Passage to America
Article Abstract:
Indian technological companies are alloting funds for possible acquisitions in the United States in order to elevate their status in North America where demand for Indian software is high. Despite a worldwide industry decline, software company earnings are surpassing analysts' forecasts and firms hope that the purchases will yield closer relationships to high profile companies, American knowledge about the market situation, and better hourly billing rates.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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India stocks get vote of confidence from parent firms
Article Abstract:
Indian subsidiaries have been making open offers for their shares to foreign-affiliated companies. Factors spurring this trend are depressed prices, along with the benefit of 100% ownership. The current trend of open offers is positive for India, combating the negative foreign-investment environment story too often thought of.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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India may look to monsoons to weather a stormy market
Article Abstract:
India's economy is in dire need of rainfall during the monsoon season to drive up consumer consumption, since two-thirds of its workers are in agriculture. Parliament may also increase investments in the rural sector to stimulate the economy. However, analysts are concerned about India's rising budget deficit.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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