Global Edition – April 2019

///Global Edition – April 2019

Democracy Trumps Terror

2019-05-10T14:28:28+00:00May 8th, 2019|2019, Global Edition – April 2019, India Inc News|

The UN’s blacklisting of Jaish-e-Mohammed chief Masood Azhar as a global terrorist is another big win for India’s proactive diplomacy, writes India Inc. Founder & CEO Manoj Ladwa. Who says democracies are ill-equipped to tackle global terror? The Narendra Modi government’s proactive diplomacy paid off big time when China removed its veto and allowed the United Nations to designate Pakistan-backed Jaish e-Mohammed (JEM) chief Masood Azhar a global terrorist. The US, the UK and France deserve a large part of the credit for this but it was the [...]

What ails the Indian civil aviation sector

2019-05-10T11:49:41+00:00May 8th, 2019|2019, Global Edition – April 2019, Home Page|

Indian airlines are growing the fastest in the world, but a majority of them are also losing money. A number of factors, such as the world’s highest aviation turbine fuel prices and problems with some aircraft brands, are challenges they need to overcome but there’s massive room for growth as a majority of Indians still consider flying very expensive. India’s oldest private sector airline, Jet Airways, downed shutters “temporarily” in April as lenders tried to find a white knight buyer [...]

It is time for Indian companies to make a direct connection with Europe

2019-05-08T12:19:44+00:00May 8th, 2019|2019, Global Edition – April 2019|

A policy expert discusses business opportunities and operational challenges faced by Indian companies looking to expand into Europe, especially amidst Brexit. Brexit is a continuing challenge for businesses in which the most difficult aspect is uncertainty. As I write, there is no solution clearly in sight. The cliff edge of 29 March may be averted, but the schisms marking British politics show no sign of bridging the divides. Business leaders have been stating for a long time that we must [...]

India picks up speed on key defence pacts

2019-05-10T11:50:40+00:00May 8th, 2019|2019, Global Edition – April 2019, Home Page|

The recent Lockheed Martin deal illustrates how the new defence policy is changing common perceptions and paving way for India to become a strategic defence partner for the US. In early April, the US State Department approved the sale of 24 Sikorsky MH-60R multi-mission helicopters to India in a $2.6 billion deal that will significantly improve India’s naval firepower. These Lockheed Martin-built helicopters are designed for hunting submarines as well as knocking out ships and conducting search-and-rescue operations at sea. [...]

Learning innovation in Indian banking and financial services

2019-05-10T12:01:30+00:00May 8th, 2019|2019, Global Edition – April 2019, Home Page|

The recent collaboration between IMT Ghaziabad and Vlerick Business School aims to equip students with a global vision and a local sensibility. Just as financial business leaders think worldwide, business schools must also think world-wide. It is a fact that best business schools are global, with campuses in different continents. Their best financial degrees are often in a partnership with other schools located overseas. Alliances between schools from different continents are built for offering the best international experience to their [...]

Onshore, nearshore and offshore are all important to IT strategy

2019-05-10T11:55:30+00:00May 8th, 2019|2019, Global Edition – April 2019, Home Page|

U.B. Pravin Rao is the Chief Operating Officer (COO) of Infosys and has been with the Indian software major since the 1980s. In this interview with ‘India Global Business’, he traces some of the company’s major milestones, the impact of artificial intelligence and robotics, and developments in the field of cyber security. What are some of the key sectors of focus for Infosys in international markets like the UK? Is the ease of movement of IT professionals a concern within [...]

Tata steels against hurdles in the path of European merger

2019-05-08T12:33:59+00:00May 8th, 2019|2019, Global Edition – April 2019|

Tata Steel’s joint venture plans with German steel giant ThyssenKrupp struggle to clear strict European Union (EU) competition norms. German steel giant ThyssenKrupp recently confirmed that it has submitted a comprehensive package of proposed solutions to the European Commission to obtain clearance for the merger of Thyssenkrupp Steel Europe and Tata Steel Europe. The Commission had opened an “in-depth” investigation into the proposed merger in October last year amid concerns that the deal between two of the world’s major steel players may reduce competition in the supply of various high-end [...]

The future is already here

2019-05-08T12:34:24+00:00May 8th, 2019|2019, Global Edition – April 2019|

Joyeeta Das is the Founder and CEO of Gyana. In the interview with ‘India Global Business’, the tech entrepreneur shares her thoughts on the current and upcoming trends in tech. How has Big Data and AI evolved in the context of Gyana? It has always been a problem of scale. Also, techwise, we had to invent the stack as there is no ready-made software stack for deep learning on geospatial data. Currently, we are leading this space and have two [...]

India is a treasure trove of excellent craftsmanship

2019-05-08T12:36:05+00:00May 7th, 2019|2019, Global Edition – April 2019|

Carl Morenikeji is the Managing Director and Founder of Scaramanga. In this interview with ‘India Global Business’, the Scottish lifestyle brand’s owner talks us through the brand’s journey since conception. How did the idea of Scaramanga come about? I spent six months travelling across India in1998 and fell in love with the traditional craftsmanship practised and handed down the generations in artisan communities across India, particularly in rural areas. I brought back an old leather satchel from Jaisalmer, handbound journals [...]

UK university partnership helps build homes in Gujarat to counter flood risk

2019-05-08T12:38:07+00:00May 6th, 2019|2019, Global Edition – April 2019|

The Global Indian effect was at work when De Montfort University in Leicester’s Square Mile India project celebrated new homes for communities near Ahmedabad. A partnership between a UK university and property consultancy celebrated the creation of new homes in Gujarat through fundraising and staff and student participation. De Montfort University in Leicester (DMU) tied up with local construction and infrastructure consultancy Pick Everard for its Square Mile India project to provide 50 new homes for the “Loving Community”, on the outskirts of Ahmedabad. The community is populated [...]