Global News Blog India's Supreme Court deals blow to corruption - and foreign investors (+video)

India’s Supreme Court has ordered the government to cancel telecommunications licenses awarded in 2008 that are at the center of one of the country’s largest corruption scandals.

Danish Siddiqui/Reuters

India's Supreme Court today issued a landmark decision against government corruption. The move will ultimately raise international confidence in India, but in the short term investors may stay away while the country cleans house.