2020 Briefing of Setting-up a Joint Venture as a Foreign Enterprise

August 21, 2019: NEC Technologies India (NECTI) has announced that Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) Logistics Data Services (DLDS) has appointed Ichiro Oshima as the new chief executive officer (CEO) with effect from April 2019.

DMICDC is a joint venture between the government of India represented by National Industrial Corridor Development and Implementation Trust (NICDIT), and NEC Corporation.

Prior to this new appointment, Oshima was the director of DLDS, while concurrently serving as associate vice president, NEC Technologies India.

He will continue in his current role at NECTI after this new appointment at DLDS.

Oshima has been associated with NEC for nearly 30 years and brings with him a rich experience in Enterprise ICT solution business, where he strategised and marketed innovative solutions in Japan and around the world.

Alkesh Kumar Sharma IAS, CEO ＆ MD of DMICDC said, “Oshima is an accomplished leader and will further expand DLDS’ business operations.

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In September 2020, the GoI announced increased FDI limits in Indian defense firms, although with some limitations.

Earlier, the foreign ownership in Indian defense companies could not exceed 49.0% without aforementioned governmental approval.

However, the new rules allow for up to 74.0% foreign investment, not considering government approval; though, the relaxation is constrained to companies looking for new industrial licenses.

Studies have indicated that several multinational corporations (MNCs) headquartered in the US and Europe are uncertain to enter in partnerships with Indian defense firms due to the fears surrounding prior governmental approval.

MNCs generally are hesitant to share their confidential defense technology and information without first having a majority share in the joint venture.Although, the new rules appear satisfactory to foreign companies, other import limits currently maintained by the GoI may weaken efforts to boost foreign participation in the Indian defense industry.

For any new FDI, a target company be obliged to submit a testimony to the Ministry of Defense in a span of 30 days of the closing of the investment deal.

The global soy derivatives market size is projected to reach USD 344.05 billion in 2028.

The demand for these derivatives is anticipated to rise exponentially in the near future because of the high demand for biodiesel as an alternative to fossil fuel.

It would exhibit a CAGR of 6.8% in the forecast period between 2021-2028.Archer-Daniels-Midland Company Enters Joint Venture with MarfrigIn June 2020, the Archer-Daniels-Midland Company (ADM), a food processing firm based in Chicago, joined hands with Marfrig, a reputed beef producer to develop a joint venture called PlantPlus Foods.

It would deliver plant-based products to South America and North America.

As per a company official, “The new joint venture will expand our leadership capabilities and enhance our position in the global market.

It will also help us to deliver a complete range of solutions, flavors, and ingredients as per the consumer demand.”COVID-19 Pandemic: Closure of Industries & Logistical Bottlenecks to Propel GrowthLivestock farmers and soybean producers were affected severely on account of the logistical bottlenecks and closure of industries.

Bank BCA - The Financial Services authority (FSA) plans to loosen the rules a sole proprietorship (single presence policy/SPP) banking.

"I will not change the provisions of the single presence policy, but the treatments will be expanded.

Of these, 71% of whom entered in the Public Bank group's Business Activities (the BOOK) I or core capital below Rp 1 trillion.

However, this provision is excluded on the PSP which has two banks with different principles, namely conventional and islamic, as well as if one bank is a joint venture.

Meanwhile, President Director of PT Bank Central Asia Tbk (BCA) Jahja Setiarmadja rate, consolidation is actually not too profitable for the big banks.

I finally bought the bank is empty, except indeed I need a special bank," said Jahja.

You can get the best quality promotional umbrellas from the leading folding umbrella manufacturers in India.

Read this Sagar Umbrella blog to know why you should definitely invest in such a venture.

Computer Navigated Joint Replacement India Dr. Anoop JhuraniWe always hear things like precaution is better than cure, but sometimes we fail to cure accidents, injuries, and age factors diseases.

By the time, we come to find out a single thing a particular pain will becoming a part of your life and you can’t help yourself to get rid of it.

Even, you can take bits of advice from Dr. Anoop Jhurani to relieve your knees from pain and different knee problems.Best home remedies to reduce knee painUndoubtedly, medicines will help you at its best but after a while, medicine also stops working, when your body gets used to of it.

There are mentioned some homemade remedies which help you to reduce excessive knee pain and make you get relief from this incurable pain.Computer Navigated Joint Replacement India Dr. Anoop JhuraniThe Cayenne Pepper is the natural painkiller.

Apply massage gently.Lemon is known as healthy for containing citric acid, which is very good in terms to get rid of the pain of knees, when you dip half lemon into the sesame oil, apply massage for ten minutes over the painful area.

You need to apply this regularly for better results.One can also use the ginger to kill their pain by applying it over the affected area, especially the arthritis patient who is suffering from their knee problems and unnecessary inflammatory through muscle strains.