News for 'Confederation of Indian Industry'

AIFF backs ISL as domestic turmoil continues

AIFF backs ISL as domestic turmoil continues

Rediff.com10 Jul 2019

Openly backing the ISL as the country's elite competition for the first time, the Indian FA (AIFF) said its recommendation was based on the Master Rights Agreement it signed in 2010 with its commercial partners Football Sports Development Limited.

Entire neighbourhood 'minus one' has been good: EAM

Entire neighbourhood 'minus one' has been good: EAM

Rediff.com4 Oct 2019

Asked if the impasse with 'minus one' would continue, he said he hopes that someday even the 'minus one' comes around to regional cooperation.

7 of 10 MF schemes beat benchmarks over 5 years

7 of 10 MF schemes beat benchmarks over 5 years

Rediff.com3 Jul 2014

Of the 280-odd equity schemes that have been in existence for five years or more, 190 funds or about 70 per cent of those funds have outperformed their respective benchmark indices.

No merit in news about massive layoffs in IT sector: Kris Gopalakrishnan

No merit in news about massive layoffs in IT sector: Kris Gopalakrishnan

Rediff.com5 Jun 2017

IT industry always looks for talent with right technical capability, says Gopalakrishnan

How I grew my business in the pandemic

How I grew my business in the pandemic

Rediff.com21 Dec 2020

The pandemic helped many entrepreneurs including me realise the power of people who share your passion, says fashion entrepreneur Meghna Saraogi.

'Nod to 49% FDI in insurance to drive capital infusion'

'Nod to 49% FDI in insurance to drive capital infusion'

Rediff.com24 Jul 2014

The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the Foreign Investment Promotion Board route ensuring management control in the hands of Indian promoters.

SERVe: An amazing solar car designed by Indian students

SERVe: An amazing solar car designed by Indian students

Rediff.com28 Apr 2015

The car which has a 30 kmph cruising speed, can travel a distance of 150 kms on a fully charged battery.

Govt plans to create 5-6 mn jobs through Atmanirbhar Bharat Rozgar Yojana

Govt plans to create 5-6 mn jobs through Atmanirbhar Bharat Rozgar Yojana

Rediff.com24 Nov 2020

Private firms will have to maintain a minimum net addition to their workforce each month from October this year to June 2021 to get the Employees' Provident Fund subsidy for the new recruits.

India Inc wants rate cut, says inflation likely to remain low

India Inc wants rate cut, says inflation likely to remain low

Rediff.com14 Jan 2015

Reversing a six month declining trend, WPI inflation moved up marginally to 0.11 per cent in December mainly because of increase in prices of food items.

Kanhaiya never said he is not proud to be Indian: Tharoor

Kanhaiya never said he is not proud to be Indian: Tharoor

Rediff.com25 Mar 2016

Tharoor had last week kicked up a controversy comparing Kanhaiya with freedom fighter Bhagat Singh, drawing strong criticism from the Bharatiya Janata Party while Congress distanced itself from his remarks.

Maharashtra govt unhappy over ease of doing business ranking

Maharashtra govt unhappy over ease of doing business ranking

Rediff.com16 Sep 2015

The govt plans to seek Centre's help for a re-assessment by the World Bank.

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Rediff.com12 Nov 2020

The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.

WEF 2019: Andhra Pradesh, Telangana take rivalry to Davos

WEF 2019: Andhra Pradesh, Telangana take rivalry to Davos

Rediff.com22 Jan 2019

Stronger the pitch of various states, the better for India as a country. The two states plan to showcase their improved 'ease of doing business rankings'.

'Economy is getting a Covid 2.0 shock'

'Economy is getting a Covid 2.0 shock'

Rediff.com4 Jun 2021

'I would recommend two parts to fiscal support. One, support the lower end of the society by direct intervention through ways such as direct benefit cash transfer. Second, give fiscal support to the stressed sectors in line with the Rs 3-lakh crore (Rs 3 trillion) emergency credit line guarantee norms'

Govt may divest stake in 9 firms

Govt may divest stake in 9 firms

Rediff.com26 Jun 2014

The government is keen to divest stake in PSU firms .

E-com platform Shopee shuts India operations

E-com platform Shopee shuts India operations

Rediff.com29 Mar 2022

Singapore-based e-commerce platform Shopee - that launched in India only in December 2021 - has decided to close operations in the country. The official reason given by Shopee, which is controlled by NYSE-listed Sea Ltd, is changing global sentiments. In a statement, it said, "In view of the global market uncertainties, we have decided to close risks of our early-stage Shopee India initiative." The e-commerce platform has been hit by growing opposition from trade associations led by Praveen Khandelwal as well as homegrown social commerce start-ups.

Why status quo by RBI disappoints India Inc

Why status quo by RBI disappoints India Inc

Rediff.com2 Dec 2014

The rate cut, the industry chambers argued, could have given a positive signal to the manufacturing sector, which is undergoing difficult times.

South Carolina seeks investment from India

South Carolina seeks investment from India

Rediff.com15 Nov 2014

This is South Carolina's first trade and investment mission to India.

Setback for Patnaik govt as CII pulls out from Make in Odisha 2.0

Setback for Patnaik govt as CII pulls out from Make in Odisha 2.0

Rediff.com11 Apr 2018

CII, in a communication with the state industries department, cited it had a packed schedule for the year and the dates frozen for the Make in Odisha conclave clashed with a major national summit hosted by the industry body.

