Friday, May 1, 2015

sunderblogger.blogspot

Sunderblogger.051 India is emerging as managerial number one in the world. In 2009 Indian companies have raised billions from global markets, to finance foreign takeovers, and internal expansion. This far exceeded the inflow of foreign direct investment [around $10 billion]. This is the real revolution of 2006, India as left behind the stage of being seen as global suppliers of soft ware, generic drugs and auto components. It is now seen as a global managerial power, one that can take over multinationals across the world and improve their performance. So, global financiers are tripping over one another to fund foreign acquisitions by Indian companies. The world now believes that Indian are excellent managers, better than those in several American and European countries Hundreds of Indian companies have become MNCs with growing empires. Day is not far, when ICIC Bank takes over Citibank, when Infosys acquired IBM, when Reliance takes over Exxon; and Tata Motors take over General Motors, and of course Times of India should take over the New York Times. Best Wishes, sunder.thadani 20150501

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