Assocham

Online matrimony will achieve market size of Rs 15bn by 2017: Assocham

Online matrimony will achieve market size of Rs 15bn by 2017: Assocham

Enjoying a significant growth, India's online matrimony will achieve a market size of Rs 15 billion in the next four years, according to the Associated Chamber of Commerce & Industry of India (Assocham).

A recent study undertaken by Assocham revealed that online matrimony will likely grow at a compound annual rate of more than 65 per cent in the next two years, and reach a market value of Rs 15 billion by the year of 2017. Currently, India's online matrimony has a market value of around Rs 5.2 billion.

CBI’s action against industrialists will bring distrust: Assocham

CBI’s action against industrialists will bring distrust: Assocham

Federal investigative agency CBI's action against industrialist Kumar Mangalam Birla and retired bureaucrat PC Parakh would create an environment of distrust and impair decision making too, Industry body Assocham said.

Earlier this month, the CBI registered an FIR against Mr. Birla, his firm Hindalco, and former Coal Secretary PC Parakh, slapping them with charges of corruption and criminal conspiracy in the alleged coal scam.

Companies created 1.36 lakh new jobs in Q2: Assocham survey

Companies created 1.36 lakh new jobs in Q2: Assocham survey

Companies continued generating new jobs and expanding their workforces in the second quarter of current financial year despite persistent economic slowdown, a fresh survey report by apex industry body Associated Chambers of Commerce & Industry of India (Assocham) revealed.

In its recently-released report, Assocham said that companies generated new jobs at a healthy rate of 9 per cent in the second quarter of this financial year.

NCR tops in job generation in 2012: report

NCR tops in job generation in 2012: report

The National Capital Region (NCR) topped the country in job generation in 2012, followed by Mumbai and Bangalore, a report by Associated Chambers of Commerce and Industry of India (Assocham) revealed.

According to the "Job Trends Across India in 2012" report, the NCR generated more than 1.1 lakh jobs so far this year, while Mumbai and Bangalore generated more than 77,000 and 75,000 jobs, respectively.

Chennai grabbed the fourth spot in the list of the country's top job-generating cities, by generating more than 44,000 jobs.

India Inc to float IPOs worth more than Rs 16,000 crore: Assocham

AssochamA recently conducted study by Assocham reveals that India Inc has been working out IPOs worth more than Rs 16,000 crore this year, amid surge in stock market and signs of recovery shown by global markets. Information technology, infrastructure, hospitality and textile firms are gearing up to generate funds, according to the Assocham Financial Pulse (AFP) analysis.