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    • Budget Quotes

    Mr. Sanjay Sethi, CEO & CO-Founder, Shopclues Com

    “It’s a satisfactory Budget for the industry. ShopClues is truly a marketplace for the masses and we heartily welcome the focus laid by the Budget on empowering the new middle class in India – whether it is with a higher tax exemptions for salaried individuals and on home loans, greater benefits in provident fund provisions, […]

    Budget Quotes

    Quote from Sify Technology’s CFO on the Budget reaction

    By Mr. M P Vijay Kumar, CFO, Sify Technologies “For a Government that is just 45 days old, I will say it’s a job well done. This budget has given us visibility on intent and direction. The Government has been very practical in ensuring continuity and making some socially important schemes productive. Secondly, they acknowledge […]

    Budget Quotes

    Hyderabad Inc comments and reactions on Budget 2014

    Mr. Suman Reddy Vice President and Managing Director Pegasystems “The Finance Minister has presented a favorable budget this year. The Govt. has fulfilled industry expectations to certain extent. The changes in transfer pricing with respect to the technicalities involved is the welcome move for the IT industry especially MNCs. This clarity will have a major impact […]

    Budget Quotes

    Views from different industry players on budget 2014.

    Rajesh aggarwal, MD Insecticides India Ltd- The government has rightly acknowledged the need for investment in agro-technology. Rs 100 crore for research and development in agriculture is a positive step that we hope will pave way for taking our agricultural sector to a new paradigm. A bulk of our population is engaged k-in agriculture but […]

    Budget Quotes

    BUDGET QUOTE 2014: Vserv mobi

    Dippak Khurana, CEO and Co-founder, Vserv (.)mobi “The new government’s maiden budget proposes to levy service tax for online and mobile advertising which we believe will adversely affect the industry’s growth. It reflects differentiated treatment as traditional print media remains unaffected with respect to the tax purview but new digital media that is actually driving […]

    Budget Quotes

    Post Budget Reactions – The Institution of Engineering and Technology

    By  Shekhar Sanyal, Director & Country Head, the Institution of Engineering and Technology. The new government’s Union budget for the year 2014-15 is a welcome move with a more strategic focus, concentrating on mid-long term implications towards sustainable growth. The commitment to achieve 7-8% economic growth in the next 3-4 years anchoring on the core […]

    Budget Quotes

    Comments of Ms Chanda Kochhar, MD & CEO, ICICI Bank on Union Budget 2014-15

    ​ The budget has sought to lay out a prudent fiscal path for the country; and address existing issues that have halted infrastructure investment. The budget has announced a range of initiatives to boost investment & growth. The policy direction is clear, and as the decisions and plans announced today are executed, I am sure […]

    Budget Quotes

    Real Estate: Developers happy with the 2014 Budget

    Kishor Pate, CMD – Amit Enterprises Housing Ltd.: The reduction of personal income tax ceiling and the raising of home loan interest deduction will definitely increase demand for homes in cities like Pune. True to his promises, the Finance Minister has made singificant allocations towards infrastructure projects in the country. The allocation of Rs. 37,850 […]

    Budget Quotes

    Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

    IMPACT ON ECONOMY The budget can be seen as neutral. Many more measures would be needed to attain 3.7% target for FY16. Phased subsidy cuts will be needed to get below the 2% target as little is unchanged in this budget. FM keeps 4.5% Fiscal deficit target for FY15 which is realistic but gives a […]

    Budget Quotes

    Post Rail Budget feedback from Mr. Rohit Gadia

    Volatility ruled the market throughout the sessions, Nifty future opened on 7611.25 on a flat note and hit an intraday low of 7486.05 during the starting of the budget session, later it recovered from this due to few important announcements related to increase in tax exemption limits. Reality stocks surged after the Finance Minister said […]

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