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The National Demo-cratic Alliance (NDA) government has proposed to substantially reduce the kind of information whistle-blowers will be able to disclose under the Whistleblowers Protection Act, 2011.
MUMBAI: Indian companies are increasingly roping in specialists to manage their whistle-blowing mechanisms at a time when employees don't hesitate to vent out their frustrations on social networking sites or to rush to regulators in case of a suspected fraud or an irregularity.
From Timesofindia.indiatimes.com -
MUMBAI: Recent legislations such as the newly enacted Companies Act or the amendment to Sebi's Listing Agreement have boosted the morale of whistleblowers in India Inc. An employee who is troubled with information or incidents he has come across, merely needs to dial a dedicated hotline, shoot an email or log into a portal to report the matter.
From Business-standard.com -
The promoter of a foreign company had a complaint that its country manager was making use of the entity’s intellectual property and customer database for personal gain. A probe revealed the person had been selling goods 20 per cent cheaper to certain customers through an intermediary and taking part of the profit.
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