APN News

  • Monday, February, 2020| Today's Market | Current Time: 09:45:39
  • Mr. Pramod Saxena, founder and CMD, Oxigen services India- India’s largest mobile banking/ online payments platform

    “The budget sets out a clear direction for growth with minimum scope for speculation and changes. The financial inclusion agenda gets a boost with the proposal for setting up of differenciated banks /payment banks. Acceptance of aadhaar and low cost cash out infrastructure, will make the payment bank a reality and we will look to […]

    SBI Chairman, Smt. Arundhati Bhattacharya’s reaction on Union Budget 2014-2015

    “The Budget emphasizes on a bottom-ups approach to reignite growth.  Allowing banks to issue long term bonds without recourse to statutory pre-emption (CRR/SLR) for financing infrastructure is a positive step. Allowing infrastructure loans to be given for longer periods matching the life of the asset (25X4 structure) is a big positive. It will prevent undue […]

    Comment from Amol Naikawadi, MD, Indus Health Plus

    Mr. Amol Naikawadi Joint Managing Director, Indus Health Plus says, “Overall, the health market players may not be too happy since there aren’t any major reforms announced for the entire health industry. We have again failed to make government realize that it is importance to address the increasing health issues. Various non-communicable and communicable diseases […]

    Siyarams MD and Chairman, Mr. Ramesh Poddar comments on Budget 2014

    Prima facie this seems to be a good Budget under the current circumstances. It offers clear road-map on the path to be taken towards growth trajectory by giving thrust on infrastructural developments in the areas of Power, Roads, Industrial corridor, revamping of SEZs etc. It is also heartening to note that provision of investment allowance […]

    Mr Ravi Kumar, Founder, FreeKaaMaal.com: on allocation of 10000 crore to Startups

    This is by far the best budget for start-up ecosystem in India. Raising capital is the biggest challenge that every entrepreneur face but with this step of Modi Government, India will see more and more people starting their entrepreneur journey in coming years. Although the whole idea Rs.10,000 VC Fund sounds good but main question […]

    Budget Responses: Mr. Manu Agarwal, Founder&CEO Naaptol.com

    Budget announces opening of ecommerce space for FDI. We were always in favour of FDI in E-com space. This will help the companies to gain an ‘Industry’ status. This will bring in more players and will eventually create a wider ecosystem and a healthy competition Foreign companies manufacturing products in India can sell their merchandise […]

    Mr. Shantanu Prakash, CMD, Educomp Solutions Ltd.

    “Educomp welcomes the Union Budget specifically in terms of allocations made towards skill development and online education. The Skill India programme is an encouraging signal indicating priority for a much needed thrust in this area. We also congratulate the Finance Minister for making a strong pitch for online education to bypass the limitations of access […]

    Post Budget Reaction by BlackBerry

    “The budget is prudent and cautious even while it aims to address key sectoral concerns and brings in vital initiatives to spur growth especially in critical sectors like manufacturing, healthcare, education, skill development and infrastructure as well as assuring a stable tax and regulatory regime that is expected to incentivize investments. The budget also has […]

    Budget 2014 – Positive For Real Estate

    Anuj Puri, Chairman & Country Head, JLL India The Union Budget 2014-15 was presented in the parliament under economic circumstances that required tax revenues to keep pace with targets. Considering the state of government finances and the current situation – below-normal monsoons, Middle East tension leading oil price volatility, the weakness of the India rupee […]

    Quote on Budget 2014-15 by Amar Ambani, Head of Research, IIFL

    “The Budget has evoked a mixed response from market men. While many rejoiced at the lack of devils like hike in corporate taxes and reaffirmed commitment to the fiscal deficit target set during the interim Budget, others possibly expected a lot more positive news due to the strong mandate this government received. This was evident […]