Lovers of chocolate are set to be the driving force behind the global USD 196 billion confectionery market in the next five years, according to Euromonitor.
In a discussion on economy prospects of Telangana and Andhra Pradesh, economists said that the split will infuse dynamism into Telangana, but there should be clarity on sharing Hyderabad and water related issues.
Tech Mahindra Limited are diving up the stock in July die to cheap valuations. The company became India's no. 5 IT services provider after its merget with Satyam Computer Services.
From booking a doctor's appointment online to help medical practitioners maintain their patients' record; Practo, a software-as-a-service (SaaS) provider has been a hit. The company broke even in year from its establishment and targets USD 10 million revenue mark by 2016.
Leif Eskesen of HSBC believes lack of implementation of reforms and lingering global weakness led to a cut in the growth forecast to 5.5 percent for FY14
Addressing leading business honchos at a luncheon hosted by industry chamber Nippon Keidanren, Singh expressed confidence that economic growth in 2013-14 will improve to around 6 percent from the decade's low of 5 percent witnessed in the previous financial year.
Appreciating the RBI's decision to cut key interest rate by 0.25 per cent, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said it could have given a more robust signal to the industry.
R Shankar Raman, Whole-time Director and CFO of Larsen and Toubro said the past 24 months has made the competitive landscape more intense. He also added that they have witnessed pressure on margins from the pricing end.
Samiran Chakrabarty of Standard Chartered Bank feels the number suggests a nascent recovery in industrial production. However, the CPI number of 10.9 percent seems to have counteracted any positive news coming out of the IIP figure, he opined.
Above everything else, we feel that the budget should take into congnizance the fact that Indian real estate is not just another business vertical - it is a vitally important industry.
The Oscars of the music industry was a star-studded affair and the musical night was high on glamour and powerful performances. But more than the entertainment quotient, the 55th annual Grammy Awards celebrated the music and the musicians.
The IT hardware industry has proposed a hike in import duty on foreign technology products between 10-15 percent, reports Kritika Saxena of CNBC-TV18.
In any given industry, the goal of market dominance is tied closely to size.
Amid global slowdown impacting India as well, Prime Minister Manmohan Singh today said the government is committed to do everything to put economy back on a high growth path of 8-9 per cent.
NC Saxena, member, National Advisory Council and Rajeev Talwar, executive director, DLF both discuss about the land acquisition bill and CCI which received cabinet's nod and the implication of the nod on industry, farmers and economy at large.
CNBC-TV18's economy editor Siddharth Zarabi reports that the PM urged the PSUs to invest to boost growth of the economic even as the National Investment Board yet to commence operations.
The government along with the industry will prepare a road map for improving penetration of the general insurance in the country which is less than one per cent, a senior official said.
After meeting with Sebi and the governor and deputy governor of the RBI, earlier on Saturday, finance minister P Chidambaram addressed mediapersons that the government is committed to channelise savings into financial instruments and to regulate financial markets and investments.
Rajesh Sud, MD & CEO, Max Life Insurance explains to CNBC-TV18 that though he welcomes the government‘s initiative, it is too early to comment till the complete details emerge when the Bill is legislated in Parliament.
President Pranab Mukherjee today said nothing can be more dangerous to the country's economy than negative sentiments in the industry and business.
The government is lending an ear to the industry's slowdown demands. Commerce Minister Anand Sharma along with officials from the finance ministry met industry leaders today to discuss a whole host of issues including measures to boost growth and improving the overall climate of the industry.
GAAR panel head Parthasarathi Shome has announced that the panel will examine all issues relating to GAAR and submit a draft of the recommendations by end of August and submit the official report by September-end.
India's industrial output grew at a slower pace in June, hobbled by weak investment at home because of policy inaction and a drop in export orders from the United States and Europe, a Reuters polls showed on Tuesday.
Indian industry is disappointed with RBI's decision to leave interest rates unchanged and said an opportunity is lost in reviving the growth momentum in the economy.
Political instability has been one of the main reasons why business sentiment has taken a beating in Karnataka. But with a new Chief Minister in place the second replacement following Yedyurappa's infamous exit post the illegal mining scam, the question is are things going to change for the better? reports CNBC-TV18's Vineetha Athrey.