Days after the government went public with its intent to examine a Sebi order in the NSE matter, its outgoing chairman Ajay Tyagi on Wednesday made it clear that the markets regulator did not "dilute" any of the quasi-judicial verdicts. The comments assume significance as they come after Finance Minister Nirmala Sitharaman, as per reports, recently said the government is examining if Sebi has taken "necessary punitive" action in the case. In a media interview, the FM had said the government was analysing if there had been "enough application of mind in dealing with this" and if after applying its mind, Sebi took adequate corrective steps.
The Federation of Indian Airlines, the group formed by various carriers, has appointed Amitabh Khosla from CII as Executive Director to head its secretariat and plans to have a Director General later.
Days before the national biofuel policy is taken up by the Union Cabinet, the Confederation of Indian Industries has demanded incorporation of enough "flexibility in the biofuel blending mandate" based on the availability of such fuels.
Pointing out there is complete awareness of what needs to be done, who needs to do it and the urgency to get it done, Damodaran said the only thing missing is its execution.
Following its conversion into a corporate body, the Bombay Stock Exchange on Wednesday said it will strengthen its governance standards and practices and expected listed entities to diligently follow governance norms.
"If the government is going to borrow from the market to fill the fiscal deficit, then they are going to suck up all the money available in the banks and we will be crowded out," the new CII president Venu Srinivasan told reporters in New Delhi. Pitching for monetisation of the budget deficit, he said, "It means printing notes. Which means you have the risk of increasing inflation but at the same time you will keep the economy afloat".
The Company Law Amendment Bill is aimed at protecting the interest of investors with stiffer disclosure norms. It proposes tougher penalties for defaults by managements.
The CII delegation includes many eminent names.
Oxford University has signed a memorandum of understanding with the Confederation of Indian Industry to set up India Business Centre.
In terms of microeconomic parameters such as return on capital, development of domestic entrepreneurship and corporate governance, India is ahead of China, which is more essential for long term growth.
Terming inflation as a key challenge, the Confederation of Indian Industry on Thursday said the government is worried, but not panicked, that rising prices may go to levels where controlling it could become difficult.
Says Satyam is not a commodity. B K Modi of Spice had earlier pushed for e-auction, for its transparency.
Addressing the CII annual session, he also indicated to further liberalisation of policies to attract more FDI and FII funds, promote external commercial borrowings, service exports and tourism.
India will go beyond being a services hub to become the food factory of the world, and the industry must come together on this front.
As the president of Assocham, Dhoot has asked Confederation of Indian Industry and Ficci to join him in requesting the prime minister to reconsider the move to ban states from acquiring land.
Riding high on the buoyant economy, an overwhelming majority of the India Inc lists innovation among the top three strategic priorities as compared to their global counterparts, a survey says.
Looking to complete its range of vehicles in the automobile sector, two-wheeler major Bajaj Auto has embarked on a four-year programme to develop a quadricycle for the Indian market.\n\n
The Forum is organised by Singapore Indian Chambers of Commerce and Industry, with the partnership of state-trade agency IE Singapore, the Confederation of Indian Industry and the Singapore Chinese Chamber of Commerce and Industry.
Bharti Airtel, India's largest private cellular operator, on Thursday announced an investment of over $2 billion (Rs 9,000 crore) in 2007-08 to expand network.
A meeting to discuss what goods should be included in the negative list of items for India-European Union Free Trade Agreement, was held here recently.
A team of more than 60 people under Neeraj Mittal, an IAS officer, was instrumental in getting up the New Industrial Policy 2021 targeting investments of around Rs 10 trillion by 2025.
Commerce Minister Arun Jaitley will inaugurate 'Made in India' show in Beijing on October 16.\n\n\n\n
E-commerce is driving thoughts of customers.
The Yale University and the Confederation of Indian Industry are jointly holding two panel discussions on India in New York later this month, featuring corporate leaders like Indra Nooyi and Nandan Nilekani.
Israel Prime Minister Ariel Sharon's visit to India is set to establish a strong business platform at the highest level between India and Israel, Avigdor Itzchaky, director general, Prime Ministers Office, Israel, said.
