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EPFO dues surge to Rs 9,115 crore on fiscal pressure

The central government’s statutory dues to the state-run retirement fund manager Employees’ Provident Fund Organisation (EPFO) has ballooned to Rs 9,115 crore, reflecting the rising pressure on government finances.  The cumulative arrears to the EPFO are only till the end of March and have increased since then, a senior government official said on condition of anonymity.   Of the total …

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Where common sense fails in investments

By Tensing Rodrigues Let’s say we are in the fish market. And we see a big crowd around one vendor. It is but natural to be tempted to head to that place to find out. The underlying assumption in our mind that drives us is that there could be some good fish being sold or for a good price. Our …

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Robust response to GITM 2019

The two-day Goa International Travel Mart (GITM) at the  Dr Shyama Prasad Mukherjee Stadium, Taleigao, showcasing Goan tourism concluded with a flourish on October 25. The festival drew travel companies, hoteliers,  those  engaged in eco tourism, adventure, wildlife, nightlife, event managers, wedding planners, among others showcasing the tourism investment potential in the state. A total of 93 attractive pavilions  were  bustling …

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Dealers’ meet by Jai Ganesh Ispat

A special dealer meet was organized for JSW NEO TMT, by Jai Ganesh Ispat (JGI), distributor. The event commenced with the lighting of the lamp by Siddharth Goyal, director, JGI,  Sandesh Shetty, area sales manager, Goa and North Karnataka, Sanjay Patil, Siddesh Narvekar and Purshottam Khadilkar, JSW Connect . JSW Group plays a key role is ranked amongst India’s top …

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Nand Bhatt, Vedanta bags young manager of the year award

Nand Kishore Bhatt, head security, Vedanta, Goa, bagged the Young Manger of the Year, 2019 award from the Goa Management Association (GMA). It is for the first time that the award is been bagged by a security professional in the state. The award was presented during the GMA annual day function on October 15. The award is for people who have …

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SBI debit card EMI on POS machines

With an aim to increase business during the ongoing festival season, State Bank of India (SBI) launched Debit Card EMI facility for its existing customers. Under this service, consumers can opt for an EMI tenure of minimum 6 months to 18 months. They can buy the products at over 40000 merchants and stores in about 1500 cities having Pine Labs …

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Goans Khandeparker and Mesquita win Praxis awards

Praxis Media, in association with Healthcare Leaders announced the prestigious National Healthcare Excellence Awards, 2019, to celebrate and honor around 55 winners at five different levels for their continuing commitment to excellence, developing best practices and innovative strategies for the growth of the healthcare sector. The award function was at New Delhi amidst members of the healthcare sector. The event …

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Untruthful consumer shown the door by Consumer Court

By Adv. Jatin Ramaiya In a recent decision, the District Consumer Disputes Forum, North Goa, held that a consumer who approaches the Forum expecting justice and enforcement of rights is liable to divulge all material facts and also state facts truthfully. In an complaint filed by Rodrigues from Tiswadi, the Forum said,  “Keeping in mind the above objectives of bringing …

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BSH Home Appliances crosses million milestone sale

BSH Home Appliances Group, one of Europe’s largest home appliances manufacturer recently completed sales of its one millionth washing machine unit in India. The company claims a huge surge coming from the metro cities in south India and the smaller towns that are now openly accepting front load washing machines. BSH entered the Indian market in 2010. The company started …

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‘Goa and Maxxis are a natural fit to each other’

A new showroom of Maxxis Tyres opened in Margoa recently. It is the first exclusive retail outlet of the company in India. Here Bing-Lin Wu who visited the state talks of the company’s plan for increasing overall market share in the Indian tyre industry.  The interview by Shoma Patnaik covers the Goan market situation among other issues.  Maxxis opened its …

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