Mukesh Ambani, Gautam Adani to be Part of PM Modi's Delegation to Japan: Report
New Delhi: Mukesh Ambani, Gautam Adani and 15 other leading industrialists will be part of the delegation with Prime Minister Narendra Modi on his first major bilateral visit, outside the sub-continent, to Japan this week.
The industrialists will take part in a bilateral meeting under the aegis of the India-Japan Business Leaders' Forum (IJBLF) on September 1 which would be co-chaired by chairman of Bharat Forge Baba Kalyani, sources said.
The meeting, coinciding with Mr Modi's visit, assumes high importance as the two countries are trying to forge a strong multifaceted strategic partnership with economic relations as a crucial component. Bilateral trades between the two reached $18.61 billion in 2012-13.
Sources said Mr Modi is keen on meeting his counterpart Shinzo Abe whose leadership he deeply respects and sees the visit as an opportunity to take ties with Japan to a new level and increase cooperation in various fields.
To leverage the ever-growing trade and investment between the two countries and for greater co-operation between their businesses, IJBLF was constituted with prominent business leaders from India as its members.
The forum has been re-constituted recently and Mr Modi re-nominated Mr Kalyani as the co-chair of the forum from the Indian side.
The delegation also includes Bharti Enterprises chairman Sunil Bharti Mittal, Essar Group chairman Shashi Ruia, Wipro chairman Azim Premji and Maruti Suzuki chairman R C Bhargava.
Two prominent women Kiran Mazumbar-Shaw of Biocon and Chanda Kochhar of ICICI Bank are also on the list.
Oil India chairman and managing director Sunil K Srivasatava and his counterpart in ONGC Dinesh K Sarraf would also be part of the delegation.
The members of the delegation are expected to reach Tokyo by the afternoon of August 31.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.