Sanjay Kumar from Asian News International interviews Dr. Shan Nair, co-founder of Nair & Co., after he was award the “Bharat Samman”; a prestigious award presented each year to 20 prominent Indian expatriates.
This document provides information and advice for getting involved with nonprofit boards. It introduces Charlotte King as an expert in environmental and forestry marketing. The document then outlines different types of boards, best practices for boards, common board committees, and a three-step process for finding the right board to join. The steps include determining what issues you are passionate about, where you want to have impact, and how much time you have to serve, then researching specific organizations and becoming a board candidate. Contact information is provided for Charlotte King and additional leadership resources.
Ratan Tata is a renowned Indian businessman who served as the chairman of Tata Group from 1991 to 2012. Under his leadership, Tata Group expanded significantly through strategic acquisitions such as Tetley, VSNL, Corus Steel, Jaguar Land Rover, and became a global conglomerate. Tata is praised for his vision, integrity, and pushing Indian companies to become globally competitive while maintaining the values of the Tata Group like ethics and community responsibility. The document discusses Tata's principles, leadership skills, social initiatives, and some of the major achievements and awards he received during his time as chairman.
The document provides an overview of the objectives and general information about a program on the United Arab Emirates (UAE). The program aims to build knowledge of UAE culture, geography, demography, family life, values, and etiquette. General facts about the UAE are that it is a federation of 7 emirates located in the Arabian Peninsula with a population of 8 million, its capital is Abu Dhabi, and its largest city is Dubai. The document also provides a link to download a PowerPoint presentation with additional details on various topics about the UAE.
Hindu Undivided Family Business, Kartha, Copercenres, unlimited liability to Karta, Business ownership, the unique feature of Indian business professional communities
Ted Turner is an American media mogul and philanthropist born in 1938. [1] He created the first national television network WTBS in the 1970s and launched CNN, the first 24-hour news network, in 1981. [2] Turner also founded TNT and purchased several sports franchises including the Atlanta Braves and Hawks. [3] He is now heavily involved in philanthropic causes through the United Nations Foundation, donating over $1 billion to support various programs.
El resumen trata sobre un examen de computación que incluye preguntas sobre procesadores de texto, hojas de cálculo, celdas, número de filas y columnas en una hoja de cálculo, Impress, Internet, Gmail y 4 utilidades de Gmail.
El documento describe 9 ejercicios para desarrollar la capacidad de los estudiantes para hallar la ecuación de circunferencia. Los ejercicios incluyen determinar las coordenadas del centro y radio de circunferencias dadas por ecuaciones, calcular ecuaciones de circunferencias con centros dados y tangentes a ejes u otras líneas, y estudiar la posición relativa de circunferencias y rectas.
El poema describe una fiesta donde los asistentes bailan y beben. Un hombre nota que la cara de una mujer se vuelve "más blanca que pálida" mientras escucha las historias de un narrador. A pesar de tener los ojos abiertos, el hombre parece no ver realmente lo que sucede a su alrededor.
This document provides information and advice for getting involved with nonprofit boards. It introduces Charlotte King as an expert in environmental and forestry marketing. The document then outlines different types of boards, best practices for boards, common board committees, and a three-step process for finding the right board to join. The steps include determining what issues you are passionate about, where you want to have impact, and how much time you have to serve, then researching specific organizations and becoming a board candidate. Contact information is provided for Charlotte King and additional leadership resources.
Ratan Tata is a renowned Indian businessman who served as the chairman of Tata Group from 1991 to 2012. Under his leadership, Tata Group expanded significantly through strategic acquisitions such as Tetley, VSNL, Corus Steel, Jaguar Land Rover, and became a global conglomerate. Tata is praised for his vision, integrity, and pushing Indian companies to become globally competitive while maintaining the values of the Tata Group like ethics and community responsibility. The document discusses Tata's principles, leadership skills, social initiatives, and some of the major achievements and awards he received during his time as chairman.
The document provides an overview of the objectives and general information about a program on the United Arab Emirates (UAE). The program aims to build knowledge of UAE culture, geography, demography, family life, values, and etiquette. General facts about the UAE are that it is a federation of 7 emirates located in the Arabian Peninsula with a population of 8 million, its capital is Abu Dhabi, and its largest city is Dubai. The document also provides a link to download a PowerPoint presentation with additional details on various topics about the UAE.
