Since the Satyam accounting fraud in 2009, the government has rolled out regulations to improve corporate governance and whistleblower protection. But the seriousness, with which existing or new laws need to be enforced, leaves a lot to be desired. The alacrity with which the Satyam fraud has been dealt with had a large part to do with the fact that Satyam was also a listed company in the United States of America. International governments and regulators continue to apply the pressure needed to get justice for their citizens. A similar intent seems to be missing from the Indian government (Central or State, from either side of the ideological spectrum) in pursuing the case of high profile errant domestic companies and their promoters, whether in the telecom, mining, real estate, microcredit or airline industry.