Coastal Salinity Prevention Cell Coastal Salinity Prevention Cell CSPC, set up in Ahmedabad, functions as the nodal agency for Kharash Vistarotthan Yojana (which means – coastal salinity prevention initiative). It works towards empowering the communities of Coastal Gujarat, through multi interventions – WaSH, Livelihoods and education. Livolink Foundation Livolink is located in Bhubaneswar, Odisha and implements Trusts interventions to enhance the socio-economic status of the vulnerable and marginal communities to improve the quality of life of the rural poor. It primarily focusses in the field of migration and urban habitat, livelihoods, crafts and healthcare.

This requires companies to diversify their asset base, enter new markets and geographies to achieve technological advancement. Have access to adequate liquidity to obtain competitive advantage and sustain growth for a longer period. Professional bookkeeping constitutes an important requirement of effective financial management for every business, no matter which industry ..

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CInI aims to transform the lives of tribal households in the Central India tribal belt, through building knowledge, empowering the communities. It focusses on education, livelihoods, WaSH, sports, energy and education. Vijayavahini Charitable Foundation VCF is involved either as a direct implementing partner or as a technical advisory partner for programmes across themes including livelihoods, skill development, WaSH, nutrition, healthcare and education. The group is present in many sectors such as viscose staple fiber, metals, cement, viscose filament yarn, apparel, carbon black, insulators, financial services, BPO and IT services. The Aditya Birla Group has a marked presence in Thailand, Malaysia, Indonesia, Philippines, and Egypt.

Last year my company was admitted into Insolvency by NCLT on the application of one of my operational creditor. Mr. Alok Kumar Agarwal guided me to arrive at the settlement with the creditor in NCLT.I will remain thankful to ASC and wish they continue rendering professional services to their clients. I take immense pleasure in saying that our team consists of experts from diverse fields. This expertise and experience helps us in addressing client issues with a unique and innovative approach which facilitates strategic business growth for our business partners. Learn about deemed exports in India, including the definition, benefits, prerequisites , and taxation. Find out which transactions are considered deemed exports and how to claim a refund under the GST law.

As of 2018, Vodafone was the owner and sole operator in about 25 countries and also was a partner service provider in 47 other countries. In addition to HDFC, they include banking provider ICICI Bank , commercial lending company Bajaj Finance, and banks Kotak Mahindra Bank and State Bank of India (the country’s first national bank and its largest). Means a company in which another company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company. The best multinational companies boost economic development of the country and are in turn provided with a rapidly expanding market for their products. The establishment of offices of best multinational companies has benefitted the country and the company alike.

They have about 660,800 employees and the Tata Group has become synonymous with providing trustworthy and premium services. Tata Consultancy Services has a market value of 98.4 billion dollars, Tata Motors 16.8 billion dollars and Tata Steel has 10.2 billion dollars. Their brands include Pepsi, Lays Potato Chips, Seven Up, Mountain Dew, Tropicana, Mirinda etc. The PepsiCo headquarters is in New York and headed by Indira Nooyi, the 2018 valuation of the company is 138.1 billion dollars.

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Under this, the term “significant influence” means control of a minimum of 20% but less than 50% of total voting power by the investor company or control of or participation in business decisions under an Agreement. – For the purposes of this clause, ―”significant influence” means control of at least twenty per cent. “Significant influence”, as per the Indian Accounting Standard 28, means having the power to participate in the financial and operating policy decisions of the investee but does not mean control or joint control of those policies. However potential voting rights arrangement could also be referred in these cases. Significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control of those policies.

To better understand the concept of “control” as provided in the explanation of “significant influence”, Section 2 of the Companies Act 2013 has described the term “control”. • Person acting individually or in concert, directly or indirectly, including virtue of shareholding or voting agreements in any other manner. Hence one has to demonstrate that if such significant influence exists in case the shareholding is less than 20% and then it will be Equity Accounted and consolidation will happen accordingly. For us, sustainability means securing the company’s long-term success while at the same time protecting the natural resources on which present and future generations depend. At the same time, we demonstrate a particularly high level of corporate social responsibility — both within the company and beyond. Karsten Mueller has been the Executive Vice President, Head of Manufacturing Strategy and Quality, Bosch India and Head of Manufacturing Operations for Powertrain Solutions in India since January, 2020.

