Category: Business

Business

Mufti promises hassle-free business environment for filmmakers in Valley

Editor

Chief Minister Mufti Mohammad Sayeed on Thursday interacted with a group of 12 postgraduate students from the Media Education Research Centre (MERC) of the University of Kashmir, who have been invited to Mumbai for the 17th MAMI Film Festival. The Chief Minister met the students before addressing the glitterati of the Mumbai film industry during the concluding function of 17th MAMI (Mumbai Academy of Moving Images) Film Festival in Mumbai last evening. In his address, Mufti promised a hassle-free business environment to woo filmmakers for shooting their films in the…

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Anil Ambani to set up call centre in JK

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Anil Ambani has agreed to set up a 1,000-seater call centre in Jammu and Kashmir in two phases which will provide job opportunities to nearly 3,000 youth. Ambani gave this assurance to Chief Minister Mufti Mohammad Sayeed, who met various business tycoons in Mumbai and discussed prospects to give an impetus to investment in industry, telecommunication, power and tourism sectors in Jammu and Kashmir. An official spokesman said Mufti, in his meeting with Ambani, sought cooperation for investment in the information technology sector to create employment opportunities for the youth…

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Take strong position for Kashmir’s economy – KEA to CM

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PM’s Srinagar Visit As the Prime Minister Narendra Modi is visiting Kashmir on November 7, Kashmir Economic Alliance has asked Chief Minister Mufti Mohammad Sayeed to extract tangible economic benefits from PM’s visit. KEA Chairman Showkat Mohammad Chowdhary said PM had visited Kashmir last time and returned back only to disappoint Kashmiris. “But now much hype has been given to massive economic package that Prime Minister is going to announce in Srinagar. We hope his announcements would not disappoint Kashmiris. Mufti Sahab should also take strong position for Kashmiris who…

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Kashmir bat industry in slump: Low demand hits stakeholders

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The cricket bat manufacturers in this town are a worrying lot. Reason: The demand for their product, according to the manufacturers has sharply declined. The manufacturers said they were facing a host of problems due mainly to government “indifference” towards this huge industry. “And now the sharp decline in the demand has worried us,” they added. The bat makers said they were awaiting industrial cluster announced by the government sometime back that they expected would help them work in an organized manner and make some good earnings. “But this has…

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Kashmir’s saffron growers in the red

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Centre’s ambitious renewal mission, fails to click due to actions of land and soil excavation mafia. Despite the setting chill, south Kashmir’s Pampore fields, situated on rare soil dunes, wear a festive look these days with young and old, irrespective of their professions and gender, singing and plucking the famed and prized saffron crop from a carpet of purple flowers. However, the disappointment on farmers’ faces is visible as the Centre’s Rs. 413-crore Prime Minister’s National Saffron Renewal Mission has failed in its objective. Besides, the politician-backed land and soil…

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Srinagar woman runs the only bat unit in city

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Close to the Alam Sahib’s shrine in Narwara, Rifat Jan lives like any other Kashmiri woman. However there is one aspect which makes her special. Rifat runs the only bat manufacturing unit in the city by the name of Masoodi Arts and Sports.  “I couldn’t have done this without my husband. He gave me all the support I needed,’’ said a beaming  Rifat. “ At first I was reluctant to start the unit as my husband cannot run it for being a government employee,  but I made up my mind…

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Pahalgam, Patnitop to be Smart Tourist Destinations: Mufti

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With an objective to give travel industry a complete image makeover, Chief Minister, Mufti Mohammad Sayeed, Friday emphasized upon exploring how smartness can improve competitiveness in the context of state’s tourism destinations. To begin with, he desired that Tourism Department conceive a plan for ‘Smart Tourist Destination’ for Pahalgam and Patnitop resorts. “Small is beautiful. Time has come for our tourist destinations to offer smart solutions in leisure, transport, hospitality and businesses for comfort of our visitors,” he stated. The Chief Minister made these observations while interacting with business heads…

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KCCI submits memo to govt

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The Kashmir Chamber Of Commerce and Industry (KCCI) has submitted a memorandum to the government for the promotion of businesses in various sectors. In a statement issued here today, the KCCI secretary general Faiz Ahmad Bakshi said the memorandum was presented to Industries Minister Chander Prakash Ganga and his deputy Mohammad Ashraf Mir during a meeting held here yesterday. KCCI president Mushtaq Ahmad Wani said the memorandum pointed out that the Valley was yet to benefit from the Centre’s Cluster Development Programme. The industry body demanded setting up of clusters…

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Hydropower can raise state’s economic status: Lone

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Minister for Science and Technology and Animal Husbandry Sajad Gani Lone today said the hydropower sector had the potential to raise the state’s economic status. “The hydropower sector has a huge potential. If we can apply ourselves professionally we can easily supersede the tourism sector,” the minister after inaugurating the Energy Bhawan at Bemina here. Lone said the agro-climatic conditions in J&K were so good that a lot could be gained from the sector. “Our state has the potential to fulfill the energy demand and supply gap,” he added. Terming…

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Madhur Bhandarkar meets former JK Chief Minister

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Filmmaker Madhur Bhandarkar on Thursday met former Jammu and Kashmir Chief Minister Farooq Abdullah here. The National Award-winner said he was ecstatic. “It’s always a great pleasure to catch up with the witty, humorous and energetic Dr. Farooq Abdullah Sir. #Kashmir,” Bhandarkar tweeted. The director of critically acclaimed film Page 3 and Fashion also shared photographs in which he is seen engrossed in a conversation with the politician. In the images, Farooq Abdullah, clad in a red t-shirt, can also be seen enjoying the session. On the professional front, Bhandarkar’s…

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