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ANTI BRIBERY LAWS
Rahul Gandhi calls Narendra Modi 'compromised' PM who bargained for Adani in US & not trade dealRahul Gandhi criticised Prime Minister Narendra Modi, alleging he prioritised Gautam Adani's release from US fraud charges over India-US tr...- 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...
- Bribery back in business? Donald Trump’s FCPA pause sparks fears of a ‘Wild West’ economyPresident Donald Trump has signed an executive order suspending enforcement of the Foreign Corrupt Practices Act (FCPA) for 180 days. The d...
- Adani says report on bribery probe by US prosecutors is falseBloomberg News reported last week — citing people with direct knowledge of the matter — that US prosecutors have widened their probe of the...
- 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...
- G20 Summit: Hopes dim for wider foreign bribery lawSustainable development in Africa is also expected to get prominence because of being a pet agenda for the Summit host and German Chancello...
- Why France, pioneer against foreign bribery, has convicted zero firmsLast year, French power company Alstom agreed to pay a huge $772-million (688-million-euro) fine for bribing officials all over the world, ...
- China wins APEC backing to bring back its corrupt officialsTo bring back corrupt Chinese officials who fled abroad, China secured the backing of 21-member APEC block for its high profile anti-graft ...
- 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.
- 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 place for India on OECD bribery convention unless it enacts stricter laws at homeIndia needs stronger domestic laws on bribery before it can become signatory to the OECD convention on bribery, an OECD official has said.
- Are Walmart's lobbying activities restricted only to the US?A look at the global retail giant Walmart case shows that those shopping for good deals might have to bargain for controversies.
- Walmart to apply US laws to Indian operations; wants anti-bribery undertaking from store ownersWalmart is demanding anti-bribery undertakings from landlords of its Indian stores along with rights to inspect their books.
- Bharti Walmart probe may invoke insurance cover worth $5 millionIts D&O policy partly protects the company, its directors and officers for wrongful actions that cause financial harm and result in a lawsu...
- 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.
- Government mulls bringing corporates under proposed anti-graft lawIn view of complaints of corruption in the private sector, the government is considering bringing corporates under a proposed anti-graft la...
- 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...
- We may have broken US anti-bribery law: Sun MicrosystemSun Microsystems Inc may have broken anti-bribery laws with its actions in an unspecified location outside the United States, a revelation ...
- 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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