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.
Owing to the risk perception attached with the segment by banks, the residential realty segment has been increasingly relying on non-banking financial companies and housing finance companies to raise debt financing, reports Abhijit Lele.
The CII also hailed the exemption from seeking prior or post acquisition permission from CCI when an entity already holding 25 per cent or more stake in a company acquires up to 5 per cent additional stake in a financial year if its total stake does not cross 50 per cent.
The AIFF admitted that professionalism in Indian football is still a distant dream, as only six clubs satisfy the guidelines proposed by the Asian Football Confederation.
Going ahead with its festive sales as per schedule, companies such as Flipkart, Jabong, and Myntra are having week-long Valentines' Day sales, offering discounts of as much as 80 per cent. Amazon India is also offering discounts of almost 40 per cent.
Under MRA, Japan is to recognise Indian medical degrees and treat the country's doctors and other medical personnel on par with its own.
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
A section of traders and hawkers today staged protests in various parts of the country against the government's decision on FDI policy in multi-brand retail, the Confederation of All India Traders (CAIT) said.
'This visit will further the convergence of our political, economic and strategic interests,' Modi tweeted.
The decision to allow 51 per cent foreign direct investments in multi-brand retail has been put on hold by the government following strong objections from the Opposition and key United Progressive Alliance allies Trinamool Congress and Dravida Munnetra Kazhagam.
Norms for e-commerce likely, arm's-length pricing set for change.
As per the survey for January-March 2013, majority of India Inc (54.1 per cent), however, expects no change in their employment levels.
Credai is the apex body for real estate developers in the country and represents over 9,000 developers through 128 chapters in 20 states
The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.
During the negotiations held on May 5, IBA made two unacceptable propositions including an offer of 2 per cent hike in the wage bill cost as on March 31, 2017
International Finance Corporation plans to increase its investment to $1.0 billion this year in Indian companies, mostly engaged in manufacturing, infrastructure and financial sectors.
The ongoing economic slowdown seems to have weighed down on the confidence of India Inc.
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
There had been few signs of social distancing as thousands of farmers from Punjab and Haryana began their protest last week against the three new agro-marketing laws, setting off on a march to the national capital.
Measures to promote ease of doing business, cut in tax rates for smaller enterprises to 25 per cent, and reduction in interest rates are creating the right atmosphere for new businesses to flourish, particularly SMEs.
The three Lebanese referees charged with accepting sexual bribes from three women to fix an Asian Football Confederation (AFC) Cup match will go on trial from June 10 to 14, the Straits Times newspaper reported on Friday, citing their attorney.
A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms.
Returning to 8 per cent growth needs speedy, decisive government action, the Prime Minister added.
Industry had sought this 3-month extension, specifically for players struggling to collate the information that are required to be disclosed in the GST forms.
The youth have to turn into entrepreneurs if India's massive demographic dividend is to be taken advantage of: Smriti Irani.
Last year SBI's credit growth was 15.6 per cent.
His vision drove ITC to pursue business models that today support over 6 million livelihoods, many amongst the weakest in society.
The Confederation of All India Traders, the apex body of trade federations and small-scale sector players in the country, upped their campaign on Saturday against the United Progressive Alliance government's proposal to bring in foreign direct investment in multi-brand retail by another notch. The CAIT announced a nationwide campaign, 'Retail FDI bhagao, apne vatan ko bachao' (Chase out FDI in retail, save our nation) in the national capital on Saturday.
Surinder Kapur's relentless pursuit of quality made Kapur a highly efficient manufacturer of automobile components.
Chamber urges government to present industry-friendly and pro-investment Budget
In a statement signalling a change of regime at the Centre in the coming months, Gujarat Chief Minister Narendra Modi said in Gandhinagar on Friday that the country is looking forward to a "constructive" change within the next 182 days.
After a 27-year long alliance, the World Economic Forum (WEF) and the Confederation of Indian Industry (CII) have parted ways on organising the India Economic Summit, fuelling many theories on the reason. Both the organisations, however, sought to play down the development, saying it was a natural evolution for the Davos-based WEF to organise its event in India as it does in other regions.
Interchange fee is the amount charged by ATM operators for every transaction.
The recent Cabinet decision to allow 51 per cent foreign direct investment in the multi-brand retail sector in India has deeply divided the nation's political, social and trading classes.
The provisions of the bill related to the conditions on issuing H-1B visas is being opposed by Indian companies, who heavily rely in this category of work visas.
The provisions of the bill related to the conditions on issuing H-1B visas is being opposed by Indian companies, who heavily rely in this category of work visas.
Raising the share of manufacturing from about 17 per cent to 25 per cent of GDP is necessary, says S Gopalakrishnan.
Afghanistan is ripe and ready for more investments from India and offers a lot of opportunities.
In its new avatar as the Department for Promotion of Industry and Internal Trade (DPIIT), it will directly be responsible for 'the welfare of traders and their employees'.
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