India and Japan Trade and Investment Bulletin published by Japan Desk of Corporate Professionals---
Highlights:::
1. India to become 3rd largest Auto Market by 2016,
2. Japan's Imaging Solutions Provider keeps its top line aims robust
3. Honda targeting a greater presence in India
4. Instant Messaging Apps make it big in India
Knowledge Center: Trade Mark Law - Madrid Protocol Becomes Effective in India
Indo-Japan Trade and Investment Highlights:
India and Japan to work IT together
Japanese firm Looking to Strengthen Aviation Defence Presence in India
Omori to Acquire Majority Stake in Multi Pack Systems
Return of Mazda in India
Currency Swap to Control Falling Rupee and Improving Financial Ties with Japan
Suzuki to make India Hub for Export of Left Wheel Drive Swift Models to other Emerging Markets
India and Japan Launch Joint Research Programs in Applied Science
The Anime Bond
Knowledge Center: Overview of Indian Labour Law
Highlights of IJTIB-December 2013:
• Japanese Carmakers Commit Huge Investments to India
• Japan’s Toyo Suisan & Ajinomoto Forming 51:49 Instant Noodle JV in India
• India and Japan Eyeing Joint Tenders for LNG
• Ecovis RKCA Partners Japanese Firm Ecovis XAT
• Manufacturing Firms in Japan Prefer India for Investments
• CAC Corporation to Acquire Majority Stake in Accel Fortline
• Japan’s Kokuyo Acquires Riddhi Enterprises
• Isuzu Earmarks Three Thousand Crores for Sri City Unit
• Japan's KITZ Corp Acquires Indian Valve Manufacturer Micro Pneumatics
• Hitachi to Invest Rs. 4,700 Crore in India in 2015-16
• Suzuki to set up Export Headquarters in India
• Japanese Companies Keen to Establish Telecom Gear Test Labs in India
• Japan's Whisky Maker Suntory May Join Race for Whyte & Mackay
• Samurai Incubate to Fund Indian Startups
Knowledge Centre: Work Hour and Overtime (Indian labour and Employment Law)
Highlights of IJTIB, August 2014
Toshiba to buy 26% stake in UEM India from existing shareholders
Nissan to build Micra for European market in France instead of Chennai
Mahindra Conveyor Systems group firm forms JV with Japanese Tsubaki
India’s Karbonn to make phone batteries with a Japanese researcher
Sun Pharmaceutical, with Daiichi, to tap the Japanese market
Japan may allow India to produce parts for US-2 amphibious aircraft
Ricoh seeks to double revenue from Indian market
Japan’s Keihin corp is set to develop facilities in Bangalore
India’s Suzlon in talks for Japanese offshore wind partner
Sony plans to set up a manufacturing plant in India
Toto opens its new plant in India
Amtek and Riken join hands to form 50:50 JV
Highlights of Indo-Japan Trade & Investment Bulletin:- October 2013 (Monthly newsletter of Japan Desk of Corporate Professionals)
India- Japan Trade and Investment News
Knowledge Center: Labour Contracts in India
Highlights of Bulletine : Uniqlo to Partner Arvind Brands & Retail to Set Shop in India , National Stock Exchange (NSE) and Japan Exchange Group (JPX) Plan Nifty Futures on Osaka Stock Exchange (OSE), MicroAd of Japan Sets up India Office, Isuzu Motors Finalises India Plant Location, Mahindra Satyam and Techmatrix Join Hands to Explore Opportunities in Healthcare Market
Article 'Impact of the Companies Act, 2013 on the Foreign Companies having a Place of Business in India' in Knowledge Centre
News Highlights:
-India’s Sun Pharma eyes to enter the Japanese Market
-Indian VC firm plans $1 billion fund to back Japanese Ventures
-Lumux Auto forms 55:45 JV with Japan’s Mannoh Industrial
-Tide Water Oil to form JV with Japan’s JX Nippon Oil & Energy
-Japan's Chubu in deal with India's GAIL to consider joint LNG buy
-Japan's Netmagic expands Data Center footprint in India
-Japan urges Indian firms to participate in IT Week Show
-Japan pledges Rs 15,000-cr loan for five Indian Projects
-Meidensha Corp buys 23% stake in Prime Electric
Indo-Japan Trade and Investment Highlights:
India and Japan to work IT together
Japanese firm Looking to Strengthen Aviation Defence Presence in India
Omori to Acquire Majority Stake in Multi Pack Systems
Return of Mazda in India
Currency Swap to Control Falling Rupee and Improving Financial Ties with Japan
Suzuki to make India Hub for Export of Left Wheel Drive Swift Models to other Emerging Markets
India and Japan Launch Joint Research Programs in Applied Science
The Anime Bond
Knowledge Center: Overview of Indian Labour Law
Highlights of IJTIB-December 2013:
• Japanese Carmakers Commit Huge Investments to India
• Japan’s Toyo Suisan & Ajinomoto Forming 51:49 Instant Noodle JV in India
• India and Japan Eyeing Joint Tenders for LNG
• Ecovis RKCA Partners Japanese Firm Ecovis XAT
• Manufacturing Firms in Japan Prefer India for Investments
• CAC Corporation to Acquire Majority Stake in Accel Fortline
• Japan’s Kokuyo Acquires Riddhi Enterprises
• Isuzu Earmarks Three Thousand Crores for Sri City Unit
• Japan's KITZ Corp Acquires Indian Valve Manufacturer Micro Pneumatics
• Hitachi to Invest Rs. 4,700 Crore in India in 2015-16
