Besides valuation differential, the Indian market is considered to be one of the key markets for most of these MNCs
In FY22, the South Korean company's overall revenue in India, including other income, increased by 10% to Rs 85,324 crore
The study says 71% of MNCs see the country as a key destination for their global expansion
Besides mining, the company has pioneered development initiatives and steered changes in improving the quality of education in remote areas as part of its corporate social responsibility (CSR).
Since valuations are higher in this space, a 7-yr horizon with 10% capital outlay can be looked at
"The day parents in America or Europe will dream of sending their children to India universities for higher education, our nation can be considered the number one country in the world," he said.
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Exiting from India is mostly part of the global strategy of the marquee firms to put their energies into more lucrative projects and deal with easier markets
Experts say while the backlog of cases will most likely be reduced, the quality of rulings may not inspire taxpayers
The Indian start-ups of today are the Multinational Corporations of tomorrow that can go a long way in achieving the goal of 'Atmanirbhar Bharat', the PM said
Gross office space leasing by multi national companies to set up R&D centres across major Indian cities stood at 14.13 million sq ft in 2019, a nearly five-fold jump from 2014, as the country remains an attractive destination for global outsourcing, according to Cushman & Wakefield. The property consultant has recently released its report titled 'Global Capability Centers -- Making India the Cradle of Global R&D' that analyses the Indian 'Global Capability Centers (GCC)' industry, its evolution over the years and key growth drivers. During 2014, only 3.15 million sq ft of gross office space was leased by captive or GCCs, contributing 8 per cent of the overall gross leasing. The number, however, jumped to 14.13 million sq ft during 2019. The share of captive centers in the overall office demand has risen to 20.9 per cent during 2019 from a mere 8 per cent in 2014, the consultant said in a statement. "The captives, Global In-house centers (GICs) or Global Capability Centers .
The platform offers banking solutions and value-added services such as business incorporation, corporate filings, licences and registrations, HR services, compliances and taxation
The move will help in speedy settlement of cases of multinational corporations which have opted for the alternative dispute resolution process
Shutdowns are in place in at least 14 states in the country to tackle the spread of the coronavirus
These captives together employ more than 1.1 million people out of the total 4.3 million staffers in the Indian IT industry
While number of women occupying positions is increasing in India, their presence is still lower than in many countries
The government's efforts to persuade global manufacturers to divert production from China may be more difficult than it thinks
I-T dept receives 24 enquiries from Indian subsidiaries, permanent establishments of foreign firms
With combined market capitalisation of Rs 13.8 trillion, 74 Indian subsidiaries of global multinationals are now ahead of state-owned listed companies
Budget 2020 has expanded transfer pricing provision to PEs' profit