Tag: Confederation of Indian Industry

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Bangladesh expects $5 bn investment from India

Bangladesh expects $5 bn investment from India

In the next three years, Bangladesh expects investment from India to double to $5 billion. The neighbour country signed agreements worth around $23 million in Mumbai on June 27. Now, with greater trade ties with India, Bangladesh want to attract more foreign direct Investment (FDI), Matlub Ahmad, president, India-Bangladesh Chamber of Commerce and Industry, said.

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The undisputed leader

The undisputed leader

PP Gupta, the present promoter of Techno Electric & Engineering Company (TEECL), is an Honours Graduate in Industrial Engineering with Post-Graduation in Management from Indian Institute of Management, Ahmedabad.

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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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TN govt notifies Infrastructure Development Act

TN govt notifies Infrastructure Development Act

The Tamil Nadu government framed rules and notified the Tamil Nadu Infrastructure Development Act 2012. The state government has created an institutional framework through this law and it encompasses over 25 social and physical infrastructure sectors.

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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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Power lobby

Power lobby

Stemming largely from the super-aggressive, market-undercutting (by more than 20 per cent) Chinese manufacturers who are taking advantage of a duty-free import policy, the Indian power equipment industry stumbles and reels in its own backyard.

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