Setting Up a Foreign-Invested Enterprise in India
By Gunjan Sinha, Senior Associate, Dezan Shira & Associates Apr. 10 – Foreign investment into India can come through a variety of legal entities, with your choice of entity depending on the kind of work you plan to do in the country. In this article we discuss the establishment requirements and the advantages and disadvantages […]
India’s GDP Poised for 12% Growth
Apr. 9 – At an address during the Indian Institute of Management’s alumni event in Singapore over the weekend, Raghuram Rajan, the Chief Economic Adviser to the Indian Finance Ministry, said that India’s gross domestic product (GDP) growth rates may reach 12 percent annually in the coming years. Rajan noted that such growth should be achieved by […]
India to Commence Negotiations with Customs Union of Belarus, Kazakhstan & Russia
Apr. 2 – Following the arrival of Victor Khristenko, the Chairman of the Board of the Eurasian Economic Commission, in New Delhi on Tuesday, India and the Customs Union of Belarus, Kazakhstan and Russia will hold talks on how to strengthen economic ties by the way of a free trade agreement (FTA) or a comprehensive […]
Appointment of a Director in Casual Vacancy
By Gunjan Sinha, Associate, Business Advisory Services, Dezan Shira & Associates Mar. 25 – If the Director of a company in India who was appointed at a general meeting of the shareholders vacates his position before the expiry of his tenure, the Board of Directors may choose to appoint a new Director to fill the […]
India’s Finance Ministry Goes Shopping For Foreign Investors
Mar. 22 – India looks set to engage in a more aggressive push to attract foreign direct investment (FDI) into the country as the Finance Minister, P. Chidambaram, prepares a comprehensive target list to attract investment inflows into India. On that list are believed to be specific funds, such as sovereign wealth, pension plans and […]
India Set To Lift FDI Caps?
Mar. 20 – India’s Finance Minister P. Chidambaram has stated that India is likely to lift “outdated” caps to areas of foreign direct investment (FDI). He affirmed that the country needs to clean out the cobwebs accumulated in India in order to spur foreign investment into the country. “Many caps can be removed or certainly […]
Indian Exports Rise Amidst Banking Conclave
Mar. 11 – Posting growth for the second straight month, India’s exports rose by 4.25 percent to US$26.26 billion in February. Exporting sectors that performed well include engineering goods, automobiles, textiles, rice, oil meals, pharmaceuticals and chemicals. For comparison, Indian exports totaled US$25.19 billion in February 2012. Commerce Secretary S. R. Rao attributed the rising […]
ASEAN-India Free Trade Area Part IV: Thailand, Singapore and Malaysia
By Alex Tangkilisan Mar. 7 – In the fourth and final part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Thailand, Singapore and Malaysia. Thailand, Singapore and Malaysia account for three of ASEAN’s six major economies known as the ASEAN six majors (the other three being […]