Technology and Innovation News Updates

Watch Majithia का बयान, Khaira को नहीं विरोधी पक्ष के नेता होने का अधिकार - News/Politics Video Uploaded by - PunjabKesari TV (video id - 748078)

Friday, November 3 2017

Watch Majithia का बयान, Khaira को नहीं विरोधी पक्ष के नेता होने का अधिकार - News/Politics Video Uploaded by - PunjabKesari TV (video id - 748078)

Duration : 01:46 Description: विरोधी पक्ष के नेता सुखपाल सिंह खैहरा के ख़िलाफ़ फाजिल्का कोर्ट की तरफ से इंटरनेशनल ड्रग तस्करी मामले सम्बन्धित भेजे गए संमन को लेकर अकाली दल और भाजपा के नेताओं की तरफ से विधान सभा के स्पीकर को ज्ञापन सौंपा गया।Watch Majithia का बयान, Khaira को नहीं विरोधी पक्ष के नेता होने का अधिकार With HD Quality TAGS:

260000 Towers Up For Grabs As Telcos Look To Repay Debt And Boost Network

Monday, November 6 2017

260000 Towers Up For Grabs As Telcos Look To Repay Debt And Boost Network

Two in three cell towers in the country are up for sale as their owners, mostly telecom companies, try to repay their debts and upgrade networks. Over 65 percent of the 4 -odd cell towers have been put on the block, according to some estimates, by Bharti Airtel, Vodafone, Idea Cellular, and Reliance Communications, apart from independent tower companies GTL Infrastructure and Tower Vision. Bharti Airtel announced on Tuesday that it would consider selling its stake in Bharti Infratel to private investors, a move that might give them a controlling interest in the tower infrastructure firm. On the other side of the table are three big buyers — private equity fund KKR along with consortium partners, American Tower Corporation (ATC), and global asset management company Brookfield — scouting for attractive deals in what is clearly a seller’s market. Analysts reckon they will fork out around Rs 90,000 crore — averaging out the lowest and highest prices — to buy cell towers. The value of each cell tower, according to private equity funds, varies from Rs 30 lakh to Rs 70 lakh, depending on the number of tenants and the length of the contracts. For telecom companies, the monetisation of their cell towers will help repay debt and finance the expansion of 4G LTE services, where they are battling the onslaught of newcomer Reliance Jio. For Reliance Communications, selling the towers is integral to its Rs 45,000-crore debt restructuring plan. The buyers see this as a stable business, especially after consolidation in the telecom industry, with assured 8-10 percent long-term returns on investment annually. As telecom companies expand their data networks, buyers expect renewed demand for cell towers from Reliance Jio and Bharti Airtel. Reliance Jio is planning to increase its tower infrastructure from 175,000 — of which it owns 60,000 —to 250,000 in the next few months. With about 185,000 towers, Bharti Airtel is also expected to put up more to ensure there is no gap with Reliance Jio. And as 5G networks roll out over the next few years, telecom companies will need more towers to enable higher speed data. ATC, which control Viom Networks with a 51 percent stake, has over 60,000 towers. About 40 percent of Viom Networks’ business is derived from Tata Teleservices and Telenor, both of which have sold their businesses. Sources said Tata Teleservices’ buyer, Bharti Airtel, would retain at least half the tenancies. Viom Networks also has an assurance that Tata Teleservices will pay Rs 6,000-7,000 crore for the residual life of its contract that ends in 2023. ATC is in talks to buy 20,000 towers owned by Idea Cellular and Vodafone, according to sources, which, if successful, could neutralise the loss arising out of the Tata Teleservices development. Brookfield, too, is interested in these towers. And both are looking at smaller players like Tower Vision and GTL Infrastructure, which together have 37,000 towers. ATC did not comment on the developments, and Tower Vision did not respond to an email. The GTL Infrastructure spokesperson pointed out the company had received expressions of interest from 19 investors. Brookfield is also revaluing its offer to buy Reliance Infratel after the failure of Reliance Communications’ merger with Aircel. Reliance Communications has also decided to stop providing 2G services, which means fewer tower tenants for the buyer. Expectations are, a deal with over 43,600 towers, in which Reliance Jio is a key tenant, could go through for anything between Rs 8,000 crore and Rs 13,000 crore for a 100 percent stake. Earlier, Brookfield had valued Reliance Infratel at over Rs 20,000 crore. KKR and a consortium of partners already hold 10.3 percent equity in Bharti Infratel, which has announced it is planning to increase its 42 percent stake in Indus Towers by buying shares from partners Idea Cellular, Vodafone, and Providence Equity Partners. Analysts said once Indus Towers became a wholly owned subsidiary of Bharti Infratel, the KKR-led consortium could increase its stake substantially, make an open offer and take a controlling interest in Bharti Infratel. In the process, it will control over 160,000 cell towers across the country, with a 40 percent share of the market. – Business Standard Twitter

