Tll not very long ago, multinationals were considered the eliteamong companies in India: They paid the best salaries, posted thebiggest profits and their scrips were the darlings of the stockmarkets. But with the unfurling of the India growth story over thepast decade or so, most of them have been overtaken by their home-grown counterparts that have wowed the world by their scorchinggrowth and expansion and creation of phenomenal wealth for theirpromoters and shareholders in just a few years. It would appear theMNCs have missed the bus altogether. But that's not quite true. Someof them like ABB and Siemens that are engaged across theinfrastructure space have managed to hold …

No comments:
Post a Comment