Global Edition March 2018

/Tag: Global Edition March 2018

London is determined to remain a top choice for Indian businesses

2020-03-24T06:37:31+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, The Big Interview, Year|

Sadiq Khan, Mayor of London, tells ‘India Global Business’ about his determination to keep London as the top choice for Indian talent and businesses. How would you describe your India visit in December 2017 in terms of closer partnerships struck for the city of London? The longstanding relationship between Britain and India plays a big role in modern London, and the huge contribution of the Indian community to London's success over many decades is part of the fibre of our [...]

India emerges as world’s big defence spender

2018-05-23T10:08:14+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, State Focus, Year|

India’s defence budget overtook the UK for the first time in 2017 to be counted among the world’s top five. India’s actual spend of $52.5 billion (including defence pensions) in 2017 makes it the fifth-largest in the world, overtaking the UK to reach the ‘Top 5’ slot for the first time, according to the authoritative annual ‘Military Balance 2018’ published last month by the International Institute for Strategic Studies (IISS), the London-based think-tank I work for. According to the IISS, [...]

Big reforms underway but Indian banking still a long way away from good health

2020-03-24T06:27:12+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Sector Focus, Year|

The Narendra Modi government and the Reserve Bank of India (RBI) have taken major steps to bring recalcitrant promoters to book and clean up the $210-billion bad loan crisis plaguing the Indian banking system. These can address the issue for now but privatisation is not politically feasible. The scandal over fugitive billionaire Nirav Modi flying away to an unknown destination leaving behind unpaid loans of $1.8 billion has brought the festering bad loan crisis in the Indian banking system to [...]

Tata Group: Navigating Troubled Waters

2020-03-04T07:04:32+00:00March 16th, 2018|2017/2018, From the Top, Global Edition- March 2018, Home Page, Year|

As the Tata Group navigates troubled waters, Brand India must not be the ultimate loser, writes India Inc. Founder & CEO Manoj Ladwa. I have admired the Tata Group for almost as long as I can remember. I took great pride when Tata acquired marquee British brands such as Tetley, Corus (renamed Tata Steel Europe) and Jaguar Land Rover. And I celebrated when the group emerged as the UK’s largest manufacturing sector employer. It helped prove my consistent argument that [...]