• Suzuki to set up Export Headquarters in India
• Japanese Companies Keen to Establish Telecom Gear Test Labs in India
• Japan's Whisky Maker Suntory May Join Race for Whyte & Mackay
• Samurai Incubate to Fund Indian Startups
Knowledge Centre: Work Hour and Overtime (Indian labour and Employment Law)
Highlights of IJTIB, August 2014
Toshiba to buy 26% stake in UEM India from existing shareholders
Nissan to build Micra for European market in France instead of Chennai
Mahindra Conveyor Systems group firm forms JV with Japanese Tsubaki
India’s Karbonn to make phone batteries with a Japanese researcher
Sun Pharmaceutical, with Daiichi, to tap the Japanese market
Japan may allow India to produce parts for US-2 amphibious aircraft
Ricoh seeks to double revenue from Indian market
Japan’s Keihin corp is set to develop facilities in Bangalore
India’s Suzlon in talks for Japanese offshore wind partner
Sony plans to set up a manufacturing plant in India
Toto opens its new plant in India
Amtek and Riken join hands to form 50:50 JV
Highlights of Indo-Japan Trade & Investment Bulletin:- October 2013 (Monthly newsletter of Japan Desk of Corporate Professionals)
India- Japan Trade and Investment News
Knowledge Center: Labour Contracts in India
Highlights of Bulletine : Uniqlo to Partner Arvind Brands & Retail to Set Shop in India , National Stock Exchange (NSE) and Japan Exchange Group (JPX) Plan Nifty Futures on Osaka Stock Exchange (OSE), MicroAd of Japan Sets up India Office, Isuzu Motors Finalises India Plant Location, Mahindra Satyam and Techmatrix Join Hands to Explore Opportunities in Healthcare Market
Article 'Impact of the Companies Act, 2013 on the Foreign Companies having a Place of Business in India' in Knowledge Centre
News Highlights:
-India’s Sun Pharma eyes to enter the Japanese Market
-Indian VC firm plans $1 billion fund to back Japanese Ventures
-Lumux Auto forms 55:45 JV with Japan’s Mannoh Industrial
-Tide Water Oil to form JV with Japan’s JX Nippon Oil & Energy
-Japan's Chubu in deal with India's GAIL to consider joint LNG buy
-Japan's Netmagic expands Data Center footprint in India
-Japan urges Indian firms to participate in IT Week Show
-Japan pledges Rs 15,000-cr loan for five Indian Projects
-Meidensha Corp buys 23% stake in Prime Electric
Indo - Japan Trade & Investment Bulletin- January 2014 published by Japan Desk of Corporate Professionals Highlights:
• India to buy Japan-made Military Aircraft
• NTPC Signs Loan Agreement with JBIC and SMBC
• Suzuki to Manufacture Exclusively for Maruti
• DoCoMo’s arm, OLM to enter Virtual Retail Market of India
• India’s ONGC Signs Exploration Cooperation Agreement with Mitsui of Japan
• Japan's Chubu Electric & India's GAIL to sign MOU on LNG Procurement
• Japan and India Sign Energy and Telecommunications Agreements
• India Extends Incentives to Japan for Investment in FAB Industry
• India’s Cadila to Exit from Japanese Pharma Business
• Japan Plans JV Firm to Finance Bullet Train Projects in India
• India based Moser Baer Sells 100 Crore worth Solar PV Modules in Japan
• Toshiba to buy 26% Stake in UEM India from Existing Shareholders
• Japan’s Yamaha to develop its Products Entirely in India
• India based Comstar in talks with Japan’s Mitsubishi to Sell Company
• Japanese Investors Eye Indian e-Commerce Segment
• Japans' Arkray to Acquire IVD Business in India
• India’s 3F Industries forms JV with Japanese firm Fuji Oil
The October edition of CII Communique features cover story on "MSMEs in India: The Road Ahead". The journal also talks about India Japan Business Leaders Forum, various initiatives undertaken during the month and economy in detail.
Overall Equipment Effectiveness (OEE) is a measure of the Maximum Potential Ability of a production equipment to perform in a particular production environment. It does NOT drop when production is reduced nor does it rise when production volume is increased. It is stable. It is like the inherent HP of an automobile engine. An increase in OEE may be compared to a successful modification of an automobile engine to increase its HP. Improvement is permanent.
The task assigned was to improve overall equipment effectiveness of outer tube machining cells. There were 6 outer tube machining cells, each machining cell had 3 machines first was 2T machine to machine both ends of outer tubes, second was 5T machine to deep boring operation and VMC machine to milling and drilling operations.
The task was to be completed in 5 steps. First step was production data collection of the month MAY 2016, Second step was to calculate OEE, third step was to analyze data to find the reasons of losses, fourth step was to find the root causes and the last step was to submit the action plan to improve on the losses.
Industry analysis and discussion about top 5 companies in Automobile industry, Its 5 years CAGR, Discussion about porters 5 force analysis, Industry growth, and its future prospects.
