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. It has targeted several multinational companies in recent years for tax audits on transfer-pricing, but over the past 12 months has widened the scope of the investigations, officials added. ...
09:28 AM, Feb 18, 2013
New Delhi: The Delhi government's resolve to implement FDI in multi-brand 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 short-duration discussion on the issue, Leader of Opposition VK Malhotra said allowing multinational retail giants to open shop in Delhi will badly hit 10 lakh...
10:47 PM, Dec 11, 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 to open stores in 10 states and UTs which, till date, have agreed to implement the decision. "51 per...
08:59 PM, Sep 20, 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 2012, and those from the technology services space are the worst hit. Companies to have confirmed massive job cuts,...
04:52 PM, Jun 17, 2012
Kolkata: Centre's decision to suspend FDI in multi-brand 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 be it in retail or aviation," Microsoft India chairman Bhaskar Pramanik said in Kolkata on Thursday on the sidelines...
03:23 AM, Dec 09, 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 sense any more. For MNCs India is no longer a preferred destination. We have lots of issues concerning our...
07:07 PM, Dec 08, 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 Russel India, which holds 50.9 per cent share in UCIL, currently known as Eveready Industries Ltd, on a curative petition...
03:27 PM, Feb 28, 2011
Lisa Curtis, Salman Khursheed, Vandana Shiva join the debate on CNN-IBN at 9.00 pm on Wednesday. ...
10:47 PM, Jun 08, 2010
Indian owned companies are expected to outperform MNCs. ...
05:20 PM, Mar 04, 2010
This will provide better access to business-related information and data. ...
10:34 AM, Feb 22, 2010
Shivakumar believes keeping your ear to the ground is important for leaders. ...
12:28 PM, Jul 30, 2009
Johannesburg: South Africa's bowling coach Allan Donald has said that it is not an easy job to be the bowling coach of the South Africa cricket team as it requires continuous hard work. Donald's comments came in the wake of suggestions that it must be an easy task for him as a bowling coach as the Proteas' home performance against Sri Lanka last week and the Australians before that had...
12:40 PM, Apr 02, 2008
London: The associate nations have requested International Cricket Council (ICC) to hold emergency meetings with their representatives before the ICC executive committee reviews its decision on the composition of the 2015 World Cup. "We have requested a chance for our elected representatives to put our case in a meeting with the ICC in the next seven to 10 days, well ahead of the annual meeting, otherwise the Hong Kong discussions...
05:20 PM, Jan 17, 2008
As many as 57 small-cap companies (12%) saw their turnover declining. ...
11:37 PM, Jul 01, 2007
The number of students opting out of placements at the IIMs to start out their own ventures is steadily going up. ...
01:31 PM, Mar 14, 2007
Big money flows into the IIMs and pay packets offered scale new highs. ...
04:08 PM, Mar 09, 2007
Multinational companies continue to view India and China as promising and lucrative investment hubs. ...
08:21 PM, Nov 23, 2006
The summer internship recruitment process at IIM-A ended with a large percentage of students being recruited by MNCs. ...
09:34 PM, Nov 18, 2006
