New Delhi, May 8 (IANS) KPIT Technologies founder and Chairman Ravi Pandit passed away in Pune on Friday at age of 71, the company said in a regulatory filing.Dr. S.B. (Ravi) Pandit was the Chairman and Co-Founder of the K&P Group and played a major role in building KPIT Technologies into a global mobility technology company focused on automotive software and engineering solutions.Under his leadership, KPIT Technologies expanded its presence across 15 countries, providing software-defined mo…
Latest Confederation of Indian Industry News & Updates
Mumbai, May 4 (IANS) The Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority of India (IRDAI) are not in favour of allowing banks and insurance companies to participate in the commodity derivatives market, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Monday.Speaking on the sidelines of the IMC Capital Markets Conference at the NSE, Pandey said both regulators have a “valid rationale” behind their stance and are not favourabl…
Bengaluru, April 29 (IANS) The Karnataka government-owned Bengaluru Milk Union Limited (BAMUL) President and former Congress MP D.K. Suresh said on Wednesday that 2 lakh kg of Nandini ghee will be supplied every month to the revered Hindu pilgrimage centre, the Tirumala Tirupati temple in Andhra Pradesh, for the next six months. Speaking to the media at the BAMUL office in Bengaluru, Suresh said that Nandini ghee has been supplied to Tirupati every year through Karnataka Milk Federation (KMF). E…
New Delhi, April 29 (IANS) India has emerged as a key trading partner for Kenya as bilateral trade grew to $4.31 billion in FY26, while both the countries aim to further strengthen trade and economic cooperation, the government said on Wednesday.Total trade between India and Kenya stood at $4.31 billion in 2025–26, reflecting an increase of 24.91 per cent from $3.45 billion in 2024–25.The 10th session of the India–Kenya Joint Trade Committee (JTC) in Nairobi reviewed the trade ties, which …
New Delhi, April 28 (IANS) India’s startup ecosystem must undergo a shift in narrative and policy focus—from valuation-centric growth to value- scale, a report said on Tuesday.The report from Confederation of Indian Industry (CII) urged policymakers to improve access to growth capital, enable proportionate regulatory structures, strengthen digital public infrastructure and foster innovation through R&D support.Patient and diversified capital pools should be made available to support star…
New Delhi, April 27 (IANS) The Confederation of Indian Industry (CII) on Monday said that New Zealand’s commitment to facilitate $20 billion in investment over 15 years is expected to catalyse the development of industrial infrastructure, manufacturing ecosystems, and innovation clusters across India.Hailing the signing of the India–New Zealand Free Trade Agreement (FTA), the apex industry chamber said that the FTA’s provision of 100 per cent duty-free access for Indian exports is expected…
New Delhi, April 25 (IANS) Taiwan’s huge foreign reserves and expertise in the fields of hardware manufacturing, mine exploration, electronics, food processing and others, could make it a significant partner in India’s Make in India, Digital India and Skill India initiatives, a new report has said.India could leverage its expertise in software and Taiwan could use its hardware skills for a mutually beneficial relationship, the report from Taiwan News said.Meanwhile, India’s huge market could sig…
New Delhi, April 19 (IANS) Efficient and transparent access to industrial land is critical for accelerating investments, reducing project gestation periods, and positioning India as a competitive global manufacturing hub, a Confederation of Indian Industry (CII) report said on Sunday.The report, titled “CII Land Mission: Framework to Reform Industrial Land Management in India”, outlines a roadmap to address structural and procedural bottlenecks in India’s industrial land ecosystem.“India…
New Delhi, April 11 (IANS) The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has said that India continues to remain an open and compelling destination for global capital, supported by strong macroeconomic fundamentals, a rapidly expanding investor base, and a reform-oriented policy environment.The SEBI chief was speaking at an interactive session — jointly organised by the Confederation of Indian Industry (CII) and the Consulate General of India (CGI) — with global…
New Delhi, April 6 (IANS) The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Monday said that escalating tensions in West Asia are disrupting global energy flows, putting pressure on oil and gas supplies and triggering sharp price volatility.In his address at the 19th CII Corporate Governance Summit, he cautioned that the ongoing conflict could have far-reaching implications for the global economy.Pandey said the current crisis adds to a series of shocks that busine…