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B & C

Significant decline in bank credit in December 2019

Reflecting the slowdown in the economy, bank credit growth declined sharply in December 2019, finds out Shoma Patnaik A Reserve Bank of India (RBI) study on bank credit reveals no revival in the demand for funds from user sectors. On the contrary there is sharp deceleration in the pace of bank credit during the last month of the previous year.  …

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Smartphone market booms

It may be man or woman and young or old, everyone wants to have a Smartphone these days. Smartphone users are increasing and in future the figure will only grow higher, says Bhiva P Parab In today’s fast moving life, a mobile phone has become a necessity for nearly all people. Flaunting a snazzy mobile is become a fashion statement …

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Kineco set for good show

Pilerne based Kineco Ltd., is one of the few Goan companies to bag mainstream defence orders. The company plans to make a splash in Defexpo 2020, finds out Team B&C Kineco Ltd., is gearing for Defexpo India 2020. The four-day mega defence exhibition is being held in Lucknow from February 5- 9, and Kineco along with its subsidiary, Kineco Kaman …

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Corporate tax cut to mostly benefit large companies: Survey

The steep cut in corporate tax rate will benefit large companies the most as smaller ones were already paying lower rates, said the Economic Survey 2019-20.   Finance Minister, Nirmala Sitharaman had in September last year announced the lowering of the base corporate tax rate to 22 per cent from 30 per cent for companies that do not seek exemptions …

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Taj group set for new hotel launch in Dona Paula

A new Taj hotel property is opening shortly in Dona Paula, besides Cidade De Goa. The 299-room, Taj Hotel and Convention Center is positioned as an urban convention hotel in resort setting and is tentatively scheduled for February 14 unveiling.   The Valentine Day opening though is likely to be on invitation only while the formal launch is couple of …

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Strategic sale of Air India is a welcome step

By DM Deshpande This is the second attempt by NDA Government at disinvestment and strategic sale of premiere public sector airline Air India (AI). Its first attempt in 2018 did not elicit any bid from prospective buyers. It appears from the information memorandum document released by the government that efforts have been made to sweeten the deal. This time around, …

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Indian Oil among world’s top 500 brands

Indian Oil Corporation (IOC) entered the coveted list of the global 500 world’s most valuable and strongest brands for the year 2020. The list was released at the World Economic Forum in Davos by Brand Finance, an independent brand valuation consultancy. There are only 11 Indian brands in the coveted list and IOC is the only brand from India in …

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Financial planning simplified

The CII Indian Women Network (IWN) Goa, organized a session on financial planning recently. With a financial plan in place it is easier for individuals to make financial decisions and stay on track to meet future goals. The sessions aimed at simplifying and understanding the importance of a few products. Over 50 companies participated in the programme and learnt the …

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Lemiride, a bike rental aggregator launched

Lemiride a bike rental aggregator platform, launched in Goa on January 26. The launch was synchronised in 18 cities. In Goa a networking session was held at Dona Paula. It was attended by stakeholders from various travel related ventures. Lemiride is promoted by entrepreneurs Preetesh Rane, and Chirayu Mishra, who aim to cater to two types of customers, individuals who …

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Apollo Tyres partners with Man Utd to encourage football talent

Apollo Tyres, the global tyre partner to Manchester United, launched the United we Play programme to encourage young football talent from across the country. Talented kids will be trained by the Manchester United Soccer School (MUSS) coaches, with the best performers receiving once in a lifetime opportunity to train with the Manchester United’s U-18 team, which will be visiting India …

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