Samsung’s Country Head of enterprise business resigns
Samsung India on Friday said that its country head for enterprise business Sameer Garde has left the company. “Sameer Garde, country head for Samsung’s enterprise business in India has decided to move on to new career opportunities,” Samsung said in a statement. Garde had joined Samsung to set up the enterprise business for
a short duration on project basis, it added. “Both Sameer Garde and Samsung have come to a mutual agreement on this decision since the assigned project has been successfully completed due to his tremendous contribution. We wish Sameer Garde good luck in his new assignment,” a Samsung spokesperson said. Sameer Garde said: “My mission at Samsung for the last year was to set up the enterprise business in India. After completion of this project, I have decided to move on”.
loop Mobile, loop Tele owe Rs 808 cr to govt: DoT
The Government has estimated that Khaitan Group’s telecom companies loop Mobile and loop Telecom owe about Rs 808 crore in spectrum and other charges to the DoT, which is likely to start recovery proceedings soon. “Over Rs 75.67 crore spectrum usage charge (SUC), one-time spectrum charge of Rs 606.72 crore are outstanding against loop Mobile. Over 2.04 crore SUC and additional Rs 124.18 crore as reserve price have to be paid by loop Telecom under a Supreme Court direction,” an official source said. Khaitan Group sold assets of loop Mobile, which operated in Mumbai, to Bharti Group in February. loop Telecom shut operations in April, 2012 after the Supreme Court cancelled its permits in February 2012.
DlF moves SC against CCI order slapping Rs 630 crore penalty
The Supreme Court on Friday issued a notice to Competition Commission of India(CCI) on a plea of DlF challenging its order imposing a fine of Rs 630 crore for allegedly resorting to unfair business practices and restrain it from taking coercive action against the firm till August 7. A bench of justices Ranjana Prakash Desai and N V Ramana also sought responses from Haryana government, Haryana Urban Development Authority (HUDA) and the resident’s association on whose plea the competition watchdog had imposed the penalty on the company.
Ahmedabad may get ‘testing lab for pharma and medical sector
Ahmedabad is likely to get a testing laboratory for the pharma machinery and medical devices sector if the Gujarat government makes a proper representation to the Centre in this regard, a senior official said on Friday. “If the Gujarat Government makes a proper representation, then Ahmedabad will probably get a testing lab for the pharma and medical device sector,” Union Commerce and Industries Ministry’s Joint Secretary Ravi Capoor said while answering queries by stakeholders of the sector. Capoor assured that small manufacturers would benefit if such a lab is established. Speaking at a meeting of the newly-formed panel of the Engineering Export Promotion Council, he promised stakeholders of the sector that action would be taken against low-quality products being dumped into the country.