Bharti Airtel boss Sunil Mittal already heads the Confederation of Indian Industry (CII). Former BPL Mobile boss Rajeev Chandrasekhar is slated to take over as Federation of Indian Chambers of Commerce and Industry (Ficci) president.
Confederation of Indian Industry has sought higher banking exposure norms for lending to steel projects and infrastructure status to the steel industry, besides tax sops on par with special economic zones to boost the sector.
Several fiscal and monetary incentives since December 2008 helped the industry to recover into a growth trajectory. The 10 per cent plus growth in manufacturing, basic goods, mining, electricity has been buoyed by these measures, Confederation of Indian Industry said.
Senator Amy Klobuchar, Minnesota Democrat, praised Essar Americas for saving an iron-ore mine in her state.
In India, these global retailers exported goods worth $725 million in 2010. Modern retail constitutes 6.5 per cent of the $435-billion overall Indian retail market.
We are solid, and what we are now looking for is a steady explosion of economic cooperation between India and the US, Tarun Das tells rediff.com
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.
In his first interaction with India Inc, Rahul Gandhi said the politics of alienating communities is affecting growth.
On the back of recent controversies involving the release of Niira Radia tapes, allocation of 2G spectrum and alleged financial irregularities in the Commonwealth Games, the Confederation of Indian Industry (CII) plans to launch a "moral leadership" campaign to combat the rising incidents of corruption.
He says conditions for entrepreneurship and SMEs needed to be improved for the sake of growth in economy and employment opportunities.
The Confederation of Indian Industry has revised its projection of the GDP growth this fiscal from 6.5 per cent to seven per cent.
Surinder Kapur's relentless pursuit of quality made Kapur a highly efficient manufacturer of automobile components.
Economic growth slipped to a nine-year low of 6.5 per cent last financial year, but India Inc fears further deceleration in the GDP expansion during 2012-13, shows a survey.
Amit Goyal, president, Confederation of Indian Apparel Exporters, plans to reduce the number of companies his group Sarju International
India drops two places from its last year's position on the Global Innovation Index 2013.
Ratan Tata, an iconic corporate leader, retired as Chairman of the $100-billion Tata Group on Friday after a 50-year run, on his 75th birthday.
France has eased the norms for mobility of employees to the country.
Congress Vice President Rahul Gandhi on Thursday delivered his much-awaited speech at the annual general meeting at the Confederation of Indian Industry.
The private sector, the Prime Minister said, needs an environment in which enterprise can flourish and create both jobs and stimulate growth to ensure that it remains inclusive.
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
Congressman Ami Bera, the only Indian-American lawmaker in the current Congress, has been invited by President Barack Obama to travel with him to India on Air Force One.
The Department of Industrial Policy and Promotion is closely working with the Reserve Bank of India, DIPP's joint secretary Gopal Krishna told reporters in New Delhi at a Confederation of Indian Industry function.
The construction of the proposed network of 18,637 km of expressways in the country would cost more than $100 billion, according to a senior transport ministry official.
The study draws attention to the contribution of the Indian industry
Last year, over 200 companies adopted 300 ITIs in the country and the involvement is gaining pace.
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.
It has suggested a provision for setting up land bank corporations to facilitate acquisition and disbursement of land for industrial use.
On the first day of the 10th Pravasi Bharatiya Divas in Jaipur, India sought investors to fulfill its goals in the field of solar energy, report Priyanka
The government has imposed a service tax of 10.3 per cent on the gross value of tickets of all classes on the domestic flights and economy class on international routes.
The Confederation of Indian Industry (CII) will adopt 15 Industrial Training Institutes (ITIs) to convert them into centres of excellence.
The Congress on Thursday brushed aside comparisons between Rahul Gandhi with Gujarat Chief Minister Narendra Modi saying only those interested in propping up the Bharatiya Janata Party leader indulged in such acts.
The Congress on Thursday brushed aside comparisons between Rahul Gandhi with Gujarat Chief Minister Narendra Modi saying only those interested in propping up the Bharatiya Janata Party leader indulged in such acts.
The Bharatiya Janata Party on Thursday described Rahul Gandhi's speech at a Confederation of Indian Industry programme as that of a "confused leader" which reflected the fear of the emergence of Gujarat Chief Minister Narendra Modi in national politics.
Returning to 8 per cent growth needs speedy, decisive government action, the Prime Minister added.
Independent directors of Satyam Computers, who agreed to the company's proposal of buying out two promoter-related companies, failed to be independent in 'spirit', industry captains said.
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. . .
