21st June 2017 – The Saturn Herald

Indian Finance Minister Arun Jaitley said he favoured disinvestment of the loss-making state-owned airline Air India, to Private sector conglomerate Tata Group, who previously owned the airline 64 years back when it was nationalised. Tata Group’s new chairman N Chandrasekaran has held informal talk with the government for buying a 51 per cent equity majority…

BVI offshore asset value more than double in 7 years

Offshore assets held in the British Virgin Islands have risen to £ 1.19tn ($1.5tn), more than twice the sum estimated in 2010 in seven years. Offshore companies registered in the BVI are used for “corporate structuring” ad over 140 listed businesses in London, New York and Hong Kong have a unit in the BVI. These…