confederation of indian industry

Nationwide shutdown evokes mixed response as government notifies FDI (Intro Roundup)


September 20th, 2012 - 10:55 pm ICT by IANS
New Delhi, Sep 20 (IANS) On a day when parts of India shut down in response to an opposition-sponsored strike against economic reforms, a determined government Thursday night announced it ... Read more...

Posted in Politics |

Strike hits key sectors, industry puts loss at $2.2 billion (Roundup)


September 20th, 2012 - 9:25 pm ICT by IANS
New Delhi, Sep 20 (IANS) Economic and business activities across India was hit Thursday causing an estimated loss of around Rs.12,500 crore ($2.25 billion), a leading industry lobby said.The one-day ... Read more...

Posted in Business |

Opposition protest shuts parts of India (Roundup)


September 20th, 2012 - 8:55 pm ICT by IANS
New Delhi, Sep 20 (IANS) An opposition-called shutdown against economic reforms hit normal life in many states but the government said it was firm on pushing ahead with steps to ... Read more...

Posted in Politics |

Strike estimated to cause economic loss of over $2 billion


September 20th, 2012 - 5:50 pm ICT by IANS
New Delhi, Sep 20 (IANS) The nation-wide strike against the government decision to allow foreign direct investment (FDI) in multi-brand retail and hike diesel prices is estimated to cause losses ... Read more...

Posted in Business |

Global meet on technological innovation from Sep 20 in Delhi


September 17th, 2012 - 11:17 pm ICT by IANS
New Delhi, Sep 16 (IANS) A two-day global conference to promote technological innovation in India will be inaugurated here by chairman of the National Innovation Council Sam Pitroda Sep 20.The ... Read more...

Posted in Sci-Tech |

CII’s ‘Young Indians’ to launch chapter in Bhopal


September 9th, 2012 - 7:14 pm ICT by IANS
New Delhi, Sep 9 (IANS) Young Indians (Yi), a part of industry body Confederation of Indian Industry (CII) will launch its 25th chapter at Bhopal Sep 11 on the completion ... Read more...

Posted in Business |

Expansion work to end at Tata Metaliks’ Kharagpur plant by October


September 6th, 2012 - 11:18 pm ICT by IANS
Kolkata, Sep 6 (IANS) Pig iron maker Tata Metaliks, promoted by Tata Steel, will complete its capacity expansion work at its Kharagpur plant in October, a top company executive said ... Read more...

Posted in Business |

Government should not cancel coal blocks: Godrej


September 5th, 2012 - 7:18 pm ICT by IANS
New Delhi, Sep 5 (IANS) The government should not cancel coal blocks under opposition pressure following the Comptroller and Auditor General's (CAG) report as it would hurt business sentiment, ... Read more...

Posted in Business |

India’s economic growth may fall below 6 percent: CII


September 2nd, 2012 - 6:51 pm ICT by IANS
New Delhi, Sep 2 (IANS) A majority of CEOs are pessimistic about the Indian economy and feel that the gross domestic product (GDP) growth would fall below six percent in ... Read more...

Posted in Uncategorized |

CII against wholesale cancellation of coal blocks


September 2nd, 2012 - 2:11 pm ICT by IANS
New Delhi, Sep 2 (IANS) The Confederation of Indian Industry (CII) has cautioned the government against mass cancellation of coal blocks allocation, saying such a step would hurt business ... Read more...

Posted in Business |

Cut temporary workforce in factories: Experts


August 31st, 2012 - 12:39 am ICT by IANS
Chennai, Aug 30 (IANS) At a time when multi-national and domestic companies employ temporary workers on a large scale resulting in industrial unrest, there is a need to reverse the ... Read more...

Posted in Business |

New measures soon to boost exports, investor confidence


August 28th, 2012 - 7:15 pm ICT by IANS
New Delhi, Aug 28 (IANS) The government will soon announce new steps to boost exports and investors' confidence in the Indian economy, Commerce Secretary S.R. Rao said Tuesday."The government is ... Read more...

Posted in Business |

India inc favours investments in equities, mutual funds


August 27th, 2012 - 9:36 pm ICT by IANS
Bangalore, Aug 27 (IANS) India Inc is in favour of investments in equities and mutual funds than in gold to improve the balance of payments (BoP) and reduce the ... Read more...

Posted in Business |

Bring in GST, DTC to spur growth, India Inc tells government


August 27th, 2012 - 6:13 pm ICT by IANS
Bangalore, Aug 27 (IANS) India Inc Monday urged the government to introduce the Goods and Services Tax (GST) and Direct Tax Code (DTC) to spur economic growth, which has been ... Read more...

Posted in Business |

Scams will impact foreign investments: CII


August 24th, 2012 - 5:13 pm ICT by IANS
Chennai, Aug 24 (IANS) The various scams hogging media headlines will impact foreign investments in India, Confederation of Indian Industry (CII) president Adi Godrej said Friday.And for the sentiment to ... Read more...

Posted in Business |

Input costs, lack of reforms hit India Inc. business confidence


August 12th, 2012 - 5:14 pm ICT by IANS
New Delhi, Aug 12 (IANS) Most in India Inc. expect stagnancy or decline in their business activities in July-September period due to high cost of borrowings, unfavourable macro-economic condition and ... Read more...

Posted in Business |

Government-industry task force to meet next week


August 10th, 2012 - 6:51 pm ICT by IANS
New Delhi, Aug 10 (IANS) A government-industry task force headed by Commerce and Industry Minister Anand Sharma will meet here next week to discuss fall in industrial output and ... Read more...

