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Doing business

Google Energy ? Commendable Foresight Or Crazy Diversification

by Ankit Agarwal on February 20, 2010

You have to give it to Google. It never ceases to surprise the world with its seemingly unorthodox style of operations. Be it their oh-so-cool work atmosphere, strategic marketing tactics generating tons of hype even before the product launch, the fascination with Beta launches, and last but not the least their acquisitions and business deals.

Google [...]

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Mahindra Satyam Turnaround- The Phoenix That Rose From The Ashes Story

by Ankit Agarwal

Satyam Computer Services has probably been the buzzword of the year gone by, albeit for unfortunate reasons. Satyam was one of the top most IT services company and shouldered the industry veterans like Infosys and Wipro. Who would have known what was cooking behind the glamorous walls and the highly profitable balance sheets.

Evidently Satyam was [...]

3 comments February 2, 2010 Continue Reading →

Land disputes is costing India 100 Billion Dollars of Investment !

by Arun Prabhudesai
India-Land-Industry

We very well know the story of Tata Nano Land Dispute. What was West Bengal’s loss though was Gujarat’s profit. Nano’s are now coming out of the state. However, most of the projects are not as lucky as Nano to get a Land replacement. Did you know that 70% of total [...]

4 comments November 4, 2009 Continue Reading →

Doing Business in India: Getting even worse !

by Arun Prabhudesai
Doing-business-Sout-Asia

I have been following the World bank reports for last 4 years and have featured it earlier on this blog as well. India is actually getting worse every year ! Infact, even in comparison to 8 South Asian Countries, India comes 2nd last just above Afghanistan. It is easier to do business in Bhutan, [...]

4 comments September 10, 2009 Continue Reading →

Reliance is planning for one more IPO. Does that scare you?

by Sriram Vadlamani
Reliance Life

The Reliance business smorgasbord will have one more to the Reliance stock market kitty – Reliance Life. RELLIF just might be the next stock market ticker from the conglomerate. Reliance Life which is now part of Reliance Capital is all set for a spin-off and possibly an IPO. Reliance Life is the life [...]

9 comments July 23, 2009 Continue Reading →

Doing Business in India: Comprehensive Report

by Arun Prabhudesai
Doing_Business_in_India

A detailed and comprehensive look at doing business in India that talks about business regulations and their enforcement across India. It also gives an overview of how India compares to other countries in “doing business” parameters.

The report also analyzes economic outcomes and identify what reforms have worked, where, and why.

The Following report by World Bank talks in complete details on below given parameters of doing business in India.

  1. Starting a business
  2. Dealing with construction permits
  3. Registering property
  4. Paying taxes
  5. Trading across borders
  6. Enforcing contracts
  7. Closing a business
  8. Indian City wise Rankings
6 comments July 2, 2009 Continue Reading →

Firms hiring again. Now, don’t tell that to real estate folks

by Sriram Vadlamani
Revival

This new survey by the labor ministry shows that firms are hiring and there are signs of revival. The keyword here is: Survey. We all know how surveys work. So, without spending much time on that let’s see what the survey says. Jobs were created in gems and jewellery, textiles, Information technology and handloom. [...]

0 comments May 19, 2009 Continue Reading →

India Inc losing its shine? How can we resurrect brand India?

by Sriram Vadlamani

I hate to paint a gloomy picture but things certainly are not going well for India Inc. Started with Singur’s Nano plant shutdown, lynching a Noida CEO by the labour . Though these are not as catastrophic as what is happening in the US, these are warning signals to put our house in order. All this is punctuated with bomb attacks on key cities without fail.

The business confidence index is reducing as per the new report of NCAER.Following are the few factors, which are pulling down India’s brand value:

  1. Rising inflation
  2. Terrorism and lack of safety.
  3. Political uncertainty and ambiguity
  4. Strict regulations for Mergers and Acquisitions
  5. Unfriendly labour laws to conduct business.
  6. Lack of land regulation and reforms.

Amidst all this how can India show up a brave face and attract more investments and provide jobs for millions of young Indian who are ready to join the workforce?

2 comments September 28, 2008 Continue Reading →

TasksEveryDay.com: On demand virtual assistants for busy professionals and Businesspeople

by Arun Prabhudesai
TasksEveryDay

Most of us have heard about Elance, getafreelancer or guru where users can outsource work to freelancers on project to project basis. These services are quite popular number of individuals and small business earn their livelihood through these sites.

One of the main drawback of this service is that while quite a few do a good job and leave their clients satisfied, equal number of people perform their work quite unsatisfactorily. One can frequently see complaints and disputes between the freelancer and client.