How to Stop Your iPhone From Autocorrecting

Monday, November 6 2017

How to Stop Your iPhone From Autocorrecting "i" to "A"

How to Stop Your iPhone From Autocorrecting "i" to "A" Emily Price, Gawker Media Nov 6, 2017, 04.16 AM IST Facebook Twitter WhatsApp Google+ Linkedin Reddit Image credit: Pexels If you updated your iPhone to iOS 11.1 you maybe have noticed a weird bug: your iPhone or iPad autocorrects the letter i to an A with a crazy symbol beside it. It's annoying, makes typing messages a pain, and is a known issue that Apple is working on a fix for. In the meantime, Apple put up a Support page for the issue with a quick workaround for fixing it using Text Replacement. Advertisement To set things up you need to first go into the Settings menu on your device followed by General, then Keyboard, then Text Replacement. From there, press the + sign and then type an upper-case "I" as the phrase and a lower-case "i" as the shortcut. Screenshot: E.Price After you're done, when you type an i your device will once again autocorrect it to I. Apple plans to fix the problem in a future software update.

How to Successfully Pack Beer and Wine in Your Suitcase

Monday, November 6 2017

How to Successfully Pack Beer and Wine in Your Suitcase

How to Successfully Pack Beer and Wine in Your Suitcase Emily Price, Gawker Media Nov 6, 2017, 06.11 AM IST Facebook Twitter WhatsApp Google+ Linkedin Reddit Image: E.Price When some people go on vacation they bring back magnets or postcards. I bring back booze. For a long time I was just bringing back beer to give as gifts or share with friends, but that eventually evolved to spirits as well. When I went to Scotland earlier this year my home whisky collection ended up getting a huge upgrade. When I'm traveling in the United States, I'll sometimes mail what I buy back home to avoid trying to shove it in my suitcase. I wrote up some detailed instructions on how to mail beer earlier this year. When you're traveling overseas you don't really have any other option except to put your booze in your checked luggage. If you've ever watched someone load suitcases onto the plane, then you know that your precious cargo is in peril from pretty much the second you drop it off for your flight. Advertisement There is a right and wrong way to pack it. Here's what I do using stuff I already have: Wrap Each Bottle I typically put each bottle first in a sock and then wrapped again with the thickest clothing I have. Think sweaters, sweatshirts, jeans... the thicker the better. The key here is to protect especially the neck of the bottle. In most cases, if the bottle is going to break, it's going to be because the neck broke. Pay extra special care to that part, while making sure you've covered the entire bottle. If you've got any bag lying around, tying your bottle up in those (either before or after you wrap, depending on its size) can help minimize damage if there happens to be some. Build a Wall When you pack the suitcase, your goal is to make sure there's no way possible that your bottles can end up touching any side of your suitcase. I typically start by building a base on the bottom of my suitcase with a layer or shirts or other clothing I didn't use to wrap bottles. Then you want to build a protective wall around the sides of your suitcase. Shoes work great for this. If you don't have shoes, try rolled up shirts or pants. Anything you have that's going to put an extra layer of protection between your bottles and the sides of your suitcase. Layer Your Bottles Place your bottles in the center of your suitcase, with the top of a bottle posting the same way as the bottom of the next bottle. Separate each bottle with additional clothing you have on hand. You want to make it as hard as possible for your bottles to touch each other. Top it Off The top of your suitcase is just as important to protect as the bottom. Take all your remaining clothes and create a protective barrier for the top of the bag as well. Advertisement That's it. I've been traveling with wine, beer, and liquor in my bags for over a decade now and so far I haven't had any casualties. Some pro tips: If you're shopping at a distillery or vineyard they can sometimes give you a box for your purchase or wrap it in bubble wrap for you. Take advantage of this. In Italy every wine shop I went to had bubble wrap sleeves for my purchases. In Scotland, there were boxes for each bottle of scotch. It does make things a tiny bit tighter come packing time, but it also makes them