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Google to Invest $10B in India

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Re: Google to Invest $10B in India

#61

Post by Barrin92 »

bamboozled wrote: post #4

Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead. I also saw that Foxconn is looking to build Apple products in India now too.

>Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead

Chinese leadership priced this in years ago. If you follow ongoing political debates in China more closely they were already talking about the next 20 years being rocky as China climbs up in the world stage five to ten years ago. Why do you think China's Made in China 2025 industrial policy program was started in 2015 and OBOR in 2013?

Re: Google to Invest $10B in India

#62

Post by ClumsyPilot »

bamboozled wrote: post #4

Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead. I also saw that Foxconn is looking to build Apple products in India now too.

India is a giant market, an investment of $10 billion is a rounding error.

Re: Google to Invest $10B in India

#63

Post by sbmthakur »

m0zg wrote: post #46

Is there even a way for Google to invest in a high-corruption country like India without paying bribes (which would break US anti-bribery laws)? I'm pretty sure such an investment would be impossible in e.g. Russia, where many a hand needs to be greased before anything can happen.

Which departments Google would need to bribe to get their work done?

Re: Google to Invest $10B in India

#64

Post by onetimemanytime »

kranner wrote: post #43
murukesh_s wrote: post #32

Earlier quoted context omitted.

the person is connected with both the parties. so may be opposition does not dare to mention him. but i personally feel he is lesser evil, especially if you look at the penetration Chinese products and venture money have made in India.

How is Chinese venture money more evil than Ambani owning everything?

>>How is Chinese venture money more evil than Ambani owning everything?

Ambani can be dealt with a stroke of a pen when the goverment wants to. China on the other hand...

Re: Google to Invest $10B in India

#65

Post by chvid »

mcny wrote: post #20
mytailorisrich wrote: post #16

Earlier quoted context omitted.

The US will act against any threats to their position. Although India has the potential to be a threat, so far it hasn't been and the more the US can invest in India and 'own' large swathes of key industries the better for the US but someday India may wake up to the fact that their economy is, or can be, larger than the US's and start acting accordingly.

China PR makes me question a lot of things. For example, I’ve always been told that protectionism doesn’t work but with the great firewall it seems to work just fine in China PR. How do I explain it?

The great firewall of China came because China wanted to police US social media operating in China but weren't able to. That it acted as a major enabler for China's own social media boom is (at least initially) an unintended side-effect.

Re: Google to Invest $10B in India

#66

Post by sbmthakur »

mcny wrote: post #20
mytailorisrich wrote: post #16

Earlier quoted context omitted.

The US will act against any threats to their position. Although India has the potential to be a threat, so far it hasn't been and the more the US can invest in India and 'own' large swathes of key industries the better for the US but someday India may wake up to the fact that their economy is, or can be, larger than the US's and start acting accordingly.

China PR makes me question a lot of things. For example, I’ve always been told that protectionism doesn’t work but with the great firewall it seems to work just fine in China PR. How do I explain it?

Something working fine for the Chinese government doesn't mean it's working fine for the citizens too. Their technology model is completely void of privacy. Many in the West won't consider it as working fine.

Re: Google to Invest $10B in India

#67

Post by poiuytrewqa »

flippedbit wrote: post #22
kjaftaedi wrote: post #10

Google has been funneling around 20 billion dollars yearly through Bermuda to evade taxes using the infamous 'irish double sandwich'. Pressure from the US and EU is finally forcing Ireland to change their laws. Google is in a situation when they have money that they need to figure out a plan for since they can't do as much tax evasion as they previously were permitted to. https://www.caymancompass.com/2020/01/02/goog…

Tax minimization is a form of tax avoidance rather than tax evasion (Not saying it’s good, rather just that google weren’t breaking any laws).

There's no such a tax avoidance rule that is allowed and tax evasion is not. Also avoid and evade are similar term.

Avoid > keep away from or stop oneself from doing

Evade > escape or avoid (someone or something), especially by guile or trickery.

This is the reason why many US tech companies got fined in Europe (Apple and Google are one of them)

P.S. can someone explain why I get down votes for something factual? This forum is ridiculous at times

Re: Google to Invest $10B in India

#68

Post by ClumsyPilot »

seemslegit wrote: post #38
bamboozled wrote: post #4

Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead. I also saw that Foxconn is looking to build Apple products in India now too.

China hasn't "blown" anything - it is set to compete with US head to head on the world stage not with India over US investments.

Not sure why you are being downvoted. China is clearly the one investing in foreign countries now, for instance see belt & road initiative. It is also clearly conpeting with US, with Trump administration exacerbating the conflict.

Even if you don't like China, you should not pretend they are a in a weaker position than they are.

Re: Google to Invest $10B in India

#69

Post by onetimemanytime »

TLightful wrote: post #51
flippedbit wrote: post #22

Earlier quoted context omitted.

Tax minimization is a form of tax avoidance rather than tax evasion (Not saying it’s good, rather just that google weren’t breaking any laws).

"My dear wife, please believe me ... we weren't having a sexual affair, I was just getting a BJ"

If you want the case that you chose to be similar to Google's tax maneuvers, that specific sexual act then would not forbidden in the contract.

If what Goog is doing was forbidden, Google would be sued by DOJ in a heartbeat.

Re: Google to Invest $10B in India

#70

Post by kamaal »

ankit219 wrote: post #52
frequentnapper wrote: post #24

Earlier quoted context omitted.

I don't see how it's not alarming for Indians that one key person/company connected to the govt is the sole beneficiary of incoming businesses into India.

There is a cause for alarm, and some Indians do see that as a threat. Right now, Indian society is caught in a deep web of fake news, false narratives, and the conflating of what the govt is, what the nation is, and the difference between the two. Many competitors have raised a lot of questions about how Jio did not follow the rules (there are a lot to link) the basic one being a rule about giving free plans for more…

Most Indians care only about the cheapest workable plan, product, service, while making a purchase. It's not about Jio, it's about the 500 rupees free call, free SMS, free 4G plans. As long as Jio offers it they'll use it. They'll drop it as soon as something cheaper comes around.

Mukesh Amabani, is mostly raising money because he had simply too much debt, and he is also getting old. It could also be a part of larger succession planning. His kids are not that much hands-on into business as much as he was with his father. It makes sense to have a Tata Sons Trust like scenario where professional managers runs the companies while the companies are owned through a holding trust owned by his children.

The experiment with Anil Ambani's mismanagement and the state he has left his business is a lesson for Mukesh to not let it repeat with his own children.

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