WLCI College Reviews Subrato Roy’s situation

Indian tycoon Subrato Roy has been trying to collect the exorbitant figure that has been stated on his bail-bond as the compensation to repay billions of dollars to investors, sold as outlawed bonds. Mr. Roy is putting up his two trophy properties and another luxury New York hotel for sale to raise, approximately $1.6 billion for the bail bond which will get him out of Tihar !

Review of WLCI on the BRICS Bank

Leaders of the BRICS emerging market nations launched a $100 billion development bank and a currency reserve pool as the first concrete step toward reshaping the Western-dominated international financial system.

Sources say that the first president of the BRICS Bank is going to be headed by an Indian National. The name of the first President has not been disclosed yet.

Feedback of WLCI on Retail Giant

WLCI bids adieu to Carrefour !

The French retail giant Carrefour is all set to exit India within this year end. Carrefour had been operating in India since 2010, but now it wants to exit its Indian operations as it was under performing for long. They now want to aim their focus on reviving its French business.

Review of WLCI on BRICS

WLCI reveals the Emerging Nations own World Bank !

Fed up with U.S. dominance of the global financial system, five emerging market powers this week will launch their own versions of the World Bank and the International Monetary Fund. Brazil, Russia, India, China and South Africa —the so-called BRICS countries have come up with their own versions of World Bank Blue-print to curb the US dominance.

WLCI Reviews Crumble Crumbs Bakery

Crumble Crumbs Bakery in New York, USA, announcing that it is pulling down shutters on its business.

WLCI feels that this has had far-reaching consequences and signaled the end of the 'cupcake trend' in business triggered a couple of years ago. With its shrinking equity, small businesses like these are closing its shutters as they are unable to survive with onslaught of competitors who could make different variations of the product at a cheaper price.

WLCI Reviews Budget 2014

WLCI takes a look at the new budget as it was presented by our Financial Ministry on 10th of July. 

This budget seeks to revive growth, curb borrowing and reduce the fiscal deficit of the country. Jaitley announced he would raise ceilings on foreign investment in the defense and insurance sectors and loosen rules for foreign e-commerce retailers and real estate investors.

All in all this is viewed as an investor friendly budget.