INC

  • J&K floods: India Inc donates to relief efforts 4 days ago

    New Delhi: The Prime Minister's Office (PMO) Saturday said that it has received generous donations from India Inc. for carrying out rescue and relief operations in Jammu and Kashmir in the aftermath of the flood calamity in the state. "The corporate sector is coming forward to extend its support to the...
  • FDA approves weight-loss drug Contrave 6 days ago

    Washington: US regulators are greenlighting a new weight-loss drug called Contrave, the third in a string of approvals for anti-obesity treatments. The drug was developed by Orexigen Therapeutics Inc, based in La Jolla, California. The Food and Drug Administration said on Thursday that it is approved for use by people...
  • Corporates find marked difference in government functioning in 100 days: Assocham August 31, 2014

    New Delhi: In a thumbs up for the Narendra Modi-led NDA government ahead of completion of 100 days in office, most corporate leaders are finding a marked difference in style of functioning of the government with a strong focus on accountability and execution with ear-to-ground approach. "Prime Minister Narendra Modi has...
  • Industrialisation in Bengal: Government pats its back, India Inc unsatisfied August 19, 2014

    Kolkata: West Bengal Chief Minister Mamata Banerjee is just days away from making her maiden and much-hyped foreign trip to Singapore to attract investments to her state. Her trip comes just days after a war of words ensued between industrialist Ratan Tata and the Trinamool Congress (TMC) over economic development...
  • Time Warner rebuffs Fox bid, but Rupert Murdoch determined July 16, 2014

    New York: Rupert Murdoch's 21st Century Fox Inc said on Wednesday that it had offered to buy Time Warner Inc, a move that would unite two of the world's most powerful media conglomerates, but Time Warner rebuffed its offer. Time Warner's stock jumped 17.3 per cent to $83.33 on the New...
  • India Inc hails BRICS pact to set up New Development Bank July 16, 2014

    New Delhi: Terming as "historic" the pact on establishment of a New Development Bank at the BRICS Summit, India Inc on Wednesday said that the move was likely to strengthen economic cooperation between the five-nation grouping, help stave off future economic crises and boost infra development. "Agreements on setting up of...
  • Ex-Goldman director Rajat Gupta fails to void conviction July 15, 2014

    New York: Former Goldman Sachs Group Inc director Rajat Gupta, serving a two-year prison term, has failed to persuade a federal appeals court to overturn his insider trading conviction. In a brief order, the full 2nd US Circuit Court of Appeals in New York refused on Monday to disturb a March...
  • IIP signals economy on revival path, Budget 2014 to help: India Inc July 11, 2014

    New Delhi: India Inc on Friday said the sharp rise in industrial output in May is a sign the economy is on the road to recovery and expects the rebound to sustain on the back of policy measures unveiled in the maiden budget of the Narendra Modi-led government. "Rise in...
  • India Inc welcomes Modi's Budget, says it sets tone for higher growth trajectory July 10, 2014

    New Delhi: India Inc on Thursday welcomed the Narendra Modi government's maiden budget, saying it sets the tone for attaining higher growth trajectory, job creation and attracting much-needed investments for an economy grappling with multiple challenges. "I think the approach of creating a stable business environment to attract investment and boost...
  • Economic Survey presents realistic macro-economic picture: India Inc July 9, 2014

    New Delhi: Terming the Economic Survey 2013-14 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...
  • Thrust on PPP, FDI to improve rail infrastructure, create jobs: Industry July 8, 2014

    New Delhi: Terming the rail budget as growth- oriented, India Inc on Tuesday said the emphasis on forging public-private-partnerships and attracting FDI will give a boost to infrastructure development and generate jobs. "We welcome the proposal for financing bulk of future projects through public-private-partnership (PPP) route that will help overcome the...
  • Premier League side Hull sign winger Tom Ince July 7, 2014

    Hull: English winger Tom Ince has ended his public search for a new team by staying in the Premier League and joining Hull City. The 22-year-old Ince embarked on a trip to Italy in a blaze of publicity but the player said he rejected the chance of following in his father...
  • RBI restores overseas investment limit July 3, 2014

    Mumbai: The Reserve Bank of India (RBI) on Thursday restored the overseas investment limit of Indian companies to 400 percent of the firm's net worth after the rupee rebounded from last year's record low levels against the dollar. Last August, the RBI cut the overseas investment limit for companies to 100...
  • Afghanistan woos India Inc; to give preference to Indian companies June 24, 2014

    Mumbai: Keen on attracting greater funds from India Inc in rebuilding the war-ravaged nation, Afghanistan will accord preferential treatment to Indian investors, a top official said on Tuesday. "Afghanistan has been a recipient of assistance for capacity building, infrastructure, community based business projects and humanitarian assistance from India. We intend to...
  • India Inc expects better services post rail fare hike June 20, 2014

    New Delhi: India Inc on Friday said the hike in railway passenger and freight fares will help in resource mobilisation, hoping that the higher fares will lead to better quality and safety of services offered by the Indian Railways, while asking the government to allow FDI in Railways. "The rates...
  • India Inc sees GDP growth of 5-6 pc in FY15: Survey June 19, 2014

