Archive for July, 2014
July 30, 2014
Projects worth Rs 5.7 lakh crores successfully resolved by the project monitoring group says Mr. Swarup

“The Government of India has set up a project monitoring group to fast track projects worth Rs 1,000 crores. The group tasked with the job of clearing 449 projects worth Rs 22 lakh crores has successfully resolved 163 projects worth Rs 5.7 lakh crores”, said Mr. Anil Swarup,[…]

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July 17, 2014
Moselle Development invites India to participate in EITS 2014

“Euro India Technology Sourcing (EITS) is a business meeting aiming to establish new contacts between companies from India and Europe interested to develop and boost strong trade relations in the field of materials, processes and energies. EITS is a part of the public strategy for the development of a European Materials and[…]

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July 12, 2014
Finance Bill of the NDA Government creates confusion and chaos says Mr. Firoze B. Andhyarujina

“The Union Budget 2014-15 has one too many favourable provisions for the common man. The Budget encompasses reforms to upgrade diverse sectors of the economy by undertaking development programmes. It has signaled growth as a top priority of the Government thereby improving the investment climate for domestic and[…]

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July 10, 2014
AIAI’s views on Union Budget 2014-15

“The Union Budget 2014-15 has failed to meet the expectations of the industry. Finance Minister Mr. Arun Jaitley has lost a golden opportunity of reviving the prospects of the Indian economy succumbing to decadal low GDP growth, inflation, crowding out of private investments and rising deficit bill”, said[…]

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July 8, 2014
AIAI’s Views on Railway Budget

The All India Association of Industries welcomes the Railway Budget presented by the Union Minister of Railways, Mr. D.V. Sadanand Gowda. The budget is pragmatic and forward looking with a vision said Mr. Vijay Kalantri, President, All India Association of Industries (AIAI) The announcement to further develop  the country’s freight and[…]

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July 5, 2014
India to spend Rs 22,000 crores towards CSR estimates Ernst and Young

“As per the provisions of the Companies Act, 2013 any company having a net worth of rupees 500 crores or more or a turnover of rupees 1,000 crores or more or a net profit of rupees 5 crores or more should mandatorily spend 2% of their net profits[…]

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