CII

  • Users to soon get choice of selecting power discom, says Piyush Goyal December 6, 2014

    New Delhi: Consumers will soon be able to choose their power supply company as the government is making necessary amendments to the Electricity Act to enable this provision which is aimed at encouraging greater competition in the distribution sector. Shifting focus from generation, the government plans to fix electricity distribution...
  • Two day National Foundry Conclave from Nov 27 November 23, 2014

    Coimbatore: The 7th Edition of National Foundry Conclave, a biennial event, will begin here from November 27 with the focus on best practices required for strengthening the foundry industry as a whole. The theme of the two day conclave is "in Pursuit of Knowledge" and proposed to focus on knowledge and...
  • HRD planning 'Think in India' drive to up innovation, says Smriti Irani November 20, 2014

    Greater Noida: In line with Prime Minister Narendra Modi's 'Make in India' campaign, the HRD Ministry is planning to come up with a 'Think in India' drive to encourage students and researchers to come up with innovations and new ideas and to keep the talent back home from leaving abroad....
  • Ashamed to say my children studied abroad, says Uday Kotak November 5, 2014

    New Delhi: Pitching for major reforms in the country's education system, noted banker Uday Kotak on Wednesday said that he is "ashamed" to say that his children had to go overseas to study as he felt those courses were better abroad. Speaking during a session on education at the India...
  • SC ruling on coal blocks likely to hit economy: India Inc September 24, 2014

    New Delhi: The Supreme Court's mass cancellation of coal block licences will cause serious supply disruptions and accentuate the power crisis, and is likely to impact the economy by jeopardising investments in the sector, India Inc said on Wednesday. "The decision taken by the Supreme Court to cancel all but four...
  • CCI imposes Rs 2,545 crore penalty on 14 car makers August 25, 2014

    New Delhi: In the first major order against auto players, the Competition Commission on Monday slapped a penalty of Rs 2,545 crore on 14 car makers, including Maruti Suzuki and Tata Motors, for violating trade norms in the spare parts and after services market. Honda Siel Cars India, Volkswagen India, Fiat...
  • Innovation top concern of India's food processing: CII August 24, 2014

    New Delhi: Product development and innovation are the top concerns for the Indian food processing sector, the Confederation of Indian Industry said in a report on Sunday. "While India has favourable supply side dynamics, thanks to its strong agriculture base, product development and innovation in the sector has taken a back...
  • Tremendous mood swing, positivity on Modi government: Indian CEOs July 26, 2014

    Washington: After the formation of the Narendra Modi government, there is a tremendous mood swing and positivity in the country, a visiting delegation of Indian CEOs from CII said describing its maiden budget as visionary. The delegation of Indian CEOs from Confederation of Indian Industry in an interaction with the Washington...
  • Economic Survey presents realistic macroeconomic picture: India Inc July 9, 2014

    New Delhi: Terming the Economic Survey 201314 as a "realistic" assessment of the current picture, India Inc on Wednesday hoped that the Budget will address key issues like infrastructure development and implement measures outlined in the document to revive growth. "The bold reform measures outlined in the Economic Survey need to...
  • CII welcomes government resolve to liberalise FDI in defence June 10, 2014

    New Delhi: Welcoming the government's resolve to liberalise FDI in the defence sector, CII on Tuesday said that the proposed move will create more opportunities within India by helping create jobs and boost manufacturing sector growth. The industry chamber pointed out that a meager $4.8 million worth of foreign direct...
  • Arun Jaitley begins consultations for his maiden national budget June 5, 2014

    Finance Minister Arun Jaitley on Thursday began consultations with various stakeholders ahead of the final national budget to be presented next month, in the first such exercise both for him and the Narendra Modi government. The finance minister first met with representatives of the farm sector, including noted agriculture scientist and...
  • Best of Open Mike: CII and Bastar chaupals May 8, 2014

    Ahead of the final leg of Lok Sabha polls, CNNIBN Deputy Editor Sagarika Ghose visits CII in New Delhi and takes the views of corporates on the candidature of Narendra Modi. In Chhattisgarh, she visits Bastar to get a sense of whether the locals consider voting to be pivotal. ...
  • Open Mike: Does the relationship between business and politics need to be made more transparent? April 23, 2014

    In the run up to the 2014 Lok Sabha elections, CNN-IBN Deputy Editor Sagarika Ghose visits Confederation of Indian Industry (CII) in New Delhi as a part of special series 'Open Mike' and takes views of corporate citizens on the forthcoming elections. ...
  • Clay Craft offers 20 per cent discount to buyers who will vote April 16, 2014

    Fine bone-China and ceramic tableware manufacture Clay Craft has announced a discount of 20 per cent on its products for those customers who would cast their votes. "To encourage the voting among youths, the initiative was taken. The discount of 20 per cent on retail outlets in Jaipur will be available from...
  • Cost of credit biggest worry for CEOs: CII February 23, 2014

