News for 'International Chamber of Commerce'

NSA Ajit Doval leads A-team to US for crucial talks on emerging tech

NSA Ajit Doval leads A-team to US for crucial talks on emerging tech

Rediff.com30 Jan 2023

National Security Advisor Ajit Doval will hold crucial talks with the top US leadership, including his counterpart Jake Sullivan, on the first high-level dialogue on Initiative for Critical and Emerging Technologies (iCET).

Indian legal system a hurdle for aircraft lessors: Air India to govt

Indian legal system a hurdle for aircraft lessors: Air India to govt

Rediff.com12 Dec 2022

Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.

US court asks ISRO arm Antrix to pay $1.2bn to Devas for cancelled deal

US court asks ISRO arm Antrix to pay $1.2bn to Devas for cancelled deal

Rediff.com30 Oct 2020

A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.

US trade bodies file lawsuit against Trump's visa rule

US trade bodies file lawsuit against Trump's visa rule

Rediff.com23 Jul 2020

The lawsuit seeks to overturn these sweeping and unlawful immigration restrictions that are an unequivocal not welcome sign to the engineers, executives, IT experts, doctors, nurses, and other critical workers who help drive the American economy.

Covid Vaccine IP: How Big Pharma lobbied against India

Covid Vaccine IP: How Big Pharma lobbied against India

Rediff.com9 Jun 2021

Communications between the USTR and the world's most powerful pharmaceutical and trade lobbying groups reveal that many raised concerns about India's push to exempt Covid vaccines from intellectual property.

Debroy quits; PHDCCI goes head-hunting

Debroy quits; PHDCCI goes head-hunting

Rediff.com16 Nov 2006

PHDCCI has begun a head hunt for its new secretary general and deputy secretary general, following resignations of well-known economist Bibek Debroy and Amirulla Khan.

The importance of trade

The importance of trade

Rediff.com4 Dec 2017

'We do India great disservice if we continue to perpetuate a flawed narrative on trade, one based on myths rather than facts,' says Hardeep Singh Puri.

WOW! A Fashion Show In The Metaverse!

WOW! A Fashion Show In The Metaverse!

Rediff.com5 Jul 2022

'You can choose who you would like as your showstopper.' 'You have the freedom to create your own background -- sun, moon and the stars, which may sometimes not be possible in a physical show.'

He Wanted India, China To Be Friends

He Wanted India, China To Be Friends

Rediff.com18 Jan 2023

'My father's life sends a message that there are positive things happening between India and China, no matter what happens at the border.'

Ficci appoints Rajiv Kumar as secretary general

Ficci appoints Rajiv Kumar as secretary general

Rediff.com23 May 2011

Kumar, a well-known economist and the author of several books, would succeed Amit Mitra, who has become the Finance Minister of West Bengal.

India's COVID vaccine rollout has rescued the world: Top US scientist

India's COVID vaccine rollout has rescued the world: Top US scientist

Rediff.com7 Mar 2021

During the webinar, 'COVID-19: Vaccination and Potential Return to Normalcy - If and When', Dr Hotez, an internationally-recognised physician-scientist in neglected tropical diseases and vaccine development, said that the COVID-19 vaccine rollout is "India's gift' to the world in combating the virus.

Lawsuit filed against Trump's new H-1B visa rules

Lawsuit filed against Trump's new H-1B visa rules

Rediff.com20 Oct 2020

Several individuals and organisations, including the US Chambers of Commerce and the National Association of Manufacturers, have filed a lawsuit against the Trump administration's recent rules related to the H-1B visa, terming them "arbitrary" and "haphazard" regulations that will undermine high skilled immigration into America. Early this month, the Trump administration announced new restrictions on H-1B non-immigrant visa programme which it said is aimed at protecting American workers, restoring integrity and to better guarantee that H-1B petitions are approved only for qualified beneficiaries and petitioners, a move which is likely to affect thousands of Indian IT professionals.

Indian-Americans awarded for enhancing Indo-US ties

Indian-Americans awarded for enhancing Indo-US ties

Rediff.com31 Aug 2012

Nine Indian-Americans were awarded by the Indo-American Chamber of Commerce of Greater Houston (IACCGH) for their contributions towards enhancing the mutual relationship between India and the United States.

The world rushes to aid India battle Covid surge

The world rushes to aid India battle Covid surge

Rediff.com28 Apr 2021

India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals are reeling under a shortage of medical oxygen and beds.

National summit on financial services at GIFT City

National summit on financial services at GIFT City

Rediff.com19 Feb 2014

Gujarat Chief Minister Narendra Modi was the Chief Guest at the event.

'N-deal can support 250,000 high-tech US jobs'

'N-deal can support 250,000 high-tech US jobs'

Rediff.com23 Sep 2008

In a statement a couple of days ago, the business chamber said, 'The Indo-US civilian nuclear initiative will bring India into the international nuclear non-proliferation mainstream and enhance the safety of India's civil program. The initiative will also help to revitalize the US nuclear industry and create thousands of high-tech American jobs.'

India has established mechanism to resolve 'friction' on LAC: Lt Gen Kalita

India has established mechanism to resolve 'friction' on LAC: Lt Gen Kalita

Rediff.com21 Aug 2022

'The Arunachal border is not demarcated in that way, so there can be differing perceptions (between two sides)'

Package to remove foreign taxation glitches on anvil

Package to remove foreign taxation glitches on anvil

Rediff.com11 Jan 2013

Norms for e-commerce likely, arm's-length pricing set for change.

