SKICC clocks `2 cr revenue in '10-11

GK BUSINESS REPORTER

Srinagar, May 11: The state-of-the-art Sher-e-Kashmir International Convention Centre (SKICC) on the Dal banks here has registered record gross revenue of Rs 203.67 lakhs for 2010-11. The SKICC which during the last financial year hosted many conferences and events registered the record revenue More

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BSNL to extend broadband in rural areas

GK NEWS NETWORK

Jammu, May 11: Here is some good news for the Valley net users. Endeavouring to expand its broadband service, the BSNL has signed a pact with Universal Service Obligation Fund (USOF) under Rural Wire-line Broadband Scheme to provide wire-line broadband connectivity to rural and remote areas.   More

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Ganderbal becomes hub of wicker works

SHEIKH NAZIR

Ganderbal, May 11: It may not figure anywhere on the industry-map of J&K, yet a different type of manufacturing activity is flourishing in and around this district. With a large number of people entering into this sector, the district is fast becoming a manufacturing hub of wicker products.
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CHMPO office bearers administered oath

GK NEWS NETWORK

Srinagar, May 10: The Chamber of Hot Mix Plant Owners, Nawgam, Bye-Pass, here, held an oath ceremony on Tuesday. Election Commissioner Suhrab Iqbal administered the oath of office to the recently elected office-bearers of the Chamber.  Those who took oath included Mir Muhammad Farooq Lasjan More

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Beware of bogus money offers from abroad: RBI advisory

Don’t fall prey to fictitious funds, lotteries, winnings

GK NEWS NETWORK

Srinagar, May 11: The Reserve Bank has issued an advisory cautioning general public against responding to offers of moneys from abroad. The Bank said such offers are fraudulent and advised the public to immediately register a complaint with the local police/cyber crime authorities when they receive More

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Hyundai's all new 'Verna' to start at `6.99 lakh

PRESS TRUST OF INDIA

New Delhi, May 11: The country's second largest car maker Hyundai Motor India today launched the new version of its sedan 'Verna', in both diesel and petrol options at an introductory price between Rs. 6.99 lakh and Rs. 10.75 lakh (ex-showroom Delhi). "We are confident that all new 'Verna More

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CII sees GDP at 8-8.5 pc, says inflation a worry

PRESS TRUST OF INDIA

Mumbai, May 11: India's GDP is projected to grow at 8-8.5% in 2011-12 though inflation remains a concern, a leading industry body said. "We estimate the GDP growth at 8.0-8.5% in 2011-12. Even with moderation in growth, India will remain one of the fastest growing countries in the world," More

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ACCOUNT OPENING ISSUES

Straight Talk By Sajjad Bazaz

Recently I went to a bank branch to open a simple Savings Bank Account. The bank officer on the counter gave me an account opening form and he insisted me to comply with KYC norms and only then account will be opened. Even though I sought details of KYC norms, he avoided me by saying that More

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All high-value M&As will need CCI nod from June 1

PRESS TRUST OF INDIA

New Delhi, May 11: All high-value merger and acquisitions with combined turnover of Rs 4,500 crore or more will require approval of competition watchdog CCI from June 1, with an object to safeguard interest of consumers and promote industrial growth. "We have exempted routine merger and acquisition More

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