Hindu Undivided Family Business, Kartha, Copercenres, unlimited liability to Karta, Business ownership, the unique feature of Indian business professional communities
Ted Turner is an American media mogul and philanthropist born in 1938. [1] He created the first national television network WTBS in the 1970s and launched CNN, the first 24-hour news network, in 1981. [2] Turner also founded TNT and purchased several sports franchises including the Atlanta Braves and Hawks. [3] He is now heavily involved in philanthropic causes through the United Nations Foundation, donating over $1 billion to support various programs.
El resumen trata sobre un examen de computación que incluye preguntas sobre procesadores de texto, hojas de cálculo, celdas, número de filas y columnas en una hoja de cálculo, Impress, Internet, Gmail y 4 utilidades de Gmail.
El documento describe 9 ejercicios para desarrollar la capacidad de los estudiantes para hallar la ecuación de circunferencia. Los ejercicios incluyen determinar las coordenadas del centro y radio de circunferencias dadas por ecuaciones, calcular ecuaciones de circunferencias con centros dados y tangentes a ejes u otras líneas, y estudiar la posición relativa de circunferencias y rectas.
El poema describe una fiesta donde los asistentes bailan y beben. Un hombre nota que la cara de una mujer se vuelve "más blanca que pálida" mientras escucha las historias de un narrador. A pesar de tener los ojos abiertos, el hombre parece no ver realmente lo que sucede a su alrededor.
El documento clasifica los sistemas operativos en varias categorías: multiprocesador, que permite ejecutar un mismo programa en más de una CPU; multitarea, que permite ejecutar varios programas al mismo tiempo; y multiusuario, que permite que dos o más usuarios usen sus programas al mismo tiempo.
Los átomos son los componentes fundamentales de todo en el universo. Son increíblemente pequeños, con un tamaño de aproximadamente 0,000000001 milímetros. A pesar de su diminuto tamaño, los átomos son extraordinariamente abundantes y duraderos, y se reciclan continuamente a través de las estrellas, plantas, animales y seres humanos. Debido a su longevidad, los átomos que componen nuestros cuerpos probablemente pertenecieron en el pasado a figuras históricas como Shakespeare.
El documento presenta el calendario de evaluaciones del 5o Básico "B" del Instituto La Salle para junio y julio de 2012. En junio se realizarán evaluaciones de inglés, matemática, lenguaje y comunicación, ciencias, inglés, historia y matemática. En julio no hay actividades programadas debido a un feriado.
El documento habla sobre una prueba de slideshare. En pocas palabras, slideshare es una plataforma para compartir presentaciones en formato digital. El documento parece ser una prueba o experimento con las funciones básicas de slideshare para subir y compartir presentaciones de manera sencilla.
Circular integración educación media enero 2010Hernan Florez
La circular solicita a los directores regionales, subdirectores de centros de formación y coordinadores de formación profesional que diligencien un formulario antes del 27 de febrero de 2010 para conocer aspectos relevantes de la planeación del Programa de Integración con la Educación Media y poder implementar acciones de mejora y hacer seguimiento a los lineamientos del programa. El enlace al formulario es https://spreadsheets.google.com/viewform?formkey=dDR0STdNRWdXaVNrc0Ezc2NiOFoySUE6MA y la orientación para diligenciar
Este documento es un examen de computación para el segundo bachillerato en ciencias sociales. Contiene preguntas sobre procesadores de texto, hojas de cálculo, celdas, características de una hoja de cálculo, el programa Impress, Internet, Gmail, utilidades de Gmail y SlideShare. El estudiante debe responder las preguntas usando un procesador de texto, guardarlo como "EXAMEN_IIITRIMESTRE" y subirlo a SlideShare dentro de 60 minutos para ser calificado.
Este documento presenta un proyecto para usar un Laboratorio Virtual de Lengua con estudiantes que tienen Necesidades Educativas Especiales. El proyecto tiene como objetivos mejorar las habilidades de lectura y escritura de los estudiantes y fomentar su autonomía y responsabilidad. Se utilizarán herramientas digitales como Prezi, Audacity y blogs para apoyar la enseñanza guiada. El progreso de los estudiantes será evaluado al inicio, durante y al final del proyecto para mejorar la implementación del programa.
Este documento habla sobre diferentes tipos de préstamos e intereses. Explica los conceptos de interés simple, interés compuesto, tasa nominal y cómo se calculan los intereses dependiendo del tipo de préstamo.
