Mncs

  • Govt gets tough on taxation of transfers within MNCs February 18, 2013

    New Delhi: 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 backoffice functions, tax officials say. It has targeted several multinational companies in recent years for tax audits on transferpricing,...
  • FDI in Delhi: Congress, BJP slug it out December 11, 2012

    New Delhi: The Delhi government's resolve to implement FDI in multibrand retail in the national capital was on Tuesday strongly criticised by the BJP in the Assembly which said it would reverse the "disastrous decision" if it comes to power in the city. Initiating a shortduration discussion on the issue, Leader...
  • FDI in multibrand retail comes into effect September 20, 2012

    New Delhi: Showing resolve for reforms, the government on Thursday notified its decision to allow global retail giants like Walmart to open stores in India, on a day several political parties called Bharat Bandh to protest against the policy. With this notification, multinational retailers can invest up to 51 per cent...
  • Multinationals announce 71,000 job cuts globally June 17, 2012

    New York: A whopping 71,000 job cuts have been announced worldwide by more than a dozen multinationals, including HP and Nokia, so far this year as they attempt to save costs amid uncertain economic environment. The cuts have been announced by companies from various sectors, during the first six months of...
  • Microsoft upset over suspension of FDI in retail December 9, 2011

    Kolkata: Centre's decision to suspend FDI in multibrand retail till a consensus is evolved has not only upset the domestic and international retail chain majors but also software major Microsoft. "Yes, I am very disappointed with the government s decision to put FDI on hold. FDI in all form is good...
  • India not the first choice for MNCs: Microsoft December 8, 2011

    Kolkata: Global software major Microsoft on Thursday said that for MNCs, India is no longer a preferred destination. Microsoft India chairman Bhaskar Pramanik said this when asked if the company is considering any R&D centre for West Bengal as it seeks to work closely with the state government. "It doesn't make...
  • Compensation for Bhopal victims: MNCs get notice February 28, 2011

    New Delhi: The Supreme Court on Monday issued notices to the Union Carbide Corporation, Dow Chemicals and others on a Centre's plea seeking enhancement of compensation to the victims of 1984 Bhopal gas tragedy from Rs 750 crore to Rs 7,700 crore. The apex court also sought replies of Mcleod...
  • Do Indian lives come cheap for an MNC? June 8, 2010

    Lisa Curtis, Salman Khursheed, Vandana Shiva join the debate on CNNIBN at 9.00 pm on Wednesday. ...
  • India Inc may give doubledigit pay hike: Hewitt March 4, 2010

    New Delhi: India Inc is expected to dole out the highest salary hike of 10.6 per cent in the AsiaPacific region this year, riding on strong recovery in the economy and business sentiment, HR consultancy Hewitt Associates said. As per Hewitt's annual Salary Increase Survey 200910, the doubledigit hike in salaries...
  • Ask MNCs to keep servers in India: CBI, IB February 22, 2010

    New Delhi: Top investigating agencies like the CBI, IB and SFIO have urged the Ministry of Corporate Affairs to include a clause in the new companies bill to make it mandatory for each MNC to maintain a server within the country so that the agencies could have better access to...
  • Forbes India: Nokia MD lists his challenges, dreams July 30, 2009

    CEO @ Work: Nokia India’s Managing Director D Shivakumar One thing I consciously do is share information — both positive and negative. For the headquarters, it matters that there is consistency and there are no surprises — they hear the good as well as the bad news from you. Working for...
  • Left turn: Yes to Reliance, no to Wal-Mart April 2, 2008

    Coimbatore: Retail giants like Reliance Fresh maybe facing protests in states like Uttar Pradesh, but support for them is coming from unexpected quarters. The Left is opening up to organised retail. And that means Indian retail companies can now open shop in Left-ruled states, like West Bengal and Kerala, without...
  • Indians set to get highest salary hike in 2008 January 17, 2008

    New Delhi: Indians working with MNCs are slated to get the highest salary hike of about 14 per cent on an average across the world in 2008, as firms readily adopt measures to prevent their employees from jumping the ship. According to data compiled by global human resources consultancy firm ECA...
  • MNCs rule, India 'least friendly' for small firms July 2, 2007

    New Delhi: India may have entered into the top league of world economies on the back of robust economic growth and booming stock markets, but it ranks among the bottom ten when it comes to promoting small businesses. The country has been ranked 46 among 53 countries in a list compiled...
  • It's India calling for IIM-A grads June 16, 2007

    Ahmedabad: The placement session is over at the Indian Institute of Management in Ahmedabad. But this time, it's not a just a story about unbelievable offers with astronomical salaries. The number of students opting out of placements to start out their own ventures is steadily going up. Unlike many of...
  • Big money flows into IIMs June 20, 2007

    New Delhi: It’s that time of the year again when big money flows into the IIMs and pay packets offered in these campuses scale new highs. The IIMs in Bangalore, Ahmedabad and Lucknow are buzz with activity these days as campus placements are going on at full pace, but there...
  • Why Multi-national cos prefer India? November 23, 2006

    New Delhi: Multinational companies continue to view India and China as promising and lucrative investment hubs with an increasing number of their regional headquarters being set up in the two Asian giants, Bank of America said. MNCs, which till now had their Asian headquarters based in Singapore and Hong Kong,...
  • MNCs hog limelight at IIM-A campus November 19, 2006

    Ahmedabad: The summer internship recruitment process at the Indian Institute of Management (IIM-A) ended with as many as 110 students of the 2006-08 batch being recruited by international heavyweights like Lehman Brothers and Merril Lynch. Of the total 246 students in the batch, a large percentage of students will go to...