Well, the story has truly broken exposing British Prime Minister David Cameron of having invested in a finance scheme involving tax avoidance. But is this a crime? Despite what religious doctrine announces, we all need to look after our finances in the very best way we can. Some people have wondered if David Cameron worked with…
A thirteen-year-old Indian IX standard school boy, Akshat Mittal, of Amity International School, in sector 44 Noida, in Delhi, India, creator of odd-even.com., which matches individuals to potential ride-share in the direction of their commute, sells his company to Indian ride-sharing company Orahi.com for an undisclosed sum. The website designed by him in December 2015,…
UK cyber security upstart Darktrace, a world leader in Enterprise immune System Technology and Threat visualisation, is in talks with Silicon Valley investors to raise its value to £283million US$ 400million. The funding would mean the company’s valuation has quadrupled in less than a year. Darktrace was seeking to top up its cash reserve in anticipation…
Shoppers abandon food at the self check-outs as they still have not worked out all the jiggery pokery they need to master to calmly scan their goods and bag them up. Funny that as a lot of these people think they’re clever – so why is it happening? Some people when they go out shopping…
Anbang led by Wu Xiaohui, is determined to takeover the US company, after Starwood Hotels and Resorts said a $13.2 bn cash bid from a group led by Anbang, China’s Primavera Capital and US private equity Group JC Flowers, thereby trumping its planned deal with Marriott International. Mr Wu is married to the granddaughter of…
George Osborne announced the bitter taste of budget including sugar tax, clampdown on tax avoiding multinationals and business rate relief for small businesses, as the economic outlook worsened. New lifetime ISA for young savers under -40s Isa limit to increase from £15,000 to £20,000 from next year. New Lisa or lifetime ISA…
India is now the World’s fastest growing large economy, with a bright future. For India to sustain growth, improvements are necessary including accelerated infrastructure investments, greater openness to foreign direct investment and consolidation and recapitalisation of public sector banks, a more stringent bankruptcy code, fast track delivery of public assistance and freedom for individual states…
London Stock Exchange Group Plc and Deutsche Boerse AG agreed to merge, a deal that would create world’s biggest trading organisation as long as rival suitors don’t upend the agreement and regulators give their blessing. The two companies valued at £21.3 billion ($30.5bilion), LSE’s equity holders will own 45.6 per cent while Deutsche Boerse’s stockholders…
The Indian government imposed a ban on codeine-based Corex cough syrups, as they posed a health risk, and soon after shares in the Indian unit of US based drugmaker Pfizer tumbled by 9 per cent. Pfizer’s India unit said in a statement it had stopped selling its Corex cough syrup that contains codeine, a…
Vijay Mallya, 60 year old Indian businessman and politician who owned India’s biggest liquor company and a private jet, an Airbus, and launched Kingfisher an airline to match his style and flamboyance. Kingfisher went from boom to bust. Lalit Modi, their ownership of IPL teams and jet setting lifestyles. Mallya made his escape to London…