Competitive Intelligence in India

[Vivek Raghuvanshi]

http://corporaterisks.info/blog/?p=237

[Vivek Raghuvanshi]

For Sole Proprietorship and Partnership companies in India, one needs to do due diligence.

The issue is not what their financial statements are, one needs to look at the core competence of Promoters as well an understanding of the Indian prototype of Guanxi model.

In Corporate matchmaking, the least of all worries in past performance based on financials.

Financial performance of companies based on financial returns really means nothing.

I remember working on Infrastructure projects where one project required investment to the tune of USD 1000 Million.

The least of my worries was the financial statements of Promoters.

The feasibility took other parameters in mind.

One needs auditors and merchant bankers to work on the right Debt:Equity components besides other feasibilities.

[Vivek Raghuvanshi]

Authencity of Data on Private Limited and Limited and Public Limited Companies in India

Credit Reporting in India goes back to over a decade. International Credit Reporting companies have been using Indian subcontractors for the last 10 years

The data is verified from Registrar of Companies.

Registrar of Companies office is in every state capital

ROC is open for public inspection for Private Limited and Limited and Public Limited Companies

Any tom, dick and harry and walk up to ROC and verify:

Date of Registration
Registration No
Board of Directors
Bankers
Auditors
Financial Statements as at 31st March closing, amongst other things

[Arjun Gupta]

We have:

- information collection agencies

- analysing capabilities
(as mentioned above)

But for the first time in India,

The ethical and legal process of Planning, Collection, Analysis and Dissemination of Information has been introduced in education.

Which will consequently help the corporates:

- To anticipate the intentions of the competitors

- Predict the manuevers and

- Position themselves and de-position the competion in the rivalry market.