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B & C

Stepping up support to MSMEs

Aiming to increase access to bank finance, Bank of India (BOI), Goa, conducted a MSME customer meet under the MSME Support and Outreach Programme. More than 34 entrepreneurs and customer attended the meeting. Stating that MSMEs play an important role in the economy, Prashant Naik, zonal manager, educated participants on the support system under government schemes.  Shripad Shukla, assistant general  …

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Keeping up the national spirit

Indian Hotels (IHCL) is celebrating Independence Day, with a 50 per cent discount to all serving and retired Indian armed forces personnel. The hotel chain is offering 50 per cent saving across all its brands to people in the services. The offer is part of IHCL’s support and recognition to the Indian armed forces. From hosting icons of the freedom …

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Express delivery of rakhi’s on track

Logistics service provider and courier company, Blue Dart is celebrating Raksha Bandhan with hassle free delivery and offers.  The company is promising timely delivery of rakhis so that people can enjoy their Raksha Bandhan without any worries. The company is announced transport of rakhis to over 35,000 locations across India and to 220 countries through DHL’s Express Easy Rakhi. Customers …

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Master class tutors SMEs in filing tax returns

The Goa Management Association (GMA) hosted a Master Class conducted by Rohan Bhandare, chartered accountant, on the topic, How to file Income Tax Returns for Small and Medium Enterprises. The class covered relevant provisions, amendments of the Income Tax Act. It focused on e-filing techniques. An expert in tax matters Bhandare, pointed out, “The government is very pro-active. The new …

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Relief to homebuyers from favourable

Supreme Court order With several real estate companies going bust the Supreme Court in its latest order on August 9 had made it easier for home buyers to get their money back by considering them on par with other creditors. The Supreme Court order grants homebuyers the status of financial creditors enabling them to claim their dues together with banks. …

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Builders get serious about flood control, as rainfall patterns change

Climate change isn’t just real you can see its effects in your own housing complex. As the rains lash Mumbai, it’s hard to ignore how the monsoon has changed. Instead of showers distributed across three or four months, we now have week-long bursts of downpour. And the city is simply not equipped to deal with such volumes of water. Flooding …

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New diesel variant of Nissan Kicks launched

Nissan launched the new diesel variant of Kicks, its intelligent SUV. The new XE diesel is priced attractively at Rs 9.89 lakhs across states.  The new variant is an exceptional value proposition for consumers who want a combination of premium, spacious interiors and stylish exteriors. It has over 50 features including auto AC with rear AC vent, dual airbags, ABS, …

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Maruti Suzuki cuts production in July

Largest car manufacturer, Maruti Suzuki India cut its production in July 2019 by 25 per cent for the sixth month in a row, according to a regulatory filing to the BSE. The company reduced its output and manufactured total of 1,33,625 units in July 2019, compared with 1,78,533 units in the year-ago month. Passenger vehicles’ production last month stood at 1,30,541 units …

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Auto industry slowdown hits lakhs of jobs

The slowdown in auto sector has rendered an estimated three lakh and a fifty thousand people jobless due to spiraling layoffs in the automobile industry.  In Chennai’s Amabattur industrial estate the slowdown has crippled John Peter who  makes valve components. Over the last five months, his Rs 8 lakh monthly turnover has dropped ninety percent, to just Rs one lakh. …

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Raw deal for Goa’s construction workers

If you visit Panaji market on Sunday evenings the scene is chaotic viz. much more chaotic than what you’d expect a market to be. Hordes of migrant workers are out to do their weekly shopping on the day and arriving with little babies and large carry bags they create commotion as they move along. Haggling with vendors and visiting each …

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