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Fatehgarh Sahib Ludhiana Baby’s death mourned:
The Ex-Servicemen Welfare Society on Saturday mourned the death of a 14-month-old child, who died after police officials took away blankets from the victim's mother, a teacher who was sitting on a
dharna. The members observed a two-minute silence and demanded action against the guilty. Also, on Sunday, Maha Sabha, Ludhiana, will protest against this incident and burn effigies of the police and state government at various places in the city. The members said the government had already arrested hundreds of teachers and was not allowing them to organise peaceful
dharnas. Winner felicitated: Diet Mantra declared the results of their weight-loss contest, “The Biggest Loser”. The winner, Laxmi Jain, who lost 11.5 kg in two months, was felicitated. Talking about benefits of the right diet, Aditi Srivastava, director, Diet Mantra, said a small step towards the right diet led to the big advantage of having a healthy body. Literary event:
Vishav Panjabi Vichar Manch in collaboration with Punjabi Sahit Akademi organised a discussion on Dr Kulwinder Kaur Minhas’s novel 'Te Ganga Vagdi Rahi'. Novelist Jaswant Singh Kanwal, while talking during the discussion, said knowledge paved the way to a good future. Prof Niranjan Tasneem said Dr Minhas had to face many struggles in her life, and glimpses of those struggles could be seen in the novel. Realtors await REIT regime:
Real Estate Investment Trust (REIT) will manage real estate properties on behalf of investors, much like shareholding in a company. The real estate sector has attained tremendous growth, especially in the past one decade. Still, the sector awaits the status of an industry. Those in the real estate sector believe that the proposed REIT regime would provide a systematic and institutional financing option to the sector. Commenting on the proposed REIT regime, Vikas Gupta, joint managing director, Earth Group, said REIT would provide investors with lesser risk and good returns. He said as per the Securities and Exchange Board of India's proposal, after the establishment of
REIT, largest realty companies would be allowed to register with it and issue public offerings in order to get funding for their projects. In this regard, draft guidelines have already been floated by
SEBI. The final guidelines, however, are still awaited. FICO seeks incentives
for MSME sector: The Federation of Industrial and Commercial Organisations (FICO) organised a seminar on the importance of credit rating to banking finance at Hotel City Heart on Saturday. FICO president Gurmeet Singh Kular urged the Indian Overseas Bank general manager, Naval Gupta, to exempt the MSME sector from processing charges and book-keeping fee. FICO chairman KK Seth sought a special loan for the 100 units of the bicycle cluster as technology upgrading fund.
Nawanshahr Patiala Sangrur |
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