Page 2 - Mncs

ICICI floats 'Infinite India' platform to help MNCs set shop in country

As an 'Authorised Dealer Category 1', the bank can authorise the setting up of liaison offices (LO), branch offices (BO) as well as a project offices, within the regulatory framework

India losing $10.3 bn every year due to tax abuse by MNCs, evasion: Report

India is losing over $10.3 billion (about Rs 75,000 crore) in taxes every year owing to global tax abuse by MNCs and evasion by private individuals, a report said on Friday.

WeWork eyes traditional companies, MNCs to hit profitability by 2021-end

Although the company is seeing demand gradually return to pre-Covid levels, it will still take up to the middle of next year for the demand to return to 65 per cent of pre-Covid occupancy levels

67% MNCs see India among top choices for FDI, says CII-EY survey

Respondents cite country's market potential, skilled workforce and political stability as three key factors, along with cheap labour, policy reforms and availability of raw materialsIndia has emerged

'Too many unknowns': Localised Covid-19 lockdowns make MNC CEOs anxious

Shutdowns are in place in at least 14 states in the country to tackle the spread of the coronavirus

Haryana Cabinet clears Ordinance to give 75% private jobs to locals

The proposed move can have wider implications due to a large number of MNCs and Indian corporates being based in Gurgaon and other NCR cities falling within the state.

With other countries also in race, make-in-India pitch will be challenging

The government's efforts to persuade global manufacturers to divert production from China may be more difficult than it thinks

Covid-19 impact: Gurugram MNCs may have to work from home till July-end

The Gurgaon district administration had issued an advisory in mid March asking MNCs, BPOs, IT companies, corporates and industries to allow work from home

BPCL makes faster, cheaper tech to test crude; in talks with MNCs for sale

BPCL has been developing the technology since FY16 and reached commercial production stage two years ago

Street signs: Liquidity boost for markets, shares of MNCs, and more

The SBI Cards' IPO closed on March 5, and since then the market has come off 11%

Co-working companies lag in attracting multinationals, says Anarock

Companies refute claim, say they have a sizeable number of clients

MNCs with permanent establishment to pay tax on pre-negotiated income

Budget 2020 has expanded transfer pricing provision to PEs' profit

MNCs, domestic drug makers did equally well in terms of growth rate

The data shows that in the last 12 months, multinational drugmakers have also done equally well in the Indian market in terms of growth rate

Why MNCs are changing their India tune

The reasons are myriad - maturing of markets, change in business strategy -but there is a clear indication that global firms are not willing to tolerate any more slack in India

Tax havens and sovereignty

There is a built-in inconsistency in addressing both

Best of BS Opinion: Job crisis, price rise, India's weak policies, and more

Whether it is the employment crisis or foreign companies leaving India, the hyphen between the two is weak policies

Seven of top 10 drug brands sold in India are from multinational companies

The top 10 corporates contribute to 43% of the domestic pharma market

Sales and profit at MNCs is catching up with royalty payouts, says IiAs

In FY17, 31 MNCs paid about Rs 77.8 billion, which accounted for almost 20 per cent of their pre-royalty pre-tax profits

SC order to guide determination of permanent establishment by MNCs: Experts

Experts say this order will prove to be significant to the BPO and ITES sectors

MNCs change tack as Mondelez, Nestle and P&G face investor pressure

Go back to basics to focus on profitability, margins and shedding non-core assets