarsh’ just 40 days ago, has been shown the door by the network’s new owners whom he, ironically, brought in to buy the company from its original promoter six months ago. An official spokesman (see statement,…

Question: India’s best political reporting is in…?

Although India’s best and biggest corporate scams—from Satyam to Sahara and everything else in between—routinely escape the business papers and business magazines and business channels, for quite a while, the best political reporting has come from The Economic Times.  And The Times group is losing no opportunity to drum home the message, even as it…

How come no one saw the IPL cookie crumbling?

The collapse of the Indian Premier League (IPL) pack of cards is identical to the unravelling of the Satyam fraud in 2009, from a media perspective. Namely, no media organisation—newspaper, magazine, TV station or internet website—saw it before it happened. Or wanted to see it coming. The player auctions, the franchise bids, the television rights,…

How not to ask right questions (an ongoing series)

When he made Sicko, Michael Moore got into a flap with CNN on the mainstream media’s inability to ask tough, searching questions. “Just apologize to the American people and to the families of the troops for not doing your job four years ago. We wouldn’t be in this war if you had done your job.…

How come nobody heard or saw the worm turn?

SHARANYA KANVILKAR writes from Bombay: Hindsight, as the moronic aphorism goes, is always 20/20. And we have been seeing plenty of hindsight dressed as foresight over the last fortnight following the announcement of the results of the general elections, which bucked the “anti-incumbency” cliche and put the Congress-led United Progressive Alliance back in power. #…

Biggest Corporate Fraud is now Biggest Coverup

From a media perspective, the fraud at India’s “fourth largest Information Technology company” has been remarkable for two things. One, the failure of the business media in catching a whiff of what was cooking in the accounting kitchens of the disgraced Hyderabad company not just one year, but for seven years. If that failure is…

Indian media is large & vibrant, but how free is it?

BHAMY V. SHENOY writes from Houston, Texas: Every newspaper reader in India should be shocked at the way B. V. Seetharam, the publisher and editor of the Kannada daily Karavali Ale, is being repeatedly harassed by a democratically elected  government in the southern Indian state of Karnataka. According to this version, Seetharam was arrested last…