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CII-IBA Financial Conditions Index below 50 amid Covid-19 pandemic

Also, organisations across the world are uncertain about the whereabouts of their cash flows and business prospects

Work relaxation amid lockdown fails to convince migrants to stay put

Most labourers are more concerned about getting on trains and buses to get back home, rather than returning to work

Biz activities significantly hit; recovery may take over a year: CII survey

45 per cent of the CEOs polled feel it will take over a year to achieve economic normalcy once the lockdown ends

CII sees Covid-19 shrinking FY21 GDP by 0.9% in worst-case scenario

Industry body again raises calls for more fiscal stimulus through Rs 1.5 trillion fund and credit protection for MSMEs

India's GDP growth may dip below 1% in 'slowdown turbulence', says CII

The Confederation of Indian Industry (CII) in a paper - A plan for economic recovery - has laid out its growth expectation under three os and suggested "urgent" fiscal interventions

Need economic package and open industry in staggered manner, says CII

The CII has argued in favour of the government providing direct rations to affected populace rather than cash

CII seeks incentive package for lockdown-hit mining and metals sector

The demand ranges from financial support to tide over liquidity issues to logistics and trade policy support

India Inc seeks Rs 2 trillion in govt relief as lockdown hits businesses

The demand comes in the wake of businesses and industry taking a hit as India entered the third week of the 21-day nationwide lockdown

Several may lose jobs amid coronavirus outbreak, says CEO Snap Poll

Further, most firms (80 per cent) have claimed that their inventory was lying idle at present

Lockdown would have deeper impact, 52% foresee job losses: CII CEOs Poll

"The expectations of this sharp decline in both revenue and profit growth by domestic firms could foretell the significant impact of this outbreak on GDP growth," CII stated.

Industry calls for extended financial year due to coronavirus pandemic

The auditors cited issues such as physical verifications of inventories, fixed assets, balance confirmations, fair-value measurements, and going-concern assessments

CII requests govt to allow passing resolutions without board meeting

Currently, board meetings are required for matters such as deciding on buy-back of securities, investing funds of the company, borrow monies, taking over a compan

Amid Covid-19 scare, CII tells member companies not to lay off employees

The Confederation of Indian Industry (CII) had 9,325 companies as members at the end of 2019

Odisha to mop up Rs 20,000 cr incremental revenue from e-auctions: Pradhan

Recently, Odisha successfully conducted electronic auctions of 19 lapsing iron and manganese ore blocks now run by merchant or non-captive iron ore blocks

CII to set up center for innovation and entrepreneurship in Hyderabad

The Center would cater to the entire country though it will have a special emphasis on Telangana for fostering the overall growth of start-up ecosystem in the state

To enhance liquidity for NBFCs, HFCs, CII suggests easing of certain norms

Unlike banks, it said these types of companies do not have the repo window facility to borrow in times of need

Budget 2020: CII seeks announcement of corporate tax rate merger to 15%

According to the industry body, the desired impact of the reduction in corporate taxes on the ground is still far from satisfactory.

India's economy is expected to rebound in 2020 on govt measures: CII

The chamber also suggested a flexible fiscal policy that will set a central government's target for the deficit in the range of around 0.5 to 0.75 per cent

Investors in fear as commercial disputes treated as criminal complaint: CII

Prime Minister Narendra Modi last week said the government is working to decriminalise some provisions of the Companies Act to make it easier to do business in the country

Graduates' employability up 47% in 2019, MBAs most employable, says survey

However, there has been a decline in the employability those coming out with BTech, other engineering streams, MCA, technical and computer-related courses, says the survey.