New investment policy upsets Xiaomi, Oppo’s ADITI DIVEKAR … · 2020-05-18 · 27-A, 25, 29, 31,...
Transcript of New investment policy upsets Xiaomi, Oppo’s ADITI DIVEKAR … · 2020-05-18 · 27-A, 25, 29, 31,...
MUMBAI | FRIDAY, 15 MAY 2020 COMPANIES 3. <
REUTERS
New Delhi/Mumbai, 14 May
Tougher scrutiny of foreigninvestment has soured theplans of China’s smartphone
manufacturers seeking to expandbeyond selling hardware for a big-ger share of the country’s competi-tive financial services market.
Xiaomi and Oppo, with morethan 100 million in combined smart-phone users in the country, cannotdirectly lend to consumers without ashadow banking licence and havepartnered Indian financial compa-nies to provide funds for servicesoffered on their platforms.
Xiaomi in December launchedits online lending service MiCredit inIndia, connecting users with Indianlending firms to access small loans.By the end of 2019, its platform haddisbursed loans worth $16.5 million.
Oppo introduced a similar finan-cial services model Oppo Kash inMarch. The Chinese phone brands,however, are keen to establish theirown non-banking financial compa-ny (NBFC) which will help improvemargins by allowing them to direct-ly sell financial products to their poolof smartphone users, people familiarwith their plans said.
“India is a very important mar-
ket...This (rule change) will have adampening effect,” said an indus-try executive familiar with Xiaomi’sconsumer finance plans.
That is because India’s new for-eign direct investment (FDI)rulesadd another layer in an approvalprocess already incumbered by redtape, a lack of transparency and wor-ries that Chinese investors areencroaching into Indian businesses.
The Reserve Bank of India (RBI)has been cautious about issuingsuch approvals after the near col-lapse of one major lender in 2018,and it may now go even slower. InApril, the government said it would
monitor FDI from companies basedin neighbouring countries, in whatwas widely seen as a move to keepChinese firms from taking stakes indistressed local businesses amid thecoronavirus crisis. China has calledthe rules “discriminatory”.
For Xiaomi and Oppo —both ofwhich sources say have been waitingfor around a year to get an NBFCapproval from the RBI — the policycomes when India’s smartphoneshipments are likely to decline by 10per cent this year due to the coron-avirus-led slowdown.
Xiaomi and Oppo did not resp-ond to a request for comment.
New investment policyupsets Xiaomi, Oppo’sconsumer finance plans
Both Xiaomi and Oppo had been waiting for around a year to get an NBFC approval from the Reserve Bank of India
ADITI DIVEKAR
Mumbai, 14 May
With about 60 per cent of the domestic courierindustry being fragmented and unorganised, it isstaring at a bleak future despite the latest set of re-laxation norms from the Ministry of Home Affairs.
“Almost 80 per cent of this industry runs oncredit and is largely made up of mid- and small-sized players. With inter-state lockdowns contin-uing and major consuming areas marked as Redzone, business is dead today. Nothing is moving forcourier industry players,” Manoj Kale, secretaryat Couriers Association of India (CAI) said.
CAI is formed to promote and protect theinterest of the small- or medium-sized Indiancourier companies operating both in the domes-tic and international sectors. “With internation-al flights, too, not operating, even overseas busi-ness is nil for domestic courier companies.Currently, nearly 95 per cent of domestic courierbusiness has halted. Only those working as fran-chise of large players and the big players them-selves are ruling the market,” Kale added.
The courier industry in India is made up of var-ied players starting fromlarge multinational fir-ms such as DHL, UnitedParcel Service (UPS) andFedEx India to domesticcompanies comprisingBlue Dart, DTDC Courierand Gati among others.
“Traditional trans-portesrs, with low-digi-tal technology deploy-ment for operations, willsuffer on account ofinability of all office staffto reach office or befunctional at the sametime,” said AnjaniMandal, chief executiveofficer (CEO) at FortigoNetworks and Logistics.
Bengaluru-basedFortigo, which providesservices across India, isa truck network fundedby Nandan Nilekaniand Accel Partners.“Due to zone-wiserestrictions, we cannotcommit to customers.Moreover, current cash
flow do not have the ability to carry the overheadsof pre-lockdown days as it would take time fordemand to get back to normal. After lockdown, wemay be forced to downsize operations,” said asenior official with Mumbai-based ProfessionalCouriers on condition of anonymity.
