A delegation of US companies operating in Singapore is here to explore business opportunities and investment potential. The delegation, which is led by the US Ambassador to Singapore, Mr David Adelman, met senior FICCI officials and was briefed by KPMG on ‘Doing Business in India'.
“India is going through huge regulatory changes with IFRS, Good's and Service's Tax, Direct Taxes Code and the new Companies Bill which will help improve the robust and transparent governance mechanism in place for corporate India.
India and Singapore need to ensure that their bilateral trade and investment is integrated into the wider India-Asean economic engagement framework. This would be the key to future success of the India-Singapore economic partnership,” said Mr Richard Rekhy, Head of Advisory Services, KPMG in India.
Mr Indranil Sengupta, Chief Economist, Bank of America India; Ms Kaku Nakhate, President and Country Head Bank of America Merrill Lynch India; Mr Atul Dhawan, National leader Clients and Markets Deloitte Haskins and Sells; Mr Ranji Dua, Managing Partner Dua Associates; and Mr Paul L. Kleijnen, CEO Exxom Mobil Gas India Pvt Ltd; were among those present at the occasion.
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