Latest Panaji Stories

2008-10-06 06:00:29

Researched by Industrial Info Resources (Sugar Land, Texas) -- Vedanta Resources plc (LSE:VED) (London) announced a group restructuring plan in early September in response to shareholders requesting elimination of conflicts of interest and a simplification of the corporate structure. However, in view of the current changes in the global financial market and feedback from its investors, the company has deferred the restructuring plan to a time when market conditions are more favorable. Vedanta...

2008-09-27 21:00:16

PANAJI: One Vivekanand Salgaonkar (20), a student of Agnel Ashram, who went for a swim off Calangute beach along with seven classmates, drowned on Thursday afternoon. The body is yet to be traced. Meanwhile, the body of Arun Balaji (19), who drowned off Baga beach, was found on Thursday morning. His body was found near Baga beach by locals who later informed the police . Arun from Coimbatore, who came to Goa with 19 classmates on a tour, had gone for a swim late Tuesday evening. (c) 2008...

2008-09-22 06:00:24

Researched by Industrial Info Resources (Sugar Land, Texas) -- Vedanta Resources plc (LON:VED) (London) recently announced plans for an eight-fold increase in the iron ore production capacity of its Indian subsidiary Sesa Goa Limited (BOM:500295) (Panaji, Goa) to 100 million tons per year over the next five years. Vedanta will make initial investments of about $700 million in Sesa Goa to attain production of 25 million tons per year by 2010. Vedanta currently holds a 57% equity interest in...

2008-09-21 00:00:23

By Preetu Nair PANAJI: Hospitals in Goa engaged in medical tourism forsee a 50% fall in arrival of foreigners this season. Alarmed by initial trends, some hospitals are planning new schemes to attract walk-in foreign tourists. "We expect a 50% decline among foreign tourists who come for dental, cosmetic or bariatic treatment to Goa. Generally during the tourist season, about 10 rooms are booked by foreigners, but the quantum is expected to be less this season," said Victor Albuquerque,...

Word of the Day
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.