Royalty Raj: HUL reopens Pandora's Box
The Morning Brief
00:00
Is It Unfair to Charge Royalty to a Company?
Royalty also seems unjustified when an MNC creates a separate subsidiary in the Indian market, IIAS says. The split of Hiro Honda, one of India's oldest and most successful joint ventures is a case in point here. A slew of payments made in the name of technical know-how fees, operation support, and cost of expatriates are levied on the Indian arms of global companies.
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