India Series

Corporate Fraud in India – Case Studies of Sahara and Saradha

First there was Ketan Parekh. Then there was 2G. And then there were Satyam, Tatra, Saradha, Sahara and countless others. Corruption has come to be viewed as an inevitable, if unfortunate, cost of getting things done in India, and corporate and political panjandrums resolutely adhere to this school of thought. READ MORE

Corporate Disasters in India: Bhopal, Uphaar and AMRI Hospital

On the morning of December 3, 1984, India witnessed in shock what would soon be considered the world’s greatest industrial disaster. A gas leak at Union Carbide India Limited (UCIL) pesticide plant in Bhopal exposed more than 500,000 people to methyl isocyanate (MIC) and other deadly toxins.  READ MORE

India’s DEMONetization: An Ethics Analysis

What is Demonetization?

Demonetization strips a currency of its status as legal tender. Government pulls the present form of notes or coins from circulation and replaces them with new ones. Any form of the old currency becomes invalid[1].

A government takes this step with an aim to correcting a specific unwanted economic condition. That condition may be corruption and excessive use of black money in the country, improper payment of taxes by citizens, or terror financing. READ MORE…