- Register cooperative societies by submitting an application and the society's bye-laws, detailing its objectives and member information, to the Registrar of Cooperative Societies in Goa.
- This service facilitates the application process for obtaining a trade licence in Goa. Users can apply online, ensuring compliance with local regulations for operating a business within the state.
- This service enables users to submit a single application for obtaining trade licences and labour permits in Goa. It simplifies the process by integrating various requirements, ensuring businesses can operate smoothly within the state's regulatory framework.
- Businesses in Goa can apply for a signage license online, a permit required for displaying advertisements or signs outdoors. This service ensures compliance with legal and aesthetic guidelines.
- Meat shop owners in Sikkim can apply online for a No Objection Certificate (NOC) required to operate legally. This certificate is issued by the government to regulate and monitor meat shop operations in the state.
- This service allows entities to apply for a No Objection Certificate (NOC) to import and store petroleum or LPG for retail outlets, ensuring regulatory compliance.
- The Government of Puducherry provides an online service for obtaining No Objection Certificates (NOCs) for establishing cinema locations, streamlining approvals.
- Renew licenses for importing and storing petroleum products (up to 25,000 liters) or LPG for industrial use, ensuring proper safety compliance.
- This service renews licenses for cinema buildings, verifying adherence to structural and safety standards as mandated by the Government of Puducherry.
- This service renews licenses for the possession and use of fireworks for public displays, ensuring compliance with safety protocols.
- Shop owners can renew licenses for selling up to 25 kg of small arms nitro compounds under strict safety and regulatory conditions.
- This service renews licenses for the possession and transportation of explosives used in well-sinking and related activities, ensuring regulated handling.
- This service renews licenses for possessing explosives for agricultural purposes or small quarrying, adhering to safety standards and quantity limits.
- Individuals can apply online for renewing licenses to possess limited quantities of gunpowder and related materials for specified purposes in Puducherry.
- This service enables individuals to renew their license for manufacturing up to 15 kg of fireworks or gunpowder under regulated guidelines.
- This service allows individuals or organizations to request permission for conducting special shows licence in Puducherry, streamlining the process for hosting such events.
- The Government of Puducherry issues licenses to import and store up to 25,000 liters of petroleum (Class-B) or LPG for industrial use, ensuring safe and regulated storage.
- This service facilitates obtaining a temporary permit Licence for the exhibition of films in Puducherry. The online process ensures compliance with government regulations while providing ease of access to permissions.
- The Government of Puducherry provides approval and licensing for constructed cinema buildings, ensuring compliance with safety and structural regulations.
- This service allows individuals or organizations to apply for a license to conduct public firework displays, ensuring safety standards and permissions.
TIMES UPDATE
- Switzerland has withdrawn the most-favored-nation clause for India under their double tax avoidance agreement. This comes after a 2023 Indian Supreme Court ruling against Nestle, impacting Indian companies invested in Switzerland. Dividend tax will rise from 5% to 10% starting January 1, 2025, potentially reducing their competitiveness and prompting other nations to follow suit.
- Gold prices, after surging over 30% in 2024, are projected to moderate in 2025. Factors like economic growth, inflation, potential trade wars under Trump's second term, and interest rate uncertainty could dampen investor and consumer demand. While central bank buying and geopolitical tensions fueled the 2024 rally, a stronger dollar post-election has stalled gains.
- Three major IPOs—Vishal Mega Mart, Sai Life Sciences, and One Mobikwik—concluded on Friday, amassing a staggering Rs 2.2 lakh crore in investor interest. One Mobikwik led the pack with a 120-fold oversubscription, becoming 2024's most sought-after IPO exceeding Rs 500 crore. Vishal Mega Mart and Sai Life Sciences also saw substantial demand, subscribed 27 and […]
- by Rupali MukherjeeIndia's pharmaceutical retail market rebounded in November with double-digit growth, driven by increased demand for dermatological and cardiac medications. Respiratory issues, exacerbated by pollution, boosted Foracort sales to Rs 82 crore. Both acute and chronic medications saw 11% growth, and industry volumes rose by 3.5%. Analysts predict continued growth in 2025, fueled by price increases […]
- by Mayur ShettyBajaj Finance is leveraging AI to boost its business. Their FinAI initiative aims to triple lead conversions, double back-office productivity, and improve front-line performance. AI will personalize customer interactions, like offering tailored product suggestions via interactive SMS.
