Thursday , 13 December 2018
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Business

GSL revenue up by 32%

NT NETWORK   VASCO The chairman and managing director of Goa Shipyard Ltd (GSL) Rear Admiral (retd) Shekhar Mital informed that company revenue has increased by 32 per cent year on year (YoY) from Rs 1,102 crore in financial year 2017 to Rs 1,452 crore in financial year 2018, while operating profit has increased from Rs 131 crore in the ... Read More »

NABARD launches second phase of E-shakti project for SHGs

NT NETWORK   PANAJI NABARD launched the second phase of E-shakti project in the SLBC meeting held on September 25. As part of the programme, animators, viz. the implementing agencies of the project were given mobile phones to update data of self help groups (SHGs)  on a monthly basis. Dharmendra Sharma, chief secretary, distributed the mobile phones. The E-shakti project ... Read More »

‘Trade war will help emerge as bigger trading, mfg base’

PTI   NEW DELHI Finance Minister Arun Jaitley Friday said the ongoing global trade war may have created “initial instability”, but will gradually open up opportunities for India to emerge as a bigger trading and manufacturing base. The Trump administration’s decision to impose tariffs on aluminium and steel imports has triggered a trade war with several countries including China, which ... Read More »

Chemists’ body: will go on indefinite strike if demands not met

IANS   NEW DELHI The All India Organisation of Chemists and Druggists (AIOCD), which led the day-long strike of chemists across the country against the online sale of medicines, said they would go on an indefinite strike if their demands are not met. The strike comes after the government came out with a draft notification on e-pharmacy earlier this month. ... Read More »

Centre to examine tea planters’ demand to incentivise orthodox plantation

IANS   KOLKATA The Centre will examine the tea planters’ appeal to incentivise the orthodox tea production in order to compete in the global markets, an official said here on Thursday. Addressing the 135th Annual General Meeting, Indian Tea Association Chairman Azam Monem said if exports are to grow, incentivisation and hand-holding by the government would be vital. Given the ... Read More »

Global IoT cellular connections to hit 5-billion mark by 2025

IANS NEW DELHI Global Internet of Things (IoT) cellular connections will cross five billion mark by 2025 and China will continue to lead by contributing almost two-thirds of such connections, a new report said on Friday. According to the latest research from Counterpoint’s IoT (Internet of Things) service, Global IoT cellular connection grew 72 per cent in the first half ... Read More »

Goa bags National Tourism Award for second time

NT NETWORK   PANAJI Goa achieves yet another milestone at the National Tourism Awards (NTA) held in Delhi on Thursday bagging the prestigious National Tourism Award in the category of Comprehensive Development of Tourism (Rest of India) for the year 2016-17. The award was presented by the Union Minister for Tourism, Alphons Kannanthanam and was received by Tourism Minister  Manohar Ajgaonkar along with ... Read More »

Mac Hotels to list shares on BSE

NT NETWORK   PANAJI After many years, a Goan company approached the capital market to raise funds and to list equity shares on the Bombay Stock Exchange (BSE). On Thursday, the promoters of Mac Hotels, a hospitality company, said that, the initial public offering (IPO) concluded in Mumbai on September 25, and was oversubscribed 1.5 times. Post IPO, the company ... Read More »