Some of the organised players are betterequipped to tackle the ongoing lockdown relatedissues. “Thanks to our investment in other tech-nologies we were able to move all our non-oper-ational processes, which depend on administra-tive and managerial resources, including sales,finance, IT, customer service to completely oper-ate in remote locations, with all the key resourcesworking from home,” said Abhishek Chakraborty,executive director of DTDC Courier.
The company has handled more than10,000 tonnes of essential goods during thelockdown, including PPE kits, Covid-19 testkits, life-saving drugs and other equipment.With revenues of over ~200 crore, DTDC hasgrown its presence over the year through boththe organic and inorganic growth routes.
Along with DTDC, large player Blue Dart, too,has implemented contactless delivery system.Services of Blue Dart Express have been opera-tional even during the lockdown. “We have beendelivering prescribed medicines within India andhave offered 25 per cent discount on domesticretail tariff for a hassle-free experience. Recently,the company extended door-to-door service ofshipping prescribed medicines for NRIs,” KetanKulkarni, chief marketing officer and head-busi-ness development at Blue Dart Express. Besides,the company has gradually started deliveringnon-essential commodities in permissible pincodes by the health ministry.
Domestic courierindustry staring at bleak future
TOUGH TIMES> 80% of domestic
courierindustryruns on credit
> 95% of mid- andsmall-sizedsectionof theindustry has halted business
> Zone-wiserestrictionsmakingbusiness tough
> Companies mayhave to downsizepost-lockdown
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O.W. No. Judi./No. 55/2020IN THE COURT OF THE ADDITIONAL DISTRICT & SESSIONS JUDGE,
NAVSARI, DIST. NAVSARI, GUJARATSpecial (NDPS) Case No. 70/1995Custom Department
FORM NO. 4Proclamation Requiring the Appearance of a Person Accused
(See Section 82)Where as complaint has been made before me that Accused No. 5-Aziz-Ur-Rehman
Mohmad Faizul Haque @ Faiz @ Yusufali, Resi. of 301,Varun Co-Op. Society, J.P. Road,Varsova, Andheri (West), Bombay, has committed (or is suspected to have committed)the offence punishable under Section 8(C) of the Narcotic Drugs and PsychotropicSubstance Act, 1985 and punishable under Section-22, 23, 25-A read with Section 9-A,27-A, 25, 29, 31, 31-A and Section 67 of Narcotic Drugs and Psychtropic Substance Act,1985 read with Section -120-B of Indian Penal Code, 1880 and Section-135-A of theCustoms Act, 1962 and it has been returned to a warrant of arrest thereupon issued thatthe saie Accused Smt. Dipti Sisodia cannot be found and whereas it has been shown tomy satisfaction that the said Aziz-Ur-Rehman Mohmad Faizul Haque @ Faiz @ Yusufali,has absconded (or is concealing himself to avoid the service of the said warrant);
Proclamation is hereby made that the said Aziz-Ur-Rehman Mohmad FaizulHaque @ Faiz @ Yusufali, Resi. of 301, Varun Co-Op. Society, J.R. Road, Varsova,Andheri (West), Bombay, before this Court (or before me) to answer the said complainton within 30 (Thirty) days from the date of publication of this Notice.
Dated, this 06th day of March, 2020 Sd/-(H. B. Paneri)
Additional Sections Judge, NavsariDist. Navsari, State - Gujarat.
Seal ofCourt
पनवेल महानगरपािलकाशहर अिभयंता िवभाग
.........................................................................................................................िनिवदा सूचना . पमपा/श.अ./७३१/२०२० िदनांक ः १४/०५/२०२०
फेर िनिवदाअ. . िनिवदा . कामाचे नाव
१. पमपा/श.अ./२०३/२०१९-२०
पमपा क्षे ातील भाग सिमती क मधील भाग . १४अिग्नशामक कें ाच्या बाजूने कच्छी मोहल्ल्यापयतअसणार्या नाल्यामध्येसुधारणा करणे.
२. पमपा/श.अ./२०६/२०१९-२०
पमपा क्षे ातील भाग सिमती क मधील भाग .१४ धाकटा खांदा गावामधील डोंगरे मंिदरापासूनसावजिनक नाल्यापयत व शिशकांत डोंगरे यांच्याचाळीपासून त े सावजिनक नाल्यापयत पावसाळीगटाराचे बांधकाम करणे.
या कामाच्या ई-िनिवदेबाबतची मािहती शासनाच्या ‘http://mahatenders.gov.in’या संकेतस्थळावर िद. १८/०५/२०२० रोजी िसद्ध करण्यात येईल. संबंिधतिनिवदाधारकांनी याची नोंद घ्यावी.
