Considering the abnormal situation prevailing in the domestic market, Prime Minister Manmohan Singh is likely to meet corporate veterans tomorrow to take stock of the current credit crunch and work out steps to deal with the problem. This move may help to neutralise the impact of the global meltdown on the country.After meeting some captains of Indian industry earlier this week the Prime Minister. has now called a meeting of a smaller group comprising doyens of the Indian corporate world to discuss the current economic scenario.
In the backdrop of the financial crisis in the US and European countries.Keshub Mahindra, who will be attending the meeting, is chairman of automobile major Mahindra and Mahindra and had served on various government committees including the Sachar Commission on Company Law and MRTP and Central Advisory Council of Industries.Veteran banker N Vaghul, who has been associated with the financial sector for long years, is currently chairman of ICICI Bank.ICI India Chairman Ashok Ganguly was chairman of the erstwhile Hindustan Lever and is currently a member of the Investment Commission.Meanwhile, Chief Economic Adviser Arvind Virmani held a meeting with chief financial officers (CFOs) of various companies to take stock of the current credit crunch and work out steps to deal with the problem.
In the backdrop of the financial crisis in the US and European countries.Keshub Mahindra, who will be attending the meeting, is chairman of automobile major Mahindra and Mahindra and had served on various government committees including the Sachar Commission on Company Law and MRTP and Central Advisory Council of Industries.Veteran banker N Vaghul, who has been associated with the financial sector for long years, is currently chairman of ICICI Bank.ICI India Chairman Ashok Ganguly was chairman of the erstwhile Hindustan Lever and is currently a member of the Investment Commission.Meanwhile, Chief Economic Adviser Arvind Virmani held a meeting with chief financial officers (CFOs) of various companies to take stock of the current credit crunch and work out steps to deal with the problem.
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