Federation of Indian Chambers of Commerce and Industry

Type: Organization
Name: Federation of Indian Chambers of Commerce and Industry
First reported 15 hours ago - Updated 1 hour ago - 3 reports

SC ruling on telcos audit may apply to other areas: Ficci

"The episode raises serious questions on the sanctity of Indian contracts. If an external audit is part of the contract it is automatically applicable. Whatever is incorporated ab-initio in the contract, the parties must live with it," Ficci president ... [Published Business Today India - 12 hours ago]
First reported 16 hours ago - Updated 16 hours ago - 1 reports

JD(U) attacks BJP, Modi on meat export from Gujarat

Janata Dal(U) today hit out at BJP over the issue of "pink revolution" in meat export from Gujarat and claimed beef, pork and chicken were being sold in a Hong Kong restaurant inuagarated by 2 BJP leaders.Accusing the main opposition of "hypocrisy" and ... [Published Business Standard India - 16 hours ago]
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

MoEF Approaches EC Over Project Clearances

The Ministry of Environment and Forests (MoEF) has approached the Election Commission seeking permission to issue official orders in cases where environment and forest clearance were accorded before the model code of conduct came into being on March ... [Published New Indian Express - Apr 18 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Indian trip to strengthen special relationship

Browser does not support script.The University’s Chancellor and Vice-Chancellor aretravelling to India and Bangladesh to build upon the success of asimilar trip last year to strengthen education, business andfriendship links.The trip will be led by the ... [Published University Of Wolverhampton - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Afghan companies reach out to Gujarat for joint ventures

AHMEDABAD: Gujarat's companies are likely to help improve Afghanistan's economy by entering into joint ventures with them. As Afghanistan moves towards democracy and the country prepares to stand on its own feet, Afghan companies are seeking partnership ... [Published Times of India - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 4 reports

Overcoming Voter Apathy In India’s I.T. Hub

Aam Admi Party (AAP) supporters and volunteers participate in a flash mob as part of an election camapaign to woo voters in Bangalore on April 13, 2014. MANJUNATH KIRAN—AFP/ With its young and upwardly mobile population, Bangalore is a bellwether for ... [Published Time - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

FMCG companies on advertising splurge

What do fast-moving consumer companies do when faced with stingy consumers? Bombard them with more advertisements for products they’re missing out on. Advertising expenditure for FMCG companies was up 16 per cent for the nine months to December 2013, ... [Published Hindu Business Line - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Industry asks EC to clarify on pending environment approvals

India Inc has asked the Election Commission to issue clarifications on pending project approvals sought by the Environment Ministry as the industry faces difficulties due to delays in getting the clearances."Ever since the Model Code of Conduct (MCC) ... [Published Business Standard India - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

FICCI writes to EC on environment & forest clearance process

FICCI said that all clearances are ongoing regulatory activities of Ministry of Environment and Forests and should be allowed to be granted. FICCI has requested Election Commission of India to issue clarification to Ministry of Environment & Forests on ... [Published India Infoline - Apr 17 2014]
First reported Apr 15 2014 - Updated Apr 16 2014 - 2 reports

New govt must frame policies to arrest inflation: India Inc

With inflation on the rise, India Inc has called for the next government to take measures, including strengthening of the distribution framework and clearing of supply bottlenecks, to tame price increases."We urge the new government to frame policies ... [Published Business Standard India - Apr 15 2014]
Entities: Inflation, Retailing, India
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

Ficci, US firms discuss road map for better ties

In fact, industry chambers are preparing an agenda for the new government on the issues which need to be resolved for better trade ties.Summary In fact, industry chambers are preparing an agenda for the new government on the issues which need to be resolved ... [Published Financial Express - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 3 reports

Indo-US economic engagement: Industry body FICCI interacts with top CEOs of the US

The US-India bilateral relations had seen a downward spiral in last few months which has been further compounded with negative sentiments on commercial issues. In an effort provide an agenda to the new Indian government on resolution of many of these ... [Published Meri News - Apr 15 2014]

Quotes

"The episode raises serious questions on the sanctity of Indian contracts. If an external audit is part of the contract it is automatically applicable. Whatever is incorporated ab-initio in the contract, the parties must live with it" Ficci president Sidharth Birla said
"Subsequent judicial challenge and interpretation creates the possibility of much wider ramifications especially as the government has extensive revenue engagement at all levels of commerce. The application of this pronouncement may get extended to areas that may not have been intended under the subject decision of the Supreme Court" he added
"We have no comment to make on the judgment of the Hon'ble Supreme Court. However, the episode raises serious questions on the sanctity of Indian contracts. If an external audit is part of the contract it is automatically applicable. Whatever is incorporated ab-initio in the contract, the parties must live with it. Subsequent judicial challenge and interpretation creates the possibility of much wider ramifications especially as the government has extensive revenue engagement at all levels of commerce. The application of this pronouncement may get extended to areas that may not have been intended under the subject decision of the Hon'ble Supreme Court" , said Mr. Sidharth Birla, President, FICCI
"The hypocracy must stop...I have not seen such double standards...You campaign for religion and you are giving a communal colour to the election" Tyagi said

