Fortune Group of Hotels bags Best Company of the year 2018
Dubai: Fortune Group of Hotels, UAE; bagged the Best Company of the year 2018 – Hospitality and Leisure at India – UAE Business Summit and Awards.
Praveen Shetty, Chairman – Fortune Group of Hotels received the award for the Best Company of the year 2018 at a glittering ceremony in Atlantis, The Palm – Dubai. The award was presented by his Excellency Suhail Mohammad Al Zarooni in presence of other dignitaries and celebrity guests.
H.H. Sheikh Tahnoon bin Saeed bin Tahnoon Al Nahyan, Shri Vipul, Consulate General of India – Dubai, K.C. Tyagi (MP, Chief General Secretary and spokesperson, JDU), Sirkikonda Madhusudhana Chary (Speaker of Telangana Legislative Assembly), Sharad Tripathi (Member of Parliament), Gajendra Chauhan, (Ex-Chairman of FTII and Bollywood actor) and Rajpal Yadav (Bollywood Actor) besides several other successful business persons from UAE and India.
Hariom Tyagi, Editor-in-Chief at Observer Dawn, Magazine also launched a special issue of the magazine highlighting the growing relations of Indian and UAE business community.
Speaking at the occasion, Shetty said “India is the first trading partner for the UAE. Now both countries are seeking to increase innovation and entrepreneurship in sectors of mutual interest. The UAE-India relationship has entered a vibrant growth phase with bilateral trade on track to exceed $100 billion by 2020”
Meanwhile, he thanked the organizers of India-UAE Business Summit, Observer Dawn and Hot Entertainment and Media PVT LTD. for bestowing him and his company with this honor.
He also acknowledged the efforts and vision of His Excellency Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE, and Ruler of the Emirate of Dubai for making Dubai a land of opportunities and giving the business community here a platform to grow and make new success stories.
Report: Shodhan Prasad
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Maharashtra government reduces Ladki Bahin Yojana stipend for 8 lakh beneficiaries: Report
Mumbai: The Maharashtra government has reportedly cut down on the stipend received by eight lakh beneficiaries of the Mukhya Mantri Majhi Ladki Bahin Yojana.
Under the revised structure, the beneficiaries will receive Rs 500 instead of Rs 1,500 per month because they already receive Rs 1,000 under another government scheme, the Namo Shetkari Mahasanman Nidhi (NSMN), as reported by the Times of India.
The Ladki Bahin scheme has the stipulation that its beneficiaries can avail other government schemes only if the benefit is capped at Rs. 1,500 per month.
“There has been an ongoing scrutiny. First to scan the applications that were sent by the districts to the state headquarters. And then to re-scrutinise the eligible cases,” TOI report quoted an official as saying.
Maharashtra Chief Minister Devendra Fadnavis had earlier said he expected the number of beneficiaries to reduce by 10-15 lakh after the scrutiny process. "We are not changing criteria or funding, just ensuring only eligible ones get the stipend," he claimed.
The Opposition remarked that the state government is cheating the women who voted them to power.
The Mahayuti government had launched the Ladki Bahin Yojana in July 2024, where it provides Rs 1,500 per month to eligible women under the scheme. In its poll manifesto ahead of the state Assembly elections, the Mahayuti had promised to increase the amount to Rs 2,100. However, this commitment has not been fulfilled.
Meanwhile, Maharashtra’s debt projection is Rs 9.3 lakh crore for 2025-26. The outlay for the Ladki Bahin scheme was reduced from Rs 46,000 crore to Rs 36,000 crore in the 2025-26 budget.
