Quid-Pro-Quo,  ICICI bank and their special privileges Sep25

Quid-Pro-Quo, ICICI bank and their special privileges

Recent news has reported that a panel was created to probe into Videocon Group promoter Venugopal Dhoot granting to the Kochhar family certain assets to secure special loan terms and other privileges from ICICI Bank, one of India’s biggest national banks. This probe is invlolved in examining property dealings undertaken by Chanda ...

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Legal Tech: Humans v. Robots Sep21

Legal Tech: Humans v. Robots

One of the most vivid and original legal tech experiments in Russia is the robot LegalApe 2.8 developed by PJSC MegaFon (telecommunication services operator), which was developed on the basis of neural networks using data distributed into small information blocks which includes judicial practice, business correspondence, scientific w...

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China’s Traditional Festival: Mid-Autumn Festival Sep18

China’s Traditional Festival: Mid-Autumn Festival

Mid-Autumn Festival can trace it’s roots from the beginning of the Tang Dynasty and became a popular holiday in the Song Dynasty. It has become one of the most important traditional festivals in China along with Spring Festival, which emerged during the Ming and Qing Dynasty. Affected by Chinese culture, Mid-Autumn Festival is also...

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The new Italian regulation on fixed-term labor contracts Sep13

The new Italian regulation on fixed-term labor contracts

Italian labor laws have always considered the open-ended employment relationship as the standard and most dominant category of employment contract. On the other hand, a fixed-term employment relationship has always been discouraged and placed under strict limitations, even though this position has been softened in recent years. From ...

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Doing Business in Vietnam: opportunities in Franchising Sep05

Doing Business in Vietnam: opportunities in Franchising

There have been more than 200 enterprises with hundreds of brands licensed to franchise in Vietnam that operate in various sectors, including pharmaceutical, fashion, convenience stores and undoubtedly most prevalent, the food & beverage industry. The enterprises are mainly from Europe, the USA, China and Japan. Nowadays, many we...

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The VAT rate increase in Russia Aug29

The VAT rate increase in Russia

On June 14, 2018, Russian Prime Minister Dmitry Medvedev announced at a government meeting a plan to raise the VAT rate in Russia from 18% to 20%. These changes will presumably come into force on January 1, 2019 and will be aimed at increasing revenues to the budget in order to finance new social programs. In this article we will des...

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Bakr Id in India Aug22

Bakr Id in India

Bakr Id which is also known as Eid al-Adha or Id-ul-Adha in Arabic is a festival celebrated by the Muslim community all around the world. The festival is based on the mythological story of a command from Allah to Ibrahim to sacrifice his own son Ishmael, Ibrahim subsequently went on to follow God's orders, but at the very  last mome...

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The origins and traditions of the Italian holiday of Ferragosto Aug15

The origins and traditions of the Italian holiday of Ferragosto

Ferragosto is a traditional Italian holiday with very ancient origins, which is celebrated on the 15th of August. With this article, we would like to introduce our followers to the origins of this holiday and the meaning of the traditions accompanying this recurrence.   The origin of the term “Ferragosto” de...

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Real Estate Investment: A Promising Trend for FDI in Vietnam Aug09

Real Estate Investment: A Promising Trend for FDI in Vietnam

Since the Vietnamese government has decided to pursue an open-market economy, the country has seen significant improvements in all of its business sectors, this is also thanks to various investment incentives, an abundant labor force as well as promising business opportunities. According to recent research, in 2017, industry and c...

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Army Day——Historical Origin Aug02

Army Day——Historical Origin

On the 1st August 1927, the Chinese Communist Party launched the Nanchang Uprising , which marks the 1st shot of the armed resistance against the kuomintang reactionaries which started a new era in the creation of the People’s Army. On the 11th July,1933, upon the decision of the provisional cent...

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