Displaying the sheer depth and breadth of his knowledge, the PM talked about how different countries need to work together to combat inflation, the damage caused by fiscally irresponsible policies, how climate change is a shared global reality, the power of digital technology, and much more.
The family settlement is dated July 2016, according to which Sunil Kant Munjal had stepped down as the joint MD and exited control of the company.
Jhunjhunwala also said with the economic growth gaining momentum, there is a reason for the RBI not to raise rates because of worries over inflation.
IHH revised its bid by offering Rs 175 per share for Fortis, while Munjal-Burmans valued Fortis at Rs 172 per share, raising their offer by 7 percent.
"Structural changes will take six months to two years time to show results. There may be some short term (hiccups). As I said, next year, if the government continues with the pace of forward looking reforms and does electioneering campaign for polls in balance, then I don't see any risk to our potential for growth," Munjal told reporters here.
A few hours before Finance Minister Arun Jaitley presents Union Budget, a cohort of India Inc captains expect the Budget to provide a stimulus to job creation and the farm sector.
According to media reports, industrialists Sunil Munjal and Saroj Poddar were in talks for a secondary deal to buy a minority stake from IDFC Securities analyst Nikhil Vora who holds some 0.35 percent in One97 Communications, the parent of Paytm.
Munjal — chairman Hero Group‘s insurance redistribution and IT services arm — and Poddar — chairperson of Adventz Group — are negotiating with the former IDFC Securities analyst Nikhil Vora to buy into 0.35 percent stake (1.6 lakh shares) he holds in Paytm.
Speaking to CNBC-TV18 Sunil Munjal, Chairman of Hero Corporate Services said that demand in December for most consumer goods did suffer following demonetisation.
RC Bhargava, Chairman of Maruti Suzuki, said that the GST is a good move, but the focus should be on implementing it once the legislation is passed. Legislation on paper won‘t be good unless there is implementation, he said.
Gatekeepers of Governance was organised by Excellence Enablers, where in the basic principles on which businesses remain disintegrated, were discussed.
As far as land and labour is concerned, Sunil Munjal, joint MD, Hero Motocorp does not think anybody explained the lay public of India or even the affected parties what this regulation means for them.
In an interview to CNBC-TV18‘s Shereen Bhan, Sunil Munjal, Joint MD of Hero MotoCorp, Sumant Sinha, Chairman of ReNew Power, Anshuman Magazine, CMD at CBRE (South Asia) and Atul Punj, Chairman of Punj Lloyd gave their take on Arun Jaitely‘s Union Budget 2015.
Sunil Munjal, joint managing director of Hero MotoCorp and senior member of CII expects finance minister Arun Jaitley to focus on manufacturing, infrastructure and logistics sectors.
Sunil Munjal, joint managing director, Hero MotoCorp expects the minimum alternate tax (MAT) on SEZs to be waived off in this Budget.
Munjal said the recovery in the industry has been slow and somewhat patchy, and not all segments are doing well
Speaking about the cracker sales, Sunil Munjal, Joint MD of Hero MotoCorp told CNBC-TV18 that the automotive industry saw 16 percent growth in 2-wheelers over the last six months.
Experts feel the new government has been successful in breaking the decision-making gridlock and rebuilding the sense of confidence.
An expert panel consisting Rashesh Shah, Chairman and CEO of the Edelweiss Financial Services Group, Kewal Handa, Former Managing Director of Pfizer India and Piruz Khambatta, Chairman Private limited discuss the agenda for the government beyond Budget 2014‘s hits and misses on ‘Change India‘s second episode.
Maruti's Executive Director CV Raman said he was hoping the Auto Expo would revive buyer interest.
Piyush Goyal, National Treasurer, BJP and Sunil Munjal, Joint MD, Hero MotoCorp discuss threadbare on CNBC-TV18 what India needs to kick-start growth, what is expected of the new government and what can be delivered.
Most brokerages have maintained a sell or underweight rating on the stock despite its good financial performance in second quarter FY14.
In a discussion on CNBC-TV18, Kris Gopalakrishnan, executive VC, Infosys along with Sunil Munjal, joint MD, Hero MotoCorp and Rahul Bajaj, chairman, Bajaj Auto concurred that the government must focus on exports and policy.
Sunil Munjal, joint MD of Hero Motocorp and Chairman of Hero Corporate Service said he doesn't see any change in excise structure in the upcoming Budget.
Tata-owned Jaguar Land Rover plans to generate 4,500 manufacturing and engineering Jobs here over next five years, JLR Executive Director Mike Wright has said.
