MNCs

BENGALURU: With large IT services companies reducing their workforces in the first quarter of 2023-24, global capability centres (GCCs) – the technology arms of multinational companies – look set to outshine the rest of the Indian tech…

The deal requires countries to remove all digital services tax and other similar measures and to commit not to introduce such measures in the future. About 140 countries have agreed to an overhaul of tax norms to ensure that multinationals…

The Indian government is actively preparing to introduce a new tax reform that aims to increase the share of taxes paid by multinational corporations (MNCs) to the countries where they generate significant profits. With this move, India is…

Prodded by their automobile clients to hedge their bets against China global Taiwanese-headquartered outsourced semiconductor assembly and test companies (OSAT) are scouting for other Asian destinations to shift part of their production.…

MUMBAI: A multitude of factors driving the development of Tier II and Tier III cities in India is helping them attract multinationals to set up global capability centres , HDFC chairman Deepak Parekh has said, citing availability of talent…

The lower house of Parliament on Wednesday approved changes to the Competition Act that seek to cover global deals by digital companies under the local law and empower the antitrust watchdog to impose penalties on MNCs for violations based…

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Large multinational technology firms, including big social media intermediaries, have sought greater clarity on proposed rules around data storage in foreign jurisdictions, sources in the know told ET. If the definition of trusted…

Over 500 global capability centres (GCCs) are expected to be added to India’s existing tally of 1,500 GCCs by 2026, IT industry body Nasscom said. GCCs are the tech and shared services centres of MNCs in India, and these are growing rapidly…

71% of MNCs working in India consider the country an important destination for their global expansion based on both short-term and long-term prospects 71% of MNCs working in India consider the country an important destination for their…