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  • New tax rules on profits derived by foreign companies in the works, says report

    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

  • Chart of the Day: MNCs are ceding ground to local firms in Indian pharma market

    Chart of the Day: MNCs are ceding ground to local firms in Indian pharma market

    MNCs have underperformed Indian pharma market growth in the last 15 years

  • Chart of the Day | India among preferred destinations in global supply chain rejig

    Chart of the Day | India among preferred destinations in global supply chain rejig

    India has received the most interest from firms who are to set up or expand production facilities, followed by Vietnam, Mexico, Thailand and Indonesia

  • JP Morgan's India i-banking boss Navin Wadhwani: PEs vs strategics, mega MNC IPOs & conglomerate M&A

    JP Morgan's India i-banking boss Navin Wadhwani: PEs vs strategics, mega MNC IPOs & conglomerate M&A

    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

  • MNCs don't need to display Kannadiga staff numbers: DK Shivakumar

    MNCs don't need to display Kannadiga staff numbers: DK Shivakumar

    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

  • GST Council may issue clarification on expat salary taxation amid controversy

    GST Council may issue clarification on expat salary taxation amid controversy

    The clarification will be presented to the GST Council for approval once the law committee reaches a consensus on the matter

  • MNC Exits: It’s about dhanda, not India

    MNC Exits: It’s about dhanda, not India

    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

  • Solo or partnership, MNCs find their own recipe to do business in India  

    Solo or partnership, MNCs find their own recipe to do business in India  

    For over two decades after the liberalisation of the economy in 1991, the same set of names from India dominated alliances with foreign partners

  • NEC India elevates Mayank Khandelwal as Head of Finance for global regional headquarters

    NEC India elevates Mayank Khandelwal as Head of Finance for global regional headquarters

    With this new structure, the CFOs of the worldwide regional headquarters and countries will work with Khandelwal to assist NEC in achieving its objectives,

  • The ‘math genius’ from IIT who left MNC job to teach students

    The ‘math genius’ from IIT who left MNC job to teach students

    His tweet on Shrawan has received over a million views, over 2,500 re-tweets and over 18,000 ‘likes’.

  • Over 4,900 new MNCs opened in India: Govt

    Over 4,900 new MNCs opened in India: Govt

    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.

  • Will HUL face investors' ire for royalty payments to its parent?

    Will HUL face investors' ire for royalty payments to its parent?

    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.

  • Emerging market consumers are not children of a lesser God

    Emerging market consumers are not children of a lesser God

    In a hyper-connected world, consumers everywhere expect the same standards of product quality and transparent communication. MNCs should not ignore that

  • MNC investment dollars flow to states that offer best soft infrastructure

    MNC investment dollars flow to states that offer best soft infrastructure

    Karnataka and Tamil Nadu’s predominance in IT-related businesses stems from how tech-ready the residents are.

  • MNC e-commerce giants violating FDI norms: CAIT

    MNC e-commerce giants violating FDI norms: CAIT

    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."

  • Interview | Have no choice but to nudge more FDI towards gross capital formation: S Anjani Kumar, Partner, Deloitte India

    Interview | Have no choice but to nudge more FDI towards gross capital formation: S Anjani Kumar, Partner, Deloitte India

    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.

  • India losing US $10.3 billion in taxes per year due to tax abuse by MNCs, evasion by individuals: Report

    India losing US $10.3 billion in taxes per year due to tax abuse by MNCs, evasion by individuals: Report

    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..

  • Forget delisting; MNCs should consider listing their subsidiaries in India

    Forget delisting; MNCs should consider listing their subsidiaries in India

    India, being a high growth market, adds growth and valuation support to the parent company.

  • COVID-19 presents an opportunity to invest in MNCs; 18 firms worth looking at

    COVID-19 presents an opportunity to invest in MNCs; 18 firms worth looking at

    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.

  • Gurgaon MNCs may have to work from home till July end, some real estate projects can resume work: official

    Gurgaon MNCs may have to work from home till July end, some real estate projects can resume work: official

    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.

  • Budget 2019| LLP: The government’s cushion for MNCs?

    Budget 2019| LLP: The government’s cushion for MNCs?

    Introduction of the proposed amendment in section 115QA has effectively plugged the tax loopholes earlier available for repatriation in case of multinational companies

  • Most attractive employers in India: Microsoft takes 2nd spot, find out which is No 1

    Most attractive employers in India: Microsoft takes 2nd spot, find out which is No 1

    Here is the list of top five companies people want to work

  • I-T dept proposes new norms for taxing MNCs in India

    I-T dept proposes new norms for taxing MNCs in India

    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.

  • MNCs should publicly report revenue details: US think-tank on Paradise Papers

    MNCs should publicly report revenue details: US think-tank on Paradise Papers

    The leaked documents from Bermuda-based global offshore law firm Appleby revealed the offsore investments by the International Consortium of Investigative Journalists (ICIJ).

  • 'Smaller cos prone to under-reporting women harassment cases'

    'Smaller cos prone to under-reporting women harassment cases'

    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.

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