The Top TEN Priorities for Narendra Modi..

(1). Build confidence in bureaucracy

(2). Welcome innovative ideas & babus to be given freedom to work

(3). Education, Health, Water. Energy and roads will be priority

(4). Transparency in the government. E-auction to be promoted

(5). System will be placed for inter ministerial issues

(6). People oriented system to be in placed in government machinery

(7). Addressing concerns relating to economy

(8). Infrastructure and investment reforms

(9). Implement policy in time bound manner

(10). Stability and sustain ability in government policy

ASSOCHAM Suggests Steps to Give Boost to Affordable Homes..

Aiming to facilitate affordable housing in India, ASSOCHAM  (The Associated Chambers of Commerce and Industry of India) has suggested measures such as grant of infrastructure status to housing sector, digitisation of land records, easing of norms for FDI (Foreign Direct Investment)  in real estate and allowing insurance and pension funds to invest in the sector.

"Given the slowdown in the real estate sector, additional High Net Worth Individual (HNI) investments in the sector at high interest costs and the increase in ready reckoner rates by some state governments, will only push up property prices further".

"Taking adequate and appropriate measures to increase affordable housing alternatives will not only create a GDP (Gross Domestic Production)  multiplier, but also improve the living standards of Indian citizens," Assocham President Mr. Rana Kapoor said.

 The industry chamber said The country currently requires 18.78 million additional houses, of which 95.62% are in the Economically Weaker Section (EWS) / Lower Income Group (LIG) / Middle Income Group (MIG), Assocham said.
 grant of infrastructure status to the housing sector will help attract higher capital. It advocated relaxation in the conditions for foreign direct investment (FDI) in real estate and reduction in minimum capital requirement from $10 million to $5 million and minimum tenure before repatriation from three years to one year.

Assocham also suggested a review of Section 43C in the Income Tax Act on taxation at circle rate and tax exemption on income derived by an undertaking, engaged in development and construction of smaller dwelling units.

Beside, it called for review of RBI norms for project finance and uniformity in the end-user income ceiling norms for affordable housing units for EWS and LIG segments.
In the long term, the government must rationalise direct and indirect taxes in the real estate sector to enable competitive pricing for the end user, along with initiating single window approval mechanism for housing sector, it said.


GREEN Summit Bangalore : June 5, 6, 7- 2014, PROGRAMME AT A GLANCE

Name of the expo:
GREEN Summit 2014

June 5 - 7, 2014

Manpho Convention Centre &
White Orchid Convention Centre, Bangalore

* Programme subject to alteration

GREEN Summit 2014: June 5 - 7, 2014, Bangalore

Name of the Show: GREEN Summit 2014

Date:  June 5 to 7, 2014

Manpho Convention Centre and
White Orchid Convention Centre, Bangalore

DAY 1 CONFERENCE PROGRAMME - Thursday, 5th June, 2014

11:00 am - 01:00 pm Inauguration Ceremony

01:00 pm - 02:00 pm Lunch

02:00 pm - 03:30 pm Session 1: Secretaries Conclave

03:30 pm - 04:00 pm Tea/Coffee Break

04:00 pm - 05:00 pm Session 2: Solar : Current Industry Status

05:00 pm - 06:00 pm Session 3:
Wind Industry : How do we take it to the next Level

07:00 pm onwards CEO Conclave
Karnataka: Next RE Hub to contribute to the Energy

DAY 2 CONFERENCE PROGRAMME - Friday, 6th June, 2014

10:00 am - 11:00 am
Session 4a Building a strong clean energy ecosystem:
Corporate Energy Users & Clean Energy Patrons

10:00 am - 1:00 pm Session 4b Grand Challenge

11:00 am - 11:30 am Tea / Coffee Break

11:30 am - 01:00 pm Session 5
Financing Renewable Energy Projects:
Innovative trends and new prospects

01:00 pm - 02:00 pm Lunch

02:00 pm - 03:30 pm
Session 6a Distributed Generation: Lucrative model for
Residential / Commercial / Industrial Consumers

