October 2017

///October 2017

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 [...]

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 [...]

Financial Reforms in India – A New Era

2018-05-28T12:12:20+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

A financial expert delves into how reforms in the sector are set to transform the Indian economy. The last few years have been a seminal period for the Indian economy, not only in terms of the overall progress on the macroeconomic front, but more importantly in the structural reforms undertaken, many of which will have deep-rooted, long-term effects. Be it the Insolvency & Bankruptcy Code (IBC), Demonetisation or Goods and Services Tax (GST), each of these reforms has targeted a [...]

Jaguar Land Rover goes all electric

2020-03-24T07:52:27+00:00October 27th, 2017|2017/2018, October 2017, UK/EUROPE, Year|

Tata Motors owned Jaguar Land Rover (JLR) has unveiled ambitious plans to electrify all its vehicles from 2020 as part of a more greener strategy. Tata Motors owned Jaguar Land Rover (JLR) recently announced that all its new models will be electrified from the year 2020. The luxury brand, acquired by the Indian automotive giant nine years ago, unveiled plans for a range of fully electric, plug-in hybrid and mild hybrid vehicles in the coming years. “Every new Jaguar Land Rover model [...]

Indian universities fall behind in global rankings

2020-03-16T10:21:58+00:00October 27th, 2017|2017/2018, More from this edition, October 2017, Year|

After years of gradually creeping up the worldwide charts of higher education, India suffered a small setback in the latest ranking. India’s performance in world university rankings has registered a decline, with its share of universities falling from 31 to 30 in the global 1,000 list topped by the University of Oxford and Cambridge, according to latest data released recently. The annual ‘World University Rankings’ released by ‘Times Higher Education’ found that India’s flagship institution, the Indian Institute of Science (IISc), fell from the 201-250 band to 251-300 [...]

Can the Indian IT sector overcome the H-1B hurdles?

2018-05-30T10:08:33+00:00October 27th, 2017|2017/2018, October 2017, THE AMERICAS, Year|

A US-based academic analyses how the Indian IT industry is coping with an intensifying squeeze on HI-B visas. In recent months, the US government has been exerting pressure to curb the H-1B visa programme for companies that rely on them and is stressing the importance behind its Hire America policies. The H-1B programme has come under severe scrutiny, much to the concern of its biggest benefactors: Indian tech companies. Indian firms, however, are trying to adapt. One of the leading [...]

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 [...]

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 [...]

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 [...]