Budget 2016-17 has a few very good positive points: Vadilal Industries

Mar 01, 2016, at 04:29 am

New Delhi, Feb 29 (IBNS): Devanshu Gandhi, MD, Vadilal Industries Ltd, on Monday said Arun Jaitley's Budget 2016-17 has a few very good positive points.

Budget promotes affordable housing: NAREDCO

Mar 01, 2016, at 04:18 am

New Delhi, Feb 29 (IBNS): National Real Estate Development Council (NAREDCO) welcomed the Budget as growth-oriented which will provide impetus to agriculture, infrastructure and rural sector development.

Power2SME says Budget 2016-17 laid emphasis on job creation

Mar 01, 2016, at 04:01 am

New Delhi, Feb 29 (IBNS): R Narayan, Founder and CEO, Power2SME, on Monday said Budget 2016-17 laid special emphasis on job creation and outlined measures to facilitate ease of doing business.

Budget 2016-17 has set direction for inclusive growth: Symphony

Mar 01, 2016, at 03:32 am

New Delhi, Feb 29 (IBNS): Achal Bakeri, CMD, Symphony Ltd on Monday said Union Finance Minister Arun Jaitley's budget 2016-17 has set the direction for a balanced and inclusive growth.

Shriram Transport Finance lauds Jaitley's Union Budget

Mar 01, 2016, at 03:24 am

New Delhi, Feb 29 (IBNS): Umesh Revankar, MD, Shriram Transport Finance Company Ltd, on Monday said appreciated the Union Budget that was presented by Union Finance Minister Arun Jaitley.

Becton, Dickinson & Co says Union Budget exudes optimism

Mar 01, 2016, at 03:21 am

New Delhi, Feb 29 (IBNS): Varun Khanna, Managing Director- BD (Becton, Dickinson & Co) India, a medical technology company, on Monday said Arun Jaitley's Union Budget exudes optimism and provides some encouraging measures to help India towards rural development, infrastructure, tax reforms, and structural transformation.

ITC Chairman lauds Jaitley's union budget

Mar 01, 2016, at 03:12 am

New Delhi, Feb 29 (IBNS): Y C Deveshwar, Chairman ITC, on Monday complimented Union Finance Minister Arun Jaitley for presenting a Budget that addresses several issues of structural transformation amidst a very challenging global scenario.

Budget 2016-17 is for traditional Bharat to transform into modern India: Muthoot Finance

Mar 01, 2016, at 03:09 am

New Delhi, Feb 29 (IBNS): George Alexander Muthoot, MD-Muthoot Finance Limited, said the union budget 2016-17 is for traditional "Bharat" to transform into modern India.

Petrol price slashed by Rs. 3.02 per litre, diesel price to increase by Rs. 1.47

Mar 01, 2016, at 03:02 am

New Delhi, Feb 29 (IBNS) Petrol price has been slashed by Rs. 3.02 per litre but diesel will cost Rs. 1.47 a litre more, officials announced on Monday.

Budget 2016-17 seems promising for India's youth: NSDC

Mar 01, 2016, at 03:01 am

New Delhi, Feb 29 (IBNS): S Ramadorai, Chairman, National Skill Development Agency (NSDA) and National Skill Development Corporation (NSDC) on Monday said Arun Jaitley's Budget 2016-17 seems promising for India's youth.

Mahindra Lifespaces hails Union Budget for focussing on Affordable Housing segment

Mar 01, 2016, at 03:00 am

New Delhi, Feb 29 (IBNS): Sriram Mahadevan, Business Head-Happinest, Mahindra Lifespaces said it is heartening to note how the government has taken cognizance of the importance of the Affordable Housing segment towards making ‘Housing For All by 2022’ a possibility in the Union Budget 2016-17.

Sanghi Industries appreciates Union Budget 2016-17

Mar 01, 2016, at 02:47 am

New Delhi, Feb 29 (IBNS): Alok Sanghi, Director, Sanghi Industries Ltd, on Monday appreciated the Union Budget 2016-17.

Pawan Goenka of M&M Ltd welcomes union budget

Mar 01, 2016, at 02:46 am

New Delhi, Feb 29 (IBNS): Pawan Goenka, Executive Director, M&M Ltd, welcomes the Arun Jaitley's union budget for it's strong emphasis on agriculture, rural economy, infrastructure and social sector.

AskmeBazaar.com calls Union Budget a business friendly one

Mar 01, 2016, at 02:45 am

New Delhi, Feb 29 (IBNS): AskmeBazaar.com, an online shopping portal which connects sellers from across the country to prospective consumers, calls Union Budget 2016-17 "a business friendly one."

BCC&I gives Jaitley 6/10 for Union Budget 2016-17

Mar 01, 2016, at 02:25 am

Kolkata, New Delhi, Feb 29 (IBNS): The Bengal Chamber gave Union Finance Minister Arun Jaitley a 6/10 for presenting a pro agriculture and socially tempered budget, with robust outlays for infrastructure, agriculture, rural and socio-economic schemes.

