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INTERNATIONAL BRIBERY LAWS
Adani Enterprises & other Adani Group stocks rise up to 5% after US drops charges against Gautam AdaniAdani Group shares surged as US prosecutors dropped criminal charges against Gautam Adani and his nephew. This development concludes a 19-m...- Adani Enterprises, other Adani Group stocks jump up to 3%. Here’s whyAdani Group stocks saw a significant jump on Friday. Reports suggest US authorities may resolve fraud allegations against Gautam Adani. A s...
- 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...
- 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, ...
- 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...
- Coming soon: A bill to criminalize bribery in private sectorThe MHA is also considering a proposal for amendments in Indian Penal Code (IPC) for criminalizing acts of bribery in the private sector.
- Bill soon to criminalize bribery in private sectorBringing corruption in private sector within the ambit of the PC Act is the prime focus of the proposed amendment bill.
- Vigilance agencies should take initiative to avoid influence: V NarayanasamyThe Minister noted that private sector has its own obligation to control the "supply side" corruption by complying with modern governance a...
- 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.
- 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.
- Walmart denies flouting domestic laws; says bribery probe a routine exerciseThe Indian unit of Walmart has not flouted any domestic laws and its internal probe is a routine exercise, a top executive of the co told e...
- 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...
- 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.
- Corporate graft: CVC, CBI chiefs appear before Parliamentary panelOfficial sources said Central Vigilance Commissioner Pradeep Kumar and CBI Director A P Singh gave their views on the matter before the pan...
- 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...
- 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...
- 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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