New
Delhi: A snap poll conducted on varied subjects
by the Confederation of Indian Industry (CII) has found
the mood of the CEOs in western India as far as the
economy is concerned to be buoyant.
Sixty-two
per cent of CEOs felt that good times in the stock market
would continue over the medium term, and there were
no visible signs of any bubble being created. The majority
of them also felt that this reflected the health of
the economy.
Echoing
the same confidence on the growth prospects, 71 per
cent of the CEOs felt that agriculture growth would
be more than three per cent. On corporate governance,
62 per cent of the CEOs felt that India Inc would be
ready to adhere to Clause 49 requirements by December
31. The SEBI Chairman earlier had extended the Clause
49 of the listing agreement deadline from April to December
31.
However,
infrastructure was not part of the positive story, as
55 per cent of the CEOs felt that port congestion like
last year maybe seen again this year at the Jawaharlal
Nehru Port Trust.
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