The development comes after a recent notification from the Union home ministry, which has permitted companies to resume manufacturing operations and reopening of shops in red, green and orange zones with certain riders.
'If we chose to do the right things, it is possible to avoid job losses at a mass scale,' ABB MD Sanjeev Sharma tells Raghu Krishnan.
It came down from $1.94 billion in 2009-10 to $1.17 billion the next year and to $1.11 billion in 2011-12.
MAG was constituted by Department of Electronics and IT in February 2014.
Returning to 8 per cent growth needs speedy, decisive government action, the Prime Minister added.
The letter was also forwarded to Mukherjee, Law Minister Salman Khurshid and Commerce and Industry Ministry Anand Sharma.
The CII delegation includes many eminent names.
India's exports slid for the 11th straight month in August by 19.7 per cent to $14.3 billion as global demand for merchandise remained sluggish.
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.
Last year SBI's credit growth was 15.6 per cent.
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.
Traders are 'chowkidar' (watchman) of Indian economy, CAIT secretary general said.
The Land Acquisition Bill was cleared by the Union Cabinet on Thursday, making the consent of 80 per cent of owners mandatory for private projects.
As Amazon India, Flipkart are forced to shut down 60 categories and push out 45 mn products, a new lobby group comprising sellers is in the making to take up e-com concerns.
The CII has suggested a 5-point agenda on the measures that need to be undertaken by central and state governments to stave off the adverse effects of a deficient monsoon. Let's find out what this agenda is. . .
The probability of a global recession is low, even though the United States is growing slowly and Europe is experiencing negative growth, Reserve Bank of India Governor D Subbarao said on Friday.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
The current global financial crisis dominated the India Economic Summit's (IES) pre-event conference. The three-day event, being organised jointly by the World Economic Forum (WEF) and Confederation of Indian Industry (CII) from Saturday, would make its debut in this city after 26 years. The summit, an annual event, is usually held in New Delhi.
Speaking at industry association CII's annual session, PM Modi said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy. "On the one hand we have to safe the lives of our people and on the other hand we have to stabilise the economy and speed up the economy," he said. "Yes, we will definitely get our growth back," he asserted.
India and Russia have agreed to double bilateral trade within 3 years to $10 billion.
'You have come out with a package for the kisan.' 'You have a package for industry.' 'But has anyone addressed the issues concerning small traders?'
The Delhi Hotels and Restaurant Owners Association, which has more than 3,000 budget hotels and restaurants as members in the national capital, has written to the Confederation of All India Traders (CAIT) informing about the decision and the grouping's full support to CAIT's boycott Chinese goods campaign.
Mumbai's realty sector will protest against an alleged decision deficit and policy paralysis in both the state and central governments besides various pertinent agencies.
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.
Confederation of Indian Industry has asked Prime Minister Manmohan Singh to fast track economic reforms, which in turn would boost investments and accelerate growth, chamber's new president Adi Godrej said on Thursday.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
The government is concerned about the spyware and malware associated with imported telecom gear. India had demanded that global telecom gear makers place source codes and design elements in an escrow account.
Das was the chief mentor of CII for the last five years. Prior to being the chief mentor, Das was the Director General of CII from 1974 to 2004.
Concerned over the non-performance of some schemes over a long period of time, Sebi Chairman U K Sinha said that fund houses need to look into the matter and consider merger of some schemes.
Since September last year, when everyone realised that the global economic meltdown could not be wished away, industry groups have been dishing out data on job losses. Among these is the Confederation of Indian Textile Industry, which said a million jobs had been lost in the last financial year. Most textile companies expect the situation to improve by October this year.
Interchange fee is the amount charged by ATM operators for every transaction.
Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
The day, now called Technology Day to mark the anniversary of the tests, will see the government launching a company, under a public-private partnership between the Confederation of Indian Industry and the Department of Science and Technology, to attract the world's leading technologies and promote innovation in the country.
The lawmakers, speaking at a Capitol Hill event hosted by the Confederation of Indian Industry to release its new study about Indian companies investing heavily in the US and both saving and creating jobs, hoped that this message will alleviate the concerns over outsourcing and loss of American jobs among their constituents.
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
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