Before he won in 2016, the Trump Organization expanded its business in India, signing deals in two more big cities.
The day after Trump's victory in November, a developer in India told local media about half a dozen new deals. Like the others, Indian firms buy the land, build the high-rises, sell the units and pay a fee to use the Trump name.
These deals are putting India even more squarely in the Trump Organization's sights. And with Trump on his way back to the White House, the country is emerging as center stage for potential conflicts of interest.
In Trump's first term, it was uncharted territory for a sitting US president to have extensive business interests in foreign countries. During his second term, the Trump Organization aims to issue a more limited ethics plan that is unlikely to significantly curb its growth.
Diese Geschichte stammt aus der December 10, 2024-Ausgabe von Financial Express Ahmedabad.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 10, 2024-Ausgabe von Financial Express Ahmedabad.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
EY case puts spotlight on white-collar labour laws
● Decades-old laws largely focused on blue-collar workers
Pushpa 2 hits ₹1,000-crore milestone at global BO
ALLU ARJUN'S PUSHPA 2: The Rule has hit the milestone of ₹1,000 crore at the global box office in just six days, making it the fastest Indian film to register the feat.
Why international stars are pulling out of Hockey India League en masse
IN OCTOBER, WHEN the Hockey India League (HIL) player auctions were held, 96 international stars were snapped up by eight men and four women franchises. Now, with a fortnight left for the competition to begin, more than one-fourth of them have pulled out.
US hotels welcome Indian tourists with chai, samosa
POST-COVID BOOM
Rupee gains 2p to settle at 84.83
THE RUPEE GAINED 2 paise to close at 84.83 against the US dollar on Wednesday, a tad above its all-time low level, amid rising expectations of a shift in the Reserve Bank's monetary policy stance following the appointment of Sanjay Malhotra as the new governor.
Credit card issuance slows in Q1: Report
THE ISSUANCE OF new credit cards in the first quarter of FY25 declined by over 34% compared to the same period last fiscal—to 4.4 million from 6.7 million—according to the latest CreditScape report by CRIF High Mark.
Equirus Wealth crosses ₹10K cr in assets under management
WEALTH MANAGEMENT FIRM
Sebi notifies tighter insider trading rules
WIDENING THE NET
MFs, pension funds must be active in corp bond market: Setty
STATE BANK OF India (SBI) chairman C S Setty on Wednesday called for active participation of mutual funds and pension funds in the corporate bond market.
Making digital work for women
UPI's ease of use allows them to expand business
