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Time of India
2 days ago
- Business
- Time of India
VBU eyes research and incubation centre soon
Hazaribag: The Vinoba Bhave University is working on a plan to set up a 'Research and Incubation Centre'. The varsity has received funds from the Union govt, officials said. Vice-chancellor Chandra Bhushan Sharma recently performed the ground breaking ceremony for the Rs 54-cr project. Professor Arun Kumar Mishra said, "The Jharkhand State Building Construction Corporation Limited, Ranchi, would construct the advanced research and development cum incubation centre." Another Rs 99 crore was approved for a center of excellence on cyber security, a centre of excellence in remote sensing and GIS, a center of excellence on social science, and a centre of excellence on applied science to be established in VBU under the 'Multidisciplinary Education and Research University' to promote research in the state, he added. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Time of India
5 days ago
- Business
- Time of India
Excise dept starts application process for allocation of retail liquor shops
Ranchi: The state excise department on Friday began the application process for allocation of retail liquor shops under the new excise policy, which will be implemented on Sept 1. Tired of too many ads? go ad free now Following the completion of the application submission procedure, a computer-based lottery will take place, and the successful ones will get permission to operate retail country and composite liquor shops in the state. The application process that started on Friday will end on Aug 20, during the time frame applicants have to take part in the process through an online portal, The applicants have to deposit an application fee and earnest money deposit (EMD), fixed by the department, while submitting their applications. A total of 1,343 retail liquor shops are up for grabs, of which 159 are country liquor shops and 1,184 are composite liquor shops, which are allowed to sell both country liquor and IMFL. The highest number of shops, 150, has been allocated in Ranchi district. While Lohardaga has got the lowest - 11. "The portal will remain open till 7 pm on Aug 20. The applicants have to pay the application fee and the EMD, which amounts to two per cent of the minimum guarantee revenue (MGR). MGR varies for each shop according to factors like the location of the shop, its business potential and the owners have to pay it to the govt. yearly. Those who will fail to clear will get a refund of the EMD after completion of the lottery process," Ranchi assistant excise commissioner Arun Kumar Mishra told TOI. Tired of too many ads? go ad free now He added that an applicant can opt for a maximum of 12 shops in a district and 36 in the state. After the submission process ends, an e-lottery will be held on Aug 22, which will be fully computer-based. A senior official at the dept., on condition of anonymity, said that the provision to pay EMD in the application procedure is included to ensure that no frivolous application comes. "The lottery process will be telecast live on the websites of the excise dept. and the district. Lottery results will also be published on the websites," the source added.
Time of India
04-07-2025
- Time of India
500 boxes of liqour seized
Ranchi: The excise department has unearthed an illegal liquor manufacturing factory and seized 500 boxes of fake liquor during an operation carried out in Mahiloung under Tatisilwayi police station limits on Friday afternoon, stated officials. The seized liquor was worth Rs 50 lakh. Ranchi assistant excise commissioner Arun Kumar Mishra stated that two persons namely Abhishek Kumar and Rahul Kumar have been arrested in this connection. He added that the liquor were being brought from other states like Haryana and Punjab and filled up in bottles of premium brands to be sold at high prices in the market. He stated that such liquor may also be spurious causing health hazards.
