India has put on hold all existing and new deals with U.K.-based Rolls-Royce pending completion of an investigation into allegations of bribery.
Rolls-Royce said it would “cooperate fully” with Indian authorities.… Continue Reading
India’s emergence as the largest importer of weapons in the world has coincided with well-intentioned efforts to clean up a procurement process with a history of bribery problems.
However, a blacklist system to ban errant arms dealers has potentially weakened efforts to modernize India’s outdated military and done little to actually stem corruption.… Continue Reading
The conviction of an important Indian politician has some commentators speaking breathlessly of a renewed commitment to fight graft in India. If only it were true. In the land that invented chess, however, the only thing that has changed is the cost to play the game.… Continue Reading