सही/-(डॉ. शांत रसाळ)
अितिरक्तआयुक्त, पनवेल महानगरपािलका
उ र मध्य रेल्वे, यागराजई-िनिवदा सूचना
भारता या रा पत साठी आिण वतीने िड हजनल रे वे मॅनेजर (व स) एन.सी रे वे, झाशी हेखालील कामासाठी ऑनलाईन ारे (ई-िनिवदा) ‘‘खुली िनिवदा’’ मागवीत आहेत.
कामाचे वणन ई-िनिवदा . अंदाजे र म बयाणा र मJHS/East : झाशी येथील पूवरे वे कॉलनीम ये िविवध स हसिब डंग या गळ या छतांचीद ती
JHS-Engg-HQ-
2020-59
₹७११५२५३.६७
₹१४२३००.००
िनिवदा अजाची िकमत ः . ५२५२.००, िनिवदा बंद हो याचा दनांक ः ०४-०६-२०२० रोजी१५.०० वा. कायपूत अवधी/ वीकतीप जारी क यापासूनचा कालावधीिनिवदा ऑनलाईन ारे ०४-०६-२०२० रोजी १५.०० वा. सादर करा यात. संपूण तपशीलआिणबोली सादर कर यासाठी कपया भारतीय रे वेचे संकत थळ www.ireps.gov.in पाहावे.
533/20 (S)उ र म य रे वे
कल्याण डोंिबवली महानगरपािलका, कल्याणपाणीपुरवठा िवभाग
िनिवदा सूचना .०२/२०२०-२१आयुक्त, कल्याण डोंिबवली महानगरपािलका क्षे ातील कामांकिरता योग्य त्या वगातीलनोंदणीकृत (सी.पी.डब्ल्यू.डी./सावजिनकबांधकाम महाराष्ट शासन/िसडको/बृहन्मुंबईमहानगरपािलका/र ेल्वे/मिज ा)क ं ाटदारांकडन िनिवदा मागवीतआह े.कोरे िनिवदा फॉम व िनिवदेबाबत सव अटी व शत ची मािहती महाराष्टाचे www.mahatenders.gov.in या संकेतस्थळावर िदनांक १५/०५/२०२० त े२९/०५/२०२० रोजी सायंकाळी ५.०० वाजेपयत उपलब्ध आहेत. िनिवदा ई-टेंडिरंगकाय णालीद्वारे िद. २९/०५/२०२० रोजी सायंकाळी ५.०० वाजेपयत भरता य ेतील.ाप्त िनिवदा िद. ०१/०६/२०२० रोजी सकाळी ११.०० वाजता शक्य झाल्यासउघडण्यात येईल.िनिवदेबाबतची अिधक मािहती www.mahatenders.gov.in या संकेतस्थळावरउपलब्ध आहे. महाराष्ट शासनाच्या पिरप क . जीएसटी-१०१७/ . .८१/कराधान-१, िद. १९/०८/२०१७ नुसार िनिवदा सादर करताना १ जुलै २०१७ नंतरलागू झालेल्या जीएसटीकराच्या बोजाचा िवचार करूनच िनिवदा सादर कराव्यात.कोणतीही िनिवदा िकंवा सव िनिवदा कोणत ेही कारण न देता नाकारण्याचा अिधकारआयुक्त कल्याण डोंिबवली महानगरपािलका यांनी राखून ठ ेवला आहे व त्यांचा िनणयकायदेशीररीत्या सव िनिवदांसाठी बंधनकारक राहील.
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dm§Ðo Q {_©Zg - Amo»mmdm§Ðo Q {_©Zg
H m`©MbZmMo {Xdg : dm§Ðo Q {_©Zg `oWyZ - 17.05.2020, 19.05.2020,21.05.2020, 23.05.2020, 25.05.2020, 27.05.2020,29.05.2020, 31.05.2020, JmSr H« . 00921 (dm§Ðo Q {_©Zg -Amo»mm) dAmo»mm `oWyZ-19.05.2020,21.05.2020,23.05.2020,25.05.2020, 27.05.2020, 29.05.2020 ,31.05.2020, Q´oZH« . 00920 (Amo»mm - dm§Ðo Q {_©Zg)JmSr H« . 00921
ñQoímÝgQ´oZ H« . 00920
AmJ_Z n«ñWmZ AmJ_Z n«ñWmZ-- 21.30 dm§Ðo Q {_©Zg 05.55 --
00.05 00.15 dmnr 03.15 03.2500.35 00.40 dbgmS 02.50 02.5501.30 01.40 gwaV 01.55 02.0502.15 02.20 A§H boída 01.10 01.1502.30 02.35 ^ê M 00.55 01.0003.25 03.35 dSmoXam 23.55 00.0504.10 04.20 AmU§X 23.10 23.2005.10 05.30 Ah_Xm~mX 22.00 22.2006.20 06.25 {dam_Jm_ 21.05 21.1009.30 09.50 amOH moQ 17.40 18.0011.20 11.30 Om_ZJa 16.00 16.1014.00 -- AmoIm -- 13.30
H _mb ^madhZ 1 ìhrnrO² + 1 EgEbAma Ago Agob .
