Ajay Shriram

• India Back in Reckoning at Davos, Say Business Leaders

  Ajit Gulabchand, chairman & MD of HCC, said that the difference this year in Davos is that everybody who had turned their backs on India and talked about India in whispering terms are back here asking, what is happening in India.

• Cabinet Expansion to Speed Up Decision Making: Industry

  Industry chambers welcomed the Cabinet expansion on Sunday saying the development signals a serious intent on the part of Prime Minister Narendra Modi for faster decision making process and kicking in reforms.

• 'Make in India' Reflects Ambition to Move Ahead in Manufacturing: India Inc

  Hailing Prime Minister Narendra Modi's Make in India campaign and the emphasis on ease of doing business, India Inc has said the initiative mirrors the country's ambition to sprint ahead in the global manufacturing race, thereby creating jobs and boosting economic growth.

• PM Modi's Visit to Japan Opens Up New Business Opportunities: Industry Body

  Observing that new opportunities have emerged for business in view of Prime Minister Narendra Modi's visit to Japan, the Confederation of Indian Industry (CII) on Wednesday urged Japanese companies to seize this opportunity and invest in India.

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  Tremendous Positivity After Formation of Modi Government: Indian CEOs

  The delegation of Indian CEOs from Confederation of Indian Industry in an interaction with the Washington audience at Carnegie Endowment for International Peace yesterday highlighted the growing sense of optimism amongst both the public and industry in India following the recent election results which brought BJP to power with a landslide majority.

• Economic Survey Presents Realistic Macroeconomic Picture: India Inc

  Terming the Economic Survey 2013-14 as a "realistic" assessment of the current picture, India Inc on Wednesday hoped that the Union Budget will address key issues like infrastructure development and implement measures outlined in the document to revive growth.

• India Inc Endorses Narendra Modi's Vision

  Endorsing Prime Minister Narendra Modi's vision of India outlined in his address to Parliament, India Inc said efforts to improve farm productivity, rein in price rise and impart skills to youth will transform the nation in the days to come.

• Industry Body Welcomes Government Resolve to Liberalise FDI in Defence

  Welcoming the government's resolve to liberalise foreign direct investment (FDI) in the defence sector, the Confederation of Indian Industry (CII) on Tuesday said the proposed move will create more opportunities within the country by helping create jobs and boost manufacturing sector growth.

• Piramal Acquires 10% Stake in Shriram City for Rs 790 Crore

  The Mumbai-based firm has acquired 65,79,840 equity shares of Shriram City Union Finance Ltd, the retail focused non-banking financial company (NBFC) of the Shriram Group, Piramal Enterprises said in a statement today.

• Unclear Companies Act Would Make Things Worse: CII

  CII has made a detailed representation to the government on the subject and has sought adequate legroom for companies to comply with the norms on corporate social responsibility as well as clarity with regard to appointment of independent directors, among others.

• India's Growth Seen at Over 6 Per Cent on Stable Government: Industry Body

  Indias economy can grow well over 6 per cent this fiscal year if a stable government assumes office and carries out systemic reforms, industry body CIIs new president Ajay S Shriram said on Thursday.

• Industrialist Ajay Piramal's stake deal with Shriram Cap set to materialise

  Billionaire industrialist Ajay Piramal's bid to pick up a stake in Shriram Capital will be fructified this quarter, a top official from the diversified financial group has said.

• TPG sells stake in Shriram Transport for $300 million

  US private equity firm TPG Capital raised about $300 million by selling its roughly 10 per cent stake in Indian commercial vehicle financier Shriram Transport Finance Co Ltd to Piramal Group, generating a near seven times return on a 2006 investment.

• Shriram City Union Finance's director resigns

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.