India is benefiting from growing interest from multinationals, which see the country as an alternative manufacturing base in the context of developed economies' supply chain diversification strategies, it said, in an apparent reference to China.
Technology is no longer a choice but core to business. India, which has a large and scalable talent pool, is at an advantage to tap into this opportunity, attracting the multinationals to the country.
Suchint Majmudar of BMR Associates explains India implications of BEPS and the impact on MNC
The final set of measures, which has been announced after extensive discussions over the years, also comes at a time when countries, including India, are looking for ways to curb tax evasion and illegal fund flows.
John Veihmeyer, global chairman, KPMG says it is not just about how fast India is growing. It is about India‘s contribution to the rest of the network in terms of resources, thought leadership and number of things that are helping it be a major source of innovation
Concerned over spate of acquisitions of domestic pharma firms by multinationals, the Department of Industrial Policy and Promotion will soon send a comprehensive proposal to the PMO for review of the current policy for FDI in existing drug companies.
India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office functions, tax officials say.
Mrs. Bector's started as a backyard hobby 34 years ago, but has grown to become one of India's top food sector players
The current global slowdown, which has forced multinationals to consolidate their overseas operations, has resulted in a significant decline in the absorption level of office space in the country.
PN Vijay, Portfolio Manager, www.askpnvijay.com opines on CBNC-TV18, his outlook of the market and the effect of the election results on the bourses. He sees the election result being a positive for the Congress and says that, for the markets, elections are only an event and not a trend.
Why Technology multinationals keep hiring the same set of senior executives over and over again. And why it doesn't always work
Poverty and unemployment reared their heads at the World Economic Forum on Thursday, with speakers urging the elite audience to bridge a growing gap between booming multinationals and the jobless poor.