Revised policy for CFS,ICDs to address overcapacity concerns

In a significant recent development, the Central Board of Indirect Tax and Customs (CBIC) notified revision in policy and guidelines for setting up of Container Freight Stations (CFS), Inland Container Deport (ICD) and Airfreight Stations (AFS). The revision in policy has been undertaken to boost investment in the sector as well ensuring development of more regions where these physical infrastructure units can come up in larger number instead of their concentration to certain locations. As per the notification, the locations will now be classified as Green Blue or Red. “…

Read More

Vacancy for IT Help Desk Technician

Experience: 1-3Yrs Qualification: BSc/BA/Btech in IT, Computer Science Location: Gurgaon Requirements: Software company Fretron is looking for a competent Help desk technician to provide fast and useful technical assistance on our cloud-based software product. An excellent Help desk technician must have good technical knowledge. Responsibilities ● Serve as the first point of contact for customers seeking technical assistance over the phone or email or remotely ● Perform remote troubleshooting through diagnostic techniques and pertinent questions ● Determine the best solution based on the issue and details provided by customers ●…

Read More

Ministry of Shipping gets new name

The government has renamed Ministry of Shipping as the Ministry of Ports, Shipping and Waterways (Pattan, Pot Parivahan aur Jalmarg Mantralaya) which signals its growing focus on coastal shipping and waterways. On 8th of November, Prime Minister Narendra Modi announced the renaming of Ministry of Shipping while addressing, through video-conferencing, the inaugural ceremony of Ro-Pax ferry service between Hazira and Ghogha in Gujarat. While making this historic announcement, the prime minister said “Now this Ministry will be known as Ministry of Ports, Shipping and Waterways. It is being expanded. In most…

Read More

Subsidy on air transportation under Operation Greens Scheme

Under Aatma Nirbhar Bharat Abhiyan, Operation Greens Scheme TOP to TOTAL, 50% transportation subsidy is now made available for air transportation for 41 notified fruits and vegetables from North-Eastern and Himalayan States to any place in India. Airlines will provide the transport subsidy directly to the supplier, consignor, consignee or agent by way of charging only 50% of the actual contracted freight charges and will claim the balance 50% from MoFPI as subsidy. The scheme was approved and the amended Scheme Guidelines were early this month. In relaxation of other conditions…

Read More

Star Air begins commercial flight between Kalaburagi- Hindon

The first direct flight operations from Kalaburagi, Karnataka to Hindon Airport, Ghaziabad, Uttar Pradesh were flagged off recently under the RCS-UDAN (Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik). Flight operations on the Kalaburagi – Delhi (Hindon) route is in line with the commitment and perseverance of MoCA and AAI to enable the country with better air connectivity under the UDAN scheme. The airline, Star Air was awarded the Kalaburagi – Hindon route under the RCS-UDAN-3 bidding process last year. The airline will be operating three weekly flights on…

Read More

Daimler India Commercial Vehicles unveil 10 new touchpoints

 Daimler India Commercial Vehicles (DICV) recently inaugurated 10 new touchpoints for BharatBenz commercial vehicles in an online event celebrating Diwali. Together the new facilities will add around 300,000 sqf of workshop space including more than 40 mechanical bays. This increases the network’s monthly service capacity to over 40,000 vehicles a month and significantly improves the brand’s reach in regional areas. Satyakam Arya, MD & CEO, Daimler India Commercial Vehicles, said, “As our made-for-India brand BharatBenz reaches new heights, we continue to invest in the future. The ten new touchpoints we open…

Read More

Bata India shows signs of recovery

Footwear major Bata India announced results for the quarter ended 30 September 2020 which shows a marked improvement over the previous quarter performance. Revenue from operations for the quarter stood at Rs. 3679 million showcasing steady signs of a steady recovery after a dull first quarter. The net loss stood at Rs. 444 million, as against a loss of Rs. 1011 million in the previous quarter ended 30th June 2020 . In a press release, the company maintained that since the opening up of the economy in June, it has…

Read More

Bayer strengthens manufacturing footprint in Gujarat

Bayer recently inaugurated a new plant at its Vapi site in Gujarat. The plant will manufacture Ethiprole, an active ingredient used in insecticides for crop protection products. Set up with an investment of € 24 million (Rs 200 crores), the plant’s annual production capacity is 1,500 metric tons. It will cater to domestic demand in India and export to global markets across Asia Pacific and Latin America. The Vapi site is an integral part of Bayer’s commitment towards the Government’s vision of ‘Make in India’ that aims to promote job…

Read More

Mobile gaming on the rise

Mobile gaming in India is on the upswing, driven by consumers staying at home amidst the pandemic-induced lockdown. As per a new CMR Report, The Next Gen Mobile Consumer,  mobile gaming has increased among three in every five serious gamers, with four hours being average duration of increase since the lockdown began in India. Interestingly, in line with the increased time spent on mobile gaming, the study points out the shift from freemium to paid gaming apps. Interestingly, 15% of the gamers switched to paid mobile gaming apps during lockdown. Across the…

Read More