India-US: The Ties that Bind
There is much that binds India and the US, from famous Indian American contributions to spiritual gurus that made a lasting impact. ‘India Global Business’ takes stock of some highlights.
The big democrat vs republican divide
It has been described as the most divisive elections in history and the Indian-origin politicians on either side of the Hillary Clinton vs Donald Trump divide are no exception. Reflecting much of the US Elections 2016 trends, a number of the Trump supporters seem to be rather muted while Clinton has a more gung-ho team. ‘India Global Business’ hand-picks some of the prominent players.
Indian pharma firm acquires UK’s Actavis to beat Brexit gloom
Beats Mylan, Novartis, Torrent, Aurobindo to the post. Promoter says hungry for more
Almost inarguably, October 5th 2016, a Wednesday was the biggest day in the life of 53 year old Binish Hasmukh Chudgar, the highly low profile vice chairman of Ahmedabad based Intas Pharmaceuticals. That day in central London, Intas snapped up Israeli generic drug maker Teva’s assets in UK and Ireland—Actavis UK Ltd and Actavis Ireland Ltd—in a record $ 764 million deal (Rs 5083 crore) out muscling bigger global rivals like Mylan and Novartis or domestic competition like Aurobindo pharma and Torrent Pharmaceuticals in a bidding process that lasted over 6 months.
Hillary will be (just) a safer bet for India
So Donald Trump “is a big fan of India and a big fan of Hindu (sic)”; is he? At a gathering of about 5,000 American Indians at New Jersey’s Raritan Center, addressing what was probably the first country-specific ethno-religious rally by a US presidential hopeful, the Republican candidate promised a “phenomenal future” for Indo-US ties and said that under a “Trump administration”, the two countries “are going to be best friends”.
This is the first time that Trump has spoken about his vision for the country's relationship with India and has tried to tick all the right boxes. But American Indians remain wary of him, given his earlier protectionist rants, which, if taken...
Flanders accelerates India toward a bright, high-tech future
Flanders is one of three official regions of Belgium in the European Union (EU). ‘India Global Business’ throws the spotlight on this economic powerhouse to see what it can offer Indian companies looking to set up in Europe. Flanders is all about synergy – synergy between knowledge centers, corporations, universities, markets and culture. The region’s perfect combination of talent, innovation, infrastructure and purchasing power make it a bustling metropolis that gives wings to Indian businesses. Are you ready to take [...]
India comes to grips with creating world-class universities
Indian universities have had the dubious distinction of lagging far behind on global rankings for decades. However, this year marked a significant shift, with a record 31 making the grade in the definitive ‘Times Higher Education World University Rankings’ for 2016. ‘India Global Business’ looks into what is behind India being branded the “star” of South Asia this year. The Indian Parliament had recently passed the Institutes of Technology (Amendment) Bill 2016, which is hoped to mark a watershed moment [...]
What made this Indian firm choose Flanders?
A Mumbai-headquartered manufacturer shares its reasons behind choosing Flanders as a European base. The JBF Group specialises in polyester and related products with end-use applications in textiles and packaging. The group’s activities in India are focused on polyester yarns & resin businesses and it recently announced its first foray into the petrochemical business with the setting up of a greenfield Pure Terephthalic Acid manufacturing plant in Mangalore. The group’s activities outside India operating manufacturing plant site located in UAE through [...]
Riding on an entirely Indian solar solution
Naveen Rabelli recently completed a unique 10,000-km journey from India to the UK in a fully solar-powered auto-rickshaw. His mission was simple: To show the world what Indian jugaad or frugal innovation can achieve in the world of renewables.
Brexit a huge opportunity for new India-UK deal
Shailesh Vara MP was elected to the British Parliament in 2005 and has held a number of senior positions, including former justice minister and former work and pensions minister. Prime Minister Theresa May recently appointed him co-chairman of Conservative Friends of India (CFI) alongside Ranjit Singh Baxi. ‘India Global Business’ caught up with him to discuss his priorities in a new post-Brexit scenario.
Post-Brexit UK has much to gain from Indian job creation
‘India Global Business’ reviews India’s growing investment interests in the UK as the second-largest job creator for the country. Official UK government statistics for 2015-2016 reveal India’s firm hold among the top three source markets for foreign direct investment (FDI) into the UK.
With the shadow of Brexit hanging over India-UK ties, the latest figures for Indian investment into Britain paint a fairly promising foundation for the UK to build on. As the country negotiates its terms of exit from the European Union (EU) and seeks to strike out stronger partnerships with other economies, there are clear reasons...