APN News

  • Tuesday, March, 2020| Today's Market | Current Time: 04:06:16
  • Emerson Network Power: Budget Quote

    Sunil Khanna, President and Managing Director, Emerson Network Power in India “Emerson Network Power believes that this has been a pro-industry budget and the proposal to develop 15000kms of new gas pipelines through PPP will spur growth. Additionally, allocation of funds to create solar power projects across states will help in alleviating the power crisis […]

    Mr. Vinay Jain (CMD, AVJ Group)

    “There are lots of positive things announced in the budget.  Special funds for banks to finance long term infrastructure projects are really positive.  FM increased the taxable income limit to 2.5 lakh from 2 lakh. 80 C limits increased to 1.5 lakh from Rs. 1 lakh. Interest exemption on housing loan increased from Rs1.5 lakh […]

    Subroto Das, Director – India & South Asia, WD

    “As expected, the current government has acknowledged the importance of technology and has demonstrated vigour to promote it for socio-economic growth. Earmarking Rs 500 crore for broadband connectivity in villages, exempting all inputs/components used for manufacturing personal computers from 4 percent special additional duty (SAD),  proposal to develop 100 smart cities, and more such pro-technology […]

    Ms. Vidya Bala, Head – Mutual Funds Research, FundsIndia.com

    Budget 2014-15 may not go down as the most impactful budget for your moola, although its wide reach in terms of macroeconomic and social development would all have an indirect impact for you. For now, let’s take a quick look at some of the direct tax proposals and their impact on your money and investments: […]

    Emaar MGF reacts to Union Budget 2014

    “We  view this Union budget, to be positive for the growth of the economy in general  and  real  estate  sector.  In  the  long  run  it  will  help  in facilitating the growth in the sector. Introduction of REITs is a big positive move for the commercial real estate market,  which  was  overdue for long. It will […]

    BVR Mohan Reddy’s quote on Union Budget 2014

    “Union Finance Minister presented a Good Budget. While there were no anticipated big reforms, the push he gave to infrastructure and housing is very welcoming. The encouragement to startups,entrepreneurship, innovation and incubation  is a great initiative and is a high priority area for it will be the engine for employment generation”.

    Budget Reaction Pertaining To Travel & Tourism, And Ecommerce

    Yogendra Vasupal, CEO & Founder, Stayzilla.com “As the leading player in the online budget & value Stays market, we are very pleased to see the bandwidth allotted to developing tourism in the Union Budget 2014. The focus on tier 2 & 3 towns, in the finance minister’s themed tourism circuits plan is something we are […]

    Arup Roy, Research Director, Gartner India

    Overall I would view this budget to have a positive push to industries across the board and augurs well for IT industry as well. This budget focuses clearly on growth, development and job creation with particular focus on infusing growth in manufacturing and infrastructure sectors. From industry perspective, the policies that would have major positive […]

    DHFL Pramerica Life Insurance

    Anoop Pabby, Managing Director & CEO, DHFL Pramerica Life Insurance Co: “The Union Budget 2014 presented by the Finance Minister today, is a positive for the country, and shows some much needed fiscal practicality. The intent of the Finance Minister to strengthen and modernize regulatory framework in financial sector to meet challenges of a complex […]

    Mr. Vineet Mittal, Founder President Solar Power Developers Association

    The overall sentiment in the industry post the budget is very positive; it is a very business-friendly budget. We would like to congratulate the Finance Minster on putting together the vision of the new government on the critical sectors of the economy. Our complements for the great road map drawn up for the Renewable Energy […]