CII backs govt's Rs 40k-cr tax demand from FIIs

Last Updated: Sunday, April 19, 2015, 15:04

Finance Minister Arun Jaitley, too, had previously stated that India was not a tax haven and legitimate dues from foreign investors will be pursued.

Govt needs to control 'over-Hindutva' elements: Godrej

Last Updated: Friday, April 17, 2015, 23:44

Expressing concern over incidents like attacks on churches, industry leader Adi Godrej on Friday said the government needs to control extreme 'Hindutva' elements as continuation of such cases can dampen investor sentiments and "create disturbances".

Successful Indian companies fuelling UK economy: Study

Last Updated: Thursday, April 16, 2015, 22:48

The total number of people in the UK employed by Indian companies has increased by 10 percent; from 1,00,000 last year to nearly 1,10,000.

Foreign companies see turnaround in India: CII Director General

Last Updated: Wednesday, April 15, 2015, 11:31

CII Director General Chandrajit Banerjee said the process of clearances in India has been streamlined and predictability has been brought about in taxes, setting the positive tone for foreign investments.

Sumit Mazumder elected new CII President

Last Updated: Tuesday, April 7, 2015, 20:18

TIL chairman and managing director Sumit Mazumder has been elected as the President of industry body CII for 2015-16.

No stake sale in PSBs at current distressed valuation: Jayant Sinha

Last Updated: Monday, April 6, 2015, 23:55

The government on Monday said it will not dilute stake in public sector banks at current distressed valuation.

Companies Act: Govt to set up panel to identify issues pinching firms

Last Updated: Monday, April 6, 2015, 18:59

Finance Minister Arun Jaitley, who also heads Corporate Affairs Ministry, said the immediate priority is to get the proposed amendments to the Companies Act passed by Parliament.

European development bank inks pact with CII

Last Updated: Monday, April 6, 2015, 16:25

EBRD Vice-President Phil Bennett and Confederation of Indian Industry (CII) Director-General Chandrajit Banerjee signed an agreement to this effect today, the bank said in a statement issued from London.

Jaitley urges industry help in honest decision-making

Last Updated: Monday, April 6, 2015, 13:30

Errors in decision-making and corruption in decision-making need to be looked at differently, Finance Minister Arun Jaitley said on Monday in a reference to probes against some leading industrialists and retired bureaucrats for graft.

India Inc's biz confidence improves on eco growth outlook: CII

Last Updated: Tuesday, March 31, 2015, 16:11

The CII Business Confidence Index (BCI) improved marginally during Jan-March FY15, moving up to 56.4 from a level of 56.2 in the previous quarter.

Salaries to rise above inflation level in next 5 years: Study

Last Updated: Tuesday, March 31, 2015, 16:00

Around 60 per cent of the respondents from small organisations and 54 per cent from large organisations believe this wage inequality would increase over the next five years.

Summons for Birla: CII warns of uncertainty among investors

Last Updated: Wednesday, March 11, 2015, 22:22

With a special CBI court issuing summons to industrialist Kumar Mangalam Birla as an accused in a coal scam case, apex industry body CII Wednesday said such orders can create "uncertainty and anxiety among investors" and dissuade them from investing in the country.