close
This ad will auto close in 10 seconds

CII

MP CM Chouhan rolls out red carpet for US firms

Chouhan, who is currently on a five-day visit to the US, addressed business leaders, executives and analysts  in New York.

CM Chouhan in US to woo investors, says MP 'ideal' for investment

Describing Madhya Pradesh as an "ideal investment destination", CM Shivraj Singh Chouhan has said he would seek investment from US companies.

India Inc hails passage of GST Bill in Rajya Sabha

India Inc hails passage of GST Bill in Rajya Sabha

Cheering the passage of the GST Bill in Rajya Sabha, India Inc Wednesday said roll out of the much-awaited indirect tax reform will contribute significantly to the growth of the economy and bring down the overall cost of goods and services.

Almost 75% of startups globally will fail: Kris Gopalakrishnan

Almost 75% of startups globally will fail: Kris Gopalakrishnan

Infosys Co-Founder and former CII President Kris Gopalakrishnan Tuesday said almost seventy percent of startups globally will fail and only five to ten percent will become large and scale up.

Finance Minister Arun Jaitley to meet industry chambers, CAs on black money window

Finance Minister Arun Jaitley to meet industry chambers, CAs on black money window

Finance Minister Arun Jaitley will meet industry associations tomorrow to clear doubts about the four-month window provided to holders of undeclared wealth to come clean.

CII lauds opening up of FDI, says it will encourage global brands

CII lauds opening up of FDI, says it will encourage global brands

Welcoming the landmark decision to open up the FDI regime during a meeting chaired by Prime Minister Narendra Modi, the Confederation of Indian Industry (CII) on Monday said the relaxation of local sourcing norms under single brand retail trading for advanced technology products would encourage global brands to build up their participation in the country.

India's foreign policy change opens new avenues for businesses

India's foreign policy change opens new avenues for businesses

Washington: Change in India's foreign policy has not only opened up "new avenues" for Indian businesses globally, but also allowed them to shed the earlier "defensive outlook", a leading Indian trade body has said.

'Govt needs to speed up reforms to push economic growth'

'Govt needs to speed up reforms to push economic growth'

Government needs to speed up implementation of GST, address the issue of cheap imports and improve investment climate as majority of sectors are witnessing 'moderate' growth, says a CII survey.

Industry lauds 7.6% GDP growth; wants more in current fiscal

After an impressive 7.6 percent GDP growth in 2015-16, industry Wednesday said the economy should expand at even a faster pace in the current fiscal on various reform measures and on expectations for a good monsoon.

GST deadlock: Weight of directly elected house must always be maintained, says FM Jaitley

GST deadlock: Weight of directly elected house must always be maintained, says FM Jaitley

Jaitley, who in May last year stated that Indian democracy faced a serious challenge with an 'indirectly elected' Upper House questioning the wisdom of 'directly elected' Lok Sabha, today said he will again be speaking to the Congress on the GST bill.

GDP calculation method imprecise, India to grow at 8%: CII

Terming the GDP calculation methodology an "imprecise science", CII today pegged the country's economic growth at around 8 per cent for the current fiscal, higher than the RBI's projection of 7.6 percent.

FM Jaitley pitches for interest rate cut ahead of RBI policy

FM Jaitley pitches for interest rate cut ahead of RBI policy

The finance minister also stressed that the debate on crucial economic issues, like interest rates, should move in the right direction in India, which is a "large and noisy democracy".

High interest rate can lead to sluggish economy: FM Jaitley

High interest rate can lead to sluggish economy: FM Jaitley

Finance Minister Arun Jaitley on Monday said he hopes that economy in 2016-17 will be led by Industry rather than by government with more investment from private sector.

Youngsters growing intolerant due to misguidance: Satyarthi

 Nobel laureate Kailash Satyarthi today stressed the need to harness the energy of youths to make world a better place even as he felt that the new generation is becoming intolerant and violent because they are "confused" and "misguided".

Grant 5-year tax holiday to manufacturing units in SEZs: CII to Govt

Industry body CII has demanded a one-time 100 percent income tax holiday of five years for manufacturing units in special economic zones, saying that the government's decision to impose MAT and DDT was not conducive for practical viability of units operating in SEZs.

Disappointed, India Inc presses for rate cut, again

With RBI keeping the policy rate on hold, India Inc Tuesday said a rate cut is imperative to lower cost of funds for the industry and spur investments, crucial for sustaining high economic growth.

Sebi does not need to ration number of IPOs: Sinha

Since the beginning of 2015, as many as 41 companies have filed draft documents with Sebi to float IPOs.

India's finances improve on surge in economic activity: Survey

India's finances improve on surge in economic activity: Survey

The Financial Conditions Index has risen to 70.3, up from 67.8 in the previous quarter, according to the study jointly brought out by CII and IBA ahead of RBI's fifth bi-monthly policy review on Tuesday.

Domestic agenda should be top priority at Paris meet: CII

Commitments at the climate conference in Paris should be made taking into account the domestic development realities and high costs of transition to low-carbon growth, CII said.

'Indian higher education commendable in creating leaders'

'Indian higher education commendable in creating leaders'

Indian higher education system is a sort of hybrid with more or less equal participation from government and private players, Chairman and Managing Director of Skoda Auto India Ltd said on Wednesday.