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FOREIGN BRIBERY PROSECUTIONS
Adani stocks rally up to 6% as Trump sarkar retreating from foreign bribery casesAdani Group stocks rose up to 6% amid reports that the Trump administration is backing away from foreign bribery cases. This follows the US...- Europe braces for impact after US withdraws as global policeman to international businessesThe US’s decision to freeze the Foreign Corrupt Practices Act enforcement could end a significant era of international cooperation against ...
- 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 stocks rally up to 4.5% as Donald Trump pauses foreign bribery banShares of Adani Group companies surged as President Trump signed an order pausing the Foreign Corrupt Practices Act prosecutions. This move...
- Did Adani bribe officials to get energy projects cleared? JPMorgan says highly unlikelyUS prosecutors are investigating potential bribery by the Adani Group for energy projects, but JP Morgan believes corruption is unlikely du...
- 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...
- 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...
- Indian executives see gradual but positive shift in perception of corruption: EYInterestingly, the survey found that "70 per cent of those surveyed believe that at least one form of unethical conduct can be justified to...
- 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, ...
- 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.
- Private sector bribery could become criminal offence: PM Manmohan SinghPrime Minister Manmohan Singh on Friday said government is considering changes in law to make private sector bribery a criminal offence.
- No evidence to suggest rise in tax evasion: GovernmentThe government on Tuesday said there is no evidence to suggest any increase in incidence of tax evasion over the previous years.
- 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...
- Under bribery Law, UK to prosecute Indian companies even if their arms fail elsewhereThe Indian companies which have business relations with Britain, raise finance or have subsidiaries there, will soon find themselves prosec...
- 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.
- Daimler names anti-corruption directorGerman auto maker Daimler, which has pleaded guilty to US bribery charges, announced the creation of a director's position responsible for ...
- Holder pushes anti-corruption treatyUS Attorney General Eric Holder says China, India and Russia should sign on to an international anti-bribery pact.
- Daimler pleads guilty, agrees to pay $185 mnDaimler 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...
- Indian companies 4th-worst bribe payers, globally: Transparency InternationalFive of the worst bribe payers across the world are from emerging economies like Russia, China, Mexico, India and Brazil. Global slump: Ind...
- Battle against bribery gets new allyA new reporting tool has been developed to help companies fight bribery when doing business in foreign countries.
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