HONG KONG--A.M. Best believes interest from foreign investors in India's insurance sector will be heavy now that global insurers are permitted to increase their stakes in Indian companies, according to a new briefing.
The Best's Briefing, titled "India's New Legislation Will Draw Significant Foreign Investment Interest and Enhance Local Market's Capacity," explores the amended law that will allow foreign parties to own up to 49% of an insurance company in India. The change represents a significant increase from the previous limit of 26%.
MUMBAI, India--M/s SOLICIS LEX, represented by its Managing Partner, Advocate Ameet Mehta and M/s GONZALEZ OLIVIERI LLC, represented through Mr Raed Gonzalez agreed to exchange and work together in legal fields especially immigration laws, and the MoU was signed on 8th April, 2015.
CAMBRIDGE, MA— Prithviraj Chavan, a prominent leader of the Indian National Congress Party and a former chief minister of Maharashtra, is a rising star of his party. When he visited Boston recently to attend India Conference at Harvard University, he sat down with INDIA New England News and talked about the future of his party, which was completely decimated in state elections in Delhi and suffered a humiliating defeat in national elections last year.
India has yet again emerged as the world's largest importer of weapons and military equipment, accounting for 15 percent of global imports, according to a new report by the Stockholm International Peace Research Institute. The United States has taken a firm lead as the major arms exporter globally, according to new data on international arms transfers published by SIPRI. Overall, the volume of international transfers of major conventional weapons grew by 16 per cent between 2005—2009 and 2010—14.
BOSTON—In their new book, Retail Revolution: Will Your Brick-and-Mortar Store Survive, Harvard Business School faculty members Rajiv Lal and José Alvarez and former HBS Research Associate Dan Greenberg explore the strategic options available to brick-and-mortar retailers in the age of eCommerce. "Based on our extensive research," said Prof. Lal, "there is an urgent need for rethinking the stores and taking immediate action, without which many chains will quickly enter zombie territory."
PATNA, INDIA-- With more than two-thirds of its population lacking access to electricity, Bihar needs to add significantly to its generation capacity and ramp up investment in transmission and distribution if it is to provide affordable and reliable power to its people, says a World Bank study.
Vanita Shastri, who resigned as executive director of TiE-Boston last September, has joined newly-launched Ashoka University in India. Shastri could not be reached for comment, but sources said that she had joined the Ashoka University as Dean of the Undergraduate Programs.
BURLINGTON, MA—Area's four entrepreneurs and TiE-Boston's 2014 Entrepreneurial Achievement Award Winners who had successful acquisitions or Initial Public Offering (IPO), had a very sound advice to budding entrepreneurs: "Raise money when you can raise money and when you don't need it."
BOSTON - The Boston Globe Magazine, together with its partner The Commonwealth Institute (TCI), announced that they are opening the 14th annual Top 100 Women-Led Businesses in Massachusetts survey. The deadline is May 29. The Top 100 will be announced at a breakfast on October 23 and published in the Globe Magazine's Women and Power Issue on October 25 (both in print and at bostonglobe.com/magazine).
So you want to be the boss, of your own life and possibly future employees. Entrepreneurship is tough enough, but lots of would-be business-starters are hit with a double-whammy when it comes to funding their dream businesses, because of one thing: bad credit. Bad credit sucks, but luckily, there's hope!
Good credit is like a good relationship. You work on it for years and it doesn't happen in one day, or even one year. However, unlike most good relationships, the ways to achieve good credit can be confusing in their technical complexity. When you have a bad credit score, fixing it can take years and be incredibly frustrating. But don't give up, even if your credit is less than perfect.
Last year, an epic battle played out on the North American book publishing landscape. The conflict pitted an ecommerce retailer/vanity publisher against traditional trade publishers, new ideas against old, price against value, which ultimately spawned the creation of a group called Authors United led by American author Douglas Preston.
In previous years we suggested purchasing Virginia Land Preservation Credits. A dollar of tax credit could be purchased for 75 or 80 cents, saving a significant amount of money on state taxes. In recent years, however, some of these credits were challenged. Some of the people who purchased them had to redo their tax returns. Now, 88 cents is one of the best prices available. You still have to pay short-term capital gains on what you save. As a result, we are not recommending them this year.
In December 2009, Tristina Elmes owed more money than she could pay in taxes and found herself in tax court. The IRS wanted to collect as much as they could as quickly as possible. During an IRS summons, Elmes chose to plead the Fifth Amendment because she didn't trust the IRS in its fishing expedition.