Twitter es un servicio de microblogging gratuito con sede en San Francisco que permite a los usuarios enviar y leer pequeños textos llamados tweets. Combina las características de los blogs, las redes sociales y la mensajería instantánea para conectar a las personas con noticias e información en tiempo real sobre temas de su interés.
Este documento presenta los resultados de una encuesta de frecuencias relativas. Muestra las frecuencias, frecuencias acumuladas, fracciones y porcentajes para 4 intervalos de clases de una variable aleatoria. Adicionalmente, convierte las fracciones en grados para representar los datos en un diagrama de sectores.
Business and Investment Climate in the United States: Local Economy, State Incentives and Growth Prospects, is an update to a report jointly released by CII and SelectUSA in 2011.
CII and SelectUSA have created this report to serve as a ready reference guide to not just Indian companies but to all those looking to expand their business in the U.S. or enter the U.S. as an investment destination.
CII and SelectUSA share a critical and trusted relationship, both in India and the U.S. CII is proud to collaborate with SelectUSA across various spheres to proactively advance the India-U.S. trade, commercial and investment relationship.
Virmani says that while the economic problems in Ireland won't directly impact India, it could hurt market sentiment. He notes that India will need to rely on domestic economic growth given the current weak external situation. Ambani describes Reliance's story as being about partnerships, including those with the US, and notes that Reliance processes around 2% of the world's transportation fuels. Rajan is named as one of the seven most powerful economists in the world alongside Bernanke and Krugman. Jain's chances of becoming Deutsche Bank's next CEO may be undermined by a shift in power within the bank favoring its chief risk officer Baenziger.
Virmani says that while the economic problems in Ireland won't directly impact India, it could hurt market sentiment. He notes that India will need to rely on domestic economic growth given the current weak external situation. Ambani describes Reliance's story as being about partnerships, including those with the US, and notes that Reliance processes around 2% of the world's transportation fuels. Rajan is named as one of the seven most powerful economists in the world alongside Bernanke and Krugman. Jain's chances of becoming Deutsche Bank's new CEO may be undermined by a shift in power within the bank favoring its chief risk officer Baenziger.
Accounting TheoryNight 5 – SatyamBriefly answer the question.docxnettletondevon
Accounting Theory
Night 5 – Satyam
Briefly answer the questions 1-3:
1. Explain the fraud
a. What was the impact on the financial statements? What accounts were wrong?
b. What journal entries were wrong or omitted?
c. Who took the money and how much?
2. The Audit: Where Did They Go wrong –
a. PW India have to follow PCAOB Audit Standards – this was India?
b. Accounts Receivable: PCAOB standards and India Audit Standards differ little concerning Confirmations. Did PW India do anything wrong? (AU 312.16,312.17,316.28, AS No. 13…India AAS No. 30/SA 505)
c. Finding the Fraud: Under U.S. Standards, what is the auditor’s responsibility to find Fraud? (AU 110 & AU 317)
d. Were there any related party issues and what should PWI have done about them
e. Did PWI control the work outsources appropriately?
3. What about the Corporate Governance Structure and Corporate Culture Allowed the fraud to occur?
4. Just think about this: Did the punishment fit the crime? Are there cultural issues that impact your answer or the punishment
Satyam Fraud: A Case Study of India’s Enron
Veena L. Brown, Brian E. Daugherty, and Julie S. Persellin
ABSTRACT: This case provides students a unique opportunity to examine and reflect
on the challenges of auditing in today’s global environment. Students examine a real-
world billion dollar plus embezzlement and fraud at Satyam Corporation, an
international company based in India and previously trading on the New York Stock
Exchange. The case focuses on auditors’ responsibilities related to obtaining and
evaluating audit evidence, particularly as it relates to confirming cash and receivables.
It also explores the quality control responsibilities related to audit procedures
performed by foreign affiliates of a large international audit firm. The case illustrates
the role of culture in performing an audit in accordance with auditing standards issued
by the U.S. Public Company Accounting Oversight Board. Additionally, case details
provide opportunities for class discussions and foster students’ critical thinking skills on
other auditing topics such as audit risk and planning, related party transactions, tone-
at-the-top, and internal control deficiencies. By using a foreign issuer to explore these
issues, the case highlights both the technical and international challenges of
performing auditing procedures.
Keywords: American Depositary Shares; confirmation process; culture; embezzlement;
foreign issuers; fraud; quality control standards; related parties.
