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Indian innovators and Start-ups making a mark in GES

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
The three - day 8th Global Entrepreneurship Summit (GES) for the first time in India reflects the growing security and economic partnership between America and India, Ivanka Trump, the daughter of US President Donald Trump and his Advisor observed. The three-day event, being co-hosted here by the US and India, is being attended by 1,500 entrepreneurs, investors and eco-system supporters from 159 countries.
The theme of the 8th GES is Women First, Prosperity For All.  Trump said that this is the key to our future.

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Indian women entrepreneurs will be main focus in Global Entrepreneurship Summit

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
The three - day Global Entrepreneurship Summit will be held on November 28 to 30, 2017 in Hyderabad jointly hosted by India and United States of America under the theme ‘Women First, Prosperity for All’. This is the eighth annual summit which was the brainchild of former US President Barack Obama. It has been held in other locations such as Istanbul, Dubai and Silicon Valley.

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President, PM pay homage to 26/11 victims; its time media practitioners introspect

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
The President of India, Ram Nath Kovind while paying his tributes to the victims of 26/11 Mumbai terror attacks on its Ninth Anniversary said people must resolve to take on, defeat and eliminate terrorism in all forms.  He also stressed that all Indians mourn with the families who lost their dear ones while also recalling with gratitude the security personnel who gave their lives in the battle against evil.
It may be recalled that about 166 people were killed and more than 300 injured when the terrorists of Pakistan-based Lashkar-e-Taiba launched a series of attack on India's commercial capital on November 26, 2008 targeting the Taj.

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Election is heating up as EC team to reviews preparedness of Meghalaya

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
A four member Election Commission (EC) team led by Chief Election Commissioner (CEC) A. K. Jyoti will visit three northeastern states - Tripura, Nagaland and Meghalaya  by next week to review the poll preparedness, announced the official sources. The five-year term of the Assemblies in Meghalaya, Nagaland and Tripura, with 60 seats each, would expire on March 6, 13, and 14, respectively.

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President approves ordinance that bars wilful, habitual defaulters

Written by Meghalaya Times. Posted in Editorial

Thomas Lim
President Ram Nath Kovind has given his approval to an ordinance that amends the Insolvency and Banking Code (IBC) 2016 a day after this was sent to him by the Union Cabinet on November 22, 2017. The ordinance that bars wilful and habitual defaulters from bidding for stressed assets was promulgated with tough provisions to prevent any attempts by them to regain control of companies in difficulty.
The Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The amendments aim to keep-out such persons who have wilfully defaulted, are associated with non-performing assets, or are habitually non-compliant and, therefore, are likely to be a risk to successful resolution of insolvency of a company.

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