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FICCI

New Electronic Toll System to be Effective on Pan-India basis by December

New Electronic Toll System to be Effective on Pan-India basis by December
Road Transport and Highways Minister recently stated that once the Electronic Toll Collection (ETC) system becomes effective on a pan-India basis by December, the country will be able to save as much as Rs. 86000 crore annually. Estimated Losses: Lack of computerisation in the electronic toll collection system causes a lot of delay at the [...] Continue Reading »

Google comes up with a funky office space in Gurgaon

Google comes up with a funky office space in Gurgaon
Google India aims to stimulate the minds of their employees by providing a fun filled environment. This culture of google is similar to the company’s work spaces around the world. They have come up with a similar facility in their new offices in Gurgaon and the employees can’t wait more to enter into these premises. The [...] Continue Reading »

India and Japan to work in Tandem to build smart cities and high-speed bullet trains

India and Japan to work in Tandem to build smart cities and high-speed bullet trains
In New Delhi, the officials from the Indian Embassy spoke with their Japanese counterparts regarding investments to develop 100 smart cities and high-speed bullet trains to improve infrastructure. Amitabh Kant, Secretary in the Department of Industrial Policy and Promotion mentioned that Japan is their chosen partner because this quality driven nation is the best in developing [...] Continue Reading »

Industry sees weak demand in next 3 months

Industry sees weak demand in next 3 months
A survey by Ficci founds that the industry sees a poor demand over the next 3 months. Tortured by the econonic slowdown and high interest rates is responsible for industry trouble and there was little chance of improvement in upcoming 6 months. The Survey by Ficci found that not only the cost but even the [...] Continue Reading »

Realty worsens in last 6 months; stakeholders hopeful

Realty worsens in last 6 months; stakeholders hopeful
In one of the first real estate sentiment indices, Industry body FICCI and residential and commercial property consultancy, Knight Frank India have concluded an overall negative sentiment for realty across all zones including the National Capital Region (NCR) and Mumbai Metropolitan Region (MMR). The index further cited that the mood have got worse than what it was in the last [...] Continue Reading »

Afghan builders keen on JVs with Indian counterparts: FICCI

Afghan builders keen on JVs with Indian counterparts: FICCI
Industry body FICCI (Federation of Indian Chambers of Commerce and Industry) after its interaction with the Afghanistan Builders Association (ABA) which is leading the 35-member Afghan delegation to India, said in a statement that the builders from Afghanistan have shown interest in collaborating and forging joint ventures with Indian companies for carrying out the projects [...] Continue Reading »



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