India Japan (Indo-Japan) Trade and Investment Monthly NewsLetter, Japan to Import more Textiles from India, Honda Cars India to launch 5 new Diesel Models, Impact of the Companies Bill, 2012 on the Foreign Companies having a Place of Business in India, Class Action Suits: Finally an effective weapon in the hands of the Stakeholders
Indo Japan Trade and Investment Bulletin by Japan Desk of Corporate Professionals
Highlights:
1. Claris Lifesciences Transfers its Infusion Business to JV with Japanese Companies
2. Honda rises to become the Second Largest Two Wheeler Player in India
3. Ricoh to Expand its Business in India
4. Panasonic looking to Increase Revenue from India
5. Tube Investments of India to Invest in a JV with Japan’s Tsubamex
6. Japanese Companies Delegating Autonomy to Local Talent
and much more
Knowledge Centre: FDI Policy Update
Indo-Japan Trade and Investment Bulletine by Japan Desk of Corporate Professionals,
Kose Corporation Enters into its First Overseas JV with Elder Pharma
India’s Rollatainers Limited forms a 50:50 JV with Japan’s Toyo Machine
L&T to exit from JV with Komatsu
Japan’s Isuzu Motors Ltd to set up an LCV manufacturing plant in India
India-Japanese Hospital in Bangalore to Start Functioning from July
Kalyani Appointed Head of India-Japan Business Leader's Forum
Mitsubishi Electric Planning for Elevator Production in India
Japan's Kyosan Electric opens up in India
Jamna Auto may Sell its Stake in the NHK Springs JV
Pune Farmer and Japan’s NEC Corporation Join Hands to Produce High-Value
Strawberry
India’s Reliance Group enters the Top 2 Gaming Markets in the World
Tata Metaliks Ends its Collaboration with Japanese Kubota and Metal One
Mitsubishi Partners with Neuland Laboratories in an API Deal
India and Japan Cooperate to Ensure Freedom of Navigation on the High Seas
Japan Grants an Aid of USD 2.32 Billion to India
Knowledge Centre : Impact of the Companies Bill, 2012 on the Foreign Companies having a Place of Business in India
Indo - Japan Trade & Investment Bulletin- January 2014 published by Japan Desk of Corporate Professionals Highlights:
• India to buy Japan-made Military Aircraft
• NTPC Signs Loan Agreement with JBIC and SMBC
• Suzuki to Manufacture Exclusively for Maruti
• DoCoMo’s arm, OLM to enter Virtual Retail Market of India
• India’s ONGC Signs Exploration Cooperation Agreement with Mitsui of Japan
• Japan's Chubu Electric & India's GAIL to sign MOU on LNG Procurement
• Japan and India Sign Energy and Telecommunications Agreements
• India Extends Incentives to Japan for Investment in FAB Industry
• India’s Cadila to Exit from Japanese Pharma Business
• Japan Plans JV Firm to Finance Bullet Train Projects in India
• India based Moser Baer Sells 100 Crore worth Solar PV Modules in Japan
• Toshiba to buy 26% Stake in UEM India from Existing Shareholders
• Japan’s Yamaha to develop its Products Entirely in India
• India based Comstar in talks with Japan’s Mitsubishi to Sell Company
• Japanese Investors Eye Indian e-Commerce Segment
• Japans' Arkray to Acquire IVD Business in India
• India’s 3F Industries forms JV with Japanese firm Fuji Oil
The October edition of CII Communique features cover story on "MSMEs in India: The Road Ahead". The journal also talks about India Japan Business Leaders Forum, various initiatives undertaken during the month and economy in detail.
Overall Equipment Effectiveness (OEE) is a measure of the Maximum Potential Ability of a production equipment to perform in a particular production environment. It does NOT drop when production is reduced nor does it rise when production volume is increased. It is stable. It is like the inherent HP of an automobile engine. An increase in OEE may be compared to a successful modification of an automobile engine to increase its HP. Improvement is permanent.
The task assigned was to improve overall equipment effectiveness of outer tube machining cells. There were 6 outer tube machining cells, each machining cell had 3 machines first was 2T machine to machine both ends of outer tubes, second was 5T machine to deep boring operation and VMC machine to milling and drilling operations.
The task was to be completed in 5 steps. First step was production data collection of the month MAY 2016, Second step was to calculate OEE, third step was to analyze data to find the reasons of losses, fourth step was to find the root causes and the last step was to submit the action plan to improve on the losses.
Industry analysis and discussion about top 5 companies in Automobile industry, Its 5 years CAGR, Discussion about porters 5 force analysis, Industry growth, and its future prospects.
