Page 7 - Cii

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.

Amazon India bets on vernacular, voice & videos to help sellers boost sales

Amazon also announced its partnership with CII to conduct awareness workshops and training in pre-identified locations to enable small and medium businesses start their e-commerce journey.

Jio boxed into corner; CII, FICCI join cause to seek relief for telcos

SC on October 24 upheld the government position that non-telecom revenue should be included in calculating AGR, a percentage of which is paid to the exchequer as statutory dues

Steelmakers fear iron ore supply disruption once leases expire next March

Industry says transition from existing to new lessee is not going to be as easy as anticipated

Textile can become a $300-bn industry by 2030, create 35 mn more jobs: CII

Synthetic fabrics and performance garments are going to be the two most promising segments: CII Tamil Nadu State Council Vice Chairman Hari Thiagarajan

SC may hear appeal challenging proceedings against CII president Kirloskar

A division bench of justices Indu Malhotra and R Subhash Reddy, who had earlier stayed the proceedings, in September issued notice to complainant Sri Muniyappa, who is based in Bengaluru

Resolution of financial service providers possible under IBC: IBBI chief

Currently, resolution of stressed financial institutions cannot be taken up under the Insolvency and Bankruptcy Code (IBC).

Buy pure insurance cover online to save at least 5% on paying commissions

Use offline channels when buying insurance-cum-investment products, as they are more complex and the fine print needs to be understood

Most Indian cos working in China say trade war has had no impact: Survey

Moreover, the number of IT and BPO companies that plan to make additional investments in China in 2019, has increased over the previous year

Govt to review CSR criminal penal provisions: FM Nirmala Sitharaman

Less than 1% of large corporates pays corporation tax at 30%, with the rest at 25%

Need focus on key exports to boost India's global share, says CII

India's overall export share in total global imports of $17,958 billion stands at a mere 1.65 per cent

CII urges govt to divest brownfield assets to boost private investments

The chamber said low risk makes projects attractive to lenders as well and many international wealth funds and pension funds are also willing to bring in long term funds into India for such projects