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As I saw the reports this week out of Munich about Siemens pleading guilty to bribing politicians and officials in Nigeria, Russia and Libya, it reminded me that Siemens is a large player in Pakistan. Has any one looked into Siemens engaging in similar corrupt practices in Pakistan?
And, how about the behavior of other American and European companies operating in Pakistan? There are definitely laws on the books in the West such as the Foreign Corrupt Practices Act (FCPA) in the…
ContinueAdded by Riaz Haq on November 19, 2007 at 12:28pm — 6 Comments
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South Asia Investor Review
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With the expansion of the internet access in rural areas, several local language AI applications have recently been launched for downloads by farmers in Pakistan. These apps help with crop planning, soil sensing, personalized fertilizer recommendations, disease diagnoses, weather forecasts and market prices. A couple of these have been downloaded by half a million or more farmers in the country. Some of these apps use open source large language models (LLMs) like…
ContinuePosted by Riaz Haq on October 14, 2026 at 1:00pm — 2 Comments
India's Tata Group is going through a major boardroom crisis. Noel Tata, the Chairman of the Tata holding company, has been removed from the Tata Group's board by N. Chandrasekaran, chairman of Tata Sons. Noel Tata has declared the decision illegal, a stance the board disputes. The crisis has been precipitated by a 2022 decision by India’s central bank to order the company to seek a stock market listing for Tata Sons, to comply with new rules governing systemically important…
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