APN News

  • Thursday, March, 2024| Today's Market | Current Time: 06:50:31
  • Post-budget reaction: Venture Capital sector- Mr. Kamal Bansal, Managing Director, GVFL

    “The Finance Minister has rightly described innovation as the foundation of development and showcased its commitment to fulfilling the aspirations of the youth. The announcement to establish a corpus of Rs. 1 lakh crore to provide financing with long tenors and low or nil interest rates will encourage the private sector to scale up research […]

    Budget Reaction from Mihup, a leading conversational AI platform, specialising in speech recognition

    By Tapan Barman, Co-Founder and CEO, Mihup “As a technology entrepreneur, I find the interim budget presented by the Finance Minister of India today to be a source of both excitement and anticipation. The budget’s focus on digital infrastructure and innovation is a positive development, signaling the government’s acknowledgment of technology as a crucial catalyst […]

    Post Budget quote from Mr Naman Dhamija Founder and Marketing Director , Dharishah Ayurveda

    Mr Naman Dhamija Founder and Marketing Director , Dharishah Ayurveda- “The 2024 Interim Budget has taken our nation towards encouraging entrepreneurship. Even though a detailed 2024 Union Budget is yet to come still the government’s commitment to supporting the dreams and aspirations of our youth through initiatives like the PM Mudra Yojana, which has sanctioned […]

    Budget Quote from Madhavan Menon, Executive Chairman, Thomas Cook India Ltd

    The interim Budget presented by the Finance Minister has focussed on Tourism with a multipronged approach that we believe will create a multiplier effect across aviation, tourism and allied sectors, boosting growth and employment generation.  We welcome the announcements on airport development and expansion: having already doubled to 149 airports in the last decade, the […]

    Interim Budget quote from Avinya Industrial & Logistics Parks, Founder & MD, Abhijit Verma

    The Interim Budget 2024 reinforces the government’s commitment towards boosting the logistics infrastructure in India. Infrastructure development, a primary focus of India, will play a pivotal role in achieving India’s aspiration of reaching a $7 trillion economy by 2030. The announcement of the three important economic railway corridors for energy, mineral, and cement, coupled with […]

    Budget Reaction Quote from Mr. Sudarshan Venu, MD, TVS Motor Company

    “The emphasis on homes for the middle class and expansion of women self-help groups shows the government is committed to development across the board, even as it encourages investment in sunrise sectors and technology. For the automobile sector in particular, the continued infrastructure spending with the push to develop the EV ecosystem is exactly what […]

    Post Budget quote from Vikram Agarwal, Managing Director, Greendot Health Foods Pvt. Ltd

    “The Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman has brought positive news for the FMCG and retail sectors in India. The threshold for presumptive taxation in retail businesses has been increased, corporate tax rate dropped and new manufacturing companies enjoy a reduced rate. These measures create a favorable environment for the retail sector, […]

    Post-budget quote on behalf of Mr. Sanjeev Chabbra, Managing Director & CEO at Beetel Teletech Ltd

    “The budgetary focus on the three identified economic railway corridor programs through PM Gati Shakti is a significant stride toward enhancing multi-modal connectivity, laying a strong foundation for positioning India as a global electronics manufacturing hub. The allocation of a one lakh crore corpus, combined with the reduction in corporate tax rates from 30 percent […]

    Budget reaction from Krishna Kumar,Founder and CEO, Simplilear

    “We welcome the interim FY24 budget presented by the Hon’ble Finance Minister, a budget that emphasizes the prosperity of our nation by equipping and empowering the youth. The focus on training and upskilling aspiring professionals, coupled with the establishment of new Industrial Training Institutes (ITIs), aligns seamlessly with the ed-tech sector’s core emphasis on skill […]

    Interim Budget Quote from Sudhindra Holla, Director, Axis Communications, India & SAARC

    “The Union Budget of India 2024 has a visionary approach to sustainable development. Introducing the Blue Economy 2.0 scheme, focusing on environmental restoration through multimodal strategies, is a commendable step towards a greener future. The budget’s emphasis on improving rail and air connectivity is crucial for fostering economic growth. Implementing major railway corridor programs and […]