October 20162018-10-30T12:55:12+00:00

October 2016

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DOWNLOAD PDF

October 2016

The latest edition of ‘India Global Business’ tracks India’s quest for natural resources around the world and the various success stories. The Sector Focus this time is on the Banking & Finance industry and the Country Focus is on Australia.

Indian IT: Glorious Past, challenging present and an uncertain future?

The Indian IT sector must reskill its workforce and move up the value chain if it wants to retain its dominant position in the world as well as its double digit growth rates.

On July 15, 2016 a sombre looking Vishal Sikka, the CEO and MD of Infosys Ltd, India’s second largest exporter of IT services announced the company’s first quarterly results. While revenue and profit were below market expectations, what surprised many was the downward revision of annual revenue growth forecast. Markets were swift to mete out punishment. The shares of the company crashed by about 10 per cent in a single trading session, wiping out nearly $3.5 billion in market capitalisation.

Who will be better for India – Hillary Clinton or Donald Trump?

If one goes by the views of the expat Indian community in the US, it’s a settled debate. A recent survey says an overwhelming 87 per cent of Indian Americans support Clinton, while a minuscule 6 per cent back Trump.

But a more detailed analysis of where they stand on issues of importance to India shows that the issue may not be as simple as that.

Global expansion is a marathon, not a sprint

Mumbai-headquartered Marico Limited is a consumer goods company providing products and services in the area of health and beauty. Vivek Karve, the chief financial officer (CFO) of the firm, speaks exclusively to ‘India Global Business’ about the firm’s global expansion strategy, why Africa has been a focal point for some of its well-known brands and what other Indian firms with global ambitions can learn from its success story.

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