India Japan (Indo-Japan) Trade and Investment Monthly NewsLetter, Japan to Import more Textiles from India, Honda Cars India to launch 5 new Diesel Models, Impact of the Companies Bill, 2012 on the Foreign Companies having a Place of Business in India, Class Action Suits: Finally an effective weapon in the hands of the Stakeholders
Indo Japan Trade and Investment Bulletin by Japan Desk of Corporate Professionals
Highlights:
1. Claris Lifesciences Transfers its Infusion Business to JV with Japanese Companies
2. Honda rises to become the Second Largest Two Wheeler Player in India
3. Ricoh to Expand its Business in India
4. Panasonic looking to Increase Revenue from India
5. Tube Investments of India to Invest in a JV with Japan’s Tsubamex
6. Japanese Companies Delegating Autonomy to Local Talent
and much more
Knowledge Centre: FDI Policy Update
Indo-Japan Trade and Investment Bulletine by Japan Desk of Corporate Professionals,
Kose Corporation Enters into its First Overseas JV with Elder Pharma
India’s Rollatainers Limited forms a 50:50 JV with Japan’s Toyo Machine
L&T to exit from JV with Komatsu
Japan’s Isuzu Motors Ltd to set up an LCV manufacturing plant in India
India-Japanese Hospital in Bangalore to Start Functioning from July
Kalyani Appointed Head of India-Japan Business Leader's Forum
Mitsubishi Electric Planning for Elevator Production in India
Japan's Kyosan Electric opens up in India
Jamna Auto may Sell its Stake in the NHK Springs JV
Pune Farmer and Japan’s NEC Corporation Join Hands to Produce High-Value
Strawberry
India’s Reliance Group enters the Top 2 Gaming Markets in the World
Tata Metaliks Ends its Collaboration with Japanese Kubota and Metal One
Mitsubishi Partners with Neuland Laboratories in an API Deal
India and Japan Cooperate to Ensure Freedom of Navigation on the High Seas
Japan Grants an Aid of USD 2.32 Billion to India
Knowledge Centre : Impact of the Companies Bill, 2012 on the Foreign Companies having a Place of Business in India
The India AutoBook helps you to identify new customers in the Automotive industry and provides key contact information.
Automotive Intelligence for Professionals: The India AutoBook includes company profiles of OEM car makers, multinational and local automotive parts suppliers as well as organizations, media and exhibitions.
It also includes detailed statistics about Automotive sales, market share and OEM capacities.
Automotive Intelligence for Professionals: The India AutoBook includes company profiles of OEM car makers, multinational and local automotive parts suppliers as well as organizations, media and exhibitions.
It also includes detailed statistics about Automotive sales, market share and OEM capacities.
The India AutoBook helps you to identify new customers in the Automotive industry and provides key contact information.
Automobile Industry Analysis- Indian marketRiya Aseef
• With sales of around 40,000 luxury cars in 2017, India became the 27th most attractive luxury market in the world.
• The luxury car market in India is expected to grow at 25 per cent CAGR till 2020.
• Audi is launching its luxury electric SUV in India in 2019. The electric SUV will be called e-Tron.
• Premium motorbike sales in India crossed one million units in FY18.
• As of February 2019, Lamborghini sold 45 units in the year 2018 and expects a jump in sales by 60 per cent in the year 2019.
• Volvo plans to assemble hybrid electric cars in India and also scale its market share to 10 per cent by 2020 in Indian luxury car segment.
• As of May 2019, Jaguar Land Rover launched its locally assembled Range Rover Velar making the JLR cars more affordable by quite some margin.
• BMW crosses 10,000 unit mark for the first time in a calendar year 2018. BMW along with Mini grew 13 per cent compared to 2017. Mini sales rose by a staggering 66 per cent in 2018.
The presentation discusses various aspects of Corporate Governance and involved issues, keeping in view the recent developments and controversies arose in conglomerates such as Tata and Infosys. It aims at portraying the extant position in filed of Corporate Governance vis-a-vis a pragmatic view of what it would be.
A Presentation given by Mr. Pavan Kumar Vijay, Past President, ICSI, Chairman-Secretarial Standards Board
on Corporate Governance through the eyes of Secretarial Standards.
Mr. Chander Sawhney, Partner & Head – Valuation & Deals, Corporate Professionals shared his thoughts as a guest Speaker on M&A Valuation and challenges at a Business Valuation Masterclass organised by VC Circle on 31st August, 2016. Corporate Professionals acted as the event supporting partner.
• In case of a merger valuation, the emphasis is on arriving at the relative values of the shares of the merging companies to facilitate determination of the swap ratio, hence, the purpose is not to arrive at absolute values of the shares of the companies. The key issue to be addressed is that of fairness to all shareholders. There are established legal precedence for merger valuation methodologies:
• Valuer’s role is to incorporate case specific factors and use appropriate methodologies so as to determine a fair ratio
• Usually, best to give weight ages to valuation by all methods
• Market price method and Earnings methods dominate.
• It is observed that in case of M&A, the Valuations depart from the concept of “Fair Value” as elements like Distress Sale, Desperate Buy, Comparable Transaction Multiples come into play reflecting Price than Value.
About Corporate Professionals Valuation Practice
Corporate Professionals Capital Pvt. Ltd. is a SEBI Registered (Cat-1) Merchant Banker and has a successful track record of providing a broad range of M&A and Transaction Advisory Services. Our Dedicated Team has more than 10 years of rich Valuation experience and we have executed more than 500 Corporate Valuations for clients of International Repute across different Context, Industries and Boundaries.
To know more about Our Valuation offerings and how we can help you, please visit us at www.corporatevaluations.in or download our Valuation profile @ http://www.corporatevaluations.in/VALUATION_PROFILE.pdf
Mr. Chander Sawhney, Partner & Head – Valuation & Deals, Corporate Professionals shared his thoughts as a guest Speaker on Relative Valuation - Techniques & Application at a Business Valuation Masterclass organised by VC Circle on 31st August, 2016.
Relative Valuation in which value of an asset or liability is done by comparing it to its Peers is pervasive and preferred for ascertaining Fair Value at a point of time as it reflects the market positioning of the Industry and Peers at that time. While Discounted Cash Flow (DCF) method is applied for arriving at Fundamental Valuation, most M&A transaction are based on Relative Valuation multiples (mostly Earnings based). The valuation ratio typically expresses the valuation as a function of a measure of Key Financial Metrics like PE, EV/EBITDA, EV/Sales or Book Value Multiple.
