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If Modi wins, will bold economic reforms follow?

Finance Minister Nirmala Sitharaman, during the interim budget presentation, expressed confidence in Modi 3.0 becoming a reality, indicating that the same regime would present the full budget after the elections. With the potential re-election of the Narendra Modi government, questions arise about bold economic reforms. Suggestions include simplifying GST rates, implementing a three-rate system, and introducing a top-up tax mechanism for Indian MNCs. ....

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Slow progress: Women in CFO roles remain a minority in India

Numbers have improved in 2024 so far, but data from 2,257 NSE cos show only 45 women in director-finance roles. Experts said a push is coming from board members to improve gender diversity (which is a key element in the ESG scores of companies) at the top deck. ....

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Budget 2024: 175 big MNCs' units gear up for new global minimum taxes, review rules

As per a PwC study, around 175 arms of multinationals operating in India qualify for consideration under Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Shifting (BEPS) 2.0 Pillar Two regulations. ....

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Global capability centres shell out premium to hire top talent

The MNCs are also moving an increasing number of global and senior-level roles to the GCCs in India. This is prompting them to woo top talent by paying higher than the compensation offered by many in the technology industry including products, services and tech-enabled startups (barring a handful of large IT firms), they said. ....

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Nestle sets the way - BR Research - Business Recorder

Earlier this month, Nestlé Pakistan inaugurated a 2.5 MW solar power plant, which is under its Rs2 billion. ....

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