India, US CEOs focus on visa, piracy & BIT at roundtable meet

Biocon CMD Kiran Mazumdar-Shaw, too said that the US industry has raised its concerns on IPR. Other issues that were discussed include the proposed bilateral investment treaty (BIT), totalisation agreement and lack of expeditious dispute resolution.

“BIT is going to be an important building block for expanding the relationship. The point that was made in the CEOs Forum was to say that we take feedback from both the sides before really concluding the treaty so that the treaty becomes meaningful,” ICICI Bank chief Chanda Kochhar said.

Kochhar said that issues related to visa also come up for discussion. Among industry leaders at the meeting were Reliance Industries chairman Mukesh Ambani, Bharti Group chief Sunil Mittal, Reliance Group chairman Anil Ambani, Adani Group head Gautam Adani, Mahindra & Mahindra chairman Anand Mahindra and Sudhir Mehta of Torrent Pharma. The US team included Indira Nooyi of Pepsico, Harold McGraw, chairman McGraw Hill Financial and Ajay Banga, CEO Mastercard.

Modi’s pet projects showcased at R-day

New Delhi: Tableaux with a giant machine lion and a replica of bullet train rolled down the majestic Rajpath during the Republic Day celebrations on Monday, putting on display pet projects of Prime Minister Narendra Modi such as the ‘Make in India’ scheme and ‘Jan Dhan Yojana’. Though ‘Swacch Bharat’ campaign, which is another area on which the Prime Minister has given much focus on, did not get a display through a tableau, school children later presented a dance on the importance of cleanliness.

The department of financial services focussed on the ‘Jan Dhan Yojana’ with a tableau displaying various facilities available for the people.