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B & C

Airline must compensate for loss of baggage

By Adv. Jatin Ramaiya In a major relief to Rajesh Bhargava, resident of Shimla and consumers like him who suffer loss of bagage during air travel, the Delhi State Consumer Commission directed British Airways to pay Rs 1 lakh compensation for losing a bag of Bhargava, a passenger who was flying to London eight years ago.

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SAIL’s Diwali fireworks

Cost optimisation, modernisation and expansion measures at SAIL are beginning to pay off, with the largest steelmaker posting a 20 per cent growth in sales during April-October period. The Maharatna’s consolidated sales increased 20 per cent to 7.52 million tons during the first seven months in 2016-2017, company officials said.

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BMW’s green feat in electric cars

BMW has achieved another feat and this time around it’s ‘green’ in aura. Since the inception of the BMW ‘i’ range in November 2013, the Munich-based company has sold over 1,00,000 electrified cars across the globe.

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Colorful marigold flowers in Diwali

Marigold flowers are hugely in demand in Goa during festivals. Despite purchases in robust quantities by residents there is no encouragement to grow them in the state, finds out Shaikh Jamaluddin

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Prescription for success

  The National Pharmacy of Bicholim, established by renowned Marathi writer and advocate late Jaivantrao Sardessai in March 1937, which was earlier known as ‘Farmacia National’ will complete 80 years since its inception, in March 2017.

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OPEC officials fail to agree on curb in oil supplies

OPEC officials meeting in Vienna to work out the details of their plan to reduce oil production failed to reach agreement after hours of talks amid objections by Iran which has been reluctant to even freeze its output. The High Level Committee of experts will meet again in Vienna on November 25 ahead of the next meeting of OPEC ministers …

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Slowing savings rate threaten India’s growth story

While dreams are of India taking the baton of growth from China, a decelerating in savings rate is flashing a warning sign. Gross national savings as a percent of the gross domestic product is likely to slip to 30.2 percent this year, the lowest since 2003. It may fall further over the next two years according to forecasts by the …

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‘Investor population in Goa can go up manifold’

Franklin Templeton Investments senior management came down to Goa last week for the opening of the first branch office in Panjim. Here Peshotan Dastoor, national sales director, India, speaks on a range of issues relating to the Goa market for mutual funds, its customer mix, prospects of the industry in India, etc. In an interview to Shoma Patnaik, he says …

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