Speaking at the ET CEO Roundtable in New Delhi Wednesday, Union Minister Nitin Gadkari said the government was investor-friendly, but insisted that there ought to be far better cooperation and communication between banks, contractors and the government. The minister said bankers need to act quickly while the government should encourage them to take decisions without fear. He called for stern action against mala fide actions. Listen-in. (Text: ET Bureau)
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Watch Gadkari calls for better cooperation between banks, contractors, govt | ET CEO Roundtable With HD Quality.
Speaking at the ET CEO Roundtable in New Delhi Wednesday, Union Minister Nitin Gadkari said the government was investor-friendly, but insisted that there ought to be far better cooperation and communication between banks, contractors and the government. The minister said bankers need to act quickly while the government should encourage them to take decisions without fear. He called for stern action against mala fide actions. Listen-in. (Text: ET Bureau)
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Speaking at the ET CEO Roundtable in New Delhi Wednesday, Union Minister Nitin Gadkari said he held the judiciary in high esteem but added that court orders had delayed projects, which led to contractors claiming thousands of crores from the government in compensation. Listen-in. (Text: ET Bureau)
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Watch Court delays hurt govt projects, says Nitin Gadkari | ET CEO Roundtable With HD Quality
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'The announcement of the deep (tax) cuts took the industry by great deal of surprise, on the pleasant side because usually governments do it in small measures,' Bharti Enterprises chairman Sunil Mittal said at the ET CEO Roundtable on Wednesday on 'Tackling the Slowdown'. He suggested some 'other things needed to be done.' Listen-in.
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Watch Sunil Mittal calls on govt to become big enabler, save 'national assets' | ET CEO Roundtable With HD Quality
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For a good project, banks are willing to lend and there's no shortage. It doesn't matter if the project is infrastructure or refinery, banks are not shy of lending. It's not my money that I am lending, it is your money that I am lending', said HDFC Bank's top boss Aditya Puri. He was speaking at ET CEO Roundtable.
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Deloitte presents The Economic Times CEO Roundtable where a power packed, A-Star line up discussed 'How can the government and India Inc spur equitable growth.'
The panel, moderated by R. Sriram, Associate Editor, The Economic Times, included:
N. Venkatram - CEO, Deloitte
Cyril Shroff - Managing Partner, Cyril Amarchand Mangaldas
Vijay Shekhar Sharma - Founder & CEO, Paytm
Kalpana Morparia - CEO, South and South East Asia, JPMorgan
Aditya Puri - MD, HDFC Bank
Uday Kotak- MD & CEO, Kotak Mahindra Bank
Nandan Nilekani - Non-Executive Chairman, Infosys
Harish Manwani - Independent Director, Tata Sons
Ritesh Agarwal - Founder and CEO, Oyo Rooms
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Speaking at the ET CEO Roundtable in New Delhi Wednesday, Infosys chairman Nandan Nilekani said that the next big step for the government to take is to revive credit to small businesses. 'Today only 8% of Indian small businesses get credit from the banking system. Due to combination of factors like public sector banks having high NPAs, NBFCs having asset liability mismatch, the whole thing is grid locked,' Nilekani said. Listen-in. (Text: ET Bureau)
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*CONTRACTORS ASSOCIATION FORMED AT THANNAMANDI*
contractors association forum formed at thannamandi in which whole organisation body of association was formed .
*CONTRACTORS ASSOCIATION FORMED AT THANNAMANDI* contractors association forum formed at thannaman
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#Contractional Contractors Association Baramulla & joint Contractors Coordination Committe Srinager Held a Convection Meeting at R&B Baramulla With Contractors Regarding Futher Programme of Protest Call.
Report By Rezwan Mir
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In ET CEO Roundtable discussion, Deloitte CEO N Venkatram said more women in the workforce will foster growth and India is still lagging behind in it. 'I believe we should not just rely on larger cos to give us jobs. The jobs will come from middle and small sector,' Deloitte CEO added.
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Automation in manufacturing is reducing the jobs from the sector, said Nandan Nilekani of Infosys. Nandan said broad-based growth will happen due to the mega trends of financialisation, formalisation and technology.
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