safer. If you're traveling and plan on buying booze I also recommend picking up a collapsable duffle bag (I have this Herschal one that it looks like they don't sell anymore) to use if for some reason your alcohol has displaced so much room in your suitcase all your stuff doesn't fit anymore. And next time you upgrade your suitcase pick a hard-sided one over a squishy one. And finally, if you're *really* going for it when it comes to traveling with booze, you might want to consider buying a dedicated suitcase for it. I purchased #beercase as I affectionately call it at a local winery one day. It's essentially a 12-bottle styrofoam wine case with a suitcase built around it with wheels. It's weighted so loaded with 12 bottles of wine it will still be under 50 pounds (the max for most airlines). Image: E.Price It's huge and totally not practical for every trip you go on, but if you're going somewhere like Napa and plan on coming back with a ton of bottles, it makes packing a snap. I use mine every Christmas to fly home with local beer from California for friends (and to fly home to beer from my hometown). Advertisement Mine is branded with the winery logo from where I bought it, but you can snag a generic one from Amazon as well .

Accenture offers Rs 51 lakh as winning prize, announces Digital Hackathon

Sunday, November 5 2017

Accenture offers Rs 51 lakh as winning prize, announces Digital Hackathon

Accenture offers Rs 51 lakh as winning prize, announces Digital Hackathon www.techgig.com | techgig.com Nov 5, 2017, 06.11 PM IST Future Tech Image Credit Continue reading Accenture has announced urbanization hackathon on November 11-12. The company will let global participants to develop prototypes for improving the quality of urban lives. The company has announced the global initiative with Expo 2020 Dubai. The hackathon's agenda is designed for 24 hours on November 11 and 12. The 24-hour long hackathon aims to create an impact to improve the quality of urban life. Registrations are open for students, entrepreneurs and individuals with passion to solve the challenges related to urbanization. Accenture hopes that the digital solutions developed during hackathon can be used in the real-world situation. Over half of the world's total population resides in the Urban areas. Participants will work on developing digital solutions that address to problems faced by the urban population. Improving the work and travel and condition in the urban areas and adopting more sustainable approach to urbanization is the big problem faced by the urban population. The registration page requires the participants to submit the proposal ideas. Accenture is working with professionals from various background in organizing the event. Participants of the hackathon are expected to put in their creativity and talent in developing the solutions. Hackathon's idea is inspired by the Expo 2020 Dubai's theme of "Connecting Minds, Creating the Future." Accenture is the Digital Services Premier Partner and Systems Integrator for Expo 2020 Dubai. Participants of the hackathon are expected to meet two requirements: Putting human beings at the heart of the experience. Using latest digital technologies including wearables, artificial intelligence, analytics, augmented and virtual reality, blockchain and the Internet of Things. The 24-hour hackathon will be conducted simultaneously in Bengaluru, Chicago, Dubai, Istanbul, London, Mexico, Manila, Rome, Monterrey, Shanghai and Singapore. Participants from these cities can register for the hackathon by November 6 on accenture.com/digital. Expo Dubai 2020 is supporting the hackathon to encourage innovation and connecting people from around the world to exchange innovative ideas. The major attraction about the hackathon is its price money. Accenture is awarding a total of $80,000 (Rs 51.66 lakh) to the top teams in each city. Accenture has assigned an independent panel of judges. The panel will consist of Accenture veterans and experienced practitioners from Accenture, Expo 2020 Dubai and local sponsors from each city. Job seekers too have a great benefit from the hackathon. Accenture is likely to offer jobs to top performing teams at the hackathon. The participant demonstrating exceptional problem solving, goal oriented attitude while working as part of the team will be interviewed by Accenture for the top positions in Accenture Digital or elsewhere in the company. Visit accenture.com/digital and follow #AccentureDigiHack to learn more. - Rajat Kabade

