New FDI rules mean that an American company can invest in India without placing its proposal before the government but a Chinese company can’t do the same.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
China’s unrelenting progress into the financial and technological ecology of other countries need to be braked (as in, put a brake on it). The US has failed to do this and one need look no further than the NBA fiasco to realize how much influence China has on their businesses. China successfully curtailed free speech of an American Sports Giant. That is huge! I would say we also need to be vigilant that China doesn’t use proxy companies based in Europe, USA, where it has a sizeable stake to indirectly gain access to India.
First of all, this is a strategic decision in the interest of national security. Second, for purely commercial investments from Chinese side such as manufacturing of routine commercial products, there would not be any issue at all. Thirdly, as of now, the inflow was not very significant from Chinese side and hence, it is not the case that we are going to lose out on billions and billions of capital inflows. Further, we have to ensure that our trade deficit with China is addressed and we do not end up indirectly financing various anti India security projects by the Chinese like CPEC, BRI etc. Let China fully settle border disputes with India, allow our entry into NSG, stop supporting Pakistan for anti India activities etc and then a different geo-strategic scenario emerges. We should also utilize this opportunity to reduce our taxes and cost of business and become competitive in the world trade. So far we hoped that by engaging with China, it shall mend its anti India behavior but our expectations have completely been proved wrong.
All takeovers are “ opportunistic “. So many of them, like mergers, do not work out well. Investors of the caliber of Warren Buffett sometimes make purchases which they later regret. The idea that there is in such a dynamic world a price for each company that the government is best positioned to evaluate as being fair or otherwise is absurd. 2. As the Indian economy falls off its high growth perch, our need for foreign capital could begin to exceed what the rest of the world considers it profitable to provide. There is deep disappointment in Japan and Australia over India’s refusal to join RCEP. Our greatness and place in the world should not remain confined to an echo chamber.
Socialist Modi Muradabad. RSS economics Muradabad. Free market zindabad.
China’s unrelenting progress into the financial and technological ecology of other countries need to be braked (as in, put a brake on it). The US has failed to do this and one need look no further than the NBA fiasco to realize how much influence China has on their businesses. China successfully curtailed free speech of an American Sports Giant. That is huge! I would say we also need to be vigilant that China doesn’t use proxy companies based in Europe, USA, where it has a sizeable stake to indirectly gain access to India.
In post vivid era it is important to scrutinized reporters who are paid by Chinese government and bickering for it
First of all, this is a strategic decision in the interest of national security. Second, for purely commercial investments from Chinese side such as manufacturing of routine commercial products, there would not be any issue at all. Thirdly, as of now, the inflow was not very significant from Chinese side and hence, it is not the case that we are going to lose out on billions and billions of capital inflows. Further, we have to ensure that our trade deficit with China is addressed and we do not end up indirectly financing various anti India security projects by the Chinese like CPEC, BRI etc. Let China fully settle border disputes with India, allow our entry into NSG, stop supporting Pakistan for anti India activities etc and then a different geo-strategic scenario emerges. We should also utilize this opportunity to reduce our taxes and cost of business and become competitive in the world trade. So far we hoped that by engaging with China, it shall mend its anti India behavior but our expectations have completely been proved wrong.
All takeovers are “ opportunistic “. So many of them, like mergers, do not work out well. Investors of the caliber of Warren Buffett sometimes make purchases which they later regret. The idea that there is in such a dynamic world a price for each company that the government is best positioned to evaluate as being fair or otherwise is absurd. 2. As the Indian economy falls off its high growth perch, our need for foreign capital could begin to exceed what the rest of the world considers it profitable to provide. There is deep disappointment in Japan and Australia over India’s refusal to join RCEP. Our greatness and place in the world should not remain confined to an echo chamber.