INTRODUCTION
‘‘I
t is with deep regret, and tremendous burden that I am carrying on my conscience, that I
would like to bring the following facts to your notice,’’ and so began the letter written on
January 7, 2009, by B. Ramalinga Raju, then Chairman of Satyam Computer Services
Limited (Satyam), to the Board of Directors, in which he admitted to a billion dollar accounting
fraud, the biggest in India’s corporate history (SEC 2009a). The fraud involved senior off.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
In this special edition of Insights Success Magazine – ‘Woman Lawyer of the Era - 2021’, we are honoured to present to our audience the professional story of the inspiring Founder & Managing Partner of Krishnamurthy & Co. – Naina Krishna Murthy.
Naina is an exemplar of all the qualities that make an excellent lawyer mentioned above. So, sit back, relax, take a break from your memes and out your life on pause as you read through the pages of this insightful edition.
El documento clasifica los sistemas operativos en varias categorías: multiprocesador, que permite ejecutar un mismo programa en más de una CPU; multitarea, que permite ejecutar varios programas al mismo tiempo; y multiusuario, que permite que dos o más usuarios usen sus programas al mismo tiempo.
Los átomos son los componentes fundamentales de todo en el universo. Son increíblemente pequeños, con un tamaño de aproximadamente 0,000000001 milímetros. A pesar de su diminuto tamaño, los átomos son extraordinariamente abundantes y duraderos, y se reciclan continuamente a través de las estrellas, plantas, animales y seres humanos. Debido a su longevidad, los átomos que componen nuestros cuerpos probablemente pertenecieron en el pasado a figuras históricas como Shakespeare.
El documento presenta el calendario de evaluaciones del 5o Básico "B" del Instituto La Salle para junio y julio de 2012. En junio se realizarán evaluaciones de inglés, matemática, lenguaje y comunicación, ciencias, inglés, historia y matemática. En julio no hay actividades programadas debido a un feriado.
El documento habla sobre una prueba de slideshare. En pocas palabras, slideshare es una plataforma para compartir presentaciones en formato digital. El documento parece ser una prueba o experimento con las funciones básicas de slideshare para subir y compartir presentaciones de manera sencilla.
Circular integración educación media enero 2010Hernan Florez
La circular solicita a los directores regionales, subdirectores de centros de formación y coordinadores de formación profesional que diligencien un formulario antes del 27 de febrero de 2010 para conocer aspectos relevantes de la planeación del Programa de Integración con la Educación Media y poder implementar acciones de mejora y hacer seguimiento a los lineamientos del programa. El enlace al formulario es https://spreadsheets.google.com/viewform?formkey=dDR0STdNRWdXaVNrc0Ezc2NiOFoySUE6MA y la orientación para diligenciar
Este documento es un examen de computación para el segundo bachillerato en ciencias sociales. Contiene preguntas sobre procesadores de texto, hojas de cálculo, celdas, características de una hoja de cálculo, el programa Impress, Internet, Gmail, utilidades de Gmail y SlideShare. El estudiante debe responder las preguntas usando un procesador de texto, guardarlo como "EXAMEN_IIITRIMESTRE" y subirlo a SlideShare dentro de 60 minutos para ser calificado.
Este documento presenta un proyecto para usar un Laboratorio Virtual de Lengua con estudiantes que tienen Necesidades Educativas Especiales. El proyecto tiene como objetivos mejorar las habilidades de lectura y escritura de los estudiantes y fomentar su autonomía y responsabilidad. Se utilizarán herramientas digitales como Prezi, Audacity y blogs para apoyar la enseñanza guiada. El progreso de los estudiantes será evaluado al inicio, durante y al final del proyecto para mejorar la implementación del programa.
Este documento habla sobre diferentes tipos de préstamos e intereses. Explica los conceptos de interés simple, interés compuesto, tasa nominal y cómo se calculan los intereses dependiendo del tipo de préstamo.
Twitter es un servicio de microblogging gratuito con sede en San Francisco que permite a los usuarios enviar y leer pequeños textos llamados tweets. Combina las características de los blogs, las redes sociales y la mensajería instantánea para conectar a las personas con noticias e información en tiempo real sobre temas de su interés.
Este documento presenta los resultados de una encuesta de frecuencias relativas. Muestra las frecuencias, frecuencias acumuladas, fracciones y porcentajes para 4 intervalos de clases de una variable aleatoria. Adicionalmente, convierte las fracciones en grados para representar los datos en un diagrama de sectores.
Business and Investment Climate in the United States: Local Economy, State Incentives and Growth Prospects, is an update to a report jointly released by CII and SelectUSA in 2011.