Trick Yourself Into Writing Well by Telling Yourself to Write Badly

Sunday, November 5 2017

Trick Yourself Into Writing Well by Telling Yourself to Write Badly

Trick Yourself Into Writing Well by Telling Yourself to Write Badly Jaime Green, Gawker Media Nov 5, 2017, 08.36 PM IST One of the best things about NaNoWriMo , or any terrifying deadline, is that it forces you to write quickly. (Hello, procrastinators.) If you're writing quickly-if writing quickly is your stated goal-then you don't have time to do the number one thing that interrupt your writing flow: think about whether what you're writing is good. Worse than thinking about whether what you're writing is good is actually trying to answer the question while you're writing. Aside from the fact that it means stopping to go back and read, evaluating your work is poison to producing it. Evaluation and generation are totally different modes of thinking, and soon enough you end up worrying about whether your writing is good before you've done the writing. And that, folks, is game over. Stopped in your tracks, paralyzed by worry, sure your ideas are garbage, there you are: not writing. Advertisement Okay, but so then there are you are, sure your ideas are garbage and not writing. What do you do? Write the bad draft. Make that your goal. Do it. You'll find it's a million times easier to get started if you tell yourself, "I'm just gonna write the shitty version of this" than if there's any pressure to make what you're writing good. Half the time, the "shitty draft" will be pretty good, anyway-once you turn off your inner critic, all of your writing energy goes toward writing rather than worrying about your output-but even truly shitty drafts can be revised to greatness. There is so much you can do in revision, from overhauling structure to drafting new paragraphs to tweaking the language of a sentence. You just need to write a first draft first. So write a bad one.

Fighting the Mobile Ransomware Threat; No More

Monday, November 6 2017

Fighting the Mobile Ransomware Threat; No More "Phone-a-Friend"

LinkedIn The high-visibility, high-yield and low-cost nature of ransomware attacks have made them a favorite with cybercriminals in 2017. The commoditization of the attack tools and infrastructure, and the availability of ransomware kits as services has further compounded the challenge for organizations. Mobile ransomware is expected to be the next wave in ransomware attacks - which defenders are already struggling with and failing. The threat posed by the mobile vector and the different kinds of tactics and malware used, go beyond crypto-locking and can also include additional malicious behavior such as C&C, data stealing and side loading other malicious code/apps on mobile devices, and can be disastrous for operations and sensitive business data of organizations. In this webinar, we will attempt to lay down some recommendations and best practices using which security teams and leaders can prepare themselves better to face this challenge, including details on: The background and context to mobile ransomware today; The different categories of mobile ransomware and methods/tactics of attackers; The ransomware-as-a-service marketplace;

President Ram Nath Kovind Calls World Food India “Kumbh Mela of Indian Food”

Monday, November 6 2017

President Ram Nath Kovind Calls World Food India “Kumbh Mela of Indian Food”

