Citizens' Issues
Ramdev noodles will be out in November

Yoga guru Baba Ramdev's Patanjali Atta Noodles will hit the market in the first week of November.

"We have started stocking Patanjali noodles in various supermarkets of north India and will launch it in the first week of November," company spokesman S.K. Tijarawala told IANS.

Each pack of noodles would cost Rs.15 - with no added lead or monosodium glutamate (MSG).

 

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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COMMENTS

Dr Anantha K Ramdas

1 year ago

After seeing their advertisement recently on toothpaste and biscuits, I went around shops in our area, Koramangala, in Bengaluru, but could not find any which stocked the items.

Atlease Patanjali must make some regional announcements with names of main distributor or stockists so that we can contact them.

REPLY

pinakin mamtora

In Reply to Dr Anantha K Ramdas 1 year ago

Dr.Ramdas: UR right, their distribution network needs to improve. Hopefully, their tie-up with Big Bazaar will make their products available at more locations soon. On a lighter yet relevant note, may be you could explore possibilities of opening a outlet selling their products in Bangalore: it would be a win-win for you as well as the customers. You may google their website for this purpose.

pinakin mamtora

1 year ago

Well done Baba Ramdev...give the MNCs a run for their money...they have earned enough selling low tech products to Indians at fancy prices for many decades. Now, it is time for Indian companies to provide good quality products at reasonable prices & thus save the Nation of precious foreign exchange that is repatriated by these MNCs to their parents abroad. Wish you great success Patanjali !!

Quantum Mutual Fund launches eKYC

The online eKYC involves just one simple form, absolutely no paperwork or physical appearance, according to a release from Quantum AMC

 

Quantum Mutual Fund announced the launch of eKYC (electronic Know Your Customer), where it will allow first time investors to fill up a simple form and complete their KYC formalities, in a totally paperless manner, without the need of physical submission of any form / document proofs or physical appearance, according to a release from Quantum AMC.
 
On the launch of the eKYC facility, the CEO of Quantum AMC Jimmy Patel said, “We are proud to offer another completely online facility – eKYC – which will make investing simpler and faster for investors. We have focused on ensuring that first step of investments is very convenient and a completely paperless experience for new investors.”
Here’s the 4-step simple process:
 
1. Investor visits http://ekyc.quantumamc.com
 
2. Submits Name, Mobile number and Email id
 
3. Fills the standard KYC form; provides PAN, bank details
 
4. eIPV to be subsequently done
 
The investor’s details will be verified by Quantum through independent sources. The last leg of the transaction – IPV or ‘In Person Verification’ will also be done from the comfort of the investors’ home/office, through a camera – but during Quantum office hours only.
 
Once the eIPV is done successfully, KYC formalities are over and the KRA (KYC Registration Agency) will process the documents.
 
The new eKYC facility is available for first time investors on their website.

User

COMMENTS

Sunil Rebello

1 year ago

Dear Sir / Madam,
Is it a rule that for every Bank Ac, MF Ac, Demat Ac the KYC norms required to be updated every 3 to 5 years.
WHAT IS THE GOVERNMENT RULE.
THANKS N REGARDS
sunil

Francis Xavier

1 year ago

When MF Utility will bring all these service? Even after 6 months their online service not yet started!!

Francis Xavier

1 year ago

As usual, great job by Quantum. They are truly DIRECT to investor and clearing the bottleneck in mutual fund investing well.
So it is completely paperless for new investor.

M Muralidharan

1 year ago

Good start. Change of bank details with MF must also be simplified. Banks benefit by fund movement via MF transactions. By just doing online verification of details submitted, copies of check etc can be eliminated...

R Balakrishnan

1 year ago

This is excellent. The fat cats like HDFC and ICICI lie back and have become so arrogant that they do not want customers now.

Police recovered Rs16.68 lakh from contractor for delay in HQ construction

Construction of Mumbai Police headquarter building has been delayed by 32 months for which the contractor was fined Rs16.68 lakh, reveals a reply received under RTI

 

The Maharashtra State Police Housing and Welfare Corp (MSPHWC) has fined a contractor for delay in construction work for its head quarter building and recovered Rs16.68 lakh, reveals a reply received under the Right to Information (RTI) Act. 
 
According to information received under RTI by activist Anil Galgali, the project has been delayed by 32 months and contractor Choudhary and Choudhary has been fined Rs16.68 lakh for the delay.
 
Galgali had filed a query with the Maharashtra State Police Housing and Welfare Corp seeking information about the new building for head quarter. 
 
In response, Public Information Officer (PIO) and Audit officer SM Devkar informed Galgali that, the work order for the proposed project was issued to the contractor Choudhary and Choudhary on 25 August 2011 for a cost of Rs32 crore and the period for completion of the project was envisaged for 18 months. 
 
The project was supposed to be completed by 24 February 2013 was given an extension upto 31 May 2014. The cost escalation in the project was Rs22.55 crore of which Rs13.88 crore was for building works and other activities, Rs5.75 crore was for interiors and furnishings, Rs23 lakh for kitchen and canteen, and Rs2.69 crore for air conditioning of the building.
 
Hafeez Contractor was appointed as the Architect for the project and was paid a fee of Rs36.48 lakh, the information reveals. 
 
Galgali was further informed that building would be for ground plus six floors and the new building would accommodate 32 officers and 950 staff.

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