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Updated: 27/11/2008 | 01:05 PM IST
Mumbai attack: India Inc sees no impact
NDTV Correspondent
Thursday, November 27, 2008 (New Delhi)
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Top corporates and financial institutions of the country have condemned the terror attacks on Mumbai and hoped that the attacks would not impact the country’s economy. Infosys chief mentor Narayan Murthy said he sees no impact on flow of business after the serial attacks in Mumbai.

Keki M Mistry, managing director of HDFC, also maintained there has been no disruption of operations in HDFC, though he termed the terror attacks as unfortunate.

CII chief mentor Tarun Das said, “Like we have so many business conferences, we must also have conferences to fight terrorism globally and in India.”

More than 100 people have been killed, including nine foreigners and at least 287 injured in a series of well-coordinated terrorist attacks in Mumbai.

“The terror attacks could have a short-term impact,” said Nilesh Shah, CIO, ICICI Prudential AMC.

The financial system will not be impacted by the attacks, maintained R Sukumar, director & CIO, Franklin Templeton Investments.

At the same time companies, are taking measures to ensure safety of employees and customers.

Kingfisher Airlines chief Vijay Mallya said that the airline is on a high alert. Budget carrier Spice Jet has offered free refund for cancellation.

Oil marketing and refining major HPCL has beefed up security at its Mumbai refinery and special precautions have been taken by the company for safety of employees.

 

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