Supporting West Bengal Chief Minister, Buddhadeb Bhattacharjee's stand, Mittal said, "Let us see for the next 7-10 years what Indian companies deliver and then we can take a call."
The Yale University and the Confederation of Indian Industry are jointly holding two panel discussions on India in New York later this month, featuring corporate leaders like Indra Nooyi and Nandan Nilekani.
Bharti Airtel, India's largest private cellular operator, on Thursday announced an investment of over $2 billion (Rs 9,000 crore) in 2007-08 to expand network.
Owing to the poor market conditions and tepid sentiments, the size of the show has shrunk compared to the last edition, which took place in 2018. A majority of the two-wheeler makers, and several car and commercial vehicle makers, have opted out of this year's show, which opens for the media on Wednesday.
Under the banner of the CII, domestic drug majors have approached Cabinet Secretary BK Chaturvedi for being allowed to present their views on the new pharmaceutical policy, scheduled to be discussed by the Union Cabinet on Thursday.
"To start with, we were clueless about the proportion of SCs/STs in the private sector. In last one year, we have increased the proportion but still have to arrive at the exact figures. So we cannot commit on what their proportion is," said JJ Irani, chairman, CII Council for Affirmative Action. The industry chamber had earlier said that the proportion of SCs/STs in private companies could be 15-20 per cent at the clerical level and 90-100 per cent at lower levels.
The Confederation of Indian Industry has set up a Mission for Manufacturing Innovation to create "100 new billion-dollar companies over three years".
The Confederation of Indian Industry, southern region, invites IT students to participate in the iTalent contest.
The prime minister's statement was 'distorted' and seen out of context, the minister said, adding that focus of the media is more towards the form and not the content... "towards the letter and not the spirit".
India and Russia have agreed to double bilateral trade within 3 years to $10 billion.
Addressing the CII annual session, he also indicated to further liberalisation of policies to attract more FDI and FII funds, promote external commercial borrowings, service exports and tourism.
Intel is chipping in with its own recipe for inclusive growth in India by planning to train one million Indian teachers in the next two years.
The Confederation of Indian Industry expects an upswing in the Indo-UK bilateral relations under new British Prime Minister Gordon Brown.
The forms might soon come "pre-filled" and taxpayers won't have to fill details such as income, income sources, and personal details
Sunil Mittal, President, CII, met French President Nicolas Sarkozy met in Paris to discuss Indo-France business relations.
'If many start-ups lose in this environment, there will be less number of people willing to start new businesses.'
Drastic cut in interest rates by the US to avert a recession will affect India, but New Delhi will take steps to counter such an impact, Finance Minister P Chidambaram said on Thursday.
Will the second master plan and MAP Chennai Region help the city overcome the problems of rapid urbanisation?
A survey by the Confederation of Indian Industry and Ascon for the April-June quarter reveals that almost half of the respondent companies recorded a growth rate in excess of 10 per cent. A study by the Federation of Indian Chambers of Commerce and Industry projected a growth rate of 9.5 per cent for the sector in 2008-09.
Coercion does not work. People will find ways to come around it. No one can legislate that industry cannot spend, or not be ostentatious, says Sunil Mittal.
The eighth Auto Expo kicks off on Thursday promising new launches and big announcements by domestic and global automobile giants, even as the booming industry sought flexibility in labour laws to maintain the growth momentum.
The government will next month review the foreign direct Investment policy to lay down norms for preventing companies from breaching the sectoral limits, Commerce and Industry Minister Kamal Nath said on Monday.
ICICI bank CEO and CII president K V Kamath told the media on the eve of the two-day national council in Hyderabad that 'skilling' was the key area and big challenge for the country.
'If governance ensured we were poor during the socialist period, it now ensures that we do not get rich.'
Indian companies are likely to increase investment in innovation in the coming year.
While the national population explosion places nearly intolerable strains on India's physical and social infrastructure, the country's democracy is so dysfunctional that it is reasonable to ask whether it can rise to the looming economic and demographic challenges.
He also said the city had a long way to go before it could reach the status of a global city, and said that greater autonomy and better governance of the city would ensure the global city status, says the finance minister.
General Motors also plans to increase sourcing from India over the next 4-5 years to $1 billion annually.
ITC Limited could take its IT business -- ITC Infotech -- public, its Chairman Y C Deveshwar said on Friday.
Engineering and construction major Larsen & Toubro (L&T) is planning a capital expenditure of Rs 2,500 crore (Rs 25 billion) for the financial year 2008-09. The company might raise Rs 500-700 crore (Rs 5-7 billion) through debt, equity or a debt-equity mix in the second half of the financial year.
Stating that India is not witnessing a slowdown in investment, Confederation of Indian Industry president K V Kamath said on Thursday that the country would continue to grow at a healthy rate of 8.6 per cent for the next five years.
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