A tough year ahead for some

Although some segments of the economy are beginning to show gradual signs of recovery, the New Year will continue to pose challenges for some businesses, especially small enterprises, an importer said. According to Global Marketing & Distributors (NZ) Limited Directors Surya Sharma and Dhirendra Nath, the New Zealand marketed is competitive and highly saturated with an increasing number of players.…

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Indian bank forecasts robust growth

Notwithstanding the tight money market conditions, Bank of Baroda is confident of registering higher levels of growth and profitability in every centre of its operations, including New Zealand, the Bank’s Chairman & Managing Director Mangalore Devadas Mallya said. He said customer focus would remain strong at the core of all activities, bringing to this country the best of the Bank’s…

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India pays homage to her forgotten children

The victims of the Indenture System (1834-1920), India’s forgotten children, finally received their long overdue recognition, as Overseas Indian Affairs Minister Vayalar Ravi unveiled the Kolkata Memorial at an emotion-charged function in the West Bengal State Capital on January 11. Hundreds of people including descendants of indentured labourers, leaders from Australia, Canada, Fiji, Guadalupe, Guyana, India, Kenya, Mauritius, the Netherlands,…

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