Tuesday , 10 December 2019
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BSES, Ola Electric tie up for battery swapping/charging stations

New Delhi: Announcing a first of its kind green initiative in the capital, Delhi power distribution company (discom) BSES on Monday said it has tied up with Ola Electric to set up battery swapping and charging stations in the city. A BSES statement said the agreement is for three years and is likely to hasten the adoption of electric vehicles …

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Bajaj invests $8mn in Yulu to boost EV adoption in India

Bengaluru: Leading bike maker Bajaj Auto on Tuesday announced an investment of $8 million in Bengaluru-based bike-sharing platform Yulu to boost electric vehicle adoption in India. The fresh round of investment will be utilised for further strengthening of the mobility platform and deepening of the technology solutions for rapid expansion, Yulu said. Yulu deploys machine learning and artificial intelligence (AI) …

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Onion prices score a century in Bengal

Kolkata: The price of onion is bringing tears in the eyes of its consumers in Bengal, with a kilo of the staple costing a whopping Rs 100 on Monday in some city retail markets. The vegetable not only scored a “century’, its price shot even higher in a few markets. Onion had been selling at Rs 70-80 a kilo over …

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RBI imposes penalty on three co-operative banks

Mumbai: The Reserve Bank of India on Tuesday penalised three cooperative banks — Nesargi Urban Co-operative Bank Limited, Krishna Pattana Sahakar Bank Niyamitha and Ron Taluka Primary Teachers’ Cooperative Credit Bank Limited — for non-submission of returns under Section 27 (2) of the Banking Regulation Act, 1949. Krishna Pattana Sahakar Bank Niyamitha was fined Rs 40,000 while Nesargi Urban Co-operative Bank Limited …

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Petrol prices continue to surge, diesel stable

New Delhi: Petrol prices continued to rise for the fifth consecutive day on Tuesday, while diesel prices remained stable for the second consecutive day. As the crude oil rates rise in the international market, the Oil marketing companies increased the price of petrol by 10 paise per litre in Delhi, Kolkata, Mumbai and Chennai, though there has been no change …

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OIL may pick up BPCL’s stake in Numaligarh Refinery

New Delhi: State-owned oil and gas explorer Oil India Ltd (OIL) may take over Bharat Petroleum Corporation’s entire 61 per cent stake in Numaligarh Refinery, retaining the public sector character of the Assam-based entity. Privatisation of Bharat Petroleum Corporation Ltd (BPCL), which currently has majority holding in Numaligarh Refinery, has become a hot political issue in the North-East with voices …

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BIZ SCAN

Session on movie making at CII- Goa PANAJI: In keeping with the ongoing spirit of cinema in the state due to IFFI 2019, the Confederation of Indian Industry (CII), Indian Woman Network, Goa is organising an interactive session on, The Reel Life: Behind the Scenes on November 26 2019 at the CII office, Salgaoncar Center, Fontainhas.  The session is for …

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PMC Bank only disclosed Rs. 439.6 crore as loans to HDIL

New Delhi: The Punjab and Maharashtra Cooperative (PMC) Bank had disclosed an exposure of only Rs 439.6 crore to the HDIL Group out of Rs 6,226 crore, underlying the loan was camouflaged, Parliament has been told. The Reserve Bank of India has reported that the fraud was perpetrated by the PMC Bank by withholding and falsifying pertinent information about its exposure to …

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‘It is very important for women to be self-reliant’

Panaji: The Women Facilitation Wing (help desk) recently held its first ‘Meet the Council’  meeting at Goa Chamber of Commerce and Industry  (GCCI) Conference hall. The function was inaugurated by Sulakshana Pramod Sawant. Speaking on the occasion  Sawant encouraged women to follow their passion and think out of the box. She also said that it is very important for women to be …

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Arvind Malkhede takes charge of Hubballi Railway Division

Vasco: Arvind Malkhede, an officer of Indian Railway Traffic Service (IRTS) of 1991 batch assumed the charge of Divisional Railway Manager of Hubballi Division on Monday. Malkhede has wide experience in train operations, Commercial Department of the Railways and General Administration posts in Railways.  He has also worked on deputation to Container Corporation of India (CONCOR) and IRCTC.  Prior to …

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