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US charges Gautam Adani over alleged $250 million bribe plot

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  US charges Gautam Adani over alleged $250 million bribe plot Nov 21, 2024 08:12 AM IST Prosecutors also said the Adanis and another executive at Adani Green Energy, former CEO Vneet Jaain , raised more than $3 billion in loans and bonds by hiding their corruption from lenders and investors. Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, U.S.  Authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India’s largest solar power plant project. Prosecutors also said the Adanis and another executive at Adani Green Energy, former CEO Vneet Jaain, raised more than $3 billion in loans and bonds by hiding their corruption from lenders and inves

FOSTIIMA Conducts 3-Days Faculty Development Programme; Faculties from JIMS, GIBS, & Arun Jaitley National Institute

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  FOSTIIMA Conducts 3-Days Faculty Development Programme; Faculties from JIMS, GIBS, & Arun Jaitley National Institute FOSTIIMA Business School,  th e renowned B-School in Delhi, hosted a 3-day Online Faculty Development Programme on “Leveraging Analytics for Strategic Business Management." This programme aims to empower faculty to integrate data-driven insights into their teaching and research, which helps them to utilize their advanced knowledge and skills for strategic decision-making in business management. In this 3-day programme from 12-14 November 2024, faculties from JIMS, GIBS, and Arun Jaitley National Institute of Financial Management get an overview with a combination of hands-on workshops, case studies, and interactive sessions on the fundamentals of analytics, data visualization and interpretation, and advanced analytics techniques to enhance their teaching effectiveness and student engagement in business management. On the first day of the programme, an insightf

Business Integrity Innovations: Championing Integrity – Samia Tnani on Driving SME Growth Through Ethical Governance

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  Business Integrity Innovations: Championing Integrity – Samia Tnani on Driving SME Growth Through Ethical Governance The Compliance Podcast Network (CPN) and the Center for International Private Enterprise (CIPE) are bringing you Business Integrity Innovations. This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business <iframe src="https://www.jdsupra.com/videoembed/?fid=e11d14ec-932e-4473-82f9-f897057b5c0e" width="420" height="315" frameborder="0"></iframe> Event: International Conference on Strategic Management and Business Strategy  visit :business-strategy-conferences.scifat.com  Nomination link: business-strategy-conferences.scifat.com/award-nomination/? ecat

Rethinking Innovation for a Sustainable Ocean Economy

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  Rethinking Innovation for a Sustainable Ocean Economy This new OECD report on the ocean economy emphasises the growing importance of science and technologies in improving the sustainable economic development of our seas and ocean. Marine ecosystems sit at the heart of many of the world’s global challenges: food, medicines, new sources of clean energy, climate regulation, job creation and inclusive growth. But we need to safeguard and improve the health of marine ecosystems to support our ever-growing use of marine resources. Innovation in science and technology will play a key role in reconciling these two objectives. This report identifies three priority areas for action based on a number of in-depth case studies: 1) approaches that produce win-win outcomes for ocean business and the ocean environment across a range of marine and maritime applications; 2) the creation of ocean-economy innovation networks; and 3) new pioneering initiatives to improve measurement of the ocean economy.