Citizens' Issues
False reports on dance bars: Fadnavis suspends four policemen
Mumbai : Chief Minister Devendra Fadnavis on Friday ordered the suspension of four policemen for filing false reports on compliance of conditions by dance bars before they are allowed to reopen for business, officials said here.
 
The four policemen, including three inspectors and an assistant inspector, have been accused of dereliction of duty and false reporting on compliance of conditions set by the state government with Supreme Court approval to grant licences to the dance bars.
 
Fadnavis has also ordered a departmental enquiry against the four police personnel in this regard.
 
Following an apex court order, the Mumbai Police issued licences to four dance bars on Tuesday (March 15), after a gap of 11 years since they were shut down.
 
Besides, more dance bars applied for police permissions to reopen even as the Maharashtra government announced it would bring in new legislation to completely ban them.
 
"Mumbai Police Commissioner D.D. Padsalgikar had sought a report from these officers regarding compliance of conditions set out by the state government with the Supreme Court's approval for granting licenses to dance bars," said Fadnavis in a series of tweets.
 
The dance bars have been ordered to comply with a stringent set of conditions before they can be allowed to reopen and the four policemen suspended have been charged with misreporting on the compliance of the same, the officials said.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Jewellery shops open in Tamil Nadu but strike to continue
Chennai : Jewellery shops in Tamil Nadu have started functioning but there is no internal division within the industry and the indefinite strike against excise duty on products will continue till the government listens, said senior official of a trade association.
 
"Except in Tamil Nadu, the trade is on strike in other southern states like Kerala, Karnataka, Andhra Pradesh and Telangana. In south, there are large players," All India Gems & Jewellery Trade Federation (GJF) director Ashok Minawala told IANS.
 
GJF zonal committee member Jayantilal Challani told IANS that the industry in Tamil Nadu is in a different league. 
 
"They are operating in a corporate set up with big showrooms wherethe overheads are high and has to be met," said Challani, who is also president of the Madras Jewellers and Diamond Merchants Association. 
 
He said the industry in north is strongly againt the central government's decision to impose excise duty.
 
The gems and jewellery industry is on indefinite strike since March 2 in protest against the central government's decision to inpose excise duty.
 
However both the officials stress that there is no internal division in GJF on the issue of big shops doing business in Tamil Nadu.
 
Jewellery shops in Tamil Nadu are operating since Thursday afternoon.
 
According to Minawala, the industry has lost around Rs.20,000 crore of business due to the strike.
 
"The strike will continue till the government discusses the issue with us and take suitable action. We have made several suggestions on the issue," he said.
 
Minawala said the strike will affect the exports and also bigger players with chain of showrooms would start feeling the pinch when the supplies dry out.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Car sales declined for the second consecutive month in February
While motorcycle sales and UV sales grew, car sales declined for the second consecutive months in a row
 
Passenger vehicle sales grew by 1.7% in February 2016 says a research report by Religare Capital Markets Ltd. These were largely driven by compact utility vehicle (UV) volumes, which correspondingly jumped a whopping 21%.  Another silver lining was the growth in motorcycle sales, which rose by 11%, though on a low base. Scooters too grew by an impressive 18%, the report says. 
 
On the negative front, car volumes declined by 4%. Domestic passenger car sales declined to 1,64,469 units in February as against 1,71,703 units in the same month last year. After consecutive 14 month of growth, car sales have declined by second consecutive months in a row. Hyundai, Honda Cars and Tata Motors all reported double digit decline in volumes, while Maruti’s volumes declined by 3.9% y-o-y (year-on-year).  The Religare report further stated that Honda’s recent face lift of Amaze failed to create excitement with sales at 4,100 units registering a decline of 43% y-o-y. 
 
Brands by Maruti are the clear winners in different passenger car segments except the UV segment in terms of market share. Among the different brands, Alto leads with 49% market share in mini cars. Swift is the market leader in compact cars. Dzire leads in super compact cars with 38% market share. In the UV segment, Mahindra’s Bolero is the leader with 14% market share. The market share for UV segment is distributed across a number of brands. 
 
Utility vehicle sales were driven by many new launches. These include Hyundai’s Creta and KUV100 and TUV300 from Mahindra stable. In the UV segment, Maruti is launching its Vitara Brezza, which is expected to be a tough competitor to M&M’s TUV300, and Duster from Renault. 
 
In the motorcycles segment, Honda Motorcycle and Scooter India (HMSI) sales have risen by 10%, while its rival Bajaj Auto’s sales have grown by a little more than 30%. 
 
In the scooters segment, Honda’s Activa is way ahead of its competitors with nearly 50% market share. Honda Activa sales grew by 18%. Honda commenced its operations at the new scooter plant in Gujarat, which aided Honda’s scooter sales. 

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