Echoing similar views, CII too said the Prime Minister has given high importance to manufacturing and investment.
The issue had come up during a presentation by the Civil Aviation Ministry.
The presence of Fortune 500 companies will double in Gurgaon to over 40 per cent by 2010 as the city would establish a hub for knowledge economy by then, an Assocham-Deloitte paper said on Tuesday.\n\n
The IT and ITes sector will contribute to seven per cent of the country's GDP by 2007-08 from 4.8 per cent in 2005-06, a senior government official said on Wednesday.
Afghan President Dr Mohammad Ashraf Ghani will be paying a three-day state visit to India beginning on Monday, during which he would meet Prime Minister Narendra Modi and attend delegation-level talks.
The Associated Chambers of Commerce and Industry of India has predicted that the foreign institutional investment inflow into India will touch the $50 billion mark as compared to $40 billion in 2005.
China has identified sectors like information technology, biotechnology, manufacturing and textiles to invest in India.
India Inc is seeking at least quarterly interactions with senior government representatives to establish a channel of communication and help change the opinion at the highest level.
Private equity players believe it to be lucrative to invest in designer labels.
India's contribution to the $250-billion Legal Process Outsourcing business will nearly double to 6-7 per cent by 2010, an Assocham study said.
Market regulator Securities and Exchange Board of India on Saturday threatened to impose stiff penalties on companies failing to comply with corporate governance
India, the uncrowned king of the business process outsourcing world, may be in for some rough ride with national and international studies pointing at competition from a range of countries including China
Ahead of Prime Minister Manmohan Singh's visit to the US, India Inc. has revealed it has high expectations from the tour, which it also felt would firm up strategic ties between the two nations.
The stock market boom would continue in 2006 on the back of strong macro-economic fundamentals, an apex industry chamber said on Friday.
Welcoming the recommendations of the Irani panel on the new companies Act, industry chambers on Wednesday said the government should ensure that there is no conflict between SEBI, government and the industry.
Inflation, remained in negative territory for the 7th month in May
Fifteen Chinese companies are in talks with Indian information technology and telecom firms like Tatas, Cosmos and CMC for joint ventures in the sectors.
India Inc has given the United Progressive Alliance government a 65 per cent score, a shade better than Prime Minister Manmohan Singh's
According to sources, BSE is seeking an offering that would value it at about Rs 4,000-5,000 crore (Rs 40-50 billion).
Employers in India have no choice but to pay high salaries to their staff, with industrial growth demanding more manpower.
As Indian IT and ITeS firms continue to focus on 'going global,' companies have registered a whopping 73 per cent increase in their wage cost year on year in September 2005, according to a study by industry chamber Assocham.
Foreign Banks operating in India have outpaced domestic banks, both private and PSUs, in reducing the level of non-performing assets, a study has revealed.
Mauritius on Monday said it would soon adopt the open sky policy and allow private airlines from India to use its air space.
The Indian business process outsourcing and knowledge process outsourcing industry is likely to witness as many as 100 mergers and acquisitions worth $3-5 billion from 2006 to 2010.
The Indian industry on Tuesday expressed overwhelming concern at the way the stock market had negated all negatives and scaled an all-time high and felt that the Sensex needed a healthy correction.
The Pradhan Mantri Jan Dhan Yojana scheme will help eradicate poverty and curb corruption at the grassroot level, industry said.
Apple, which is seeing declining sales elsewhere in the world, is betting big on India for growth as sales here saw an impressive 56 per cent growth in the January-March 2016 quarter.
The consumer goods market in the country has borne losses more than Rs 11,500 crore (Rs 115 billion) till November 2005 due to fake products, an Assocham study said.
India could attract as much as Rs 4,000 crore (Rs 40 billion) in foreign direct investment in real estate by 2010 if certain Acts pertaining to Urban Land Ceiling, Rent Control and Land Acquisition were repealed.
Despite its BPO edge of skilled manpower and low labour cost, India's 'Advantage BPO' position may not be sustainable in the long run as nations like China, the Philippines and Mexico are fast catching up, a ASSOCHAM-IDC survey says.
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
Opposing the government's move to merge the country's oldest financial institution with Punjab National Bank, IFCI's employees union on Wednesday proposed a mega merger of IFCI, IDBI, IIBI and IDFC.
Foreign direct investment in the pension sector is likely to be pegged at 26 per cent initially and six players with at least one public sector undertaking would be allowed to operate as pension fund managers.
Central Board of Indirect Taxes and Customs said despite the electronic way or E-way bill mechanism there has been rampant evasion and there is a need to increase compliance.
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