October 2017 sub

/Tag: October 2017 sub

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 [...]

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 [...]

India taps Central Asia for energy security

2018-08-14T12:51:49+00:00October 27th, 2017|2017/2018, FEATURE REGION, October 2017, Year|

Indian Prime Minister Narendra Modi has brought about a paradigm shift in India’s quest for oil, gas, uranium by forging close relations with the five ‘Stans’ – Uzbekistan, Kyrgyzstan, Kazakhstan, Tajikistan and Turkmenistan. The controversial and much delayed Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is finally getting a move on – a full 22 years after it was conceived. Following the groundbreaking ceremony last December, India will host the next meeting of the Steering Committee which has been formed for the $7.6-billion, [...]

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 [...]

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 [...]

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 & [...]

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 [...]

Punjab makes a play to attract Global Indians

2018-08-01T12:54:20+00:00October 27th, 2017|2017/2018, More from this edition, October 2017, Year|

Captain Amarinder Singh, the Chief Minister of Punjab, has launched a new ‘Connect With Your Roots’ scheme for young Global Indians to gain first-hand experience of the state. Captain Amarinder Singh used the UK as the base to kick-start his dream project for Punjabi-origin students based overseas to reconnect with their roots in their ancestral land and interact with their counterparts in Punjabi universities. Connect With Your Roots, targeted at 16 to 22-year-olds who have never visited India, will involve the state [...]

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 [...]