CII and SelectUSA have created this report to serve as a ready reference guide to not just Indian companies but to all those looking to expand their business in the U.S. or enter the U.S. as an investment destination.
CII and SelectUSA share a critical and trusted relationship, both in India and the U.S. CII is proud to collaborate with SelectUSA across various spheres to proactively advance the India-U.S. trade, commercial and investment relationship.
Virmani says that while the economic problems in Ireland won't directly impact India, it could hurt market sentiment. He notes that India will need to rely on domestic economic growth given the current weak external situation. Ambani describes Reliance's story as being about partnerships, including those with the US, and notes that Reliance processes around 2% of the world's transportation fuels. Rajan is named as one of the seven most powerful economists in the world alongside Bernanke and Krugman. Jain's chances of becoming Deutsche Bank's next CEO may be undermined by a shift in power within the bank favoring its chief risk officer Baenziger.
Virmani says that while the economic problems in Ireland won't directly impact India, it could hurt market sentiment. He notes that India will need to rely on domestic economic growth given the current weak external situation. Ambani describes Reliance's story as being about partnerships, including those with the US, and notes that Reliance processes around 2% of the world's transportation fuels. Rajan is named as one of the seven most powerful economists in the world alongside Bernanke and Krugman. Jain's chances of becoming Deutsche Bank's new CEO may be undermined by a shift in power within the bank favoring its chief risk officer Baenziger.
Accounting TheoryNight 5 – SatyamBriefly answer the question.docxnettletondevon
Accounting Theory
Night 5 – Satyam
Briefly answer the questions 1-3:
1. Explain the fraud
a. What was the impact on the financial statements? What accounts were wrong?
b. What journal entries were wrong or omitted?
c. Who took the money and how much?
2. The Audit: Where Did They Go wrong –
a. PW India have to follow PCAOB Audit Standards – this was India?
b. Accounts Receivable: PCAOB standards and India Audit Standards differ little concerning Confirmations. Did PW India do anything wrong? (AU 312.16,312.17,316.28, AS No. 13…India AAS No. 30/SA 505)
c. Finding the Fraud: Under U.S. Standards, what is the auditor’s responsibility to find Fraud? (AU 110 & AU 317)
d. Were there any related party issues and what should PWI have done about them
e. Did PWI control the work outsources appropriately?
3. What about the Corporate Governance Structure and Corporate Culture Allowed the fraud to occur?
4. Just think about this: Did the punishment fit the crime? Are there cultural issues that impact your answer or the punishment
Satyam Fraud: A Case Study of India’s Enron
Veena L. Brown, Brian E. Daugherty, and Julie S. Persellin
ABSTRACT: This case provides students a unique opportunity to examine and reflect
on the challenges of auditing in today’s global environment. Students examine a real-
world billion dollar plus embezzlement and fraud at Satyam Corporation, an
international company based in India and previously trading on the New York Stock
Exchange. The case focuses on auditors’ responsibilities related to obtaining and
evaluating audit evidence, particularly as it relates to confirming cash and receivables.
It also explores the quality control responsibilities related to audit procedures
performed by foreign affiliates of a large international audit firm. The case illustrates
the role of culture in performing an audit in accordance with auditing standards issued
by the U.S. Public Company Accounting Oversight Board. Additionally, case details
provide opportunities for class discussions and foster students’ critical thinking skills on
other auditing topics such as audit risk and planning, related party transactions, tone-
at-the-top, and internal control deficiencies. By using a foreign issuer to explore these
issues, the case highlights both the technical and international challenges of
performing auditing procedures.
Keywords: American Depositary Shares; confirmation process; culture; embezzlement;
foreign issuers; fraud; quality control standards; related parties.
INTRODUCTION
‘‘I
t is with deep regret, and tremendous burden that I am carrying on my conscience, that I
would like to bring the following facts to your notice,’’ and so began the letter written on
January 7, 2009, by B. Ramalinga Raju, then Chairman of Satyam Computer Services
Limited (Satyam), to the Board of Directors, in which he admitted to a billion dollar accounting
fraud, the biggest in India’s corporate history (SEC 2009a). The fraud involved senior off.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
In this special edition of Insights Success Magazine – ‘Woman Lawyer of the Era - 2021’, we are honoured to present to our audience the professional story of the inspiring Founder & Managing Partner of Krishnamurthy & Co. – Naina Krishna Murthy.
