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Only State-run agencies shall recruit Nurses to Kuwait

Indian Embassy in Kuwait has affirmed that recruitment of Indian nurses to Kuwait shall be done only by  select state-run agencies. According to embassy sources, the restriction has been in place since May 2015 and is a step in the direction of transparency

Designated Agencies

So far, only state manpower corporations in India have been authorised to recruit Indian nurses abroad. They are Norka-Roots Centre, Overseas. Development and Employment Promotion Consultants in Thiruvananthapuram; Overseas Manpower Corporation Ltd, Chennai; UP Financial Corporation, Kanpur; Telangana Overseas Manpower Company, Hyderabad; and the Overseas Manpower Company of Andhra Pradesh.

Mandatory clearance.

Govt. also placed nurses under Emigration Check Required (ECR) category. The move makes emigration clearance through E-Migrate mandatory, for nurses looking to work in any of the 18 ECR countries.

Besides Kuwait, countries that require emigration clearance are  Afghanistan, Bahrain, Iraq, Indonesia, Saudi Arabia, Jordan, Libiya, Lebanon, Malaysia, Oman, Qatar, Sudan, Syria, Thailand, the UAE and Yemen.

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Now link Aadhaar to PAN online, despite name mismatch.

Aadhaar is now mandatory to file Income Tax returns and Finance Minister Arun Jaitley,  through his 2017 Budget provided to link it with PAN(Permanent Account Number) too,  to curb tax-evasion.

However, Aadhaar  many times come with short forms or spelling errors while PAN has full names – a big  hurdle when one attempts to link the two.  Now, Govt. has introduced a new solution to  tide over the  mismatch.

A scanned copy of ID  Proof  has to be uploaded on the Aadhaar website and one has to request for  name change based on the supporting proof, to create a match.  Linking Aadhaar to PAN thus smooths out easy.

However, for seeding to take place, the date of births have to be identical.

Now for those wishing to stay their names unchanged, the tax department  will soon come out with One-time Password(OTP) option on e-filing website of  IT department or NSDL.

“This option will help people who have given short forms of their name or in some cases spelling errors in the name provided in Aadhaar card “ a spokesperson said.

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SBI chairperson summoned to witness legal fallacy.

MUMBAI:  Bombay High Court summoned State Bank of India  chairperson Arundhati Bhattachary    to remain present in a matter filed by SBI Global Factors.

As the embarrassment unfolded, she informed  court that necessary steps would be taken  to ensure the situation would not be repeated  either by SBI Global Factors or its advocates.

Last year SBI Global Factors had filed  a summary suit which was subsequently dismissed last year, for failure to serve notice to concerned parties.

However early this year, the SBI advocates petitioned court seeking time  to serve the other side.  Justice Shahrukh Kathawalla remarked “The advocate for the plaintiffs is not even aware that the suit is dismissed as far back as in February 2016. This is how matters are being handled by the financial corporations / institutions like SBI Global Factors Limited who apart from engaging the services of professional advocates also have their in-house legal department to monitor the matters.”

 

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Sold at last! Actor Sachin buys Kingfisher Villa for 73 cr.

After unsuccessful bids in earlier rounds, banks have finally managed to sell Vijaya Mallya’s Kingfisher Villa, to  actor Sachin Joshi, who offered 73.01 crore for the famed property.

Kingfisher Villa was legally owned by United Breweries,  the parent company of Kingfisher Airlines( KFA)  – Mallya’s Airline that was grounded by losses in 2012.

Vill3

The Villa is prime sea-facing property and sprawls over  12,350 sq ft on 3 acres  on Condolim beach stretch in north Goa.  It boasts ultra-luxury bedrooms, artificial ponds,  private swimming pools, open air dance floors and lush  gardens and served venue to extravagant parties in the past.

sachinActor  Sachin Joshi , who owns Viking Media –  a media and entertainment conglomerate,  struck  the deal at just marginally higher than the reserve price set at 73 crore .  Sachin has starred in Hindi movies including Aazaan, Mumbai Mirror and Jackpot

The present auction is set against the backdrop of over Rs 9,000 crore  which the former liquor baron Mallya owes to several banks including  SBI, Punjab National Bank, IDBI Bank, Bank of Baroda, Allahabad Bank, Federal Bank and Axis Bank. He slipped out of  country on 3 March last year and is presently believed to be in Britain. Extradition talks  for the absconding  businessman is in full swing.

 

Villa 1A 17-bank consortium was formed led by SBI who took physical possession of the villa in May 2016.

The present auction was conducted by SBI Caps trustee.

Earlier, the lenders had  tried to auction trademarks including brand value of  kingfisher Logo in August 2016 but failed to find buyers.

Now, with Kingfisher Villa going under the hammer, the only asset lenders are left with to monetize is Kingfisher House in Mumbai. . It was earlier bid at 150 in first round, but failed to find that price at the end of third. In better times, Kingfisher House was headquarters to KFA