Financial Transparency Coalition

Swiss Bankers Association has declined to give names of Indian holding accounts in Swiss banks. But they could not hold American's names, they buckled down, revealed names of US nationals and paid fines to US also. Why do we then fail?

NEW DELHI — Endemic corruption is harming India's reputation overseas, Prime Minister Manmohan Singh said Wednesday, warning that foreign investors were being scared away by the "menace".

New Delhi (PTI) -- In the midst of a row over tainted money stashed in banks in Switzerland, the government today said it will begin talks with that country in December for amending the relevant treaty and it was not interested in a "roving inquiry".

NEW DELHI: Non-disclosure of transfer of beneficial ownership by promoters has caught the eye of policymakers. While noose has already tightened on listed companies after the Satyam episode by market regulator Sebi, the focus has now turned to tightening the disclosure for non-listed companies.