The technology underpinning the digital currency Bitcoin has created a sensation around the world. Here an expert in the field delves into what blockchain really means for Indian companies with a global outlook.
Donald Trump and his fellow travellers in Europe are doing their countries a disservice by recklessly pulling up the drawbridge on immigration, writes India Inc. CEO Manoj Ladwa. Everyone knows that whenever their fortresses and castles came under siege, kings of old would pass the order to pull up the drawbridges and every able man would take up position to repel the invaders. And most of you will be familiar with the story of Don Quixote, the fictional medieval Spanish [...]
Outbound FDI from India will increasingly be driven by a need to fill knowledge and product gaps aimed at the domestic market. Finance Minister Arun Jaitley has greased the wheels of the investment cycle with allocations of almost $90 billion for building roads, railway infrastructure, inland waterways, ports, airports and rural infrastructure for 2017-18. This massive public spending spree, marking a humungous increase over the figures for the current year, is expected to translate into large contracts for Indian and [...]
The new Indian high commissioner to the UK believes India and the UK can work together towards a win-win visa regime. “In the field of IT, our professionals are renowned the world over. It is very important that our IT professionals can come and work and go back. They will contribute immensely not only to the local economy but also the global economy, which is what they are doing in Silicon Valley and the rest of the world,” says the [...]
The Indian pharmaceutical industry is holding on to a sliver of hope that it could become the supplier of choice for the US market. Indian IT sector CEOs aren’t the only ones weighing every word uttered by US President Donald Trump for nuances and burning the midnight oil wondering how to maintain their lead in their largest market. IT’s less glamorous but equally successful knowledge sector cousin, the Indian pharmaceuticals industry, is also worried about how the new US administration’s [...]
Kiran Mazumdar-Shaw is a consistent presence on definitive global lists as one of the world’s most powerful women. As the Chairman and Managing Director of Biocon Limited, she is a trendsetter in the field of biotechnology in India. Here she takes time out for ‘India Global Business’ to give us an insight into her entrepreneurial drive and India’s own biotech journey. How has India's biotech sector grown since you entered as a pioneer in the field? The Indian biotech industry [...]
Many companies establish a professional board of directors comprising “stars”, but sometimes even star teams with sophisticated individuals may take bad decisions, writes a corporate governance expert. From among many factors that could be responsible for such decisions, two stand out: availability of information and a board agenda. Good decisions can follow if appropriate and adequate information is shared. To make a high quality “informed” decision, the board should get as much information about an issue as possible. What happens [...]
Just days after Donald Trump was sworn in as the 45th US President, there is much upheaval around his series of unilateral executive orders. There is yet another draft reportedly awaiting his signature, which could hit Indian professionals hard. American billionaire Donald J. Trump marked his first days in the Oval Office in characteristic style by signing some of the most controversial executive orders in history. The suspension of the US refugee programme for 120 days and a cap on [...]
A new report released the UK’s Free Enterprise Group makes the case for Britain to prioritise free trade agreements (FTAs) with key Commonwealth nations like India following Brexit. ‘India Global Business’ explores the rationale behind this strategy.
‘Reconnecting with the Commonwealth: The UK’s free trade opportunities’, released by the British MPs led Free Enterprise Group, suggests a five-step plan for the UK government as it gets ready to leave the European Union (EU).
Prime Minister Narendra Modi has struck a delicate balance of engaging with China where there is mutual benefit and standing up to the South Asian neighbour where India’s strategic interests demand. Dealing with China is arguably Prime Minister Narendra Modi’s most daunting foreign policy challenge. That’s because it is difficult to fit the Middle Kingdom into any of the comfortable stereotypes that Indian diplomats have got used to. The first problem is one of definition. How does one categorise China? [...]