International and Emerging Markets Blog

The top 10 countries being strangled by red tape

Wednesday, February 01, 2012 | Posted by: Fiona Cullinan
Categories: Brazil, India, Thought leadership | Tags: India, governance, report, growth, infographic, research, IBR, International business report, Brazil, expansion, regulation, red tape, Greece, bureaucracy, Australia, restraints, Poland

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Our graphic shows, by country, the percentage of businesses citing bureaucracy and regulations as a constraint on growth. Brazil is the BRIC most affected, while our International Business Report (IBR) research also shows India moving up the red tape rankings.

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Sustained growth expected for India economy

Wednesday, April 13, 2011 | Posted by: Grant Summers
Categories: India, India Watch Issue 12 | Tags: business, tax, India, finance, economy, Grant Thornton, governance, growth, India Watch, UK, infrastructure, GDP, economic, Capital Markets, Alex Wright, Indian Economy, inflation, IT

Over the first quarter of 2011, the World’s economies witnessed a number of significant set-backs in their growth stories. The recent natural disasters suffered by Japan and New Zealand, coupled with the on-going political turmoil in the Middle-East, have created an unsettled start to the year.

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India Union Budget 2010-11: A reflection

Tuesday, April 12, 2011 | Posted by: Grant Thornton
Categories: India, India Watch Issue 12 | Tags: business, tax, India, finance, investment, economy, Grant Thornton, global, governance, growth, India Watch, UK, infrastructure, South Asia Group, Grant Thornton India, GDP, South Asia, economic, inflation, IT

The Union Budget 2010-11 was tabled in the backdrop of an improving economic scenario both within India and globally, but fiscal consolidation and expenditure discipline have still been rightly treated as the foremost priorities in this budget.

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Proposed amendments to UK’s takeover regime and its potential impact on acquisitive Indian companies

Friday, January 21, 2011 | Posted by: Grant Thornton
Categories: | Tags: business, India, economy, Grant Thornton, governance, growth, India Watch, UK, risk, South Asia Group, Grant Thornton India, international, aim, South Asia, Capital Markets, mergers

Last year saw a public debate in respect of the UK takeover regime which ensued as a result of the acquisition of Cadbury by Kraft. Some of the market participants were of the view that the UK takeover regime made it too easy for hostile offerors (i.e. offerors whose offers are not from the outset recommended by the board of the offeree company) to succeed.  In addition, some commentators felt that the outcome of offers, particularly hostile offers, was influenced unduly by the actions of the so-called ‘short-term’ investors (eg persons who become interested in the shares of an offeree company only after the possibility of an offer has been publicly announced).

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Indian companies looking to list in London - Insider view from a reporting accountant

Tuesday, October 12, 2010 | Posted by: Grant Thornton
Categories: India, India Watch Issue 10 | Tags: India, finance, economy, governance, India Watch, risk, South Asia, IFRS, stockmarket, IPO market, IPO, London listing, Hemal Shah, GAAP

After a sustained period of Indian IPO activity in London in 2007 and 2008, predictably 2009 and 2010 have seen a significant reduction in new admissions. As sentiment picks up with the global economic recovery, we are seeing positive signs that India Inc. is once again ready to seek IPO opportunities in London with i-Energizer and SKIL Ports & Logistics having successfully completed admissions to AIM in September and October 2010 respectively.

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Corporate governance in India and the UK: A comparative analysis

| Posted by: Grant Thornton
Categories: India, India Watch Issue 10 | Tags: business, India, investment, governance, M&A, risk, FRC, bribery, anti-corruption, Stewardship Code

Corporate scandals involving companies like the Maxwell Group, Enron, WorldCom and the recent banking crisis have influenced the corporate governance norms in the United States, the UK and India. The Satyam computers scandal highlighted deficiencies in the Indian corporate governance regime and its implementation. This article examines the key differences between the corporate governance regimes in the UK and India and highlights the corporate governance issues relevant for Indian companies on the growth path.

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Balancing business risks and risk management in China

Tuesday, September 28, 2010 | Posted by: Fiona Cullinan
Categories: China | Tags: business, tax, investment, governance, China, risk, annual report, management, risks, regulation, audit, labour, export, Chris Tam, import

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Grant Thornton’s new risk report came out last week. Chris Tam, Director, Grant Thornton China, outlines the lie of the land for both UK investors looking to mainland China and also Chinese companies, who face unfamiliar risks when doing business in the UK.

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