But before using a multiple, one should know the fundamentals determining the multiple and how changes impact it. Sanity check through use of fundamental valuation method like DCF is strongly recommended.
About Corporate Professionals Valuation Practice
Corporate Professionals Capital Pvt. Ltd. is a SEBI Registered (Cat-1) Merchant Banker and has a successful track record of providing a broad range of M&A and Transaction Advisory Services. Our Dedicated Team has more than 10 years of rich Valuation experience and we have executed more than 500 Corporate Valuations for clients of International Repute across different Context, Industries and Boundaries.
To know more about Our Valuation offerings and how we can help you, please visit us at www.corporatevaluations.in or download our Valuation profile @ http://www.corporatevaluations.in/VALUATION_PROFILE.pdf
Mr. Chander Sawhney, Partner & Head – Valuation & Deals, Corporate Professionals shared his thoughts as a guest Speaker on Valuation Principles & Techniques in Ind AS at a seminar organised by Gurgaon Branch of ICAI on 3rd September, 2016.
IndAS113 prescribes Fair Valuation definition, Techniques, Application and its Hierarchy. About 75% of the Balance Sheet Size is expected to change due to Fair Value Accounting (#IndAS109 #Financial Instruments, #IndAS102 #Share based payments, #IndAS16 Property Plant Equipments (PPE), #IndAS103 #Business combination etc. shall be impacted using #FairValue. Time to get ready, Plan Prepare and Align with the new requirements...
About Corporate Professionals Valuation Practice
Corporate Professionals Capital Pvt. Ltd. is a SEBI Registered (Cat-1) Merchant Banker and has a successful track record of providing a broad range of M&A and Transaction Advisory Services. Our Dedicated Team has more than 10 years of rich Valuation experience and we have executed more than 500 Corporate Valuations for clients of International Repute across different Context, Industries and Boundaries.
To know more about Our Valuation offerings and how we can help you, please visit us at www.corporatevaluations.in or download our Valuation profile @ http://www.corporatevaluations.in/VALUATION_PROFILE.pdf
The 2015 budget had long list of expectations. On one hand; the Government has addressed major issues surrounding the foreign investors which would certainly boost capital market inflows and revive the private equity industry (by deferring GAAR by 2 years and clarifying Permanent Establishment & Indirect Transfer of Assets). On other hand; it has just rationalized the subsidies. Probably as we see growth coming in and more job creation; subsidy burden can be better dealt with by the Government. Though there are no direct benefits for the middle class. However incentives have been introduced to encourage savings. These savings are expected to fuel the infrastructure and other investment plans laid out by the Government. Certainly Foreign investors have a reason to cheer for this Pro Business; Pro Growth Government budget.
Takeover Panorama, a Monthly Newsletter by Corporate Professionals on Takeove...Corporate Professionals
-The brief synopsis of recent Judicial Pronouncements given by the SEBI, AO, SAT, Informal Guidance and Consent orders passed in the month of December in the matter of SEBI Takeover Regulations.
-The brief synopsis of latest Open Offers given by the National as well as International Acquirers under the SEBI Takeover Regulations
-Unhide the hidden but important provision of the SEBI Takeover Regulations which generally get unnoticed on a plain reading of the regulations.
Acquisition of stake in YourNest Angel Fund by Religare Global Asset Management
Acquisition of stake in Bokaro Jaypee Cement by Dalmia Bharat
Telstra Health Acquires Business of IdeaObject
How to Implement a Real Estate CRM SoftwareSalesTown
To implement a CRM for real estate, set clear goals, choose a CRM with key real estate features, and customize it to your needs. Migrate your data, train your team, and use automation to save time. Monitor performance, ensure data security, and use the CRM to enhance marketing. Regularly check its effectiveness to improve your business.
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
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Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...my Pandit
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
2. Indo-Japan Trade & Investment Highlights
India to become the Third Largest Auto Market by 2016
Japan’s Imaging Solutions Provider keeps its Top-Line Aims Robust
Former Japanese Ambassador becomes Adviser to Sri City SEZ
Toyota Kirloskar to delay launch of Lexus
Instant Messaging Apps make it big in India
Honda Targeting a Greater Presence in India
Japanese PM Abe to schedule an India visit later this year
Panasonic turns to Other Businesses to Achieve Bigger Presence in India
Nissan Renews its Export Agreement for a period of Ten Years
Renault – Nissan increase investment in India by USD 2.5 Billion
Japanese Cosmetic Maker to enter India
Nissan launches its First Datsun Car after Three Decades
Japanese Restaurant Chain Inakaya to be brought to India
Consumer Electronics players in India complain against Sony
Japanese Agricultural Equipment Maker Plans to Set a Manufacturing Unit in
India
Japan’s Tsubamex enters into Joint Venture with Indian Auto Component Maker
Panasonic hopes to Make it Big in the Indian Smartphone Market
Japanese Agricultural Machinery Major launches a New Tractor
Japan’s Royals to make an India Trip in November
Titan Industries and Japan’s Seiko Expand their Strategic Partnership
Defiance Technologies of the Hinduja group working with Nissan on a Car
Japanese Gift exhibition proves Fruitful for Indian Exhibitors
ICICI Bank to raise funds through Yen Bonds
Knowledge Centre
Trade Mark Law: Madrid Protocol Becomes Effective In India
INDEX
3. India to become the Third Largest Auto Market by 2016
The Indian Auto Market is all set to overtake Germany, Brazil and Japan by 2016, falling behind
only China and the US. As per senior principal economist with the IHS, the auto industry world
over is shifting high on focus on growing nations owing to high fuel costs, urban driving
restrictions and effects of global recession in mature markets. It has been said that India’s Light
Vehicle Production will reach 7 million by 2020 with Indian citizens’ purchasing power acting in
favour of the auto makers.
