News for 'Business Council'

'Believe me, nobody can do reassurance better than Mr Modi'

'Believe me, nobody can do reassurance better than Mr Modi'

Rediff.com1 Oct 2023

'You ain't seen anything yet,' EAM Jaishankar says about the India-US relationship.

Parliament washed out again over Rahul apology, Adani

Parliament washed out again over Rahul apology, Adani

Rediff.com21 Mar 2023

Parliament remained paralysed for the sixth day in a row on Monday due to protests from rival sides.

For first time UK puts support for India in UNSC in policy document

For first time UK puts support for India in UNSC in policy document

Rediff.com13 Mar 2023

The UK government made its first major commitment to support UN Security Council reforms and India's permanent membership within it as part of a refreshed defence and foreign policy review tabled in Parliament on Monday.

Exports decline by 22% to $32.97 bn in Jun, steepest monthly fall in 3 yrs

Exports decline by 22% to $32.97 bn in Jun, steepest monthly fall in 3 yrs

Rediff.com14 Jul 2023

India's exports contracted by 22 per cent, the steepest decline in the last three years, to $32.97 billion in June on account of global demand slowdown, especially in the Western markets like the US and Europe. According to the data of the commerce ministry, the trade deficit in June stood at $20.3 billion against $22.07 billion in the same month last year due to a fall in exports and imports. The inbound shipments during the month under review declined by a steep 17.48 per cent to $53.10 billion.

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

Rediff.com6 Mar 2023

Confirming a meeting with the top management of the Adani Group, Life Insurance Corporation Chairman M R Kumar said on Sunday that the interaction had gone well. "There's nothing I can state as of now on the outcome of that meeting. "But yeah, we've had the meeting....we are quite happy about this meeting," Kumar said on the sidelines of the 22nd Global Conference of Actuaries in New Delhi.

Karnataka, Gujarat best for investment: US

Karnataka, Gujarat best for investment: US

Rediff.com7 Jan 2011

Gujarat and Karnataka are the "role models" of a competent and transparent government and a progressive leadership that can attract investors in the coming years, according to a leading US business forum representative.

Kushwaha holds JD-U meet, not official says party chief

Kushwaha holds JD-U meet, not official says party chief

Rediff.com19 Feb 2023

Barring dissident MLC Rameshwar Mahto, who has an axe to grind against some ministers close to the CM, legislators and office bearers of the party chose to give the session a wide berth.

Vice-President Meets Qatar PM

Vice-President Meets Qatar PM

Rediff.com7 Jun 2022

Qatar may have led the Muslim world's angry protests over statements made by a Bharatiya Janata Party spokesperson and a BJP leader, but Vice-President Muppavarapu Venkaiah Naidu's two-day visit to Doha over the weekend went off largely without a hitch.

'Yes, we are coming back'

'Yes, we are coming back'

Rediff.com18 Sep 2023

'I want us not to underestimate Indian voters. They can tell good work from bad.'

Wipro Consumer to launch snack brand, focus on southern markets

Wipro Consumer to launch snack brand, focus on southern markets

Rediff.com20 Apr 2023

Wipro Consumer Care and Lighting on Thursday announced the acquisition of Brahmins - a Kerala-based traditional vegetarian, spice mix and ready-to-cook brand - and it has also drawn up plans to launch its snacks brand targeting the southern market. The company will focus on the southern market and is in the process of launching its own brand in the fast-growing ready-to-eat and snacks segment, Wipro Consumer Care and Lighting and managing director Vineet Agrawal told PTI. He further said Wipro Consumer Care and Lighting would take the acquisition route for expanding in the spices segment.

'We must not be retreating into the confines of protectionism'

'We must not be retreating into the confines of protectionism'

Rediff.com4 Nov 2010

Ron Somers, president, US-India Business Council, discusses American business and industry's expectations and responsibilities from the Obama's visit.

Ministers' group on GST agrees to disagree on pruning exempted items list

Ministers' group on GST agrees to disagree on pruning exempted items list

Rediff.com18 Jun 2022

The GoM is likely to submit an interim report to the Council on pruning the list of items that at present do not attract the levy.

