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May 2012, Vol.7, No.5

May 2012, Vol.7, No.5

The Indian investor with Russian interests at heart

Usually, media profile outstanding CEOs, but most often, this is done as a routine journalistic task. However, once in a while, an occasion props up, when this task is done with rich personal emotions. Such is the case with Inpark Group CEO Alok Kumar, an Indian that first came to Moscow as a student in the mid-1990s, but has grown to become one of Russia’s key foreign investors, whose business tentacles now spread across different sectors of the economy. This meteoric rise to business pinnacle epitomizes the type of true-life success stories that TRCW will always proudly showcase on its front page as a positive case study on Russia ...

Politics

The assessment of President Medvedev’s four-year rule in the Kremlin

While analyzing Medvedev’s performance, one needs to start from the fact that he did not even have his own team, as he inherited a kind of slightly reformatted ‘Putin's cabinet...

 

Economy

Strategy-2020 experts finalize researches into painless transformation of Russia

Russian intellectuals offer new ideas on how to transform their country in general, and its business climate and investment landscape in particular in Putin's third term...

Economy

Kudrin's expert team ready to oppose and engage authorities on all vital policy issues

The Committee plans to embark on objective opposition to the Russian authorities on all issues, ranging from domestic and economic topics to foreign policies...

 

Major Events of the Month

Government and businesses to facilitate more economic mobility for citizens

In this regard, the government has been ordered to prepare a plan within three months on the concept of migration policy till 2025...

Major Events of the Month

Navalny ranked among the world's elite, but the tandem team fails to make the list

The publication linked Navalny’s popularity to social activeness of Russians seeking radical reforms and Internet’s rapid development...

 

Major Events of the Month

Nurgaliyev decrees ‘second re-certification’ for Russian Force employees

This order for a new purge in the long-suffering agency means Nurgaliyev has officially recognized the failure of the previous certification held during the militsia reform...

Major Events of the Month

Russian Central Bank wants talks on new banks capitalization increase off the agenda

Russian Central Bank Chairman Sergei Ignatyev has said it is premature to start discussing a new benchmark of minimum capital for banks...

Issue: May 2012, Vol.7, No.5
Author: Irina Kozlova
Tags: CB
 

Major Events of the Month

Mobile subscribers to be able to keep numbers after changing services providers

According to the order, the Communications Ministry is to submit its proposals on how to implement this policy by July 1...

Major Events of the Month

Russian Foreign Ministry decries U.S. State Department’s visa denial to Kobzon

Foreign Ministry spokesman Alexander Lukashevich said Moscow was ‘perplexed’ by the U.S. refusal to grant a visa to Russian singer and State Duma legislator Iosif Kobzon...

 

Business News

Nezavisimost releases report for 2011 and outlines its new plans for the future

The Nezavisimost Group's report for 2011 put its gross revenues, compiled according to IFRS, at RUR44.56bln, or 45% more than in 2010...

Business News

Most Russians support the calls to force bureaucrats to use locally made cars

If the poll is broken down along party lines, the most vocal supporters of this revolutionary idea were the Communist Party (71%) and Just Russia Party (70%)...

 

Business News

Favorit Motors’ Peugeot Showroom receives the Audience's Preference Choice Award

A total of 54 showrooms, including those of Audi, Bentley, Volkswagen, Ferrari, Maseratti, took part in the “Best of the Best” contest in 17 nominations...

Business News

Russia heeds Greenpeace’s recommendation to slap a special fee on carmakers

Explaining the policy, First Deputy Prime Minister Igor Shuvalov called the fee ‘a compensation,’ a barrier, to prevent used cars from flooding the Customs Union market...

 

Interviews

The Russian oil services industry: the vector of changes

In this interview, TNG Group CEO Rinat Kharisov speaks about the key changes sweeping through the Russian oil services industry and the attitudes and reactions of the key players to them...

Interviews

A foreign student-turned investor’s fairytale business success story in Russia

In this interview, which focuses on a range of issues, Inpark Group CEO Alok Kumar recounts his rise from his student years in Moscow to become a major investor in Russia...

 

Editorials

The creation of a new public TV channel is a slap on the faces of current stations

The creation of a new TV channel is a slap on the faces of Russia’s current largest TV channels and their CEOs, ‘a vote of no confidence in them, an impeachment by implication...

Politics

The Kremlin and opposition are at crossroads in search for exits out of political deadlock

The end of the elections has not only failed to resolve the deep ideological and political conflicts between the opposition and the government, but has even fueled them...