At a panel discussion on Inclusive Governance at the World Economic Forum last week, somebody from the floor asked Comptroller and Auditor General Vinod Rai why bureaucrats and ministers always travelled in white Ambassadors with curtains on the windows, if the government was serious about bringing in more transparency into its functioning. Rai proved the eagle-eyed auditor when he swiftly corrected the questioner: “White ambassadors have made way for Maruti SX4s.”
R P Singh, the former Comptroller and Auditor General (CAG) official, has been hogging the limelight for turning the heat on his former boss, ...
Sale of business to unlock value and help lower company's debt
The bank's shares rise 10% in three sessions, contributing to a fourth of the Nifty's 180-point rise