INDIAN AUTOMOBILE DEALERS WORRIED DUE TO SUDDEN EXITS BY GLOBAL AUTO MAKERS

HIGHLIGHTS

• Automobile dealers are demanding protection from sudden exits by global auto makers.
• FADA wants Indian government to implement system to protect the interests of dealers from sudden exits by multinational manufacturers.
• FADA told...

TBT: GROUND-BREAKING IDEAS BRIDGING STARTUPS AND ENTERPRISING MULTINATIONALS

• The coronavirus pandemic is pressing Korean conglomerates to seek innovation for growth.
• At the same time, a recent modification in the nation’s law, allowing a chaebol (family owned business conglomerate) with a holding company structure to own a venture capital house, i...

SEOUL WILL IMPLEMENT A CONVENTION THAT WILL STOP MNCs' TAX AVOIDANCE

According to officials in Seoul, the government of South Korea has decided to implement a multilateral convention that will become effective from the month of September and will work towards keeping multinational corporations (MNCs) away from taking benefits of loopholes in the tax laws as their ...

MNCs AVOID EMPLOYEES TRAVELLING TO JAPAN DUE TO COVID-19 THREAT

Highlights:

• Corporations have asked their employees to avoid travelling to Japan
• Fashion show cancelled at Japan; Indian companies ask their Japanese partners to avoid travel

Japan is losing its tourists and business at a fast pace d...