Page 7 - Confederation Of Indian Industry

Energy Efficiency Services JV becomes fastest-growing Indian firm in UK

The EPAL's watershed moment was in 2018 when it acquired Edina, UK's leading supplier, installer and maintenance provider for Combined, Heat and Power solutions.

Experts urge govt to lock in crude oil purchases as prices start rising

They suggest it is time the govt chipped in as a sovereign oil hedger, perhaps by taking hedging as a Cabinet decision

Defence more aggravated than other sectors amid coronavirus: Rajnath Singh

The Minister was addressing, via video conference, MSMEs E-conclave, jointly organised by SIDM, Confederation of Indian Industry (CII) and Department of Defence Production

Resume operations, says FM Sitharaman; India Inc cites hurdles in way

Industry wants cash in the hands of the poor, more policy reform in sectors such as tourism, automotives and aviation

Untangling regulations: Defence on Make in India drive; FDI cap hiked

Measures include negative import list, corporatisation of ordnance factories

Tax tweaks can spur economic revival

These are extremely challenging times, and collective efforts by the government and industry would be required to bring the economy back on track

Experts fear massive 40% fall in April GDP, call for unlocking of economy

"There are some signals... the global markets are fearing that India is going to slide into a controlled economy which is very damaging," said former Chief Economic Advisor Kaushik Basu

Day 1 of lockdown 3.0: India limps back, but industry still in limbo

With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.

Covid-19: Massive job, revenue loss lies ahead, says CII survey of CEOs

Based on the responses of more than 300 chief executive officers (CEO) across industries, the survey shows that a broad cross-section of firms foresee a delay in economic revival

Lockdown 3.0: Industry bodies welcome relaxations, some confusion remains

Reiterate demand for a stimulus package

Beating the pandemic of recession

Money should not be a consideration in protecting jobs, people and industry as the economy nosedives

Coronavirus impact: 60% firms run at less than 25% capacity, says CII

The movement of workers and raw materials remain key hurdles to resuming businesses despite the government allowing major chunks of the industry to operate

Need to open industry across zones amid Covid-19 lockdown: CII to govt

The Home Ministry order classifies areas of large outbreak, or clusters with a significant spread of the virus, as 'hotspots' or red zones.

Banks to seek extension of moratorium on loan repayments beyond June

CII has sought an increase in credit limits for all regular banking accounts by 25 per cent

Lockdown extension: Put cash in hands of poor, Chidambaram tells govt

PM Modi said that the fight against Covid-19 could be successful only if the citizens cooperate and maintain the discipline

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

Fighting coronavirus: The other frontline workers of the pandemic

Across India, grassroots workers engaged in developmental work have taken on the role of keeping rural communities safe

Govt unlikely to grant any package for industry to pay workers' salaries

"The government lacks the fiscal space. It will not be feasible to give grants to the industry to take care of its wage bills," sources said.

MEITY advises states to treat e-commerce delivery as essential service

The Indian e-commerce sector has come to a halt across the country including the supply of essential commodities due to various lockdowns to prevent the spread of Covid-19

CII writes to PM Modi, seeks fiscal stimulus package of Rs 2 trillion

Suggests setting aside 1% of GDP for cash transfer scheme for poor and elderly