Mr. Dinabandhu Mohapatra takes charge as Managing Director & Chief Executive Officer of Bank of India

Bank of India has reduced its Marginal Cost of funds based Lending rate (MCLR)  from 8.50% to 8.40% with effect from May 7, 2017 Mumbai, May 8, 2017: The Government of India has appointed Mr. Dinabandhu Mohapatra as Managing Director and Chief Executive Officer of Bank of India, with effect from May 5, 2017. Bank of India has also reduced its Marginal Cost of funds based Lending rate (MCLR) by 10bps from 8.50% to 8.40% with effect from May 7, 2017. Prior to this Mr. Mohapatra was the Executive Director…

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Menino D’Souza takes charge as Director of Tourism, Govt of Goa

Mr. Menino D’Souza took charge as the Director at the Department of Tourism, Govt. of Goa, here on Monday, replacing Mr. Sanjeev C. Gauns Dessai. Mr. D’Souza who is also the Goa Excise Commissioner will hold additional charge of the post as Director of Tourism following the appointment of Mr. Sanjeev Gauns as Director of Vigilance. On taking charge today, Mr. D’Souza said, “It will be my endeavour to ensure that all policies and decisions pertaining to Goa tourism are executed in the right perspective and all functioning of tourism…

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GST rates will have no inflationary impact: Jaitley

Finance Minister Arun Jaitley today allayed apprehensions about rise in prices of goods and commodities after the roll out of GST saying tax rates will be kept at near current levels to ensure that there is no inflationary impact. Introducing four bills to give effect to the Goods and Services Tax, Jaitley said preparations to roll out the new tax regime is nearing completion and the process to classify categories of commodities will start next month. The aim of the GST Council is to decide everything relating to the tax…

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Dena Bank holds an Extraordinary General Meeting in Mumbai

An Extraordinary General Meeting of the shareholders of the Bank was held in Mumbai, on 27-03-2017 in which, shareholders approved issuing of Equity Shares up to Rs. 793 cr (including premium) to Govt. on India, Life Insurance Corporation of India and General Insurance Corporation of India, on preferential allotment basis.

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Thomas Cook India goes Local to target the strong leisure segment in smaller catchment markets

Thomas Cook (India) Ltd. India’s leading integrated travel and travel related financial services company, in a focused initiative to capture smaller, yet high potential local leisure markets, has conceptualized a unique customer outreach- going local- right to its customer’s doorstep. To delight its high potential Mumbai based customers, and drive conversions, the Thomas Cook India’s special Weekend Mega Holiday Sale, an on-ground activation across 5 key catchment localities between  March 25-26, 2017, saw unprecedented response: over 3000 walk-ins and bookings of over 550 holidays to popular destinations like Europe, Asia…

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Pedal for the Planet 2017 – Cyclothon-Walkathon to raise awareness about climate change

WWF-India, in association with Canara HSBC Oriental Bank of Commerce Life Insurance today hosted Pedal for the Planet 2017, a Cyclothon and Walkathon to celebrate the world’s largest grassroots environmental campaign – Earth Hour 2017. Earth Hour 2017 celebrates a decade of climate action with people from more than 7000 cities across the globe set to take a stand against climate change by celebrating Earth Hour 2017. In the last ten years, Earth Hour has gone from being a token switch-off event to becoming the largest voluntary movement ever witnessed…

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Dena Bank Celebrates International Women’s Day

Dena Bank has celebrated International Women’s Day on 8th March, 2017. Bank’s Chairman & Managing Director, Shri Ashwani Kumar and Executive Directors Smt. Trishna Guha and Shri Ramesh Singh graced the occasion. On the occasion Shri Ashwani Kumar said that Bank in its endeavour towards Women Empowerment has extended around 26,668 Mudra Loans to Women Entrepreneurs & around 125 loans under the Stand Up India Scheme. Bank has also provided Scholarships under Dena Laxmi Shiksha Protsahan Yojana to around 2400 Girl children from BPL families. Mr. Kumar also informed that…

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Bank of India observes Security Awareness Week

Bank of India observed Security Awareness Week from 27.02.2017 to 03.03.2017. The campaign to sensitize the Bank’s staff on security related matters in the Bank is being undertaken since the last 4 years. The Awareness drive kick started with the inaugural address given by Mr. Melwyn. O. Rego, MD & CEO who exhorted all staff of the Bank to observe all the laid down policies by the Security Dept, in letter and spirit. Mr. Rego also released the revised and updated Security Manual of the Bank. Lot of competitions were…

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Thomas Cook to add regional gist to its international tours

Thomas Cook is well established brand in international tours and is way ahead of its competitors by huge margins. Its high purchase prowess enables it to pass on best bargain to its customers. Company wants to work towards changing customer’s perception of it being international company which caters only to esteem customers. Tours being an intangible product, Thomas Cook feels that the perception of customers will only change after experiencing the packages offered by the company. Thomas Cook believes in creating memories for life. Company is further looking forward to…

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Budget Comments from Mr. Ashok Chhajer, CMD, Arihant Superstructures Ltd.

We thank our Hon. Finance Minister Mr. Arun Jaitley and Hon. Prime Minister Mr. Narendra Modi for a fabulous budget favoring the Housing and Real Estate Sectors. With this, we will realize our Prime Minister’s dream project of the “Housing for All” by 2022. Arihant Superstructures Limited which has a dominant presence in Mumbai MMR, Navi Mumbai and Jodhpur is constructing affordable housing projects consisting of more than 5000 units at these location, pledges to be a responsible partner in this journey towards “Housing for All” Honourable Finance Minister’s announcement of reducing the Long Term Capital Gains…

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