The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Startups must develop stronger & sustainable biz plans to continue receiving PE/VC funding: Study

New Delhi, August 16, 2017: Developing stronger and sustainable business plans will help startups in receiving PE/VC (private equity/venture capital) funding, suggested a recent ASSOCHAM-Hammurabi & Solomon joint study.

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Wednesday, August 16, 2017

Tech solutions in place; mind set of staff manning customer services need massive change: ASSOCHAM

New Delhi, 14 August, 2017: Be it a post office, not in some remote area but in big cities of Mumbai and Delhi, or a public sector bank, state-owned MTNL, BSNL or several other government owned and run organisations, the ease of doing business, especially for a small entrepreneur is missing despite a well-meaning digital drive of the government, an ASSOCHAM paper has noted with concern.

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Monday, August 14, 2017

Pool all skill development schemes under single minister with Rs 25K crore budget, suggests study

New Delhi, August 12, 2017: The Union Government should take core elements of skill development from various ministries and pool them under single minister with a budget of about Rs 25,000 crore, suggested an ASSOCHAM-Tata Institute of Social Sciences (TISS) joint study.

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Sunday, August 13, 2017

360,000 BTS expected to be added by 2019: study

New Delhi, 10 August, 2017: Around 360,000 Base Transceiver Station (BTS) are expected to be added by 2019 resulting in an increase in tenancy ratio from the current level of 2.6 to approximately 3.5 in 2021, according to an ASSOCHAM-KPMG joint study.

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Thursday, August 10, 2017

Government training people for entry level jobs to work as drivers, domestic help abroad: Rajiv Pratap Rudy

New Delhi, August 9, 2017: The Government is imparting skill-based training for entry-level jobs and employment opportunities for people in unorganised sector including those seeking to work abroad as drivers and domestic help, Union Minister for Skill Development and Entrepreneurship, Mr Rajiv Pratap Rudy said at an ASSOCHAM event held in New Delhi today.

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Wednesday, August 09, 2017

Indian handset market crosses 350 million shipments in 2017: ASSOCHAM-KPMG study

New Delhi, 8 August, 2017: Indian handset market recorded over 350 million shipments in the year 2017 as compared to 280 million in 2016, a surge in revenue from INR 111,000 crores in 2015 to INR 135,000 crore in 2016, according to an ASSOCHAM-KPMG joint study.

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Tuesday, August 08, 2017

External rupee value far greater than internal; mismatch hurting exporters: ASSOCHAM

New Delhi, 5 August, 2017: External value of rupee is far stronger than its internal strength despite lower inflation with the resultant mismatch and the continuing trend is hurting exporters whose competitive edge gets directly hit with declining value of dollar against the domestic currency, an ASSOCHAM Note has said.

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Sunday, August 06, 2017

Mines Ministry to bring out proposed draft changes to Mineral Auction Rules, 2015 within August: Secretary

New Delhi, August 4, 2017: The Union Mines Ministry will bring out proposed draft changes to the Mineral Auction Rules, 2015 within August with a view to make mineral block auctions more effective thereby removing the small glitches highlighted by the bidders and industry associations at a meeting held last month, a top Ministry official said at an ASSOCHAM event held in New Delhi today.

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Friday, August 04, 2017

Banks may need 20% incremental provisioning for 50 large stressed assets: Study

New Delhi, August 3, 2017: Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs 4.3 lakh crore in construction, power, metals and other sectors that constitute about half of the gross non-performing assets of the banking sector, noted a recent joint study by ASSOCHAM-Crisil.

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Thursday, August 03, 2017

India is setting best practices in NTP 2018: Aruna Sundararajan

New Delhi, August 2, 2017: India is not just following but setting best practices in many areas in terms of New Telecom Policy 2018, Ms Aruna Sundararajan, chairperson, Telecom Commission and secretary, Department of Telecommunications said at an ASSOCHAM event held in New Delhi today.

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Wednesday, August 02, 2017

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