Organised theft of all sorts is a well-defined industry worldwide, with its own rules and regulations. While media reports of car thefts are few and far between, a group of car thieves in India admitted to learning the art of selling stolen cars and then stealing them back in a few hours in a particularly well-documented episode on the subject in ‘Hustle’, the successful programme on BBC which...

Even the government is clueless about the tax levied on our roads and highways

Believe it or not, the Ministry of Road Transport and Highways, the government authority overseeing all roads and highways, does not have the faintest clue on  the real picture, on an all-India basis, about collection of various charges in the form of tolls, entry taxes, user charges and other money-grabbing...

Sucheta Dalal on a brazen and audacious scam at Stockholding Corporation of India

As financial scams go, this would have been really big if it were not nipped quickly by direct intervention of the Prime Minister’s Office. There has hardly ever been a case of the top brass of a well-known company looting a subsidiary and scooting away - right under the nose of its directors representing...