One of the leading puzzles related to cross border flow of investment is the phenomenon of ‘Round Tripping’. Here, money from a country (eg. India) flows to a foreign country (Mauritius) and comes back as foreign direct investment to India. We were told that demonetization would combat the black economy
It has come to light recently that the dubious dealings between Bharat Sanchar Nigam Ltd (BSNL) and Cisco Systems, an American multinational technology conglomerate headquartered in San José, California, has caused a loss of Rs 300 crore to the Indian taxpayers. The scam involves 2 deals: BSNL’s Rs 95 crore
While pointing out the role of the House of Rothschild in the Kingfisher Deal and the Spectrum Scam we asked our readers the below set of questions which has become a recurring pattern. Why is it that everytime a major scam is unearthed, apart from the politicians, bureaucrats, lobbyists, corporates
Few months back we reported how a business baron who owed banks thousands of crores of rupees could leave the country as a defaulter in spite of court proceedings under way, a consortium of 17 banks asking for his passport to be impounded, and former Kingfisher employees demanding their salaries
In the previous parts of this ongoing Foreign countries Dictating India Series we saw how after the collapse of the US economy in 2008, the Dubai Economic Miracle experiment was hatched to get rid of the Dubai FLU via Foreign Direct Investment in India routed through the tax-havens; whereby the
In the first part of this FDI Series we saw how after the collapse of the US economy in 2008, the Dubai Economic Miracle experiment was hatched to get rid of the Dubai FLU via Foreign Direct Investment in India routed through the tax-havens; whereby the Nathan Mayer Rothschild Group