Other Briefings
New RBI Chief Increases Market Confidence in India
Sept. 9 – India’s new central bank chief, Raghuram Rajan, has begun taking steps to reform the rupee. On becoming the new chief, Rajan made a promise to implement sweeping reforms. The markets reacted positively to Rajan’s appointment – stock markets and the rupee both saw an increase in their value, with banks having seen […]
Sun Microsystems Co-Founder: “India the best place to invest in right now”
Sept. 6 – During a Nasscom discussion on startups, Silicon Valley venture capitalist Vinod Khosla has stated that “India is the best place in the world to invest in.” Khosla is of the view that India should be viewed through the prism of the long-term investor rather than simply paying attention to the recent negative […]
Tea Industry Sees Growth In India
Sept. 4 – In a stroke of fortunate luck, despite the devaluing rupee, Indian tea exporters have benefited recently thanks to tea producers lowering their prices which has in turn made them much more competitive globally. The decrease in the value of the rupee has actually come at a somewhat opportune time for Indian growers […]
Indian Infrastructure: Delhi
Sept. 4 – You will be hard pressed to find infrastructure in other parts of India that can match Delhi’s. While the transportation and utilities networks do exhibit reliability issues in some areas, coverage is extensive with ongoing plans for upgrading and expansion. Roads Delhi has five national highways (NH) passing through its territory, namely […]
Chinese Racism Still a Problem for Corporate MNCs in China
Op-Ed Commentary: Chris Devonshire-Ellis Sept. 3 – With news that management from India’s Apollo Tyres is “not welcome” in China following the proposed takeover of the Cooper Tires Shandong joint venture by India’s Apollo Group, the factoring in of China’s increasingly shrill commentary surrounding foreign investors is starting to cause waves of concern. The Cooper […]
Sourcing From & Selling To India
By Dezan Shira & Associates, Delhi Office Sept. 2 – As India’s total merchandise trade tripled from US$252 billion in 2006 to US$794 billion last year, the business of import/export with Indian firms has become much more popular. However, the rising monetary numbers have brought with them an increasing number of legal and administrative reforms […]
India Establishes New “One Person Company” Category
Aug. 30 – India’s upper house of parliament, Rajya Sabha, agreed this month to allow the establishment of individually owned enterprises. Under the new Companies Bill individuals may form a One Person Company (OPC) as an enterprise with a single shareholder. Under the previous law, a private enterprise was required to have a minimum of […]
Australia Launches India Country Strategy
“India has the greatest potential for Australia in Asia” Aug. 27 – The Prime Minister of Australia, Kevin Rudd, has recently unveiled Australia’s plan for bilateral engagement with India. Australia’s India country strategy will seek to build a stronger and more comprehensive relationship, a directive first revealed in Australia’s most recent White Paper. “Australia’s relationship […]
