China is simultaneously a threat and an opportunity

    2018-06-12T12:55:24+00:00February 9th, 2017|2017/2018, February 2017, India & China, Year|

    Prime Minister Narendra Modi has struck a delicate balance of engaging with China where there is mutual benefit and standing up to the South Asian neighbour where India’s strategic interests demand. Dealing with China is arguably Prime Minister Narendra Modi’s most daunting foreign policy challenge. That’s because it is difficult to fit the Middle Kingdom into any of the comfortable stereotypes that Indian diplomats have got used to. The first problem is one of definition. How does one categorise China? [...]

      Indian companies Go Global as job makers

      2020-03-12T14:51:02+00:00February 9th, 2017|2017/2018, February 2017, Go Global, Year|

      India Inc. has envisioned its first-ever Go Global Expo & Conference 2017 as a hub for Indian companies on a decisive global expansion march as well as new start-ups ready for the leap. Here ‘India Global Business’ delves into the high-profile launch of the event in New Delhi.

      There was a time barely two centuries ago, when India accounted for 21 per cent of global trade and Great Britain barely 1 per cent. At the height of the British Empire, this relative ratio had been turned on its head, with the United Kingdom as the most dominant trading nation in the world with more than a one-fifth share of world trade and India reduced to a peripheral player with only a 1 per cent share.

        Is India really Donald Trump’s ‘true friend’?

        2018-06-12T10:00:07+00:00February 9th, 2017|2017/2018, December 2017, February 2017, India-US, The Americas, Year|

        There are not too many countries towards whom the new United States President, Donald Trump, has shown a consistently friendly demeanour. India is one of them. As Trump told Prime Minister Narendra Modi in his most recent phone conversation to New Delhi, he saw India as a “true friend”. India is seen, strategically, as a kindred spirit by President Trump and his team. However, the indications are that no country will receive a free pass when it comes to Trump’s [...]

          Pharma sector makes its mark on the world

          2020-03-26T07:13:57+00:00February 9th, 2017|2017/2018, February 2017, Sector Focus/Pharma, Year|

          Some of India’s leading pharmaceutical majors made their mark with acquisitions in recent months.

          Aurobindo Pharma buys Portugal firm

          Aurobindo PharmaceuticalsAurobindo Pharma has announced the acquisition of Portugal’s Generis Farmaceutica SA.

          The Hyderabad-based company said a definitive agreement was signed by its step-down subsidiary, Agile Pharma, Netherlands. The acquisition will be from Magnum Capital Partners for an all-cash deal, the company said.

          It will include a manufacturing facility in Amadora, Portugal, which has the capacity to produce 1.2 billion tablets or capsules annually. After the acquisition, the Aurobindo Group will be the largest in the generic pharmaceutical market in Portugal, with a portfolio of 271 generic products.

          Generis has a wide portfolio of products, with a major share in therapeutic areas such as cardiovascular, central nervous system, anti-infective, and the genitourinary system.

          Aurobindo expects to complete the deal by next month, after the Portuguese Competition authorities clear the deal.

            Global Indians making their scientific mark

            2018-08-07T08:05:06+00:00February 9th, 2017|2017/2018, February 2017, Global Indian, Year|

            Just days before Barack Obama’s term as US President came to a close, he presented a series of President Medals to honour achievements across various fields. Here we profile the Global Indian winners of the Presidential Early Career Awards for Scientists and Engineers (PECASE). Kaushik Chowdhury, Associate Professor, Electrical and Computer Engineering Northeastern University Associate Professor, Environmental Medicine & Public Health Associate Professor, Dentistry, Icahn School of Medicine at Mount Sinai Associate Professor, Department of [...]

              Improving India-China trade relations is key for Asian century

              2018-08-01T12:20:45+00:00February 8th, 2017|2017/2018, December 2017, February 2017, India & China, India & The World, Year|

              Asian equations, specially between the two giant economies of China and India will be in focus with the installation of Donald Trump as the 45th US president. Trump’s belligerent ‘America First’ foreign and commercial policy stance, will in all likelihood, force China to curb its manufactured goods exports to the US, with whom it has a whopping and patently unsustainable trade surplus of nearly half a trillion dollars! It is unlikely that even US MNCs, which have huge export bases [...]

                Indian firms on buying spree in the US

                2018-05-18T13:04:10+00:00February 8th, 2017|2017/2018, February 2017, The Americas, Year|

                The US remained among the key destinations for Indian companies on a global expansion spree.

                JSW Steel to restart US coal mining

                JSW SteelsJSW Steel plans to restart coking coal mining in the US, according to Indian media reports.

                JSW Steel owns nine coking coal mines with cumulative resources of 123 million tonnes at West Virginia in the US. These mines, which were acquired from a string of US-based companies in 2010, could not be developed due to a fall in coal prices following global financial crisis and the subsequent economic slowdown. Spot coking coal prices have more than trebled from $90 a tonne to $310 a tonne since July, on the back of strong demand from China and predictions of worst-ever cyclone in Australia.

                Seshagiri Rao, Joint Managing Director, JSW Steel, said: “We will restart coking coal mines in the US by March next year and then take up iron ore mining in Chile. We will not bring the coal to India but it will act as a financial hedge as we are largely dependent on imported coal to operate our plants in India.” International coking coal prices have gone up sharply because of Chinese imports.

                  Crude prices and US rate are the X factors

                  2018-12-06T13:08:22+00:00January 9th, 2017|2018/2017, India Investment Journal January 2017, Top 5 Things to Watch in 2017, Year|

                  RBI Governor Urjit Patel may be able to cut rates but only later this year. We take a look at what this would mean for the Indian economy. When will Reserve Bank of India (RBI) Governor Urjit Patel cut interest rates? Speak to analyst, economist or businessman; that will be among his top two or three concerns. The background The central bank dashed hopes for a rate cut in December when the six-member Monetary Policy Committee (MPC), which sets rates, [...]

                    India Inc. Top Picks: Inbound Deals of 2016

                    2020-03-12T14:17:01+00:00January 9th, 2017|2018/2017, Inbound Deals 2016, India Investment Journal January 2017, Year|

                    As the fastest growing large economy in the world, India was the destination of choice for investments from across the globe in the year just gone by. ‘India Investment Journal’ reviews some of the key inbound investments that poured into the country in this New Year deal tracker. Uber eyes $3.5bn investment potential US-based taxi hailing company Uber has described India as its second-largest market after the US where it is looking to drive into even more cities. Christian Freese [...]

                      Jury is still out on Trump

                      2020-03-12T14:25:31+00:00December 10th, 2016|2016, India-US, Year, Yearend 2016|

                      India will adopt a wait and watch policy on the new US President-elect until there is greater clarity on issues of importance. The world is still trying to come with a Donald Trump presidency in the US. Pick up any newspaper or switch on any current affairs channel anywhere in the world and the hot topic is what the chief executive-elect of the world’s most powerful country means for (depending on which city you are in) the Trans-Pacific Partnership, the [...]