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Coca-Cola University to Train Kirana Store Operators in India

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Coca-Cola University to Train Kirana Store Operators in India

Coca-Cola University (CCU), which runs skill training programs for traditional trade (kirana store) retailers, announced Thursday that it aims to train 350,000 people in India by December 2017. The training will be in the areas of grocery, convenience store retailing and in food services. The training module will be a mix of classroom training and [...]

Trade Will Improve the U.S. Economy: FedEx Survey

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Trade Will Improve the U.S. Economy: FedEx Survey

FedEx Corp. introduces the new FedEx Trade Index, a series of national surveys commissioned by FedEx and conducted by Morning Consult. The FedEx Trade Index will periodically survey over 1,000 small business leaders to track the impact of international trade among the small business segment of the U.S. economy. The results of the first survey [...]

Summit to Focus on Investment Climate in North India

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Summit to Focus on Investment Climate in North India

India’s Commerce and Industry Minister Smt. Nirmala Sitharaman said today that the Indian government is focussed to spend on infrastructure in a big way to create smooth logistics experience for industries. Addressing the inaugural session of the Invest North Summit she said the interaction between industry and government is essential. [ Also Visit: Tech-Wise Knowledge [...]

Arun Jaitley Opens Tourism Investors Summit in India

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Arun Jaitley Opens Tourism Investors Summit in India

India’s finance minister Arun Jaitley inaugurated Wednesday the “Incredible India Tourism Investors Summit (IITIS)-2016” organized by the Ministry of Tourism. The Prime Minister of India Narendra Modi’s message was read at the event and a special film on “Investments in Tourism Sector in India” was shown. Arun Jaitley also released a compendium on Indian tourism [...]

Startup Scheme for Troubled Kashmir Proposed

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Startup Scheme for Troubled Kashmir Proposed

Startup Scheme for Troubled Kashmir Proposed While the unrest in Kashmir has reached alarming levels, India’s leading industry body CII has suggested the local government to help youth start small businesses as a measure to restore normalcy in the state. A CII members’ delegation led by Rahul Sahai, vice chairman, CII J&K (Jammu & Kashmir) [...]

Loss in Exports Leading to Job Losses in India: Study

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Loss in Exports Leading to Job Losses in India: Study

According to a leading industry association in India, sharp drop in merchandise exports has mainly contributed to a loss of 70,000 jobs during the second quarter of 2015. It has reinforced a crucial point that the employment generation has to be led by the domestic demand in the wake of subdued global demand, an ASSOCHAM [...]

India Plans to Implement GST from April 2017

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India Plans to Implement GST from April 2017

India Plans to Implement GST from April 2017 The Prime Minister of India Narendra Modi held a meeting Wednesday to review the preparedness for rollout for Goods and Services Tax (GST). The meeting was attended by Union Finance Minister, both the Ministers of State for Finance, senior officers from the Prime Ministers office and Finance [...]

Can India Help Mauritius Create Jobs?

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Can India Help Mauritius Create Jobs?

Multiple research reports suggest that the unemployment situation in India has gone so bad in the past two years of Narendra Modi’s government that it is soon expected to trigger a social unrest in the country. [ Read: Unemployment May Cause Social Unrest in India ] However, India is planning to help Mauritius create jobs. [...]

Global Agriculture: Bayer to Acquire Monsanto

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Global Agriculture: Bayer to Acquire Monsanto

Bayer and Monsanto announced Wednesday that they signed a definitive merger agreement under which Bayer will acquire Monsanto for USD 128 per share in an all-cash transaction. Based on Monsanto’s closing share price on May 9, 2016, the day before Bayer’s first written proposal to Monsanto, the offer represents a premium of 44 percent to [...]

EU to Create Investment Fund for Africa

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EU to Create Investment Fund for Africa

European Commission President Jean-Claude Juncker delivered Wednesday his 2016 State of the Union address, setting out key priorities for the year including the creation of an investment fund for Africa and other European Union (EU) neighbors. “With economic growth in developing countries at its lowest level since 2003, this is crucial. The new Plan will [...]

President Concerned About Lowered Profitability of Banks

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President Concerned About Lowered Profitability of Banks

It is your sacred responsibility to protect money of those who have reposed trust in you, the President of India tells Bankers. The President of India, Pranab Mukherjee, has expressed his concerns over the increase in stressed assets and lowered profitability of Banks. He was participating in the Centenary Celebrations of Karur Vysya Bank in [...]

ICICI Bank – Bureaucratic Hassles

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ICICI Bank – Bureaucratic Hassles

ICICI Bank – Bureaucratic Hassles UPDATE: September 15, 2016 I received the following e-mail from the ICICI Bank on Wednesday, September 14, 2016. Dear Mr. Raman, We regret the inconvenience caused. This is with reference to the e-mail addressed to Mr. Ashish Modi with the regards to receipt of FATCA/CRS Declaration letter dated August 16, [...]

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