In order to make it easier for FDI to enter India, New Delhi on Wednesday launched a new policy document, consolidating the plethora of rules and norms governing foreign investment in the country under one comprehensive FDI document. In a survey by the American...
China’s largest bank the Industrial Commercial Bank of China will open a branch office in Mumbai, India later this year. The bank is currently in the process of securing the necessary permits to open the branch office, officials stated in Beijing during the...
Two years after India’s Tata Motors bought Ford’s Land Rover and Jaguar for US$2.3 billion, on Sunday, China’s Zhejiang Geely Holding Co. agreed to buy Volvo Cars from Ford for US$1.8 billion. The deal not only marks the biggest overseas acquisition...
Four executives of Australian mining giant Rio Tinto’s in court admission of accepting US$11.25 million in bribes raises questions of corporate corruption, espionage and bribery in two of the fastest growing, resource hungry, ethically weak nations – China...
Foreign companies interested in exploring and understanding the investment climate in India should initially incorporate a Liaison office. Relatively, quick and easy to set up, a Liaison office is incorporated for four main purposes – to represent the Parent...
Inflation is the new evil seeping into China and India, slowly eroding value, inflating asset bubbles and making common consumer durables such as food and clothes more expensive for the common man. In order to curb inflation, India’s apex bank, the Reserve Bank...
