December 2017

///December 2017

Indian companies scour the world

2020-03-12T14:44:48+00:00December 20th, 2017|2017/2018, December 2017, India-US, Year|

From Bangladesh and Africa to Israel and China, the footprint of India spread far and wide in recent months. Gloster plans foray into Bangladesh Diversified jute manufacturer and exporter Gloster Limited is planning to set up a unit in Bangladesh. The new unit will be a greenfield site and cater to the export market. Hemant Bangur, executive chairman, Gloster Ltd, said: “We are planning to set up a unit in Bangladesh for which we are talking to one of the [...]

Job creation at core of Indian impact in US

2020-03-16T11:24:11+00:00December 20th, 2017|2016, 2017/2018, December 2017, India-US, India-US, Year, Yearend 2016|

Indian companies created over 100,000 jobs in the US in recent months, which will define the relationship into the New Year. Biocon widens BristolMyers Squibb tie-up Biocon's contract research arm, Syngene International, has expanded its ongoing drug discovery and development with US-based Bristol-Myers Squibb till 2026. Syngene International said in a Bombay Stock Exchange (BSE) filing: "The next phase of the partnership will see the addition of a new facility to support future Bristol-Myers Squibb research and development operations, an [...]

Around the world in 2017

2018-08-01T12:07:44+00:00December 20th, 2017|2017/2018, December 2017, India & The World, Year|

Indian Prime Minister Narendra Modi made a series of strategic visits during the year, including State Visits across Europe, the US and Israel. This snapshot of his official tours around the world captures the diplomatic strides made by India in 2017 and the regions of focus for 2018. His External Affairs Minister, Sushma Swaraj, was also part of this diplomatic agenda, as was Indian President Ram Nath Kovind.

A year of wholesale clean-ups

2020-03-06T13:03:45+00:00December 20th, 2017|2017/2018, Cover Story, December 2017, Year|

As 2017 draws to a close, we look at a number of steps taken by the Narendra Modi government to clean up processes and lay out a roadmap for faster growth. It is never a wise thing to look back upon, and label a year when there’s still half a month to go for the New Year. Having got that caveat aside, it would be fair to call 2017 the year of clean-ups – when the Narendra Modi government decided [...]

Re-set the year, re-set your body, re-set your mind

2018-08-01T12:01:04+00:00December 20th, 2017|2017/2018, December 2017, Year, Yoga Corner|

India Inc. yoga expert runs through how to re-align the mind and body for the New Year with a range of poses, meditation and breathing techniques. January 1 serves as a benchmark to reflect and take stock of where we have come from and plan where we will be going. For many of us it’s a time to re-set. Resetting means ‘to set again or differently’. The New Year allows us to do exactly that. If you have been reading [...]

2017: A year of digital transformation and the shift to make for India

2020-03-20T05:56:29+00:00December 20th, 2017|2017/2018, December 2017, More from this edition, Year|

Digital India has led to a change of mindset geared towards innovation and technology. India feels like a changed country this year. Travelling around and meeting people around Mumbai as we approach the end of 2017, I see many signs of this – from the use of mobile wallets on the toll roads, to digitalisation of systems providing provident fund management as part of employee pension schemes. But it’s not only the signs of the digital transformation around every aspect [...]

India’s top 50 Outbound Investments 2017

2018-08-01T11:54:43+00:00December 20th, 2017|2017/2018, December 2017, Snapshot 2017, Year|

Indian companies, including big corporates and small and medium enterprises (SMEs), executed some ambitious expansion plans across various markets this year. ‘India Global Business’ reviews some of the progress in its annual deal tracker. Aurobindo Pharma buys Portugal firm Hyderabad-headquartered drugmaker Aurobindo Pharma Ltd agreed to acquire Portugal-based pharmaceuticals products manufacturer and supplier Generis Farmaceutica SA from private equity firm Magnum Capital Partners for €135 million ($142 million). The deal will help consolidate the Indian company’s footprint in Portugal, where [...]

Good economics is good politics; India’s state elections prove this

2020-03-16T09:37:04+00:00December 20th, 2017|2017/2018, December 2017, Last Word, Year|

The BJP's recent state election wins should encourage the government as it proves that good economics is being rewarded by voters. After a month-long, fractious and often ill-tempered campaign during which some pundits forecast doom for the BJP, the ruling party in Gujarat emerged victorious with 99 seats in a House of 182 – winning a sixth straight term in office. The election was important. A jolt in Gujarat would have undermined Indian Prime Minister Narendra Modi’s reforms agenda to make deep and fundamental changes in governance and [...]

The Big Indian Clean-up

2018-09-04T12:48:53+00:00December 20th, 2017|2017/2018, December 2017, Putting it in context, Year|

The year 2017 will come to be remembered in India as the year of the big clean-up of past choke points for the economy, writes India Inc. Founder & CEO Manoj Ladwa. Indian Law Minister Ravi Shankar Prasad told Parliament recently that the Narendra Modi government has abolished 1,183 outdated laws since it came to power in 2014. The clean-up of the entire Indian legal and economic eco-system that began three years ago, picked up considerable pace over the last year. [...]

Green bonds lead the way for India-UK ties

2018-08-01T12:05:43+00:00December 20th, 2017|2017/2018, December 2017, INDIA-UK, Year|

A series of green bond listings on the London Stock Exchange to raise funds for Indian infrastructure projects dominated the bilateral relationship in recent months. India, UK to ink pact in urban transport sector India and the UK will sign a pact soon for cooperation in policy planning, technology transfer and institutional organisation in the urban transport sector. India’s Transport Minister, Nitin Gadkari, met UK’s Transport Secretary Chris Grayling in London recently and discussed a draft memorandum of understanding (MoU) [...]