India’s engineering goods exports register a stupendous growth of 54 pc, jump to US $ 81.8 billion during April-December 2021
New Delhi: India’s engineering goods exports registered a stupendous growth of 54 per cent and jumped to US $ 81.8 billion during April-December 2021 as compared to US $ 52.9 billion during the same period in the previous ye...
BUREAUCRATS INDIACCI approves acquisition by GlaxoSmithKline Consumer Healthcare Overseas
New Delhi: The Competition Commission of India (CCI) has approved the acquisition by GlaxoSmithKline Consumer Healthcare Overseas Limited and GlaxoSmithKline Consumer Healthcare UK Trading Limited of shareholding in GlaxoSmithKlin...
BUREAUCRATS INDIAFramework for cross-border insolvency, Code of Conduct high on IBBI’s agenda
New Delhi: Dr Mukulita Vijayawargiya, a whole time member, IBBI, has said that a framework for cross-border insolvency would be announced soon under the Insolvency and Bankruptcy Code. Addressing the virtual conference o...
BUREAUCRATS INDIAMSME units are capable of constituting a complete supply chain: Secretary BB Swain
New Delhi: There is tremendous potential for Indian engineering MSMEs to be integrated into the global value chain due to their manufacturing cost advantage, said BB Swain, Secretary, Ministry of MSME, while addressing the inaugur...
BUREAUCRATS INDIAFICCI welcomes PM’s statement at WEF highlighting India’s leadership prowess
New Delhi: Industry body FICCI has hailed Prime Minister Narendra Modi’s statement at the World Economic Forum (WEF), Davos, highlighting India’s leadership prowess. “It is a proud moment whenever India’s p...
BUREAUCRATS INDIATime to bring progressive law, not to ban online games: FICCI Gaming Committee
New Delhi: In view of the statement made by Tamil Nadu Chief Minister MK Stalin to ban online gaming in the state, the FICCI Gaming Committee (FGC) has urged the state government to adopt an enabling gaming policy protecting players while ensuring...
BUREAUCRATS INDIARJIL prepays Rs 30,791 crore clearing all deferred spectrum liabilities
Mumbai: Reliance Jio Infocomm Ltd (RJIL) has said to have paid Rs 30,791 crore including accrued interest to the Department of Telecom towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auctio...
BUREAUCRATS INDIAReliance Industries signs MoU for investment of Rs 5.95 lakh crore in green energy and other projects in Gujarat
Ahmedabad: Reliance Industries Limited (RIL) signed MoU on Thursday with the Government of Gujarat for a total investment of Rs 5.955 lakh crore as a part of Investment Promotion Activity for Vibrant Gujarat Summit 2022. Thes...
BUREAUCRATS INDIAGDP growth estimate on expected lines: FICCI President
New Delhi: The GDP growth estimate at 9.2 per cent for the year 2021-22 is on expected lines, said Sanjiv Mehta, President, FICCI. However, he added, some impact of the ongoing wave of the pandemic caused by the omicron varia...
BUREAUCRATS INDIARs 1,29,780 crore gross GST revenue collection for December 2021
New Delhi: The gross GST revenue collected in the month of December 2021 is Rs 1,29,780 crore of which CGST is Rs 22,578 crore, SGST is Rs 28,658 crore, IGST is Rs 69,155 crore including Rs 37,52...
BUREAUCRATS INDIAReliance New Energy Solar to acquire Faradion Limited
Mumbai: Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd, has signed definitive agreements to acquire 100 per cent shareholding in Faradion Limited for an enterprise value of GBP 100...
BUREAUCRATS INDIA5 Ds to define technology: NaBFID chairman KV Kamath
New Delhi: National Bank for Financing Infrastructure and Development (NaBFID) chairman KV Kamath feels that since March 2020 we now have a digital mindset and at all levels coupled with the advancement in technology. “...
BUREAUCRATS INDIAReliance Brands and Anamika Khanna partner for AK-OK
Mumbai: Reliance Brands Limited (RBL) and Indian couturier Anamika Khanna have agreed to join hands for a 60:40 Joint Venture (JV), either by itself and/or through its affiliates, for owning and developing the brand AK-OK, se...
BUREAUCRATS INDIAHindustan Unilever CMD Sanjiv Mehta takes over as FICCI president
New Delhi: Sanjiv Mehta, Chairman and Managing Director, Hindustan Unilever Limited, and president, Unilever South Asia and Member, Unilever Leadership Executive, has taken over as FICCI president for 2021-2022, fro...
BUREAUCRATS INDIAGovernment’s focus on manufacturing sector important to generate employment: External Affairs Minister Jaishankar
New Delhi: Minister of External Affairs Dr S Jaishankar has said that the focus of the government is on employment, and employment numbers will not be generated without boosting the manufacturing sector. Addre...
BUREAUCRATS INDIAIndian economy set for a strong rebound in 2021-22: CII CEOs poll
New Delhi: Indian economy is all set for a strong rebound in 2021-22, says a recent CEOs poll conducted among members of CII National Council. Fifty six per cent of the CEOs polled indicated that the economy would grow in the...
