Author: Team Admin

Goemkarponn desk MARGAO: In accordance with Section 10A of the Employee’s Compensation Act, 1923, the contractor and the principal employer have been notified by the Labour Commissioner, who serves as the Commissioner for Employee’s Compensation, to provide the court with information about the four labourers who perished in the Verna accident. According to the notice, the workers’ deaths were caused by an accident that happened while they were working. Within 30 days of receiving the notice, the information must be submitted to the Labour Court. District and Sessions Court heard arguments regarding the bail requests filed by Mehboob Subani Shaikh…

Goemkarponn desk PANAJI: On Goa Statehood Day today, President Droupadi, Goa Chief Minister Pramod Sawant, and Goa Governor P.S Sreedharan Pillai extended their heartfelt wishes to the people of the state. Several other national leaders Amit Shah and Rahul Gandhi also wished the people of Goa on this historic day. On this day in 1987 when Goa became the 25th State of the Indian Union. President of India Droupadi Murmu in her message conveyed her greetings to all the residents of Goa. Goa is a land of great natural beauty and vibrant culture. “The people of Goa are known for…

Qualification for driving schools… — The accreditation process entails meeting specific requirements laid out by the Ministry of Transport. — These requirements include the possession of simulators, dedicated driving tracks, biometric attendance systems, qualified instructors, e-payment facilities, real-time evaluation, online evaluation processes, and adequate staff resources. — Additionally, accredited driving training centres must have two classrooms equipped with teaching aids such as computers and multimedia projectors for conducting theory classes on traffic rules and regulations, driving procedures, and public relations. Goemkarponn desk PANAJI: The recent announcement by the Ministry of Road Transport regarding the accreditation of driving training centres across…

Goemkarponn desk FATORDA: Goa Forward Chief Vijai Sardesai said that vote banks are taken into consideration when evaluating infrastructure projects in Margao rather than traffic or congestion. In response to the Center’s decision to reject the Comba flyover a crowded railroad crossing in favour of the Victor Hospital-La Flor flyover at Margao, Sardesdai declared that vote banks are required for the Margao flyovers. He said that it is now abundantly evident to Madgaonkars that Baba’s support base, rather than hard traffic data or empirical road management principles, was taken into account by the Double Engine Sarkar when approving the Victor…

MUMBAI: The Reserve Bank of India (RBI) on Wednesday barred the Edelweiss group’s asset reconstruction company from acquiring financial assets and security receipts (SRs), and also its non-banking financial arm from undertaking any structured transaction for wholesale exposure, other than repayment and/ or closure of accounts in its normal course of business. The Edelweiss Asset Reconstruction Company Limited (EARCL) has also been barred from reorganising the existing SRs into senior and subordinate tranches. The RBI stated that the action is based on material concerns observed during supervisory examinations, primarily arising from the group entities’ conduct. EARCL and ECL Finance were…

MUMBAI: As the marathon general elections draw to a close, India Inc is firming up strategies to raise fresh capital. The optimism surrounding the election outcome, capital expenditure (capex), and favourable valuations are key drivers behind listed firms’ plans to issue new papers. Adani Enterprises, the flagship firm of the Adani group, on Wednesday, had received board approval to raise Rs 16,000 crore in equity capital. A day earlier, power transmission company Adani Energy Solutions announced its plan to raise Rs 12,500 crore. In addition, drug major Torrent Pharma, solar power generation firm KPI Green, and Cello World — which…

Goemkarponn desk PANAJI: The peak power demand in the country touched a new historic high of 246 Gigawatts (Gw) around 3 pm on Wednesday afternoon. As the country, especially the northern region, sizzled with heat waves, the power demand shot up. It crossed the previous highest record of 242 Gw in September last year. During the current year, May has witnessed several power demand records. The country’s peak power demand touched 239 Gw earlier this month, which was the highest for May earlier. Additionally, several states also recorded their highest-ever power demand. Leading the pack is Uttar Pradesh where demand…