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BS Jury28-OCT-09
By reinstating the SLR requirement to the pre-crisis levels of 25 per cent, even as the banking system is still sitting on surplus holdings of more than 27 per cent, the Reserve Bank if India governor has signalled that sooner or later the policy of monetary easing will have to be withdrawn. However, when that will be done will be a matter of judgement based on the needs of the economy.
'Growth may fall 1% due to poor rains'22-AUG-09
Venu Srinivasan, managing director, TVS Motors Ltd and president of Confederation of Indian Industry (CII), today said that growth of Indian economy will come down 0.5-1 per cent this year due to poor monsoon and drought in several parts of the country. However, despite this, the Indian economy will be the second fastest-growing economy this year, he said.
TVS to launch 100 cc scooter, motorcycle18-AUG-09
TVS Motors is planning to launch a 100cc scooter and a motorcycle for the executive segment by the end of the current financial year, said Venu Srinivasan, chairman and managing director.
Most wishes granted07-JUL-09
Given the statesman that he is, the finance minister has done a fine balancing act in today's Budget. On the one hand, he has a fiscal deficit that's projected to grow at 6.8 per cent of GDP by 2010. He has to balance this with the interests of consumers by not taking measures that would cause consumer prices to rise.
India Inc praises Mamata budget04-JUL-09
India Inc. has given a thumbs-up to the railway budget, calling it people-friendly and industry-friendly.
CII approaches Buddhadeb for private investment in agriculture08-APR-09
The newly appointed CII president, Venu Srinivasan, today met West Bengal chief minister, Buddhadeb Bhattacharjee, to discuss issues relating to contract farming.
CII seeks private funding in agri08-APR-09
Newly-appointed CII president, Venu Srinivasan, today met West Bengal chief minister, Buddhadeb Bhattacharjee, to discuss issues relating to contract farming.
Govt asks state-run banks to cut rates03-APR-09
But lenders say it’s difficult to lower deposit and lending rates significantly.
More stimulus packages not good for economy: CII02-APR-09
Stressing fiscal responsibility on the part of the government, industry body Confederation of Indian Industry (CII) has said more stimulus packages will affect the economy adversely rather than help it.
'This is the best time to invest in infrastructure'02-APR-09
Venu Srinivasan, the new president of Confederation of Indian Industry (CII), says though the economy has started stabilising, India sill faces many challenges like building world-class infrastructure. Srinivasan, who is also the managing director of Chennai-based two-wheeler maker TVS Motor, tells Sapna Dogra Singh that immediate monetising of the fiscal deficit is needed to help private investment and boost economy.
New CII president to promote political donations by cheques02-APR-09
As campaigning picks up for the Lok Sabha elections, the newly elected President of the Confederation of Indian Industry (CII), Venu Srinivasan, has said he will promote a transparent way of donations to political parties by business houses.
New CII chief to promote political donations by cheque01-APR-09
As campaigning picks up for the Lok Sabha elections, the newly elected President of industry body CII, Venu Srinivasan, has said he will promote a transparent way of donations to political parties by business houses.
CII wants govt to print currency notes to keep economy afloat31-MAR-09
Industry chamber CII today asked the government to print more currency notes to bridge fiscal deficit and keep the economy afloat, which is reeling under the impact of global financial meltdown.
Industry urges PM to ensure retail finance in auto sector30-MAR-09
Industry has urged Prime Minister Manmohan Singh to bring about some fundamental changes in the process of repossession of vehicles from loan defaulters to make the exercise easier, so as to encourage banks and other lenders to extend retail finance in the automotive sector.
Mr Venu Srinivasan is new CII President27-MAR-09
Mr Venu Srinivasan, Managing Director, Sundaram-Clayton Ltd and Chairman & Managing Director, TVS Motor Company Ltd, has been elected as the President of CII for the year 2009-10. Mr Srinivasan will assume  office as the new President of the apex industry association.  He succeeds Mr K V Kamath as the new CII President.
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