The UK audit regulator has outlined the plan to breakup the Big Four accounting firms in letters sent to the leaders of Deloitte, EY, KPMG and PwC. In what would amount to a far-reaching shake-up of the accounting industry,...
Walmart's payment services provider PhonePe have suffered an outage after the Reserve Bank of India (RBI) on Thursday put Yes Bank under moratorium. Strangely, PhonePe, despite its big transactions is fully dependent on Yes Bank, as its payment gateway...
Global banking giant HSBC has filed a winding up petition in a Singapore court against an overseas subsidiary of IL&FS Transport Services Ltd (ITNL) for recovery of dues totalling more than Rs 1,000 crore. In the first such case against...
There's a lot of talk about the US China trade war, but while you're looking over here a conflict between the two giants is brewing over in Pakistan. The conflict is about global dominance and Pakistan’s financial security is...
What have Russian mobsters, Chinese intelligence agencies, Colombian drug lords, and the notorious international terrorist Osama Bin Laden to do with the California Public Employees Retirement System or the California Department of Transportation? - Chinese Army's ties to U.S....
American Sen. Mitt Romney’s investment firm Bain Capital profited billions between 1992 and 1997 by collecting huge dividends for investors that eventually resulted in layoffs for thousands of American workers. According to an estimate, Mitt Romney profited $20K for...
American Sen. Mitt Romney’s investment firm Bain Capital profited billions between 1992 and 1997 by collecting huge dividends for investors that eventually resulted in layoffs for thousands of American workers. In 1984, Romney helped co-found Bain Capitol, which made a...
In 1984, Mitt Romney left management consulting firm Bain & Company to co-found the spinoff private-equity investment firm, Bain Capital. For the next 15 years, Romney presided over Bain Capital's operations, which shifted focus over time from venture capitalism...
Months after the cyberattack at Kudankulam where India's Thorium research was targeted, the Indian government is contemplating to allow Foreign Direct Investment (FDI) in nuclear power area. The decision, likely to be considered by the Prime Minister's Office (PMO),...
Infosys to pay $800K to settle worker misclassification, tax fraud charges. The State of California had alleged that between 2006 and 2017, approximately 500 Infosys employees were working in the State on Infosys-sponsored B-1 visas rather than H-1B visas. Indian...