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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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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Shigmo festivities to begin in Goa from March 14 – 27, 2017

Goa’s biggest religious Hindu festival will kick-start on March 14 and will continue in various rural parts of Goa, spanning over a fortnight, with different days earmarked for celebrations in different areas. The float parade will begin at Ponda on 14th March 2017. The city of Panaji will witness the float parade on 18th March 2017. The float parade will end in Pernem and Sanquelim on 27th March, 2017. Thousands of tourists are expected to visit the state to witness the spectacular Shigmo parades. The Shigmo parades are known for…

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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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Comments of Shri Melwyn Rego MD & CEO, Bank of India on Union budget 2017-18

Pro-growth Budget with fiscal prudence As a departure from the past, both the Union Budget and Rail Budget have been merged and distinction between Plan and Non-Plan expenditure have been done away with. Union Budget for FY 2017-18 is pro-poor, pro-farmer, pro-small business and pro-infra while maintaining fiscal prudence and being pro-growth. It remains true to its dictum to Transform, Energise and Clean India. It ushers India to the cusp of a digital revolution.  The Budget gives further stimulus to education, skill development, healthcare and housing. It aims at introducing…

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Mastercard to tap growing Indian e-commerce market

Identifying India as one of the fastest growing e-commerce nations, Mastercard has said it will expand its investment by over 30 per cent in tune with the Indian government’s “digital India” initiative. “India is one of the top priorities in the region. We have increased our investments in India by over 30 per cent in the last two years and we are going to increase it even more,” Sam Ahmed, Mastercard’s senior vice-president of marketing for Asia Pacific, told PTI here. Ahmed indicated that Mastercard’s, one of the world’s largest…

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Budget 2017-18 may look to soften note ban woes by tax relief

Finance Minister Arun Jaitley will on Wednesday present his fourth and perhaps the most challenging Budget that may look to soften blow of currency ban with tax and other sops as he seeks to revive growth. While largely sticking to fiscal consolidation roadmap, Jaitley will present the Budget for 2017-18 amid strong headwinds caused by government decision to invalidate 86 per cent of the currency and the newly elected US President making protectionist noises. Topping the list of sweeteners could be the hike in Income Tax exemption limit to Rs…

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“Stationery World 2017 all set to make it’s mark,” says Amrut Shah of Sundaram

Sundaram, a brand synonymous with notebooks for students in Maharashtra, Goa and Gujarat, was started by Mr. Amrut Shah from survival point of view. His dedication and determination to give best quality and innovative products to its end users itself explains his journey towards success. Today Sundaram is a successful and well recognized brand which sells its products to more than 15000 shops. Mr. Amrut Shah is a part of advisory board in FMSMTA and is one of the key founding member of this federation. He feels being part of…

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