    Mumbai: As many as 81 per cent of Indian corporates believe the country's economy is likely to grow 5-6 per cent in the current financial year, says a survey. "India Inc expects the economy to grow between 5-6 per cent and rupee around 77 per cent to appreciate against the...
  • Rajat Gupta loses appeal of $13.9 million fine, heads to prison June 17, 2014

    New York: Former Goldman Sachs Group Inc director Rajat Gupta on Tuesday lost his challenge to a $13.9 million civil penalty and a permanent ban from acting as an officer for a public company, the same day he was scheduled to begin serving a two-year prison sentence. In a brief order,...
  • India's exports grow at fastest pace in 7 months in May June 11, 2014

    New Delhi: India's exports grew by a double-digit pace for the first time in seven months in May, narrowing the trade deficit and setting the ground for easing of restrictions on gold imports. Exports last month rose 12.4 per cent to USD 28 billion from a year earlier, while imports fell...
  • India Inc lay out agenda for new government May 19, 2014

    New Delhi: Pitching for a more industry-friendly business climate, India Inc on Monday asked the incoming government led by Narendra Modi to initiate steps aimed at promoting investments and reviving manufacturing, while putting in place a non adversarial tax regime. "They need to resolve the retrospective and other taxation matters and...
  • India Inc hails decisive mandate for Modi-led BJP May 16, 2014

    Hailing the clear mandate given by voters to the BJP-led NDA, leading lights of corporate India hoped incoming government would boost economic growth and create jobs to herald a "golden era of change". Hinduja Group Chairman Srichand Hinduja described Narendra Modi's massive mandate as a vote for stability that will put...
  • SWOT Analysis of Indian National Congress May 5, 2014

    New Delhi: The Indian National Congress (INC) is the first and oldest national party that was involved in the fight for country's freedom. It has had its ups and downs over the years. An attempt is made to see all aspects of the party from a layman's perspective in terms...
  • When Varanasi voted for the Communists and other interesting facts May 5, 2014

    The CNN-IBN Microsoft Election Analytics Centre is an interesting place to explore, more so when there is an interesting electoral contest in the offing. Varanasi, one of the oldest continuously inhabited cities in the world, is witnessing a multi-cornered contest between BJP's prime ministerial candidate Narendra Modi, AAP's Arvind Kejriwal,...
  • PayPal parts ways with employee Rakesh Agrawal who posted bizarre, possibly drunk, late night tweets insulting colleagues May 5, 2014

    PayPal, the payment processing arm of eBay Inc, said it parted ways with a recently-hired strategy executive after he posted a series of disparaging and at times indecipherable tweets. "Rakesh Agrawal is no longer with the company," PayPal said in a Twitter message. "Treat everyone with respect. No excuses. PayPal has...
  • Data visualisation: NDA versus UPA in government performance April 29, 2014

    For measuring a company performance "Return on equity" is a primary metric. But for measuring a government's performance, there is no similar metric. Traditionally Indian elections are contested by parties based on social aspects like caste, religion, etc. as well as basic amenities like food, clothing and shelter. In the...
  • Narendra Modi supports crony capitalism, says Chidambaram April 13, 2014

    The Congress continues to target BJP's prime ministerial candidate Narendra Modi and Finance Minister P Chidambaram has now said that the former supports crony capitalism. In an interview to CNN-IBN, Chidambaram also hit out at India Inc for calling business leaders fickle. ...
  • India Inc wants BJP to reconsider stand on FDI in retail April 7, 2014

    New Delhi: Dismayed by the BJP's decision to say no to FDI in multi-brand retail in its election manifesto, India Inc has urged the party to reconsider its stand, saying the move may send a wrong signal to overseas investors. However, industry bodies have welcomed other promises made in the manifesto...
  • India Inc eyes poll booster to create 2 million new jobs April 6, 2014

    The upcoming general elections are set to play a key role in the job market, with HR experts pinning their hopes on a stable government to help create over two million new jobs and boost hiring activities by 30-40 per cent this year. As per estimates of various human resource consultants...
  • LS polls: India Inc joins pitch to spread election fever April 4, 2014

    As poll fever grips the nation, corporate biggies like Tatas, Birlas, Hero and Infosys have launched special initiatives to enthuse their own staff and general public to vote and some of them are even promising gifts and other incentives for their employees who vote. Besides, many companies have either declared the...
  • RBI likely to maintain status quo in monetary policy on Tuesday March 31, 2014

    New Delhi: The Reserve Bank will come out with annual monetary policy on Tuesday amid expectations that it will maintain status quo because retail inflation, especially in food items, is yet to show definite signs of moderation. "It would be quite a tough call for the RBI in the given scenario......
  • Congress's poll manifesto a forward looking document: India Inc March 26, 2014

    New Delhi: Terming the Congress poll manifesto as forward looking document, India Inc on Wednesday said initiatives promised by the party with regard to health, pensions and housing will go a long way to support inclusive growth. "The manifesto has pledged to restore India to 8 per cent plus growth rate...