Bharti-Walmart saga: US anti-corruption laws can have a big impact on India
The 2014 Corruption Risk Index ranks India as an "extreme risk" jurisdiction, alongside fellow notables, the Democratic Republic of Congo and Somalia. Bharti-Walmart's high-profile corruption woes — and the ineffectual inquiry into its alleged offences — continue to generate appalling headlines globally, and must be considered a contributing factor in the joint venture being called off.
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