nmoa~§Xa - ímmbr_ma - nmoa~§XaH m`©MbZmMo {Xdg - nmoa~§Xa `oWyZ - 16.05.2020, , 18.05.2020,, 20.05.2020, 22.05.2020, 24.05.2020, 26.05.2020,28.05.2020, 30.05.2020, JmSr H« . 00913 (nmoa~§Xa - ímmbr_ma) d ímmbr_ma `oWyZ - 18.05.2020, 20.05.2020, 22.05.2020,24.05.2020, 26.05.2020, 28.05.2020, 30.05.2020,01.06.2020, JmSr H« . 00914 (ímmbr_ma - nmoa~§Xa)JmSr H« . 00913
ñWmZHoJmSr H« .. 00914
AmJ_Z n«ñWmZ AmJ_Z n«ñWmZ- - 08.00 nmoa~§Xa 18.25 - -
10.25 10.35 Om_ZJa 15.30 15.4012.10 12.20 amOH moQ 13.30 13.4014.10 14.20 gwao¨Ð ZJa 11.25 11.3516.30 16.50 Ah_Xm~mX 09.00 09.2018.10 18.25 AmU§X 07.30 07.4019.10 19.20 dSmoXam 06.35 06.4521.20 21.30 gwaV 04.25 04.3523.30 23.35 Z§Xwa~ma 01.50 01.5502.40 02.50 ^wgmdi 22.30 22.4004.50 05.00 AH mobm 20.15 20.2506.40 06.50 ~SZoam 19.00 19.1009.50 10.00 ZmJnya 16.00 16.1013.40 13.50 XwJ© 12.00 12.1014.20 14.30 am`nya 11.00 11.1016.10 16.20 {~bmgnya 09.20 09.3019.20 19.30 PagwJwSm O§ŠímZ 06.20 06.3020.45 20.55 amD aHo bm 04.50 05.0022.20 22.30 MH« Yanya 03.20 03.3023.20 23.30 QmQm ZJa 02.20 02.3001.20 01.30 »maJnya O§ŠímZ 00.30 00.4003.30 -- ímmbr_ma - - 22.50
H _mb ^madhZ 5 ìhrnrO² + 1 EgEbAma Ago Agob.
nmbZnya - H QH - nmbZnyaH m`©MbZmMo {Xdg : nmbZnya `oWyZ 16.05.2020 JmSr H« . 00961(nmbZnya - H QH ) d H QH `oWyZ 18.05.2020 JmSr H« . 00962(H QH - nmbZnya)JmSr H« . 00961
ñWmZHJmSr H« . 00962
AmJ_Z n«ñWmZ AmJ_Z n«ñWmZ-- 22.30 nmbZnya 06.15 --
01.00 01.30 Ah_Xm~mX 03.15 03.4502.35 02.45 AmU§X 02.00 02.1007.30 07.40 aVbm_ 21.10 21.2009.20 09.30 CÁO¡Z 19.30 19.4012.15 12.20 g§V {haXmam_ ZJa 16.40 16.4514.40 14.50 ~rZm O§. 14.10 14.2018.50 19.00 H QZr _wadmam (Ho E_PoS) 10.00 10.1023.30 23.40 {~bmgnya O§. 05.20 05.3002.50 03.00 PagwJwSm amoS 01.00 01.1503.40 03.50 g§~bnya {gQr 00.10 00.2006.20 06.30 VbMoa amoS 21.30 21.4009.30 -- H QH -- 19.30
H _mb ^madhZ 22 ìhrnrO² + 1 EgEbAma Ago Agob .