India Inc pitches for rate cut to prop up growth

India Inc pitches for rate cut to prop up growth

Rediff.com17 Jan 2019

CII suggested the policy measures required to ease the tight liquidity situation by cutting CRR by at least 50 basis points.

India's Rs 15 trillion solution to boost economy

India's Rs 15 trillion solution to boost economy

Rediff.com1 Feb 2018

India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.

How real is Modi govt's concern for MSMEs?

How real is Modi govt's concern for MSMEs?

Rediff.com17 Jun 2020

While the Narendra Modi government has stuck to its stand that pending payment is Rs 12,343 crore, MSMEs calim outstanding amount is Rs 2-3 trillion. Moreover, MSME ministry's SAMADHAN portal has been of little help.

Indo-Pak ballet: Trade talks hit by NSA imbroglio

Indo-Pak ballet: Trade talks hit by NSA imbroglio

Rediff.com1 Sep 2015

The talks for normalising trade had begun in November 2011.

India Inc's biz sentiment has recovered: CII survey

India Inc's biz sentiment has recovered: CII survey

Rediff.com21 Sep 2020

It bounced back from the historic low of 41 recorded in the April-June quarter, during the initial days of the pandemic and lockdown.

Tighter dud-loan norms: Shadow banks brace for headwinds

Tighter dud-loan norms: Shadow banks brace for headwinds

Rediff.com7 Feb 2022

On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Shadow banks, or non-banking financial companies (NBFCs), like commercial banks, are to test non-performing assets (NPAs) on a daily basis and upgrade them to "standard assets" only when interest and principal arrears are settled by borrowers. This is going to create all manner of headaches for shadow banks and their clientele. Says Y S Chakravarti, managing director and chief executive officer (CEO), Shriram City Union Finance: "NPA levels will go up, especially of small borrowers.

Odisha rolls out first-ever mobile app for investment

Odisha rolls out first-ever mobile app for investment

Rediff.com4 Sep 2015

The 'Invest Odisha' mobile app is currently available on the Android platform.

Poll results will help expedite economic reforms: India Inc

Poll results will help expedite economic reforms: India Inc

Rediff.com19 May 2016

The mandate will help further the development agenda in these states, with good governance and policy reforms taking centrestage

India Inc to government: Focus on GST, ease of doing biz

India Inc to government: Focus on GST, ease of doing biz

Rediff.com24 May 2016

Implementation of GST is expected to increase the gross domestic product of the country.

Global economy grim, it's hurting India's exports: Jaitley

Global economy grim, it's hurting India's exports: Jaitley

Rediff.com19 Apr 2016

Jaitley said each of the regions in the world is trying to do its best.

Bankruptcy code brings good news for SBI

Bankruptcy code brings good news for SBI

Rediff.com11 Jun 2018

So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel's acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of Electrosteel Steels.

UP's Rs 2-trillion plan to boost infrastructure before 2019 polls

UP's Rs 2-trillion plan to boost infrastructure before 2019 polls

Rediff.com11 Sep 2018

While, projects, including Rs 23,000 crore Purvanchal Expressway, totalling Rs 60,000 crore have already been launched, the Yogi Adityanath government is fast paving the way for laying the foundation of the remaining projects before the general election dates are announced.

CII calls on UK for business-friendly visa regime

CII calls on UK for business-friendly visa regime

Rediff.com11 Jun 2013

As unemployment has gone up, countries have tightened their visas. We need to make sure there is no long-term impact, said CII.

Why India Inc sees Modi's PMO as the 'mover'

Why India Inc sees Modi's PMO as the 'mover'

Rediff.com11 Aug 2017

Corporates understand that the PMO drives all key decisions in this government.

Govt appoints Tata Sons as knowledge partner

Govt appoints Tata Sons as knowledge partner

Rediff.com9 Aug 2014

The labour ministry on Friday appointed Tata Sons, promoter of the major operating companies of the Tata group, a knowledge partner for enhancing employability and entrepreneurship among the youth.

Coronavirus crisis: What start-ups must do

Coronavirus crisis: What start-ups must do

Rediff.com6 Apr 2020

'If many start-ups lose in this environment, there will be less number of people willing to start new businesses.'

Decline in IIP: Min to meet trade bodies

Decline in IIP: Min to meet trade bodies

Rediff.com10 Aug 2012

Sharma, who has been regularly reviewing the situation with senior officials, has expressed concern over the drop in industrial performance in the recent months, the statement said.

Why Andhra Pradesh is India's top hiring destination

Why Andhra Pradesh is India's top hiring destination

Rediff.com23 Nov 2018

According to India Skills Report 2019, Andhra Pradesh offers equal space to both male and female workers.

Trade bodies welcome govt focus on aviation infrastructure

Trade bodies welcome govt focus on aviation infrastructure

Rediff.com27 Jun 2014

In their pre-budget expectations, they also asked the government to assess the option of developing unused airstrips located in various parts of the country to boost air connectivity.

India Inc wants states to migrate to GST at one go

India Inc wants states to migrate to GST at one go

Rediff.com18 Aug 2016

Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain

Modi-India Inc meet: A move to boost confidence amid crisis

Modi-India Inc meet: A move to boost confidence amid crisis

Rediff.com8 Sep 2015

The meeting will focus on how to make the crisis an opportunity for India.