Japan’s Imaging Solutions Provider keeps its Top-Line Aims Robust
Imaging solutions provider Ricoh India, a subsidiary of Japan’s Ricoh Company Limited is
keeping its aims high by targeting a turnover of INR 1000 Crore1
by the end of this fiscal
compared to an INR 633 Crore turnover at the end of FY 2013. The Company is also going to
concentrate on its IT services business which was started by it a couple of years back and has
now become a 25 percent contributor to the Company’s revenue. The Company has just
launched three new printers and plans to launch digital cameras later this year.
Former Japanese Ambassador becomes Adviser to Sri City SEZ
Yasukuni Enoki, the Japanese Ambassador to India from 2003-2007, has been taken in as an
adviser to the Sri City Special Economic Zone in Andhra Pradesh. The induction has been done
keeping in mind the increasing Japanese investment in India.
Toyota Kirloskar to delay launch of Lexus
Owing to the heavy import duty and sluggish market, Toyota Kirloskar Motor may further delay
the launch of its premium brand – Lexus in India. Though the Company was very keen on this
launch, it seems that the challenges in the Indian economy will cause the management to re-
evaluate the feasibility of the project. Apart from this, it is being said that the ongoing talks about
1
1 Crore = 10 million
Indo-Japan Trade & Investment Highlights
4. India’s free trade agreement with the European Union is a cause of concern for the Japanese
firms.
Instant Messaging Apps make it big in India
A number of global instant messaging applications have entered the promising market of India,
thanks to the constantly declining tariffs and increasing penetration of smartphones in India. In
past one year for example, China’s Tencent and Japan’s Naver have launched their IM
applications, WeChat and LINE respectively, with LINE achieving five million users in India in
just three weeks of its launch in India.
Honda Targeting a Greater Presence in India
Honda Cars India, the Indian arm of Japanese automaker Honda is aiming to achieve a greater
presence in India on the basis of volume and also plans to increase its offering in the diesel
segment. Honda Cars India is targeting an optimistic fifty percent share in the Indian market in
two years time, jumping high above its current ten percent presence. To achieve this, Honda is
planning to start manufacturing at its Rajasthan plant and assembling at its Greater Noida facility
apart from preparing for the launch of three new models.
Japanese PM Abe to schedule an India visit later this year
Japanese premier Shinzo Abe’s victory in the Upper House Elections has painted a picture of
him as one of the most powerful political leaders in Japan’s history. The Indo-Japan relationship
reached another notch when Indian Prime Minister visited Abe after his success. Abe has hinted
at visiting India if the negotiations regarding the nuclear agreement succeed.
Panasonic turns to Other Businesses to Achieve Bigger Presence in India
To beat the ever weakening rupee and to earn more profits, Panasonic India, a subsidiary of
Japanese electronics giant Panasonic, is contemplating deviating from the B2C segment and
focus on the B2B segment instead. This move is definitely quite a prominent one especially
because 85 percent of Panasonic’s global revenues have come from the B2B segment whereas in
India it was the B2C segment that contributed close to 95 percent to the profit it derived from
India.
Nissan Renews its Export Agreement for a period of Ten Years
The Indian arm of the Japanese car maker Nissan has renewed its agreement with Ennore Port
Limited to export vehicles for the next 10 years and the Company has committed to export a
minimum of 60,000 units a year, a target that doesn’t sound unachievable especially because
5. Nissan exports its vehicles from India to more than 100 countries in Africa, Middle East and
Europe. The step has been taken in lines with Nissan’s objective of establishing India as an
export hub.
Renault – Nissan increase investment in India by USD 2.5 Billion
Renault SA and Nissan Motor Co Ltd will jointly invest USD 2.5 Billion in India over next five
years to work towards increasing their market share by launching new cars. Renault – Nissan
have together already made investments worth USD 2.5 Billion earlier in India and utilized them
on a technology centre and development of cheap car platform. Despite a cooling demand in
India, car makers continue to remain big on investment in the economy as some experts expect
India to become the third largest car market by 2020.
Japanese Cosmetic Maker to enter India
Japan’s prime cosmetics maker, Shiseido Co is looking to turn to India to improve its penetration
in the emerging markets and to recover from the brunt it bore in China owing to political
tensions. The Company which will be setting up a wholly owned subsidiary in the country plans
to target the fastest growing middle income group. Shiseido has been in the Indian market since
2001 but only through a local distributor and has been focused on high end consumers only.
Nissan launches its First Datsun Car after Three Decades
Nissan has reached another milestone in the Indian auto market by launching its latest 5 – seater
Nissan Datsun GO. The brand Datsun has been used by Nissan after a break of 30 years. The car
which has a modern shape will be available in funky colours in early next year for a price of
around INR 4 Lakhs2
.