More Content

All (799) | News (785) | Reports (0) | Blogs (12) | Audio/Video (0) | Fact Sheets (1) | Press Releases (1)
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‘SC ruling on telcos audit may apply to other s... [Published The Freepress Journal - 1 hour ago]
SC ruling on telcos audit may apply to other ar... [Published Business Today India - 12 hours ago]
SC ruling on telcos audit may apply to other ar... [Published Business Standard India - 13 hours ago]
CAG audit of telcos a big worry, says FICCI [Published Telecom Tiger - 15 hours ago]
JD(U) attacks BJP, Modi on meat export from Guj... [Published Business Standard India - 16 hours ago]
MoEF Approaches EC Over Project Clearances [Published New Indian Express - Apr 18 2014]
Indian trip to strengthen special relationship [Published University Of Wolverhampton - Apr 17 2014]
Afghan companies reach out to Gujarat for joint... [Published Times of India - Apr 17 2014]
FMCG companies on advertising splurge [Published Hindu Business Line - Apr 17 2014]
Industry asks EC to clarify on pending environm... [Published Business Standard India - Apr 17 2014]
FICCI writes to EC on environment & forest clea... [Published India Infoline - Apr 17 2014]
Overcoming Voter Apathy In India’s I.T. Hub [Published Time - Apr 17 2014]
Overcoming Voter Apathy In India’s I.T. Hub [Published TIME.com - Apr 17 2014]
Overcoming Voter Apathy In India’s I.T. Hub [Published The China Blog - Apr 17 2014]
Overcoming Voter Apathy In India’s I.T. Hub [Published The Middle East Blog - TIME.com - Apr 17 2014]
Plan of action [Published The Week - Apr 16 2014]
Ambitious manifesto not enough [Published New Delhi Pioneer - Apr 16 2014]
Agro-chemical industry must grow up [Published New Delhi Pioneer - Apr 16 2014]
Inflation at 3-mth high of 5.7% [Published The Statesman - Apr 15 2014]
Indo-US economic engagement Industry body FICCI... [Published Big News Network - Apr 15 2014]
March inflation data dash rate cut hopes [Published Business Standard India - Apr 15 2014]
Delhi Duty Free honoured at Aviation Awards' 2014 [Published IndiaPRwire - Apr 15 2014]
Rise in retail, wholesale inflation dashes rate... [Published Financial Express - Apr 15 2014]
New govt must frame policies to arrest inflatio... [Published Business Standard India - Apr 15 2014]
Retail, wholesale inflation rises in March; das... [Published zeenews.com - Apr 15 2014]
Karnataka Government's Sakala programme and Ban... [Published SahiOnline - Apr 15 2014]
Rise in retail, wholesale inflation dashes rate... [Published Business Standard India - Apr 15 2014]
Retail inflation rises to 8.31% in March [Published Business Standard India - Apr 15 2014]
High food, fuel prices push inflation to 5.7 pe... [Published News Track India - Apr 15 2014]
FICCI comments on WPI Inflation numbers March 2014 [Published News Track India - Apr 15 2014]
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Blogs

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Overcoming Voter Apathy In India’s I.T. Hub [Published TIME.com - Apr 17 2014]
It’s the day before Good Friday, and many city dwellers in the IT mecca of Bangalore are getting ready to take advantage of the long weekend to escape the heat of the city. But at 7 AM in a polling booth in Whitefield, the city’s IT hub, some two dozen ...
Overcoming Voter Apathy In India’s I.T. Hub [Published The China Blog - Apr 17 2014]
It’s the day before Good Friday, and many city dwellers in the IT mecca of Bangalore are getting ready to take advantage of the long weekend to escape the heat of the city. But at 7 AM in a polling booth in Whitefield, the city’s IT hub, some two dozen ...
Overcoming Voter Apathy In India’s I.T. Hub [Published The Middle East Blog - TIME.com - Apr 17 2014]
It’s the day before Good Friday, and many city dwellers in the IT mecca of Bangalore are getting ready to take advantage of the long weekend to escape the heat of the city. But at 7 AM in a polling booth in Whitefield, the city’s IT hub, some two dozen ...
India proposes long-term visas for business and... [Published MaritimeSecurity.Asia - Mar 08 2014]
By Saroj Mohanty New Delhi, March 7 (IANS) — India has proposed the introduction of long-term visas for smooth movement of professionals and business, liberalization of investment policies and creation of economic hubs to ensure greater connectivity ...
Global Tax Heads Convene for Dialogue on Multil... [Published EON Business - Feb 25 2014]
NEW DELHI--(EON: Enhanced Online News)--USIBC held an International Tax Symposium in New Delhi. The event convened global tax executives along with OECD's tax bureau, BIAC, Government of India, FICCI, and CII to discuss multilateral issues. ...
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Press Releases

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Indian Center for DNS Security Announced [Published ICANN Press Releases - Oct 17 2013]
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