Email Print Addressing the gathering, President Mr. Kovind said “World Food India 2017 has helped showcase the vast and near limitless opportunities in the food industry and in food processing in India.” The President termed WFI “the Kumbh Mela of Indian food.” World Food India 2017 achieved a resounding success with delegates from over 60 countries and Global CEOs congregating in New Delhi for the three day Conference cum exhibition. The President of India Mr. Ram Nath Kovind graced the event at its Valedictory session and congratulated the Union Minister of Food processing Industries Mrs. Harsimrat Kaur Badal , ably supported by MoS Sadhavi Niranjan Jyoti for putting together the mega event. Addressing the gathering, President Mr. Kovind said “World Food India 2017 has helped showcase the vast and near limitless opportunities in the food industry and in food processing in India.” The President termed WFI “the Kumbh Mela of Indian food.” He noted that the diversity of Indian cuisine literally renders one human lifetime not enough to experience the range and richness of Indian food! The President however pointed out that Food is not just culture, it is also commerce. He said “India’s food consumption is currently valued at US $370 billion. It is expected to reach $1 trillion by 2025, in less than a decade. There are opportunities across the entire food value chain in India – including post-harvest facilities, logistics, cold chains, and manufacturing. It is a sector with a large business appetite and the food industry can be a huge employer.” The President cautioned that the regrettable wastage has to be curtailed. “A focused emphasis on modern food processing can change things. It gives the food sector the potential to become the intersection of so many of our flagship programmes – Make in India, Start-up India, Skill India, Digital India, and the resolve to double farm incomes” Mr. Kovind added. The President noted that the food story in India has world-wide implications. “On a global scale, the market for Indian food products is massive. It extends from 1.8 billion people in South Asia to a 30 million strong diaspora population, and to millions more in all parts of the world” he elaborated. On the occasion, the President gave away Start-up Awards and Hackathon Awards to college students who helped suggest ways of detecting food adulteration. Mr. Kovind said “There is an increasing stress on food safety, accurate labelling, intellectual property issues and innovation in the food processing sector – as well as on using technology as an enabler”. Recapitulating the action packed three day Mega Food event, the host Union Minister MrHarsimrat Kaur Badal said that inspired by the leadership of Prime Minister Mr. Narendra Modi, her Ministry sees World Food India 2017 as a beginnimg and not end of an event. She said at the World Food India 2017 not only has a Guinness book record been established for cooking 918kg of ubiquitous comfort, wellness food – the nutritious Khichadi; business worth $11.25b with 50 MoUs has been transacted during the three days. Mrs. Badal said MoFPI’s resolve is only strengthened to help India be established as the World Food Factory. Smt Badal said that during WFI, States including Punjab and Haryana also have negotiated MOUs worth $2.5b. “ Ministry of Food Processing Industries will forge ahead to work expeditiously on implementing these MOUs. A special cell has been setup in Invest India to follow up on these negotiations and the Knowledge Partners would help achieve the goals” she informed. Mrs. Badal said her Ministry is guided by the principles of – ensure steps to reduce wastage, produce more and process more. Farm to Fork is their mantra and Food Processing Industries have to be the bridge between Farmers and Consumers. The Minister informed that while States of Maharashtra and Telangana have announced their Food Processing Policy, the MoFPI would soon finalize the National Food Processing Policy. Share on: Posted by SMEStreet Desk SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs. Tagged with

