Kidwai will assist in advising Rothschild & Co on its strategic ambitions, with a focus on helping drive growth in the region, the financial advisory group said.
RBI reduced the repo rate by 0.25 per cent to 6 per cent earlier this month, citing reduction in inflation risk. The rate cut was the first in 10 months and brought policy rates to near 7-year low.
Ravi Uppal, the Managing Director and Group CEO of Jindal Steel and Power says he hopes the government will reduce the corporate tax rate to 25 percent in this Budget.
“While the language is cautious, trajectory of CPI will determine further rate cuts,†Anant Narayan, Head - Financial Markets, Standard Chartered Bank says adding that going to 4 percent inflation by March 2018 is looking difficult as of now.
Experts believe Brexit may continue to have a short-term impact of markets such as India but said the medium-term impact will be restricted the UK and EU economies.
While a large percentage of business leaders polled seemed to be happy with steps taken to improve business climate in the country, continuing tax uncertainties was identified as a pain point.
Altico entered into a multi-project financing arrangement with Marvel Developers, Pune. Additionally, it concluded its second transaction with Midcity group, a developer having brownfield projects focused on society redevelopments in prominent locations in Mumbai.
In a panel discussion on CNBC-TV18, Kiran Mazumdar Shaw, CMD of Biocon said that the Finance Minister has made right investments in farming and drafted a reasonable Budget focusing on rural prosperity.
The Bureau will give its recommendations on appointment of directors in public sector banks and advise on ways to raise funds and mergers and acquisitions to the lenders.
Explaining the rationale behind the split, Analjit Singh said at a press conference: "Over the years, we have been told that a lot of investors are interested in parts of what we do, but not necessarily the entire piece."
India Inc stalwarts believe there is a lot for both the countries to be gained from each other.
Naina Lal Kidwai, an MBA from Harvard Business School(HBS), has received the Padma Shri Award in 2007 for her contribution to trade and industry.
"Having reached retirement age, it is time for me to move to different pursuits," 58-year-old Kidwai was quoted as saying in a statement by the bank.
Rajan Bharti Mittal, VC & MD, Bharti Enterprises said the biggest takeaway in the meet from an investor point of view was that credibility of the government is back.
The HSBC India head also noted that steps have been taken on the strengths that need to come to our public sector banks, adding that much still needs to be done.
Most bankers and experts believe that the possibility of an interest rate cut by the Reserve Bank on August 4 is very low as retail inflation remains high.
Volatility is here to stay in the near term on account of international factors such as Greece and Federal Reserve action (rate hike) and also domestic cues such as monsoon and the ongoing earnings season, says Naina Lal Kidwai, Country Head, HSBC India, Director, HSBC Asia Pacific.
Here is what India Inc thinks about Finance Minister's road shows in New York.
ICICI Bank, Infosys, Tata Motors and Wipro are among the Indian companies listed at the NYSE. After arriving in the city, Jaitley attended a luncheon meeting with executives of top US companies organised by the industry chamber FICCI. In the evening, he attended a reception hosted by the Indian law firm Shardul Amarchand Mangaldas.
Watch a panel of leading ladies of corporate India share their journey to success.
Speaking exclusively to CNBC-TV18, Naina Lal Kidwai of HSBC said the government must provide clarity and certainty on tax matters.
Adi Godrej, chairman, Godrej Industries is confident that the constitutional amendment to goods and services tax (GST) will be passed in this Budget session. He expects FY16 GDP to be around 8.4-8.5 percent.
In a mentorship series on CNBC-TV18, Kidwai answers a wide range of questions on Indian education, Make in India, funding, etc.
Shivakumar also pointed out that global companies were increasingly shifting headquarters from the place of origin to the growing markets and the organisations were prioritising creative jobs and outsourcing the repetitive work.
NR Narayana Murthy spoke to CNBC-TV18 about the promise held out by the new leadership in terms of the pace of economic reforms and whether India was "future proofed" for the next five years.