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SIEMENS BRIBERY CASE
$12 billion bill for $265 million bribe charges! How Gautam Adani can fight backIndian billionaire Gautam Adani and Adani Group executives are facing US charges. They are accused of bribing Indian officials to secure po...
21 Nov, 2024, 05.52 PM IST
Sensex ends down 260 points; Nifty below 7600 levelsThe Nifty index also closed below its crucial psychological support level of 7600, weighed down by losses in banks, realty, cap goods and p...
08 Aug, 2014, 06.12 PM IST
MNCs find it tough to do business in India due to corruption and uncertain lawsPayments to govt to renew contracts and for licences and permits are not alien and govt interference breeds a culture of corruption.
04 Aug, 2013, 07.36 PM IST
Walmart's India fallout started with allegations of bribery in MexicoIf not for Mexico, Gurgaon based transport co might still be plying trucks for Bharti Walmart, joint venture of the world’s largest retaile...
25 Jul, 2013, 06.51 AM IST
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
28 Jun, 2013, 08.13 AM IST
Does India Inc love corruption: Not a single Indian private co part of UN initiative against graftIndia Inc has been conspicuously absent from a four-year-old United Nations-led global initiative against corruption.
11 Apr, 2013, 07.27 AM IST
How Siemens cracked down on corruption & what India Inc can learn from itWhile big-ticket measures are being strengthened, efforts to go down to the bottom rungs of bribery prevention are also on: gifts and hospi...
19 Apr, 2012, 10.14 AM IST
- Phone-hacking scandal: News Corp's Rupert Murdoch braces for US legal battle
54% of News Corp's overall revenue is generated in North America with some of most profitable brands based in United States.
24 Jul, 2011, 06.48 AM IST
- Daimler pleads guilty, agrees to pay $185 mn
Daimler pleaded guilty to US charges of global bribery and has agreed to pay $185 mn to settle the affair. How small cars match-up I New Yo...
02 Apr, 2010, 02.29 AM IST
- Integrity pact between cos & vendors becoming a trend
A leading Delhi-based infrastructure company recently had to complete a Rs 300-crore engineering project in Punjab for which it had to sour...
05 Jun, 2009, 03.55 AM IST
- We may have broken US anti-bribery law: Sun Microsystem
Sun Microsystems Inc may have broken anti-bribery laws with its actions in an unspecified location outside the United States, a revelation ...
09 May, 2009, 09.10 PM IST
- Siemens guilty of massive global corruption scandal
German corporate giant Siemens AG has pleaded guilty in a US court to a massive global corruption scandal that won it contracts around the ...
16 Dec, 2008, 12.11 PM IST
- ABB probes suspect payments
International engineering group ABB said on Thursday it may have violated the US Foreign Corrupt Practices Act bribery law after discoverin...
27 Jul, 2007, 02.28 AM IST
- Siemens fined $51 mn in bribery case
Siemens, beset with at least three corruption investigations, was ordered by a German court to pay 38 million euros ($51 million) as two fo...
15 May, 2007, 03.14 AM IST