Telecom Minister Kapil Sibal on Friday said the mobile phone operators must move from voice-based revenue model and customers should gradually be charged only for data services and not for making calls.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
Tata-owned Jaguar Land Rover plans to generate 4,500 manufacturing and engineering jobs in London over next five years, JLR executive director Mike Wright has said.
He sought to know from the industry if it wanted India to become a no-tax country.
CAG has said the government suffered a presumptive loss of Rs 1.86 lakh crore (Rs 1.86 trillion) in coal block allocations during 2004-2008, when Prime Minister Manmohan Singh held the coal portfolio.
Expressing dissatisfaction over the RBI decision to keep interest rates unchanged, India Inc today said rate cuts were needed to make the industry invest more and drive economic growth.
Experts believe that the industry has the potential to grow at an accelerated 15-20 per cent CAGR for the next 10 years to reach between $49 billion to $74 billion in 2020.
The proposed India-European Union free trade agreement (FTA), which seeks to liberalise trade in goods and services, could be materialised by this year, EU Ambassador to India Joao Cravinho has said.
Indian industry is disappointed with RBI's decision to leave interest rates unchanged and said an opportunity is lost in reviving the growth momentum in the economy.
Tough measures need to be taken to make Air India "survive and thrive", global airlines body IATA said on Wednesday, asking the government to take a cue from the merger of two state-owned Japanese carriers which slashed jobs and operations to come out of bankruptcy.
Khichdi -- prepared using rice, pulses, coarse cereals and spices -- has been selected as Brand India Food
From inspiring stories of women who have carved a niche in their career to differently-abled women who fought against social and psychological barriers, the CII event was an eye-opener to the fact that India still has a long way to go towards women empowerment
Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.
Expressing concerns over slow industrial production growth, industry today asked the Reserve Bank to cut rates in its policy review next month to boost investments and bring the growth back on track.
A 7-yr legal tussle over Haldia Petrochemicals looked close to being resolved. But when Mamata Banerjee upped the ante, it was back to square one for investor Purnendu Chatterjee.
Budget would have cascading impact on inflation and consumer demand.
Finance Minister Pranab mukherjee presents his 7th Budget.
The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.
The development comes on the heels of reports that CBI is planning to lodge an FIR against the officials of Airbus' parent company EADS, Indian Airlines and the aviation ministry for the inordinate delays in executing the project.
Exuding confidence that India will be able to come out of every difficult situation, Finance Minister Pranab Mukherjee on Tuesday said the country needs to be ever ready to respond to external shocks on real time basis.
Even though option to invest as a company is available, many FPIs have chosen trust route to enjoy less tax or zero tax through tax havens such as the Cayman Islands and Luxembourg.
The government's move to set up a regulator for the coal sector would help bring in transparency, encourage exploration and enhance quality of the dry fuel, India Inc said on Friday.
India's infrastructure financing requirements and the new manufacturing policy being finalised will open up $1 trillion opportunities for global investors over the next five years.
"India and Indonesia can do much more in the changing world," Sharma said at a reception hosted by the India-Indonesian Chamber of Commerce last night.
A majority of respondents expect the number of jobs generated to increase in 5 years.
The industry today said the Economic Survey has reaffirmed reforms agenda in areas like agriculture, education and skill development but several other risk factors to the growth of the corporate sector has been "glossed over."
This is India's greenest building and one of the most eco-friendly buildings in the world.
India Inc welcomed the Railway Budget by describing it as "balanced" focused on passenger safety and infrastructure modernisation.
RBI has taken a balanced approach in the credit policy considering various developments across the globe and their near term impact.
Economy grew at 7.9 per cent in the fourth quarter of 2015-16 taking the overall GDP growth to a five-year high of 7.6 per cent in the fiscal, mainly on account of good performance of manufacturing sector.
The Telecom Ministry, which has sought a legal opinion on cancellation of some telecom licences for failure to meet roll-out deadlines, on Friday said the process of issuing notices over 35 licenses will be completed by March next year.
To a question on the latest Index of Industrial Production Data, RBI Deputy Governor said concerns had been raised about IIPD for sometime now.
Jyoti 'Jay' Chaudhuri, general counsel and senior adviser to the state treasurer of the US state of North Carolina, was elected chairman of the board of the Council of Institutional Investors, last month.
Admitting that the benefits of high growth have not reached a large section of the country, Finance Minister Pranab Mukherjee said inclusive growth cannot be achieved without removing corruption.
"We are seriously considering raising the bar further- that means to allow increased FDI," Commerce and Industry Minister Anand Sharma said at a CII event on Indian luxury market.
Government-industry relations seem to be hitting a new low. But without co-operation, a recovery in 2012-13 will be impossible, says former chief mentor of CII, Tarun Das.
India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally.
India's second largest software exporter Infosys Ltd is eyeing big opportunities in cloud computing but advocates that there is need to put in place a policy framework for the same.
As India's investment rate is estimated to decline this financial year, industry chamber CII has asked Finance Minister Pranab Mukherjee to give a boost to investments in the forthcoming Budget, but economists believe a rollback of stimulus may continue.
India Inc's investment spirit is down. A majority of leading CEOs expect domestic investments and money infusion abroad by Indian companies to grow by less than 10 per cent or to decline during 2012, in view of the current economic slowdown.
