International and Emerging Markets Blog

Olympics and the business of sport

Thursday, July 26, 2012 | Posted by: Fiona Cullinan
Categories: Thought leadership | Tags: business, investment, survey, IBR, International business report, benefits, London 2012, cost, sport, sports, Nigel Davies, Olympic, events, Olympics

Chart showing how important different countries find hosting a major sport event in terms of attracting investment to their economy

With the London 2012 Olympic Games opening ceremony tomorrow, we ask why do countries host such costly sporting events? What exactly is the business and investment advantage? And is there a difference between emerging and developed economies when it comes to value? Grant Thornton’s latest International Business Survey (IBR) surveyed 3,000 business leaders on the business aspects of sport to find out…

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Ishan Saksena’s five tips for UK-India entrepreneurs

Tuesday, July 24, 2012 | Posted by: Fiona Cullinan
Categories: India | Tags: India, business, investment, entrepreneurs, investors, UKIBC, UK India Business Council, Ishan Saksena, QPR, Next Generation Network

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Entrepreneur exchange, a new generation of rising talent and how to get an investor to part with capital… Ishan Saksena, businessman and former chairman and CEO of London football club, Queens Park Rangers (QPR), shared his views on the UK-India entrepreneurial ecosystem at a recent Grant Thornton-sponsored event in London.

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Galleon increases its digital footprint in China – how?

Tuesday, July 17, 2012 | Posted by: Fiona Cullinan
Categories: China , Thought leadership | Tags: China, growth, international, media, digital, expansion, audit, mobile, online, case study, content, entertainment, Galleon, Galleon, China, growth, international, expansion, case study, digital content, mobile, online, audit

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We continue our series on how technology firms are unlocking the potential of high-growth BRIC markets with the case study of Galleon Holdings, an entertainment media company with Chinese ambitions…

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Changing trends - Domestic deal momentum continues to score over cross border activity

Wednesday, July 11, 2012 | Posted by: Grant Thornton
Categories: India, India Watch Issue 17 | Tags: mergers, sectors, M&A 2012, Domestic Deals 2012, Internal restructuring, private equity 2012, deals 2012, india mergers and acquisitions 2012, Private equity

Q2 2012 saw domestic deal activity reinforcing local belief in the India growth story by clocking a total of 89 deals, amounting to USD 1.3 billion, as against 86 deals at USD 1 billion for the corresponding quarter in 2011. Cross border deal activity, however, mirrored ongoing global woes and economic uncertainty, to notch up only USD 5.1 billion worth of deals for the quarter as against USD 11 billion worth of deals for Q2 2011. Private Equity for the quarter also saw a fall, clocking up USD 1.8 billion in deal value, as against USD 2.9 billion for the corresponding 2011 quarter.

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GAAR: A dynamic move in the right direction?

Wednesday, July 11, 2012 | Posted by: Grant Thornton
Categories: India, India Watch Issue 17 | Tags: transactions, GAAR, FDI, foreign investment, M&A activity, Tax, General Anti Avoidance Regulations, Coal, domestic business, Tax avoidance, treaty provisions, tax authorities

The General Anti Avoidance Regulations (GAAR) have made a debut in India. These provisions, effective from April 2013, may impact cross-border deals, foreign investments into India and domestic business transactions.  So is this a move in the right direction?

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Indian power – the next five years

Wednesday, July 11, 2012 | Posted by: Grant Thornton
Categories: India, India Watch Issue 17 | Tags: india, Growth, India's GDP, Power Shortages, power stations, Coal, Coal deficit, India's Legislation, electricity prices, Coal supplies, coal prices, coal access, Power, Renewable energy

Despite threats to India’s GDP growth, power demand in India remains resilient. Against this, a significant barrier to entry has arisen: access to coal. This will slow supply of new capacity, maintain a power deficit and put upward pressure on prices, despite the threat of lower growth. Companies that have secured access to coal, or those that are not dependant on it, are now in a strong position to benefit from better pricing and continued growth opportunities for new projects.

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An update on the Indian economy

Wednesday, July 11, 2012 | Posted by: Grant Thornton
Categories: India, India Watch Issue 17 | Tags: India, growth, inflation, interest rates, valuations, India economy 2012, Manmohan Singh, high inflation, depreciation of the rupee, India's finance minister, indian rupee

In this economic update we take a look back over the last six months and review what progress and developments have taken place in India’s economy.  In the first three months of 2012 India’s economy grew at its slowest rate since 2003 with GDP growth of only 5.3% in comparison to the same period in 2011 – well below analyst expectations and a decline of around 80 basis points from the previous quarter (October 2011 to December 2011).  The wider view of India’s economic position also shows a substantial decline in economic growth. For the financial year to March 2012, India’s real GDP fell to around 6.5%, down from 8.4% in the previous financial year.

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Grant Thornton India Watch Index remains resilient over the year despite India’s slower growth

Wednesday, July 11, 2012 | Posted by: Grant Thornton
Categories: India, India Watch Issue 17 | Tags: India, investment, real estate, FTSE AIM 100, India Watch Smaller, Caps Index 2012, Indian's mining sector, Indices performance, index figures, Indian's infrastructure sector, Indian's energy sector, FTSE AIM ALL-SHARE

In the second quarter of 2012, it was clear that investor uncertainty in respect to India had manifested itself. While the Grant Thornton’s India Watch index underperformed against its peer indices in the quarter, the year to date performance remains encouraging.

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Growth through international acquisition – a case study

Thursday, July 05, 2012 | Posted by: Grant Thornton
Categories: Thought leadership | Tags: growth, M&A, international, acquisitions, corporate finance, expansion, case study, new markets, Brady plc, Tags: corporate finance, Brady, case study, growth, M&A, acquisitions, international growth, expansion, new markets

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Looking to unlock your company’s potential international growth? Find out how we helped a UK software plc accelerate its European ambitions.

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Emerging markets drive business investment in Q2

Tuesday, July 03, 2012 | Posted by: Fiona Cullinan
Categories: Brazil, China , Russia, India, Thought leadership | Tags: business, economy, survey, IBR, International business report, optimism, Q2 2012, indicators

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Grant Thornton’s quarterly global business survey is out today and shows businesses in the West sitting on trillions of dollars in liquid assets while their emerging market counterparts are investing in their long-term future. Read on for the full economic update.

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