Category Archives: FICCI

All India Organisation of Employers urges government to apply amended Payment of Bonus Act, 1965 prospectively from 2016-17


The applicability of enhanced bonus from April 1, 2015 is fraught with serious financial implications for the Indian industry, particularly the MSME sector. Keeping in view both the financial and operational hardship of industry, All India Organisation of Employers’ (AIOE), an allied body of the Federation of Indian Chambers of Commerce and Industry… Read More

France reaffirms 2b euros for 3 cities under smart city plan

France has promised investment of 2 billion euros for Chandigarh, Nagpur and Puducherry under the smart city mission. Apart from euro 2 billion plus investment, there is another investment of 200 million euros for the extension of the Bangalore metro. Fra­nçois Richier, ambassador of France in India said on Wednesday here that “the Indian prime minister… Read More

Indian Bureaucracy wishes Happy Dipawali

Dear Esteemed Reader, we started just 8 months back in 2015 and are sincerely happy and thankful for the support & blessings that you have given us.

With unique visitors of 3000+ and an average stay of 3.14 minutes per person , we presume that we are in the right track in providing news updates and Editorials, Health Papers,Defence News ,etc .

We look forward… Read More

FICCI comments on the Draft Insolvency and Bankruptcy Code, 2015


FICCI is happy to note that the Bankruptcy Law Reform Committee has placed the Draft Insolvency and Bankruptcy Code, 2015 in public domain for comments. “This is a much awaited reform which has remained pending and would bring greater legal certainty and speed in closure of businesses which need winding up due to genuine reasons. This will be a huge boost for… Read More

France commits over 2 billion euros for India’s ‘Smart Cities’ project with focus on Chandigarh, Nagpur & Puducherry: Ambassador of France


France has committed to provide over 2 billion euros for Smart city projects in India with a focus on Chandigarh, Nagpur and Puducherry. Also, there is an investment of another 200 million euros for the extension of Bangalore metro, said Mr. François Richier, Ambassador of France in India, at a seminar on ‘Towards Smart and Sustainable Cities’ organized… Read More

DST-Lockheed Martin India releases ‘Impact Analysis Report’

The second “Impact Analysis Report” for the DST-Lockheed Martin India Innovation Growth Programme (IIGP) was released at the Bengaluru Technology Expo. The report, prepared by Ernst & Young, highlighted how ideas and innovation play an important role in the development of modern economies.

According to the report, enhancing innovation-driven… Read More

French Ambassador invites captains of Indian Industry to invest in the country

Mr. François Richier, Ambassador of France, today showcased France as an ideal
investment destination for Indian investors and invited captains of Indian industry to the France as it offered access to markets of the Middle East and African countries.

While addressing a discussion on ‘France: Your Preferred Destination’ organized jointly by FICCI… Read More

Govt. to announce 1st 20 Cities to commence Smart City initiative in January : Venkaiah Naidu


Real Estate Regulation Bill which has received the nod from the Parliament Select Committee will be posed to the Cabinet shortly “and I propose to table it in the next session of Parliament,” stated Mr. M. Venkaiah Naidu, Minister of Urban Development, Housing and Urban Poverty Alleviation and Parliamentary Affairs, Government of India, here today at… Read More

Venkaiah Naidu to inaugurate FICCI Smart Cities Summit 2015 in New Delhi

FICCI is organising a Smart Cities Summit, “100 Smart Cities: Mission Transform Nation” on 8th and 9th October 2015 at FICCI, Federation House, New Delhi. Shri M. Venkaiah Naidu, Hon’ble Minister of Urban Development, Housing and Urban Poverty Alleviation and Parliamentary Affairs, Government of India is slated to inaugurate the event on … Read More

Cabinet monitoring has fast-tracked Projects: Gen V K Singh

In a policy update, the Centre’s project management monitoring group has fast-tracked the clearance of over 200 projects worth about $112 billion.

Addressing the second India-Central Europe Business Forum meet here on Monday, Minister of State for External Affairs Gen VK Singh said: “The project management monitoring group, which works under the … Read More

Germany Partners for Sustainable Textiles


Mr. Hans-Joachim Fuchtel, Parliamentary State Secretary in the Federal Ministry for Economic Cooperation and Development of the Federal Republic of Germany and Chairman of the Board of Governors of the Asian Development Bank, said that the Indian textile and garment industries are of great importance at all levels of the value chain – given that globally,… Read More