Naina is an exemplar of all the qualities that make an excellent lawyer mentioned above. So, sit back, relax, take a break from your memes and out your life on pause as you read through the pages of this insightful edition.
In this special edition of Insights Success Magazine –Lawyer of the Era-2021 we are honored to present to our audience the professional story of the inspiring Founder and Managing Partner of Krishnamurthy & Co. – Naina Krishna Murthy.
The document announces the 5th annual India Leadership Conclave to be held on July 18, 2014 in Mumbai, India. The event will bring together 300 industry leaders to discuss improving political and business policies in India. There will be speeches on key issues facing India such as healthcare innovation, governance reforms, and strategies for reviving the economy. Panel discussions will feature leaders from politics and business. The day-long event will also present business leadership awards.
India has several competitive advantages that make it an attractive destination for foreign investment. It has a large consumer market and skilled, low-cost workforce. India also has a stable democratic system, strong legal framework, and good infrastructure. However, India also faces potential threats to its national security from China and Pakistan. Specifically, the ongoing territorial disputes and the nuclear capabilities of all three countries increase the risk of war. In addition, Pakistan continues to support terrorist groups in Kashmir, and China has tried to internationalize the Kashmir issue.
This FICCI E&Y report, fifth in the series, highlights the recent trends in investments and M&A by Indian companies in the US. The report highlights the efforts of Indian corporates in not only their corporate globalization but also their strategic quest to uncover new markets and connect with the global supply chain.
Indian billionaire Ajay Piramal has $3.8 billion in cash from the sale of his generic drug operations but is struggling to find worthy investment opportunities in India. Due to issues like corruption, bureaucratic red tape, lack of transparency, and changing government policies, it can take 5 years to set up a plant in India that would take only 2 years in China. Many Indian businesses are now investing more money overseas than foreign companies are investing in India. While Piramal remains patriotic, he has been unable to find transparent infrastructure or other projects in India and is now looking at investment opportunities in the US instead.
Doing Business in India - RSM India publication (2012)RSM India
India is one of the fastest growing economies in the world with a GDP growth rate of around 7% annually. It has a large, young population and is becoming an important market and outsourcing destination globally due to availability of skilled labor. Various sectors like IT, pharmaceuticals, banking and manufacturing have seen growth. Foreign investment is permitted in most sectors either through automatic or approval route. Setting up operations in India can be done through companies, branches, liaison offices or project offices. Key compliance requirements include regulatory filings and following labor laws. Corporate tax rate is 30-33% while individual tax slabs range from 0-30%. India provides various incentives for businesses and seeks to continue reforms to further improve ease of doing business
Indian Affairs, India Leadership Conclave 2015, Indian Affairs Business Leadership Awards 2015, Satya Brahma, Network 7 Media Group, ILC power Brands,6th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2015, Indian Affairs Indian of the year 2015
Indians are the third fastest growing foreign investors in the US, according to a top Obama administration official. Holly Vineyard, Deputy Assistant Secretary of Commerce, acknowledged India's positive economic contributions during the recession and noted that "India is the third fastest growing foreign investor in the US." Index funds are recommended for first-time investors as a way to gain returns by tracking key indices like the Sensex and Nifty without extensive stock picking or portfolio management. The upcoming G20 summit could have broad implications for emerging market fund flows and returns as countries may clash over currency policies with potential impacts on quantitative easing and monetary policy. President Obama took notice of Tata's $2,500 Nano car during an introduction to its chairman R
Recent developments and challenges of leadership in the 21st century, considering Y generation.
Theoretical foundations and basic principles of balanced management and organization.
Ambidextrous leadership.
Competing values.
Organizational ambidexterity.
Inner attitude as a basis for balanced leadership.
Importance of organizational culture.
Trust and value-based leadership.
Practical example.
Uday Kotak and Kunal Bahl were selected as the Business Leader of the Year and Entrepreneur of the Year respectively for building successful businesses in India despite facing challenges. Hindustan Unilever won the Company of the Year award for its size, track record, and ability to perform well in difficult markets. Nikesh Arora of SoftBank won the Global Indian award for his work in investing in and mentoring Indian startups. Amitabh Kant was selected as the Policy Change Agent for his work efficiently driving policy changes as a bureaucrat.
Similar to Asian News International: A nuclear scientist turned accountant gets Bharat Samman (16)
Budget 2014 was announced by the Swedish government on 9 April 2014. The new budget aims at encouraging education to improve the quality of the workforce
India Enacts Further Sections of the Companies Act, 2013Nair and Co.
