Corporate practices, professional propriety, political conduct, sporting spirit, seems nothing is sacred in India, anymore.
From political corruption, nepotism, corporate malpractices, spot-fixing, to sexual misconduct at work place, India is making headlines for all the wrong reasons.
Ranbaxy & the Singh Brothers
THE SCANDAL: Ranbaxy has been held accountable for falsifying drug data, dangerous manufacturing practices and compromised drug safety. Former promoter Malvinder Singh dismisses the claims of whistleblower Dinesh Thakur as sensational.
Bansal, his Kin & his Fiefdom
THE SCANDAL: Former railway minister PK Bansal had to resign after his nephew was allegedly caught accepting a bribe. Ministry of Corporate Affairs has ordered a probe into the 105 companies Bansal and his extended family are alleged to own.
Phaneesh Murthy & iGate
THE SCANDAL: IT services firm iGate terminated its CEO Murthy's contract for not reporting a relationship with Araceli Roiz, a former head of investor relations. Her lawyers say Roiz is pregnant with his child and that when she refused to have an abortion, he attempted to get her to leave the company. Murthy's defense is that the charge is an attempt at extortion and he denies sexual harassment charges.
S Sreesanth & the Dirty Money Trail
THE SCANDAL: Delhi Police pick up India fast bowler Sreesanth and two of his colleagues from Rajasthan Royals for alleged spot-fixing in IPL-6. The trail gets murkier with the arrest of Gurunath Meiyappan, son-in-law of BCCI president N Srinivasan who also owns Chennai Super Kings.
At global front India is standing at number 90 in ‘World’s least corrupt countries’. [Denmark, Finland, New Zealand at number 1; Sweden at 4, Singapore is at 5; Norway 7, USA 12].
Though we claim India is shining and it’s on path of growth and next decade belongs to India etc; this corruption is certainly pulling us down. It’s like accelerating your car with hands brake on! First question is why this is happening?
This is a tough question to answer and to prevent.
Still, even if the likes of Sreesanth, Murthy and Bansal and the Singhs are forgotten, you can bet your bottom rupee that there will be another sportsperson, corporate executive, politician and business promoter who will be under the arclight of corruption in the days ahead
From political corruption, nepotism, corporate malpractices, spot-fixing, to sexual misconduct at work place, India is making headlines for all the wrong reasons.
Ranbaxy & the Singh Brothers
THE SCANDAL: Ranbaxy has been held accountable for falsifying drug data, dangerous manufacturing practices and compromised drug safety. Former promoter Malvinder Singh dismisses the claims of whistleblower Dinesh Thakur as sensational.
Bansal, his Kin & his Fiefdom
THE SCANDAL: Former railway minister PK Bansal had to resign after his nephew was allegedly caught accepting a bribe. Ministry of Corporate Affairs has ordered a probe into the 105 companies Bansal and his extended family are alleged to own.
Phaneesh Murthy & iGate
THE SCANDAL: IT services firm iGate terminated its CEO Murthy's contract for not reporting a relationship with Araceli Roiz, a former head of investor relations. Her lawyers say Roiz is pregnant with his child and that when she refused to have an abortion, he attempted to get her to leave the company. Murthy's defense is that the charge is an attempt at extortion and he denies sexual harassment charges.
S Sreesanth & the Dirty Money Trail
THE SCANDAL: Delhi Police pick up India fast bowler Sreesanth and two of his colleagues from Rajasthan Royals for alleged spot-fixing in IPL-6. The trail gets murkier with the arrest of Gurunath Meiyappan, son-in-law of BCCI president N Srinivasan who also owns Chennai Super Kings.
At global front India is standing at number 90 in ‘World’s least corrupt countries’. [Denmark, Finland, New Zealand at number 1; Sweden at 4, Singapore is at 5; Norway 7, USA 12].
Though we claim India is shining and it’s on path of growth and next decade belongs to India etc; this corruption is certainly pulling us down. It’s like accelerating your car with hands brake on! First question is why this is happening?
This is a tough question to answer and to prevent.
Still, even if the likes of Sreesanth, Murthy and Bansal and the Singhs are forgotten, you can bet your bottom rupee that there will be another sportsperson, corporate executive, politician and business promoter who will be under the arclight of corruption in the days ahead
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