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PM Modi earns eight out of 10 in India Inc. survey on 100 days                                                                                            ASSOCHAM suggests two-pronged action to resolve coal issue                                                                                            High-market concentration in some molecules is major issue in Sun Pharma-Ranbaxy deal: CCI chairman, Ashok Chawla                                                                                            Economy well poised to cross six per cent growth this fiscal: ASSOCHAM President                                                                                            
Report on Mobile Value Added Services (MVAS)
Report on Mobile Value Added Services (MVAS)

Press Releases

PM Modi earns eight out of 10 in India Inc. survey on 100 days
Sunday, August 31, 2014

Prime Minister, Mr Narendra Modi has earned a ranking of eight out of 10 in an India Inc. survey done by ASSOCHAM just ahead of completion of 100 days in office with top corporate leaders finding a marked difference in style of functioning of the government with a strong focus on accountability, execution with ear-to-ground approach in a business-friendly manner. more...

ASSOCHAM suggests two-pronged action to resolve coal issue
Saturday, August 30, 2014

The cancellation of coal blocks will severely shake the confidence of domestic and foreign investors, the loans from banks and financial institutions to the extent of Rs three lakh crore will become non-performing assets (NPAs) and the estimated investment of Rs four lakh crore will be threatened, apex industry body ASSOCHAM said today. more...

High-market concentration in some molecules is major issue in Sun Pharma-Ranbaxy deal: CCI chairman, Ashok Chawla
Friday, August 29, 2014

The major issue being probed in the multi-billion dollar Sun Pharma-Ranbaxy deal is to see if there is a high-market concentration in some molecules which will emerge as result of the proposed merger and acquisition (M&A) deal, chairman of the Competition Commission of India (CCI) said at an ASSOCHAM event held in New Delhi today. more...

Economy well poised to cross six per cent growth this fiscal: ASSOCHAM President
Friday, August 29, 2014

While we were expecting a pick up and recovery, 5.7 per cent GDP growth in Q1 is certainly above our expectations. It is a great news given the fact the numbers are the best in two years, ASSOCHAM President Mr Rana Kapoor said today. more...

Drug Price Control Order vitiates National Pharma Pricing Policy, needs extensive changes: ASSOCHAM
Thursday, August 28, 2014

The expected improvement in availability and affordability of essential medicines as envisaged under the National Pharmaceutical Pricing Policy(NPPP 2012) has been badly vitiated “to a large extent” by the Drug Price Control Order (DPCO 2013), a study of the pharma industry by the leading business chamber ASSOCHAM revealed here today. more...

Jan Dhan scheme to eliminate corruption at delivery level; ASSOCHAM
Thursday, August 28, 2014

The landmark Jan Dhan Yojna aimed at providing bank accounts to every Indian household will be a game-changer in fighting corruption at the grassroots and delivery level, ASSOCHAM Secretary General Mr D S Rawat said. more...

ASSOCHAM-China SMEs sign MoUs to explore greater business ties
Wednesday, August 27, 2014

ASSOCHAM and Small & Medium Enterprises (SMEs) of China today have inked five MoUs in different sectors to promote and help the SMEs to exchange technologies and enter joint ventures (JVs). more...

WTO pact or not; India has to catch up fast on trade facilitation; costs are prohibitive: ASSOCHAM
Tuesday, August 26, 2014

India may sequence its agreeing to the WTO Trade Facilitation Agreement depending on its strategic interests, but the country must improve on its own cross-border highly under-performing trade logistics resulting in shipping cost of export from India twice over China and near about three times that from Singapore, ASSOCHAM has said. more...

ASSOCHAM moots 16- projects for implementation
Monday, August 25, 2014

On the eve of completion of NDA’s 100-days in government, industry body ASSOCHAM while welcoming the Prime Minister’s shifting focus more on execution has stated that the next Budget (2015-16) should not be assessed on the financial numbers but the ‘Outcome Budget’ in terms of physical achievements. more...

Ad spends on a high this festive season, e-commerce, social media to be hit: ASSOCHAM
Sunday, August 24, 2014

Faced with a hard -sell situation, corporates are gearing up to spend about 25-30% more on advertising this festive season as compared to the last year in consumer durables, electronics & auto taking the lead, but the blitzkrieg is expected in the e-commerce space vying for higher sales in mobile telephones, shoes, apparel, gifts and electronic gadgets, according to an ASSOCHAM recent paper. more...

Take pro-poor stand & promote GM crops to provide food security to growing population: ASSOCHAM plea to Centre
Friday, August 22, 2014

Apex industry body ASSOCHAM today urged the Central Government to continue allowing research in crop biotechnology (BT) and simultaneously identify areas to develop a more strong regulatory system for India to become global food hub. more...

Economy to grow by 5.8%, Govt to exit diesel subsidy soon: Finance Secretary
Thursday, August 21, 2014

With fast improving macro picture, the Indian economy will achieve a growth rate of 5.8 per cent in the current financial year while the fiscal situation is set to improve considerably with the government expected to completely exit subsidy on diesel soon, Finance Secretary Mr Arvind Mayaram said at an ASSOCHAM meeting in New Delhi today. more...

Unique ID for all hallmarked jewellery sold across India on the anvil: DG, Bureau of Indian Standards
Thursday, August 21, 2014

200 ton gold demand to be served by grey market this fiscal; Monsoon to affect gold demand: WGC India MD The Bureau of Indian Standards (BIS) is working to give a unique ID to each piece of hallmarked jewellery that is sold through registered jewellers and BIS recognised hallmarking centres, its director general, Mr Sunil Soni informed at an ASSOCHAM event held in New Delhi today. more...

TRAI to come out with paper on broadband by September end: Dr Rahul Khullar
Wednesday, August 20, 2014

The Telecom Regulatory Authority of India (TRAI) will come out with a paper on broadband by September end, its chairman, Dr Rahul Khullar informed at an ASSOCHAM event held in New Delhi today. more...

Ecommerce industry likely to spend addl. 500 to 1000 mln USD on Infrastructure, Logistics & Warehousing till 2017-2020: study
Tuesday, August 19, 2014

Indian e-commerce industry is expected to spend an additional 500 to 1,000 million USD on Infrastructure, Logistics and Warehousing, leading to a cumulative spend of 950 to 1900 million USD till 2017-2020, according to an ASSOCHAM-PWC joint study. more...

Gujarat, Maharashtra & Karnataka command highest share in investments attracted by India’s hotels & tourism industry: Study
Tuesday, August 19, 2014

Gujarat Govt. should hold tourism fests abroad to attract foreign tourists in large nos. Gujarat followed by Maharashtra and Karnataka are leading states attracting significant investments in India’s hotels and tourism industry together accounting for about 61 per cent share, noted an ASSOCHAM study. more...

100 entities waiting to apply for small and payment banks: ASSOCHAM Study
Monday, August 18, 2014

Recent draft guidelines on small and payment banks have enthused about 100 entities including microfinance institutions, telecom players, non-banking finance companies (NBFCs) and public sector companies to apply for such banking licence once RBI invites applications for the same, reveals the ASSOCHAM latest study. more...

India ranks third in retail marketing amid BRIC nations: ASSOCHAM
Sunday, August 17, 2014

India has third fastest share in retail marketing adding over 7 million internet users, growing at an annual rate of 15% among the BRIC nations, according to an ASSOCHAM-comScore joint study. more...