PARIS/NEW YORK (Reuters) - French oil company Total has agreed to pay $398 million to settle criminal and civil charges brought by the U.S. government over alleged payments of bribes to Iranian officials in exchange for oil and gas contracts. Separately, the Paris prosecutor said Total and Chief Executive Christophe de Margerie should face trial in the same case. "Total used illicit payments to win business in Iran, and reaped substantial financial benefits as a result," Andrew Calamari, Director of the U.S. Securities and Exchange Commission (SEC), said in a statement. ...
Source: http://news.yahoo.com/tata-motors-shares-rise-earnings-beat-forecast-034923152.html
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