Indian auto manufacturers are well poised to become "winners" in terms of global market share in the next five years to join the ranks of established players like Hyundai, Toyota, Honda and Volkswagen, a survey says.
Notwithstanding the slump in the global market,the appetite for merger and acquisitions by companies both in the developed as well as emerging market economies like India and China continued to be robust, a survey says.
Central and East European countries emerged favourites for cross-border mergers in the first half of this year, but India along with China, Russia and Brazil remained popular targets despite the global slowdown, says a new study.
The economic recession has led corporates and IT majors rethink and redesign business models for further improvement in terms of impact on organizational performance a survey by auditing firm KPMG has said.
Many of the banks in the country
are planning to deploy technology related projects over the
next one year, with an aim to reduce costs and ensure business
growth, a study by global consultancy KPMG says.
The governments around the world may consider funding their increasing deficits by hiking personal income tax rates, though India may not be one among those, with the tax rates in the country nearly constant over last seven years.
Amid the US government`s trillion-dollar infusion into the economy to tackle the continuing downturn, nearly one-third of corporate executives expect fraud or misconduct to rise in their organisations, a survey by KPMG LLP said.