Yearly Archives: 2019

The State-owned telecom company released a voluntary retirement scheme (VRS) for its employees with an aim that this will help the company to save around Rs 7,000 crores in the wage bill. From the Scheme, they are expecting that round about 70,000 to 80,000 employees will opt for it, which will be helping them in finance. Out of the total staff of 1.5 lakh, around 1 lakh employee are eligible to avail the Scheme.  As per the Chairman and Managing Director of BSNL P K Purwar, the Scheme will be open from November 4 and will be available till December 3. He added that the instructions are given to the people in Field units to inform the employees about the VRS scheme.

Switzerland's government has revealed a dozen dormant Swiss bank accounts that belong to Indians having funds lying with the risk to get liquefied and getting transferred to Switzerland government.

In an attempt to promote and increase the number of digital payments, RBI this month directed the Banks to no more charge any extra amount from the saving account holders who are doing National Electronic Funds Transfer (NEFT) for payments. Earlier, RBI has also removed the processing charge that was imposed on its customers for doing NEFT.

According to the report, the most prominent Market Players, namely Reliance, Amazon, Flipkart, want to help the retail outlets in their business. Some of them want to use these Kirana stores as last-mile delivery points while few want these retail outlets to buy their inventory, thereby pushing them to get rid of the traditional distributors. This step is made to help the economy grow and make India a secure place to do business. Mukesh Ambani, Chairman of Reliance Industries, has announced in his recent annual meeting that his vision is to make living better of around 12 million Kirana store people with the help of the technology. This will make the working pattern of these stores easy, i.e., managing their billing, margins, inventory and other related benefits. Reliance at present claims that they already have 25 lakh Kirana store people on-board, whereas Amazon and Flipkart have 23,000 and 17,000 Kirana store people respectively in their network.

In a recent Capital Market seminar organised by if Confederation of India Industry, SEBI chairman Ajay Tyagi said that of the total 91 listed government companies 45 of them do not comply with the minimum public shareholding norms, which is 25%. He added that such public companies are required to come forward and comply with the norms, thereby increasing their public shareholding norms to at least 25%. Companies need to increase their liquidity and public listing to avoid any disputes in future. He added, “This is something which can be done, and I think should be done. We have conveyed to the government also,”

The long-pending & extremely sensitive case has finally received its verdict. We are talking about the long-pending Ram Janmabhoomi & Babri Masjid land dispute. The land that is under dispute covers about 2.77 acres of land. The Supreme Court has awarded the land in Ayodhya for the construction of the temple. The Supreme Court of India has also stated that Muslims will be allotted with an alternate 5 acres of land within the city for the construction of the mosque. Chief Justice Ranjan Gogoi and others headed the decision that came from the court today.

5000 Sikh devotees will be benefited daily by the corridor built to connect Dera Baba Nanak located in Punjab with Darbar Sahib Kartarpur in Pakistan. They will be able to visit Darbar Sahib without needing Visa. The story of its going to Pakistan is also interesting. Swarnim Times spoke to Gurinder Singh Bajwa, general secretary of Kartarpur Ravi Darshan Abhilakhi Sanstha and Tridivesh Singh Maini, a knowledgeable and author of Indo-Pakistan affairs, to know the history of the gurdwara.

Ever since the disputed structure was demolished in 1992 in Ayodhya, big leaders have kept distance from the sight of Ramlala Virajman. In the last 27 years, Narendra Modi, Mulayam Singh Yadav, Mayawati, Rahul Gandhi, Priyanka Gandhi and Akhilesh Yadav have also not visited Ramlala. Uttar Pradesh Chief Minister Yogi Adityanath has visited Ayodhya 18 times in two and a half years. With this, Yogi is the second Chief Minister of BJP in 27 years who has visited Ramlala Virajman.

Prime Minister Narendra Modi on Saturday inaugurated the Kartarpur Corridor in Gurdaspur, Punjab. He sent the first batch of 550 pilgrims to Kartarpur from the check post of the corridor at Dera Baba Nanak. Modi dined at Langar with Punjab Chief Minister Amarinder Singh and other leaders. He said in the rally that I thank Prime Minister Imran Khan for preparing the corridor in a short time. I also thank the labour friends of Pakistan, who helped to complete the corridor on their side so fast. The construction work of this corridor has been completed in 11 months.

Anil Ambani, owner of Reliance ADAG Group, has been sued by three Chinese banks for Rs 48.53 billion (680 million Dollar). These banks have said that Anil Ambani's closed company Reliance Communication had taken a loan of Rs 66.03 billion ($ 925.5 million) in 2012, which was defaulted in 2017.