india inc

Trinamool firm on quitting, Congress says UPA is safe (Roundup)


September 19th, 2012 - 10:36 pm ICT by IANS
New Delhi/Kolkata, Sep 19 (IANS) The Congress-led government Wednesday refused to roll back its big ticket economic reforms, even as a belligerent Trinamool Congress remained adamant on quitting the ruling ... Read more...

Posted in Politics |

Don’t roll back reforms under pressure: India Inc (Lead)


September 19th, 2012 - 9:07 pm ICT by IANS
New Delhi, Sep 19 (IANS) The industry in India Wednesday asked the government not to roll back the recent reform measures like foreign investment in multi-brand retail and hike ... Read more...

Posted in Business |

Diesel price hike will be double whammy: India Inc. leaders


September 14th, 2012 - 4:52 pm ICT by IANS
Kolkata, Sep 14 (IANS) The government's move to raise diesel prices by Rs.5 a litre has come under strong criticism from members of India Inc. who foresee a double whammy ... Read more...

Posted in Business |

Business perception in India is worse than reality: Kidwai


September 6th, 2012 - 8:05 pm ICT by IANS
New Delhi, Sep 6 (IANS) The Indian economy is passing through difficult times but business perception in the country is worse than reality, Naina Lal Kidwai, senior vice president of ... 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 |

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 |

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 |

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 |

ITC trying to ‘fast forward’ Rs.25,000 crore investment plan


July 27th, 2012 - 10:46 pm ICT by IANS
Kolkata, July 27 (IANS) In spite of a slowdown in India's economic growth and low business sentiment, cigarette-to-hotel conglomerate ITC Ltd Friday said it is trying to "fast forward" its ... 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 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 |

India-Indonesia business forum launched to boost trade and investment


July 19th, 2012 - 7:14 pm ICT by IANS
Jakarta, July 19 (IANS) An India Business Forum has been launched here to boost trade and investment between India and Indonesia.The Indian Business Forum (IBF) is aimed at bringing together ... Read more...

Posted in Business |

India Inc has to live with dollar at Rs.50: Kaushik Basu


July 7th, 2012 - 7:58 pm ICT by IANS
Kolkata, July 7 (IANS) India Inc is suffering from sharp rupee depreciation against the US dollar, but should be "realistic" about the Indian currency's fall and learn to live with ... Read more...

Posted in Business |

India Inc welcomes PM’s statement on growth


July 6th, 2012 - 8:24 pm ICT by IANS
New Delhi, July 6 (IANS) India Inc Friday welcomed Prime Minister Manmohan Singh's promised action on several fronts to restore investor confidence, including clarity on tax matters."This is an ... Read more...

Posted in Business |

India business delegation visits South America


July 6th, 2012 - 7:53 pm ICT by IANS
New Delhi, July 6 (IANS) A 25 member business delegation led by Minister of State for Commerce and Industry Jyotiraditya Scindia is visiting South American countries of Colombia and Venezuela, ... Read more...

Posted in Business |

India Inc. buys all franchises in Sri Lankan T20 league


June 28th, 2012 - 10:07 pm ICT by IANS
Colombo, June 28 (IANS) The India Inc. will own all the seven franchises in the Sri Lankan Premier League (SPL), ignoring the decision of the Indian cricket board not to ... Read more...

Posted in Sports |

India Inc disappointed with RBI leaving rates unchanged (Lead)


June 18th, 2012 - 7:36 pm ICT by IANS
New Delhi/Mumbai, June 18 (IANS) Indian industry Monday expressed disappointment over the Reserve Bank of India's (RBI) decision to keep key lending rates unchanged to control inflation while the ... Read more...

Posted in Business |

India Inc disappointed with RBI leaving rates unchanged


June 18th, 2012 - 5:34 pm ICT by IANS
New Delhi/Mumbai, June 18 (IANS) Indian industry Monday expressed disappointment over the Reserve Bank of India's (RBI) decision to keep key lending rates unchanged to control inflation while the economy ... Read more...

Posted in Business |

Billionaire philanthropists to focus on societal development


June 2nd, 2012 - 12:12 am ICT by IANS
Bangalore, June 1 (IANS) Billionaires Bill Gates, Ratan Tata and Azim Premji Friday held a brain-storming session here with other billionaires and millionaires on the need to integrate philanthropy and ... Read more...

Posted in Business |

PM to Thein Sein: India, Myanmar on new journey of cooperation (Second Lead)


May 28th, 2012 - 1:55 pm ICT by IANS
Nay Pyi Taw, May 28 (IANS) India and Myanmar have "embarked on a new journey of bilateral cooperation", Prime Minister Manmohan Singh Monday said during his talks with President ... Read more...

