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Mody: Committed to taking FC Goa vision forward

Just days after confirming that he is the new co-owner of the Indian Super League (ISL) franchise FC Goa, Jaydev Mody, a leading businessman and the chairman of Delta Corp, is proud to have secured a 65 per cent stake in the Goa-based outfit.

PANAJI 

 Speaking to The Goan Everyday for the first time after his new takeover, the casino magnate said he shared a deep bond with Goa, where football was followed as a religion and that the tiny state did have a vibrant culture for this sport. “I share a deep bond with Goa and this state has a vibrant football culture and legacy. I am honoured to have the opportunity to be an active part of it,” Mody, the 60-year-old entrepreneur, who started out in the real estate and construction business, before moving into casinos a few years ago, said. On being asked as to how he felt about his new foray into owning a football franchise from Goa, Mody replied: “FC Goa is a fantastic team loved and adored by people from Goa and beyond. “The businessman also had words of praise for the previous promoters -- Dattaraj Salgaocar and Shrinivas Dempo -- for being instrumental in shaping the fortunes of the Gaurs, which saw them finishing second best in last year s ISL final played in Goa. “The team has been nurtured and groomed by the promoters since its inception and I am committed to taking forward that vision,” said Mody, hinting that he was as committed as his predecessors in sharing a common dream for the Goan franchise. “At FC Goa, we all share a common dream which is to see the development of football,” summed up Mody, whose new possession is part of a league that is world s fourth highest attended league.
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Vedanta s K taka ore permits cancelled

The Director of Mines & Geology, Prasanna Acharya has cancelled the import and transit permits issued to Vedanta in respect of ore the company had procured from e-auctions in Karnataka.

the goan I network
Published Jul 29, 2016, 1:42 PM IST
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PANAJI Acharya has cited a number of violations by Vedanta as the reason behind this action. Apparently, Vedanta had procured 12,000 metric tons of iron ore lumps in an e-auction conducted in Karnataka. Transportation of ore during monsoon is banned for the safety of public unless it is for domestic consumption. In the light of this, the DMG had allowed Vedanta by granting import and transit permits provided trucks carrying ore are issued entry tickets at the check-post…

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