Finally, some critical coverage of the Reliance-Network18/TV18-ETV deal in the business media. Mint, the business newspaper from the Hindustan Times stable, has a story in today’s issue that the stock market regulator, SEBI, is looking into RIL’s financial statements and reports to see if the company had divulged its holding or investment in ETV before…
Tag Archives: YSR
Around 2.40 pm, Wednesday, 2 September 2009
Screenshots of four English news channels (NDTV, CNN-IBN, Times Now, News X) and four Telugu news channels (Saakshi, TV9, TV5, Gemini News), around 2.40 pm on the day the Andhra Pradesh chief minister Y.S. Rajashekhara Reddy‘s helicopter went missing. The top screen proclaiming the missing chief minister “safe” is of Saakshi, the channel owned by…
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…