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ANTI BRIBERY AND CORRUPTION
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest paymentsHDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Cor...- HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoingHDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are rob...
- China sentences two former defence ministers to death for corruptionFormer Chinese defense ministers Wei Fenghe and Li Shangfu received death sentences with a two-year reprieve for corruption. Both were conv...
- Panchkula court discharges ex-CBI judge Sudhir Parmar, 4 others in 2023 corruption caseA Special Court in Panchkula discharged former Judge Sudhir Parmar and four others in a corruption case. The court found the prosecution fa...
- Employee cleared of bribery charges but still denied back wages; HC ruling explainedA Mumbai employee acquitted of bribery charges was denied full back wages for his suspension period. The Bombay High Court ruled that acqui...
- DMK's family rule marked by corruption; NDA alliance will form govt in Tamil Nadu on May 4: Piyush GoyalUnion Minister Piyush Goyal alleged corruption and "family rule" under the DMK government in Tamil Nadu, citing bribery for government jobs...
- 66 pc businesses surveyed paid a bribe in the last 12 monthsA recent survey revealed a concerning bribery issue. 66% of businesses across 159 districts admitted to paying bribes. 54% felt forced, whi...
- 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...
- G20 group reaffirms commitment to zero toleration for corruptionThe G20, meeting under India's leadership, has reaffirmed its commitment to zero tolerance for corruption. The group called for stronger in...
- EY Forensics and Integrity Services launches learning-as-a-service in ethics and complianceEY Forensic and Integrity practice has trained 15000-plus professionals so far in the areas of code of conduct, anti bribery, anti-corrupti...
- India among nations with 'no or little enforcement' against foreign bribery: ReportThe report said in July 2018, the Indian Parliament passed a bill amending the present Prevention of Corruption Act, which covers bribe pay...
- G20 vows to make companies, not only individuals, liable for graftThe declaration assumes significance as an OECD Anti- Bribery Convention, adopted nearly a decade ago, has been actively enforced so far on...
- Companies face bribery and corruption risk from third parties: Kroll researchAccording to the research the reputational risk associated with bribery and corruption allegations is also on the minds of most respondents.
- Bribery charges: CBI probing Mondelez India on US requestIt has begun an investigation into allegations that the snack-food maker paid bribes to government officials and perhaps politicians to sav...
- Prevention of Corruption Bill prompts Indian cos to re-look at corrupt practices: DeloitteThe Prevention of Corruption (Amendment) Bill, being pushed by the Narendra Modi government with an aim to curb corruption is having its in...
- Businesses believe some form of bribery is acceptable: SurveyAs many as 80 per cent believe corruption is widespread, with 52 per cent saying offering gifts to win businesses is "justifiable to help a...
- Scams can negatively impact FDI inflows: SurveyThe recent spate of scams can hit FDI inflows and greater law enforcement is needed to curb the menace.
- 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.
- 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.
- India bribes the mostIn a global recognition of a different kind, India has been ranked as the worst performer by Transparency International on its global Bribe...
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