Wednesday , 18 September 2019
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‘Role of company secretaries vital for corporate governance’

Panaji: The role of professionals such as company secretaries is very important for corporate governance, said the chairman of Dempo Group of Companies Shrinivas Dempo. He was speaking as the chief guest, during the inaugural of two-day conference of the Institute of Company Secretaries of India (ICSI) in Panaji, on Friday. The theme of the conference is ‘Spectrum- expanding the …

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NF Railway officers booked for Rs 100 cr advertisement scam

New Delhi: The CBI has booked a senior public relations officers of Northeast Frontier Railways for allegedly cheating the organisation to the tune of Rs 100 crore by sanctioning payments for fake bills of tender advertisements in papers not in circulation, officials said Friday. Senior Public Relations Officer Dilip Chandra Bora, office superintendents Haradhan Dey and Babul Chandra Medhi, Chief …

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Mining, manufacturing pull down IIP growth to 3.1% in May

New Delhi: India’s industrial output growth slipped to 3.1 per cent in May mainly on account of subdued performance of mining and manufacturing sectors, according to government data released Friday. The Index of Industrial Production (IIP) had expanded by 3.8 per cent in May 2018. The index grew at 4.3 per cent in April and 0.4 per cent in March …

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‘Economy is weak, needs bold, structural reforms’

New Delhi: The Union Budget 2019-20 does not chalk out a clear roadmap to take India on the path of high economic growth and lacks bold steps and structural reforms, Congress leader P Chidambaram said Thursday in Rajya Sabha. Participating in the debate on the Budget, the former finance minister said the country’s economy is weak and requires bold steps …

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Govt treating farmers badly, complains Rahul

New Delhi: Congress leader Rahul Gandhi on Thursday accused the central government of adopting “double standards” and taking decisions as if “farmers are inferior to the rich”. Raising the issue of farmer suicides in the Lok Sabha, Gandhi said that farmers were suffering throughout the country. He expressed unhappiness over the Union Budget 2019-20 for not taking “concrete” steps to …

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BIZ SCAN

GMA signs MoU with CIBA PANAJI: With an aim to promote startups in the state, the Goa Management Association (GMA) signed a MoU with the Centre for Incubation and Business Acceleration (CIBA), Assagao, recently. “CIBA is been a cradle for startups in Goa. As an association of management professionals it is a great synergy for us to handhold startups and …

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India, US officials to meet today to discuss trade issues

New Delhi: Senior officials from India and the US would meet here Friday to discuss various trade and economic issues and strengthen bilateral relations, a top official said. A team led by Assistant US Trade Representative (AUSTR) for South and Central Asia, Christopher Wilson, will hold the meeting with senior government officials. The US officials will also meet Commerce and …

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Railways plans to add 4 lakh berths by leaving power cars

New Delhi: The Indian Railways which carries over 12 lakh passengers every day, aims to provide four lakh more berths for passengers every day from October when it will adopt the technology to generate power from the locomotives instead of the two power cars, railway officials said on Wednesday. A senior Railway Ministry official related to the development told IANS: …

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Govt may move 2 key labour bills next week: Gangwar

PTI New Delhi The government may introduce two labour bills, including the Code on Occupational Safety, Health and Working Conditions Bill that was cleared by the Cabinet Wednesday, in Parliament next week, Labour Minister Santosh Gangwar said. The Cabinet had approved the Code on Wages Bill on July 3. “The House is in session. These bills can come in the …

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Deposits in Jan Dhan accounts cross Rs 1 lakh cr

PTI New Delhi Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark. As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs 1,00,495.94 crore as on July 3. The deposits …

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