In Chennai many areas are undergoing frequent power cuts because of lack of substations and feeder lines. With the power

conditionenablingnoticeably, consumption has increased to a great extent. tender But substations as well as transmission lines in the city and outskirts have not been capableof taking the load. There are complaints of repeated power cuts in several areas. "There have been power cuts for every 30 minutes and it happens even in the evening. In the last few days numerous houses are not able to charge their inverters as there is no constant power supply,” said a resident. Read complete story athttp://www.tendersontime.com/blog-detail/to-improve-power-supply-more-substations-are-upgraded-or-set-1550.php

The officials of Flysafair has urged for the apology to the customers for the crash of the other server within hours of its launch in the event of its R 1.00 and in the occasion of its birthday sale. For the celebration of the company, they introduces 30000 low cost tickets for just R1.00 and that is including the cost of Airport taxes and that is in any routes between now to the time period of March 2016. The Airlines confirmed the fact that it is actually a newest record in the sectors of aviation as the airport taxes are R150. Read complete story at http://www.tendersontime.com/blog-detail/sale-r1-sets-new-record-aviation-industry-according-flysafair-1545.php

There has been a recent growth of HomeAdvisor, Angie’s List on the internet. Even Amazon recently announced their very own home other services program. Apparently, Google too wishes to venture into this arena now and promote their own program called Home Service Ads. Google has just launched a local service program through which sponsored search results are designed to appear when people will search or look for local service providers like a local plumber, electrician, gardener, etc. This newly launched partner program is being beta-tested in San Francisco area. Read complete story athttp://www.tendersontime.com/blog-detail/are-google-home-service-ads-boon-or-bane-local-business-owners-1544.php

Goa being the top state for exporting ore in India, resumed production this Monday. The production resumed after almost a three years gap. However, the timing is considered really bad as according to the researchers and analytics, the production from contract award the resumed mines will be subjected to low prices and high costs along with a poor export market. However, the firm claims that the state owned miners will be leading the production growth of the nation which is estimated to be around 3.8 percent per year till 2019. According to the BMI, the iron ore mining resumption that will be derived from the private sector will be affected adversely due to a few factors. Read complete story athttp://www.tendersontime.com/blog-detail/analytics-claims-worst-time-india-resume-mining-iron-ore-1543.php

Supported by the lower U.S stockpiles, oil prices were stabilized on Thursday along with a firm demand outlook. However, the worries over economy of China, continued to weigh. A barrel drop of almost 1.7 million in U.S stockpiles was seen last week which in turn helped temporarily halt a price slide that has seen Brent as well as WTI lose their value by a quarter. project U.S crude was estimated to be trading at 43.33 dollars per barrel whereas Brent futures were higher and estimated to be $49.83 per barrel. Philip Futures who is a broker and is based on Singapore stated". Although we are seeing support, we remain skeptical over how long this support could last. Bearish momentum is still extremely strong”. Read complete story athttp://www.tendersontime.com/blog-detail/oil-prices-seem-stabilize-now-after-us-stock-draw-worries-over-chinese-economy-prevails-1542.php

Compared to most of the Eurozone countries, Greece's economy is growing faster. In fact it has been noticed as per the new figures that Greece’s economy is growing faster than France, Italy and Germany. On the whole,tender Eurozone witnessed a very slow growth during the 2^nd quarter of 2015, from 0.4 per cent to 0.3 per cent. French economy completely stagnated and the Italian economy could not live up to the expectations. Greece has spent the quarter being stuck in the emergency debt negotiations that it was trying to strike with the rest of the continent. One of the highest growth rates were measured around 0.8 per cent. Read complete story at http://www.tendersontime.com/blog-detail/greeces-economy-growing-faster-germany-1541.php

On 17^th June of this year, The China-Australia Free Trade Agreement was signed in Canberra. As per the Department of Foreign Affairs and Trade, this trade agreement is likely to enhance trade between Australia and China. China is considered to be one of the biggest trading partner program of Australia and also is also its buyer of almost a third of the country’s exports. The deal was concluded in November 2014 and took 21 rounds and 10 years of negotiations. According to this agreement, it is believed that the Australian exporters will have much better access to the Chinese markets, especially in the domains like educational services and agricultural goods. Read complete story at http://www.tendersontime.com/blog-detail/are-australian-jobs-threatened-china-free-trade-agreement-1540.php

