Complex Financial Products World’s most successful investor billionaire Warren Buffet, in the year 2002 in his letters to shareholders said- “Highly complex financial instruments are time bombs and financial weapons of mass destruction that could harm not only their buyers and sellers, but the whole economic system” If we talk about the derivatives market we [...]

Indian Pension Industry Facts and figures show that there are over 80 million elderly people in India and the segment is growing at a rate of 3.8% per annum, which is well high as compared to the rate at which the rest of the Indian population is growing. The rest population is growing at the [...]

Suntech Debt Default Suntech (STP) which is one of the worst managed solar companies in the industry has been going through tumultuous times after it got entangled in a multi-million dollar fraud and firing its chairman and founder Zhengrong shi. The company now has defaulted on $541 million convertible debt, which came up for redemption [...]

Leverage Buyout Leverage Buyout is the process of acquiring a firm in which the investment for acquiring is made partially by equity and partially by other debt instruments (borrowing). The acquisition of the company or a segment of the company is funded by debt. The assets of the acquired company are used as collateral for [...]

International Business After globalization becoming the buzzword in today’s world, international business has given a new shape and has also created a new dimension in the world of business as in how the business is carried out. In a layman’s word International Business is related to the business which is carried out internationally. Formally it is [...]

Suntech, China The world’s largest solar panel company in 2011 now faces possible closure as it does not have money to pay the convertible bond due in March 2013. Suntech has been one of the worst managed solar companies despite its initial advantage and size. The company has made numerous mistakes over the years. The [...]