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ORACLE FCPA FINE
Railway Ministry begins investigation against Oracle following SEC orderAccording to the SEC order, “Oracle India sales employees used an excessive discount scheme in connection with a transaction with a transpo...- 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...
- 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.
- Doing business in India’s corruption-rich environment remains a perilous endeavourAlthough India emerged as world’s largest arms importer, its defence deals are mired in allegations of pervasive graft. India’s grave corru...
- 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
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