The rules will set the template for tax officials to understand the extent of profits that can be taxed, taking into consideration the foreign companies' sales in India, supply side factors and more
MNCs have underperformed Indian pharma market growth in the last 15 years
India has received the most interest from firms who are to set up or expand production facilities, followed by Vietnam, Mexico, Thailand and Indonesia
In this edition of Deal Central, we catch up with Navin Wadhwani, Head of Investment Banking (India) at JP Morgan, for his first on-camera interview after taking over as the deals spearhead at the firm. Wadhwani expects private equity funds to eclipse strategies when it comes to M&A activity in India in 2024 even as he sees the trend of big block deals to continue along with mega IPOs. Pharma/healthcare, financials, tech, infra and energy are his top sectoral picks
The about turn comes after several industrialists criticised the move, saying the government should focus on skilling people. Such rules would make Bengaluru less attractive to investors and companies, they had said
The clarification will be presented to the GST Council for approval once the law committee reaches a consensus on the matter
Patience is paramount. India is not the market where one can expect quick victories, and even if you did win, it’s no indicator of its sustainability. Understanding that customers can have diverse preferences and value systems is key. All this necessitates long-term commitment and a flexible, adaptive strategy
For over two decades after the liberalisation of the economy in 1991, the same set of names from India dominated alliances with foreign partners
With this new structure, the CFOs of the worldwide regional headquarters and countries will work with Khandelwal to assist NEC in achieving its objectives,
His tweet on Shrawan has received over a million views, over 2,500 re-tweets and over 18,000 ‘likes’.
Responding during Question Hour in the Rajya Sabha, Minister of State for Commerce and Industry Som Parkash said it is normal to see some MNCs get closed and some new to come up.
Royalty payments continued to race past net profit and sales, and companies abounded where total sales and profit slumped while royalty growth leapfrogged, in some cases, by over 20% on a y-o-y basis.
In a hyper-connected world, consumers everywhere expect the same standards of product quality and transparent communication. MNCs should not ignore that
Karnataka and Tamil Nadu’s predominance in IT-related businesses stems from how tech-ready the residents are.
Releasing a whitepaper on the e-commerce policy, the Confederation of All India Traders (CAIT) said e-commerce entities have "structured their relationship as marketplace with sellers in a such a way that they are in a position to control either seller on their platform or the inventory and also escape the scrutiny of the enforcement agencies."
Foreign Direct Investment (FDI) should not only be looked as pure financial capital, but as an access to technology, assets, markets and manpower that will help India compete with the rest of the world, S Anjani Kumar, Partner, Deloitte India, tells Moneycontrol in an exclusive interview.
The State of Tax Justice report said USD 10.3 billion, or 0.41 per cent of the USD 3 trillion GDP, is lost in taxes every year to global tax abuse..
India, being a high growth market, adds growth and valuation support to the parent company.
MNCs are usually well-capitalized with low debt exposure and good dividend policies. Most of the MNCs have market leadership in their category of operations and strong brand equity.
MNCs, BPOs and IT-enabled services (ITES) in Gurgaon may have to allow their employees to work from home till the end of July, says Gurgaon Metropolitan Development Authority CEO V S Kundu.
Introduction of the proposed amendment in section 115QA has effectively plugged the tax loopholes earlier available for repatriation in case of multinational companies
Here is the list of top five companies people want to work
The CBDT committee report has proposed that sales, employees (manpower and wages) and assets in India of a multinational corporations (MNCs) should be taken into account for determining domestic tax liability.
The leaked documents from Bermuda-based global offshore law firm Appleby revealed the offsore investments by the International Consortium of Investigative Journalists (ICIJ).
While larger corporates and MNCs are focusing on women's safety, smaller organisations seem to be prone to serious under-reporting of harassment cases involving females, according to a report.