The Associated Chambers of Commerce & Industry of India

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Press Releases

Corporate India gets policy changes as bolt from blue; risks increasing: ASSOCHAM

New Delhi, July 21, 2018: Corporate India is becoming more and more vulnerable to sudden policy change risks, emanating both at the Central and state levels with some of the well-known companies getting caught off the guard by issuance of a government notification or two, ASSOCHAM said, expressing a view that any amendment in rules should first involve stakeholders' consultation before being pronounced.

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Sunday, July 22, 2018

Mines Ministry contemplating on suggestions made by NITI Aayog on simplifying allocation and operation of mines: Narendra Singh Tomar

New Delhi, July 20, 2018: The Ministry of Mines is contemplating on and is willing to adopt the method suggested by NITI Aayog CEO, Mr Amitabh Kant regarding major policy changes to allocation and operation of mines in the country, union minister, Mr Narendra Singh Tomar said at an ASSOCHAM event held in New Delhi today.

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Friday, July 20, 2018

SEBI to introduce warehousing norms for non-agri commodities: CGM & HOD, SEBI

New Delhi, July 19, 2018:, Securities and Exchange Board of India (SEBI) has prescribed warehousing norms for agricultural commodities and is in process of doing the same for the non-agri commodities, said Mr P.K. Bindlish, CGM & HOD-Commodity Derivatives Market Regulation Department (CDMRD), SEBI said at an ASSOCHAM event held in New Delhi today.

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Thursday, July 19, 2018

Robust corporate bond market imperative to achieve 8% economic growth: Study

New Delhi, July 17, 2018: A developed corporate bond market is the need of the hour for India as an eight per cent economic growth cannot be achieved without a robust corporate capex cycle, more so as sole reliance on bank loans is not warranted, particularly when bank lending has been squeezed, noted a recent ASSOCHAM-Ashvin Parekh Advisory Services LLP (APAS) joint study.

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Tuesday, July 17, 2018

Indian TSPs to build efficient infrastructure service for swift growth: ASSOCHAM-KPMG study

New Delhi, July 15, 2018: Indian Telecom service providers (TSPs) have invested about INR 9,27,000 crore while Foreign Direct Investment (FDI) in the telecom industry has increased from INR 20,000 crore in FY’15-16 to approximately INR 67,000 crore in the first three quarters of FY’16-17, contributing towards building an efficient infrastructure to provide accessible and affordable service to customers, according to an ASSOCHAM-KPMG joint study.

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Monday, July 16, 2018

Allowing work from home, dense forests in company premises among solutions suggested by ASSOCHAM- Reckitt Benckiser -EY report to control air pollution

New Delhi, July 14, 2018: Allowing employees to work from home while connected virtually, dense plantation in corporate premises, stopping use of coal and firewood in hotels, increase in parking fee in the commercial areas and finding substitute for crop burning are among the specific measures recommended by a latest ASSOCHAM- Reckitt Benckiser -EY Report

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Sunday, July 15, 2018

Indias retail sales will cross $1,244.58 billion by 2018: ASSOCHAM-Resurgent study

New Delhi, July 12, 2018: The total retail sales in India will likely to increase from the $717.73 billion during CY 2014 to touch $1,244.58 billion by 2018 as its growing at an impressive rate of about 15%, registering a double digit growth figure year after year, according to an ASSOCHAM-Resurgent India latest study.

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Thursday, July 12, 2018

SEBI consultation paper on mandating large corporates to meet 1/4th finance needs through bond mkt. soon Ajay Tyagi

Mumbai, July 11, 2018: The Securities and Exchange Board of India (SEBI) would soon come out with a consultation paper on making it mandatory for large corporates to meet one-fourth of their financing needs through bond market, as asked by the Union Budget FY18-19, chairman of the capital markets regulator, Mr Ajay Tyagi said at an ASSOCHAM event held in Mumbai today.

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Wednesday, July 11, 2018

Need regulatory framework to regulate use of EMRs: Dr. Rajendra Sharma, Medical Superintendent, Safdarjung Hospital

New Delhi, July 11, 2018: We require a regulatory framework that mandates and regulates the use of EMRs (Electronic medical records) and other clinical applications including Hospital Information System (HIS), said Dr. Rajendra Sharma, a top official said at an ASSOCHAM event held in New Delhi today.

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Wednesday, July 11, 2018

ASSOCHAM urges Govt to reject TRAIs proposal to permit internet players to operate without licence fee

New Delhi, July 10, 2018: TRAIs recommendation to permit sale of internet services without a licence and licence fee and other statutory levies is highly disruptive in nature and would wreck a huge investment made in the telecom sector, the ASSOCHAM has said, impressing upon the government to reject the ill-advised move of the regulator.

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Tuesday, July 10, 2018

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