How Siemens cracked down on corruption & what India Companies can learn from it

Is there anything the Tata Group, with a reputation for ethical conduct of business, can learn from Siemens AG, the 73 billion giant that till recently sanctioned bribery and corruption as business culture? Investigations between 2003 and 2008 revealed the German firm made 4,283 illegal payments totalling $1.4 billion for 332 projects from 2001 to 2007.

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