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Foreign investors press India to stamp out corruption

29 August 2012 Last updated at 00:09 BST

India's government is expected to announce plans to boost investor sentiment and boost exports, to revitalise its faltering economy in the next few weeks.

The move comes as the Government in New Delhi faces fury, amid claims of corruption over losses incurred during the process of selling state owned coal assets.

Foreign investors are hoping the latest scandal involving claims of corruption will push India to speed up economic reforms.

Vineet Nayar, the chief executive of the technology firm HCL, told the BBC why the Indian Government is acting slowly.