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ORACLE BRIBERY CASE
Oracle fined $23M on bribery charges; Mahindra expects to triple biz with Rivigo acquisitionIn a major revelation by the US Securities and Exchange Commission, software major Oracle was fined over $23 million for using slush funds ...- SEC fines Oracle over $23 million on bribery charges in India, Turkey and UAEOracle violated provisions of the Foreign Corrupt Practices Act (FCPA) as its subsidiaries created and used slush funds to bribe foreign of...
- Oracle India used slush funds to bribe officials & win orders, says US SECOracle Corp will pay about $23 million to resolve charges its units in Turkey, the United Arab Emirates and India used slush funds to bribe...
- Bharatchain: The key digitisation pivot for improving India's public sector effectivenessWith blockchain, institutions can streamline service delivery and improve data security; while for citizens it could enable easier, quicker...
- On right track: Navigating India's address problemThe success of many e-commerce enterprises in India, from web-retailing to ride-hailing and food delivery, hinges on cracking the code to w...
- From Russia with concern: Cisco's audits raised red flags about resellersCisco Systems found that much of business between resellers of its products telecommunications company, Svyazinvest, could not be verified.
- MNCs find it tough to do business in India due to corruption and uncertain lawsPayments to govt to renew contracts and for licences and permits are not alien and govt interference breeds a culture of corruption.
- Bharti Walmart's ex-employees being asked to sign pact to appear before US court in bribery probeIt is not clear whether Raj Jain, who suddenly left Bharti Walmart after seven years at the helm, has agreed to appear before the US author...
- 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
- 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 ...
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