Schlagwort-Archive: Germany

BusinessWeek: „Tata Consultancy Seeks Purchases in Germany, France, Japan, U.S.“

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Sept. 26 (Bloomberg) — Tata Consultancy Services Ltd. is weighing acquisitions in France, Germany, Japan and the U.S. as Asia’s biggest computer services provider by market value sees further rising demand despite global economic woes. […]

Chandrasekaran declined to comment on a Sept. 7 report by Financial Times Deutschland that Tata Consultancy may learn the outcome of a bid for a majority share in the information technology arm of Deutsche Lufthansa AG after a Sept. 29 board meeting of the German airline. […]

Source: BusinessWeek, 26.09.2011.

>> ‚Year of Germany in India‘ commences in New Delhi <<

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Source: India Today, 23.09.2011

The year of Germany in India commenced on Friday amid much fanfare and rhythmic resonance as India’s star percussionist Sivamani and Germany’s solo percussionist Christoph Haberer came together for an open-air concert titled, ‚Infinite Rhythms‘, at Nehru Park in New Delhi.

The fifteen-month programme series titled „Germany and India 2011-2012: Infinite Opportunities“ was jointly inaugurated by Minister of State of the German Federal Foreign Office Cornelia Pieper, German Ambassador to India Thomas Matussek, Chairman of the Asia-Pacific Committee of German Business (APA) Peter Loscher and Lt. Governor of Delhi Tejendra Khanna. The event was organised in close cooperation with SPICMACAY and NDMC.

This year, Germany and India celebrate 60 years of diplomatic relations. The two nations enjoy a strategic partnership since the year 2000. Over the next 15 months, „Germany and India 2011-2012: Infinite Opportunities“ will showcase the entire spectrum of the Indo-German strategic partnership in the spheres of politics, business, culture, education, science and research.

Continue reading at the India Today Website….

Some more reports:

 

Celebrating Mahatma Gandhi’s Birth Anniversary and the International Day of Non-violence in Hamburg

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The Consulate General of India, The Hamburg Chamber of Commerce and the Mahatma Gandhi Memorial Committee, Hamburg, are jointly organizing the Celebration of the International Day of Non-violence and the 142nd Birth Anniversary of Mahatma Gandhi on Sunday, the 2nd October 2011 in the premises of the Hamburg Chamber of Commerce.

For all further enquiries please contact: mkmahatmagandhi@gmail.com

REpower und Suzlon bauen Kooperation aus: REpower wird „indisch“

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Laut einem Bericht in der heutigen Ausgabe der Financial Times Deutschland (FTD, 22.09.2011) hat der Hamburger Windturbinenhersteller REpower „den Kampf um den riesigen chinesischen Markt verloren“. Der Berichtet zitiert Konzernchef Andreas Nauen mit den Worten: „Der chinesische Markt ist geprägt von einem ruinösen Preiskampf, und unsere Verkaufsmerkmale wie Qualität und Service zählen nicht“. REpower soll nach FTD-Informationen „den Verkauf in Schwellenländern weitgehend seiner Mutter Suzlon überlassen“, z.B. weil „die Inder bei dem Preiskampf besser mithalten [können] als der Premiumanbieter Repower“, so der Bericht.

REpower wird zu 100%er Tochter von Suzlon

Die FTD berichtet weiter, Suzlon habe sich auf der Hauptversammlung die Komplettübernahme Repowers genehmigen lassen. Zurzeit hält Suzlon etwas „mehr als 95 Prozent der Anteile, die verbliebenen Kleinaktionäre drängt er nun in einem sogenannten Squeeze-out aus dem Konzern. […] Um Produktionskosten zu senken, soll REpower künftig [.] Suzlon-Standorte in Indien nutzen,“ so der Bericht.

Mauritius top destination for Indians investing abroad; Germany loses attraction

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By: Rajnish Tiwari

According to a recent report appearing the Hindu Busines Line (6th Sept. 2011) Mauritius has emerged as the top desitination for Indian foregin direct investments. The official data suggest that Indian FDI outflows to Germany have gone down by as much two-thirds…

„Mauritius has again emerged as the hot destination for Indian corporates investing abroad. The US and Singapore seem to be loosing their attraction.

„The Finance Minister Mr Pranab Mukherjee, in a written reply in the Rajya Sabha on Tuesday, said that Mauritius, the US and Singapore have regained the top three places in attracting Indian capital but with one difference. Mauritius has registered very healthy growth, but investment in the US and Singapore has come down in comparison to the previous year. United Arab Emirates (UAE) has also registered positive growth, but investment in the Netherlands has come down to half while to Germany it is down to nearly one third.“ […]

(Read the complete report on the Hindu Business Line)

It must, however, be noted that a significant portion of outward FDI projects of Indian firms takes place by roping in subsidiaries already located aborad so that those investments are not necessarily captured by official data. Moreover, it is not improbable that a significant portion of the FDI to Mauritius is actually routed further to other countires in order to take advantage of favourable taxtaion treaties. Nevertheless, we cannot deny that Indian investments to Germany have, in recent past, neither kept pace with the overall development of Indian outward FDI nor with the growth level of the Indo-German bilateral trade relations. Nonetheless, the investment activity has remained encouraging, the offical figures not withstanding.

On the issue of recent developments and challenges in Indian outward FDI to Germany also see:

Tiwari, R. (2011): Investment Destination Germany: Chances & Challenges for Indian Firms, in: Business Guide Germany India 2011/2012, pp. 96-97, Berlin: Wegweiser.