Press Releases

Mobile manufacturing industry to mark Rs 132,000 cr by 2018: Ravi Shankar Prasad

Thursday, 26 April, 2018

New Delhi, April 26, 2018: Indian mobile manufacturing industry is expected to touch Rs 1,32,000 crore by end of 2018, said Ravi Shankar Prasad, Union Minister, of Electronics & Information Technology said at an ASSOCHAM event held in New Delhi today.

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Frame separate law & implement Direct Selling Guidelines: ASSOCHAM plea to Consumer ministry

Tuesday, 24 April, 2018

New Delhi, April 24, 2018: Apex industry body ASSOCHAM has urged the centre for speedy implementation of Direct Selling Guidelines notified by Union Government’s Department of Consumer Affairs in 2016 to facilitate ease of doing business in this sector.

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IBC, RERA pitted against each other; need reconciliation: ASSOCHAM

Sunday, 22 April, 2018

New Delhi, 21 April 2018: The two laws enacted in 2016 may have the best of intentions, but the Insolvency and Bankruptcy Code (Code) and the Real Estate (Regulation and Development) Act appear to be pitted against each other when it comes resolving interest of bankers and home-buyers, said an ASSOCHAM- Thought Arbitrage paper.

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PE, VC funds with adequate net worth & capability can bid for strategic divestments like Air India: DIPAM secy

Thursday, 19 April, 2018

New Delhi, April 19, 2018: Private equity (PE) and venture capital (VC) funds with adequate enterprise or managerial or technical investors in the whole consortium sort of model can come forward to participate in strategic divestments like Air India, a top Government official said at an ASSOCHAM event held in New Delhi today.

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ASSOCHAM-Deloitte paper moots for integrated end-to-end logistics to enhance efficiencies

Tuesday, 17 April, 2018

New Delhi, April 17, 2018: With the Indian logistics sector having taken centre-stage of government reforms, moving towards an integrated ecosystem is pertinent for holistic growth of the sector, as recommended in a thought paper jointly produced by ASSOCHAM and Deloitte.

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Twin balance sheets problems nearing resolution in 3 quarters: ASSOCHAM

Sunday, 15 April, 2018

New Delhi, 14 April 2018: It may take at least another three quarters before the problem of twin balance sheets of banks and highly leveraged corporate firms gets reasonably resolved, even as the process of resolution of the companies under IBC reference would pick up pace in the coming months, said ASSOCHAM.

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88% of Delhiites suffer from lack of Vitamin D: survey

Thursday, 12 April, 2018

New Delhi, 12 April, 2018: Concerned over the alarming rise of insufficient Vitamin D in India, about 8 in 10 people in Delhi suffer from Vitamin D deficiency which causes chronic muscle pain, spasms, low energy levels, depression etc, according to ASSOCHAM Healthcare Committee report brought out by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) here today.

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Cyber frauds: ASSOCHAM-PwC paper moots proposal for creating central monitoring mechanism

Tuesday, 10 April, 2018

New Delhi, April 10, 2018: The union government must set up a central security operations centre (SOC) with advanced analytical capabilities to enable continuous and real-time monitoring of all information technology (IT) assets, interconnected networks and operational environments, suggested a recent ASSOCHAM-PwC joint paper.

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Privacy, data leak, data trail, strategic issues to need RBI focus on crypto currency: ASSOCHAM

Sunday, 08 April, 2018

New Delhi, 7 April 2018: Describing the RBI move to explore and examine introduction of official virtual currency in the country, the ASSOCHAM has, however, cautioned that extreme care be taken to ensure safety of the data trail that the crypto currency can leave as it changes hands through a range of electronic devices and platforms.

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Did not get support for coal industry from Odisha: Piyush Goyal

Wednesday, 04 April, 2018

Bhubaneswar, April 4, 2018: While the government was able to ramp up coal production in Chhattisgarh, Jharkhand and Madhya Pradesh, it was still struggling in Odisha, union minister for coal and railways, Mr Piyush Goyal said at an ASSOCHAM event held in New Delhi last night.

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