TasksEveryDay

Now a new India based start-up called TasksEveryDay.com gives a new twist to this freelancing and targets a particular niche of people. They provide busy professionals and Business people in U.S, Canada, U.K and Australia with virtual assistant service at a fixed low rate of $6.98 per hour.

7 comments May 12, 2008 Continue Reading →

Global Information Technology report ranks India at 50th rank- 7 places ahead of China !

by Arun Prabhudesai
Top 10 networked economies

Even though India is regarded as the Information Technology hub, Indian has been ranked lowly at 50th place in the recent report – The Global Information Technology Report 2007-2008 – produced by the World Economic Forum in cooperation with INSEAD, the leading international business school.

In this year rankings, Denmark got the coveted position of being the most networked economy in the world, followed by Sweden and Switzerland. Among the top ten, the Republic of Korea (9) and, to a lesser extent, the United States (4) post the most notable improvements.

Top 10 networked economies

China fared even worst in the ranking and came in at 57th place, 7 ranks below India. It is quite surprising given the infrastructure development taking place in China in last 2 decades. The comprehensive report ranked total of 127 economies on more than 80 different parameters covering the environment, readiness and usage of Information Technology.

The pdf of full ranking can be found here

Given that India and China are regarded as tomorrow’s super powers, I tried comparing India and China on 20 different important parameters. Here’s how both the economies fared.

The ratings have been rounded off to 7 (7 being the best and 1 being worst)

1 comment April 14, 2008 Continue Reading →

Art of running a startup from Smartest Unknown Indian Entrepreneur

by Arun Prabhudesai

Sramana Mitra has aptly named the title of her recent forbes column “The Smartest Unknown Indian Entrepreneur”.

Who is it? It can only be Sridhar Vembu, founder and CEO of AdventNet, the company behind recently launched productivity suite Zoho.

Zoho has been one of my favorite startups and products they have churned out consistently over a period of last 2 years are simply amazing.

The article by Sramana is an eye opener. The way Sridhar has managed to aggressively grow his bootstrapped-mode startup is inspirational.

4 comments February 25, 2008 Continue Reading →

Doing Business in India – Intellectual Property Rights – Part 4

by Arun Prabhudesai

Here is the last (4th) part of a 4 part article written by Sumeet Kachwaha of Kachwaha & Partners giving legal perspective of things if you plan on doing business in India. This aims to be an easy to read, yet comprehensive overview of legal issues involved in doing business in India.
INTELLECTUAL PROPERTY RIGHTS

Indian courts vigorously protect intellectual property rights (IPRs). Following the GATT Agreement India has made its IPR laws TRIPS compliant. In this Chapter, we deal with the three major IPR laws viz. Trademarks, Copyrights and Patents.
TRADEMARKS:

Registration of a trademark is not mandatory as the law also recognizes and enforces the Common Law right of passing off. However for passing off, the plaintiff has to establish its reputation in relation to the mark and the fact that the offending mark is likely to confuse the public. On the other hand once the mark is registered it automatically confers on the proprietor an exclusive right to use the same in relation to the goods or services in respect of which the mark is registered. The remedy in relation to infringement of a mark (whether registered or not) lies in injunction and damages coupled with an order for delivery of the infringing marks or labels etc. and for destruction of the same.

2 comments February 12, 2008 Continue Reading →

Doing Business in India – Company Incorporation – Part 3

by Arun Prabhudesai

Here is the 3rd part of a 4 part article written by Sumeet Kachwaha of Kachwaha & Partners giving legal perspective of things if you plan on doing business in India. This aims to be an easy to read, yet comprehensive overview of legal issues involved in doing business in India.

CORPORATIONS
The law of corporations in India is governed by the Companies Act, 1956. Broadly, there are two types of companies – Public Limited Companies and Private Limited Companies. While Public Limited Companies describe themselves merely as “Limited Companies”, Private Limited Companies are obliged to indicate clearly the fact that they are a Private Company by adding after their name “Pvt. Ltd.”

26 comments February 12, 2008 Continue Reading →

Doing Business in India – Investment & Trade – Part 2

by Arun Prabhudesai

Here is the 2nd part of a 4 part article written by Sumeet Kachwaha of Kachwaha & Partners giving legal perspective of things if you plan on doing business in India. This aims to be an easy to read, yet comprehensive overview of legal issues involved in doing business in India.

INVESTMENT AND TRADE

The India story changed dramatically from 1991 when Government announced its new industrial policy, basically de-licensing industry and introducing fiscal and regulatory reforms. This vastly encouraged foreign investment. The cumulative Foreign Direct Investment (FDI) from 1991 to 2007 has exceeded US$ 54,628 million (in 2006 – 2007, alone it was US$ 15,726 million – a 184% increase from the previous year).

3 comments February 12, 2008 Continue Reading →

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