Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.
While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats.
Shriram Group of Companies, the major partner in the joint venture company New Horizons India Ltd, may sell up to 20 per cent of its 80 per cent stake to institutional investors in the next six months.
Ajay Piramal bets highly on infrastructure, realty
Led by Ajay Shriram, chairman and senior managing director, DCM Shriram, the CEO's delegation seeks to convey to their American counterparts the sense of optimism amongst Indian industry.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Endorsing Prime Minister Narendra Modi's vision of India outlined in his address to Parliament, India Inc said the efforts to improve farm productivity, rein in price rise and impart skills to youth will transform the nation in the days to come.
Corporate houses believe RBI must cut rates to boost investment in the system.
India Inc on Saturday cheered the road map for lowering corporate taxation.
Hailing Prime Minister Narendra Modi's Make in India campaign and the emphasis on ease of doing business, India Inc today said the initiative mirrors the country's ambition to sprint ahead in the global manufacturing race, thereby creating jobs and boosting economic growth.
The new Land Acquisition Act to provide just and fair compensation to farmers came into force from January 1, 2014.
'But we are much better than what we all had expected and planned, and what all the prophets of doom had predicted.'
On the telecom sector, he demanded auctioning of more spectrum.
Pitching for a non-adversarial tax environment, India Inc on Tuesday suggested reduction in tax rates on corporate as well as individuals to boost economic growth.
India Inc on Monday said the policymakers in the country must ensure corrective measures at the earliest to rebuild investor confidence.
The dust over the controversy around foreign direct investment (FDI) in the defence sector appears to have settled.
In the last couple of months, the Prime Minister has visited Japan and the US and launched the Make in India campaign to lure foreign investments into manufacturing sector.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
It is the six per cent target RBI is more concerned about.
Several CII defence committee members confirm this is now the official CII position, which conforms to that of industry bodies, Ficci and Assocham.
Real estate will prosper, small developers won't.
'And the top 10 per cent will grow because they have to serve the market.'
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
Business chambers now inviting start-ups for membership.
India Inc expects the RBI to cut interest rates by early next year.
The NITI Aayog's vice-chairman's charge holds ground.
New Horizons India Ltd -- the joint venture between US-based New Horizons Worldwide and Shriram Global Technologies -- will invest Rs 200 crore (Rs 2 billion) in the next three years to set up 250 IT Training Centres.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
A third of FMCG sales and half of motorcycle sales come from the hinterlands
The reforms will help FPOs procure directly from farmers, something that they have been pressing for long.
Economists expect Modi to announce big-bang reforms.
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
'One of the ways to do that is to ensure that NBFCs have got liquidity.' 'If we don't do that, this mood of gloom will continue.' NBFCs need to be provided with liquidity if they have to start lending.
Modi government has to come up with a robust economic agenda to impress the masses.
The IAF received a total of 13 awards including five Yudh Seva Medals and seven Vayu Sena Medal.
A total of 946 medals have been announced by the Union home ministry for personnel and officers of Central Armed Police Forces and state police forces, out of which three have been decorated with the President's Police Medal for Gallantry (PPMG) while 177 have been awarded the PMG.
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