August 18, 2012
Washington — Software giant Oracle has agreed to pay $2 million to settle US regulators' charges that its Indian subsidiary violated foreign anti-bribery laws by secretly setting aside money to make unauthorized payments to phony vendors.
In a complaint filed with the federal court in San Francisco, the US Securities and Exchange Commission (SEC) Thursday alleged that during a period between 2005 and 2007, employees at Oracle India had distributors keep some funds off the books.
August 18, 2012
NEW DELHI – Popular anti-corruption activist and Indian yoga guru Baba Ramdev was lying low Thursday after an eventful week as all sides tried to assess whether widespread public anger over graft will be channeled into a new political party, resurface in another mass demonstration or dissipate, allowing the flow of dirty money to continue uninterrupted.
August 18, 2012
Bangalore: India Test batsman VVS Laxman is likely to announce his retirement from international cricket, according to media reports emerging from Hyderabad on Friday.
It is understood that VVS Laxman was pondering which moment in the New Zealand series would be right for his exit
August 17, 2012
NEW DELHI: Smoking is eight times more prevalent among Indian men than women. However, an average Indian female smoker puffs more cigarettes a day (7) than male (6.1).
August 17, 2912
NEW YORK - All is forgiven for Time magazine writer and CNN host Fareed Zakaria, who last week was suspended by both outlets for apparent plagiarism.
CNN said Thursday that Zakaria's weekly "GPS" public affairs program returns to the air Aug. 26. Time said in a separate statement that Zakaria's column would resume with the magazine's Sept. 7 issue.
August 17, 2012
Microsoft, Apple, Dell and HP among tech companies steering clear of ‘conflict materials’ from Congo in their high priced toys. But others, like Nintendo, Canon and Sharp, are getting a failing grade, says report.
August 17, 2012
Master Bill Clinton Kaligani, who was so named after he was born on the same day that President Clinton arrived in Uganda in 1998, first met his famous namesake when he was just a newborn.
August 16, 2012
Washington — Downplaying the significance of Indian Prime Minister Manmohan Singh's upcoming visit to western sanctions hit Iran, the US has hoped he would convey to Tehran the importance of meeting its international obligations.
August 16, 2012
New Delhi: The Basketball Federation of India (BFI) announced its contingent for the 22nd FIBA Asia Under-18 Championship for men to be held in Mongolia August 17-26.
August 16, 2012
Port-of-Spain — "What would have happened if Gandhi had today's new technology like internet, social media, email and networking tools to challenge the British Raj," a Trinidad and Tobago minister asked while calling for tolerance in society during an event to mark India's Independence Day.
