United States Securities and Exchange Commission (SEC) fined technology firm Oracle Corporation over $23 million on charges that it violated provisions of the Foreign Corrupt Practices Act (FCPA). The charge is that Oracle’s subsidiaries in India created and used slush funds – money that is improperly accounted typically for illicit...
Stanford Grad Makes and Sells Wine in India
Rajeev Samant studied engineering at Stanford University and then worked at Oracle. But, he says, "I really wanted to do something that I was really passionate about when I wake up every day, and that was something that I wasn't feeling in my corporate job. I strapped on a backpack...