02:00 pm - 03:30 pm
Session 6b Wind Energy : Challenges and the way forward

03:30 pm - 04:00 pm Tea/Coffee Break
04:00 pm - 05:30 pm

Session 7 Green Power: Engaging businesses and consumers to i
nfluence policy

06:00 pm onwards Awards Function

DAY 3 CONFERENCE PROGRAMME - Saturday, 7th June, 2014

10:00 am - 11:00 am|
Session 8a
Bio-Fuel and Waste-to-Energy:
Roadblocks and opportunities

10:00 am - 11:00 am
Session 8b Workshop on Solar (by SEMI)

11:00 am - 11:30 am
|Tea/Coffee Break

11:30 am - 01:00 pm Session
9a Green Building and Energy Management:
Simple Measures and Substantial Benefits

11:30 am - 01:00 pm
Session 9b
Workshop on Solar (by SEMI)

04:00 pm onwards
Valedictory Function

MM Activ Sci-Tech Communications
Vinay Kumar N. General Manager,
9, 3rd Floor, UNI Building, Millers Tank Bund, Thimmaiah Road,
Vasanth Nagar, Bangalore - 560 052
Cell: +91.9535.999.435
Email :,

Federation of Karnataka Chambers of Commerce & Industry (FKCCI)
Umesh S Madivala - Asst. Secretary
"Federation House", K G Road, Bangalore - 560009
Tel : +91.80-4082 8300/2226 2355/2356
Fax: +91.80.22251826 Cell: +91.9986043825
Email :,

Cell: +91.90363 33975

Cell: +91.95264 43331

MUMBAI Denzil D' Souza
Cell: +91.98214 47064

NEW DELHI Juhi Sharma
Cell: +91.92125 77888 / +91.92122 82888

HYDERABAD Narasimha Murthy
Cell: +91.92465 77114

PUNE Avinash Gulgule
Cell: +91.98232 76632

NAGPUR Manisha Boratkar
Cell: +91.8007702022

USA Ani Agnihotri
Program Chairman
USA India Business Summit (UIBS)
415 Lakehill court, Johns Creek,
Georgia – 30022, USA Phone : 404-3946678
 For more details

Dun & Bradstreet – Manapurram Finance Corporate Awards 2014

Dun & Bradstreet (D&B), the world’s leading provider of global business information, knowledge and insight, today announced and presented the ‘ Dun & Bradstreet – Manapurram Finance Limited Corporate Awards 2014 ’ in Mumbai.

The occasion also marked the launch of the fourteenth edition of Dun & Bradstreet India’s premium publication,‘India’s Top 500 Companies 2014’ by Chief Guest, Dr. Arun Shourie, while Mr. V. P. Nandakumar, Managing Director & Chief Executive Officer, Manappuram Finance Limited, Dr. Alok Bharadwaj, Executive Vice President, Canon IndiaDr. M. R. Rao, Provost, Woxsen School of Business and Mr. Binod Singh,President, CEO & Member of the Board, Ilantus Technologies Private Limited delivered the address at the event.

Dun & Bradstreet felicitates 50 of India’s leading corporate names and top performers across sectors

Winners of the D&B – Manappuram Finance Limited Corporate Awards 2014
Top 500 2014 Award Winner
Agro Chemicals
UPL Limited
Auto Components
Motherson Sumi Systems Limited
Automobile - Two Wheelers
Bajaj Auto Limited
Mahindra & Mahindra Limited
HDFC Bank Limited
Exide Industries Limited
SKF India Limited
UltraTech Cement Limited
Pidilite Industries Limited
ITC Limited
Computing and Telecom products
Redington (India) Limited
Construction - Infrastructure Development
Reliance Infrastructure Limited
Consumer Durables / Domestic Appliances
TTK Prestige Limited
Electrical and Electronic Equipments
Havells India Limited
Engineering / Capital Goods
Larsen & Toubro Ltd.
Tata Chemicals Limited
FIs / NBFCs / Financial Services
Housing Development Finance Corporation Limited
Hindustan Unilever Limited
Food and Agro Processing
Kwality Limited
Bata India Limited
Gas - Processing, Transmission and Marketing
GAIL (India) Limited
Gems and Jewellery
Titan Company Limited
Glass and Ceramics
Kajaria Ceramics Limited
Graphite and Electrodes
Graphite India Limited
The Indian Hotels Company Limited
Iron and Steel
Tata Steel Limited
United Spirits Limited
NMDC Limited
Non-Ferrous Metals
Hindustan Zinc Limited
Oil - Refining and Marketing
Reliance Industries Limited
Oil & Gas Exploration
Oil & Natural Gas Corporation Limited
Asian Paints Limited
Tamil Nadu Newsprint and Papers Limited
Petrochemicals and Polymers
Supreme Petrochem Limited
Lupin Limited
Plastic and Plastic Products
Supreme Industries Limited
Greenply Industries Limited
NTPC Limited
Power Equipments
Crompton Greaves Limited
Real Estate
Prestige Estates Projects Limited
Future Retail Limited
The Great Eastern Shipping Company Limited
Software and ITeS
Tata Consultancy Services Limited
Specialty Oils and Lubricants
Castrol India Limited
Balrampur Chini Mills Limited
Telecom Services
Bharti Airtel Limited
Grasim Industries Limited
Adani Enterprises Limited
Transport and Logistics
Container Corporation Of India Limited
MRF Limited

