India Inc

India to boost Technical Textiles Sector: Irani

Seen in the picture is Union Minister for Textiles, Smriti Irani at the textiles show “artisan Speak”, at Elephanta Caves, in Mumbai on January 28, 2018.

“Under the aegis of Ministry of Textiles, for the first time in the history of India, we have dedicated to the nation 207 HSN codes for technical textiles. I see this as a function of unleashing the potential of not only technical textiles but also of an industry which impacts both our farm life and our space pursuits. This decision ...

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Government and India Inc reaffirms commitment to ethics in fight against corruption

Fight against Corruption in India

The Government is totally committed to bringing transparency to the system since transparency is key to controlling corruption, said Jitendra Singh, Minister of State (I/C) for the Ministry of Development of North Eastern Region; Minister of State for Prime Minister’s Office; Minister of State for Ministry of Personnel, Public Grievances and Pensions, Department of Atomic Energy, and Department of Space, ...

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India Inc commits to influence more companies to become champions of includability

India Inc and inclusive opportunities for PWDs

The Confederation of Indian Industry (CII) launched a unique and first of its kind, India Business Disability Network (IBDN) at the National Conference on ‘Mainstreaming Inclusivity & Accessibility – Enabling Industry’ in Delhi on 21st January 2019. The IBDN, being set-up in partnership with the International Labour Organisation (ILO) and the Employers’ Federation of India (EFI), is a National Business Disability ...

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GST Council sets higher exemption threshold limit for Supplier of Goods; India Inc expects it to boost MSMEs

GST relief to MSMEs

The GST Council in its 32nd Meeting under the Chairmanship of the Union Minister of Finance & Corporate Affairs, Arun Jaitley in New Delhi in a bid to give a boost to the MSME sector (including Small Traders) among others announced Higher Exemption Threshold Limit for Supplier of Goods. “There would be two Threshold Limits for exemption from Registration and Payment of GST for the ...

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Two years of insolvency and Bankruptcy Code (IBC): Article by Arun Jaitley

The Union Minister for Finance and Corporate Affairs Arun Jaitley is back with a bang as he was unrelenting in his response to the query by Mr R in the parliament on 2nd January 2019. In the file picture he is seen chairing on of the Council Meeting Meetings via video conferencing in New Delhi.

The Congress left behind the legacy of an anachronic system of resolving commercial insolvency.  The Companies Act had a provision of winding up a company if it is unable to pay its debt.  Additionally, the Congress Government had enacted the SICA in the decade of 1980s for rehabilitation of sick companies.  This applied to companies whose net worth has become ...

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Shaktikanta Das succeeds Urijit Patel as new RBI Governor

Shaktikanta Das

Shaktikanta Das has been appointed as RBI Governor due to sudden resignation of Urijit Patel due to personal reasons on 10 December 2018. He earlier was Secretary, Department of Economic Affairs. Industry Chambers have welcomed the move anticipating it to lend stability

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Prime Minister Modi Launches Ease of Doing Business Grand Challenge

As part of his resolve to make India one of the easiest places to conduct business in the world- PM Modi has launched Ease of Doing Business Grand Challenge on 19 November 2018. Seen in File picture is  Prime Minister, Narendra Modi in a group photograph with the winners team, at the India-Singapore Hackathon 2018, in Singapore on November 15, 2018.

The Prime Minister of India launched a Grand Challenge on resolving seven identified Ease of Doing Business problems with the use of cutting edge technologies. The objective of this Challenge is to tap the potential of young Indians, startups and other private enterprises to provide solutions to complex problems using current technology. The Prime Minister, Narendra Modi, at a programme organised ...

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India will be Global Hub of Start-Up Community: Prabhu

Inc42

Indian startups have the capacity to bring about transformational change to India’s growth story said Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, in New Delhi on 16 November 2018.  He was speaking at the launch of a report on the State of the Indian StartupEcosystem-2018 by Inc 42 which is an Indian information platform known for ...

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India leaping forth towards becoming $10 trillion economy: VP @ Economic Times Awards for Corporate Excellence

Business Reformer of the year Award to the Chief Minister of Telangana

The Vice President of India, M. Venkaiah Naidu has said that world nations, led by the UN, should arrive at a consensus in refusing shelter to economic fugitives and create a framework for Extradition Treaties and exchange of information on black money. He was delivering keynote address after presenting Economic Times Awards 2018 for Corporate Excellence, in Mumbai on 17 ...

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India a leading fintech and Startup nation in the world: PM Modi @ Fintech2018 in Singapore

Singapore Fintech Festival

In presence of Deputy Prime Minister of Singapore Tharman Shanmugaratnam, a voice of influence in the world of finance, Ravi Menon, Managing Director of Monetary Authority of Singapore, a leading institution in fintech, Tens of thousands of participants from over one hundred countries, Indian Prime Minister Narendra Modi took in the challenge and privilege of becoming the first Head of Government to ...

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3-Day India Mobile Congress with the theme, “New Digital Horizons – Connect. Create. Innovate.” began on a grand note in Delhi

IMC 2018

India Mobile Congress (IMC) is one of the biggest marquee Mobile, Internet, and Technology event for South and South-East Asia, with the theme, “New Digital Horizons – Connect. Create. Innovate.” IMC 2018 began on a grand-scale at Aero City, New Delhi with over 300 companies, 20 countries participating in this prestigious event in the Asia Pacific region. Here, Manoj Sinha, Minister of ...

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38 MoU’s signed at Bhubaneswar Steel Conclave

machine tools hub in Odisha

Capital Goods(CG) producers from across the globe inked 38 MoUs with Indian steel companies, which will reduce imports for the steel sector worth Rs 39,400 crore. The MoU’s were signed at a Conclave in Bhubaneswar on 23 October 2018, which was organised by Ministry of Steel, Government of India, in association with Confederation of Indian Industry (CII) and MECON. The National ...

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