-The Business Standard Since cities have little money to cover operational costs of running buses, they do not invest in new buses or modern infra Liquor baron Ponty Chadha and his brother – both died recently in a fratricide – had another business that is not widely known. They had acquired the concession to run public transport buses in Delhi — three clusters with a combined fleet of 600-odd vehicles. Even before...
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'Majority of working women in India feel unsafe after dark'
-PTI Majority of women surveyed by Assocham said they feel unsafe, especially during night shifts, in all major economic hubs across the country. Most of them are employed in sectors like BPO/ITeS, hospitality, civil aviation and nursing homes, it said. "About 92 per cent of working women feel insecure, especially during night in all major hubs of economic activities across the country especially in key segments such as BPO/ITeS, hospitality, civil aviation...
More »‘Cash transfer scheme a game changer for banks’
-The Hindu It will bring many customers into banking fold: Andhra Bank CMD Hyderabad: Andhra Bank Chairman and Managing Director B. A. Prabhakar on Sunday said the cash transfer scheme of the Central government was a game changer for banks as it would help bring a large number of retail customers into the banking fold. The scheme had the potential to bring about a second revolution in the industry after nationalisation of banks...
More »Loans at 7% to Women SHGs From 2013: Ramesh
-Outlook Hyderabad: Union government is all set to provide loans to women self help groups (SHGs) at the rate of seven per cent from April 1 next year and at four per cent to the target group in 150 selected districts, Union Minister for Rural Development Jairam Ramesh announced here today. "Loans will be extended to Self Help Groups at 7 per cent from April 1 while in another 150 districts, selected...
More »Weft and warp of a crisis-Vivek S & Aseem Shrivastava
-The Hindu Though more people in India are in the textile sector, than in any other of the economy, bar agriculture, hostile and indifferent government policies are giving it short shrift Handloom weavers from all over the country are on a 72-hour hunger strike at Jantar Mantar in New Delhi from today in protest against the government’s textile policy. The protest is led by Rastra Cheneta Jana Samakhya, the State Handloom Weavers’...
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