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Time was ripe for policy accommodation for growth: ASSOCHAM President, Mr Rana Kapoor                                                                                            Finance Ministry calls meeting to resolve bankers salary revision today: G S Sandhu                                                                                            European Bank for Reconstruction & Development seeking to attract Indian investment in Middle East and North Africa: Riccardo Puliti, MD, EBRD                                                                                            Overweight kids in Delhi-NCR are more prone to cardiovascular diseases: ASSOCHAM                                                                                            
Report on Mobile Value Added Services (MVAS)
Report on Mobile Value Added Services (MVAS)

Press Releases

Time was ripe for policy accommodation for growth: ASSOCHAM President, Mr Rana Kapoor
Tuesday, September 30, 2014

"With crude oil prices having come down significantly and showing further prospects of reduction and commodity prices in the global market seeing downward trend, the Reserve Bank would not have taken any inflationary risks if policy interest rates were eased a bit signalling accommodation for boosting growth", ASSOCHAM President Mr Rana Kapoor said today. more...

Finance Ministry calls meeting to resolve bankers salary revision today: G S Sandhu
Tuesday, September 30, 2014

Secretary Financial Services G. S. Sandhu announced for meeting with IBA (Indian Bankers Association) today on issues of salary revision of bankers to break dead locks as earliest as possible at an ASSOCHAM event held in New Delhi today. more...

European Bank for Reconstruction & Development seeking to attract Indian investment in Middle East and North Africa: Riccardo Puliti, MD, EBRD
Monday, September 29, 2014

The European Bank for Reconstruction and Development (EBRD) is exploring investment possibilities with Indian companies in the Middle East and North Africa, its managing director, Mr Riccardo Puliti said at an ASSOCHAM event held in New Delhi today. more...

Overweight kids in Delhi-NCR are more prone to cardiovascular diseases: ASSOCHAM
Sunday, September 28, 2014

As per a World Health Organisation (WHO) report, the cardiovascular diseases (CVD) would be the largest cause of death and disability in India by 2020. “The average age of people with heart ailments is coming down from 50 to 20 years”, reveals ahead of World Heart Day, Sep 29. more...

America Inc. wants to engage with India; top US policy makers seek partnership with India’s transformation
Friday, September 26, 2014

US policy-makers, think tanks, Congressional leaders across the bi-partisan line and most significantly CEOs of the top Fortune 500 companies believe that Prime Minister Mr Narendra Modi and his NDA Government can deliver and transform India into a modern nation with democratic values and America Inc would like to engage with this transformation, according to an assessment done by the ASSOCHAM’s newly-opened US office in New York. more...

‘Make in India’ is a Lion step in making Indian industry competitive.
Thursday, September 25, 2014

The Make in India, launched by Prime Minister Mr Narendra Modi is truely a “lion’s step” in making India a global manufacturing hub. Mr Modi’s assurance to the Indian and global investors that they would not lose and only gain by investing in the country will go a long way in instilling trust and confidence among all sections of the industry, said Mr. Rana Kapoor, President ASSOCHAM. more...

Corporate sector is gender biased, need to cut down restrains for women: Meenakshi Lekhi
Wednesday, September 24, 2014

Terming the atmosphere in the corporate sector as ‘gender biased’, eminent lawyer and Member of Parliament, Ms Meenakshi Lekhi said that there is a need to cut down restrains that prevent women from achieving coveted positions, while addressing an ASSOCHAM event held in New Delhi today. more...

SC Ruling on coal blocks, negative impact on economy: ASSOCHAM
Wednesday, September 24, 2014

Holding the Supreme Court in greatest respect, apex industry body ASSOCHAM today said its ruling, though, cancelling 214 coal blocks including those which are operational or are on the verge of getting operational is a bit harsh. more...

Broadband to every home is target in Digital India: Secretary, Telecom
Tuesday, September 23, 2014

Private sector would have a “huge” opportunity in creating the last mile wireless connectivity to villages from the countrywide fibre optic broadband network (FOBN) that would come up by the financial year 2016-17 connecting 2,50,000 panchayats, said Mr. Rakesh Garg Secretary, Telecommunication at an ASSOCHAM event held in New Delhi. more...

