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Penalty on global turnover for anti-trust violations may not be a deterrent to MNCs, say lawyers

Penalty on global turnover for anti-trust violations may not be a deterrent to MNCs, say lawyers

Amongst a host of big changes made to the law, is the provision empowering CCI to impose penalties on the global turnover of a company that’s found violating the competition law. Global turnover includes the company’s turnover from all products… Read More »Penalty on global turnover for anti-trust violations may not be a deterrent to MNCs, say lawyers

CARE controversy: Don’t blame the business model of credit rating agencies for compromises on ethics

CARE controversy: Don’t blame the business model of credit rating agencies for compromises on ethics

Every time a rating agency fails, its issuer-pays business model is called into question. But the analytical depth and quality of ratings have little to do with the drivers of revenue: it is about the integrity of leadership and corporate… Read More »CARE controversy: Don’t blame the business model of credit rating agencies for compromises on ethics

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