- by Saurabh SinhaIndians are shifting towards premium wines and spirits, creating growth opportunities for companies like Moet Hennessy. High taxes and varying state regulations complicate the market, making foreign liquor expensive. Ongoing FTA discussions, particularly with the UK, aim to reduce duties and boost consumption. Domestically produced wines, like Chandon, are also gaining popularity.
- India's market regulator, Sebi, is planning to permit retail investors to engage in algorithm-based trading, a practice currently exclusive to institutional investors. This move aims to level the playing field and potentially boost retail investor profits. SEBI proposes new safeguards, including broker checks and unique identifiers for algo orders, to ensure responsible implementation.
- The Sensex surged 843 points to a two-month high of 82,133, driven by strong foreign fund inflows and buying in FMCG, IT, and banking stocks. This followed a volatile session with a 2,100-point intraday swing, influenced by global market weakness and uncertainty about China's economic recovery. Market sentiment remains cautious due to rising US Treasury […]
- by Reeba ZachariahJK Paper, led by Harsh Pati Singhania, is streamlining its corporate structure by merging several subsidiaries with itself. This move will consolidate its packaging business and increase the Singhania family's ownership to 53%. Enviro Tech Ventures, partially owned by the family, will also merge with JK Paper after divesting its agricultural interests.
- by TOI Business DeskIndian IT firms saw a sharp decline in H-1B visa approvals for new employment in FY24 compared to FY15. Amazon, Cognizant, and Infosys led approvals among these firms. Tesla significantly increased its H-1B visa usage. Overall H-1B denial rates remained low.
- by TOI Business DeskThyssenkrupp Marine Systems (TKMS) aims to establish India as a global submarine and warship construction hub, citing potential 50% cost reductions. Competing for a major Indian Navy contract, TKMS proposes a collaborative center with Mazagaon Dockyards Limited, eyeing future export opportunities amid rising global demand.
- by TOI Business DeskThe Unique Identification Authority of India (UIDAI) allows Aadhaar cardholders to update their information online for free until December 14, 2024, via the myAadhaar portal.
- by TOI Business DeskAkasa Air is securing a substantial minority stake investment of $130-140 million from a consortium led by Premji Invest and Claypond Capital.
- by TOI Business DeskStock market today: The BSE Sensex and Nifty ended significantly higher on Friday, driven by substantial investments in telecommunication shares and positive domestic inflation figures.
- by Supriya RoyNandan Nilekani reiterated his stance against India investing in building another large language model (LLM). He argues that resources should be directed towards compute, infrastructure, and AI cloud instead. This contrasts with Google Research India director Manish Gupta's view, who believes India should build its own foundation model, citing Nilekani's Aadhaar project as a precedent.
- Public sector banks (PSBs) in India have seen their gross non-performing assets (GNPA) ratio fall to a historic low of 3.1% as of September 2024. This improvement is attributed to the 4R strategy, recapitalization efforts, and reforms. PSBs' profitability has surged, with net profits reaching ₹1.4 lakh crore in FY24.
- by Sidhartha and Surojit GuptaEmami's MD, Harsha Vardhan Agarwal, new Ficci president, states that consumption slowdown, impacted by inflation, will take a few quarters to normalize. He suggests controlling inflation and boosting government spending to revive demand, noting a mixed bag for FMCG with rural uptick and urban slowdown.
- Reliance Industries has inked a significant deal with Russia's Rosneft, securing up to 500,000 barrels of crude oil daily for the next decade. This $12-13 billion annual agreement, confirmed by Reliance, makes Russia India's top crude supplier. The deal, encompassing various Russian crude grades and fuel oil, involves around half of Rosneft's seaborne oil exports.
- by Aseem GujarAt its re:Invent conference, Amazon Web Services (AWS) launched new AI models and chips, including the Trainium2 and Nova, to compete with rivals like Microsoft and Google. CEO Andy Jassy emphasized AWS's customer-centric approach to AI, aiming to solve practical problems rather than chasing technological feats.
- by Asmita DeyIndia's urban middle class is cutting back on spending due to job losses and inflation, impacting consumer goods companies. Rural demand is strong, but insufficient to offset the urban slowdown. Companies are struggling with rising commodity costs and may implement further price hikes, potentially worsening the situation.