Vast opportunity for e-commerce in India: Telecom & IT minister, Ravi Shankar Prasad
Tuesday, September 23, 2014

There is a vast opportunity for e-commerce in India which can have a couple of players like Chinese e-commerce giant Alibaba if the Government is successful in rollout of its Digital India project, union minister for communications and information technology (IT), Mr Ravi Shankar Prasad said at an ASSOCHAM event in New Delhi today. more...

Uncertainty in tax implications & aggressive revenue approach affecting new investments: ASSOCHAM
Monday, September 22, 2014

Apex industry body ASSOCHAM has expressed serious concerns over uncertainty in tax implications and an aggressive revenue approach adopted by tax administrators to meet unreasonable revenue targets in last 2-3 years which has only led to excessive litigation. more...

Modi visit to US to take India-America ties to new scale; India Inc
Sunday, September 21, 2014

India Inc is very optimistic about the ensuing visit of Prime Minister Narendra Modi with an impressive 77 per cent of corporate heads and senior management expecting tangible results from the much-awaited PM’s meetings with President Barack Obama taking the India- US economic engagement to a further scale from a sizeable level of about USD 150 billion a year, an ASSOCHAM survey has said. more...

Over Rs 1,000 cr damage to Kashmir apple in floods: ASSOCHAM
Saturday, September 20, 2014

Floods have washed out Kashmir apple's crop worth Rs 1,000 crore leaving a devastating impact on growers and the collateral damage for the consumers in rest of the country who should be prepared to pay high prices in the coming festival and rest of the winter season, an ASSOCHAM assessment of the state pointed out. more...

Norms for REITs to be notified soon: ED, SEBI
Friday, September 19, 2014

BSE to have 100 cos. listed on its SME platform by end of December: Ashish Kr. Chauhan The Securities Exchange Board of India (SEBI) is in the final stages of drafting guidelines for real estate investment trusts (REITs) in India and it will be notified very shortly, a top SEBI official said at an ASSOCHAM event held in New Delhi today. more...

Government is planning to rope in more states in Buddhist Circuit: Tourism Minister, Shripad Naik
Thursday, September 18, 2014

Odisha has strong case to be included in Buddhist Circuit: Tourism Minister, Odisha Govt. With a view to promote Buddhist tourism in India, Union Ministry of Tourism is planning to rope in more states to be integrated in the Buddhist Circuit apart from Bihar and Uttar Pradesh (UP), Minister of State (Independent Charge) for Tourism and Culture, Mr Shripad Naik said at an ASSOCHAM event held in New Delhi today. more...

Maruti voting by minority shareholders in Gujarat plant likely in November: Chairman, Maruti Suzuki India
Thursday, September 18, 2014

Chairman, Maruti Suzuki India Ltd, Mr R.C. Bhargava today said at an ASSOCHAM meeting about voting by minority shareholders in Gujarat plant will take place in November instead of October. Addressing the interactive session on “Asia Monozukuri Conference 2014” organized by ASSOCHAM here, Mr. Bhargava clarified about the minority shareholders vote on Gujarat plant, he said, “we have not finalized as of now. October will not be possible because time is not adequate for that. The earliest it can happen is in November”. more...

DMRC will reply to NGT on groundwater extraction near Lal Quila: DMRC chief, Mangu Singh India loses 1% GDP in natural disasters: Head/Scientist, Department of Science & Technology
Wednesday, September 17, 2014

The Delhi Metro Rail Corporation (DMRC) will reply to the National Green Tribunal (NGT) on the issue of damage caused to water bodies near Lal Quila area due to extraction of groundwater during construction of an underground station, managing director of DMRC, Mr Mangu Singh said at an ASSOCHAM event held in New Delhi today. more...

Import duty on feedstock for petrochemicals be fixed at zero rate to boost domestic value addition: Study
Tuesday, September 16, 2014

India's trade imbalance with GCC to deteriorate with tariff elimination on petrochemicals under proposed FTA There is an urgent need to fix import duty on feedstock for petrochemicals including naphtha, natural gas liquids (NGL), propane and butane at zero rate to make investments in this sector financially viable and encourage domestic value addition as currently all these feedstock have higher duty resulting in nil to negative protection to the sector, according to an ASSOCHAM study. more...