One day workshop on Global Business- Expansion Overseas By an Eminent Faculty
Date : 14 Sept 06 Venue: JW Marriott, Juhu, Mumbai
Date : 23 Sept 06 Venue: The Leela Palace, Bangalore
Reserve Bank of India has progressively relaxed the various remittances of foreign exchange for current account and capital account transactions. Powers have also been extensively delegated to Banks authorised to deal in Foreign Exchange to allow remittances outside India for various purposes.
Indian corporates are increasingly availing the opportunities in the global market for expansion of their business by setting up Subsidiaries, joint ventures and collaborations. Mergers and acquisitions of overseas entities have also been attempted by many Corporates of India. We find that Indian MNC?s are emerging in the global arena. Princeton recognizes these developments and felt that there are knowledge and skill gaps in seizing the Global opportunities and evolve appropriate strategies to form suitable organizational structures abroad and optimize profit without violating any of the provisions of FEMA and the Guidelines issued by RBI from time to time. Accordingly, a one day programme has been drawn up for those who propose to invest abroad and also those who have already set up but need on course corrections and continue to ensure strict compliance. The details of the programme are as under.
OBJECTIVE To up date the participants with the latest provisions on CROSS BORDER INVESTMENTS, sharpen their skills for evolving STRATEGY for investment, familiarize with Mergers and Acquisitions, and conduct periodical performance evaluation and timely reporting to the Regulatory Authorities.
COURSE CONTENTS
Government Policy on Overseas Investment
Regulatory provisions under FEMA 1999
Areas of scope for Indian Entrepreneurship
Appropriate strategy - Setting up a Liaison office, Branch, Joint venture, Subsidiary
On course expansion and correction ? setting up of a second generation company- setting up of an overseas holding company ? pooling of profits and Tax free countries.
Resource planning and tapping of overseas resources ? ADR/ GDR, ECB and FCCB
Setting up of warehouses abroad
Preparation of applications for overseas investment
Case studies on:
i. Liaison office ii. Branch iii. Joint Ventures iv. Subsidiaries v. Submission of Annual Performance Reports
READING MATERIALS
Provisions of FEMA 1999
Policies on Overseas Investment
Notifications issued by RBI
Specimen applications for overseas investment - Forms ODA, ODI, ODR, ODG
Annual Performance Reports
FACULTY Mr. K.Ramasubramanian, General Manager (Rtd) Reserve Bank of India, Mumbai with hands on experience on policy formulation and processing of various issues under Overseas Investment for over ten years.
Conducted an average of over 250 sessions in a year covering subjects such as banking supervision, international trade finance, project appraisal, financial management and performance counselling
Developed a book on overseas investment policy and procedures for use by the members of the public
Presented the key guidelines and the procedures for Indian companies to invest overseas to various industry participants across the country
For whom the programme is meant
All corporates, partnership firms and individuals interested in cross border investments
Those already invested and need on course corrections
Senior officers and line members engaged in operations
Timing 9.00 a.m. to 5.30 p.m. Registration Fee Registration fee is Rs. 7,000 +12.24 % Service Tax.( Service Tax No- AADPB 6346D ST001) per participant which includes lunch, tea, course material etc. Kindly register your name by sending cheques drawn in favour of ?Princeton Academy Mumbai II?.
Princeton Academy Mumbai II 502 Shalimar Morya Park, Andheri Link Road, Andheri West, Mumbai- 400053. Tel- 022-66976892, 74. Fax- 26733060 email- princetona@eth.net Website- www.princetonacademymumbai.com