Bajaj Auto chairman Rahul Bajaj on Tuesday said his company could consider selling its holding in the Firodias-controlled Bajaj Tempo, now rechristened Force Motors.
CII will have a three-pronged approach. First, the chamber will concentrate on consumers and will urge companies to focus on the end users, says N Srinivasan.
E-retailers with foreign investments may now find it difficult to provide discounts.
India and EU on Monday agreed to resume stalled WTO talks immediately by adopting a flexible approach to narrow the differences on contentious issues like agriculture.
As part of its major expansion plans, ITC Ltd will build three new super deluxe luxury hotels in Chennai, Bangalore and Hyderabad at a cost of Rs 1,000 crore (Rs 10 billion).
Poor infrastructure could result in a loss of $21 billion of investment to other competing countries in Asia and this was a major threat to the realisation of India's projected IT vision for 2008, a Confederation of Indian Industry paper has said.
British Prime Minister Rishi Sunak on Monday unveiled a new scheme for the world's 100 most talented young professionals in the field of artificial intelligence (AI) as part of his vision to make the UK a "beacon" to attract the "brightest and best" from around the world. Addressing the Confederation of British Industry (CBI) annual conference in Birmingham, Sunak told an audience of business chiefs and professionals that control over the country's post-Brexit immigration policy remains crucial. However, he pledged to create "one of the world's most attractive visa regimes for entrepreneurs and highly skilled people" and make use of the "Brexit freedoms" to strike trade deals with "the world's fastest-growing economies".
Singh said the country sought partnership for development even as it demonstrated to the world its ability and capability to stand on its own feet.
Decades after he received a letter from someone by the last name of Biden from Mumbai, soon after becoming a senator, Biden learned that his 'great, great, great, great, great grandfather' had worked in the East India Company. "There are five Bidens in Mumbai, India," Biden, then Vice President, told a Washington audience in 2015 at an event organised by the Confederation of Indian Industry and Carnegie Endowment for International Peace on the occasion of the 10th anniversary of India-US civil nuclear deal.
India's power sector is looking up with as many as 11 state electricity boards having reported reduction in losses during the last two years and the public-sector companies increasing their recoveries
The Confederation of Indian Industry and ASEAN on Monday set up two task forces in pharmaceuticals and agriculture and food processing to prepare a strategy document to outline a roadmap for cooperation in these sectors.
India's services sector continued its high growth track during the first half of the current fiscal, according to the Confederation of Indian Industry-ASCON report. The cellular services recorded a growth of 180 per cent, a CII release said.
'It is entering growth territory on a month-on-month basis.'
Communications Minister Arun Shourie on Thursday asked state-owned Mahanagar Telephone Nigam Ltd to make the optimum use of its huge cash reserves and aggressively explore foreign markets.
The search operation was on to recover more missing persons by the army, the NDRF, the Sashastra Seema Bal and other rescue teams.
The Union tourism ministry has approved 51 hotel projects in South India, according to a Confederation of Indian Industry report.
It may help do away with the economic loss and inconvenience, but it also curtails the workers' right to air their grievance.
Ecommerce firms will have it tough as govt turns down FDI proposal.
