APN News

  • Monday, December, 2023| Today's Market | Current Time: 12:09:26
  • Smart Investments In Information Technology A Must to Achieve Smart Cities Vision

    We welcome the proposed allocation of INR 7,060 crores by the government for the development of 100 smart cities. The government’s ambition for modernising mid-sized cities will undoubtedly require precision planning and effective disbursement of budgetary funds, and we believe that technology will play a crucial role in enabling this development. As a visionary in […]

    Mr. David Walker- Executive Director of SARE Homes reaction to Union Budget 2014

    The new Government has provided a balanced, insightful budget which clearly lays out a road map for development. The commitment to a stable and investor friendly tax regime, resolving disputes and blocked projects and various measures to simplify rules and regulations will give great confidence to investors and providers of capital, which is essential for […]

    Budget glass is ‘half full’ – Lalit Kumar Jain, CREDAI Chairman

    Mumbai : Describing Union Finance Minister’s Arun Jaitley’s maiden budget as “half glass full” and half filled with hopes, realtors’ apex body CREDAI Chairman Lalit Kumar Jain said it met with some expectations and left some out. Mr. Jain welcomed the announcements on REIT and FDI and said the subsidized rate of interest for low […]

    Budget reaction quote on 10,000 crore funding in Startup business by Intellecap

    “The INR 10,000 crore corpus for startups can add significant fuel the startup ecosystem if implemented intelligently. It could also present a good evolution beyond the INR 5000 crore fund that was announced by the National Innovation Council in 2012-13. While some may argue that INR 10,000 crore is not a sizable corpus compared to […]

    Quote of Mr. Sanjeeva Shivesh, CEO and Founder, The Entrepreneurship School, TES

    “This Budget is comprehensive and has touched most of the sectors and segments of the economy. The Entrepreneurship School is delighted with the FM’s announcement to allocate Rs 10000 for startup fund.  Providing risk capital to startups was long overdue and this initiative has the potential to kick start entrepreneurial revolution in India. However, the […]

    Mr. Prashant Solomon, Managing Director, Chintels India and Member- Governing Council, CREDAI-NCR

    “I congratulate the Finance Minister on a positive union budget. With various announcements for the realty sector regarding development of smart cities and industrial towns, the budget will boost the growth of the sector. REITs will ensure easy flow of FDI and raising funds for developers. Special announcement for SEZ and tax rebate on housing […]

    Mr. Mohit Goel, CEO, Omaxe Ltd., India’s leading Real Estate Developer

    “I welcome the overall Budget and the government’s endeavor to create an outline for reviving all sectors. A growing economy will in turn boost the real estate sector also. The Union Budget’s positive initiatives to revive the sector like relaxation in FDI, REITs and allocation of Rs 7060 crore for 100 smart cities development are […]

    Mr. Rajiv Mohan, Managing Director, Cherry Hill Interiors Ltd

    “ On a Marco an micro level, the Budget appears positive and prudent. Specifically, welcome Finance Minister’s statements that GST has been debated enough, now need implementation. Finance Minister went into the detailing and duly understood Industry needs around reforms in tax structure, keeping fiscal deficit under control, improving measures around manufacturing and taking steps […]

    Mr. Santosh Verma, Director, My Eco Energy.

    ‘We are happy that the new government has emphasised on providing solutions for  the growing concern of  energy independence of our nation. We are extremely pleased with the initiative towards incorporating green energies as a policy shift after the suggested 5% blending in the railways and a Rs. 500 crore sanction towards solar energy that […]

    Union Budget 2014-15 – Industry Reaction from AMW Motors Ltd.

    Mr. Anirudh Bhuwalka, MD and CEO, AMW Motors Ltd. “This is a very pragmatic budget with the Finance Minister addressing several issues to invigorate growth related to housing, infrastructure, manufacturing and the finance sector. The increase in FDI limits on insurance and defence, while expected, is a welcome step. The FM’s commitment to 4.5% fiscal […]