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CII-Goa programme on indirect taxes
Bollywood singer Ash King visits 'Mall de Goa' Seminar for start-ups by WTC- Goa LIC Housing Finance Q4 Net Profit up by 18%

PANAJI: Well know Bollywood singer Ash King visited Mall de Goa on Friday April 15. Ash King was in Goa to perform in Live in Concert at Kala Akademy. He was welcomed by Directors of Mall de Goa Bhuvanish Shet and Dr Shekhar Shet. It was a pleasant surprise for the consumers who were present in the Mall during his visit. He interacted with the customers and even obliged many of his fans with selfies. He enthralled the audiences with his brief performance. Games were conducted for customers and Ash King himself distributed passes for his concert as prizes. NT

PANAJI: To promote Make in India the World Trade Centre- Goa organised an interactive seminar on sustainable entrepreneurship. "Leapfrogging the barriers in your entrepreneurial journey" was the theme of the seminar where participants were urged to build their own enterprise. Mangirish Salelkar, CEO and co-founder, UMANG Software enumerated lessons learnt from running his own venture. Umang is among the very few Goan listed exporters of the software products overseas, said Salelkar.  Sanjay Parmar, manager, Canara Bank, informed about the various financial schemes and assistance provided by the government through the banks and encouraged people to avail of the benefits. NT

MUMBAI: LIC Housing Finance announced its audited results for the year ended March 2016, following its approval by the Board of Directors in a meeting held in Mumbai. The company's Net profit after tax for Q4 FY16 stood at Rs 448.02 cr showing a growth of 18% when compared to the corresponding quarter of the last year. The total income was Rs 3274 crores as against Rs 2861 crores during the same period previous year, a growth of 14%. Income from operations grew 15% from Rs 2832 crores to Rs 3246 crores. Net Interest Income was Rs 821 cr, registering a growth of 26% over the same period last year. Profit before Tax for the quarter was Rs 694.27 cr a growth of 21% over the same period in the previous year. Net Interest Margins for the Q4 FY16 stood at 2.71% as against 2.47% for Q4 FY15. NT