Panasonic says its avionics unit is being investigated by US authorities under the Foreign Corrupt Practices Act
1 min read2 Feb 2017Teva's settlement with US department of justice and SEC relates to conduct in Ukraine, Mexico and a guilty plea by a subsidiary in Russia
1 min read22 Dec 2016Cognizant CEO Francisco D'Souza said it was found that certain members of senior management may have been aware of or participated in the matters under investigation
1 min read8 Nov 2016Cognizant appointed India-born Rajeev Mehta as the new president of the company after the current president Gordon Coburn resigned
2 min read1 Oct 2016Ericsson is being investigated by US authorities over possible corruption related to its business in China
1 min read17 Jun 2016Thousands of small payments were made to low-level officials to help move goods through customs or obtain real estate permits
2 min read20 Oct 2015Where Indian firms might be getting it wrong is in their estimation of how hard some govts are going after corruption
3 min read12 Dec 2012The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared