-PTI World's largest retailer Wal-Mart today said it is investigating allegations of corrupt practices against it in foreign markets, including India. In March 2011, the US-based company had started a worldwide review of its policies, practices and internal controls for Foreign Corrupt Practices Act (FCPA) compliance. "We have inquiries or investigations regarding allegations of potential FCPA violations in a number of foreign markets where we operate regarding FCPA allegations, including but not...

-The Hindustan Times Arvind Kejriwal has resorted to publicly naming and shaming everyone from politicians to corporates, Anna Hazare has reignited the Jan Lokpal debates and scandals are being exposed with increasing frequency. The anti-corruption movement has gathered momentum in the last twelve months, and presumably, corrupt officials are running for shelter. Yet, according to a Hindustan Times survey, 41.2% of respondents feel that government officials are more prone to take a...

-The Times of India The cost of air-conditioners and refrigerators could go up considerably starting next summer if the US and other rich countries force a decision at the UN climate talks in November at Doha, to order a global ban on existing refrigerant gases and replace them with costly though relatively more climate-friendly alternatives. One of the alternatives being proposed is produced jointly by DuPont and Honeywell, two US-based multinationals, and...

-The Times of India PUNE: The Swabhimani Shetkari Sanghatana (SSS) continued its agitation for a higher price for sugarcane crop for the second consecutive day in western Maharashtra. The protesters resorted to stone pelting and roadblocks and brought state transport to a halt in he region. While chief minister Prithviraj Chavan held inconclusive discussions with Raghunath Patil, the leader of Shetkari Sanghatana, another farmers' organisation, SSS president and Hatkanangle MP Raju Shetty...

-AFP Global carbon dioxide missions hit a new record last year at 34 billion tonnes, with China still topping the list of greenhouse gas producers, a German-based private institute said Tuesday. The Renewable Energy Industry Institute (IWR) said that the total amounted to 800 million tonnes more than in 2010, with China accounting for 8.9 billion tonnes -- far more than the US tally of 6.0 billion tonnes. The study found that after...