Business
Sterlite Industries Bought US Based Asarco LIc
Sterlite Industries Ltd has agreed to buy the entire operating assets of the US-based copper mining company Asarco Llc for $2.6 billion (around Rs 11,050 crore) in cash.
Sterlite emerged as the highest bidder in a court-approved auction; other bidders included Grupo Mexico which owned Asarco before the latter became bankrupt.
With Asarco acquisition, Sterlite Industries will [...]
The Advantages of Having Offshore Account
There are many advantages of having an offshore accounts. The obvious one is tax minimization - doing business where tax is legally not payable. Another is privacy. Most offshore locations have laws in place guaranteeing your financial privacy.
Another advantage of an offshore bank account is the access it provides to profitable offshore funds.
Another advantage of [...]
Virtual Office Services - Cost Effective for Small Businesses
When we talk about making money, every penny saved is every penny earned proves to be true. In business, it’s very important that you save on the extra cost to the business and increase the profit margins. Few major heads in the cost of business are the office spaces, employee salaries, furniture etc and unfortunately [...]
