#August 2017, #Global Indians
The United Arab Emirates (UAE) has attracted a series of Indian entrepreneurs to its shores who today stand out as the perfect ambassadors for India-UAE ties.
Organisation: Lulu Group
Place of origin: Kerala
Background: Left India in 1973 for Abu Dhabi to join EMKE Group, founded by his uncle. There he developed the business further and launched the Lulu Hypermarket in 1990 at a time when the retail sector in the UAE was undergoing a change. The group today employs the largest number of Indians outside India.
He is one of the wealthiest Indian with stakes in Catholic Syrian Bank, Federal Bank and Cochin International Airport. He has also purchased the Scotland Yard Building in London.
Factoid: He was conferred the title of Padma Shri in 2008 and Pravasi Bharatiya Samman in 2005, which is the highest Indian government award bestowed upon NRIs.
#August 2017, #Middle East
Established Indian business houses as well as start-ups are investing billions in the Middle East, especially Dubai and Abu Dhabi, to leverage the global access and ease of doing business the region offers.
There are only two certainties in life, death and taxes, goes an old saying. The bonus of living, working and doing business in most Middle Eastern countries is that taxes are either non-existent or very nominal.
#August 2017, #Middle East
A serial entrepreneur explores what makes the Middle East an attractive proposition for Indian start-ups.
The UAE is a hub for expats and global businesses; located strategically this place provides immense business opportunities for people all over the world thus making it a hub for Indian start-ups also.
#August 2017, #The Americas
Acquisitions and plans for greenfield operations make up India’s recent impact in the US.
#June 2017, #Global Indian
Dr Jyotsna Suri is a stalwart in the Indian hotel industry, who recently expanded her group’s footprint to the UK with The Lalit London. ‘India Global Business’ caught up with this jet-setting Global Indian to get her views on Indian hospitality and its worldwide impact.
Please give your overview on the Indian hotel industry and its growth patterns over recent years.
The Indian hotel industry has been on an upswing in the last few years. The improvement in infrastructure and increase in spending power has resulted in growth of domestic travel as well as influx of inbound travel. Tourism growth has outpaced the GDP growth in the last few years, and this trend is projected to continue.
#June 2017, #Emerging Markets
India has historically had close economic ties with the Arabian Peninsula, especially the Gulf region along its eastern shores, writes a banking expert.
The first historically recorded maritime trade route in the world was, in fact, between the Indus Valley civilisation and the civilisation of Dilmun, which was located on the island of Bahrain and the adjacent shore of Saudi Arabia. Goods, including cotton and spices, were acquired by merchants from Dilmun.
#Special Edition – May 2017, #2016, #BOOK REVIEW
‘Winning Partnership’ edited by Manoj Ladwa, takes a fresh 360 degree look at a 400-year-old relationship and comes up with several interesting suggestions for keeping it relevant in the 21st century.
What can you say after everything has already been said? Not much, right? Wrong.
With so much literature on UK’s relationship with the former jewel in its crown, it takes a very intrepid intellectual to gather all his bravery to attempt to shed new light on the subject.
#April 2017, #More from this edition
A corporate governance expert explores what transparency really means for businesses.
An organisation that delivers credible and timely information for all its stakeholders is transparent. Such information provides critical insights regarding the performance of a company and therefore it is imperative that companies have a disclosure mechanism in place.
Certain kinds of information are required by regulators and other kinds by investors and other stakeholders. In fact, those working in the area of corporate governance, often use the terms transparency and disclosure as if they were synonyms. There is a fine line though.
#February 2017, #Sector Focus/Pharma
Kiran Mazumdar-Shaw is a consistent presence on definitive global lists as one of the world’s most powerful women. As the Chairman and Managing Director of Biocon Limited, she is a trendsetter in the field of biotechnology in India. Here she takes time out for ‘India Global Business’ to give us an insight into her entrepreneurial drive and India’s own biotech journey.