A survey showed as much as 95 per cent of CEOs and MDs were against Sebi's mandatory guidelines the company's to declare their quarterly performance, Assocham said in a statement.
The study on 'Growth Trend of Small Savings Schemes' revealed that collections under different small saving schemes run by state and Central governments registered a 21 per cent drop in 2006-07.
The top five states cornered 30 per cent of the total investments.
The stock market boom would continue in 2006 on the back of strong macro-economic fundamentals, an apex industry chamber said on Friday.
India's domestic steel demand will remain buoyant despite international steel prices likely to remain firm at least for the next few years, according to an Assocham study.
Maharashtra, Gujarat, Uttar Pradesh, Haryana, Madhya Pradesh, Bihar, Meghalaya, Delhi, Himachal Pradesh, Rajasthan, Jammu & Kashmir and Punjab hit hard.
The staff cost of India Inc is increasing at a faster rate of 22 per cent than the growth in net profit and total income coming on the back of accretion in the headcount as also the higher pay packets, according to Assocham.
Union Bank, UTI Bank and HDFC Bank have the topped the list of banks that gave impressive returns to investors in 2004-05, according to a study by an industry chamber Assocham.
The power situation is likely to worsen in the country with as many as 16 major power plants facing critical supply of coal, barely adequate to meet their requirements of less than a week, an Assocham survey has said.
Steel, hotel, cement and IT sectors will continue to be top performers in the fourth quarter of the current fiscal year, an Assocham study projected on Tuesday.
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