Press Releases

Kolkata Port should develop separate dock system to efficiently handle growing cargo from B’desh: ASSOCHAM

Wednesday, 08 May, 2019

Kolkata, 08th May 2019: Kolkata Port Trust (KPT) should develop separate Dock System with ship-to-shore handling facility in order to efficiently handle growing Bangladesh and coastal cargo, suggested an ASSOCHAM paper.

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Creditors recovered 195% of liquidation value of cos. under IBC: IBBI chief, Dr M.S. Sahoo

Saturday, 04 May, 2019

New Delhi, 04th May 2019: Creditors have received 195 per cent of the liquidation value of the companies which found resolution under the Insolvency and Bankruptcy Code (IBC), Dr M.S. Sahoo, chairperson, Insolvency and Bankruptcy Board of India (IBBI) said at an ASSOCHAM event in New Delhi today.

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Resolution for 94 stressed assets reached Rs 75K crore with 43% recovery rate as on 31st March ’19: ASSOCHAM-Crisil study

Friday, 03 May, 2019

New Delhi, 03rd May 2019: With a respectable recovery rate of 43 per cent, resolution for 94 stressed assets has been reached for Rs 75,000 crore as on March 31, 2019 out of Rs 1,75,000 crore total claim of financial creditors admitted under the Corporate Insolvency Resolution Process (CIRP) approved by the National Company Law Tribunal (NCLT), noted a just concluded ASSOCHAM-Crisil joint study.

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Govt. strongly focussed on attracting FDI to push economic growth: BJP spokesman

Tuesday, 30 April, 2019

New Delhi, 30th April 2019: With India facing significant shortage of equity capital, the government is focussed on attracting foreign direct investment (FDI) to create capital in the domestic economy, said Mr Gopal Krishna Agarwal, national spokesperson of Bharatiya Janata Party (BJP) and independent director, Bank of Baroda at an ASSOCHAM event in New Delhi today.

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$5 bn required annually for municipal solid waste management through PPP mode in Indian cities: ASSOCHAM-EY study

Sunday, 21 April, 2019

New Delhi, 20 April, 2019: An amount of US$5 billion every year is required to implement public-private partnership (PPP) model for municipal solid waste management (MSWM) in Indian cities, noted a recent ASSOCHAM-EY joint study.

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Only 4% organisations confident of information security implications of their current strategy: Report

Sunday, 14 April, 2019

New Delhi, April 13, 2019: A meagre four per cent of organizations are confident that they have fully considered the information security implications of their current strategy, and that their risk landscape incorporates and monitors relevant cyber threats, vulnerabilities and risks, noted a recent ASSOCHAM-EY joint study.

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Passenger vehicle sales in India may reach 5 million units in FY23: Report

Wednesday, 03 April, 2019

New Delhi, April 3, 2019: The passenger vehicle (PV) market in India is likely to reach a sales figure of about five million units in FY 2023 from 3.3 million units in FY18 thereby clocking a compounded annual growth rate (CAGR) 7.7 per cent, according to a recent ASSOCHAM-Roland Berger joint study.

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India’s media & entertainment per capita spend will be capped at 32 USD: ASSOCHAM-PwC study

Sunday, 31 March, 2019

New Delhi, March 30, 2019: India’s per capita media and entertainment spending will be capped at a mere 32 dollars by 2021 compared to 222 dollars in China and 2,260 dollars in the United States, according to an ASSOCHAM-PwC joint study.

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