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The Godrej reorganization is marked by elegance and could serve as a model for others. Indian business groups should also examine models used in the West and East for ways to ensure that ambitions of gaining size and going global are not compromised in the process.
INSEAD, a top global business school, is not planning to open a campus in India but remains dedicated to strengthening research ties with Indian companies. Dean Veloso highlights Indian student representation and discusses the school's engagement with top Indian multinationals and startups. He also emphasizes the importance of incorporating AI in education to prepare future leaders for tech-driven transformations.
It's not only the Indian markets that command a valuation premium over their global peers; shares of subsidiaries of India-listed multinational companies (MNCs) also trade at rich valuations compared to their parent companies. An analysis of 12-month forward price-to-earnings (P/E) and price-to-book (P/B) multiples of domestically listed MNCs shows that most quotes have a premium ranging from 2.1x to 6x that of their parent. Similarly, P/B, in most cases, is significantly higher in the domestic market.
MNCs at New Town and Sector V in Kolkata have started implementing green building norms to retain their collaborations with foreign companies. Find out more about the Indian Green Building Council's initiative.
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.