Measures taken to eliminate scope for graft: President Pranab MukherjeeStringent amendments to the Prevention of Corruption Act are on the anvil to address the perceived gaps in the anti-graft law, Mukherjee sa...
23 Feb, 2016, 12.53 PM IST
Government to move fresh bill to tackle bribery by foreign officialsThe legislation will be a stand alone law to deal with bribery by foreign public officials. At present it is not covered under any domestic...
20 Jul, 2015, 06.04 PM IST
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...
24 Jun, 2015, 04.54 PM IST
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...
30 Apr, 2015, 06.06 AM IST
Cabinet approves refurbished anti-corruption lawThe Penal provisions have been increased from minimum 6 months to at least 3 years in jail and maximum sentence has been increased to seven...
29 Apr, 2015, 12.54 PM IST
Replace affidavits with self attestation: Centre to states"We have to plan and target a situation or at least endeavour to proceed in a direction where we have a society which is incorruptible by v...
13 Feb, 2015, 12.53 PM IST
Plug loopholes in Anti-Graft Act: Norms to hold one liable for bribe may be abusedThere may have been no case against KM Birla and PC Parakh had Parliament passed amendments to the Prevention of Corruption Act in its last...
23 Oct, 2013, 05.23 AM IST
Government nod to changes in bill to tackle bribery by foreignersGovt approves changes in a proposed legislation that makes accepting or giving bribe by foreign public officials a criminal offence.
18 Mar, 2013, 08.44 PM IST
Government considering making bribery in private sector criminal offenceResponding to another question, Narayanasamy said there is no proposal with the Government to make corruption-free public service a fundame...
05 Dec, 2012, 03.33 PM IST
India Inc braces for stricter bribery lawsOnce these come into force, the employee concerned and also the company’s management could face imprisonment of up to seven years.
29 Aug, 2012, 07.04 AM IST
- 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...
22 Aug, 2012, 05.06 PM IST
- Government mulling private sector corruption law
A move is afoot in the Government to make corruption in private sector a penal offence with imprisonment up to seven years for the offender...
27 May, 2012, 01.16 PM IST
- Government mulls bringing corporates under proposed anti-graft law
In view of complaints of corruption in the private sector, the government is considering bringing corporates under a proposed anti-graft la...
22 Jan, 2012, 12.25 PM IST
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...
10 Aug, 2011, 12.14 PM IST
- CCI examining 11 complaints against realtors
CCI is examining complaints against few realty cos pertaining to anti-competitive practices, close on the heels of CBI unearthing a scam.
30 Nov, 2010, 05.18 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
- India bribes the most
In a global recognition of a different kind, India has been ranked as the worst performer by Transparency International on its global Bribe...
05 Oct, 2006, 02.19 AM IST