Japanese Restaurant Chain Inakaya to be brought to India
The JSM Corporation Private Limited, a leading Indian franchise running US food & beverage
chains like Hard Rock Cafe and California Pizza Kitchen, is soon going to launch a popular
Japanese restaurant chain: Inakaya. First opened in Tokyo in 1970, Inakaya serves traditional
Japanese grilled food. The Company, a closely held Company has 22 percent equity stake owned
by the prestigious PremjiInvest, the private equity arm of Azim Premji whereas the founders
hold 60 percent of the stake together.
2
1 Lakh = 100,000
6. Consumer Electronics players in India complain against Sony
The major consumer electronic players in India, LG, Samsung and Videocon under the aegis of
the Consumer Electronics and Appliances Manufacturers Association have made representations
to the ministries of commerce, finance, communications and IT contending that the Japanese
companies like Sony and Toshiba enjoy nil or concessional duties despite not fulfilling the value
addition norms specified under the Free Trade Agreements. This according to them is disrupting
a level playing field for consumer electronics companies. Sony on the other hand has dismissed
the situation as corporate rivalry and has strongly claimed itself to follow the best form of
corporate citizenship.
Japanese Agricultural Equipment Maker Plans to Set a Manufacturing Unit in India
The Indian arm of Kubota Corporation, Japan’s largest agricultural equipment manufacturer is
planning to set up a manufacturing facility in Pune, India to tap the rising demand of agricultural
machinery in the country. The company which has been growing at a rate of 30-35 percent over
the last three years, hopes to set up this plant in less than five years.
Japan’s Tsubamex enters into Joint Venture with Indian Auto Component Maker
Japan’s Tsubamex Co. Ltd. and India’s auto components and bicycles maker Tube Investments
of India Ltd. have signed a Joint Venture Agreement to make sheet metal dies for the Indian
automobile industry and the white goods sector. The venture will be formed with an initial
capital outlay of INR 7 Crores.
Panasonic hopes to Make it Big in the Indian Smartphone Market
Japanese electronics giant Panasonic hopes to receive the majority of its revenue of its upcoming
smart phone business that kick-started only a month ago from the Indian market. India’s
smartphone market, barely two and a half to three years old, is one of the largest in the World.
The Company is aiming to more than double its top-line by 2015-16. Panasonic will also focus
on batteries and UPS business in India.
Japanese Agricultural Machinery Major launches a New Tractor
The Japanese agricultural machinery major Kubota has announced the launch of narrowest
tractor in India’s largest cotton producing state, Gujarat and a simultaneous launch in the states
of Maharashtra and Madhya Pradesh. The new tractor is touted to help farmers deal with labour
shortage, weeding and inter-cultivation of a wide variety of crops.
7. Japan’s Royals to make an India Trip in November
Japan’s Emperor Akihito and Empress Michiko will be visiting India for the first time from
November 30th
to December 05th
this year. It is hoped that through this visit, the countries will be
able to further strengthen their relations of goodwill and friendship between each other. The
Emperor and the Empress will be spending the majority of their time in Delhi and will later visit
Chennai.
Titan Industries and Japan’s Seiko Expand their Strategic Partnership
Titan Industries, an Indian lifestyle giant leading the market for watches and jewellery among
other products, is soon going to expand its strategic partnership with Japanese conglomerate
Seiko Epson Corporation. The partnership was born last year when the two entities had signed a
strategic pact for the purpose of manufacturing high-end stainless steel cases for watches.
Through the pact, Titan can make use of Seiko’s knowhow through a technical services
agreement while it is setting up the Coimbatore manufacturing plant. With this partnership
expanding, Titan will now supply stainless steel cases to Seiko to meet their global demand.
Defiance Technologies of the Hinduja group working with Nissan on a Car
Defiance Technologies, a company of India’s Hinduja Group is currently working with Nissan to
help develop a small car although the Company, a truck and bus maker, plans to keep distance
from the car business. The group which focuses mainly on commercial vehicles is open to
acquisition of entities in the commercial vehicle segment as it moves on its path to become one
of the top five bus companies and one of the top ten truck makers in the world. The final product
of this Joint Venture between Hinduja and Nissan may be exported in a shared manner.
Japanese Gift exhibition proves Fruitful for Indian Exhibitors
A three day exhibition GIFTEX WORLD 2013 held in Tokyo had Indian handicrafts companies
participating for the first time and in huge numbers. The Indian participants had a very positive
experience as they brought back business of worth over USD three million. The exhibition which
saw participation of around 1800 exhibitors attracted nearly 70,000 trade buyers. Handicrafts
sector holds a very important place in the Indian economy for various reasons like foreign
earnings, employment of economically and socially backward classes and promotion of Indian
culture.
ICICI Bank to raise funds through Yen Bonds
ICICI Bank of India is looking to exploit the opportunities of raising institutional investment
from Japan by issuance of bonds to the tune of Yen 50 billion. The issue of Yen bonds will be
8. first of its kind by an Indian entity. The bonds carrying coupon rate of 3.5% - 4% and having
maturity of 2 years will be issued in tranches as the first trache of Yen 10 billion will help the
Indian bank determine investor confidence and appetite. ICICI has appointed Barclays Securities
Japan and Mizuho Financial Group Inc. to manage the issue in Japan.
