Alleged Fraud Undoes 5,800% Surge at Unit of ‘Most Ethical’ FirmBy and
Ricoh India’s shares have been suspended since May this year
Saga puts spotlight on Indian corporate governance standards
Two months after Japanese camera and printer maker Ricoh Co. was again recognized as one of the world’s most ethical companies, the shares of its Indian unit were suspended following a rout exacerbated by allegations of fraud.
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