Confederation Of Indian Industry

The conclave, organized by the Confederation of Indian Industry (CII) in collaboration with the Ministry of External Affairs and the Ministry of Commerce & Industry, served as the platform for this discussion.

The G20 YEA 2023 Summit, hosted by CII Young Indians (Yi), Concludes with Communique Signing

The summit brought over 600 delegates from 30 nations together to connect, collaborate, and exchange groundbreaking ideas on entrepreneurship, innovation, and economic growth

Company Law | Increased liability is driving away independent directors

While the judiciary has tried to interpret the law in favour of the independent directors, reforms in practical legal application are still needed

CEOs expect better job creation prospects, monetary tightening in H1 FY23: CII poll

The recent poll was conducted by CII at its Second National Council Meeting for FY23, which saw a participation of 136 CEOs from across the country.

Rakesh Jhunjhunwala’s role models and what he learnt from them

Forbes termed Rakesh Jhunjhunwala "investor with a Midas touch."

Treat crypto or digital tokens as securities of special class: CII

Centralised exchanges and custody providers that may be established in India, must be required to register with SEBI and to adhere to KYC and AML compliance requirements that apply to financial markets intermediaries, it said, adding they should be held legally accountable and liable for the safekeeping of the crypto/digital tokens held by participants in digital wallets offered by them.

Air India privatisation reflects govt resolve to bite reform bullet: CII

The chamber said the time was right to expedite disinvestment efforts in the banking space, with privatisation of identified two public sector banks.

Significant revival expected in corporate sector in FY22: CII CEOs poll

As many as 79 percent of the CEOs expected GDP growth to be more than 8 percent.

CII Annual Session Highlights: We have passed tough key reforms in monsoon session, says PM Modi

PM Narendra Modi's address begun at 4.30 pm. He spoke on the theme 'India@75: Government and Business Working Together for Aatmanirbhar Bharat'

Budget 2021-22: CII suggests graded road map towards competitive import tariffs

The CII has suggested that the limit prescribed under section 36(1)(viia)(a) for provision for bad and doubtful debts for Indian Banks should be increased from the existing limit of 8.5 percent to 15 percent, it stated.

India needs multiple bad banks to clean balance sheets of lenders, get credit growth back: CII

The Confederation of Indian Industry (CII) in its pre-budget memorandum recommended that the government consider enabling Foreign Portfolio Investors (FPIs) and Alternative Investment Funds (AIFs) to purchase NPAs.

Need to have more disease-specific health insurance products: IRDAI

The chairman said the insurance sector, for too long, has concentrated on tertiary care or hospitalisation and now there was a need to focus more on primary and secondary care, the outpatient care and more on to have preventive care.

CII urges Reserve Bank to relook August 6 circular on opening of multiple current accounts by borrowers

CII has also urged the RBI to set up a central framework to facilitate information sharing amongst the banks for fund flows of the customer as it has done for exposures.

CII says India-China standoff a wake-up call for industry to become more competitive

The Indian and Chinese armies are locked in a bitter standoff in multiple locations in eastern Ladakh for the last six weeks, and the tension escalated manifold after 20 Indian soldiers were killed in a violent clash in Galwan Valley on June 15.

Tamil Nadu CM K Palaniswami urges industries to employ local workers, says more lockdown relaxations will be announced

"The Tamil Nadu Skill Development Corporation is keen on joining hands with the Confederation of Indian Industry (CII) in providing the necessary skill training to native workers," Palaniswami said.

Uday Kotak takes over from Vikram Kirloskar as the new CII President

TV Narendran, CEO and Managing Director of Tata Steel Limited, is now the President-designate of CII for 2020-21.

Banks left with no choice but to park money with RBI: SBI Chairman Rajnish Kumar

"The doomsday scenario on banks with respect to Non-Performing Assets (NPAs) is overstated, but we don't know what will happen after six months," he said.

CII bats for greater industrial activities in 'high economic performance' zones

The industry body also called for "economic contribution of districts to be taken into consideration while classifying lockdown zones."

Business activities significantly hit; recovery may take over a year: Survey

The survey results reveal that the country may experience a protracted slowdown in economic activity, as 45 percent of the CEOs polled feel it will take over a year to achieve economic normalcy once the lockdown ends.

Movement of workers, raw material key hurdles in restart of businesses: CII survey

The survey indicates that permits for enterprises, passes for workers and supply chain movement are the key hurdles for the industry in exit from lockdown.

India's GDP growth likely to range up to 1.5% in FY21: CII

In case of a more prolonged outbreak, where the restrictions in existing hot-spot regions get extended, while new regions are identified as ‘hot-spots' leading to intermittent stop and start in economic activity, GDP is likely to decline by -0.9 percent.

Coronavirus lockdown would have deeper impact, 52% foresee job losses: CII CEOs Snap Poll 

The online survey saw a cross-country participation of around 200 CEOs across sectors.

CII seeks exemption for e-commerce, ITeS, food processing from prohibitory orders

The appeal gains significance as more and more states are imposing lockdowns with the spread of coronavirus.

Coronavirus pandemic | Don't lay off employees: Industry body CII tells member companies

Observing that "times are challenging", Kirloskar said the industry has sought a moratorium on all loan repayments and urged the Reserve Bank to cut interest rates and increase liquidity in the system.

Govt reforms creating new livelihoods; 8 sectors to add over 10 cr jobs by 2025: CII

The Confederation of Indian Industry (CII) expects eight sectors -- retail, construction, transport and logistics, tourism and hospitality, handlooms and handicrafts, textiles and apparels, food processing, and automotive -- to generate over 10 crore jobs by 2025.