HAL signs MoU with Transparency International India
Hindustan Aeronautics Ltd. (HAL) has inked a Memorandum of Understanding (MoU) with the Transparency International India (TII), the coalitions against corruption, to promote corruption-free, fair and transparent business practices in the company. TII will advise HAL and support it in implementing its integrity pact programme. HAL is the first defence public enterprise to sign the MoU.
About Transparency International
Transparency International (TI) is a non-governmental organization that monitors and publicizes corporate and political corruption in international development. It publishes an annual Corruption Perceptions Index, a comparative listing of corruption worldwide. The headquarters is located in Berlin, Germany.
Note: Currently India ranks 94th on the CPI released in December 2012.