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UK BRIBERY ACT
India Inc mostly keeps corruption, bribery cases behind closed doorsIndian companies rarely report bribery cases, despite anti-corruption policies. Public sector companies disclose more incidents due to high...- Global events to affect Indian markets: ReportIndia's financial markets will increasingly be affected by global event, especially those introduced after the 2008 financial crash.
- PM Narendra Modi government's graft law change may cheer bureaucrats, but upset India IncFor India’s companies, the potentially troubling change comes via the amendment that makes corporates, not just individuals, liable for act...
- Reduce directors’ liability in staff bribery case: Law panelAs per the recommendations of the law panel, directors of a firm shall only be held guilty in a situation where they have digressed from th...
- Alstom bribery charge: Government to seek details from LondonAlstom Network UK Limited allegedly paid bribes of around $ 8.5 million to win infrastructure orders in Poland, Tunisia and for the Delhi M...
- AgustaWestland may face probe in United KingdomThe Directorate General of Acquisition is expected to make a detailed briefing before Arun Jaitley on the sale of the AW-101 VVIP choppers.
- No stereotyping of women in new United Spirits' codeIt bars any marketing strategy that implies that alcohol consumption can make a person successful, said sources privy to the new codes.
- Fear of anti-bribery laws slows down M&A deals in IndiaFrequency of breakdowns are increasing as investors are afraid of ending up on the wrong side of anti-bribery laws in the US and UK.
- India should adopt UK Bribery Act to tackle corruption: Deepak ParekhAmid a raging debate on how to tackle corruption, a major issue in election-bound India, HDFC Ltd Chairman Deepak Parekh today suggested th...
- 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
- No further requests in AugustaWestland case: UKBritain has stressed that it would not be intervening in any investigations into the AgustaWestland helicopter bribery case.
- Indian companies made 72 acquisitions abroad worth $11 billion in 2012: SurveyIndian cos made major acquisitions into energy, mining and utilities, with total reaching $6 bn, more than half (55%) of deal activity for ...
- Industry bodies favour criminalising private sector briberyThe country's industry bodies have supported a proposed law to criminalise private sector bribery saying such an attempt would help in chec...
- Tough steps being mulled to punish firms on graft issue: CVCCiting US and British laws, CVC said stringent provisions are being contemplated to punish cos which fail to do due diligence in preventing...
- Companies abetting bribery need to be severely punished, says CVCPrivate companies indulging in bribery get away with less or no punishment because of the lacunae in India's anti-corruption law, CVC said.
- Private sector bribery may become criminal, says Manmohan SinghPrime Minister Manmohan Singh on Friday advocated changes in laws to treat private sector bribery a criminal offence.
- Tough UK bribery act to cover Indian companiesIndian companies with offices in the UK and British companies operating in India will be covered by a tough new act.
- UK Bribery Act may put additional pressure on some Indian companiesLawyers say that many Indian companies with business links in UK are consulting them to find ways to comply with the new law that becomes o...
- Next: Supply Side of CorruptionThe battle against corruption will never be won until the bribe-giving corporate class is taken into account.
- OECD slams Britain's corporate bribery recordOECD member-states have written to Britain criticising London's failure to deal with corporate bribery, the Financial Times said on Sunday.
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