GIRT supports study on negotiation strategies and tactics in the Indo-German Context

Dear friends of India,
Dear friends of Germany,

IIM Bangalore together with University of St. Gallen is conducting a study with an online-questionnaire regarding „Negotiation Strategies & Tactics in the Indian-German Context“. The study addresses an important business matter and is undertaken with support of GIRT. It is unique in that it attempts to bring face to face the „German“ view and the „Indian“ view of a number of important points during a typical business negotiation. Hence, the results can be very helpful – both retrospectively and forward looking. I request your support of this study, which will also promote GIRT’s visibility in the field.

The same team of scientists has already published an interesting study (http://www.sicc.ch/documents/120109-SMEPlatformStudyExecutiveSummary.pdf ) on „Market Entry Challenges for Swiss Companies“ with interesting results.

Prof. Roger Moser, who supervises the study, has told me that he believes it will take half an hour of your time to run through the online-questionnaire. The attached e-mail gives you two links to select from: one, if you want to contribute from a „German“ point of view, the other one, if you want to participate from an „Indian“ point of view.

Prof. Moser has also offered to present the results at one of your GIRT meetings.

Best regards,

Dr. Andreas Waldraff
Chairman, German-Indian Round Table
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Study: Negotiation Strategies & Tactics in the German-Indian Context / Verhandlungsstrategien und -taktiken im Deutsch-Indischen Kontext
Dear Sir or Madam
Negotiations have always been a critical part when doing business. In a globalized world, however, business negotiations enter a new dimension. This makes negotiations even more complex. Our study examines which negotiation strategies and tactics in the Indian-German context work best, integrating experiences and perceptions from Indian and German/Swiss managers.
We therefore would like to invite you to participate in this study reflecting upon your expertise and experiences in the Indian-German business context.
The questionnaire takes around 25-35 minutes. It covers the brief evaluation of four basic negotiation strategies and in more detail the appropriateness of five out of ten randomly assigned negotiation tactics in the Indian-German context in order to minimize your time investment.
All participants receive an exclusive summary of the study results not only for five but all ten evaluated negotiation tactics!
This is a joint research project of the University of St. Gallen, EBS Business School and IIM Bangalore kindly supported by the German-Indian Round Table.
For any questions, please feel free to contact Mr. Carl Cohrssen (carl.cohrssen@ebs.de).
The online survey is accessible until April 27th, 2012 through one of the following two links:
https://qtrial.qualtrics.com/SE/?SID=SV_575oDIanvfwoel6   (Link zur Studie in Deutsch mit Deutscher/Schweizer Perspektive)
http://survey.qualtrics.com/SE/?SID=SV_6WjTcscTdDeIo0Q   (Link to Study in English evaluating the Indian Perspective)
Each participant only needs to fill in one of the two questionnaires based on her/his origin.
We thank you very much for your support.
Kind regards

Dr. Roger Moser
India Competence Center, University of St. Gallen, Switzerland
Strategy & SCM, Indian Institute of Management Bangalore, India
Roger.Moser@unisg.ch
Roger.Moser@iimb.ernet.in

Global investors warn India against implementing retrospective tax laws

Plans by India’s Finance Minister Pranab Mukherjee to amend taxation laws with retrospective effect, going as far back as 1962, have rattled global investors. Specially Item 113 of the Finance Bill, apparently targeted at Vodafone is troublesome. This amendment appears to circumvent judicial fair play and to undermine constitutional procedures in that it seeks to grant tax authorities with almost arbitrary powers that, if approved by the Parliament, would be enforceable „notwithstanding anything contained in any judgment, decree or order of any Court or Tribunal or any authority […]„. Even within India commentators have criticized the proposed amedment as „draconian“.

This is, however, not the only proposal causing headache to firms, global and domestic. There are reports that „tax commissioners would have powers to arrest industrialists or company officials under new provisions of the General Anti-Avoidance Rule (GAAR)„. Mr. Mukherjee has sought to reassure the industry by saying that „Tax department won’t act like policeman„. This is however, at best, a weak consolation since the very option remains in force. Mr Mukherjee reportedly also assured that „a plethora of cases would not be reopened for scrutiny„, which is an even more problematic statement since it means that the provisions of law would be probably applied selectively. According to one report, the proposed Finance Bill contains over 20 amendments with retrospective effect.

Now, „Industry groups representing 250,000 companies across North America, Asia and the U.K. have warned India’s prime minister that a proposed retroactive tax plan is causing foreign businesses to reconsider investing in India“, as Business Week (April 2, 2012) reports.A ccording to one report in the Daily News & Analysis the letter to Mr. Manmohan Singh states, „The sudden and unprecedented move in the Bill has undermined confidence in the policies of the government of India toward foreign investment and taxation, and has called into question the very rule of law, due process and fair treatment in India.“

Links to Reports on this Topic

 

India Festival Hamburg: May 2012

Source: http://www.india-festival-hamburg.de/

INDIA – FESTIVAL – A COLORFUL PROGRAMME FOR ALL SENSES

INDIA COMES CLOSE (TO YOU) IN HAMBURG:

Friday, May 11, 2012 – Sunday, May 13, 2012
10:00 – 23:00 hrs (FR/SA) // 10:00 – 18:00 hrs (SU)
The exotic and fascinating India is the partner country for 2012 at the 823. HAMBURG PORT ANNIVERSARY. Located at the beach promenade, right next to the Fish Auction Hall, St. Pauli Fish market, India will present a colorful programme:

ON STAGE
Daily dance and shows from the colorful Subcontinent.

DEPARTMNENT OF AYURVEDA, YOGA & NATUROPATHY, UNNANI, SIDDHA, HOMOEOPATHY (AYUSH)
Presentation of the 6 traditional Indian curative treatments and a practical insight

EXPORT PROMOTION COUNCIL FOR HANDICRAFT (EPCH)
Indian Handicrafts and artisans.

MINISTRY OF TOURISM, GOVERNMENT OF INDIA
All information about travel to and in India – experience the diversity of the continent

The DEUTSCHE ELEKTRONEN SYNCHROTRON (DESY) and FAIR, Particle Physics Institutes
The German Electronic Synchrotron in Hamburg and Indian experts will provide information easy to be understood

MINISTRY OF SHIPPING AND THE INDIAN MARITIME UNIVERSITY (IMU)
The Indian Ministry of Shipping, Ports and Indian Maritime University will be present.

INDIAN CUISINE
3 Indian restaurants invite to taste and enjoy the Indian Cuisine: Shalimar und Shikara (Hamburg), Taj Mahal (Ahrensburg).

Changes possible – more information when available.

For any updated information please directly consult: http://www.india-festival-hamburg.de/

„Telecom links in all Indian villages by 2014: BSNL“

The Times of India (25.03.2012) reports:

State-owned Bharat Sanchar Nigam Limited (BSNL) has undertaken an ambitious Rs 20,000 crore project to establish telecom links in all villages across India and to take e-governance to rural and far-flung areas in the next two years, a BSNL official said here Sunday.

Continue reading the full article...

„Indian e-commerce market may touch $260 billion by 2025“

According to a report appearing in the Economic Times India’s domestic „e-commerce market has the potential to grow between $125 billion and $260 billion by 2024-25“. The report cites as source a study titled „E-commerce: A boon for the current economic downturn“ and carried out by First Data Corporation and ICICI Merchant Services.

Source: The Economic Times, 25.03.2012.