Industries in automotive, consumers and retail, technology, media, telecommunication, energy, resources, and industrials expect high growth.
Even as India's hiring activities declined last year due to the coronavirus pandemic, there is a sudden increase in demand with about 53 per cent of companies saying they are planning to increase their headcounts in 2021, according to a survey.
Union Minister Nitin Gadkari on Tuesday asked India Inc to clear huge outstanding payments to micro, small and medium enterprises at the earliest in order to ease the distress in the sector and inject liquidity into market.
Coronavirus in India: As novel coronavirus hits Indian shores and number of cases rise, top names in Indian corporate world like TCS, HCL among others are taking notice and implementing measures to safeguard the health of their employees. Many companies are advising work from home.
India Inc on Saturday termed the Budget as "growth provoking and welfare inducing" but said that urgent implementation of the measures proposed will be crucial for achieving desired outcomes, while acknowledging that Finance Minister Nirmala Sitharaman had "little room" to manoeuvre.
Biocon Chairperson and Managing Director Kiran Mazumdar Shaw on Monday said India Inc is "neither anti-national nor anti-government", continuing her support for veteran industrialist Rahul Bajaj who stated that India Inc was afraid of criticising the Narendra Modi government.
India Inc on Thursday welcomed the government's decision to defer receipt of spectrum auction installments due from telecom service providers, saying the move will provide headroom to the sector currently facing stress, generate job opportunities and drive consumer demand.
"We welcome the Finance Minister's proposition of slashing corporate tax, scrapping surcharge on buyback announced before July 5 and expanding the scope of CSR spend," said Nagesh Basavanhalli, MD and CEO, Greaves Cotton Ltd.
A sharp deceleration in manufacturing output and subdued farm sector activity pulled down India's gross domestic product (GDP) growth to 5 per cent in the April-June quarter.
Tributes poured in from India Inc with corporate leaders expressing profound grief at the passing away of former Finance Minister and BJP veteran Arun Jaitley here, describing him as a true reformist and great statesman. The former Union Minister died at AIIMS on Saturday, where he was undergoing treatment for several weeks. He was 66.
Presently, there are four actively working private weather forecasters in India and these provide everything from weather-related information, region-specific predictions, trends and even crop insurance traded options.
Stating that the partnership between Israel and India is doing wonders, Israel Prime Minister Benjamin Netanyahu today asked business leaders to focus on innovation.
At this year's AGM, FICCI President Pankaj Patel (Chairman & MD, Zydus Cadila) will stepped down and Rashesh Shah (Chairman & CEO, Edelweiss Group) took charge.
The catch would be 'right' talent which HR experts broadly define as those who are able to re-skill themselves as per the changing work profile requirements.
India Inc is opposed to any move to bring in reservation in the private sector as it would certainly create a big dent in the country's investment climate, Assocham said.
PM Narendra Modi met business honchos on Saturday morning where he said: "Our mantra is 'reform', 'transform' and 'perform'."
The ordinance raises the ceiling on GST cess for luxury vehicles and SUVs from the current 15 per cent to 25 per cent. This can lead to a hike in prices of high-end cars.
The economic schemes announced by the Prime Minister Narendra Modi during his New Year’s speech will benefit the most vulnerable sections of the society especially farmers.
Rallying behind the Indian Army’s move to conduct surgical strikes on terror launch pads across the Line of Control, India Inc today said it was time to act tough while ruling out any negative impact on the country’s economy and trade.
New Delhi: The RBI governor should not be dragged into unnecessary controversies, a top industry organisation said here on Friday, stressing that the central bank has played a pivotal role in bringing about macroeconomic stability
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