Breaking News

Business

OIL may pick up BPCL’s stake in Numaligarh Refinery

New Delhi: State-owned oil and gas explorer Oil India Ltd (OIL) may take over Bharat Petroleum Corporation’s entire 61 per cent stake in Numaligarh Refinery, retaining the public sector character of the Assam-based entity. Privatisation of Bharat Petroleum Corporation Ltd (BPCL), which currently has majority holding in Numaligarh Refinery, has become a hot political issue in the North-East with voices …

Read More »

BIZ SCAN

Session on movie making at CII- Goa PANAJI: In keeping with the ongoing spirit of cinema in the state due to IFFI 2019, the Confederation of Indian Industry (CII), Indian Woman Network, Goa is organising an interactive session on, The Reel Life: Behind the Scenes on November 26 2019 at the CII office, Salgaoncar Center, Fontainhas.  The session is for …

Read More »

PMC Bank only disclosed Rs. 439.6 crore as loans to HDIL

New Delhi: The Punjab and Maharashtra Cooperative (PMC) Bank had disclosed an exposure of only Rs 439.6 crore to the HDIL Group out of Rs 6,226 crore, underlying the loan was camouflaged, Parliament has been told. The Reserve Bank of India has reported that the fraud was perpetrated by the PMC Bank by withholding and falsifying pertinent information about its exposure to …

Read More »

‘It is very important for women to be self-reliant’

Panaji: The Women Facilitation Wing (help desk) recently held its first ‘Meet the Council’  meeting at Goa Chamber of Commerce and Industry  (GCCI) Conference hall. The function was inaugurated by Sulakshana Pramod Sawant. Speaking on the occasion  Sawant encouraged women to follow their passion and think out of the box. She also said that it is very important for women to be …

Read More »

Arvind Malkhede takes charge of Hubballi Railway Division

Vasco: Arvind Malkhede, an officer of Indian Railway Traffic Service (IRTS) of 1991 batch assumed the charge of Divisional Railway Manager of Hubballi Division on Monday. Malkhede has wide experience in train operations, Commercial Department of the Railways and General Administration posts in Railways.  He has also worked on deputation to Container Corporation of India (CONCOR) and IRCTC.  Prior to …

Read More »

Andhra Pradesh cancels licenses of all bars

IANS Amaravati The Andhra Pradesh government on Friday cancelled the licenses of all existing bars in the state. The move follows the decision taken three days ago to shut down 40 per cent of the bars in the state as part of the government›s plan to implement total prohibition in phases. The state government also unveiled a new bar policy, which will …

Read More »

Def Min plans product testing facilities for MSMEs

IANS Chennai The Ministry of Defence plans to set up 6-8 product testing facilities to enable the micro, small and medium enterprises (MSME) to test their products for defence supplies, said a senior official here. The first testing facility, likely for drones, is to come up soon, he said on Friday. “In order to provide MSME’s a level playing field …

Read More »

Govt invites bids for BPCL, Concor strategic sale

IANS New Delhi Pacing up the disinvestment calendar to meet a daunting target by March 31, DIPAM on Friday issued 15 request for proposals, including those for strategic disinvestment of BPCL, and also for partial divestment of government’s equity in railways’ arm Concor. The move also paves the way for bids from oil and gas PSUs for Numaligarh Refinery. The …

Read More »

Sattari Urban Co-Operative Credit Society to open its 13th branch

VALPOI: Sattari Urban Co-Operative Credit Society chairperson Yeshwant Gauns informed in the press conference which held at head office on Sunday that SUCCS had received good response from shareholders in all its 13th branches and they will be opening its 14th branch near Fatorda Stadium-Margao  on November  25  at 4.30pm. Other present during the press conference were vice chairperson Farid …

Read More »

566 highway projects delayed for various reasons: Gadkari

New Delhi: As many as 566 national highway projects are running behind schedule owing to issues ranging from land acquisition, forest and wildlife clearances to poor performance of contractors, Road Transport and Highways Minister Nitin Gadkari told Parliament on Thursday. “Construction work on Golden Quadrilateral has already been completed, however 566 projects are behind their completion schedule. These projects are …

Read More »