Key Initiatives / Information
The business environment, global and Indian economic issues and the regulatory environment are undergoing considerable changes. CFOs, working closely with the CEOs, are the ones who need to understand the impact of these changes on the company. These issues need to be discussed in a forum of CFOs to understand their impact on the industrial front. These deliberations may result in formulating the additional competencies that need to be developed by an organisation. It may also result in developing strategies for a collective intervention with the appropriate authorities.
CII has been conducting a bi-annual Business Outlook Survey (BOS) among its members in order to get a consistent view of the prevailing business sentiment in the country. The survey results are quoted by RBI and referred by economy watchers and CII’s own membership.
76th CII Northern Region Business Outlook Survey is a quarterly study conducted to gauge the sentiment in the economy. Earlier, the survey was conducted bi-annually, but from the 74th Survey onwards the study is conducted on a quarterly basis in order to get a more frequent indicator of business sentiment. The current survey gives an outlook on business sentiments for the first quarter of 2011-12 as compared to the last quarter of 2010-11.
First communication from the CII President to all members after assuming the office of CII, President.
The information presented in this publication has been compiled from various published and electronically available primary and secondary sources. CII makes every effort to ensure the accuracy of information presented in this document. However, neither CII nor any of its office bearers or analysts or employees can be held responsible for any financial consequences arising out of the use of information provided herein.
For greater understanding and appreciation of competition regime in the country, please click on the link above to access the advocacy booklets of the Competition Commission of India
India survived the recent global financial crisis better than most large economies. GDP growth is expected to be in the range of 7-8 percent per annum for the next couple of years.
Development of infrastructure to support the growth is important and a significant portion of the capital required to fund this growth could come from PE. Hence, PE is being increasingly recognised as an important asset class in India. Besides, 2010 is witnessing a
resurgence of PE funding, following decreased deal activity in 2008 and 2009. Thus, it becomes important to assess a key question that is often asked, which is: “can PE firms provide value addition to their portfolio companies in India given that the PE India model is unique and that PE firms are largely minority investors?” We short-listed a few companies
that had received PE funding and interviewed both the PE firms and the company management to get their inputs on the value addition provided by the PE firms and the manner in which PE has impacted their business, besides merely providing capital. Our findings clearly indicate that behind the scenes there have been a broad range of areas that PE firms influence their portfolio companies and bring resultant benefits to the company.
CII News Update
“India-Pakistan relations would improve a lot with a boost in trade ties through fairs like the CII Chandigarh Fair,” emphasized H E Mr Jagannath Pahadia, Governor, Haryana, while inaugurating the 17th CII Chandigarh Fair, supported by National Small Industries Corporation (NSIC), amongst massive c.....
The insurance industry is faced with multiple challenges, while life insurance has seen de-growth in new business premium in FY12, non-life insurance is weighed down by underwriting losses. A multitude of changes in the regulatory landscape has given little time to the industry to adjust to changed.....
The insurance sector is at an inflection point where it faces both hard realities and immense opportunities. What should be the way forwards and what role can the regulator pay in helping the industry while protecting customers. These points were discussed at Confederation of Indian Industry (CII)f.....
Confederation of Indian Industry (CII) wants the next Budget to provide an enabling environment for amalgamations to take place so that consolidation in industry is possible and economies of scale can be derived in sectors where these are needed. In this context, Section 72 A of the Income Tax Act,.....
India is moving towards a paperless kind of insurance industry. “IRDA is working on the repositories and contractual liabilities to suit to the requirements of a paperless insurance industry”, said Mr. J Hari Narayan, Chairman, Insurance Regulatory and Development Authority (IRDA) speaking at the s.....
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