The two apex chambers -- Federation of Indian Chambers of Commerce and Industry and the Confederation of Indian Industry -- said it was time corporate India did some serious introspection and improved governance standards. CII president K V Kamath said there was a 'need to immediately examine the loopholes in regulation, accounting, audit and governance that allowed such lapses to occur and address them with urgency'.
Particularly hit has been the apparel sector, where the time taken by the industry to adjust to the Goods and Services Tax regime, downward revision of export incentives, and a credit squeeze faced by small and medium scale enterprises, has pushed production downwards.
India's Textiles Minister Shankersinh Vaghela Thursday stressed the need for Asian countries to come together to enhance competitiveness and harness their advantages to withstand global competition.
The plea, filed through advocate Vivek Narayan Sharma, had said that the public interest litigation was necessitated due to the alleged failure of the Centre in carrying out its constitutional duty and responsibility to protect the rights to privacy and freedom of speech and expression of the citizens of India.
Qatar's Akram Afif has been named Asian Player of the Year at the Asian Football Confederation's annual awards in Hong Kong on Monday, with Saki Kumagai from Japan claiming the women's prize.
India may become a wheat importing country with a lower than expected output forecast for this year at a time when domestic consumption has already outpaced production, a commodity expert said on Tuesday.\n\n
The annual ball, renamed this year as 'India soiree', showcased the food, fashion and performing arts of the country.
Oxford University has signed a memorandum of understanding with the Confederation of Indian Industry to set up India Business Centre.
The Centre said on Wednesday it had made a good offer for the proposed Free Trade Agreement with the Association of South East Asian Nation and is awaiting ASEAN's reactions to it.
The ISL champions would also be entitled to a play-off place in the AFC Champions League and the I-League champions would take a place in the AFC Cup.
Addressing the annual meeting of the Confederation of Indian Industries, the prime minister said, India has a responsibility and a right to participate in the management of these global challenges. Pointing out the poor response to the ongoing energy crisis, he said the world oil demand rose by just one per cent per annum over the past two years, crude prices shot up by over 90 per cent in dollar terms and 40 in Euro terms.
Congress President Sonia Gandhi on Monday suggested that corporate India should join the public sector and civil society in facilitating social change, while outlining primary education, health and nutrition as areas where the three could collaborate
The exact nature of the breach by BFC was not specified but sports minister Ahmed Mahloof termed it as 'unacceptable'.
Commerce and Industry Minister Kamal Nath said on Saturday that India now must gear up for agricultural exports apart from export of manufactured goods and services.
Finance minister P Chidambaram will inaugurate the 20th India Economic Summit to be held from December 5-7, 2004.
Riding high on the buoyant economy, an overwhelming majority of the India Inc lists innovation among the top three strategic priorities as compared to their global counterparts, a survey says.
With India emerging as an economic super power and a leader in the IT and biotechnology sector, Japan is keen on investing in the country, a former Japanese minister said in New Delhi on Thursday.
Summary of sports events and persons who made news on Saturday
The Indian establishment in New Delhi is giving Putin's visit due importance.
I-League-ISL merger likely after three years
According to Staermose, the main issue is that the changes in labour laws should be done after holding extensive tripartite consultations.
First Goa, now Gujarat!
India is ready to further cut import tariffs on industrial goods for using it as a strong bargaining point in World Trade Organisation negotiations, Commerce and Industry Minister Kamal Nath said on Monday.
The India@60 event seeks to attract the world's attention, particularly that of the global Inc, to India by portraying its strengths -- democracy, diversity and demographics -- which have powered the sub-continent nation's development.
Electoral politics is going to be an important part of farmer protests going forward.
Idea is to bring stakeholders together and explore ways to increase export of services from India.
Speaking at an event in New Delhi, jointly held by National Thermal Power Corporation and the Confederation of Indian Industry, he added that developing countries should also not expect any financial or technical assistance from developed nations to help reduce their carbon footprint.
India Inc's initiative to adopt Industrial Training Institutes (ITIs) across the country is facing problems because of low level of cooperation on the field as well as red-tapism, industry lobby groups have claimed.
Young Indians, part of the Confederation of Indian Industry, invites you to attend a two-day social summit, Transforming India: Making it Happen.
India's manufacturing sector was lagging behind China and should be strengthened to increase competitiveness with that country, a study conducted by Confederation of Indian Industry and McKinsey said.
India have been clubbed in Group E along with Bangladesh, Uzbekistan and Syria for next year's qualifiers of the Asian Football Confederation Under-23 Championship 2016.
Success of Nokia in India has motivated Finnish companies to look at the country as an attractive investment destination, especially its lucrative telecom sector.
Drastic cut in interest rates by the US to avert a recession will affect India, but New Delhi will take steps to counter such an impact, Finance Minister P Chidambaram said on Thursday.
The cash-rich Indian Super League has been finally granted official recognition by the Asian Football Confederation (AFC), meaning there will be two national leagues in the country from 2017-18.
Defending champions Japan won the first qualifying match in the AFC Asian Cup 6-0.
India has been asked to support the proposed 'Global Arms Trade Treaty' set to be discussed at the United Nations General Assembly next month by a confederation of NGOs from across the world Wednesday.
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