Exploring Great Synergy between India and Egypt: Col Rathore

Monday, November 6 2017

Exploring Great Synergy between India and Egypt: Col Rathore

Email Print The Minister of State (Independent Charge) for Youth Affairs and Sports, and Minister of State for Information & Broadcasting, Col Rajyavardhan Rathore met his Egyptian counterpart Mr Khaled Abd El Aziz on the sidelines of World Youth Forum at Sharam El Sheikh , Egypt. Col Rathore congratulated Mr Aziz for Egypt qualifying for football World Cup in Russia 2018. Mr Aziz on his part praised successful holding of FIFA U17 by India and expressed keen interest in Mission 11 Million (MXIM), football outreach program. Recalling, recent dynamism in the ties between the two countries, Col Rathore said that the Prime Minister Mr. Narendra Modi and President Sisi of Egypt have met four times and have taken the relationship to a new level. Mr Aziz praised Indian leadership for taking long term decisions in quick and decisive way. Col Rathore briefed him about the various initiatives by the Prime Minister on Financial inclusion, skilling the youth and the schemes like Start up India , Mudra and Make in India. “As two oldest civilizations, we need to forcefully implement the vision of our leaders for our youth. India is a nation of youngsters and we need to provide them an environment to realize their dreams”, said Col Rathore. Mr Aziz offered their centre of excellence like the Olympic Centre for short term training programme for Indian sports teams. Col Rathore informed him about the decision of hiring Egyptian trainers and support staff for squash. Col Rathore also asked the Egyptian Minister to encourage local students to take up seats in Indian universities meant for foreign students. Col Rathore mentioned the upcoming Khelo India School Games in December. “We want to change the attitude towards sports among the Indians. We wish to make sports aspirational” said the Minister. Col Rajyavardhan Rathore thanked the Egyptian government for promoting strong people to people connect. International Day of Yoga this year invited enthusiastic participation from the Egyptian public in the holy month of Ramzan. Col Rajyavardhan Rathore is attending World Youth Forum on behalf of the Prime Minister Shri Narendra Modi. 52 countries are participating in the Forum. Four youngsters sponsored by the Department of Youth from India are also participating forming the part of strong Indian presence at the Forum. Share on: Posted by SMEStreet Desk SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs. Tagged with

GSTN Introduced Table 6A for the Ease of Exporters’ Tax Refunds

Monday, November 6 2017

GSTN Introduced Table 6A for the Ease of Exporters’ Tax Refunds

Email Print Table 6A of Form GSTR1 allows taxpayers to file export related data for the period concerned that permits processing of the tax refund on the basis of declaration made under Form GSTR 3B and Table 6A of GSTR-1. The Goods and Services Tax Network (GSTN) has introduced a utility Table 6A in the Form GSTR-1 used by exporters to claim refunds. “Table 6A of Form GSTR1 has been introduced on the GST portal,” GSTN said in a statement. Table 6A of Form GSTR1 allows taxpayers to file export related data for the period concerned that permits processing of the tax refund on the basis of declaration made under Form GSTR 3B and Table 6A of GSTR-1. An exporter can claim refund of Integrated GST (IGST) paid at the time of export by filling the details of the shipping bill and tax paid GST invoice in his Form GSTR1 in the relevant month. The shipping bill filed by an exporter with customs authorities is considered to be an application for refund of the integrated tax paid on the goods exported out of India. The GSTN said that this functionality has been made available to enable exporters to file for refund as the dates for filing of GSTR-1 for August onwards have not yet been notified and the form has not been filed. “Every registered taxable person who has made exports on payment of IGST, other than an input service distributor or compounding taxpayer or TDS deductor or TCS collector can file Table 6A of Form GSTR-1 electronically on the GST Portal” GSTN Chief Executive Prakash Kumar said. The table can be filed from the returns section of the GST Portal. The refund amount would be paid either through a credit to the exporter’s bank via ECS or by cheque. In a relief to exporters, the government last month had announced that it would immediately refund exporters for the month of July and August through cheques from October 10 and October 18, respectively. Following a meeting, the GST Council decided that this would be an interim relief, and as a long term measure e-wallets will be created for all exporters by April 1, 2018, to carry forward the refund process. Share on: Posted by SMEStreet Desk SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs. Tagged with

