The tragic death of an EY employee has sparked social media discussions about the importance of work-life balance and burnout, which, according to a McKinsey report, is a greater concern for Asians
As multinational corporations capitalise on India's valuation premium, there are reasons for caution as well
Investment bankers say early stage talks on with about half a dozen foreign firms
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
The tax authorities argue that these AMP expenses incurred by MNC subsidiaries enhance the value of trademarks or brands owned by the foreign parent entities
Companies are utilising GCCs as a "sandbox environment" to develop PoCs that accelerate their digital journey by leveraging GenAI across relevant domains
Consumer watchdogs must be more proactive
These funds, however, tend to underperform when domestic cyclicals do well
These companies' revenues in India have grown at a faster pace than their overseas revenues. As a result, the contribution of Indian business to consolidated revenues has steadily increased
Class-I suppliers, whose goods, services or works offered for procurement has local content equal to or more than 50 per cent may see it hiked to 70 per cent
Trend may draw foreign companies to India listing, while existing players assess potential of monetising stakes
But company executives clarified that it will continue to make Nokia phones and move to a multi-brand strategy across the globe
Gupta will spearhead customer innovation and delivery excellence, cloud growth acceleration with top-tier talent, industry depth, and partner ecosystem
Number of Global Capability Centres likely to reach 3,000 by 2030, employing more than 3 million people
TS Suites are pre-built offices on short and mid-term contracts, which are made available in under 24 hours
Collaboration and customer-centric business development among factors enabling country's capacity
Global manufacturing majors seek a less unpredictable policy environment before investing more 'China-Plus-One' dollars in India
Amazon's interest in the Indian market has fluctuated over the years, while Walmart seems more enthusiastic. However, it is Tim Cook's Apple that is most optimistic about its prospects
Besides valuation differential, the Indian market is considered to be one of the key markets for most of these MNCs
In FY22, the South Korean company's overall revenue in India, including other income, increased by 10% to Rs 85,324 crore