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RBI chooses to play safe in interest rate

By DM Deshpande In it’s latest monetary policy review, the RBI took everyone by surprise. The apex bank decided to take a breather and opted not to announce cut in repo rate. The expectation that the RBI would further reduce rates was so strong that the stakeholders thought that it was almost a forgone conclusion. Since February this year, repo …

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Manipal Hospitals Goa ups infrastructure spending

Manipal Hospitals Goa, invested in new equipment recently. The  Apheresis Technology machine was purchased for the blood bank division and was unveiled by Vishwajit Rane, Health Minister, in the presence of Jyoti J Sardesai, director, Directorate of Food & Drugs Administration along with  Saghir Siddiqui, regional chief operating officer, Manipal Health Enterprises, Manish Trivedi, hospital director, Dr Shekhar Salkar, HOD …

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Safety begins at home

With break-ins and burglaries on the rise, Godrej Locks, launched a free home safety assessment programme. The programme enables citizens to measure the safety strength of their homes and take remedial steps. As per the National Crime Records Bureau (NCRB), 2,44,119 cases of robbery, theft, burglary and dacoity among others took place in residential premises in 2017.  There was a …

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Education app launched by PACE institute

STEPapp, a gamified learning education app launched in Mumbai recently. The app was unveiled by Praveen Tyagi, managing director, PACE and founder Eduisfun Technologies in the presence of academicians and corporate heads. The app aims at providing universal access to quality education to every student via technology. It works on the most basic smartphone with minimal data requirement. The pricing …

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Supreme Court holds hotels responsible for safety of car during valet parking

By Adv. Jatin Ramaiya   In a relief to consumers, the Supreme Court  held that the hotels providing valet services will not be allowed exemption from their duty of taking care only because the coupon given by them said it’s at owner’s risk. The apex court whilst hearing an appeal by a five star hotel held that it is the primary …

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Corel Draw road show gets good response

Canadian software company Corel, organised a Corel Draw 2019 India Road show in Panaji on Saturday, December 6. The road show held at Caculo Mall, Tonca, aimed at highlighting the usefulness of Corel Draw, a designing software used by graphic designers in the media, printing and publishing industry. The road show was in association with ARK Infosolutions, the national distributor …

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Sugar-free desserts launched at Dabolim Airport

Travelers at Goa International Airport, Dabolim, will now have more choice in sweet dishes with Travel Food Services (TFS) launching a range of mouth-watering, sugar free deserts at the F&B kiosks at the airport. The company’s move to introduce sugar-free desserts is on the backs of the increasing health awareness and consumers wanting to indulge their sweet tooth while waiting …

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Real estate industry disappointed over no cut in interest rate

The Indian real estate sector is not very pleased with the Reserve Bank of India’s (RBI’s) decision to keep key repo rate unchanged at 5.15 per cent in its December policy review on Thursday, December 4 2019. This is the first pause after five consecutive rate cuts by the monetary policy committee (MPC) since February, during which the policy rate …

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Flats with benefits

After-sales service can make or break a company. And developers are now structuring unique loyalty programmes to set themselves apart in this respect. These initiatives go beyond the garden, pool and sports facilities to offer discounts on retail and luxury brands and deals at local restaurants, laundry services and salons. Some are stepping up with community engagement activities like arts …

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Car sales in November resume downward spiral

Almost ever major passenger vehicle maker in the country reported negative sales growth for the month of November, underlining the general agreement that the spurt in sales a month earlier was primarily due to the festivities. After months of sluggish sales, October had come as a respite but that respite was short lived. November saw sales chart turn south yet …

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