Some Key highlights:

  • Market capitalization of Top 500 companies increased by 4% in FY13, with 257 companies seeing a drop in average market cap of ` 3.8 trillion in FY13 whereas 237 companies registered an increase of ` 5.4 trillion.

  • With sluggish demand, top-line growth for the Top 500 decelerated from 24.6% in previous edition during FY12 to 10.6% in FY13 while bottom-line growth decelerated from 7.30% to 5.2% for the same period. Total income to GDP ratio at current market prices stood at 50% in FY13.

  • On an aggregate basis, overall expenses (excluding taxes) of Top 500 companies registered y-o-y growth of 11.4% in FY13. Increase in import bills of inputs such as coal and elevated crude oil prices led to y-o-y increase in raw material expenses of 9% in FY13 whereas finance costs have increased by a significant 20.3% y-o-y in FY13.

  • High inflation and interest costs and weakening rupee impacting commodity prices dented profit margins. Despite decline in NPM, Top 500 companies increased dividend payout to shareholders from 27% in FY12 to 30% in FY13, since confidence in investments declined amid challenging economic environment.

  • Private companies scored in profit growth, but PSUs paid more dividends. Profits of private companies in FY13 increased by 7.4% y-o-y whereas for PSUs it increased by 2.1% y-o-y. PSUs recorded 18.8% growth in dividends outpacing their private counterparts who registered 16.4%.

  • Top-line growth of Top 500 companies moderated to 8.2% compared with 9M FY13, reflecting weak business confidence during 9M FY14. Further, bottom-line growth decelerated at 1.4% during 9M FY14 compared with 12.9% during 9M FY13.

  • Aggregate expenditure of Top 500 companies during 9M FY14 decelerated to 8.1% from 12.1% during 9M FY13. Raw material expenses saw decelerated growth of 3.3% in FY14 compared with 10.7% in FY13 and interest costs saw 12.7% growth in FY14 against 22.5% growth in FY13.

The occasion also marked the launch of the fourteenth edition of Dun & Bradstreet India’s premium publication, ‘India’s Top 500 Companies 2014’ by Chief Guest, Dr. Arun Shourie, while Mr. V. P. Nandakumar, Managing Director & Chief Executive Officer, Manappuram Finance Limited, Dr. Alok Bharadwaj, Executive Vice President, Canon India, Dr. M. R. Rao, Provost, Woxsen School of Business and Mr. Binod Singh, President, CEO & Member of the Board, Ilantus Technologies Private Limited delivered the address at the event.

Speaking at the awards ceremony, Mr. Kaushal Sampat, President & CEO – India, Dun & Bradstreet said “Despite subdued consumption demand and inflationary pressures that persisted during FY14, the Top 500 Companies managed to show modest 8% growth in their top line earnings during first nine months of FY14 as compared to the same period previous year. On the profitability front, margins declined marginally from 7.5% during 9M FY13 to 7% during 9M FY14. On the back of policy initiatives expected from the new government, we expect revival in the domestic economy in FY15, albeit at a slower pace, as measures to boost business confidence will take time to fructify. For FY15, D&B expects the GDP to grow by 5.5%.”

