BUSINESS

J&K Bank appoints Nitishwar Kumar as additional director

J&K Bank appoints Nitishwar Kumar as additional director

Srinagar, October 10: Jammu and Kashmir Bank appointed appointed Nitishwar Kumar and IAS officer and Principal Secretry to Lt Governor as additional director on the Board of the Bank. The letter issued by the bank reads, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate that the […]

J&K Bank CMD R K Chhibber gets 6 months extension

J&K Bank CMD R K Chhibber gets 6 months extension

Srinagar, Oct 7: Reserve Bank of India (RBI) has extended the tenure of J&K Bank Chairman & Managing Director (CMD) R K Chhibber by another six months from October 10, 2020. An order copy reads, In a regulatory filing today, the bank said, “…the Reserve Bank of India has extended the term of R. K. […]

Gulmarg Gondola, Jammu Ropeway made operational

Gulmarg Gondola, Jammu Ropeway made operational

SRINAGAR, OCTOBER 05: The government of Jammu and Kashmir has resumed the commercial operation of Gulmarg Gondola Section-I (Gulmarg–Kongdoori) from September 27, 2020, World Tourism Day and Section (2) of Jammu Ropeway from Bahu to Mahamaya from 3rd of October 2020. The operations at both Ropeways are being carried out by observing all preventive protocols […]

Post 370 abrogation, less than 500 tourists visit Kashmir

Post 370 abrogation, less than 500 tourists visit Kashmir

Srinagar, Sept 10: The tourism sector in Kashmir has witnessed inflow less than 500 tourists post abrogation of special status on August 5, 2019. It has been learnt through sources that less than 500 domestic tourists have visited Valley since Government of J&K UT lifted ban on tourism activities across J&K. Earlier the restrictions were […]

Indefinite lockdown of business establishments in Kashmir serious infringement on rights of traders: KCC&I

Indefinite lockdown of business establishments in Kashmir serious infringement on rights of traders: KCC&I

Srinagar, Aug 13: Kashmir Chamber of Commerce and Industry (KCC&I) Thursday termed the indefinite lockdown of business establishments in Kashmir especially Srinagar as a serious infringement on the rights of the business community to earn a livelihood. “Despite full cooperation extended by the general public and the business community, the administration appeared to be running […]

Administration to establish 37 Industrial Estates across J&K, transfers 9654 kanals of land

Administration to establish 37 Industrial Estates across J&K, transfers 9654 kanals of land

SRINAGAR, JULY 24: The Administrative Council (AC), which met here under the chairmanship of Lieutenant Governor, G C Murmu, approved transfer of State land measuring 9654 Kanal 01 Marla in favour of Industries and Commerce Department for establishing Industrial Estates at 37 identified locations in the Union Territory of Jammu and Kashmir. Consequently, the identified […]

J&K Real Estate (Regulation and Development) Rules, 2020 approved

J&K Real Estate (Regulation and Development) Rules, 2020 approved

Srinagar, July 19:  The Administrative Council (AC), which met here under the chairmanship of Lieutenant Governor, G C Murmu, accorded sanction to the draft Jammu and Kashmir Real Estate (Regulation and Development) Rules, 2020 under the Real Estate (Regulation and Development) Act, 2016, which has been recently made applicable to the Union Territory by way […]

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