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B & C

Goan industry enlightened on changes in labour laws

With labour laws set to change the industrial relations and human resource committee (IR & HR) of GCCI organized a full day interactive seminar on The Wage Code- 2019, The Industrial Relations Code 2019 and The Occupational Safety, Health, & Working  Conditions Code 2019. The seminar aimed at understanding the applicability, changes and key implications in labour laws.  Govindraj NS, …

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LIC contributes Rs 2610.7 cr dividend income for 2018-19

MR Kumar, chairman, LIC of India, presented a dividend cheque of Rs 2610.74 crore to Nirmala Sitharaman, the Finance Minister as the government of India’s share of the surplus arising out of LIC’s actuarial valuation as at March 31 2019. During the fiscal 2018-19, LIC generated a total valuation surplus of Rs 53214.4 crore, registering a growth of around 9.9 …

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Goa International Airport’s lighting during year-end draws applause

If Goa International Airport, Dabolim, looked grand festooned with lights during the year-end season of festivities, it is all the work of Conquer Events, a local event management company.    The company founded by Upendra Pai Rakar crossed a milestone in its operations with the bagging of the order for illumination of the airport. It was the first opportunity received by …

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Betting big on diamonds

To encourage the purchase of Forevermark solitaire diamond jewellery, PNG Jewellers is extending the No Making charges and No Gold charges, marketing campaign for the Forevermark solitaire range.   The alluring offer is at all showrooms of the jeweller such as Goa, Pune, Mumbai, Aurangabad, Ahmednagar and Nagpur except for franchisee owned stores. It is on purchase of solitaire diamond …

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GoAir flies high in digital marketing

GoAir won global acclaim for its digital marketing initiatives at the recently concluded ‘SEAC Customer Engagement Forum & Awards 2019’ amidst stiff competition from 264 entries from Singapore, Malaysia, Vietnam, Sri Lanka, Indonesia and India. The best campaigns, creatives, activities, and marketing initiatives were evaluated by APAC Customer Engagement Pte. Ltd.(Singapore) and Asian Customer Engagement Forum (ACEF), which formed the …

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GTDC set to commence Ashtavinayak tours

GTDC is commenced pilgrimage tours for the religious. The 3-day 3- night, Ashtavinayak tours will be on January 9 and 23, to eight Ganesh temples in Maharashtra. The tours will facilitate local Goans travel to Mayureshwar (Morgaon), Siddhivinayak (Siddhtek), Chintamani (Theur), Mahaganapati (Rajangaon), Girijatmaj (Lenyadri), Vigneshwar (Ozzar), Varadavinaya (Mahad) and Ballaleshwar (Pali). Affordably priced Rs 5,999 per head, the tour …

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The road ahead for Goa’s automobile market in 2020

Goan automobile dealers have fingers crossed for a smooth ride in 2020 as they wait out the impact of an end to concession in road tax on customer sentiments, reports Shoma Patnaik New year 2020 opened bumpily for local automobile dealers with the concession in road tax granted by the state government on new vehicle purchases coming to an end.  …

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Petrol and diesel prices continue to advance

Fears are that the tension in the Middle East will spike up petrol and diesel prices in India. On Saturday petrol and diesel prices were hiked on top of small increases throughout the week. Oil marketing companies raised the price of petrol by 10 to 11 paise per litre and that of diesel by 15-16 paise across all major cities. …

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India’s ranking in housing price appreciation index slips: report

India ranks 47th in the world in terms of appreciation in housing prices as rates grew by only 0.6 per cent during July-September quarter of 2019 over the year-ago period on slow demand, according to a report by global property consultant Knight Frank. The report said that, India’s ranking in house appreciation slipped as it had stood at 11th position …

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Risks in buying property in auction

“Auctioned properties are attractive because they are, typically, available at a discount. But they are not risk-free. Do due diligence before bidding. If required, take the help of a lawyer.” KD. Saravanan, 44, Madurai, Tamil Nadu, always wanted to buy a house in his village Gudiyatham, Vellore. He saw an opportunity when he got to know that State Bank of …

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