Trade Mark Law: Madrid Protocol Becomes Effective In India
Marking a significant progress of the Indian subcontinent in the area of trademark law, India
acceded to the Madrid Protocol on 8th
April 2013, making the same effective in India beginning
8th
July 2013, as per the Information Notice No. 15/2013 dated 29th May, 2013 issued by WIPO
and Public Notice issued by the Controller General of Patents, Designs and Trade Marks
(CGPDTM) on 8th
July 2013.
A notification dated 5th
July 2013, issued by the Ministry of Commerce and Industry, DIPP, also
notified that the Trade Marks (Amendment) Rules, 2013 which incorporate provisions relating to
international registration of trademarks as under the Madrid Protocol, and brings in some
amendments to the existing Act, have also come into force from the 8th
of July 2013.
The accession to the Madrid Protocol comes as a major advantage to the domestic applicants of
India, as it gives the applicant an ability to file international application on the basis of a pending
application in a Contracting Party to the Protocol or for a registered mark in the jurisdiction of
the Contracting Party.
What is the Madrid Protocol?
The Madrid Protocol is a treaty that provides for the international registration of trademarks, by
filing of a single application in one language, for ensuring registration in several countries. The
Madrid Protocol, along with the international treaty called the Madrid Agreement, governs the
Madrid system (as it is known), for the international registration of trademarks. The system is
administered by the International Bureau of the World Intellectual Property Organization
(WIPO), which maintains the International Register of marks. The Protocol is an offshoot of the
Madrid Agreement, and came into existence in the year 1989, and came into force on 1st
April
1996.
Knowledge Center
9. India amends Trade Marks Law (Effective 8th
July 2013)
The notice issued by the CGPDTM also makes effective, the amendments to the existing Trade
Marks Rules. The registration of a trademark under the Madrid Protocol would require adherence
to a number of procedural formalities laid down in Chapter IVA of the Trademark Amendment
Act, 2010 and the corresponding Trademark Rules, 2013 (The Trade Marks (Amendment) Rules,
2013 introduces Chapter III A to the existing Trade Marks Rules, 2002 relating to ‘Special
Provisions relating to Protection of Trademarks through the International Registration under
Madrid Protocol’.) By virtue of these amendments, India has brought about the necessary
amendments and changes in its existing trademark law to be in harmony with the Madrid
Protocol.
Madrid Protocol comes into force in India from 8th
July 2013
On 8th
April 2013, India became the 90th
member of the Madrid Protocol (and not the Madrid
Agreement). By virtue of this, India has now become a party to the Protocol, and as agreed, the
Protocol is effective in India with effect from 8th
July 2013.
This comes as a cost effective step for any natural persons and legal entities established in,
domiciled in, or a national of India, having a registered trademark or a pending application for
registration of trademark in India, as this system will allow an applicant to make online
application for the international registration of the trademark in the member parties to the
Protocol.
Thus, an Indian applicant can make an application for registration in as many as 89 member
countries to the Protocol, apart from India through a single application. Simultaneously, this also
implies that trademark owners can get their trademarks protected in the Indian jurisdiction, as
well as in the jurisdiction of the 88 other member countries plus the European Union, through a
single application.
A list of the Contracting Parties to the Protocol can be found at
http://www.wipo.int/treaties/en/ShowResults.jsp?lang=en&treaty_id=8.
The Protocol Advantageous..
The system is advantageous to an applicant as it cuts short the requirement of filing many
national applications in several or all countries of interest, in several different languages, and
understanding the several procedural laws of the countries the mark is intended to be registered
in. To some extent, it also saves the separate filing fees to be paid for registration in each
jurisdiction.
10. Thus, under the system now, an international registration may be obtained by simply filing a
single application with the International Bureau of the WIPO, in a single language (English in
case of India), and on payment of single set of fees, though the application has to be made
through the Office of Origin.
These advantages also exist for renewals, and for recording of transactions such as assignments,
etc, where such recordings can be made at one place itself.
What must be understood though, is that registering through the Madrid Protocol does not create
an international right per se, it only creates a bunch of national rights, administered centrally.
Registering trademarks across 90 countries, by filing of a single application will be a very
attractive solution for corporate and individuals alike. Though what remains to be seen is the
challenge that this will be for its implementation in India, given the requirement of processing of
the application by the Registrar of Trademarks within time limits, and the known backlogs in the
processing of these applications in India. Nonetheless, the Protocol becoming effective does
increase the international protection and opens up avenues for growth and recognition in newer
business markets.
DISCLAIMER:
The document has been prepared and produced only for the information purpose only and is not to be construed as
an advertisement, solicitation, invitation, personal communication or inducement of any kind by the Firm, the
author or any of its Partner or associates. The entire content of this document has been developed on the basis of
relevant statutory provisions and as per the information available at the time of the preparation. Though the author
has made utmost efforts to provide authentic information, however, the material contained in this document does not
constitute/substitute professional advice that may be required before acting on any matter. The author and the firm
expressly disclaim all and any liability to any person who has read this document, or otherwise, in respect of
anything, and of consequences of anything done, or omitted to be done by any such person in reliance upon the
contents of this document.
11. CONTACT US
PANKAJ SINGLA
Japan Desk, Corporate Professionals
NEW DELHI (Head Office)
D-28, South Extension Part - I, New
Delhi – 110049
Tel: +91-11-40622200
Dir: +91-11-40622293
Fax: +91-11-40622201
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Email: pankaj@indiacp.com
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