N-tech: US firms want level playing field in India

N-tech: US firms want level playing field in India

Rediff.com20 Apr 2010

Ron Somers, president, US-India Business Council, which lobbied to get the US-India nuclear technology deal approved, like the rest of the American business fraternity, is upset by India's recent purchase of nuclear reactors and sophisticated technology and weaponry from Russia.

'Opening of India's retail sector will happen'

'Opening of India's retail sector will happen'

Rediff.com21 Dec 2011

Ron Somers, president of United States-India Business Council, has termed the Indian government's rollback of foreign direct investment in the multibrand retail sector as yet another addition to the disappointments American business and industry has had to endure.

UK sees big infrastructure opportunities in India

UK sees big infrastructure opportunities in India

Rediff.com4 Sep 2009

Massive new opportunities are opening up for building roads, bridges and other infrastructure facilities for UK businesses in India, UK-India Business Council Chairperson Patricia Hewitt said.

Maharashtra assembly's monsoon session postponed

Maharashtra assembly's monsoon session postponed

Rediff.com15 Jul 2022

The monsoon session of the Maharashtra legislature, slated to begin on July 18, has been postponed, a senior official said on Friday.

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Rediff.com12 Sep 2023

Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.

Big money, big names: Major League Cricket looks to crack US market

Big money, big names: Major League Cricket looks to crack US market

Rediff.com20 Jul 2023

Five years after USA Cricket shared its plans to launch a domestic T20 tournament, the inaugural edition of the MLC kicked off having assembled an impressive array of investors.

Yogi Joins MoSha on Gujarat Poll Trail

Yogi Joins MoSha on Gujarat Poll Trail

Rediff.com30 Nov 2022

On Tuesday, November 29, 2022, the final day of campaigning before Thursday's first phase of the Gujarat assembly election, the Bharatiya Janata Party fielded an array of leaders to canvass votes for the party that has ruled the state since 1995.

Obama's Mumbai visit: The big picture

Obama's Mumbai visit: The big picture

Rediff.com6 Nov 2010

Business leaders chart plans to boost two-way growth.

Obama biz meet: Top industrialists to attend

Obama biz meet: Top industrialists to attend

Rediff.com27 Oct 2010

The US-India Business Council (USIBC) in coordination with the Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce & Industry (Ficci) is preparing a list of invitees for the business summit to be addressed by visiting US President Barack Obama.

US seeks stronger educational ties with India

US seeks stronger educational ties with India

Rediff.com13 Oct 2011

US Deputy Secretary of State Williams J Burns said that several Indian leaders -- both business and political -- educated in the US are testament to the quality of an American education.

NCERT drops Darwin from class 10 textbook, 1800 scientists protest move

NCERT drops Darwin from class 10 textbook, 1800 scientists protest move

Rediff.com24 Apr 2023

More than 1,800 scientists, science teachers and educators have written an open letter raising concerns about the chapter on 'Theory of Biological Evolution' being dropped from the NCERT textbook for Class 10.

US will not lose long-term bet on India: Nirupama Rao

US will not lose long-term bet on India: Nirupama Rao

Rediff.com15 Sep 2011

Like in any expanding relationship, there will always be transactional issues to address between the two sides, says Rao.

WOW! A Fashion Show In The Metaverse!

WOW! A Fashion Show In The Metaverse!

Rediff.com5 Jul 2022

'You can choose who you would like as your showstopper.' 'You have the freedom to create your own background -- sun, moon and the stars, which may sometimes not be possible in a physical show.'

Congress moves breach of privilege notice against Modi for Nehru surname remark

Congress moves breach of privilege notice against Modi for Nehru surname remark

Rediff.com17 Mar 2023

Congress leader K C Venugopal on Friday gave Rajya Sabha chairman Jagdeep Dhankhar a breach of privilege notice against Prime Minister Narendra Modi over his remarks on why former prime minister Jawaharlal Nehru's family did not use his surname.