How Walmart, Amazon plan to counter govt's e-com move

How Walmart, Amazon plan to counter govt's e-com move

Rediff.com5 Feb 2019

As Amazon India, Flipkart are forced to shut down 60 categories and push out 45 mn products, a new lobby group comprising sellers is in the making to take up e-com concerns.

Sebi didn't dilute NSE orders, acted as per remit: Tyagi

Sebi didn't dilute NSE orders, acted as per remit: Tyagi

Rediff.com2 Mar 2022

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.

Coronavirus impact: Tourist inflow to India drops by 30%

Coronavirus impact: Tourist inflow to India drops by 30%

Rediff.com12 Mar 2020

India has announced suspension of all tourist visas till April 15 in a bid to contain the spread of the virus.

Industry slams cola firms, govt

Industry slams cola firms, govt

Rediff.com3 Aug 2006

Industry chambers on Thursday said all soft drink manufacturers must adhere to international norms, while criticising the government for going slow in implementing stringent rules.

N-trade to benefit over 600 firms: Ficci

N-trade to benefit over 600 firms: Ficci

Rediff.com29 Sep 2008

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).

Germany rules out possibility of Greece's EU exit

Germany rules out possibility of Greece's EU exit

Rediff.com15 Oct 2012

German Chancellor Angela Merkel had assured the Greek leaders her continued support for the country to remain in the euro zone when she last Wednesday made her first visit to Athens in nearly three years.

Govt will release draft national retail policy soon

Govt will release draft national retail policy soon

Rediff.com26 Jun 2019

For months, offline retailers and traders have been lobbying hard for a national retail policy to protect their business from the growing influx of e-commerce.

Boeing wants air fares to rise 15%

Boeing wants air fares to rise 15%

Rediff.com14 Mar 2012

Boeing India president says with the rising prices of aviation fuel, the airlines do not have any option but to increase the fares.

Ficci stresses on infrastructure reforms

Ficci stresses on infrastructure reforms

Rediff.com30 Dec 2004

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

Setback for ISRO's Antrix; court orders it to pay $672 million as damages to Devas

Setback for ISRO's Antrix; court orders it to pay $672 million as damages to Devas

Rediff.com29 Sep 2015

The International Chamber of Commerce's arbitration body International Court of Arbitration has ruled in our favour in the Antrix-Devas arbitration case and Antrix is liable to pay damages totalling $672 million to it, Devas said on Tuesday.

Trump administration revokes new student visa order

Trump administration revokes new student visa order

Rediff.com15 Jul 2020

The announcement comes as a big relief to international students, including those from India.

Education fair in Delhi

Education fair in Delhi

Rediff.com18 May 2009

The Ministry of HRD, government of India, Department of Science & Technology, government of India and The Associated Chambers of Commerce and Industry of India present the Fifth Education Fair: International Exhibition and Seminar.

'Democracy loving, capitalist respecting' India best for investors: FM

'Democracy loving, capitalist respecting' India best for investors: FM

Rediff.com17 Oct 2019

"So you will not have anything better... democracy loving, capitalist respecting environment... in India," Sitharaman said at the event hosted by the Federation of Indian Chambers of Commerce and Industry in association with the US India Strategic and Partnership Forum.

A capital 'G' can get you prosecuted!

A capital 'G' can get you prosecuted!

Rediff.com4 May 2007

As per the Weights and Measurement Act, weight must be mention as 'g' and not 'gms' and this should always be in small 'g'. A capital 'G' can get you into trouble.

Nokia seeks arbitration to settle Rs 21,000 cr tax dispute

Nokia seeks arbitration to settle Rs 21,000 cr tax dispute

Rediff.com14 May 2014

The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.

COVID-19: I-League must go on, says AIFF General Secretary Das

COVID-19: I-League must go on, says AIFF General Secretary Das

Rediff.com13 Jul 2020

AIFF plans to go ahead with the 2020-21 I-League season even if the clubs' star foreign recruits are unable to make it due to the coronavirus-forced travel restrictions.

Wait for cheaper drugs might get longer

Wait for cheaper drugs might get longer

Rediff.com3 Mar 2016

Lobby group tells USTR it has got assurance from India on compulsory licensing.

ICICI Bank's Hari Pandey bags executive award

ICICI Bank's Hari Pandey bags executive award

Rediff.com2 Jun 2009

Hari Pandey, who founded ICICI Bank in Canada in March 2003, is among the 11 awardees in various categories who would be felicitated at function here on Saturday, ICCC said.

Houston explores bilateral ties with India

Houston explores bilateral ties with India

Rediff.com28 May 2009

Despite the global economic downturn, the Greater Houston Partnership is teaming up with the Indo-American Chamber of Commerce of Greater Houston to actively cross promote opportunities between the region and India. The programme will help grow jobs by 600,000, increase capital investment by $60 billion and expand foreign trade by $120 billion for the greater Houston by the end of 2015.

COVID-19: 'Economic slowdown was like coma'

COVID-19: 'Economic slowdown was like coma'

Rediff.com5 Nov 2020

There are indications or signs of the economy picking up -- collection of GST and consumption of electricity, said former RBI governor, C Rangarajan.

Canada focuses on Indian students to boost ties

Canada focuses on Indian students to boost ties

Rediff.com17 Nov 2008

Canada has started stressing on education as a trade catalyst with colleges and universities traveling to India and other countries in increasingly large numbers for recruiting students and faculty, signing agreements with foreign universities to work in close partnerships, opening satellite campuses in India, and offering joint degrees.

Sibal launches mobile phones made by domestic players

Sibal launches mobile phones made by domestic players

Rediff.com5 Dec 2013

Handset firms Karbonn and Lava International launched their smartphones, while Maxx Mobiles introduced its feature phone targetted at the rural market.