With reference to the effectiveness of India?s new Companies Act, 2013, the Ministry of Corporate Affairs (MCA) has further notified 183 sections and schedules. The newly notified sections have come into effect 1 April 2014.
India Announces New Corporate Social Responsibility RulesNair and Co.
India has recently introduced legislation mandating the establishment of Corporate Social Responsibility (CSR) policies for both Indian companies as well as foreign companies operating in India.
United Kingdom – Budget 2014 AnnouncedNair and Co.
The Chancellor of the Exchequer recently presented the Budget for 2014-15. Significant measures include those for investment, savers, retirement and small & medium enterprises (SMEs).
Philippines Introduces New Permit for 9(g) Pre-arranged Employment Visa Appli...Nair and Co.
The Philippines' Department of Labor and Employment (DOLE) has introduced a new permit applicable only for the foreign nationals applying for 9(g) Pre-arranged Employment Visas, all other visa categories are exempted.
Argentina Clarifies Income Tax ProvisionsNair and Co.
Argentina has amended its income tax provisions relating to securities transactions and dividend distributions. Key changes include a 15% tax on gains from selling securities, a 13.5% tax on foreign shareholders' security sales, and a 10% withholding tax on dividends paid to local and foreign shareholders. Clarifications have provided some exemptions to the capital gains tax and guidance on calculating dividend withholding taxes. These amendments and clarifications apply retroactively to transactions since September 2013.
China Eases Tax Exemption for E-commerceNair and Co.
The Chinese Finance Ministry (MOF) and the State Administration of Taxation (SAT) have recently published a joint circular announcing easier eligibility requirements for tax exemptions for e-commerce exporters.
Belgium Introduces Changes to Employment Law RegulationsNair and Co.
Belgian Official Gazette recently published a new employment regulation outlining employment termination notice periods for both blue and white collar employees, effective 1 January 2014.
Germany Updates Minimum Salary Qualifications for EU Blue Card HoldersNair and Co.
The German government has raised the minimum salary qualifications for EU Blue Card holders effective January 1, 2014. The minimum gross salary for new Blue Card holders is now €47,600, up from €46,400 in 2013. The salary threshold for occupations with shortages is €37,128, up from €36,192 in 2013. Companies with operations in Germany should consider the increased minimum salary requirements when assigning EU Blue Card workers to avoid increased business costs.
Australia Increases Super (Superannuation Guarantee), the Required Employer R...Nair and Co.
The Australian government has announced significant changes to the Super regime. Super contributions will eventually increase to 12% by 2020, reports Nair & Co.’s International HR Team.
The Belgian government has decided to reduce the rate of withholding tax on dividends paid by small- and medium-sized enterprise (SME) to 15 or 20 percent, depending on certain conditions (from 25 percent).
Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards CeremonyNair and Co.
Nair & Co., a global integrated solutions provider helping companies expand internationally, is proud to be named as the sponsor of the Churchill Club “Magical Team” Award. Sir Alan Collins, the firm’s advisor to the Board, will be presenting the award at The Churchills 2013.
South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...Nair and Co.
The South Korean government passed the Tax Revision Bill in January 2013, which brings in significant changes to corporate and individual taxation provisions, for companies and foreign nationals working in the country, says Nair & Co.’s International Tax Consulting Team.
Australian Federal Court Clarifies that Reasonable Performance Management is ...Nair and Co.
In a case which involved Mr. Ramos and Good Samaritan Industries (GSI), Justice Barker has upheld Federal Magistrate Rolf Driver’s earlier verdict which held that reasonable performance management would not be considered as an adverse action.
India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...Nair and Co.
The Indian government has notified the rules to execute an amnesty scheme i.e. “Voluntary Compliance Encouragement Scheme” which was proposed in its February 2013 budget. A onetime reprieve will be given to service tax defaulters, who make a voluntary disclosure.
India passes finance bill for 2013 14- updates from international tax consult...Nair and Co.
The Indian parliament passed the Finance Bill for 2013-14 on April 30th. It clarified that tax residency certificates issued by foreign governments will be accepted as proof of residency for non-resident taxpayers claiming benefits under double taxation avoidance agreements. However, the government reserves the right to request additional documentation. The Finance Bill 2013 had sought to amend a 2012 provision making tax residency certificates not adequate for claiming treaty benefits, causing concern for non-residents. This issue has now been clarified.
