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. HSBC ILFS Case – HSBC Files Rs 1000 Crore Recovery Case Against IL&FS In Singapore Court
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. Mitt Romney’s Bain Capital Profited Billions By Bankrupting 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 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. Infosys To Pay $800k In Visa Tax Fraud Indian IT major
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. Bearings Cartel – Tata Steel caught
