Round Tripping 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
How a letter from the Bank of Rothschild can make $40 million of Indian taxpayers money vanish? Sometime back a consortium of 17 banks led by State Bank of India went to the Supreme Court to issue arrest warrant against Vijay Mallya. In the written affidavit they said that Mallya
Recently a widow of the freedom fighter who fought in Subhash Chandra Bose’s Indian National Army lost a legal battle to get back their own money her husband had deposited in Shanghai. The Delhi High Court said that the government cannot raise a dispute with another country on private claims.
Sometime back a consortium of 17 banks led by State Bank of India went to the Supreme Court to issue arrest warrant against Vijay Mallya. In the written affidavit they said that Mallya had not disclosed his bank account with the Rothschild Bank, Geneva. The banks had accused Mr. Mallya
Note: The below GreatGameIndia story has led to a major national controversy exposing the role of #DeLaRue in printing of Indian currency notes. GreatGameIndia itself received a notice from the advisory firm Brunswick on behalf of De La Rue regarding the story. De La Rue’s notice and the official GreatGameIndia response
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
Swaraj Is India at the crossroads to Swaraj (independence) or Slavery (dominion)? At the dawn of the new millennium India stands, dazed and indecisive, at the crossroads. As perhaps the only secular nation with population of a billion, with thousands of political, spiritual and religious leaders of various denominations, with
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
This excerpt from our exclusive East India Company Series article titled Noble Motives focuses on the puzzle of the disappearance of the EICs and their reemergence as modern day MNCs (Multi National Corporations). The East India Company (the “Company”) was one of the institutions created as a product of the Venetian Merchants takeover of England’s
