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“Demonetization a Masterstroke”, give it time to play out: CII

The recent move by the Government to demonetize high denomination notes is likely to have far-reaching impact, striking a blow at the heart of the illegal economy. While it is not possible to have a firm estimate of unaccounted...

India Inc. welcomes move to demonetize Rs 500 and Rs 1,000 notes

India Inc. on Tuesday welcomed the Government's decision to demonetise the Rs 500 and Rs 1,000 notes from Tuesday midnight. This is a master stroke by the BJP government and a very bold move indeed. Even though this is not...

Celebrities should care for consumers' interests: Paswan

Union Consumer Affairs and Food Minister Ram Vilas Paswan has appealed to celebrities to consider consumer interests before endorsing products. The minister said the Government is making provisions in the new Consumer Protection Bill to ensure strict action against misleading...

CII to Kerala government: Review 'fat tax' on burgers, pizzas

Industry chamber CII has asked the Kerala government to review imposition of 14.5 per cent tax on burgers and pizzas as it would adversely affect quick service restaurants in the state. The CPI(M)-led LDF government in Kerala, recently in its...

CII pens MoU with Dubai Exports

To boost trade and explore business opportunities, Confederation Indian Industry (CII) has signed an MoU with Dubai exports. It is expected that it will also strengthen India-UAE economic ties. The MoU was signed by Piruz Khambatta, chairman of the CII...

Trends and challenges in Retail

With the rapidly changing profile of consumers the world over, it’s a challenge for retailers to keep up with the shifting shopping demands. Shoppers today are more discerning and better informed about products and services, and expect a certain...

Industry welcomes excise cut

Following government’s move to slash excise rates by two per cent, consumer goods companies will see prices of items of daily consumption coming down, says industry experts. The further reductions in excise and service tax by 2 per cent and...

DU starts certificate course on retail

The Confederation of Indian Industries (CII) has joined hands with Delhi University to provide industry-endorsed professional skills in the three high-growth segments of retail, information technology and automotives. The commencing date for the first course on retail sector is...

Organised retail to drive fruit and vegetable growth: Study

“The organised and traditional retail sector will ultimately drive the growth of the fruits and vegetable sector in the country,” says a study conducted by YES Bank and Confederation of Indian Industries (CII). The study said that organised retail chains...

Indian middle class cannot be blamed for inflation: CII

“The entire issue of food prices needs to be seen in a global perspective and not just seen as an issue emanating from specific countries. There is a need for greater flow of global information on food production and...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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