ICICI bank CEO and CII president K V Kamath told the media on the eve of the two-day national council in Hyderabad that 'skilling' was the key area and big challenge for the country.
The Inter-Ministerial Group for modernising Delhi and Mumbai airports would shortlist the preferred bidders for the airport revamp joint ventures within the next few days, Civil Aviation Minister Praful Patel said on Wednesday.
Indian economy is well tuned to clock at least over six per cent annual growth for the next five years, Planning Commission member N K Singh said.
Stating that India is not witnessing a slowdown in investment, Confederation of Indian Industry president K V Kamath said on Thursday that the country would continue to grow at a healthy rate of 8.6 per cent for the next five years.
Indian software giant, Wipro said on Thursday that it was developing a low-cost computer that would run on low power and would have inbuilt source of two hours of standby power supply.
India Inc enables the US' frostiness to India.
Business tycoon Ratan Tata feels that it is better to give 'equal opportunities' to all and create a level playing field instead of extending reservation benefits in the private sector.
The Confederation of Indian Industry has sought more flights to Sri Lanka for boosting bilateral trade between New Delhi and Colombo.
According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.
"If half a dozen other developing countries could do it, India can too. There are some things we need to do and if we do them right, there should be no doubt about achieving the projected growth rates," Ahluwalia said.
Experts said a future rate cut would depend on the inflation.
He asserted that the UPA's communist allies would prove to be a 'liability' in achieving any good.
Confederation of Indian Industry president Ashok Soota said on Friday that India should take up at the World Trade Organisation the issue of protectionism that affects natural movement of professionals across borders.\n\n\n\n
With domestic production of milk and dairy products in China not being able to meet the rising demand, India can step in to capture this fast growing market, a Confederation of Indian Industry report said.
Besides meeting his counterpart, he will also attend the Aero-indian show and have sessions with the CII and FICCI.
Divestment also was not covered. One would have expected divestment to be a major instrument for raising fund for various projects, as was the case in the last 3-4 budgets but we did not see it at all.
Internet infrastructure major Sun Microsystems in planning to ramp up its Bangalore development centre by adding another 200 professionals.
Fiscal benefits available under Section 80-IA of the Income-Tax Act to power projects should be extended till 2015 instead of March 31, 2010, according to the Confederation of Indian Industry.
The government has decided to abolish the restrictive provision of Press Note 18 for all future joint ventures with foreign partners, Prime Minister Manmohan Singh said on Wednesday.
Over 950 automobile and ancillary companies from 26 countries will take part in the seventh Auto Expo, slated to begin in New Delhi on Thursday.
Former US secretary of state Henry Kissinger on Saturday said he was hopeful of a solution to the Indo-US civil nuclear deal in the near future.
'Price spike shaved 1 percentage point off GDP growth'.
Over 50 management institutes from South India will participate in 'Managemantra-2004,' a two-day event that begins Chennai on November 5 to showcase young managerial talent to companies for on-the-spot recruitments.
The Singapore government has chosen Tarun Das, chief mentor of Confederation of Indian Industry, for the prestigious Singapore National Day Award for 2004.
