Close on the heels of amending the Patent Law to bring in product patent regime, the government is all set to come out with a separate legislation for data protection.
60 per cent of the companies reported improved industry performance at present, compared to the last six months.
According to a study by industry association Federation of Indian Chambers of Commerce and Industry and telecom consulting firm BDA, 3G revenues in the country will reach $15.8 billion, 46 per cent of the total wireless revenue, by 2013.
There can be no serious argument for not having an independent regulator in every sector. Regulators in a sector are akin to independent directors on the board of a company who ensure that the game is played by some rules.
The finance ministry on Wednesday ruled out more than 26 per cent foreign direct investment in pension sector and said fund managers would be selected through a competitive bidding process.
The venture, they said, would focus on technology and media opportunities in emerging markets. Industry sources said the focus would be on digital media, with India being the big driver.
India's exporters are looking out for Euro-dominated trade opportunities due to strengthening of rupee and pressure on profit margins, according to a survey by the Federation of Indian Chamber of Commerce and Industry (FICCI).
With the US economy in recession, the Obama administration is coming under a domestic pressure to protect its economy by restricting outsourcing of manufacturing and services. Newly appointed US trade representative Ron Kirk said in Geneva on Wednesday that countries like India and China which are seeking leadership position in WTO should agree to give improved market access.
The Indian industry wants the government adopt a multi-pronged approach to de-risk the country's oil needs by conserving energy, promoting alternative sources and building strategic reserves, a Federation of Indian Chamber of Commerce and Industry su
Referring to the ugly scenes witnessed in the Rajya Sabha recently and indicating action against those involved, he reminded elected representatives of their responsibilities.
A visiting Bangladeshi industry leader suggested on Friday that India would do well by allowing the entry of duty free products from its eastern neighbour and in return purchase natural gas from his country.
India and the United States are considering yet another initiative to boost bilateral economic relations. Both sides are now mulling a Private Sector Advisory Gr
The government on Wednesday termed as "transient" the dip in export growth in August and said the trend would be known only in the coming months.
"We are ready with our money but it's so difficult to get a business visa to India,'' said Dr Abdul Rahman A Al Rabiah, managing director of Alrabiah, a consulting and engineering services company. Quoting instances, Rehman said, "Business leaders who have five-year multi-entry visa into the UK and Europe are merely given a three-month visa for India.''
Ficci Secretary-General Amit Mitra said this new not-for-profit organisation had been set up to improve the availability of skilled manpower in India and Ficci had picked a 10 per cent stake in this company for Rs 51 lakh. The Skills Development Corporation itself is empowered with a corpus of Rs 1,000 crore. A Ficci representative will also be on the board of this company.
Increase in the value of Rupee combined with rising interest rates has resulted in erosion of profitability and competitiveness of Indian exports by up to 12 per cent, according to a report by Ficci.
The director has made 22 films and won 46 awards in India and abroad.
Rising crude oil prices along with hardening interest rates in the domestic market have taken a toll on India Inc's growth outlook in the first quarter of the current fiscal.
The recent NSG waiver, which has opened a new window for nuclear commerce in India, will benefit over 600 domestic and international firms and help draw over Rs 180,000 crore (Rs 1,800 billion) in foreign investment over the next 10-15 years, according to the Federation of Indian Chambers of Commerce and Industries (Ficci).
Iran's Finance Minister was here. And he lists the reasons why is country holds great promise for Indian companies willing to do business with his country.
"Land is the riskiest form of speculative real estate, which is why there are huge swings in land value," said Deepak Parekh, Chairman, HDFC in a key note address at a function organised by the Federation of Indian Chambers and Industry in Mumbai on Wednesday.
Marigold has been in the making for a long time.
Leading public sector general insurers have mooted the idea for a regulator to standardise the costs of medical treatment across the country.
The Federation of Indian Chambers of Commerce and Industry has partnered with the World Intellectual Property Organisation to launch an anti-piracy and counterfeit campaign next month.
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Raghuram Rajan, who took over as RBI Governor on September 4, is scheduled to unveil on Friday mid-quarter monetary policy review, an event keenly awaited by industry and banks.
President A P J Abdul Kalam on Wednesday asked the industry to encourage entrepreneurship to achieve an economic growth of 10 per cent and help eliminate poverty in the country.
Maharashtra topped the chart in terms of attractiveness at sub-national level in a weighted index calculated on the basis of individual ranking provided by participants of Ficci FDI Survey 2006.
Outlining priorities for improving the country's international rating and putting it on a high growth trajectory, the Federation of Indian Chamber of Commerce and Industry on Thursday suggested massive overhaul of infrastructure and special emphasis
Addressing the annual meeting of the Federation of Indian Chambers of Commerce and Industry, the BJP leader slammed the Manmohan Singh government as 'non-functional' and 'internally paralysed' and claimed that 'people are already looking beyond' it.
Nigeria, India's largest trading partner in Africa, on Wednesday invited Indian companies to invest substantially in the oil-rich country and promised all necessary help and good business environment.
Indian industry is hopeful of getting a 'significant portion' of the $300 billion to be spent for reconstruction work in Iraq over the next 5-7 years.
