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French firms to invest $10 bn in India in next 5 yrs: Michel Sapin

Jan 25, 2016

French firms to invest $10 bn in India in next 5 yrs: Michel Sapin

France's Minister for Finance and Public Accounts Michel Sapin today said French companies have been investing billions in India and he expects that they will invest over USD 10 billion in the next five years. #Narendra Modi #France #Arun Jaitley #FICCI #Minister #investments #Michel Sapin
India Inc pushes for FDI in multi-brand; raises concern on free-trade pacts

Jan 08, 2016

India Inc pushes for FDI in multi-brand; raises concern on free-trade pacts

Sitharaman said the key issues raised by the industry include surge in imports, competitiveness of some sectors and increasing investments, among others. #FDI #FICCI #Nirmala Sitharaman #multi-brand retail sector #FTAs #Indian industry and commerce
Budget 2016: India Inc wants a clear roadmap for reduction in corporate tax to 25%

Jan 06, 2016

Budget 2016: India Inc wants a clear roadmap for reduction in corporate tax to 25%

Industry chambers including CII and Ficci also suggested that withdrawal of incentives should be in tandem with the reduction in corporate tax rate besides removal of MAT #FICCI #GST #CII #Nasscom #Harshavardhan Neotia #MAT #Corporate tax rate #Union Budget 2016 #Budget & Taxes
Manufacturing cheers: Industrial production jumps to five-year high of 9.8% in October

Dec 11, 2015

Manufacturing cheers: Industrial production jumps to five-year high of 9.8% in October

As per data released by the Central Statistics Office, the manufacturing sector, a key indicator of economic activity, grew 10.6 per cent year-on-year in October. #NewsTracker #IIP #FICCI #Arvind Subramanian #Central Statistics Office #Economy
Festival season fails to revive real estate industry as more pain for builders seen ahead

Nov 18, 2015

Festival season fails to revive real estate industry as more pain for builders seen ahead

Although the future score at 59 falls in the positive territory, the overall declining trend reflects the weakening business confidence #business confidence #office space #Real estate #Knight Frank-Ficci sentiment index
Easing of FDI norms to send positive signal to investors, says Corporate India

Nov 10, 2015

Easing of FDI norms to send positive signal to investors, says Corporate India

The government relaxed conditions for FDI in single-brand retail and allowed 100 percent FDI under automatic route in duty-free shops and Limited Liability Partnerships (LLP) and eased foreign investment norms in the defence sector. #Defence #Narendra Modi #ASSOCHAM #FDI #FICCI #FII #Civil aviation #DS Rawat #Jyotsna Suri #Limited Liability Partnerships
Corporate India extends hand of support to new Bihar govt

Nov 08, 2015

Corporate India extends hand of support to new Bihar govt

British financial services major Barclays said Indian financial markets were cautious ahead of the election results, and a result against the BJP should lead to market weakness #Narendra Modi #ASSOCHAM #FICCI #Nitish Kumar #Kiran Mazumdar-Shaw #economic reforms #CII #Bihar Election Results #DS Rwat
GST key reform for creating single market in India: World Bank

Oct 28, 2015

GST key reform for creating single market in India: World Bank

Ruhl also hoped the government to introduce the Bankruptcy Code in the upcoming winter session of Parliament. #World Bank #NewsTracker #FICCI #GST #CII #DIPP #Onno Ruhl #Companies Act #ease of doing business #bankruptcy code #Economy #Doing Business 2016
Ficci writes to Centre, seeks realistic gas pricing formula to help upstream firms

Oct 09, 2015

Ficci writes to Centre, seeks realistic gas pricing formula to help upstream firms

With offshore gas explorations being quite expensive, the Ficci letter urged the government for special incentives keeping the steep cost of production in sight. #NewsTracker #ONGC #FICCI #Oil India #Gas pricing formula #Business #Economy