Sunday, April 23, 2017
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Ford extends its sales, service reach in J&K
JAMMU, Apr 21: Committed to elevating the ownership experience, Ford India extended its sales and service reach in Jammu and Kashmir region with the inauguration of Tawi Ford in Jammu. Led by Ashiq Wani, dealer principal, Tawi Ford will be located at Bachiter complex, Channi Himmat, NH1-Bypass in Jammu and support customers on Sales, Service, and Spares (3S). Built following the Ford guidelines, the new dealership is spread over 19,100 square feet with Service facility being fully equipped with 16 service bays to deliver a differentiated after sales experience. Inaugurating the new facility, Anurag Mehrotra, executive director, Marketing, Sales, and Service, Ford India said, “With our world-class product portfolio and surprisingly affordable service, we are committed to delivering a...
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Forget long queues at fuel stations!
You may soon get home delivery of petrol and diesel
NEW DELHI, Apr 21 (Agencies): New Delhi: Government is considering a plan for home delivery of petroleum products to consumers if they make a pre-booking, the oil ministry tweeted on Friday. The ministry further said that the move is aimed at cutting long queues at fuel stations. Additionally, come May 1, you will have to pay new price for petrol and diesel every day in sync with international rates, much like what happens in most advanced markets. To begin with, daily revision of fuel prices will be implemented in Puducherry and Vizag in southern India, Udaipur in the West, Jamshedpur in the East and Chandigarh in the North. State fuel retailers currently revise rates on 1st and 16th of every month based on average international price of the fuel in the preceding fortnight and curren...
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JK Bank hires Delloitte as their overhaul Consultants
Consultancy Engaged for remodeling organizational dimensions-Chairman
JAMMU, Apr 20: JK Bank today entered into an agreement with M/S Delloitte thereby engaging them as their consultants for providing consultancy services on Business Plan Strategy and Organisational Transformation through Business Process Re-Engineering, IT Intervention, Career and succession planning and several other innovative initiatives. On behalf of J&K Bank the agreement was signed by Surjeet Singh Sehgal, Executive President, while as Sanjoy Datta, Partner Delloitte Touche Tohmatsu India LLP signed on behalf of Delloittee in presence of the associated officials from both organization. Delloite is the UK Incorporated and New York Headquartered largest Auditing and Management Consultancy Firm in the World with revenues of USD 12 billion and 57000 practitioners on its rolls. It has ...
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Oil ministry slams petrol pump operators' move to close fuel outlets on Sundays
NEW DELHI, Apr 20 (Agencies): The petroleum ministry has denounced the decision of a section of petrol pump operators, mostly in South India, to keep outlets shut on Sundays, saying such a move will inconvenience the general public. It took umbrage at the Consortium of Indian Petroleum Dealers using Prime Minister Narendra Modi's appeal of not using fuel for a day to help cut India's import dependence, saying it was aimed at conserving fuel and not for petrol pump owners to remain shut. Already, the All India Petroleum Dealers Association, which claims to represent 80 percent of the 53,224 petrol pumps of public sector oil firms, has said it is not participating in the closure exercise. Southern states of Tamil Nadu, Kerala, Puducherry, Andhra Pradesh, Telangana, parts of Karnataka -- ...
Kashmir Times News Report
Govt approves Rs 3,000-crs to buy paper trail machines; VVPATs to be used with every EVMs in 2019 polls: EC
DELHI, Apr 19 (Agencies): The Election Commission said on Wednesday that it will closely monitor production of Voter Verifiable Paper Audit Trail (VVPATs) for timely delivery well before 2019 General Elections. "Commission will ensure total compliance of orders of SC and its commitment to use VVPATs with every EVM at all poll stations in 2019 polls," the EC was quoted as saying by agencies. The Union Cabinet on Wednesday approved the EC's proposal to buy paper trail machines for electronic voting machines (EVMs), Finance Minister Arun Jaitley said. Talking to reporters after the Cabinet meeting, Jaitley said a total of 16,15,000 Voter Verifiable Paper Audit Trail (VVPAT) units would be needed for the EVMs as per the Election Commission estimates. "The Election Commission had been con...
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RBI opens new banking ombudsman office in Jammu
NEW DELHI, Apr 18: The Reserve Bank of India (RBI) has opened a new ombudsman office in Jammu as part of its efforts to expand banking grievances complaint cells across the country. Earlier, the banking services related complaints from entire Jammu & Kashmir used to fall under the jurisdiction of New Delhi-I banking ombudsman office. There are two banking ombudsman offices in New Delhi. There has been a significant increase in banking network during the recent past and the New Delhi office covers a large jurisdiction, RBI said. “The Reserve Bank has set up an office of the banking ombudsman for the state of Jammu and Kashmir at Reserve Bank of India, Jammu,” it added. The office in Jammu will have the jurisdiction over entire Jammu and Kashmir which was under the jurisdiction of the...
