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LIC Goa donates Rs. 25 lakh for school sports hall

Panaji: Life Insurance Corporation of India (LIC) Goa has contributed Rs 25 lakh from its CSR funds for the construction of an indoor sports hall at VD and SV Wagle High School, managed by the Mangirish Vidyadayini Samstha.   “The generous sponsorship is part of LIC’s golden jubilee foundation activities,” said Vikas Rao, zonal manager, western zone on Thursday. He added …

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New Hyundai Aura

Former cricketer Sandeep Patil poses after launching the new Hyundai Aura at Verna in the presence of managing director Prashant Joshi and others

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Samsung India aims 35% refrigerator market in H1 2020

New Delhi: Samsung India on Wednesday said that it grabbed 33.9 per cent market share in the second half of 2019 to become the top refrigerator player in India and aims to secure 35 per cent market share in the first half of 2020 as demand from small-town India grows in leaps and bounds. Raju Pullan, Senior Vice President, Consumer …

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23rd Annual Interiors and Exteriors Exhibition from today

Panaji: The 23rd annual Interiors & Exteriors 2020, Goa’s biggest exhibition on art, furniture, interior design, lifestyle, building & construction products will begin from January 23 to 26, 2020, at Dr Shyama Prasad Mukherjee Indoor Air Conditioned Stadium, near Goa University, Bambolim, from 11.00 am to 7.30 pm. The four-day exhibition will feature a galore of unique products & 100 …

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Acquisition of Eaton Hydraulics good for Danfoss India unit

Chennai: The acquisition of power management company Eaton’s Hydraulics business for $3.3 billion augurs well for Danish major Danfoss A/S not only globally but also for its Indian operations, said Danfoss officials. On Tuesday Danfoss and Eaton announced a deal, whereby the former has agreed to buy the latter’s global Hydraulics business for $3.3 billion. Interestingly, the hydraulics divisions of …

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Thousands of missing persons during Lanka’s civil war are ‘dead’: President

Colombo: For the first time, Sri Lanka’s President Gotabaya Rajapaksa has admitted that some 20,000 people who disappeared during the country’s brutal civil war with Tamil Tiger rebels over a decade ago are “dead”. Gotabaya Rajapaksa, the former wartime defence secretary who played a key role in ending Sri Lanka’s nearly 30-year civil war with the Tamil separatist rebels, told …

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Rural demand is expected to recover gradually from March

New Delhi: Rating agency Crisil said on Tuesday that it expects a recovery in rural demand in the country from March-April onwards owing to an increase in farm incomes, good monsoons and improving urban demand. “An expected recovery in rural demand, coupled with steady urban demand, is set to lift revenue growth of the Rs 4 lakh crore fast-moving consumer …

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Liquor quota at duty-free shops to cause Rs. 650 cr loss

New Delhi: An industry body representing private airport companies such as GMR and GVK on Tuesday said that the Commerce Ministry›s proposed move to restrict purchase of liquor to one bottle and a complete ban on sale of cigarettes from duty-free shops would cause an annual revenue loss to the tune of Rs 650 crore to the airport sector. The …

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Telcos seek fresh schedule for payment of Rs 1.47 lakh cr dues

New Delhi: The Supreme Court on Tuesday agreed to list next week fresh pleas of telecom firms, including Bharti Airtel, Vodafone Idea and Tata Teleservices, seeking a fresh schedule of payment of statutory dues to the tune of Rs 1.47 lakh crore to the Department of Telecommunications. A bench headed by Chief Justice S A Bobde took note of submissions …

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BIZ SCAN

Awareness workshop for PACS on Cooperative Development Fund PANAJI: The Workshop cum meeting of Primary Agricultural Cooperative Societies  (Vividh Karyakari seva Sahakari Saunstha) was organised by The Goa State Co-operative Bank Ltd, Panaji Goa on January 18, 2020 at The Goa State Co-operative Bank Ltd Sahakat Sankul, Patto Plaza Panaji Goa. The main purpose of the workshop cum meeting was …

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