A google search for "raj rajaratnam" with reporting sources in India produces 62 results. Many of even those don't even deal with the crime he was accused and found guilty of.
I have seen this time and again with Indian news media: they don't cover unpleasant things about Indian expats. On the other hand, if someone of indian origin in the US commits a horrible crime, it gets scant attention from Indian media -- but if the victim is Indian, it is all over your face.
It isn't hard to gather scientific data, but this is what I see based on a casual observer. The rationale is not apparent - what does the indian media gain by reporting only the victories of the indian expat? More disturbingly, why the consistency across the different news organizations? Even in their coverage of news events within India, I see them unnervingly identical.
I've got more to rant on the subject. Coming soon!