Friday, April 18, 2014
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'J&K Bank committed to nourish entrepreneurship'
JAMMU, Apr 17: Always eager to explore employment opportunities for the youth of the state, J&K Bank has been lauded for its role as an employment generator and employment facilitator. It was with this spirit, and in view of the fact that nobody was coming forward to act as implementing agency for the project, the J&K Bank offered its services to act as Service Centre Agency for the Ministry of IT, Government of India’s CSC Project, a cornerstone of the National e-Governance Plan. Having done its bit by identifying Village Level Entrepreneurs (VLEs), extending financial assistance to them and providing infrastructure for establishment of CSC (read Khidmat Centres), Bank has assisted VLEs turn their Centres into functional service outlets. Bank also provided services like documentation of...
Kashmir Times News Report
CAG can audit accounts of telecom firms: SC
NEW DELHI, Apr 17 (Agencies): The Supreme Court today held that the Comptroller and Auditor General of India (CAG) can audit the account books of private telecom companies which share revenue with the government for using spectrum. A bench comprising justices K S Radhakrishnan and Vikramajit Sen said CAG can carry out the audit to examine whether the companies are giving proper share of their revenue to the government. The court passed the order on a batch of petitions filed by telecom companies' associations, including Association of Unified Telecom Service Providers of India (AUTSP) and Cellular Operators Association of India (COAI), challenging the Delhi High Court verdict which had given green signal for CAG audit of the firms' accounts. The apex court had on February 3 sought resp...
Kashmir Times News Report
Petrol price cut by 70 paise a litre from today
NEW DELHI, Apr 15(Agencies): The price of petrol was on Tuesday cut by 70 paise a litre, excluding local levies, the second reduction in rates this month as appreciation of the rupee against the US dollar made oil imports cheaper. The reduction, effective midnight tonight, excludes local sales tax or VAT and the actual cut will be higher, varying from city to city. The price of petrol in Delhi will be lowered by 85 paise to Rs 71.41 a litre. This follows a 75 paise a litre reduction on April 1, which translated into a cut of 90 paise in Delhi to Rs 72.26. In Mumbai, petrol will cost Rs 80 a litre from Wednesday as against Rs 80.89 currently. Announcing the rate cut, Indian Oil Corp, the nation's largest fuel retailer, said, "The continued appreciation of the rupee has resulted in redu...
Kashmir Times News Report
J&K Bank opens ATM at Larnoo
JAMMU, Apr 11: Jammu and Kashmir Bank dedicated an automated teller machine (ATM) to public in south Kashmir at Larnoo one of the remotest villages in district Anantnag. The machine was inaugurated by the bank’s vice President and Zonal Head, South Kashmir, Mushtaq Ahmad Mir in presence of Cluster Head Tasaduq Ahmad Dar and Branch Head Altaf Husain Wani. A large number of bank’s customers including businessmen, employees, farmers, traders and respectable citizens of the village. With this the total number of J&K Bank ATMs rose to 49 in the district and 111 in south Kashmir. Zonal Head, Mushtaq Ahmad Mir, while speaking on the occasion highlighted the efforts of the Bank in reaching to remote areas with world class banking service. He impressed upon the audience to avail the benefits of ...
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