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 a group entity of crisis-hit Infrastructure Leasing and Financial Services
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 hanging in the balance. If China succeeds it could be on
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. money. Note: This is the author’s text of an article that
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 every American laid off via Bain Capital. After bankrupting American workers,
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 series of investments in small and medium-sized American companies, only
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 to leveraged buyouts. Mitt Romney profited $20K for every American laid
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), would be a paradigm shift in India’s nuclear power policy, and
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 IT major Infosys has agreed to pay $800,000 (nearly 75.6
An Indian antitrust investigation into the Bearings Cartel has found that units of Tata Steel, Sweden’s SKF and Germany’s Schaeffler colluded on the pricing of bearings to pass higher raw material costs onto customers in the auto sector; opening them up to potential fines. India’s Competition watchdog The Competition Commission
Shashi Tharoor, a serving member of the Indian Parliament lately known for his anti-British position has ironically been recruited by the son of a Pakistani British spy in his firm CTD Advisors, heavily infested with former British intelligence chiefs advocating foreign intervention in Kashmir and with insider information from its