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Delta Corp readying Rs 150 crore vessel to replace Caravela | Goa News – Times of India

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PANAJI: Delta Corp continues to bet big on Goa’s casino industry and plans to invest Rs 150 crore to build a new casino vessel which will be anchored in Mandovi by mid-2022. The vessel, being built by Waterways Shipyard, will replace the existing Deltin Caravela vessel, Delta Corp chief financial officer Hardik Dhebar said.
Dhebar said that the Delta Group, which operates casinos under the Deltin brand, is finalising plans for the integrated resort at Pernem which will include electronic casinos, themed hotels, water parks and theatres. The resort will be developed on 100 acres of land close to the under construction airport at Mopa and is likely to take nearly five years to complete with Rs 1,000 to Rs 1,500 crore being invested into the project.
The company’s plans prove that despite the pandemic and the criticism against casinos in Goa, the future remains bright for the land as well as off-shore casino industry.
“We are trying to make the best of both worlds,” Dhebar said while referring to the firm’s investments into off-shore and on-shore assets.
“We are going to invest in the hope that in the four to five years that it will take us to build the integrated electronic casino, the government will change the policy and the law and permit live gaming on-shore,” Dhebar said at an investor conference earlier this month.
Delta Corp, through its subsidiary, Delta Pleasure Cruise Company has a 45% stake in Waterways Shipyard, where the new vessel is being built. Waterways Shipyard, which has yards in Udupi and at Chicalim, built Delta Corp’s first vessel the Royale, which is now known as the Deltin Jaqk.
“We have three licences and one of our vessels is a very small boat called the Deltin Caravela, which is what we are looking to upgrade to a larger vessel. We started building that vessel some time ago and we believe that in the next 12-18 months, we should have a brand new vessel indigenously built in the river,” the CFO said.
The firm, which is helmed by Jaydev Modi, believes that the new vessel will generate as much revenue as Deltin Jacq and Deltin Royale put together. The new vessel will be bigger than Deltin Royale and will meet the projected increase in casino patrons for the next four to five years. According to Dhebar, Delta Corp expects to recover the 150 crore in a year or less.
The firm is also preparing the feasibility study for the integrated casino and resort project, while finalising the plans for the project. “We believe it is going to make us good money. We are looking at Rs 1,000 crore to 1,500 crore investment over the next five years, but Delta may not put in all the money. There will be strategic partners and other firms that Delta will bring in as partners in the retail, waterpark, entertainment sector. They will bring in the capital while Delta will focus on the gaming and 300-400 room hotel,” Dhebar said.

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Broke Swiggy guy walks 3 km to deliver food, Social media helps him find better job. Heartwarming story is viral

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Social media can be a wondrous place at times. While on most days, its ugly face is on display, on days like today, it sets examples of the power of kindness. In a social media post, a LinkedIn user shared how a delivery executive, in need of money and a better job, bagged one after the users on the platform came together to help the person out.

Priyanshi Chandel, Marketing Manager at tech company Flash, shared an incident about a Swiggy delivery agent who had come to deliver food at her residence. When she asked the late and out-of-breath delivery person, identified by her as Sahil Singh, about what happened, he told her that he had no transport and had to walk 3 km to deliver the order.

He also said that he was out of money and had nothing left to pay his landlord too. Singh told her that he was not looking for money from her but requested her to help him bag a job. He said that he had a degree in Electrical and Communication Engineering, and had worked with Byju’s and Ninjacart before. He had to move back to Jammu during the pandemic.

“I have not eaten for a week, just drinking water and tea to get by. I am not asking for anything, please if you can find me a job, I used to make 25k before, I am 30 years old, my parents are getting old and I can’t keep asking for money from them (sic),” Chandel quoted saying.

She also shared his marksheets and contact number for people to help. His details shared show that he is a 2018 BTech graduate from Mewar University, and completed his schooling from the Jammu and Kashmir state board.

After she shared the details, the comments section was filled with people who stepped up to help. While someone recharged his Yulu account so that he did not have to walk around to deliver food, someone offered a place to stay. Many offered to help him with his applications, while some offered jobs too.

Chandel, later on put an update on the post, and said that he received a job.

However, so far it is unclear what job he has received.

2023 has so far been a year of job losses, an eventual outcome of the pandemic and increased hiring by tech companies. For instance, the SSC MTS 2023 recruitment exam that took place in Uttar Pradesh in May saw over 55 lakh applications for Group D jobs. Numerous candidates who applied for positions such as peon, watchman, gardener had educational backgrounds like BTech, MBA, and Master’s degrees.

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Goa CM, NRI Commissioner writes to MoEF for help in safe return of Goans from Ukraine

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Panaji: Goa chief minister Dr Pramod Sawant on Thursday urged Union Minister for External Affairs Dr S Jaishankar to help in safe return of Goans who are in the Ukraine.

Sawant tweeted “we are concerned about the Goans in Ukraine who are considering to return to India in the light of ongoing Russia-Ukraine crisis. I request Union Minister for External Affairs @DrSJaishankar ji for help in the safe return of Goans. I am keeping track of the situation.”

The chief minister’s tweet comes hours after Goa’s NRI Commissioner Narendra Sawaikar wrote to the Union External Affairs ministry seeking help in return of Goans who are in the Ukraine.

“Many Goans are currently residing in Ukraine due to various purposes including higher studies and due to the ongoing tension between Russia and Ukraine, I have started receiving requests for help and assistance from them to return back to India,” Sawaikar wrote.

The Commissioner further wrote in the letter that advisories have already been issued by the Ministery of External Affairs to Indians currently in Ukraine and our Indian Mission in Kyiy is currently handling the matter.

“Striking note of urgency, the Government of India has recently asked the family members of Embassy officials in Ukraine as well as students and citizens whose stay is not vital , to leave the Eastern European nation amid it’s raising tensions with Russia,” the letter reads.

Sawaikar wrote that the Goans in Ukraine are in touch with this office as they are anxious to temporarily return till the situation normalizes.

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Election Commission announces polling dates and counting days for Vidhan Sabha elections in 5 states

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On Saturday, the Election Commission of India (ECI) announced the dates for the Vidhan Sabha elections in 5 States, namely, Goa, Punjab, Manipur, Uttar Pradesh and Uttarakhand.

While briefing the media, Chief Election Commissioner Sushil Chandra informed that the elections in the poll-bound States will commence from February 10, 2022, to March 7, 2022. Elections in the State of Uttar Pradesh will be conducted in 7 phases, followed by Manipur with 2 phases. Elections in Goa, Uttarkhand and Punjab will be conducted in a single phase.

According to the Election Commission of India, the votes will be counted on March 10, 2022. ECI informed that all physical campaigning will be ceased until January 15, 2022, in light of the rising cases of Coronavirus.

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