Mncs

BKS slams ICAR for dubious agreements with multinational companies

The resolution assumes significance as the RSS is also the ideological fountainhead of the ruling Bharatiya Janata Party (BJP)

Cloud resources biggest targets for cyberattacks in India, shows study

A study by a multinational firm has identified cloud resources as the "biggest targets" for cyberattacks in India. Thales has announced the release of the 2024 Thales Cloud Security Study, its annual assessment of the latest cloud security threats, trends and emerging risks based on a survey of nearly 3,000 IT and security professionals across 18 countries in 37 industries, according to a statement. "The study was based on a global survey of 2,961 respondents, aimed at professionals in security and IT management," it said. The study "identifies cloud resources as the biggest targets for cyberattacks in India". Cloud security spending now "tops all other security spending categories", it added. In India, nearly half (46 per cent) of the respondents reported that all corporate data stored in the cloud is sensitive and 37 per cent of the participating organisations have experienced a cloud data breach in India with 14 per cent having had one in the past year, the statement said. Als

More MNCs eye IPO route after passenger car major Hyundai Motor move

Investment bankers say early stage talks on with about half a dozen foreign firms

DPIIT working on SOP to ease entry for certain Chinese workers in India

Industries that are not covered under the PLI scheme struggle to employ Chinese workers for machinery installation, thereby hindering production expansion in the 'China plus one' approach

South India office market on the fast lane driven by IT sector, GCCs

Real estate management firm JLL reports that the combined share of southern cities in India's annual net absorption has remained between 54-56 per cent during 2022 and 2023

Making a Global Indian Organisation click

Tech's territorial ambitions

Could networked states of communities consisting of people with common interests replace the 21st-century nation states?

MNCs partner Indian firms to boost market reach in pharmaceutical sector

MNC's like AstraZeneca's have also collaborated with Mankind Pharma to distribute asthma medication in India further highlights this trend's reach across therapeutic areas

Are virtual influencers impactful?

Meticulously crafted computer-generated characters, with personalities and backstories are amassing millions of followers, becoming brand ambassadors for MNCs like KFC, Puma, and more

MNCs chose TN for its good leadership, bureaucracy: TVS Motor's Srinivasan

Several multinational companies chose Tamil Nadu to set up their base because of the good political leadership the state offers and an excellent bureaucracy, Venu Srinivasan, the Chairman Emeritus of two and three wheeler major TVS Motor Company said on Sunday. Delivering his address at the inaugural Global Investors Meet 2024 organised by the Tamil Nadu government, he said the vision of Chief Minister M K Stalin to make the state a USD 1 trillion economy by 2030 would be definitely achieved.' GIM 2024 is another important landmark in the series of GIMS that we have been having. We are one of the best performing states in the country and I am very proud to say this as a Tamizhan, he said. Today's GIM is third edition of the event by a state government while past Global Investors Meets were conducted by the then AIADMK government in 2015 and 2019, respectively. Our Chief Minister has an ambitious goal to make Tamil Nadu a trillion dollar economy. I am sure with his leadership, and h

IIT-Kanpur sees 891 offers; Microsoft, RIL, Goldman among top recruiters

The recruiters span different sectors including consultancy, information technology (IT), software, infrastructure, electronics, and manufacturing among others

The issue with Sam Altman's return to OpenAI

A dysfunctional company under a super-CEO is going to lead us into an exciting and frightening new world

Global slowdown blues will stall demand for office space this year: Crisil

IT firms and Global Capability Centres (GCCs) of multinational corporations are expected to keep demand modest in the near term amid global economic headwinds

India arms of 1,000 MNCs asked to pay GST on expat salaries, allowances

Tax demands for 18% GST range from Rs 1 crore to Rs 150 crore

Countries working to resolve differences over Global tax deal: OECD draft

FinMin says intensive capacity-building initiatives are imperative for effective implementation

G20 meet: Around 140 nations close to reaching pact on global tax on MNCs

The US, India and about 140 other nations are close to reaching an agreement on the overhauling of global tax norms to ensure that multinationals pay taxes wherever they operate. At a meeting with Finance Minister Nirmala Sitharaman on the sidelines of G20 finance ministers and central bank governors meeting here, US Treasury Secretary Janet Yellen appreciated India's focus on finalizing the "historic Two-Pillar global tax deal" in the OECD's Inclusive Framework. "I believe that we are close to reaching an agreement," Yellen said in her remarks at the bilateral meeting. In a major reform of the international taxation system, about 140 countries, including India, have agreed to an overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum of 15 per cent rate. However, 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. Some significant .

Manipur entrepreneurs stare at uncertain future as violence hits businesses

With Manipur witnessing violence for over two months, the business community in the state is bleeding red with economic activities almost coming to a standstill. A number of entrepreneurs in the state said on Monday that irrespective of the communities, all sections of the people and their economic activities have been affected by the violence that began on May 3. Corporate leaders who had returned to Manipur after serving long stints at global MNCs outside the Northeast are now questioning their own decisions of investing time and money in their home state. "The impact has been huge. Almost everyone, irrespective of the communities, has been affected. Before May 3, life was pretty normal. For the last couple of years, we were on a path of progress. Businesses were flourishing, people were progressing on day-to-day lives as we were recovering from the COVID-19 impact. "Then this (ethnic clashes) happened. Now our lives have changed, and the way people do business has changed. In fa

Top headlines: Banga calls for new playbook, centre to review PLI scheme

Business Standard brings you the top headlines at this hour

Bengaluru can't manage tech for MNCs, SVB crisis if it's stuck in traffic

Bengaluru has been dealt a terrible hand by politicians

Star MNC: From Smartphones to laptops, Samsung's strong India play

The Korean company has invested heavily in its 28-year journey in the country, which has helped capture consumers' attention