Vietnam is critical to balance of power in Asia

    2020-03-04T07:06:48+00:00April 18th, 2018|2017/2018, Country Focus, Global Edition – April 2018, Year|

    Given the ambivalence of some ASEAN countries to China’s rise and Beijing’s hardnosed strategy of using its financial heft to buy influence across Asia, it is important for democracies like India and Japan to foster cooperation with Vietnam. It is not very often that New Delhi hosts the Prime Minister and the President of the same country within a span of five weeks. But that’s exactly what Indian Prime Minister Narendra Modi did, inviting Vietnamese Prime Minister Nguyen Xuan Phuc [...]

      M&As and JVs mark Indian companies’ global footprint

      2020-03-05T10:31:57+00:00April 18th, 2018|2017/2018, Country Focus, Global Edition – April 2018, Year|

      India’s steel and automotive industries were in the limelight with acquisitions and joint ventures. JSW Steel acquires US-based Acero Junction Indian steelmaker JSW Steel Ltd has agreed to acquire US-based steel mill owner Acero Junction Holdings Inc. for up to $80.85 million (Rs 527 crore) in cash to expand its North America operations. The acquisition will help JSW Steel establish its presence in Ohio, US, and gain deeper access to the North American steel market, the company said in a [...]