CSR implementation plagued by corruption, says watchdog
Some companies may divert or siphon off CSR funds for non-CSR purposes such as personal expenses, political donations, bribes, or illegal activities, says India CSR founder Rusen Kumar
corruption
July 2023
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What SEBI’s new forensic audit rules mean
The new SEBI rules can provide an impetus to Indian organisations to focus on investing in fraud prevention mechanisms in order to detect red flags early on.
Counter-attacking corporate corruption
Only individuals and organisations who are compliant with the rules of the game will survive and succeed.
ICICI Bank sacks Chanda Kochhar
Justice Srikrishna panel finds Kochhar, the former MD and CEO of ICICI Bank, violated the bank’s code of conduct. In a statement, Kochhar says, “truth will ultimately prevail”
End of the road for Kochhar at ICICI Bank
ICICI Bank’s top management finally witnessed the inevitable churn with Chanda Kochhar exiting and Sandeep Bakhshi taking over the wheel. But is this the last we’ll ever see of Kochhar?
The POCA amendments: A clean sweep?
The changes to the Prevention of Corruption Act represent a systematic shift in focus towards the pursuit of bribe givers, as against bribe recipients.
CBI summons Tata Trusts’ Venkat for questioning
Tata Trusts managing trustee and AirAsia India director R. Venkataramanan summoned to appear for questioning on July 3.
India slips on global corruption index
Transparency International says most countries are making little or no effort in ending corruption.
