International and Emerging Markets Blog
Thursday, May 24, 2012 | Posted by: Nick Farr
Categories:
China
| Tags: China,
growth,
UK,
confidence,
exports,
optimism,
Shanghai,
China diary,
UK business

Two of our team leads have been blogging their visit to China and reviewing the growth opportunities in the region. Here, Nick Farr, Head of China Britain Services Group, highlights how confidence in the region could benefit UK business.
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Thursday, May 17, 2012 | Posted by: Fiona Cullinan
Categories:
Thought leadership
| Tags: report,
research,
survey,
IBR,
International business report,
renewable energy,
green,
automotive,
alternative fuel,
company car,
fleets,
research, survey, report, automotive, alternative fuel, IBR, business, International Business Report, green, company car, fleets, renewable energy

The high price of oil is leading one in four business leaders to introduce, or consider introducing, alternative-fuel vehicles. Find out more about global business attitudes to ‘greening’ their fleets in Grant Thornton’s latest International Business Report (IBR).
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Tuesday, May 15, 2012 | Posted by: Barry Knight
Categories:
China
| Tags: China,
growth,
UK,
retail,
wealth,
luxury,
opportunities,
Hong Kong,
brands,
commercial property,
China diary,
retailers,
retail space,
: Hong Kong, China, China diary, UK, commercial property, growth, opportunities, wealth, retail space, retailers, luxury brands, retail

Ever wondered what it would be like having a business in Hong Kong? In my first post – our second from China – I highlight the differences between Hong Kong, China and the UK retail markets for the benefit of our UK clients looking at ways to take advantage of the growth opportunities in China…
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Thursday, May 10, 2012 | Posted by: Nick Farr
Categories:
China
| Tags: business,
China,
growth,
M&A,
UK,
retail,
acquisitions,
Hong Kong,
2012,
UK trade with China,
brands,
China diary,
Gieves & Hawkes,
consumer goods,
Aquascutum

Welcome to our first diary post from China. Head of retail Barry Knight and I are currently travelling in China, visiting clients and evaluating the opportunities for UK businesses, especially in the retail consumer goods sector. We’re both planning to write a number of posts that capture our views and experiences during the trip. If any readers have been to China or Hong Kong, please do share your experiences, too.
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Wednesday, May 09, 2012 | Posted by: Fiona Cullinan
Categories:
Thought leadership
| Tags: business,
M&A,
survey,
IBR,
mergers,
acquisitions,
International business report,
cross-border,
mergers and acquisitions,
Cross border M&A,
optimism

Dynamic businesses seeking growth have retained their appetite for mergers and acquisitions (M&A) in 2012 despite the ongoing economic challenges, according to our latest global survey of 12,000 business leaders in 40 economies.
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Wednesday, May 02, 2012 | Posted by: Fiona Cullinan
Categories:
Thought leadership
| Tags: business,
report,
research,
survey,
IBR,
sustainability,
International Business Report,
optimism,
2012,
green,
cleantech,
Nathan Goode

The main drivers in demand for cleantech products are increasingly commercial, according to Grant Thornton’s latest International Business Report (IBR) on the global cleantech industry. Get more information and a copy of the 20-page sector report below…
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Monday, April 16, 2012 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 16
| Tags: sectors,
IPO,
Private Equity,
Domestic Deals 2012,
India Mergers and Acquisitions 2012,
Deals 2012,
M&A 2012,
deals 2012,
first quarter 2012,
Internal restructuring,
Mergers,
QIP
The quarter witnessed M&A deal activity of US$18 billion, in line with activity levels seen during the corresponding period in 2010 and 2011. However, the focus in Q1 2012 was domestic deals, particularly internal restructuring and mergers comprising approximately US$13 billion of the total M&A deal value. The focus on mergers and internal restructuring activities, a trend which gained prominence in 2011, appears to have intensified in 2012 driven by Vedanta Group restructuring, estimated to be worth over US$12 billion.
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Monday, April 16, 2012 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 16
| Tags: India,
India Watch,
inflation,
foreign direct investment,
sector trends,
london markets 2012,
Smaller caps index,
Deals 2012,
london stock exchange,
indian SMEs,
agriculture and energy sectors,
Eurozone
It appears market watchers were right to be optimistic. Having fallen 11.27% during 2011, the Grant Thornton India Watch Smaller Caps Index outperformed all major indices between January and March 2012, closing at 24% up.
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Monday, April 16, 2012 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 16
| Tags: India,
fund managers,
Investor relations,
Research analysis,
Foreign institutional investors,
Financial markets,
public capital,
market capitalisation,
Communication materials,
Capital,
markets,
Global investor
Despite the strong recent flows of Foreign Institutional Investors (FII) capital into the Indian equity markets, Indian corporates more than ever need to proactively attract and maintain the attention of increasingly selective global fund managers. This applies equally to Indian companies listed in London. Leaving investors to identify the future outperformers in each industry sector, without management having the opportunity to best present their specific investment case, has direct value implications. These potentially include having to issue equity at relatively unattractive valuations for ongoing deleveraging, financing future growth plans and meeting upcoming minimum free float requirements. Ultimately a successful investor relations (IR) programme should achieve an appropriate trading valuation based on a continuous and open communication with the financial markets. Shareholders recognise the appointment of an international IR adviser as part of management’s ongoing commitment to bridge any market valuation discount.
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Monday, April 16, 2012 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 16
| Tags: India,
Budget 2012,
Cross-border deals,
Direct Tax code,
Direct tax,
Transfer pricing,
Indian assets,
Tax,
Anti-avoidance rules,
Arm's length price,
Advance Pricing Agreements,
Foreign investment,
Financing,
Taxation
The ruling Indian government presented the budget proposals for the financial year (FY) 2012-2013 before the lower house of the Indian Parliament on March 16th. The Direct Tax Code (DTC) was planned to substitute the existing Indian Income Tax Act, however, this has been deferred, with the Finance Minister re-affirming enactment of DTC at the earliest opportunity.
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