    Corporate honchos have cited cost of credit as their biggest concern impeding economic growth and investments, even as a majority of them said the interim budget would help increase overall demand within next six months, a poll of industry leaders by CII has said. An overwhelming 74 per cent of respondents...
  • Transparency rubbishes AAP's claim of reduced corruption in Delhi February 18, 2014

    New Delhi: Former Delhi chief minister Arvind Kejriwal and other AAP leaders had cited a Transparency International report to claim that corruption had come down in Delhi during his tenure. But the global anticorruption organisation has denied Aam Aadmi Party's claims that corruption had come down during Kejriwal's 49day tenure. On Monday...
  • India @ 9 with Rajdeep Sardesai February 17, 2014

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Politicians shouldn't become a roadblock for business: Arvind Kejriwal February 17, 2014

    New Delhi: Aam Aadmi Party leader Arvind Kejriwal on Monday called for a 'corruptionfree' environment for businessman in India. Speaking at CII, Kejriwal said AAP's policy is honest politics. "Every party talks about development, but can there be any development with corruption," Kejriwal asked. He alleged that out fear, no one...
  • Posco project will inspire South Korean firms to invest in India, says President Park Guenhye January 17, 2014

    The success of Posco's $12 billion steel project in Odisha will inspire and determine investments by other major Korean firms in India, South Korean President Park Geunhye said on Friday. Addressing a business meeting in Seoul, Park, who is on a fourday state visit here, hoped that the Posco plant would...
  • Government planning higher dose of diesel prices January 9, 2014

    New Delhi: The government is planning a higher dose of diesel prices to cut the fuel subsidy bill, Petroleum Secretary Vivek Rae said in New Delhi on Thursday. "We are circulating the Kirit Parikh report for interministerial consultation. The suggestions for higher dose of diesel price would be part of it,"...
  • CII Business Outlook shows signs of economic turnaround December 29, 2013

    New Delhi: Indicating signs of economic revival, the CII Business Confidence Index (BCI) rose sharply to 54.9 during the OctoberDecember period of 201314 fiscal, from 45.7 in the previous quarter. "With positive signals emanating from the global economy, which finds a resonance in our improved export performance and is causing our...
  • CII calls for addressing food security issue at Bali meet December 1, 2013

    The outcome of the WTO meet at Bali without addressing the concerns of developing countries including India on issues like food security plan would erode the credibility of the multilateral body, industry body CII said on Sunday. "Any outcome sans a good development package, including adequate safeguards for developing countries to...
  • Ratan Tata is Sachin Tendulkar of corporate India: Chidambaram November 16, 2013

    Mumbai: Praising industrialist Ratan Tata, Finance Minister P Chidambaram described him as the Sachin Tendulkar of corporate India. Chidambaram was speaking after honouring the Chairman Emeritus of the Tata Group with the first CII President's award for his contributions to industry and society. With a large gathering of corporate leaders in...
  • Ghana president John Dramani Mahama to visit India November 4, 2013

    Ghana President John Dramani Mahama will pay an official visit to India Nov 1013, the external affairs ministry said on Monday. The president will be accompanied by Ghana's ministers of foreign affairs, finance and economic planning, trade and industry and information and media relations besides senior government officials. He will hold discussions...
  • Home, auto loans to be costlier as RBI hikes policy rate October 29, 2013

    The Reserve Bank of India (RBI) on Tuesday hiked a key policy interest rate by 0.25 per cent in less than two months to curb inflation, but eased some rupee support measures. The move would make home, auto and other loans costlier. In its second quarter review of the monetary policy...
  • IndiaPakistan business meet to be held in Delhi next week: Salman Bashir October 7, 2013

    Hyderabad: The second meeting of the IndiaPakistan business council will be held in Delhi next week, Pakistan High Commissioner to India Salman Bashir said in Hyderabad on Monday. Interacting with a group of business leaders at a meet organised by the Confederation of Indian Industry (CII), Bashir said the council had...
  • Pak clerics against death to false accuser under blasphemy law September 20, 2013

    Pakistan's top clerics have struck down a proposal for awarding death sentence to people making false accusations under the controversial blasphemy law. A meeting of the Council of Islamic Ideology (CII) witnessed serious ideological differences between the hardliners and the moderates over the proposal to award the same punishment to a...
  • Navy to induct 4-5 warships every year: Vice chief September 16, 2013

    New Delhi: The Indian navy plans to induct 4-5 warships every year in the coming decade, Vice Chief of Naval Staff RK Dhowan said on Monday. Vice Admiral Dhowan was speaking at the curtain raiser ceremony of the first naval and maritime exposition and conference being organised by industry body CII from...
  • Indian business delegation to visit Qatar next week September 5, 2013

    Dubai: A high-level Indian business delegation will visit Qatar next week aimed at expanding business ties with the Gulf country. The 14-member delegation from the Confederation of Indian Industry (CII) will visit Qatar's capital Doha from September 8 to 10. It will be led by K K M Kutty, Chairman of CII's...
  • Next few months difficult for economy: CII President August 30, 2013

    CII President Kris Gopalakrishnan has said that even as the government is taking steps to overcome the economic crisis, the next few months will be uncertain for the investors due to the coming elections. ...