Informart - The information for Businesses & CEO's

I am looking for a joint Venture Partner in USA. How can I find one and where should I look for one?

Tags: international joint ventures, joint venture agreements, looking for international joint venture partners

Arbitration was considred to be efficient, cost effective and expedited mechanism of dispute resolution. However, it has its downsides. Please let us know your positive and negative experiences about arbitration - international or domestic.

Tags: arbitration, business arbitration, international arbitration, international business, international commercial arbitration

India is one of the top destination for foreign companies. However, many foreign companies have faced a cultural shock and a huge difference in busines ethics.

Please share your thoughts on DOING BUSINESS IN INDIA. Here is an article for your reference: 

When doing business with Indians, Westerners sometimes have a hard time understanding their customs. This can lead to miscommunication and misunderstandings. However, growth can flourish if an effort is made to understand Indians' ethnic values. It pays to follow the adage: “When in Rome, do as the Romans do.” Read on for a primer on the formal and informal customs and conventions of India today.

1. A perspective on time: Indians are not particularly renowned for their punctuality; they are perceived as laid back people who only watch the clock when it’s close to quitting time. While that may be true for a small percentage of the population, such as government servants, the vast majority follow a different strategy. For most of the world, time is precious; for the Indian, it’s auspicious. One look at the Indian calendar should give you a clue–it’s never complete without the list of auspicious and inauspicious times and dates. Be it weddings, christenings, new ventures, C-section births, or just stepping out of the house for the first day on a new job–the average Indian allows auspicious times to dictate his activities. Don't dismiss this belief as superstitious nonsense. Remember that the West has its own superstitions: Friday the 13th, black cats and stepping on sidewalk cracks.

2. Addressing issues of respect: When compared to the numerous vernacular languages spoken in India, English is much less polite. Indian languages, unlike English, differentiate between peers and those who are older and command respect. That's why the average Indian tends to address people as “Sir”...

Tags: business india, cultural training for foreigners doing business in india, culture india, doing business with india, india business