A recent article in Financial Chronicle reported that the Reserve Bank of India is going to conduct stringent background checks on any banks wanting to do business in that country.   Because of the financial meltdown, the RBI’s new policy will be to determine early if any banks seeking business entry into India pose financial risks.   [...]

Two famous men are quoted as having proclaimed, “Neither a Borrower or Lender Be.”    One was the bard, William Shakespeare.  The other was Ben Franklin, one of America’s founding fathers, inventor, publisher, scientist and bon vivant.   So here two respected  men living more than a century and a half and an ocean apart, declared with [...]

Many great businesses started from modest beginnings.   If America is nothing else, it is the place where someone with an idea and a chocolate chip cookie can grow into a major franchise.   In the case of Tariq Farid, featured in Inc.Com,  he started out only wishing to sell fresh fruit artistically shaped like flower bouquets.    [...]

The economic downturn has instituted changes in the trucking and transportation industry.   Where once upon a time the trucking industry could rely on the insurance companies to run its Motor Vehicle Driving Records (MVR) this is no longer the case.   Insurance companies, presumably in an effort to cut expenses have been delegating that responsibility to [...]