Giving further insights into the Top 500 series, he added, “There are 375 companies that are common between the 2009 and 2014 editions, i.e., these are the consistent performers who have continued to remain in the list of Top 500 Companies for all five years. In fact, 37 of these 375 companies have grown from small to mid-cap or mid-cap to large categories, truly a commendable achievement in these challenging times.” he added
Speaking on the occasion, Mr. V.P. Nandakumar, MD & CEO of Manappuram Finance Limited, said, “Manappuram is honoured to partner with Dun & Bradstreet for this prestigious event. I take this opportunity to congratulate all the winners of the D&B Manappuram Finance Ltd. Corporate Awards for 2014 and also those companies who have made it to ‘India’s Top 500 Companies 2014’”.

About the ‘Dun & Bradstreet Corporate Awards 2014’
The ‘Dun & Bradstreet Corporate Awards 2014’ seeks to recognize and felicitate corporate India’s leading companies from various sectors. The Awards event is closely tied to the publication, India’s Top 500 Companies 2014. Therefore, the base universe of the companies considered for the Dun & Bradstreet Corporate Awards 2014 comprised of the Top 500 companies of India as covered under the publication.

The awards methodology was applied to this list of Top 500 companies, duly classified in their respective sectors. D&B India developed a proprietary financial model for identifying the top companies in each sector. The model is based on the premise of recognising the twin virtues of size and growth of the companies while awarding them. The analyst team identified pertinent financial parameters to fulfil this premise and assigned weights to them. 
Winners were chosen on the basis of a composite score of these weighted parameters. The parameters considered for ranking the companies include - total income, net profit, net worth, net profit margin, return on net worth, average market capitalisation for FY13, growth in total income and growth in net profit.

About ‘India’s Top 500 Companies 2014’
Over the past decade, Dun & Bradstreet India (D&B India) has endeavoured to provide top Indian companies a global platform through its acclaimed publication, ‘India’s Top 500 Companies’. The publication profiles India’s most well - respected and high performing companies on the basis of various financial parameters. The 2014 edition is the 14th edition of the publication.

The criteria for ranking used in the D&B’s publication ‘India’s Top 500 Companies 2014’ are total income, net profit and net worth. It includes both private sector companies as well as public sector enterprises (PSEs) that are listed on stock exchanges. The companies were short listed on the basis of their market capitalisation on the Bombay Stock Exchange and the National Stock Exchange, India’s two main stock exchanges. 

The companies in the publication have been classified on a sectoral basis. The sectoral classification is based on segmental revenue – a company should generate at least 35% of its revenues from a particular sector in order to be classified under that sector. Within each sector, the companies have been further ranked based on total income. The ‘Others’ category includes companies which are the only ones present in a particular sector; whereas companies operating in more than one segment which individually does not contribute to more than 35% are classified under the ‘Diversified’ category.

About Dun & Bradstreet (D&B):
Dun & Bradstreet (NYSE:DNB), the world's leading source of global business information, knowledge and insight, has been enabling companies to Decide with Confidence® for over 172 years.  D&B's global commercial database contains more than 230 million business records. The database is enhanced by D&B's proprietary DUNSRight® Quality Process, which transforms the enormous amount of data collected daily into decision-ready insight. Through the D&B Worldwide Network -an unrivaled alliance of D&B and leading business information providers around the world customers gain access to the world's largest and highest quality global commercial business information database.

Customers use D&B Risk Management Solutions to mitigate risk, increase cash flow and drive increased profitability, D&B Sales & Marketing Solutions to analyse markets, locate prospects and increase revenue from new and existing customers; D&B Learning Solutions to facilitate professional growth and excellence among their executives and D&B Economic Analysis Group to derive pragmatic and solution-oriented analyses of strategic economic and business developments, thereby aiding informed decision making.

D&B featured on FORTUNE Magazine's Most Admired Companies Industry List for four consecutive years (2006 -2009), ranking first in the Financial Data Services category. D&B ranked first in the areas of employee talent, financial soundness, long-term investment, quality of management and use of corporate assets.  In 2014, D&B featured on the World’s Most Ethical Companies list in the Business Services category by Ethisphere, for the sixth consecutive year. The World’s Most Ethical Companies designation recognizes companies that truly go beyond making statements about doing business “ethically” and translate those words into action.
For further information please contact:

Blue Lotus PR:   
Kishor Barua - +91 9594160314                                                        
Sukriti Kumar - +91 9833252547



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