• In 2019, the Indian economy was the world’s fifth largest by nominal GDP and third largest by purchasing power parity.
• As of 2019, Hindustan Unilever had production of about 35 product brands in India and global and employees count was about 18,000 and counting.
• To better understand the concept of “control” as provided in the explanation of “significant influence”, Section 2 of the Companies Act 2013 has described the term “control”.
• PepsiCo operates in India through its subsidiary, PepsiCo India Holding Private Limited.

His responsibilities include regional contribution to RB strategy and business development activities, which includes – cross-selling. He is also responsible for human resource, government relations and corporate social responsibility of the organisation, in India. The companies can have the shared benefit of improved production capabilities, technological and research advancement, financial support and others.

It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world. Post-graduate degree in economics, finance, business administration, or related field from a premier institute is preferable. Be a strong team member and support the team to engage with multiple stakeholders including Ministries/Departments, State Governments, Quasi-Government Agencies, Industry Associations, PSUs, Investors, and Private Promoters/Investors. The Northeast Desk at Invest India was operationalized in March 2021, upon the instructions of DPIIT to usher in a transformation in the investment ecosystem in the Northeast. The dedicated NE Desk is set up to supplement the efforts of the North-Eastern State Governments in promoting, targeting, and facilitating investment into the region.

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However, the 1970s also saw a counter movement, wherein many states made the move towards decriminalization. Decriminalization means that although possessing cannabis remained illegal, a person would not be subject to jail time or prosecution for possessing certain amounts. In the U.S., the oldest legalese concerning cannabisdates back to the 1600s—the colony of Virginia required every farm to grow and produce hemp.

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It has one of the biggest manufacturing plants in India, spreading over 100 Acres at Chakan, Maharastra and was established in 2015. The Fortune India magazine, a magazine about to automobiles and companies in India, named Merc Benz India as India’s most admired company. Mercedes Benz India is a subsidiary of the Mercedes company fully owned by Dailmer AG and its headquarter in Pune. Dialmer AG entered the Indian automobile market in 1994 and established the Mercedes Benz India. At that time, it was the pioneer of the luxury automobile market in India.

Karin Gilges has been the Chief Financial Officer , Bosch Limited, since May, 2022 and is responsible for finance and accounting, controlling, planning, mergers & acquisitions, taxes, and performance management in India. Moreover, the company directors, who had signed the balance sheet of the companies, were unaware of the business activities. Here, we see that the investments made in Vinyl Chemical forms part of “Investment accounted for using equity method” under Non-Current Assets. Sometimes companies may prefer partial ownership and may opt to own a minority stake along with significant influence, but not control, over the investee’s business. Panasonic mainly specialises in the designing and manufacturing of appliances like Television, Refrigerator, laptops, desktops, camera and smartphones as well.

Organizations which have ceased operations are included and noted as defunct. This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2020. In 2019, the Indian economy was the world’s fifth largest by nominal GDP and third largest by purchasing power parity.

It has also been considered as one of the largest cultural and economic influencers in the world. A multinational company is an organization that provides its services in multiple countries through its subsidiaries in different regions. India benefits from the best multinational companies through their investments, coming in with new technology, contributions to infrastructure, capital and foreign exchange and boosting economic health.

Get insights into tax planning and legal implications, and avoid dual taxability of income with ASC Group’s .. A Company as defined under Companies Act, 2013, means a Company which is incorporated under the Companies Act, 2013 or under any previous company law. In India, there are several laws and regulations which govern Companies and the mode of their operations. The principal associates in our company are from north india Act which governs all Companies is the Companies Act, 2013 and all rules and regulations made therein including any amendments thereof such as Companies Act, 2017. It was established with a view to provide Corporate Secretarial & Governance and other related consultancy services to clients. 1.X investor having 50% shares in company A and 30% shares in Company B.

We shall look forward to work with them on many other engagements in near future. “We are very happy with the services ASC has been providing us which include transfer pricing, international taxation, payroll, etc. Our engagement with ASC Group is for more than 5 years, and they are not just a tax consultant. The firm has helped us grow and manage the complex tax matters of today and has helped in planning for the future as well. Controls more than one-half of such Company’s total voting power either on its own or together with its one or more subsidiaries.

The Central Government exercises administrative control over these offices through the respective Regional Directors. Kalike Kalike, set up in Bengaluru, is the nodal organisation for the Kalike Samruddhi Upakram programme. Their aim is to enhance the quality of life for underdeveloped communities, through various interventions including education , livelihood, skill development and WaSH. Apple has also announced the opening of a new development office in Hyderabad for a team that will create Maps for Apple products. The office will generate up to 4000 new jobs and accelerate innovation in Maps.