2.24 Lakh Companies Closed for Post Demonetization for Suspicious Financials

Monday, November 6 2017

2.24 Lakh Companies Closed for Post Demonetization for Suspicious Financials

Email Print It added that a preliminary inquiry on the basis of information received from 56 banks revealed that 35,000 companies involving 58,000 accounts saw suspicious transactions with over Rs 17,000 crore being deposited and withdrawn from those accounts post-demonetisation. The government has struck-off around 2.24 lakh companies till date for remaining inactive for a period of two years or more, including those which were involved in suspicious financial transactions in days following demonetisation , it was announced on Sunday. Following the action of striking-off of defaulting companies, restrictions have also been imposed on operation of their bank accounts, said a statement from the Corporate Affairs Ministry. It added that a preliminary inquiry on the basis of information received from 56 banks revealed that 35,000 companies involving 58,000 accounts saw suspicious transactions with over Rs 17,000 crore being deposited and withdrawn from those accounts post- demonetisation . “In one case, a company which had a negative opening balance on November 8, deposited and withdrew Rs 2,484 crore post-demonetisation,” the statement said. “Apart from the restrictions on bank accounts, action has also been taken to restrict sale and transfer of moveable and immoveable properties of struck-off companies until they are restored. The state governments have been advised to take necessary action in this regard by disallowing registration of such transactions,” it added. The Corporate Affairs Ministry said that the information with respect to such companies had been shared with enforcement authorities, including the Central Board of Direct Taxes , Financial Intelligence Unit , Department of Financial Services and Reserve Bank of India for further necessary action. Companies have also been identified for inquiry, inspection and investigation under the Companies Act, 2013 and necessary action is underway, it added. “Separately, action has also been taken to disqualify directors on the board of companies that have failed to file financial statements or annual returns for a continuous period of three financial years during 2013-14 to 2015-16,” the statement said. “Around 3.09 lakh directors have been affected by this action. Preliminary inquiry has shown that over 3,000 disqualified directors are directors in more than 20 companies each, which is beyond the limit prescribed under the law. “With a view to checking the problem of dummy directors, action is underway to seed Director Identification Number with Permanent Account Number and Aadhaar ,” it added. The Prime Minister’s Office has constituted a Special Task Force under the joint chairmanship of the Revenue Secretary and Corporate Affairs Secretary to oversee the drive against defaulting companies with the help of various enforcement agencies. The Special Task Force has so far met five times and action has been initiated against several defaulting companies, “which is expected to help in the drive against black money”, the statement said. Share on: Posted by SMEStreet Desk SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs. Tagged with

India & Armenia Focus on Strengthening Bilateral Ties

Monday, November 6 2017

India & Armenia Focus on Strengthening Bilateral Ties

Email Print India and Armenia reviewed bilateral ties across multiple sectors in a bilateral meeting between Prime Minister Narendra Modi and Armenian President Serzh Sargsyan . The two leaders discussed bilateral as well as regional and multilateral issues during the course of the meeting. “The two sides reviewed present status of bilateral relations and discussed ways to further strengthen future cooperation in diverse areas including political, defence, space, trade and investment, science and technology, education, culture and people to people contacts,” an External Affairs Ministry statement said. “Specific areas with potential to propel bilateral trade and economic relations were discussed including in the sectors of food processing, renewable energy , pharmaceuticals and healthcare, information technology, mining and jewellery,” it said. Data made available by the External Affairs citing Statistical Service of Armenia, the bilateral trade stood at $32.3 million only. India’s imports from Armenia were at $0.4 million and exports to Armenia stood at $31.9 mn again favouring India. Indian exports to Armenia consist of bovine meat, agricultural products, electrical equipment, cut and polished diamonds, optical equipment, plastics, pharmaceuticals, cosmetics, garments and other chemical goods and cars, while Armenia’s exports include non-ferrous metals and rawrubber. In Friday’s meeting, both sides agreed that early conclusion of an India-Eurasian Economic Union free trade agreement would unleash huge opportunities in increasing bilateral trade. Earlier on Friday, Sargsyan attended the Worl Food India 207 which was inaugurated by Modi. He also called on President Ram Nath Kovind and met Vice President Venkaiah Naidu . The Armenian President arrived here on Thursday on a four-day visit to India. Share on: Posted by SMEStreet Desk SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs. Tagged with