15\o è`m
16\o è`m
2\o è`m
amOH moQ - H moB©å~VyaamOH moQ
H m`©MbZmMo {Xdg : amOH moQ `oWyZ {X. 19.05.2020, 23.05.2020,27.05.2020 d 31.05.2020 amoOr, JmSr H« . 00926 (amOH moQ- H moB©å~Vya) d H moB©å~Vya `oWyZ 22.05.2020, 26.05.2020,30.05.2020 d 03.06.2020 amoOr (H moB©å~Vya - amOH moQ).
JmSr H« . 00926ñWmZHo
JmSr H« . 00927AmJ_Z ßm«ñWmZ AmJ_Z ßm«ñWmZ-- 17.30 amOH moQ 00.25 --
19.10 19.20 gwao¨ÐZJa -- --21.30 22.00 Ah_Xm~mX 20.15. 20.4523.00 23.30 AmU§X 18.45 19.1500.05 00.35 dSmoXam 17.40 18.1001.20 01.50 ^ê M 16.30 16.4002.05 02.15 A§H boída 16.05 16.1502.40 03.10 gwaV 15.10 15.4005.50 06.10 dgB© amoS 12.10 12.4007.20 07.50 nZdob 10.30 11.0009.50 10.20 nwUo 08.00 08.3011.20 11.50 Xm¡¨S 06.30 07.0014.00 14.15 gmobmnya 04.20 04.3516.50 17.20 dmSr 01.05 01.3519.50 20.10 {gH§ Xam~mX 22.00 22.3002.50 03.20 Y_m©da_ 16.10 16.2006.40 06.50 H¥ îUamOnya_ 12.00 12.10-- -- gmbo_ 06.50 07.00
12.15 12.25 EamoS o O§. 05.45 05.55-- -- {Véßnya 04.45 04.55
14.30 -- H moB©å~Vya O§. -- 04.00H _mb ^madhZ 5 ìhrnrO² + 1 EgEbAma Ago Agob.
AmoIm - JwdmhmQr - AmoImH m`©MbZmMo {Xdg : AmoIm `oWyZ - 15.05.2020, 17 .05.2020,19.05.2020, 21.05.2020, 23.05.2020, 25.05.2020,27.05.2020, 29.05.2020, JmSr H« . 00949 (AmoIm - JwdmhmQr)d JwdmhmQr `oWyZ 18.05.2020, 20.05.2020, 22.05.2020,24.05.2020, 26.05.2020, 28.05.2020, 30.05.2020,01.06.2020 JmSr H« . 00950 (JwdmhmQr AmoIm)
JmSr H« . 00949ñWmZHo
JmSr H« . 00950AmJ_Z ßm«ñWmZ AmJ_Z ßm«ñWmZ-- 07.15 AmoIm 01.10 --
09.50 10.00 Om_ZJa 22.25 22.3511.30 11.40 amOH moQ 20.45 20.5513.40 13.50 gwao¨ÐZJa 18.35 18.4516.00 16.20 Ah_Xm~mX 16.05 16.2517.10 17.20 AmU§X 15.05 15.1517.55 18.05 Nm`mnwar 14.20 14.3022.20 22.30 aVbm_ 10.20 10.3002.50 03.10 H moQ m 05.40 06.0004.30 04.40 gdmB© _mYmonya 04.10 04.2006.50 07.00 ~m`mZm 01.50 02.0008.30 08.50 Am½m«m \ moQ© 23.50 00.2009.30 09.40 Qw§Sbm 23.00 23.1012.40 12.55 H mZnya 19.45 20.0014.05 14.20 bIZm¡ 18.20 18.3519.20 19.50 dmamUgr 12.50 13.2020.10 20.20 n§. XrZX`mi
CnmÜ`m` O§.12.20 12.30
23.20 00.10 nmQUm O§. 08.50 09.2001.40 02.10 _wPâ\ anya O§. 06.50 07.2006.40 06.50 H {Qhma 02.10 02.2013.50 14.00 Ý`y ~mo¨JmB©Jmd 19.00 19.1016.00 16.30 Mm§Jgmar 16.30 17.0017.00 -- JwdmhmQr -- 16.00
H _mb ^madhZ 5 ìhrnrO² + 1 EgEbAma Ago Agob.
n{íM_ aoëdo
Qrn :1. _§Oya Wm§ã`m§daM nmg©b_Ü`o gm_mZ ^aUo/CVadÊ`mMr
nadmZJr Agob.2. gXa JmSçm§VyZ H moUmhr ßm«dmímmg ßm«dmg H aÊ`mMr nadmZJr
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B©-_ob [email protected] `oWo g§nH© gmYm.
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16\o è`m
8\o è`m