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MNC ACCOUNTS
Rs 68,000 savings, a one-way ticket: At 28, Delhi woman quit her law career and moved to Manali. Shares perks of hill life: slow mornings, fresh food, clean air, scenic viewsA Delhi lawyer, Nayantara, traded her corporate career for a simpler life in Manali, seeking fulfillment beyond a hefty paycheck. With mini...- 'Foreign MNC behaving like lala company': Techie claims every minute is tracked, employees left glued to screens, no lunch and coffee breaksA foreign multinational company faces backlash over claims of minute-by-minute employee work hour tracking. Employees report being mandated...
- Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
- SIS Ltd eyes Rs 20,000 crore revenue in FY27; targets 5 lakh workforce by 2030SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expa...
- Global banks play hedge card after RBI blow on rupee betsForeign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...
- Tax authorities ask FPIs to appoint local representatives for complianceIndian tax authorities are pushing foreign portfolio investors (FPIs) to designate a 'representative assessee' for tax default engagement. ...
- CBI books Ahmedabad-based man for cheating, recovers US $9.3 lakh from crypto walletsThe CBI also alleged that Shaishav induced the victim to withdraw cash from his bank accounts and deposit the same in bitcoin at RockitCoin...
- RBI sets July 30 deadline for banks to move current accountsThe move, initiated more than a year ago, could trigger a migration of many lucrative current accounts - which lower a bank's fund cost and...
- LIC shuns MNC banks as custodiansFor years, Stockholding Corporation of India (SCIL), which is owned by various financial institutions including LIC, served as the custodia...
- Public sector banks plan ‘daylight overdrafts’ to lure top companies from private rivalsWith the Reserve Bank of India (RBI) changing the rules to help public sector banks (PSBs) grab business from MNC lenders, some of the PSBs...
- Thematic mutual funds shine as investors chase alphaThe top 10 thematic funds, eight of which belonged to either pharma, ESG or MNC subcategory, accounted for 40% of the total category’s asse...
- Multinational banks to oppose current account rules, seek concessions from RBIAccording to RBI’s new regulation, a bank with less than 10% approved facility to a corporate is barred from having the company’s current a...
- Things US-based NRI should know while investing in India"Several Indian fund houses have stopped accepting applications from NRIs based out of the US and Canada, owing to onerous provisions of th...
- Beware of clone machine before swiping your cardThe modus operandi has indicated the usage of skimmer devices, which are used to illegally copy card details when it is swiped at an ATM or...
- Bangalore more expensive for R&D as compared to Pune and Hyderabad: ZinnovBangalore continues to be more expensive for R&D as compared to Pune and Hyderabad as per a Zinnov study, "Operations Cost Benchmarking 201...
- Are domestic FMCG stocks better bets than MNC scrips?Homegrown FMCG firms have grown at a faster clip than their foreign-owned rivals in recent years, yet the latter’s premiums have only widen...
- Should you invest in MNC funds?While these thematic funds have given good returns in the past, investors need to be aware of the risks they carry.
- Dell targets double digit growth in laptop sales in 2013-14Dell India is hoping to notch double digit growth in sales volume in laptop market in the current financial year against flat growth in 201...
- No client should exceed 10% biz of audit firm: PanelNo single corporate client or group should account for more than a tenth of the total revenues of any audit firm and its associates, a comm...
- A/c firms' code to avoid clash of interestThe new code prevents an accounting firm from offering certain services to a company if an affiliate of the firm offers some services to th...
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