Courtesy: Organisation for Economic Co-operation and Development/Flickr
In the face of a severe economic slowdown and an impending balance-of-payment crisis, the Indian business community has a clear opportunity to pull the country out of the current crisis. However, this can only achieved if the apex chambers of commerce restructure themselves
Courtesy: Rajesh_India/Flickr
Indian manufacturing’s share of GDP has been stagnating. Some of the industry’s problems stem from a business culture of hierarchy and bureaucracy. But competitive pressure is forcing a transformation, and the new management models now being adopted can change how investors and customers perceive Indian companies
Courtesy: The Prime Minister's Office/Flickr
Global institutions responsible for price discovery and speculation in commodities are suspected of fuelling price hikes. With the world experiencing turmoil in the food and energy markets, fixing the global pricing architecture for commodities should be the priority for the G20
Courtesy: Alain Bachellier & WEF/Flickr
Jindal’s integrated mining and steel project in Bolivia was the largest contract secured by an Indian company in Latin America. The project, which ultimately became a victim of the country's domestic politics, has lessons for Indian companies venturing into Latin America
Courtesy: Center for American Progress/ Flickr
The upcoming India-U.S. Strategic Dialogue offers an appropriate platform to move past complaints both sides have against each other in the trade and economic spheres. The stage can be used to re-apply emphasis on strategic relations and reach levels of goodwill established during the time of former U.S. President George W. Bush and Manmohan Singh
Courtesy: Niyantha/flickr
Keeping subsidiaries of multinational corporations publicly-listed in India exposes minority shareholders to the risk of unfair treatment by favouring the majority shareholders. In some cases, it leads to transfer pricing transactions that hurt the country’s revenue. Delisting MNCs is one way to address this problem
Courtesy: N. Narayanamurthy
On June 1, N. Narayanamurthy, the co-founder, and former Chairman of Infosys – India’s IT giant – was appointed as the Additional Director and the Executive Chairman of the board, for five years. How momentous is his return for Infosys, and more importantly, what does this augur for the future of the company?
Courtesy: Ministry of External Affairs, India
Chinese Premier Li Keqiang is also a salesman for his country – but he comes with the one offer no foreign dignitary has made so far: money. Cash-strapped Indian business especially those in the infrastructure and resource businesses, will certainly be looking now to China to make their dreams of survival come true.
Courtesy: MEAIndia/Flickr
The steps taken by the Indian government to enable private sector involvement in ASEAN have been hesitant. After the recent ASEAN summit in New Delhi, it is time for greater coordination of Indian private industry with government-to-government interaction, which will benefit all members, including India.
Courtesy: trendscout::/Flickr
All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.