Mncs News

Companies will find it hard to attribute any moderation in their profits or even losses to their Indian units

It is advisable that companies should ensure that as many employees as possible work from home, says Gurugram metropolitan authority CEO and Haryana additional chief secretary V.S. KunduSuggestion comes after Centre allowed IT firms to work from office with up to 50% staff

While prohibitory orders under CrPC section 144 were in place in UP's Noida, a massive traffic snarl trapped thousands of commuters on NH-48, the Gurgaon-Delhi road

Despite weak order flows, Indian arms of global capital goods firms trade at higher values vs local peersReinventing the business to focus on digitalization is helping tide over the economic slowdown

OECD presents a proposal to advance international negotiations for taxing global digital platforms, digital servicesThe move to negotiate taxation rules for the e-commerce platforms came in the wake the growing tensions between the US, France following the introduction of digital services tax

For a country like India, with its unfulfilled aspirations, WFH is a luxury it can’t afford

G20 finance ministers agreed to compile common rules to close loopholes used by global tech giants to reduce their corporate taxesThe new rules would also make it harder for countries like Ireland to attract FDI with the promise of ultra-low corporate tax rates

Companies do not like exiting nations because the very process of globalization requires governments and corporations to work in coordinated effort

The main issue is forming a group for the insolvency proceedings as each firm has to be managed in its own interestThe flexibility for preferring insolvency proceedings as a group can help overcome hurdles faced during cross-border scenario

The government had exempted innovative medicines made by foreign firms from price caps for five years