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ED issues notice to Karti Chidambaram for Forex violations
NEW DELHI, Apr 17 (Agencies): The Enforcement Directorate (ED) has issued a show-cause notice to Karti Chidambaram and a firm purportedly linked to him for alleged violations of the FEMA laws to the tune of Rs 45 crore. The agency also issued a similar notice, after over two years of investigations, to another firm M/s Vasan Health Care Private Limited, which is based in Chennai, for alleged forex violations of Rs 2,262 crore. "The total amount of contravention identified on different counts and found to have been committed by M/s Advantage Strategic Consulting Private Limited in the sale transaction of shares of Vasan (Chennai firm) to overseas investors is around Rs 45 crore. "Show-cause notice has been issued to M/s Advantage Strategic Consulting Private Limited, its directors and a...
Kashmir Times News Report
Narada Sting: CBI books 13 TMC leaders including MPs, ministers
NEW DELHI, Apr 17 (Agencies): Thirteen Trinamool Congress (TMC) leaders including MPs and ministers in West Bengal government have been booked by the CBI for corruption in the Narada sting case where they were allegedly caught on camera taking money. The agency has registered case of alleged criminal conspiracy and corruption against Rajya Sabha MP Mukul Roy, Lok Sabha MPs Sultan Ahmed, Saugata Roy, Kakoli Ghosh Dastidar, Aparupa Poddar, among others, CBI sources said. The case has been registered on the completion of preliminary enquiry (PE) by the CBI, they said. The PE was registered on directions of a division bench of the Calcutta High Court, comprising acting Chief Justice Nishita Mhatre and Justice T Chakraborti. The Narada sting tapes, which were released to different news orga...
Kashmir Times News Report
Air India to fine ‘unruly passengers’ up to Rs 15 lakh
NEW DELHI, Apr 17 (Agencies): In a bid to crackdown on unruly passengers, Air India has formulated new rules, under which it proposes to impose a fine of up to 15 lakh for causing a delay beyond 2 hours. The latest rules come less than a month after Shiv Sena MP Ravindra Gaikwad assaulted a staffer of the national carrier at the airport here. Under the new rules, for a delay up to 1 hour, a fine of Rs 5 lakh will be imposed. In case the delay is between 1 to 2 hours, a fine of Rs 15 lakhs will be imposed and for any delay beyond 2 hours, the passengers will have to pay Rs 15 lakhs as fine. Since the incident of Shiv Sena MP Ravindra Gaikwad assaulting an Air India staffer last month, the national carrier as well as the government have been exploring ways, including a no-fly list to bol...
Kashmir Times News Report
Indus river irrigation projects miss deadline
NEW DELHI, Apr 16 (Agencies): Three irrigation projects in the Indus river basin in Jammu and Kashmir, which were supposed to be completed by March this year, have missed their deadline, a top government official has said. These projects are part of the 23 irrigation works the government had prioritised to complete by the end of the previous fiscal under two central schemes. While the remaining ones are nearing completion, sources said the Tral irrigation project in Pulwama, Prakachik Khows canal project in Kargil, and the modernisation of Ravi Canal in Jammu have failed to meet the deadline. According to the official, the Tral project was delayed after the Jammu and Kashmir government decided to review it. The official, however, did not elaborate on why the review was being done. "Th...
Kashmir Times News Report
2 seismological observatories to be set up in J&K
NEW DELHI, Apr 16 (Agencies): As many as 31 new seismological observatories will come up in the country by the year end to boost information gathering capability on earthquakes. The observatories generate ground motion data recorded by the digital seismography used for estimation of data and other earthquake parameters. The National Centre of Seismology (NCS), a unit of the Ministry of Earth Science, will install five observatories in Uttar Pradesh, four each in Bihar and Haryana, three each in Himachal Pradesh and Delhi, two each in Jammu and Kashmir, Rajasthan and Madhya Pradesh and one each in Uttarkhand, Jharkhand, Punjab, Chhattisgarh, West Bengal and Lakshadweep. The NSC maintains a National Seismological Network (NSW) comprising 84 seismological laboratories across the country. ...
Kashmir Times News Report
Amid row over Jadhav, India cancels maritime talks with Pak
NEW DELHI, Apr 15 (Agencies): India has called off maritime security dialogue with Pakistan, scheduled for early next week, amid tensions over death sentence being awarded to Kulbhushan Jadhav on charges of spying. A delegation led by Pakistan’s Maritime Security Agency (MSA) was to visit New Delhi April 16-19 to discuss issues related to fishermen and search and rescue operations. Coast Guard sources said the Ministry of Defence has not given clearance for the delegation’s visit. The development comes amid tension between the two countries over Jadhav, a former Indian naval officer, being awarded death sentence by a Pakistani military court. India has said if Jadhav were to be executed, it will be considered as a “premeditated murder”....
Kashmir Times News Report

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