International and Emerging Markets Blog
Thursday, October 27, 2011 | Posted by: Fiona Cullinan
Categories:
China
| Tags: business,
China,
succession,
succession planning,
inheritance,
family,
China, family, dynasty, succession, succession planning, business, inheritance, family constitution,
business risks,
family constitution,
dynasty
Passing wealth and a business through generations of a family is the most delicate of operations that can tax the most successful entrepreneur. Gaythorne Silvester reports on two Chinese families facing succession and inheritance issues, while Eric Williams, Head of Private Client at Grant Thornton, looks at the potential solution of a family constitution.
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Tuesday, October 25, 2011 | Posted by: Fiona Cullinan
Categories:
India
| Tags: India,
business,
India Watch,
data,
LSE,
subscribe,
index,
India Economy,
India GDP
Grant Thornton’s quarterly India Watch, in association with the London Stock Exchange (LSE), is a valuable information source for anyone involved in UK/India business. If you’d like to receive information on Indian companies listed on the London markets, M&A and financial reporting news, and expert analysis on the Indian economy, here’s how to get our next bulletin delivered to your inbox …
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Wednesday, October 19, 2011 | Posted by: Fiona Cullinan
Categories:
Thought leadership
| Tags: statistics,
economy,
IBR,
International business report,
Europe,
debt,
index,
crisis,
US,
optimism
New figures from Grant Thornton’s International Business Report (IBR) show a pandemic collapse in business optimism during the third quarter of 2011 with net global business optimism dropping from 31% to just 3%.
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Thursday, October 13, 2011 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 14
| Tags: India,
M&A,
deals,
energy,
market,
Deal Tracker,
Grant Thornton LLP,
assets,
tourism,
telecom
Merger and acquisition (M&A) deal activity in the first nine months of 2011 totaled US$ 32.6 billion from 465 deals compared to US$ 42.4 billion from 511 deals during the corresponding period in 2010. While the first half of 2011 kept pace with the corresponding period of 2010 in terms of deal value, the M&A space witnessed a marginal setback in the third quarter of 2011 owing to European debt woes, S&P’s downgrade of US sovereign debt, rickety markets and tightening monetary policy in India.
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Thursday, October 13, 2011 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 14
| Tags: India,
economy,
growth,
India Watch,
inflation,
FTSE,
economic growth,
IMF,
Dow Jones,
growth rate,
Indian Rupee
As we enter the final quarter of 2011, the world’s economies remain on a knife edge. Economic concerns coming out of the US and the eurozone continue to cause uncertainty across global markets. These effects can be clearly seen across the world’s market indices. For example, in the year to date, the Dow Jones has seen a fall of nearly 6%, the FTSE 100 a 12% fall and India’s Sensex Index is down a remarkable 23% (with the last quarter seeing the worst fall for almost 3 years).
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Thursday, October 13, 2011 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 14
| Tags: India,
IFRS,
financial reporting,
GAAP,
XBRL,
MCA,
balance sheet,
Schedule VI,
profit and loss accounts,
New Schedule
The year 2011-12 was meant to be a turning point in India’s financial reporting and regulatory landscape. Lawmakers and standard setters in India had committed to update the old and somewhat archaic requirements to converge with International Financial Reporting Standards (IFRS), and to introduce new corporate and tax regulations by 2011. In 2008, the European Commission recognised that these changes were underway, and provided transitional relief for Indian companies reporting within the EU to use Indian GAAP financial statements on a temporary basis until 31 December 2011.
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Thursday, October 13, 2011 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 14
| Tags: India,
investment,
growth,
emerging markets,
GDP,
India Economy,
healthcare,
IT services,
Capital goods,
FMCG,
equities,
Listed Indian Companies,
developed countries
Indian markets have had a challenging 2011, first on domestic issues, and more recently on ‘global cues’. But how much will global events hurt Indian GDP and corporates? Not as much as expected.
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Thursday, October 13, 2011 | Posted by: Grant Thornton
Categories:
India,
India Watch Issue 14
| Tags: India,
Grant Thornton,
India Watch,
investors,
Capital Markets,
FTSE,
London listing,
Real Estate,
equity,
oil companies,
gas companies
The India Watch small-cap index* outperformed all major London indices in the third quarter of 2011, falling by only 8.12% compared to the FTSE 100 (-13.74%) and FTSE AIM 100 (-20.6%).
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Monday, October 03, 2011 | Posted by: Grant Thornton
Categories:
India,
Interviews
| Tags: business,
tax,
Grant Thornton,
entrepreneurs,
HNWIs,
UK,
tax planning,
South Asia Group,
insight,
interview,
staff,
Meet our experts,
profile,
Q&A,
Harish Dass,
High net worth individuals,
Entrepreneurial Services Tax Team,
entrepreneurial services
“Our relationship with a client is one of ‘the trusted adviser’,” says Tax Manager Harish Dass. Which means busy entrepreneurs can get on with their business without having to consult a whole team of advisers. Here Harish talks about his work with UK entrepreneurs, many of which are of South Asian origin, and why tax should be top of everyone’s’ agenda right now.
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