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B & C

Beating the odds in the hospitality game

Veteran in the tourism and hospitality industry, Sunder G Advani,  Caravela Beach Resort, Varca, Salcete, in conversation with Shoma Patnaik offers interesting insights on tourism. He says that, tourism in Goa urgently needs a facelift to earn revenues to the state There is a lot to talk with Sunder G Advani, chairman and managing director, Advani Hotels and Resorts India …

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Vast powers, options with government to address sector’s issues: COAI

Industry body Cellular Operators Association of India (COAI) has cautioned that any situation of duopoly in the telecom market will not be in the best interest of the nation or customers, and asserted that government has ‘vast powers and options’ to address the sector’s issues even in the light of the Supreme Court order. A day after the Supreme Court …

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Going all out for $5 trillion economy

By Manguirish Pai Raiker The vision of Prime Minister, Narendra Modi, of achieving USD 5 trillion economy is not entirely difficult provided the efforts are made with full steam in all directions by all the stakeholders. India requires focusing on innovations and promoting new generation entrepreneurs. Infusion of finance is very crucial and financial institutions, banks and NBFC’s will have …

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Review compliance obligations for EoDB in capital market, says report

Review of compliance obligations required by market intermediaries and participants for trading in stock markets will help in enabling the ease of doing business (EoDB) in capital markets, according to a report released last week. Currently, trading in stock markets require market intermediaries and participants to fulfil a number of compliance requirements. The review of compliances will reduce the cumbersome …

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Increasing protectionism is hurting the economy

By DM Deshpande Of late, there has been a tendency to increase the tariff wall in order to protect the home industry. Interpreted differently, this means that the Indian industry is not globally competitive enough and it still needs protection.   Increasing duties goes against the tenet of economic reforms initiated in early years. In the nineties for the first …

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Making a mark as legal advisor to startups

Panaji based, Legal Minds LLP, a boutique corporate and compliance advisory law firm is gaining recognition in industry. The company was invited recently as an outreach partner to IIT-Bombay’s Entrepreneurship Summit 2020. A platform to boost startups and entrepreneurs, the E-Summit was a resounding success. Speaking on the experience, Amey Salatry, founder partner, Legal Minds said that, as an outreach …

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Sony asked to refund price of defective mobile to consumer

By Adv. Jatin Ramaiya Sohail Shaikh, Fatorda complained against Cloudtail India, Sony India, Amazon and Nishant Enterprises against deficiency in service providing defective goods.  Shaikh said that he had purchased a Sony handset from Amazon through seller Cloudtail. But within few days of his purchase the handset started to give problems and the problems gradated day by day.  Thereby he …

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FC Goa to develop local sports talent in Salvador do Mundo

FC Goa announced a partnership with the Salvador do Mundo panchayat for the club’s youth development projects. The partnership will see the developmental and other youth teams shift base from Margao to Salvador do Mundo. The partnership was announced on February 9 at the Nomozo event in the presence of Rohan Khaunte, MLA, Porvorim and Akshay Tandon, president, FC Goa. …

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Conference on financing healthcare

Despite significant strides in healthcare, more than 60 per cent of expenditure on health in India is on out-of-pocket expenses. This is a major drawback in a country where a large segment of the population is economically backward. To bring clarity on the matter, the Goa Institute of Management (GIM), Sanquelim,   organized a conference, Accelerating and Sustaining Investments for Financing India’s …

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Passenger vehicle sales slow in January

Domestic passenger vehicle sales declined 6.2 per cent in January 2020 as vehicle demand continued to be stressed by rising cost of vehicles and slower GDP growth, according to automobile industry body, SIAM. Passenger vehicle sales last month stood at 2,62,714 units against 2,80,091 units in the year-ago month, according to data released by the Society of Indian Automobile Manufacturers …

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