Indian issuers typically access the international capital markets by the placement and listing of global depositary receipts (“GDRs”) on an overseas exchange. This article introduces the specifics of a GDR listing on the regulated markets of the Frankfurt Stock Exchange (“FSE”).

What are GDRs?
Depositary receipts represent a single share, several shares or fractions of a share in a foreign issuer, who is, in most cases, restricted for regulatory or other reasons ...

Introduction
An increasing number of Indian companies are investing directly in Germany, some by setting up subsidiaries in Germany and others by acquiring shares in established German enterprises. With intensified globalisation and new competitive challenges emerging therefrom, Germany is increasingly promoting inbound foreign direct investments in a variety of legal structures especially from Indian business houses. The universal agenda is: a successful, sustainable and stable eco...

In 2010, India's growth rate moved into the double digit range for the first time and was higher than that of its neighbour - China. This is good news both for the domestic companies as well as for German companies. The crisis has bottomed out and the country is now back at a level of the high growth, we saw before the crisis. The remarkable thing about this news, however, is that the result is based on an atypical growth model for Asia. Even if the forecasts for the coming years are simil...

One of the key features of the economic reforms program, initiated by the government way back in 1991,was opening up of the domestic economy to foreign direct investment flows. It is important to note that prior to 1991, the Indian economy was largely closed and a good amount of protection was offered to domestic industry by way of high import tariffs and restrictions on foreign direct investment flows. However, the year 1991 changed all that.

As the winds of globalization ga...

Despite problems with inflation and corruption and a recent dip in GDP, most German companies are in India for the long term and see the future optimistic.

In the first half year of 2011, bilateral trade between India and Germany hit a new high at more than 9 billion Euros. The annual growth of exports from Germany to India is at a breathtaking 35.9%, Imports from India to Germany grew at a still astounding rate of 19.6%.With this figures in mind it seems to be more than possi...

Dr. Angela Merkel, Chancellor of Germany, on her visit to India in May 2011, declared 2011-12 as the Year of Germany in India. The celebrations mark the completion of 60 years of diplomatic relations between the two nations and will be followed by celebration of Days of India in Germany in 2012-13. The two nations have over these 60 years shared a warm and close friendship and common commitment to democracy. Dr. Merkel during her visit discussed the robust bilateral relations between the t...

The eyes of the world are trained admiringly on the India of today. We are seeing how the world’s most densely populated democracy is currently addressing enormous challenges, reporting outstanding growth rates and how, in some sectors, it already occupies a position as a global leader. It looks very likely that India will make its mark on the 21st century.

Well-educated people are the key to economic and social progress. The Indian government is currently reforming the voc...

With its approximately 14 million students, India is the world’s third-largest higher education market after the USA and China. The Indian government wants to raise the number of students from the current 13 % to 30 % of each year group by 2020. If successful, this will increase the number of students to more than 40million,meaning that up to 800 new universities and 45,000 colleges will have to be established in India in coming years. There will also be an increasing demand for qualifie...

Germany and India are tied in a long-lasting partnership. On the occasion of 60 years of diplomatic relations between these two countries, the year of Germany in India entitled “StadtRäume – CitySpaces” is celebrated from autumn of 2011 to autumn of 2012. Even though the focus is on cities, I see a link to rural areas and to agriculture. What would be agriculture without consumers and what would be consumers without agriculture?

For lively cities with creative people, ...