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B & C

Move to decriminalize minor offences under SEBI

Coranavirus crisis is turning out to be a blessing for the companies breaking the rules with the finance ministry proposing to decriminalise minor offences relating to the Securities and Exchange Board of India Act.   The proposal is to help businesses tide over the crisis caused by the coronavirus outbreak. Some of the minor offences pertaining to investigation by market …

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New stimulus for economic revival from AatmaNirbhar Bharat

By Manguirish Pai Raiker The special economic and comprehensive package announced of Rs 20 lakh crores  equivalent to 10 per cent of India’s GDP is expected to build self-reliant India. The economic package announced by the Finance Minister called AatmaNirbhar Bharat Abhiyaan is based on the pillars of land, labour, liquidity and law. Focusing on these aspects the country needs …

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Ambitions of Made in Goa amidst pandemic

Entrepreneur Tirathprasad Nagvekar, Adec Technologies, wants to take the Atmanirbhar call seriously and start local manufacturing of body temperature measuring devices, finds out Shoma Patnaik The ongoing pandemic is motivating many Goans to make masks, sanitisers and protective gear to fight the infection. Entrepreneur Tirathprasad Nagvekar, Adec Technologies & Solutions, Corlim, built a body temperature indicator appliance.   The instrument …

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COVID-19 to disrupt dairy industry revenue in 2020-21: Report

Weak demand for value-added products (VAPs) following disruptions caused by the coronavirus pandemic is likely to lead to flat revenue growth for the Indian dairy industry in the current year, 2020-21, according to a report. Sales of value added products such as ice cream, cheese, flavoured milk, curd and yoghurt that are more profitable than liquid milk and account for …

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Learning from the wars

By Tensing Rodrigues We said last time that modest foresight based on a modest hindsight could be the best prescription for navigating paralyzing uncertainty. Today let me share with you a beautiful insight offered by McKinsey Global Institute in its May 14, 2020 dispatch. They look at the lessons that wars in the past could offer us in these trying …

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Not to pre-1991 days again, please

By DM Deshpande India’s Rs 20 lakh crore economic package is named as Atmanirbhar plan. The Prime Minister himself has articulated in his address to the nation that the aim is to build a strong, self reliant India. Before the idea of self reliance Make in India was the pet theme of the government. It continues to be so as …

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Designer face masks for Goa Police in ongoing COVID- 19 fight

With masks being recognized as absolutely essential in the prevention of coronavirus, Goan brand Nirvana is contributing towards the fight against the deadly disease by specially designing face masks for the Goa Police.   The trend setting T-shirt company recently designed and supplied 500 complimentary masks to the sub-division of police officers (SDPO) at Vasco and Panaji.  The mask matches …

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Companies cannot file consumer complaints

By Adv. Jatin Ramaiya Three Companies Clay Craft (India) Pvt. Ltd, Eklingji Industries Pvt. Ltd. A & B Ceramics Pvt. Ltd., approached the National Consumer Disputes Redressal Commission, New Delhi, assailing the orders passed by the District Forum and the State Commission in Rajasthan. The three companies had essentially filed their complaints seeking refund of money deposited with Rajasthan Small …

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Amazon India extends packaging free service to 100 cities

Amazon India said that, it achieved a milestone by minimizing packaging waste across its supply chain by expanding packaging- free  shipping (PFS) to over a 100 cities. Under the PFS initiative customer orders are shipped in their original packaging without any additional packaging or significantly reduced packaging. The service was first launched in June 2019 in nine cities now stands …

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BMW on road to making Chennai facility fully green

Notwithstanding the difficulties facing the automobile industry during the ongoing lockdown BMW Group is taking steps to making its Chennai plant become fully green by the end of 2020. Presently 40 per cent of the plant’s electricity requirements are through a 1350 kW solar photovoltaic system. BMW is working towards the plant becoming a 100 per cent green by introducing …

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