In an address at a conference, Singh called for judicious use of financial resources and said that the rule of competitive bidding through open tender must be followed in defence procurement.
"Plastic business is growing because of the infrastructure growth. We have got Rs 300 crore order under AMRUT (Atal Mission for Rejuvenation and Urban Transformation) cities water programme", Anil Jain, MD of Jain Irrigation told CNBC-TV18.
"With regard to the banking industry, institutionalising a strong and robust bankruptcy code will provide further support to the government's reform measures by unlocking the unproductive capital stuck in the economy," Rana Kapoor, Managing Director and Chief Executive Officer of Yes Bank told PTI in an interview.
Shaktikanta Das described growth by Asia's third-largest economy as "robust" and said it was driven by manufacturing.
Speaking to CNBC-TV18 on a robust set of Q2 numbers, Surinder Kapur, chairman and mananging director, Sona Koyo Steering Systems, says the company has sold its investment in Europe for 7.75 million euros and that will help strengthen the auto component manufacturer‘s balance sheets.
Infosys will kick-off the quarterly earnings seasons on October 11, followed by Tata Consultancy Services on October 15 and HCL Technologies on October 17. Wipro is yet to announce the date for second quarter financial results.
In an interview to CNBC-TV18, Vaibhav Agrawal, banking analyst, Angel Broking said that the net profit of 30 percent y-o-y for HDFC is in line with the expectation and is 'neutral' on the stock.