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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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        Companies must make succession planning an ongoing process

        2018-05-30T10:20:08+00:00October 27th, 2017|2017/2018, More from this edition, October 2017, Year|

        Good corporate governance in a company includes succession planning as a vital element. Organisations that can envisage continuity of business in times of exigencies such as unexpected departures of key people are possibly following best practices. The realisation must dawn on companies to make succession planning as an ongoing process and not an adhoc event. It can serve twin purposes of maintaining continuity in leadership and developing knowledge capital for the future. Board and the CEO’s Role A company’s Chief [...]

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          Banking the unbanked is India’s big success story

          2018-08-01T12:50:35+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

          Arundhati Bhattacharya is the first woman to chair the State Bank of India (SBI), India’s largest state-owned bank. Just before her retirement in early October, she took time out for ‘India Global Business’ during a visit to the UK to delve into Indian banking reforms and the promise of measures like demonetisation and Goods & Services Tax (GST) having a positive impact on the economy in the long term. What does the new SBI bond index series launched in the UK [...]

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            Colonial Cousins

            2018-08-01T12:50:37+00:00October 27th, 2017|2017/2018, COUNTRY FOCUS/Australia, October 2017, Year|

            India and Australia have great historical and cultural linkages but that is yet to translate into bilateral trade and investment. It is an anecdote that Matt Staff, a former senior executive at mining behemoth Rio Tinto’s operations at Pilbara region of Western Australia and now a part time tour guide in Perth is only too happy to narrate to his occasional Indian guests. Staff’s familiarity with the region and his inherent cheerful disposition would mean he would often be called [...]

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              India is at a cusp of a revolution

              2020-03-26T07:08:21+00:00October 27th, 2017|2017/2018, GLOBAL INDIAN, October 2017, Year|

              Dr B.R. Shetty is the Founder and Non-Executive Chairman of the Abu Dhabi based NMC Healthcare and Chairman of UAE Exchange, which most recently hit the headlines for its acquisition of forex major Travelex. The Karnataka-born and UAE-based entrepreneur opens up to ‘India Global Business’ on his journey, his inspirations and future plans. What makes the UAE a good base for your enterprises? In the last four decades, I have learnt so much about different cultures, made many Emirati friends [...]

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                Illuminating India’s scientific contributions

                2018-05-28T13:10:07+00:00October 27th, 2017|2017/2018, More from this edition, October 2017, Year|

                A brief chronicle of the country’s inventions and ideas that have been pivotal in shaping the world come to life as part of the UK-India Year of Culture. Some of the most important ideas in the history of science, technology, mathematics and engineering find their roots in India. Thanks to the influence that Indian scientific thought had on the civilisations with which it made contact, those ideas and inventions spread throughout the world. Illuminating India: 5000 years of science & [...]

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                  Indian companies scour the world for resources

                  2018-08-01T12:47:34+00:00October 27th, 2017|2017/2018, COVER FEATURE, October 2017, Year|

                  Resource-poor but demand-rich Indian companies are prospecting and mining natural resources such as coal, oil & gas and other minerals at locations as far apart as Indonesia, Africa, Australia and the US to feed their factories back home. Here’s a trivia question: Which Indian company has a presence, in one form or another, in Audi, BMW, Porsche, Mercedes Benz, Ford, Ferrari, Jaguar and Hyundai cars? Don’t let the presence of Jaguar on that list fool you. The answer is not [...]

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                    Adani weathers storm over Queensland mining project

                    2020-03-17T06:28:49+00:00October 27th, 2017|2017/2018, COVER FEATURE, October 2017, Year|

                    Steadfast support from the public at large is likely to see Adani's $16.1-billion mining project, India’s largest outbound FDI, through the hurdles. There appears to be some sort of jinx revolving around projects carrying the twin labels of “largest FDI” and “India." Remember Dabhol? The power project by the now bankrupt US company Enron in Maharashtra was the largest inward foreign direct investment (FDI) project at the time. After several false starts, it is finally limping along as the Ratnagiri [...]

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