Insurers welcome FDI hike; PwC sees inflow of Rs 1 lakh cr
Private sector insurers welcomed the government move to increase foreign holdings to 49 percent from the existing 26 percent saying the move will benefit companies and customers and would help bring in new technology and better services.
Jul 24, 2014, 22:18 PM IST
'Nod to 49% FDI in insurance to drive capital infusion'
Welcoming the Cabinet approval to raise FDI ceiling in insurance, India Inc on Thursday said the move will drive capital infusion in the cash-starved sector by attracting investments from foreign players, enhance insurance cover and push firms to provide long-term savings vehicles.
Jul 24, 2014, 19:25 PM IST
India Inc hails BRICS pact to set up New Development Bank
Terming as "historic" the pact on establishment of a New Development Bank at the BRICS Summit, India Inc Wednesday said the move was likely to strengthen economic cooperation between the five-nation grouping, help stave off future economic crises and boost infra development.
Jul 16, 2014, 19:29 PM IST
India Inc cheers dip in June inflation
Moderation in inflation for the month of June is an outcome of recent measures like crackdown on hoarders taken by the Narendra Modi-led government, and could be an indication of economic recovery being round the corner, India Inc said Monday.
Jul 14, 2014, 21:44 PM IST
IIP signals economy on revival path, Budget to help: India Inc
India Inc 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.
Jul 11, 2014, 22:16 PM IST
Union Budget 2014-15: Industry captains hail Modi govt's first Budget
Industry players said it sets the tone for attaining higher growth trajectory, job creation and attracting investments for an economy grappling with multiple challenges.
Jul 10, 2014, 21:54 PM IST
Industry captains hail Modi govt's first Budget
Industry players said it sets the tone for attaining higher growth trajectory, job creation and attracting investments for an economy grappling with multiple challenges.
Jul 10, 2014, 20:18 PM IST
Economic Survey 2013-14: 'Eco Survey presents realistic macro-economic picture'
The industry also supported the need for a fiscal consolidation roadmap backed by an FRBM Act "with teeth" as outlined in the survey.
Jul 09, 2014, 19:20 PM IST
India Inc gives thumps up to Rail Budget
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.
Jul 08, 2014, 19:59 PM IST
D&B Business Optimism Index rises over 11% for Q3 2014
A stable government at the Centre seems to have had an impact on the country's business climate, as India Inc's optimism index for the third quarter of this year has registered an increase of over 11 percent over last year, a Dun & Bradstreet report has said.
Jul 07, 2014, 19:25 PM IST
India Inc's foreign borrowings fall to $1.46 bn in May
External borrowings of Indian companies fell by 41.3 percent to USD 1.46 billion in May this year compared to the same month last year, according to the Reserve Bank data.
Jul 07, 2014, 19:23 PM IST
India's business confidence at 3-year high; pro-growth Budget eyed
India Inc's business confidence is at a 14-quarter high ahead of the maiden budget of Narendra Modi government that the corporates expect to be "pro-growth".
Jul 06, 2014, 18:10 PM IST
India Inc revenue likely to grow 9-11% in June-quarter: Crisil
The Crisil covered 600 companies excluding financial services and oil companies, representing 71 percent of the market capitalisation of India Inc.
Jul 03, 2014, 18:23 PM IST
India Inc needs $1.52 bn to refinance debt in 2014: RBS
Leading British brokerage RBS Wednesday said Indian corporates will have to arrange USD 1.52 billion funds in foreign exchange in the current calendar year to refinance their debt, which will jump to USD 2.3 billion next year and to USD 9.1 billion in 2016.
Jul 02, 2014, 23:41 PM IST
India Inc's biz confidence up post new govt formation: CII
The CII Business Confidence Index for the April-June quarter inched up to 53.7 from 49.9 in the previous quarter.
Jun 29, 2014, 12:52 PM IST
India Inc sees GDP growth of 5-6% in FY15: Survey
As many as 81 percent of Indian corporates believe the country's economy is likely to grow 5-6 percent in the current financial year, says a survey.
Jun 19, 2014, 18:16 PM IST
India Inc endorses Modi's vision of India
Endorsing Prime Minister Narendra Modi's vision of India outlined in his address to Parliament, India Inc said the efforts to improve farm productivity, rein in price rise and impart skills to youth will transform the nation in the days to come.
Jun 11, 2014, 22:25 PM IST
India Inc has strongest hiring plans for next three months
The Manpower Employment Outlook Survey released today also said that hiring activities are picking up in some sectors on the hopes of "business sentiment turning positive in anticipation of a stable government coming to the helm".
Jun 10, 2014, 12:56 PM IST
India Inc records modest growth in cash reserves
The Sensex flight masks an ugly reality of India Inc. With Sensex having closed at record high level of 25,580 on Monday, comes the bad news of marginal growth in cash reserves of Sensex companies’ last fiscal.
Jun 10, 2014, 00:38 AM IST