Renault calls union budget a constructive one

Mar 01, 2016, at 02:21 am

New Delhi, Feb 29 (IBNS): Sumit Sawhney, Country CEO & Managing Director, Renault India Operations on Monday said the Union government has succeeded in ensuring that the Indian economy has held its own despite the prevailing uncertain environment and global headwinds.

Murugappa Group praises Union Budget's impetus to agriculture sector

Mar 01, 2016, at 01:29 am

New Delhi, Feb 29 (IBNS): A Vellayan, Executive Chairman, Murugappa Group on Monday praised Union Finance Minister Arun Jaitley's attempt to present a Union Budget that will give impetus to the agriculture sector, while maintaining fiscal discipline.

CREDAI Bengal welcomes Union Budget

Mar 01, 2016, at 01:17 am

Kolkata/New Delhi, Feb 29 (IBNS): Sushil Mohta, President of CREDAI Bengal, on Monday welcomed the Union Budget presented by Union Finance Minister Arun Jaitley.

Nissan welcomes Union Budget's focus on maintaining fiscal deficit

Mar 01, 2016, at 01:06 am

New Delhi, Feb 29 (IBNS): Guillaume Sicard, President, Nissan India Operations on Monday welcomed Arun Jaitley's Union Budget for it's focus on maintaining fiscal deficit, agriculture, infrastructure development and recapitalizing of PSU banks.

Blueair hails Union Budget's initiatives to control air pollution

Mar 01, 2016, at 12:45 am

New Delhi, Feb 29 (IBNS): Bengt Rittri, Founder and CEO of Blueair, on Monday hailed the Union Budget for the initiatives taken by Union Finance Minister Arun Jaitley to control the air pollution levels in the country

Siemens welcomes Union Budget's focus on skill development

Mar 01, 2016, at 12:39 am

New Delhi, Feb 29 (IBNS): Sunil Mathur, MD & CEO, Siemens Ltd welcomed the Union Budget's focus on rural, social and skill development, which was presented by Union Finance Minister Arun Jaitley on Monday.

The 2016 Budget is commendable: VentureNursery

Feb 29, 2016, at 11:16 pm

New Delhi, Feb 29 (IBNS): Ravi Kiran, angel investor and Co-Founder, VentureNursery, on Monday called the Union Budget presented by Finance Minister Arun Jaitley as 'commendable'.

Budget 2016 fails to boost Indian market sentiment

Feb 29, 2016, at 11:04 pm

Mumbai, Feb 29 (IBNS) The Union Budget 2016, presented on Monday, by finance minister Arun Jaitley has been hailed by many, including prime minister Narendra Modi, as a pro-village, pro-poor, and pro-farmer, but it could not boost the market sentiments leading to a sharp decline in the benchmark indices.

Tata Steel welcomes Union Budget

Feb 29, 2016, at 10:54 pm

New Delhi, Feb 29 (IBNS) TV Narendran, MD, Tata Steel India & SEA welcomed the Union Budget presented by Union Finance Minister Arun Jaitley on Monday said the budgetary proposals announced by the Minister will help the steel industry meet its growth target and reach its full potential.

Jain group welcomes Union Budget

Feb 29, 2016, at 10:32 pm

New Delhi, Feb 29 (IBNS) Welcoming the Union Budget, Rishi Jain – Executive Director, Jain Group on Monday said the government is focusing on basics and the lower and middle income group with obvious intention of boosting real estate purchase for these category of consumers.

Arun Jaitley presents pro-poor, pro-rural Budget for 2016-17

Feb 29, 2016, at 10:23 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presented the Union Budget 2016 focusing on rural development and farm and social sector along with infrastructure with analysts terming it a pro-poor, pro-agriculture move that throws a challenge to the government to implement in reality.

Union Budget 2016: Measures proposed for affordable housing

Feb 29, 2016, at 10:19 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, proposed 100% deduction for profits to an undertaking from a housing project for flats up to 30 sq. metres in four metro cities and 60 sq. metres in other cities, approved during June 2016 to March 2019, and is completed within three years of the approval.

This budget deals with the reality of India: Jaitley

Feb 29, 2016, at 10:08 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday said the Union Budget, which he presented in the Parliament, deals with the reality of India.

Union Budget 2016: Proposed reforms in FDI policy

Feb 29, 2016, at 10:05 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, said reforms in foreign direct investment (FDI) policy in areas of insurance and pensions, asset reconstruction companies and stock exchanges have been proposed.

Union Budget: Companies Act 2013 to be amended to facilitate ease of doing business

Feb 29, 2016, at 09:27 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, said a Bill shall be introduced in the 2016 Budget session of the Parliament to amend the Companies Act 2013.