Carona Shoes Carona Shoes Incorporated in 1953, Carona Shoes, managed by the Sahu family till 1984, was earlier called as Carona Sahu Shoe company. In 1984, the company headquarters in D N Road (near Fort) was engulfed fire and in one sense the slide began from there. In 1984, the company was acquired by the Khataus after which it got the present name. The company used to manufacture canvas and rubber footwear of all kinds. It had its manufacturing facilities in Mumbai (Jogeshwari), Aurangabad and Ahmedabad. In 1989, the company entered into a technical agreement with Puma AG Rudolf Dassler Sport, Germany,
Multinational corporation Multinational corporation Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including "Forbes Global 2000" companies. Multinational corporations are subject to criticisms for lacking ethical standards, and that this shows up in how they evade ethical laws and leverage their own business agenda with capital, and even the military backing of their own wealthy host nation-states. They have also become associated with multinational tax havens and base erosion and profit shifting tax avoidance activities. A multinational corporation (MNC) is usually a large corporation incorporated in one country which produces or sells goods