Photo: Business Standard
FICCI To Appoint Hindustan Unilever CMD Sanjiv Mehta As New President
The Indian Chambers of Commerce and Industry (FICCI) has decided to appoint Sanjiv Mehta, chairman and managing director of Hindustan Unilever Limited (HUL), as its new president. Mehta will succeed Uday Shankar and will assume the office after the association concludes its 94th annual general meeting. Reportedly, Mehta who completed his advanced management program from the Havard Business School has been associated with Unilever for 28 years… read-more
Tags: FICCI, President, Hindustan Unilever, CMD Sanjiv Mehta, FICCI General Meeting
Courtesy: Hindustan Times
Photo: Moneycontrol
GDP Likely To Contract By 8% In Financial Year 2020-21: FICCI Survey
As per the FICCI's Economic Outlook Survey, India's GDP is expected to shrink by 8% in 2020-21. The survey has predicted that the industry and services sector can expand up to 10% and 9.2% respectively, whereas Agriculture and allied activities stood at 3.5%. Besides, it mentioned sectors like tourism, entertainment, and education are yet to see normalcy. However, the study expects a rise of 0.5% in the fourth quarter of the fiscal year.
Tags: GDP, India, FICCI, Economic Outlook Survey, business
Courtesy: The New Indian Express
Photo: The Indian Express
Micro & Small Firms To Create 10.3M Jobs In Next Five Years, Says Report
A recent study by Azim Premji University, TISS and FICCI extrapolated that Micro and Small Enterprises can create 10.3 Million jobs in five years. The study suggested to create an Udyog Sahayak Enterprises Network (USENET) that will connect MSEs facilitating ease of doing business. Digitization, formalisation, availing of government loans and subsidies to be done through USENET, the joint proposal expects adding over 2-lakh crore in five… read-more
Tags: INFORMAL JOBS, Economy, business, MSEs, USENET, FICCI, Employment
Courtesy: The New Indian Express
Photo: DNA India
Delhi Govt Imposes Fine On FICCI For Flouting Pollution Control Norms
On account of violating pollution control norms, the Delhi government on October 10 charged the Federation of Indian Chambers of Commerce and Industry (FICCI) a sum of ₹20 lakh. Reportedly, the violation was noticed at a FICCI site, which was being demolished without the use of an anti-smog gun despite several warnings from the Delhi Pollution Control Committee. The state's Environment Minister warned contractors of severe actions if the… read-more
Tags: Delhi Government , Pollution, FICCI, Union Environment Ministry
Courtesy: The Hindu
