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No summer vacation for CESTAT due to COVID-19 disruptions

New Delhi: The Government has cancelled the summer vacation of ll benches of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) to get additional days to function post lockdown. Consequent to Covid-19 outbreak and nationwide lockdown declared by the government, there has been no sitting of the benches of the principal bench and ll of the regional benches of the …

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Larsen & Toubro wins significant contracts for power transmission, distribution

New Delhi: Engineering and construction giant Larsen & Toubro (L&T) on Monday said it has won ‘significant’ power transmission and distribution contracts in India and abroad. Though the company did not mention the value of the contracts, a ‘significant’ contract ranges between Rs 1,000 crore and Rs 2,500 crore as per its specification. “The power transmission and distribution business of …

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China slams India’s new FDI norms, says change violates WTO rules

New Delhi: Just days after the Centre amended the Foreign Direct Investment (FDI) policy to check opportunistic takeovers of Indian companies amid the Covid-19 pandemic, China on Monday criticised the move and said that it violates the World Trade Organizations principle of non-discrimination. In a statement, Chinese Embassy spokesperson in India, Ji Rong, said that the Indian government’s decision to …

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Six IMFL units to manufacture sanitisers, disinfectants

· NT NETWORK PANAJI: The government has asked Indian Made Foreign Liquor (IMFL) manufacturers in the state to make sanitisers and disinfectectants in view of the corona virus disease. Both the products are needed in the state because of the virus. Excise Commissioner, Amit Satija speaking to the Navhind Times said that, so far, the excise department has received requests …

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Cosmoprof India 2020 rescheduled for 29 – 31 October 2020

Bengaluru: BolognaFiere Group SpA and Informa Markets, organisers of the Cosmoprof India Show, have decided to postpone its 2020 edition to the new dates of October 29 to 31, 2020 at the Bombay Convention and Exhibition Centre. The event was originally scheduled to be held from September 2 to 4, 2020. “The rescheduling of all the main trade shows globally …

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IT industry seeking relaxation in coronavirus lockdown

Panaji: Members of the local IT industry are seeking relaxation in the coronavirus lockdown orders imposed by the state government.  On Tuesday, the industry represented by the Goa Technology Association (GTA) said that, it needs critical staff to attend office every day and operate out of the company workplace. According to the industry some crucial software projects related to healthcare …

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RLDA invites bids lo lease out 2 plots in Jammu

New Delhi: The Railway Land Development Authority (RLDA) has invited bids for leasing out its two plots at Katra in Jammu and Kashmir with reserve price of over Rs 14 crore each.  RLDA has invited RFP ( Request for Proposal) to lease two plots at Katra for commercial development.  The combined plot is spread across 15,352 sq metre and is located near …

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Maritime industry writes to UN bodies on change of seafarers

New Delhi: International maritime chambers have written to the agencies of the United Nations on the importance of seafarers in global trade and smooth functioning of the supply chains. In their letter, the heads of US agencies, the International Chamber of Shipping (ICS) and International Transport Workers’ Federation (ITWF) have sent a joint letter to the heads of UN agencies …

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Staff safety important, we support work from home policy: SBI Life

New Delhi: SBI Life on Tuesday said safety of its staff is of utmost importance amid the coronavirus outbreak and the insurer fully supports work from home policy. “With coronavirus on the minds of many, I want to take a moment to personally communicate my thoughts on ensuring that we all stay safe,” Sanjeev Nautiyal, MD & CEO SBI Life Insurance …

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Railways to pay all contractual, outsourced staff

New Delhi: In view of the novel coronavirus crisis in India, the Indian Railways on Tuesday announced that it shall make the payment to the contractual and outsourced railway staff during the period of the suspension of the passenger train services. The Railway Board in a circular to the employees said, “Due to prevailing Covid-19 situation in India, vide Railway …

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