Companies will now have to re-work their tax strategies in order to optimize their U.S. tax profile. In what has been described as a major victory for President’s Obama’s drive to curb tax dodging moves made by corporates, Pfizer Inc’s… Read More ›
Strategy
Dots of Panama Paper were joined by Journalists using Software of Small Australian Firm
Journalists probing the contents of the Panama Papers, one of the biggest document leaks in history were helped by software produced by a little-known Australian developer. The software helped the journalists to piece together news leads from the mountains of… Read More ›
DOJ drags ValueAct to court for regulatory notification violations
ValueAct had settled earlier disputes by paying a penalty of $1.1 million. In this case however, the lawsuit hinges on the definition of “passive” holdings as defined in the Hart-Scott-Rodino (HSR) Act. Citing violations of notification requirements related to Halliburton… Read More ›
LIFT by Encore becomes Boeing sole supplier for seats
The contract covers the current 737 jets as well as the next generation MAX jumbo jets. In a development that has been termed by industry experts as boosting competition, Boeing Co has said it has finalized on a new aircraft… Read More ›
Governments across the globe to probe information in Panama Papers
The Panama Papers come at a time when countries across the globe are facing a financial shortfall. It would be in their interest to recover monies illegal parked in offshore accounts. With the leaking of documents from a Panamanian law… Read More ›
Tesla’s Model 3 nets $10 billion in advance orders in the first 36 hours
For those who are banking on the $7,500 tax credit on EVs, should especially continue to read this article.
Financial details of the wealthy and corrupt – leaked
Is this another Edward Snowden for financial dealings? In a development that is likely to have serious wide ranged implications, tax authorities in New Zealand and Australia are investigating into a massive data leak from a Panama based law firm… Read More ›
Blackstone’s aggressive approach on India’s outsourcing nets it first catch MphasiS
With the west looking to save precious monies by cutting costs, India’s IT sector is increasingly being tapped. In a deal that marks the Blackstone Group’s biggest investment in India, the world’s biggest asset management company is all set to… Read More ›
With strategic low key moves Well Fargo grabs headlines
Slow consistent growth has helped nurture Wells Fargo into the giant bank it is today. Known for the strength of its retail banking, Wells Fargo has been stealthily making a name for itself in the far west of Midtown Manhattan,… Read More ›
36 companies queue up for minority stake in Paramount Pictures
Ever since Phillip Dauman threw open the doors for a “significant” minority stake in Paramount Pictures, Hollywood studios have jumped at this opportunity. Citing confidential sources, the New York Post has reported that Twenty-First Century Fox Inc. is interested in… Read More ›
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