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 ›
Strategy
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 ›
Foxconn to acquire Sharp for $3.5 billion
$900 million has been cut from its initial offer arising out of the discovery of undisclosed liabilities at the very last minute. Casting off doubts of whether the two companies can work together in a fiercely competitive market, Foxconn has… Read More ›
Amazon now offers 36 million pre-packaged services
Up from its previous year figure of 2 million, Amazon has reported a 20% surge in its newly formed Home Services department. Amazon has reported an increase of 20%, on average, of its home services platform which includes services such… Read More ›
Orange and Bouygues boards meet independently for merger talks
Ahead of their scheduled merger, the board of directors of the French telecom giants meet independently to iron out any burrs and regulatory requirements that may act as a hindrance to the deal. Two anonymous sources who are knowledgeable of… Read More ›
SunEdison at heightened risk of bankruptcy
Its aggressive acquisition strategy has saddled it with a whopping $11 billion in debt. However, since TerraForm Global Inc and TerraForm Power Inc, its sibblings, are yieldcos, with separate legal identities, they need not follow SunEdison if it were to… Read More ›
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