corporate espionage in india

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WELCOME

JAWAHARLAL NEHRU TECHNOLOGIAL UNIVERSITY ANANTAPUR

CORPORATE ESPIONAGE IN INDIAPRESENTED BY B M CHANDRA SHEKAR140A1E0008UNDER THE GUIDANCE OF Dr. B.C. LAXMAN SIR

ESPIONAGEThepracticeofspyingorofusingspiestoobtain secretinformation,especiallyregardingagovernmentorbusiness.

TYPES OF ESPIONAGEIndustrial Espionage

Economic Espionage

Corporate Espionage

Corporate espionage is the process of illegally and unethically obtaining confidential information government officials to be able to gain a competitive advantage

WHY PEOPLE ARE INVOLVING IN THIS SCANDAL

COPRPORATE ESPIONAGE IN INDIAA quick look at the ministries from which information and documents were pilfered tells you much of the story: Finance, Defense, Petroleum and Natural Gas, Coal and Power.

Booming Business Of Corporate EspionageCorporate espionage in India is hardly new. For decades, tycoons have used spies to ferret out information about what is going on behind closed doors in the corridors of power. Access to sensitive information known only to a few powerful politicians and influential bureaucrats is often not just a source of profit but also provides competitive advantage over business rivals.

CORPORATE SPICES OF YESTERDAY1986: Coomer Narian Charged with criminal conspiracy and leaking classified information to agents of foreign companies

Dr. PC AlexanderHe resigned in the wake of the espionage scandal

1998: V BalasubramanyamRaid on him, led to the recovery of secret documents including cabinet notes

DOCUMENT STOLEN INCLUDE SENSITIVE INFORMATIONNational Gas GridNational budget gridMarket sensitive dataConfidential minutes of high level government meetingsGovernment plans for foreign collaborationsPlanned project with other countriesForeign investment proposals by MNCDisinvestment decisions relating to public sector companies

The growing list of companies allegedly involved in the scandalReliance IndustriesEssar IndustriesJublicant energies & Cairn IndiaGMR GroupPrice Wate House Coopers

Crony Captalism was replaced by crony capitalism, especially when it came to allocation and pricing of natural resources

Action PromisedThe federal government, headed by prime minister of India Narendra Modi by promising that he would fight corruption, has vowed to take action, saying that no guilty party will be spared. Reaction to the arrests, Reliance Industries and the Essar Group have has said they have launched internal probes.

ConclusionThe ministries and departments will ensure that confidential work is not done on computers connected to the internet and it must to ensured that external memory device cannot be connected to the USB drives on these computersCounting devise in photocopying machines and other office equipment should be made good use of so that unauthorized copying Is not done. CCTV cameras can also be deployed judiciouslyThere should be amendments in Official Secret ActThe M.I.S in Defense should be installed in Ministries Also