PM Narendra Modi to address Assocham AGM on December 20
The prime minister's address at the industry event - 'New India Aspiring for a USD 5 trillion economy' - follows a debate about the corporate engagement of the government and allegations in some quarters, mainly by opposition parties, that the corporates were afraid to raise their voice and flag their concerns.
All 16 leaders working to resolve India's concerns over RCEP: Japan
"All the 16 leaders are working to resolve issues related to India on RCE...
Canadian fund CPPIB keen to enter private debt segment in India, worried about regulatory uncertainties
“Private debt can be a good opportuni...
Maharashtra government wants PMC Bank to merge with MSC Bank
"The government stands behind the PMC Bank depositors. I have spoken with the MSC Bank director and asked him to consider a merger of the two banks to provide relief to the depositors," Patil told mediapersons here this afternoon. He assured that the state's apex cooperative banking entity.
Lockheed Martin appoints William Blair as chief executive for India operations
In this role, William Blair will lead the growth and development of the company’s business in India and serve as the executive representative for all the programmes, products and services in the country. He will report to Timothy Cahill, senior vice-president for Lockheed Martin International, and assumes the role from Philip Shaw.
Modi considers easing foreign control rule to aid Air India sale
The govt may tweak "substantial ownership and effective control” clause that's keeping foreign suitors at bay.
Onions prices continue to surge leaving customers in distress
Rupesh Chaudhary, a retailer, told ANI: "The reason behind onion price hike is the unseasonal rains that affected many onion farmers in the country. Earlier customers used to buy onion in large quantities, but now that scenario has changed."
China not invited to major naval exercise Milan, not ‘like minded’: Indian Navy
While the armies of India and China will be carrying out the ‘Hand in Hand’ exercise in Umroi, Meghalaya this month, the situation is different in the maritime domain. China’s growing maritime presence in the Indian Ocean is what makes the Indian Navy wary about letting it participate in joint exercises. The Indian Navy has been watchful of the Chinese presence since 2008.
Textile exports up 6.3% post-GST
Besides, Bangladesh and Vietnam have the benefit of scale in apparel manufacturing and a large and productive labour force. In a separate reply to a question on decline in export of cotton yarn, she said: “There is no information regarding closure of spinning units due to decline in exports of cotton yarn”.
Centre considers easing lending rules for shadow banks: Sources
The govt is keen to revive credit growth after GDP growth slumped to a six-year low in the quarter to Sept. 30.
PM Modi accepts European Commission president's invitation to visit Brussels for next India-EU Summit
The prime minister accepted the invitation of the European Commission president to visit Brussels for the next India-EU Summit, a statement issued by the Prime Minister's Office said. Modi said that von der Leyen's leadership of the commission had special significance since she was its first woman president.
Pichai's appointment as Alphabet CEO leaves India Inc thrilled; Mahindra, Paytm boss can't keep calm
Pichai was earlier a Product Chief at Google and was elevated to the CEO's role in 2016.
Steel industry margins set to shrink: India Ratings
The agency’s views are based on its study of 38 listed and unlisted Indian steel companies.
Sweden to help India in building climate neutral smart city
Gurgaon based developer, M3M, signed an agreement with the Swedish company to develop 165 acre smart city project which will attract a foreign investment of around US$ 2 billion. The smart city will take 7-10 years to complete and will look for foreign investments for different services.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service