'US nuke firms want a level playing field'

'US nuke firms want a level playing field'

Rediff.com10 Apr 2010

The delay in the Nuclear Liability Bill, which has faced vehement protests by the Opposition in Parliament, has become a worrying factor for United States business and industry circles.

Budget: USIBC seeks reforms in India's healthcare

Budget: USIBC seeks reforms in India's healthcare

Rediff.com15 Feb 2013

In a pre-budget memorandum, submitted to the Union Finance Minister, P Chidambaram, the US India Business Council said it was concerned over the several recent policy initiatives of the Indian government in this regard.

American biz body's wishlist to boost Indo-US trade to $500 billion

American biz body's wishlist to boost Indo-US trade to $500 billion

Rediff.com19 Mar 2014

The USIBC calls for legislation and implementation of the plan that provides certainty in India's international tax treaties and investment structures.

Budget 2022: Jewellers want gold import duty cut to 4%

Budget 2022: Jewellers want gold import duty cut to 4%

Rediff.com18 Jan 2022

Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold to 4 per cent from 7.5 per cent and a special package for the sector in the forthcoming Budget to boost shipments. As part of its pre-Budget recommendations, the council has also suggested a reduction in the import duty on cut and polished diamonds; cut and polished precious and semi-precious gemstones from 7.5 per cent to 2.5 per cent. "If (gold) imported at 4 per cent duty rate....working capital amounting to Rs 225 crore would be blocked instead of Rs 500 crore," the council said in a statement.

America Inc for bilateral trade treaty with India

America Inc for bilateral trade treaty with India

Rediff.com24 Jun 2011

USIBC urged a serious evaluation of a more specialised bilateral economic arrangement.

Meet the new faces in Modi's council of ministers

Meet the new faces in Modi's council of ministers

Rediff.com5 Jul 2016

Rediff.com gives you a look at newbies in the Council of Ministers

Excise policy: Digi proof from Delhi hotel exposed influence of 'South Lobby'

Excise policy: Digi proof from Delhi hotel exposed influence of 'South Lobby'

Rediff.com28 Feb 2023

The officials said the members of the South Lobby, which wanted to swing the policy in its favour with exorbitant profits for liquor wholesalers, had stayed in the hotel in the national capital from March 14 to 17 in 2021 and used its business centre to make photocopies of some documents.

Mr Prime Minister, bring up immigration issue directly with Obama

Mr Prime Minister, bring up immigration issue directly with Obama

Rediff.com27 Sep 2013

The comprehensive Senate immigration reform legislation, America Inc thinks, will adversely affect Indian IT companies and will have an inimical spillover impact on American firms too.

India vs Pakistan Test at Melbourne Cricket Club?

India vs Pakistan Test at Melbourne Cricket Club?

Rediff.com29 Dec 2022

MCC expresses interest to host Indo-Pak Test after T20 WC clash success

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Rediff.com17 Mar 2023

Life insurance companies reported a 17 per cent year-on-year (YoY) drop in new business premium (NBP) in February as state-owned Life Insurance Corporation of India's premiums contracted 32 per cent during this period on account of a drop in its group single premium segment. According to data released by the Life Insurance Council, the industry earned an NBP of Rs 22,847.65 crore in February - a drop of 17 per cent from the same period a year ago.

Obama to visit Mumbai on November 6

Obama to visit Mumbai on November 6

Rediff.com5 Oct 2010

United States President Barack Obama will visit Mumbai on November 6, during his four-day mission to India, US-India Business Council announced on Monday.

Rajapaksa in UK row over human rights

Rajapaksa in UK row over human rights

Rediff.com6 Jun 2012

Sri Lankan President Mahinda Rajapaksa's scheduled speech on Wednesday at the Commonwealth Economic Forum was cancelled, amid concerns about possible demonstrations by Tamil groups protesting against human rights violations in his country.

How India Inc can transform the society

How India Inc can transform the society

Rediff.com15 Sep 2010

There is a case for more stringent evaluation of CSR plans based on voluntary allocations, but a rule-based approach might be more effective.