HR Committee Meeting 27th August 2019

The HR Committee meeting was held in the Cognizant office at Bengaluru on August 27th. Ms. Payal Satish, Regional Director – Karnataka Chapter, AMCHAM, welcomed the participants which was followed by opening remarks by Ms. Smriti Ahuja, Chairperson – HR Committee, AMCHAM and Global Head Organization Effectiveness, Cognizant. There was a panel discussion on ‘Provident Fund’ with Mr. Akhil Chandna, Director, Tax, Grant Thornton India LLP and Ms. Saraswathi Kasturirangan, Partner, Deloitte Haskins & Sells LLP. This discussion was moderated by Ms. Kavita Mathur, Co-Chairperson – HR Committee, AMCHAM and Executive Director, Operation, Grant Thornton Advisory. Various subtopics under the Provident Fund umbrella were discussed like the application of the employees’ provident funds and miscellaneous provisions Act, 1952 (EPF Act), social security in India and international workers under the EPF Act.

The issues and challenges faced by companies and individuals were discussed with numerous examples. The impact of the recent Supreme Court ruling on PF contribution were deliberated, focusing on Section 6 of the EPF Act and Section 2(b) of the EPF Act. The recent amendments and key issues in Employee Pension Scheme, 1995, was conferred along with the Change in Pension Contribution – Circular 2014. Both speakers also touched upon PF withdrawal glitches and issues relating to OCI cardholders. The closing remarks were given by Ms. Smriti Ahuja, Chairperson – HR Committee, AMCHAM and Global Head Organization Effectiveness, Cognizant and Ms. Kavita Mathur, Co-Chairperson – HR Committee, AMCHAM and Executive Director, Operation, Grant Thornton Advisory.

Membership

By joining AMCHAM India, you become part of an active and dynamic American business association with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

Northern Region Council Meeting 26th August 2019

AMCHAM’s Northern Region Council met under the leadership of Mr. Karan Bajwa, Chairman – Northern Region Council, AMCHAM and MD and RGM India & South Asia IBM India, in New Delhi on August 26th. The meeting was attended by Ms. Ranjana Khanna, Director General CEO, AMCHAM, representatives from the U.S. Embassy and members and representatives of the Northern Region Executive Council. The Chairman highlighted the fact of the Council’s proximity to the country’s seat of power and called upon members to leverage it and enable AMCHAM to take up issues with functionaries at various levels of the government, in the larger interest of members.

He also suggested compiling a compendium of investment in the Northern Region, divided primarily into key sections as per the priority geographies of Delhi/NCR, Haryana, Punjab and J&K, in the form of a handbook of information for all prospective U.S. investors in the region. The compendium will include all key information about ease of doing business as well as state government incentives offered to investors. AMCHAM’s secretariat will work with members and leverage each of their strengths to bring out the compendium. The J&K Investor Summit on October 2019 was highlighted. The Council discussed the annual work plan, Signature Lecture Series with visiting global CEOs or domain experts and CSR activities of member companies, amongst other agenda points.

Membership

By joining AMCHAM India, you become part of an active and dynamic American business association with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

Eastern Region Executive Committee Meetingn 23rd August 2019

American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India

Northern Region Council Executive Committee Meeting – 11th September 2020 – 11 September 2020

AMCHAM’s Northern Region Council Executive Committee had its first meeting for 2020-21 on September 11th. The meeting was chaired by Mr. William Blair, Chairman – Northern Region, AMCHAM and Vice President and Chief Executive Lockheed Martin India Private Limited. The committee was briefed by Wg Cdr Rajiv Anand on the status of actionable points from the previous meeting. Members extensively discussed the aspect and importance of interaction with states in north India and the format of Joint Working Groups being proposed for the same.Discussions also centered around how AMCHAM can be supportive of the national initiative of Atmanirbhar Bharat by engaging at the right levels and be active partners in this direction. This would also capture and recognize the relevance and significance of U.S. FDI in economic revival within states. Members offered to support state initiatives with data and work that has already been accomplished. The council would summarize decisions taken during the meeting and prepare an action plan accordingly.

Membership

By joining AMCHAM India, you become part of an active and dynamic American business association with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

6th Anti-Corruption Compliance and Risk Management Master Class 21st August 2019

American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India

6th Anti-Corruption Compliance and Risk Management Master Class – 21st August 2019

The Anti-Corruption & FCPA Compliance Committee organized it’s 6th Anti-Corruption Compliance and Risk Management Master Class in New Delhi on August 21st. Ms. Ranjana Khanna, Director General CEO, AMCHAM, welcomed participants. In her address she pointed out that despite a slight rise in India’s rank to 78 in the Corruption Perception Index 2018 released by Transparency International, there was still a lot to be done in terms of fighting corruption in India. She expressed her gratitude to the U.S. Embassy, Kobre & Kim, Baker McKenzie, FTI Consulting and Genpact for supporting the event.

Membership

By joining AMCHAM India, you become part of an active and dynamic American business association with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

Defense Committee Meeting 21st August 2019

AMCHAM’s Defense Committee met on August 21st in New Delhi. The meeting was chaired by Mr. Michael Koch, Chairman – Defense Committee, AMCHAM and Vice President – India, Boeing Defense, Space & Security and co-chaired by Mr. Nik Khanna, Co-Chairman – Defense Committee, AMCHAM and Managing Director, India, BAE Systems and Mr. Gaurav Mehndiratta, Co-Chairman – Defense Committee, AMCHAM an Partner and Head –North India, Corporate & International Tax, KPMG India. From the U.S. Embassy, Capt. Daniel Fillion, Chief, Office of Defense Cooperation, attended the meeting.

The team formally welcomed him as the USG chairman on the AMCHAM Defense Committee. AMCHAM welcomed members and kicked off discussions by receiving a read out of the recently concluded India-U.S. Defense Policy Group (DPG) in Washington D.C. The team finalized the agenda for upcoming meetings with the Ministry of Defence officials in the coming days. Details on future AMCHAM events in the defense space was shared with members for blocking their calendars. Upcoming industry engagements and events at DefExpo 2020 were also discussed.

Membership

By joining AMCHAM India, you become part of an active and dynamic American business association with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

Interaction with Mr. Thomas R. Hardy, Director (Acting), United States Trade and Development Agency 21st August 2019

American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India

Interaction with Mr. Thomas R. Hardy, Director (Acting), United States Trade and Development Agency – 21st August 2020

AMCHAM hosted an interaction with Mr. Thomas R. Hardy, Director (Acting), United States Trade and Development Agency (USTDA) on August 21st in New Delhi for energy sector members. Mr. Hardy was accompanied by Mr. Jeffrey Phillips, Country Manager – Indo Pacific and Ms. Mehnaz Ansari, Representative, India, South and Southeast Asia.

Membership

By joining AMCHAM India, you become part of an active and dynamic American business association with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.