UK government is all set to cut the construction costs and claimed that the desired results will not be achieved unless some significant improvement in procurement is seen as per the research. According to the Association for Consultancy and Engineering or ACE’s report, the investment process of the public sector procurement landscape has been thoroughly examine and it is said that there were almost over 40,000 procuring bodies in and around the public sector. ACE claimed that the research has found that parties involved in procurement, too often, try to endorse change as making it a part of the transactional process used for buying instead of making a part of the strategic investment decision-making process. Read complete story at http://www.tendersontime.com/blog-detail/ace-claims-uk-construction-targets-under-threat-if-public-procurement-doesnt-improve-1539.php

The financial leakages and fraudulent activities should be checked for efficient fund management. Single revenue account is operated by the Akwa Ibom State Government for all the monies collected by the Agencies, Departments and Ministers in the state.

This was a part of the decision taken at the meetings held weekly at the State executive Council. At the end of the meeting, it was told by Mr. Aniekan Umanah, who is the state commissioner for communications and information,tender that the decision of operating a single revenue account is to ensure efficient and effective monitoring of the collected monies on behalf of the state government. Read complete story at http://www.tendersontime.com/blog-detail/aibom-govt-operate-single-revenue-account-1538.php

Despite of the several campaigners that claim that the price of the train tickets are increasing three times than the wages and the other services are deteriorating, an increase in the rail fares are about to take place. From January, the rail fares are expected to rise by one percent. The decision was taken soon after the announcement of the retail prices index inflation figure as it is responsible for determining regulated train fares for the coming year. Read complete story athttp://www.tendersontime.com/blog-detail/brbrbrbrrail-fares-expected-rise-1-due-latest-inflation-data-1530.php

Due to disappointing data retrieved from the US, the Asian stock markets were pretty low on Tuesday. It further drops in oil prices along with other commodities which led the investors to remain extremely careful and cautious regarding betting on the risky assets. project Japan’s Nikkei 225 is also believed to be dipped 0.2 per cent and was estimated at 20,574.18. Meanwhile, South Korea's Kospialso declined 0.4 per cent and is estimated to be around 1,960.60 now. China's Shanghai Composite Index observed a 0.9 per cent drop and is estimated to be at 3,960.71.  Read complete story at http://www.tendersontime.com/blog-detail/brbrbrbrasian-stocks-down-mostly-commodity-prices-and-weak-data-1532.php

ZocDoc, a digital healthcare company, was set up in the year of 2007. One hundred and thirty million dollars have been raised by this company in one single round which is led by Atomico and Gifford. project The facility of a free of cost medical care search is offered by combining information on the schedules of the doctors and medical practices. 

It is claimed by the company “to fix broken systems that get in the way of good care by uniting modern patients and doctors.” This company is described as “the beginning of a better healthcare experience for millions of patients every month.” Read complete story at http://www.tendersontime.com/blog-detail/zocdoc-healthcare-scheduling-company-takes-130m-series-d-unicorn-valuation-1535.php

The norms for infrastructure investment trusts have been proposed to be simplified by the Securities and Exchange Board of India on Thursday as a means to encourage firms for unlocking capital. These firms had been allowed to launch InvITs and REITs or Real Estate Investment Trusts by the capital markets regulator for helping cash-strapped developers. It would help them in accessing funds easily at the time of creating an innovative investment avenue fir wealthy individuals and institutions. However, the response of these infrastructure companies has been slowed down as they seek relaxation in clarity and rules on taxation. Read complete story athttp://www.tendersontime.com/blog-detail/sebi-ease-rules-infrastructure-investment-trusts-1536.php

The use of consultants has been raised and it is the concern of the University of Reading’s. 13.5 million pound has been spent on professional fees. 8.1 million pound has been paid by the university to PricewaterhouseCoopers. It is a part of an overall 13.5 million pound outlay on the services of consultancy in the year of 2013 and 2014. Read complete story athttp://www.tendersontime.com/blog-detail/unease-reading-over-consultancy-spend-ahead-job-losses-1537.php