-The Telegraph The New York Times has reported that Wal-Mart, the US-based retail giant, hushed up an internal investigation sometime after the company was told of a bribery campaign to obtain licences and facilitate rapid expansion in Mexico. Some of the alleged instances of bribery are certain to ring a bell in India where it is not too difficult to bend rules for a price. The New York Times said its “examination...
More »SEARCH RESULT
Govt plans to regulate pyramid marketing-Appu Esthose Suresh & Vidhi Choudhary
The Economic Intelligence Council will discuss the issue when it meets at the end of this month The government is likely to form a central agency to regulate so-called multi-level marketing (MLM) schemes after the Economic Intelligence Council found they had become a “preferred” mode of fraud. In the wake of an increasing number of economic offences, the United Progressive Alliance government has also decided to set up a multidisciplinary school...
More »Will courts regulate the media?-Nikhil Kanekal
Inaccuracy in reporting court proceedings has caused friction between the press and the legal community On the morning of 10 August 2011, senior lawyer Harish Salve looked upset as he entered Chief Justice of India (CJI) S.H. Kapadia’s courtroom, holding a newspaper that had published an article on a case he was arguing in the Supreme Court. Salve complained that the article in question, written by a journalist at news agency Press...
More »TRAI gets govt approval to act as civil court by Joji Thomas Philip
The apex decision-making body of the communications ministry has cleared the proposal to grant more powers to the Telecom Regulatory Authority of India (TRAI) and enable the watchdog to act like a civil court. This puts TRAI on par with the Securities and Exchange Board of India and the Competition Commission of India and permits the telecom regulator to 'summon persons, examine them on oath, demand documents and evidence on affidavits...
More »London Olympics in crisis as India threatens boycott by Nina Lakhani
Indian athletes are threatening to boycott next summer's London Olympics in an extraordinary stand-off with the head of the 2012 Games, Lord Coe, over his controversial sponsorship deal with a chemical company. Lord Coe is under personal attack for signing the deal with Dow Chemical – under fire in India for its ownership of Union Carbide, whose Indian subsidiary was responsible for the Bhopal industrial disaster, one of the world's worst,...
More »