APN News

  • Tuesday, March, 2020| Today's Market | Current Time: 04:06:21
  • 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 […]

    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 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 […]

    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 […]

    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 […]

    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 […]

    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 […]

    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 […]

    Post Budget comments from Knight Frank India

    It’s a path breaking budget with significant focus on real estate and infrastructure. The various incentives that have been provided  will enhance the growth prospects of the real estate sector, even further. To begin with, REITs being awarded a pass through status will attract significant investments into the sector which is the need of the […]

    Budget Quote: Sajid Khan, Country Manager- India, South African Airways

    “Over the last year, the Indian government has made some significant moves to abet the growth of the travel industry. The FM’s proposal to introduce e-visas in a phased manner at nine airports complements the government’s expansion of the visa on arrival scheme announced earlier this year. Both moves will help create a more robust […]