Embraer to pay $205 mn to settle graft charges in India, 3 other countries

Aircraft manufacturer Embraer has agreed to pay over $205 million (over Rs 1,371 crore) as settlement with American and Brazalian authorities for resolving corruption charges in India and three......

CBI files FIR in Embraer deal; UK-based arms dealer named main accused

The Central Bureau of Investigation on Friday registered a case against NRI arms dealer Vipin Khanna and two companies based abroad in connection with alleged payment of $5.7 million (Rs 38 crore)......

Rajya Sabha MP, close to Jagan, indicted in US

US indicts Rajya Sabha MP K V P Ramachandra Rao, a close associate of Y S Rajasekhara Reddy and his son Jaganmohan Reddy, in bribery and corruption case. Rediff.com's Suman Guha Mozumder reports......

Indian origin man held by FBI in kickbacks sting

An Indian-origin British national is among 22 executives of military and law enforcement suppliers arrested by the Federal Burea of Investigation on charges of attempting to bribe the Defence......

Why Cognizant is going slow in India

Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to......

Bitter chocolate: Cadbury's US parent fined Rs 88.5 cr in India bribery probe

Global confectionery and food major Mondelez International will pay USD 13 million in penalty to the United States government for violating anti-corruption law by its subsidiary, the erstwhile......

Budweiser maker pays Rs 40 cr, settles India bribery charge

Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making “improper payments” to government officials......

Walmart plans tieups with Indian online retailers

US retail major is in talks with Flipkart, Snapdeal, ShopClues and Grofers for partnership. American retail major Walmart is learnt to be exploring ways to tie up with leading e-commerce companies......