Finance Minister Jaswant Singh on Tuesday approved 23 foreign direct investment proposals involving Rs 40.76 crore (Rs 407.6 million) including that of US-based Pitney Bowes to set up a wholly-owned subsidiary in India.
Deepak Chopra, till recently president and chief executive officer, Pitney Bowes (Canada and Latin America), has been appointed president and CEO of Canada Post, the country's largest employer.
Unique benefits, work-life balance, and fair share of profits were the top three areas where MNCs fared better over Indian companies
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