Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: list of goods taxed at 4% :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: VAT Audit :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: TDS :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: form 3cd :: empanelment
 
 
General »
  Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 30, 2016)
 Cases for tax scrutiny will be selected by machines
 Time to revisit 1997 direct tax rates, says P Chidambaram
 Lok Sabha passes Bill to tax black money deposits post demonetisation
 Last day to pay property tax with old notes
 Income tax department asks IDS declarants to pay tax by 30 November
 Why PM Narendra Modi must beware of the breathtaking Arthakranti tax
 Japanese firms seek easing of restrictions on funding in India
 Tax on black money: How the cookie will crumble
 Income tax officials say raids on jewellers based on 'credible intelligence' proving fruitful
 Exchange window being misused, government forced to reduce limit to Rs 2000, says Arun Jaitley

Indian firms more likely to take risks: Study
June, 13th 2008

Indian enterprises see risks as means for improving their market position and are more likely to take them than firms in developed countries, finds BT Global Services.

A study commissioned by BT Global Services says ninety per cent of enterprises in the country see risk management as means of increasing competitive advantage in comparison to 44 per cent in developed economies.

Eighty-five per cent think risk encourages innovation and creativity compared to 43 per cent in developed countries.

The study reveals Indian firms are more likely to make heavy investment in risk management strategies and systems than their counterparts in the US and Europe.

The study was conducted by Datamonitor and involved 2,000 senior executives in the US, the UK, France, Germany, Spain, Sweden, Brazil, China, India and South Africa.

About 96 per cent respondents feel international collaborations are vital to the success of their business, but 85 per cent also believe organisations from developed markets remain suspicious of the assurances they offer about risk management policies, particularly when it comes to ICT, which clearly bodes ill for successful tie ups.

"Developed markets have been wary of risks associated with aggressive economic growth. Our evidence suggests that developing countries, fully committed to international collaboration, now boast risk management strategies that surpass even western standards and can be trusted to support innovation and creativity," BT India MD Sudhir Narang said.

He said businesses in developed markets appear ready for the potential impact of risks such as epidemics, terrorism or water security, but ironically, they may be less prepared for major global events than their counterparts in emerging markets.

Around 85 per cent of Indian businesses, which were questioned in the poll, took the impact of major global events and issues into consideration compared to just 35 per cent in the US and Europe.

The onset of a global economic slowdown sparked by developments in the US is rated the highest global risk for the next 12 months by India, followed by the rise in oil and commodity prices, and the continued depreciation of the US dollar against other major world currencies.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions