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    H1B visa troubles: Wake-up call for Indian IT sector

    2018-05-18T13:02:54+00:00October 31st, 2017|2017/2018, Last Word, October 2017, Year|

    India takes a tough stand on the Trump administration’s visa crackdown. It’s two steps forward and one step back – once again. We’re talking of Indo-US relations here and the rollercoaster it has been riding on since Donald Trump’s ascent to the White House. The latest irritant to mark the otherwise warm relationship between the two countries is the tightening of rules for issuing H1B and L1 visas. A new directive issued by the Trump administration recently made it more [...]

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      Koala cuddle

      2018-09-04T12:49:55+00:00October 30th, 2017|2017/2018, October 2017, Putting it in context, Year|

      India's distinct model of globalisation is pegged on its commitment to greener growth economics. Our cover in this issue featuring Adani Group Chairman Gautam Adani cuddling a koala bear is an ode to India's distinct globalisation and development model. While it takes inspiration from the cover story on Adani’s $16.5-billion Carmichael coal mine-railroad-and-port project in Queensland, it also seeks to encapsulate the essence of Indo-Australian relations. India and Australia have now moved beyond the traditional three Cs that characterised the relationship [...]

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        Indian firms make a Europe mark

        2020-03-16T13:22:14+00:00October 27th, 2017|2017/2018, October 2017, UK/EUROPE, Year|

        Acquisitions in the field of software and pharmaceuticals dominated the Indian march across UK and Europe in recent months. Tata Steel completes sale of UK mills The UK’s Liberty House Group has completed the purchase of two pipe mills from Tata Steel UK in north-east England. Liberty, which is part of the GFG Alliance, had signed a provisional agreement to acquire the units at Hartlepool last month and appointed top steel pipe specialist, James Annal, to head the new pipe [...]

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          India’s expansion drive finds newer markets

          2018-05-28T13:01:10+00:00October 27th, 2017|2017/2018, FEATURE REGION, October 2017, Year|

          From Turkey and Egypt to the Gulf, Indian companies continue to show an appetite for emerging markets. Mahindra acquires Turkish tractor firm Mumbai-based Mahindra and Mahindra Ltd has acquired Erkunt Traktor Sanayii AS, a Turkish tractor maker and its foundry business for Rs 800 crore ($123 million) through Mahindra Overseas Investment Co.(Mauritius) Ltd. The buyout will provide the company access to Turkish agricultural machinery market, the fourth largest globally, and help it enhance its product portfolio. Mahindra has already acquired [...]

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            Australia woos Indian companies to invest Down Under

            2020-03-16T13:19:08+00:00October 27th, 2017|2017/2018, COUNTRY FOCUS/Australia, October 2017, Year|

            The world’s 13th largest economy is the ideal investment destination for Indian organisations seeking international expansion to secure access to natural resources – minerals and energy – and create assets, technologies and brands, claims the country’s trade and investment commission. An economy with 26 years of consecutive growth integrated with Asia, Europe and North America; globally competitive industries; a smart, skilled workforce makes Australia an compelling investment destination. Australia - High-quality products and services to the world Australia is: a [...]

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              India taps Central Asia for energy security

              2018-08-14T12:51:49+00:00October 27th, 2017|2017/2018, FEATURE REGION, October 2017, Year|

              Indian Prime Minister Narendra Modi has brought about a paradigm shift in India’s quest for oil, gas, uranium by forging close relations with the five ‘Stans’ – Uzbekistan, Kyrgyzstan, Kazakhstan, Tajikistan and Turkmenistan. The controversial and much delayed Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is finally getting a move on – a full 22 years after it was conceived. Following the groundbreaking ceremony last December, India will host the next meeting of the Steering Committee which has been formed for the $7.6-billion, [...]

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                India digs deep Down Under

                2018-08-01T12:54:31+00:00October 27th, 2017|2017/2018, COUNTRY FOCUS/Australia, October 2017, Year|

                Tech solutions, real estate and food production – India’s interest in Australia encompasses a wide array of sectors. ANAROCK buys Indian arm of Aussie firm ANAROCK Property Consultants Pvt Ltd, the real estate venture floated by former JLL India chief Anuj Puri, has acquired the local operations of Australian realty broking firm LJ Hooker under the Redwoods brand. ANAROCK chairman Puri said in a statement: “The acquisition of LJ Hooker’s Redwoods is in line with our overall business strategy and [...]

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                  India attractive as an export hub

                  2020-03-13T13:16:53+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

                  A number of international companies are stepping in to take advantage of India’s location as a promising export hub. Foxconn eyes exports from India The world's largest contract manufacturer, Foxconn, plans to begin exports to the Middle East and African countries from India the end of this year. The Taiwan-headquartered phone and electronics maker is stepping up an expansion of its manufacturing facility in Sri City, Andhra Pradesh, while scouting for more locations including Tirupati in the same state, besides [...]

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                    New territories, new gateways

                    2018-08-01T12:48:13+00:00October 27th, 2017|2017/2018, EMERGING MARKETS, October 2017, Year|

                    The Netherlands, Singapore and Mauritius have emerged as leading destinations for outbound Indian FDI. The attractions are benign tax laws, ease of doing business, easy access to international markets and robust regulatory frameworks. The two top destinations for outward foreign direct investments (FDI) from India are Mauritius and Singapore. Three more tax havens – Jersey, Switzerland and British Virgin Islands – also figure in the list of Top 10 outward destinations. These jurisdictions are obviously bases from which the investments [...]

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