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Japan Inc cautious on India despite premiers’ love-in

Source: www.india.com Even as the friendship between Shinzo Abe and Narendra Modi blossomed during the new Indian leader’s first foreign trip, Japan Inc refused to get misty-eyed, wary of the pitfalls of doing business on the sub-continent. A five-day tour that began with a bear hug and a day of sightseeing in the ancient Japanese capital of Kyoto worked itself up through a crescendo of mutual compliments that culminated in Tokyo’s pledge to spend USD 34 billion in India over…

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Indian economy continues to gain growth momentum: OECD

Source: deccanchronicle.com India’s economic growth continues to gain momentum while most major economies are seeing stable prospects, the Organisation for Economic Cooperation and Development (OECD) has said. OECD is a grouping of 34 countries.The readings are based on Composite Leading Indicators (CLIs), which indicate turning points in economic activity relative to trend, for the month of July. “In India, growth continues to gain momentum while in China and Russia CLIs point to stabilisation of growth momentum. The CLI for Brazil…

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US endorses India-Japan strategic partnership: Jen Psaki

Source : Economic Times The US has welcomed the just announced India-Japan Strategic Partnership and said it is looking forward to strengthen its trilateral co-operation with them. “The US strongly supports India’s collaboration and cooperation with its neighbours in the Asia Pacific. We actively support such collaboration through our trilateral dialogue and other activities with India and Japan, and look forward to strengthening further our trilateral cooperation,” State Department spokesperson Jen Psaki said. The US strongly supports a prosperous India…

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Role of Marketing in Business

Marketing is a process by which a product or service is introduced and promoted to potential customers. As it has a direct effect on profitability and sales it is the important activity in a business. All most all aspects of your business depend on doing well marketing. Your potential customer will never know about your best products and services which you want to offer them without marketing. Whether the organization operates as for profit or as a non-profit marketing plays…

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Turn an Unhappy Customer to Happy One

Most of the time customer is not satisfied with a product or services. The main reason of dissatisfaction of customer is either the product or services are not meeting their needs or is not the quality he/she expected. This dissatisfaction makes customer unhappy. Dealing with a customer like this is crucial today. It is a bit tricky to turn an unhappy customer into a happy one than just resolving the situation. You need to take some time before rushing to…

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1st 100 Days: Acche Din For Tax Policy?

Source: moneycontrol.com Apparently, since the time Franklin Roosevelt introduced the idea of action agenda for a new government in its first 100 days, this practice seems to have become ‘de rigueur’ for any new government all over the world to unveil its progress card during the first 100 days of coming to power. On the back of stupendous expectations and a resounding mandate, the keenness to assess the new Indian Government’s performance in the first 100 days is even further…

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PM Modi: India offers essential 3Ds to Japan – democracy, demography & demand

Source: Economic times NEW DELHI: Inviting Japanese investors to ‘Make in India’, Prime Minister Narendra Modi on Tuesday said, “There is no better place than India for Japanese investors. India is one of the most competitive markets in the world.” Addressing Japan’s Nikkei Exchange, Modi said that India offers the three essential ‘Ds’ for businessmen to thrive namely; Democracy, Demography and Demand. “It is important for Japan to move to low cost hubs of manufacturing.” Promising a conducive environment for…

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PM Narendra Modi invites Japanese investors to India

Source : Times Now Wooing Japanese investors with promise of speedy clearances, Prime Minister Narendra Modi on Monday (September 1) proposed co-opting two Japanese nominees in a decision-making team under PMO dedicated to facilitate investments. The Prime Minister also declared that legislative changes will be brought forward to give effect to “bold” decisions taken by his government to allow 100 per cent FDI in railways and raising the FDI cap in defence and insurance sectors. Accompanied by a high-level business…

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Strategies for Building Relationship

Today, building a relationship is a vital key to marketing success. All successful businesses regardless of what they do or sell have one thing in common they know how to build and maintain relationships. They not only communicate with clients for sales but also build relationship. It’s a terrific way to add value and position against your competition. Here are some relationship-building strategies that will help transform your company into a valuable resource: Encourage Honest Feedback – Encourage constructive criticism…

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Revision in tax pacts to push advance pricing agreements

Source : Business Standard India will renegotiate its tax treaties with Germany, France, Singapore, Italy and South Korea to pave the way for bilateral advance pricing agreements (APAs) with these countries. If renegotiation takes long, it might also consider unilaterally changing its position in the treaties to allow multinationals sign APAs in India and avoid conflicts with tax authorities over their share of taxes. “There are two options: You negotiate tax treaties, but that is time-consuming. The second is: The…

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