Three years in, Shanghai Automotive Industry Corporation (SAIC) has exited from their investment into General Motors India in an all equity deal after the 50:50 joint venture proved unprofitable for the Shanghai auto major. SAIC announced that it had diluted its...
Fueling the consumer boom in India, the media and entertainment industries together are expected to grow at a compounded annual growth rate of 17 percent between 2012 and 2016 to touch Rs.1.75 trillion, according to a report – ‘Indian Entertainment & Media...
The fresh crop of leaders expected to take their place in the world post the 18th National Congress of the Chinese Communist Party, which starts in Beijing on November 8th, will inherit a China not only riddled with a slowing economy, corruption and myriad social...
At the height of his career, Rajat Gupta, the former Goldman Sachs Group Inc. director and McKinsey & Co. managing director, was sentenced to two years in prison for passing insider information to his friend and business partner, Galleon Group LLC co-founder Raj...
Recent statistics have shown a steady growth trajectory for both India and China. While GDP and manufacturing output numbers quantify a nation’s progress, softer statistics are showing a discerning upward trend. In recent report by International Finance...
