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B & C

Model Tenancy Act can boost rental housing, say experts

The centre’s proposed ‘Model Tenancy Act’ is a promising initiative that could boost rental housing in the country, say experts The Union Housing and Urban Affairs Ministry recently put the draft of ‘The Model Tenancy Act, 2019’ in public, for consultation. Reacting to the development,  Swapan Dutta, director (east) of property consultant Knight Frank, said, “It is a step in …

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How does sub-leasing work in commercial real estate

While sub-letting itself is not illegal, it may require a lot of care for both the tenant who is sub-leasing, as well as for the individual or company taking the premises on sub-lease. A look at all the intricacies involved from the point of view of both, the tenant and the party that is taking the premises on sub-lease. Tenant …

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Ban on registration of internal combustion intra-city buses likely from 2026

The government is plugging in all points to make electric mobility a reality. With each passing day, there seems to be a growing interest among various ministries to come out with some supporting policies to make the country a prime example for manufacturing and adoption of environment-friendly vehicles. The government is now planning to ban the registration of internal combustion …

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MG Hector deliveries begin in Goa

While the automobile industry is under recession, market response to the MG Hector is in the fast lane. In Goa few Hector’s are already on the roads and according to sources at the dealership, Priority Autolincs Pvt. Ltd (MG Goa), Taleigao, Goans are the enthusiastic to the brand. Recently the first few hectors were delivered by Parind Nachinolcar, managing director …

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Monsoon wild vegetables in demand

Monsoons are when leafy wild vegetables make their way from green patches around the hamlets to various markets in the state, discovers Bhiva P Parab With monsoons wild vegetables have started arriving in various markets of the state. There is good demand for these vegetables from residents as they are tasty as well as healthy. The monsoon is when leafy …

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Company secretary no more a cost centre but growth contributor, says ICSI president

Ranjeet Pandey, president, The Institute of Company Secretaries of India (ICSI), was recently in Goa to attend a conference. In the interview with Shoma Patnaik, he talks, of the company secretary transforming into a happening professional. The interview sheds light on several changes taking place in the profession With reforms affecting the way businesses are run, what is the position …

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BioNest support to Goan fledgling startups

BioNest, the startup incubator in BITS campus, Sancoale, is treading a different path in incubation with its focus on health and environment, discovers Shoma Patnaik Incubators are an integral part of the startup ecosystem. Their primary task is to support young entrepreneurs and bring the business idea to fruition. In Goa with the government keen on positioning the state as …

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Tinkering with tax rates is not a good idea

By DM Deshpande Now, the budget’s not so good provisions are coming to light. The FM has increased duties in respect of a number of goods, though, in her speech she maintained that they are just a few and are needed to ‘protect the home turf’. Actually, tariff barriers have been erected across sectors and in industries such as chemicals, …

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When the buffaloes fight

By Tensing Rodrigues ULIP is probably one of the most maligned retail financial product in the Indian market. Unit Trust of India launched the first ULIP in India in 1971; after the MF industry was opened for PSU entities LIC Mutual Fund launched a ULIP in 1989. Both these came from MF companies, and cannot be compared to the ULIPs …

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Copperleaf wins Restaurants award 2019

Copperleaf one of Porvorim’s most busy and well-frequented eatery bagged the Restaurants award 2019, for serving the best coastal cuisine. The award recognizes the restaurant for its splendid work in Goan and coastal cuisine in west India. Located near the NH-66 highway, Copperleaf is in business for three years and in a short span is already a household name for …

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