Wednesday , 16 October 2019
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B & C

Scintillating finish to Mahindra Great Escape

The 163rd round of the Mahindra Great Escape concluded with a roar last week,  reports Team B&C Mahindra & Mahindra Ltd. (M&M), successfully concluded the 163rd edition of the Great Escape off- roading trophy with over 19 vehicles participating in the coveted challenge.   Participants were flagged from Regenta Resorts, Varca beach on August 24. The state is known for …

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Optel Group, Verna, crosses two-year milestone

Canadian multinational, The Optel Group, Verna, recently completed two years of operations in the state. The company is the world’s no. 1 in global track and trace solutions for the pharmaceutical industry. It is a leading player in machine vision systems and traceability technologies.  Although an international company, Optel’s Goa plant employs an almost wholly Goan workforce with 86 per …

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New motor vehicle rules effective from September 1

Provisions of the new Motor Vehicles Amendment Act 2019 became applicable with effect from September 1. Except for two states in the country, West Bengal and Rajasthan, the rest of the country will follow the new rules with a new structure for fines of traffic violations. The bill includes provisions for enhanced penalties which are being notified now. For the …

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Tailor-made for entrepreneurship

From shop keeper to businessman, the transition to entrepreneurships is been smooth and seamless for Abdul Mutalib Shaikh, owner, Raahi Enterprises, says Abdulla Khan Based in Valpoi, Raahi Enterprises owned by Abdul Mutalib Shaikh is perhaps one of the few stores in the state focusing on uniforms. The store has created a niche for itself by manufacturing uniforms of all …

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Amazon in public spat with traders over discounts

Ecommerce giant defended its business strategies in India as it came under fire from a local trader group recently over discounted products on the global e-commerce giant’s website. New e-commerce foreign investment rules that took effect in February 2019 were designed to help small traders by curbing heavy online discounting. But traders have complained that big online retailers use complex …

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Government gets a bounty from RBI

By DM Deshpande At last, it has been decided that the RBI would transfer Rs1.76 trillion to the government coffers. It should immediately put to rest all the controversies that surrounded the transfer of surplus and reserves held by the apex bank. How much reserves should the RBI keep to itself and how much it should transfer to RBI had …

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About bad times in stock market investments

By Tensing Rodrigues The times are bad. At least that is what the headlines in the media tell us. What are we to make of it? Do we accept it or do we reject it or do we just pretend not to hear it? You may say, what does it matter? It does. A crucial element in investment is what …

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Marking women empowerment

Women entrepreneurs took the lead in encouraging their fraternity members during a conference organised by the CII Indian Women Network (IWN), Goa, on August 30. Nila Mohanan, secretary, education and industry, Lalit Saraswat, chairman, CII Goa, Kalpana Unadkat, chairperson, CII IWN western region, Shika Pandey, cricketer, Regina L M Dourado, senior chief superintendent, GSL, industrialists Dean Menezes and Atul Pai …

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Power-packed meeting of IT companies at GTA celebrations

Participants of Goan IT industry gathered in full strength last week for the second anniversary event of the Goa Technology Association (GTA), the representative body of local industry. More than 150 companies, promoters and government officials were present at the function attended by the Chief Minister, Pramod Sawant, the IT minister, Jennifer Monserrate and prominent members of industry. The anniversary …

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PNB-Goa focuses on customer service

Customer satisfaction is the key in banking industry. Quality of service is very important and plays an important role in increasing the number of customers of banks. In line with RBI directions that,  each bank should implement customer relation programmes by holding periodical meetings, Punjab National Bank organized a customer relation programme at Margao where account holders from all segments …

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