BUREAUCRATS INDIA598324 jobs created by Starts-ups in past four years
New Delhi: Nearly six lakh jobs were created by Start-ups in the past four years including 192427 in till December 8 this year, said Minister of State for Commerce and Industry Som Parkash in a written reply in the Lok Sabha ...
BUREAUCRATS INDIADixon to expand base in Punjab, invest Rs 300 cr
Chandigarh: Punjab is all set to get a huge boost in the electronics sector with Dixon Technologies investing Rs 300 crore in the state. Industries and Commerce Minister Gurkirat Singh Kotli and Executive Chairman of Dixon Te...
BUREAUCRATS INDIAInflation gathers pace, IIP trudges up too: CRISIL
New Delhi: Inflation based on the consumer price index (CPI) moved up to 4.9 per cent on-year in November compared with 4.5 per cent in October. It was however lower than 6.9 per cent printed in November 2020, said CRISIL, le...
BUREAUCRATS INDIAWe must achieve target of $ 44 billion textile exports in 2021-22: Union Minister Piyush Goyal
New Delhi: Union Minister Textiles has stressed the need to achieve the target of $ 44 billion textile exports in the current financial year while interacting with the leaders of the textile industry in India. &ldqu...
BUREAUCRATS INDIAJio-bp and Mahindra Group sign MoU for EV and low-carbon solutions
Mumbai: Reliance BP Mobility Limited (RBML), operating under the brand name Jio-bp and Mahindra Group, have announced a non-binding MoU for exploring creation of EV products and services, alongside identifying synergies in lo...
BUREAUCRATS INDIARevamp in international tax structure need of the hour: CBDT Chairperson
New Delhi: A change in the international tax structure is the call of the hour. The process of globalizing the tax aspect of our businesses is inevitable, said JB Mohapatra, Chairperson, Central Board of Direct Taxe...
BUREAUCRATS INDIAHUL CMD Sanjeev Mehta to take over as FICCI president on Dec 18
New Delhi: Sanjiv Mehta, Chairman and Managing Director, Hindustan Unilever Limited (HUL) will be appointed as the president of Federation of Indian Chambers of Commerce and Industry (FICCI) at the conclusion of FICCI’s...
BUREAUCRATS INDIAIndia ready to be a global destination for investment: Union Minister Dr Mansukh Mandaviya
New Delhi: The world is ready to partner with India and globally business leaders remain confident in India’s prospects and are making strategies to invest in the country, said Dr Mansukh Mandaviya, Union Minister of He...
BUREAUCRATS INDIAQ2 GDP number encouraging; need to maintain uptick in demand by extending further support: FICCI
New Delhi: Industry body FICCI has termed Q2 Gross Domestic Product (GDP) number as encouraging and has stressed the need to maintain uptick in demand by extending further support. “The Q2 2021-22 GDP a...
BUREAUCRATS INDIARs 1,31,526 crore gross GST revenue collected in November
New Delhi: The gross GST revenue collected in the month of November 2021 is Rs 1,31,526 crore of which CGST is Rs 23,978 crore, SGST Rs 31,127 crore, IGST Rs 66,815 crore (including Rs 32,165 cro...
BUREAUCRATS INDIAParag is new Twitter CEO; my trust in him as our CEO is bone deep, says his former boss Jack Dorsey
New Delhi: Glorious moments for India as Parag Agrawal takes over as new Chief Executive Officer (CEO) of Twitter after Jack Dorsey announced to step down from the coveted post. Agrawal was earlier Chief Technology Officer (C...
BUREAUCRATS INDIAIndia, an emerging circular economy innovation market: NITI Aayog CEO Amitabh Kant
New Delhi: India is emerging as a circular economy innovation market, said NITI Aayog CEO Dr Amitabh Kant, while referring to Prime Minister Narendra Modi’s address on the importance of circular economy transition....
BUREAUCRATS INDIADPIIT can consider PMP for white goods industry: Secretary Anurag Jain
New Delhi: The Central government is willing to look at the phased manufacturing (PMP) plan for the AC industry to check the imports and increase local value addition and employment. He was responding to the suggestions made ...
BUREAUCRATS INDIAProlonged soft interest rates inevitable for sustainable growth: ASSOCHAM
New Delhi: India should continue with an accommodative interest rate stance, as long as necessary, to sustain and further pick up the pace of economic growth, so that respite from Covid-19 cases is fully taken advantage in a ...
BUREAUCRATS INDIALong-term strategy underway to meet 2070 targets under Paris Agreement: MoEF & CC Secretary
New Delhi: A long-term strategy is under preparation to meet India’s 2070 targets under the Paris Agreement as announced by Prime Minister Narendra Modi at COP26 at Glasgow early this month, said RP Gupta, Secretary, Mi...
BUREAUCRATS INDIAReliance to restructure and repurpose gasification assets
Mumbai: The Board of Reliance Industries Limited has decided to implement a scheme of arrangement to transfer gasification undertaking into a wholly-owned subsidiary (WOS). The gasification project at Jamnagar was s...
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