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BRITISH BRIBERY ACT
PIL in Supreme Court seeks 'comprehensive', 'stringent' law to replace colonial era IPCThe plea, filed by lawyer and BJP leader Ashwini Upadhyay, alternatively urged the top court that it being "custodian of the Constitution a...
Chopper deal: AgustaWestland tells Delhi HC it will withdraw arbitration proceedingsAgustaWestland had invoked the arbitration clause in the contract for supplying 12 VVIP choppers to the Indian Air Force after the deal was...
Delhi HC agrees to examine Defence Ministry's plea on arbitration proceedings with AgustaWestlandThe Centre said the arbitration proceedings cannot continue as several criminal cases were pending against AgustaWestland.
Government has no plans to blacklist Rolls-RoyceDocuments allegedly show payments of hundreds of millions of dollars from Rolls-Royce and Russian companies like MiG Corp and Rosoboronexpo...
Bernie Ecclestone challenges £1 billion tax claimFormula One chief Bernie Ecclestone has gone to court to challenge the legality of assessments that have led to a UK tax claim against him ...
Doing business in India’s corruption-rich environment remains a perilous endeavourAlthough India emerged as world’s largest arms importer, its defence deals are mired in allegations of pervasive graft. India’s grave corru...
Bo Xilai admits partial role in embezzlement of official fundsDisgraced Chinese leader Bo Xilai today said he had not acted to stop the embezzlement of government funds by his wife.
Strict anti-bribery laws in US, UK making foreign companies less competitive in IndiaA 1977 US law that forbids American companies from bribing government officials in foreign nations has come under the spotlight in India
US govt investigates WSJ for bribery claims in ChinaIf the Chinese bribery allegations were true, such behaviour would be a potential violation of the US Foreign Corrupt Practices Act.
- Tough steps being mulled to punish firms on graft issue: CVC
Citing US and British laws, CVC said stringent provisions are being contemplated to punish cos which fail to do due diligence in preventing...
- Laws must evolve with the times if societies are to progress
The Supreme Court has described our laws on land as 'a testament to the absurdity of law and a black mark upon the legitimacy of the justic...
Indian companies doing business in Britain to fall under new Bribery ActThe law provides that English prosecutors can proceed against an Indian firm that has branch in Britain for something that it has done in a...
- Under bribery Law, UK to prosecute Indian companies even if their arms fail elsewhere
The Indian companies which have business relations with Britain, raise finance or have subsidiaries there, will soon find themselves prosec...
- Tough UK bribery act to cover Indian companies
Indian companies with offices in the UK and British companies operating in India will be covered by a tough new act.
- 'Hold cos accountable for not controlling bribery'
Deepak Parekh has called for a new legislation that holds corporates accountable for not controlling bribery.
- OECD slams Britain's corporate bribery record
OECD member-states have written to Britain criticising London's failure to deal with corporate bribery, the Financial Times said on Sunday.
- BAE Systems names new chief executive
British aerospace company BAE Systems has named its Chief Operating Officer Ian King as the next chief executive.