Argentina Introduces New Systems for Recording Overseas Payments: Update from...Nair and Co.
The Argentinian government has introduced a new electronic system i.e. the “Single Electronic Window of Foreign Trade” which will enable data transfer and tracking of international trade transactions and commercial information, between different government bodies in Argentina.
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
Cover Story - China's Investment Leader - Dr. Alyce SUmsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Garments ERP Software in Bangladesh _ Pridesys IT Ltd.pdfPridesys IT Ltd.
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With this automated solution you can easily track your business activities and entire operations of your garments manufacturing
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Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...Herman Kienhuis
Presentation by Herman Kienhuis (Curiosity VC) on developments in AI, the venture capital investment landscape and Curiosity VC's approach to investing, at the alumni event of Amsterdam Business School (University of Amsterdam) on June 13, 2024 in Amsterdam.
Profiles of Iconic Fashion Personalities.pdfTTop Threads
The fashion industry is dynamic and ever-changing, continuously sculpted by trailblazing visionaries who challenge norms and redefine beauty. This document delves into the profiles of some of the most iconic fashion personalities whose impact has left a lasting impression on the industry. From timeless designers to modern-day influencers, each individual has uniquely woven their thread into the rich fabric of fashion history, contributing to its ongoing evolution.
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Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
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The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
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The Most Inspiring Entrepreneurs to Follow in 2024.pdfthesiliconleaders
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
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Asian News International: A nuclear scientist turned accountant gets Bharat Samman
1. A nuclear scientist turned accountant gets Bharat Samman
By Sanjay Kumar
New Delhi, Jan.13, 2009 (ANI): The journey of life is weird and highly unpredictable. It is not
necessary that one reaches the place where one starts out for. This applies for Dr Shan Nair. An
Oxford educated and trained nuclear scientist from UK, Nair retrained himself as an accountant in the
early 1990s. He founded Nair and Co. in 1994 and currently oversees the group’s overall
development, its policies, strategies and goals.
On January 9th, Dr Nair was awarded the “Bharat Samman”; a prestigious award presented each
year to 20 prominent Indian expatriates. Founded by the NRI Institute, a global non-profit, the ”Bharat
Samman” annual awards recognize the economic and philanthropic achievements of the Indian
Diaspora.
“I feel honoured for getting the award and it further reinforces my connection with my birth place”, this
was his reaction after joining the illustrious list of past awardees that include Sam Pitroda ,Chairman
of India’s Knowledge Commission, Lord Swaraj Paul, British Parliamentarian and the founder of
Caparo Group and Baron Karan Bilimoria, CEO of Cobra Beer.
Nair is keen on expanding his business ventures in different cities of India with his current Mumbai
office being the main headquarter.
Today, Nair and Co. supports more than 700 client operations in over 40 countries, offering a one-
stop solution for companies seeking to make their overseas expansion less risky, stress free and
more strategic in the finance, tax, HR, compliance and legal arenas. Headquartered in the U.K., Nair
& Co. has key offices in India, China, U.S. and Japan.
Nair feels that India is still “far away from realizing its full potential as an economic power house” and
the country needs to be more assertive and confident” in presenting itself at the international foray.
He doesn’t see any hope for economic upturn in the next two years with the recession hitting the
world. However, Nair feels that India is “much less affected as India’s growth rate is internally
generated.”
The Satyam fiasco for him is similar to the World.com that happened in America and it’s the “problem
of proper auditing” but this will not affect the country’s growth story.
“Terrorism is the biggest obstacle for India and the government is not handling the situation at home
very firmly as the USA did after 9/11,” he added.
An avid political watcher, Nair wants a coalition of Congress and the Bhartiya Janata Party (BJP) for
a stable political and economic growth of the country.
Interestingly Nair is one of the few Indian expatriates who were against Indo-American nuclear deal.
He thinks that India stands to lose from this tie-up.
“The deal is a setback to India’s indigenous growth of nuclear technology”. The nuclear deal should
not be the reason for strategic tie up between India and USA. “It should be India’s economic strength
that should be the premise on which the relationship between two largest democracies of the world
should be defined,” he adds. Born in family of a diplomat, Dr. Nair has lived in over 15 countries. He
married Vyoma in 1976, and the two jointly founded Nair and Co, Inc. in 1994.
The ”Bharat Samman” adds to a growing list of accolades for Dr. Nair who received the ”Gullands
Excellence Award” and ”Outstanding 50 Asian Americans in Business” award earlier in 2008.