Posted in South Asia |

PM holds talks with Myanmar President Thein Sein (Lead)


May 28th, 2012 - 12:31 pm ICT by IANS
Nay Pyi Taw, May 28 (IANS) With trade and improving connectivity on the agenda, Prime Minister Manmohan Singh and Myanmar President Thein Sein Monday held talks at the 100-room ... Read more...

Posted in World |

India eyes trade, connectivity during PM’s Myanmar visit


May 25th, 2012 - 8:38 pm ICT by IANS
New Delhi, May 25 (IANS) Manmohan Singh will Sunday become the first Indian prime minister in 25 years to visit Myanmar on a three-day official trip to boost trade ... Read more...

Posted in Business |

India Inc calls for dual pricing of diesel, LPG


May 24th, 2012 - 3:55 pm ICT by IANS
New Delhi, May 24 (IANS) Welcoming the hike in petrol prices, industry organisations Thursday called for differential pricing of diesel and liquefied petroleum gas (LPG) to curb ballooning fuel subsidy."The ... Read more...

Posted in Business |

Petrol price hiked by Rs.7, opposition and allies fret (Intro Roundup)


May 23rd, 2012 - 11:58 pm ICT by IANS
New Delhi, May 23 (IANS) India Wednesday hiked petrol prices by an unprecedented over Rs.7 a litre, triggering protests from the opposition and even government allies. But the industry ... Read more...

Posted in Politics |

Petrol price hiked by Rs.7, opposition and allies fret (Roundup)


May 23rd, 2012 - 11:08 pm ICT by IANS
New Delhi, May 23 (IANS) India Wednesday hiked petrol prices by an unprecedented over Rs.7 a litre, triggering protests from the opposition and even government allies. But the industry ... Read more...

Posted in Business |

Petrol price hiked by Rs.6.28 plus taxes, industry welcomes move (Second Lead)


May 23rd, 2012 - 10:35 pm ICT by IANS
New Delhi,May 23 (IANS) India's state-controlled refiners hiked prices petrol by a steep 6.28 per litre, exclusive of taxes, effective midnight Wednesday to compensate losses incurred by them for selling ... Read more...

Posted in Business |

Anand Sharma opposes report on land acquisition


May 18th, 2012 - 10:03 pm ICT by IANS
New Delhi, May 18 (IANS) Terming the parliamentary panel's report that seeks to bar the government from acquiring land for industrial use as "unacceptable", Commerce and Industry Minister Anand Sharma ... Read more...

Posted in Politics |

Chandy invites India Inc to invest in Kerala


May 14th, 2012 - 10:52 pm ICT by IANS
Mumbai, May 14 (IANS) In a bid to attract investments to Kerala, Chief Minister Oommen Chandy Monday extended invitations to India Inc to forge deeper engagements with God's Own Country."In ... Read more...

Posted in Business |

Chandy to lead ‘Emerging Kerala’ road show in Mumbai (Lead)


May 13th, 2012 - 5:15 pm ICT by IANS
Mumbai/Thiruvananthapuram, May 13 (IANS) Kerala Chief Minister Oommen Chandy will Tuesday lead an "Emerging Kerala" road show in India's financial capital Mumbai.Chandy along with Industries and IT Minister P.K. ... Read more...

Posted in Business |

Industry welcomes GAAR deferral


May 7th, 2012 - 10:03 pm ICT by IANS
New Delhi, May 7 (IANS) India Inc. Monday welcomed the government's decision to defer implementation of the General Anti-Avoidance Rules (GAAR) by a year."We are happy that the suggestions made ... Read more...

Posted in Business |

GAAR adding to investors’ anxiety: ICRA


April 26th, 2012 - 9:17 pm ICT by IANS
Kolkata, April 26 (IANS) Credit rating agency ICRA Thursday said the provisions of the General Anti-Avoidance Rules (GAAR) prescribed in this year's budget has added to investors' anxiety."Not lack ... Read more...

Posted in Business |

India Inc says cheers to surprise interest rates cut (Second Lead)


April 17th, 2012 - 9:29 pm ICT by IANS
New Delhi, April 17 (IANS) Indian Industry Tuesday rejoiced at the interest rates cut by the Reserve Bank of India for the first time in three years by an unexpected ... Read more...

Posted in Business |

India Inc welcomes rate cut (Lead)


April 17th, 2012 - 7:26 pm ICT by IANS
New Delhi, April 17 (IANS) The Indian industry Tuesday welcomed the Reserve Bank of India's (RBI) move to cut some key lending rates by 50 basis points, saying it would ... Read more...

Posted in Business |

India Inc welcomes rate cut


April 17th, 2012 - 6:07 pm ICT by IANS
New Delhi, April 17 (IANS) Indian industry Tuesday welcomed the Reserve Bank of India's (RBI) move to cut some key lending rates by 50 basis points, citing that it will ... Read more...

Posted in Business |

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