Posted in Business |

India’s industrial output drops by 1.8 percent in June (Lead)


August 9th, 2012 - 3:06 pm ICT by IANS
New Delhi, Aug 9 (IANS) India's industrial output dropped by 1.8 percent in June due to a sharp contraction in manufacturing production, government data showed Thursday. Factory output has ... Read more...

Posted in Business |

CII, centre join hands on cloud computing


August 8th, 2012 - 9:56 pm ICT by IANS
Kolkata, Aug 8 (IANS) The Confederation of Indian Industry's (CII) national IT committee has tied up with the central government for use of cloud computing among small and medium enterprises ... Read more...

Posted in Business |

Increase in venture capital for Bengal IT start-ups


August 8th, 2012 - 8:49 pm ICT by IANS
Kolkata, Aug 8 (IANS) West Bengal's new IT policy would feature an increase in the corpus of venture capital provided to IT start-ups, a minister said Wednesday."The new IT policy ... Read more...

Posted in Business |

Conclave to woo investors to north India


August 8th, 2012 - 5:53 pm ICT by IANS
Chennai, Aug 8 (IANS) With most of foreign investments coming to western and southern India, industry lobby CII is holding a conclave in November to showcase north as an ... Read more...

Posted in Business |

‘World dumps in Africa, India helps build capacity’ (With images)


August 6th, 2012 - 4:43 pm ICT by IANS
New Delhi, Aug 6 (IANS) The world is using Africa as a dumping ground for its products but only India is helping the continent in capacity building, a group of ... Read more...

Posted in Uncategorized |

Insurance industry need to innovate, simplify products: Study


August 5th, 2012 - 8:14 pm ICT by IANS
New Delhi, Aug 5 (IANS) India's insurance industry needs to innovate, simplify products and build trust amongst the customers through effective distribution claims management in order to ensure growth in ... Read more...

Posted in Business |

Raise power capacity on war footing: India Inc


July 31st, 2012 - 10:16 pm ICT by IANS
New Delhi, July 31 (IANS) With the worst power blackout in India affecting almost half the country and causing business losses of thousands of crores of rupees, India Inc. Tuesday ... Read more...

Posted in Business |

21 countries register for Kerala investment meet: Chandy


July 31st, 2012 - 12:36 am ICT by IANS
Thiruvananthapuram, July 30 (IANS) Kerala Chief Minister Oommen Chandy Monday said that 21 countries and 1,600 delegates have now registered for the Emerging Kerala investment meet to be held ... Read more...

Posted in Business |

Blackout hits business activities


July 30th, 2012 - 6:47 pm ICT by IANS
New Delhi, July 30 (IANS) The worst blackout in more than a decade following a breakdown of the Northern Power Grid in the early hours of Monday severely hit business ... Read more...

Posted in Business |

Deficient monsoon to put pressure on growth: CII


July 29th, 2012 - 6:11 pm ICT by IANS
New Delhi, July 29 (IANS) Deficient monsoon is likely to worsen macro-economic situation and put further pressure on economic growth, the Confederation of Indian Industry (CII) said."Not only will there ... Read more...

Posted in Business |

Indian banks should electronically transmit export data


July 27th, 2012 - 10:09 pm ICT by IANS
Chennai, July 27 (IANS) Banks in India should adopt the electronic bank realisation certificate (EBRC) scheme to reduce the transaction costs for exporters, said a top government official."The software glitches ... Read more...

Posted in Business |

Some subsidy may be restored to tackle drought: Minister


July 27th, 2012 - 4:28 pm ICT by IANS
Chennai, July 27 (IANS) The government would restart some of the subsidy programmes scrapped earlier to meet the drought-like situation following a patchy monsoon in many parts of the country ... Read more...

Posted in Business |

CEA to help state power utilities become energy efficient


July 26th, 2012 - 6:13 pm ICT by IANS
Hyderabad, July 26 (IANS) The Central Electricity Authority (CEA) is drafting a scheme to help state power utilities with interest subsidy or additional electricity allocation to enable them meet energy ... Read more...

Posted in Business |

India, China partners in development: Chinese consul general


July 25th, 2012 - 10:59 pm ICT by IANS
Pune, July 25 (IANS) Asserting that India and China are not rivals, Chinese Consul General here Niu Qingbao Wednesday said both countries are rather partners in development of the region."China ... Read more...

Posted in World |

India should collaborate more with US in healthcare: Prathap Reddy


July 25th, 2012 - 11:36 am ICT by IANS
Washington, July 25 (IANS) A leading Indian health expert has suggested greater collaboration between the US and India to meet the healthcare challenge with new tools to transform its delivery, ... Read more...

Posted in Health |

Ballistic missile defence key area for India-US ties: Carter


July 23rd, 2012 - 8:00 pm ICT by IANS
New Delhi, July 23 (IANS) A joint project on a ballistic missile defence system will be "an important potential area" for an India-US strategic cooperation, a key Obama administration ... Read more...

Posted in Business |

US assures transparent probe into fisherman killing


July 23rd, 2012 - 7:28 pm ICT by IANS
New Delhi, July 23 (IANS) The US Monday assured a "thorough and transparent" investigation into the killing of an Indian fisherman by one of its naval personnel from aboard a ... Read more...

Posted in Uncategorized |

India Inc condemns Maruti Suzuki fire incident


July 20th, 2012 - 7:09 pm ICT by IANS
New Delhi, July 20 (IANS) India Inc Friday condemned the violence perpetrated allegedly by Maruti Suzuki workers in the car maker's Manesar plant and said the incident could negatively impact ... Read more...

Posted in Business |

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