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Performance indicators of banks deteriorate

Performance indicators of banks deteriorate

A survey by industry body Confederation of Indian Industry (CII) shows that key performance indicators of banks like credit growth, net interest income deteriorated in 2012-13. The survey, in which 5 public sector banks (PSBs), 3 private sector banks and 7 foreign banks participated, showed that growth in profit after tax (PAT) and return on equity also deteriorated in the current financial

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Report calls for barge service between Chennai and Ennore ports

Report calls for barge service between Chennai and Ennore ports

Recently, Union Shipping Minister GK Vasan released a pre-feasibility report titled ‘Logistics Collaboration between Ennore and Chennai ports’, prepared by the Confederation of Indian Industries (CII). The report calls for setting up a ‘marine highway’ to ferry containers by barges between Chennai and Ennore ports. The highway is intended to decongest the road highw

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CII seeks a budget which supports growth

CII seeks a budget which supports growth

Industry bodies like Confederation of Indian Industries (CII) expect the government to announce a budget which would support economic growth and employment. They expect that the government does not frame a populist budget even though election is just a year away. Call for a reform-oriented budget is becoming louder as the

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CII against coal block de-allocation

CII against coal block de-allocation

Adi Godrej, President, Confederation of Indian Industry (CII), remarked that coal blocks allocated under due process should not be cancelled, as any such cancellation will adversely impact business sentiment. He also said that the judiciary should only interfere if there is any violation of law.

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Emerging Kerala 2012: Business Meet

Emerging Kerala 2012: Business Meet

Fast-tracking the campaign to position Kerala as a thriving industrial state and hotbed for investments, Chief Minister Oommen Chandy today made an impassioned plea to top guns of the industry and corporate