The Indian units of MNCs typically pay their foreign parents 1-2% of outstanding debt as a fee for such guarantees. The foreign parent companies have been considering this payment as interest and arguing that it should be taxed at a lower rate.
The moot question is: are these MNCs are being driven by morality and ethics or purely by self-interest, weighed by the reputational and financial risks of doing business with Putin’s Russia?
Investors should not avoid MNC companies as part of their portfolio largely because they are good dividend payers and also they are defensive play when volatility increases.
Buoyant economy, regulatory reforms has made India the most preferred market for outsourcing business among more than 75 percent multinational companies, says a survey.
News from the north block, the latest data from the finance ministry shows that domestic and multinational companies owe a staggering Rs 6 lakh 89 thousand crore to the tax department in outstanding arrears. The tax department has already sent a missive to the companies asking them to pay up.
It is critical for multinational companies like Pepsico that every country in the world remains open for businesses, said Pepsico Chairman and CEO Indra Nooyi in an interview to CNBC.
Harvard Business School (HBS) will host their upcoming
The company has already set up a huge facility in Sri City in Andhra Pradesh and one can expect more investments to come in. Indian market is a huge opportunity in the consumer goods area, said D Shivakumar, CEO & Chairman, Pepsico.
Proxy advisory firm IiAS today said the payout amount translates to around 21 percent of the 32 companies' pre-royalty pre-tax profits.
Harvard Business School (HBS) will host its successful executive education program,
Imperia Structures Limited, a premium real estate group in the country, announced the launch of a wedding mall at Knowledge Park V, Greater Noida ...
The inaugaral edition of India Innovation Forum (IIF 2015) in Bengaluru saw top Innovators, Entrepreneurs, VCs, Impact Investors, CEOs and ...
Contrary to the popular belief, real estate is not always a risky gamble. Commercial Properties are the biggest and most stable attraction in real ...
Reacting to Nestle's press conference announcement that Maggi noodles is clean, experts talk about more stringent actions by government and what further steps can the brand take.
Move over Bengaluru, Hyderabad is emerging as the new destination for India Inc and multinational companies (MNCs). Prime Property analyse Hyderabad‘s commercial and residential property markets.
Executives in Davos said they remained committed to tapping into rising middle classes from Shanghai to Lagos, but some are pulling back and redeploying resources in particularly difficult, low-margin regions.
Acknowledging that effective taxation of mobile income is a key challenge, the G20 leaders including Prime Minister Manmohan Singh vowed to take steps to change rules to tackle tax avoidance, harmful practices and aggressive tax planning.