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Weak state capacity and bad labour laws make deadly cocktail

By DM Deshpande About half a dozen states in India, UP, MP, Gujarat, Karnataka, Punjab, Rajasthan and Odisha, have passed ordinance that have made certain provisions ineffective. More states are contemplating jumping into the band wagon. In the meanwhile, the Union government has assured the Parliamentary Standing Committee on Labour that it will strike down state level changes that have …

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Banks due for further stressed assets by March 2021, says RBI report

The RBI in the Financial Stability Report 2020, released on July 24 has said that, non-performing assets (NPAs) of commercial banks is likely to escalate by March 2020, and if the economic situation worsens further banks are likely to come under severe stress. Analysing commercial banks performance in 2019-20, the RBI report says that, slow moving improvements of commercial banks …

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Vedanta- Goa takes up ‘Back to Farming’ project

Vedanta Goa provided agriculture assistance to over 160 farmers in Amona, Navelim and Vagona under its flagship Back to Farming CSR project. The company said that, it facilitated cultivation of 47 ha of land by providing seeds, fertilizers, fencing of the fields, harvesting & ploughing support and irrigation support etc. Vedanta’s Back to Farming project is an on-going initiative as …

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MG Hector Plus launched at inaugural price of Rs 13.4 lakh

MG Motor India, launched the Hector Plus recently at an inaugural price of Rs 13.48 lakhs (ex-showroom, New Delhi). The vehicle is India’s first 6-seater internet SUV with panoramic sunroof. It will be manufactured at the company’s manufacturing facility at Halol near Vadodara.  The Hector Plus, comes with luxurious and comfortable captain seats in the middle row. The SUV looks …

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HDFC Bank offers instant online auto loans

To stimulate automobile demand, HDFC Bank is offering ZipDrive instant auto loans to customers across 1,000 cities across India.  ZipDrive is the bank’s instant auto loan disbursal product, exclusively for customers with pre-approved offer. The offering is now being extended to tier 2 and 3 cities. , such as Bhimavaram, Hardoi, Thalassery, and Balasore among other places, across India. According …

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Godrej Protekt initiates safe rail travel hygiene

Godrej Protekt the hygiene brand of Godrej Consumer Products partnered with Central Railway zone Indian Railways, to promote travel hygiene amongst passengers and rail employees. About two lakh  products from the brand’s latest range of hand sanitiser sachets, on-the-go disinfectant spray will be used in passenger trains for a safe travel experience. The brand’s air and surface disinfectant spray will …

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GIM on changes in the healthcare sector due to COVID-19

COVID-19 could be the catalyst for rapid changes in the healthcare sector which would have otherwise been witnessed a decade later, according to healthcare experts at webinar on The Role of Private Health Sector in a Public Health Emergency: Experiences and Lessons from COVID-19, organised by the Goa Institute of Management (GIM). “COVID-19 has surfaced as a wake-up call for …

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BMW ups service during pandemic crisis

To boost sales BMW India, launched service and maintenance packages for BMW and Mini car owners. The packages cover maintenance, inspection, wear-and-tear, repair, among others. A single attractive upfront payment covers an extensive range of services. Depending on their usage, customers have the flexibility to select a package and portfolio at a highly attractive pre-fixed rate. They also have the …

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National Commission rules against immigration consultants

By Adv. Jatin Ramaiya  Arshleen Grewal approached the National Consumer Dispute Redressal Commission, Delhi, seeking a revision of the judgement passed by the State Consumer Disputes Redressal Commission by which the State Commission rejected an appeal filed by her against rejection of her complaint filed before District Forum.   In her complaint Grewal had alleged deficiency of service against Worldwide …

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