regulatory issues

An Unnamed IAS Officer Levels Serious Allegations of Corruption Against Big-Four Firm KPMG India

Paranjoy Guha Thakurta / February 23, 2018

An anonymous letter written by a civil servant, addressed to Prime Minister Narendra Modi, has levelled serious allegations against the multinational consulting firm KPMG’s India operations. In the letter, a senior bureaucrat who claims to be a member of the elite Indian Administrative Service accuses the group of exercising influence over key government officials by, among other means, recruiting their children and relatives.

Raising the ‘Bar’ for India’s Power Sector

Two prominent infrastructure companies belonging to Adani Group and Tata Group had sought the assistance of electricity regulators to hike the rate at which they sold power to several state power utility and distribution companies. They claimed that compensatory tariffs to the tune of nearly ₹8,000 crore were due to them as they had to absorb an increase in the price of coal imported from Indonesia. But this was denied to them by the Supreme Court.

An Unnamed IAS Officer Levels Serious Allegations of Corruption Against Big-Four Firm KPMG India

Raising the ‘Bar’ for India’s Power Sector

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