Business

Amazon, Buffett, JPMorgan pick Dr Atul Gawande to lead health firm

    WASHINGTON AMAZON, JPMorgan Chase and Berkshire Hathaway have picked well-known author and Harvard professor Dr Atul Gawande to transform the health care they give their employees. The three corporate titans said on Wednesday that Gawa..

FIIs invest a meagre $15 mn so far this yr

    NEW DELHI FII flows have seen a bumpy ride so far this year, with a meagre investment of USD 15 million, while domestic institutional investors (DIIs) continue to invest more aggressively into the Indian equity market and have bought n..

Sebi board to meet todayn Amendments to buyback, takeover norms on agenda

    NEW DELHI REGULATOR Sebi’s board is likely to discuss tomorrow proposed overhaul of governance norms for market infrastructure institutions as well as amendments to buyback and takeover norms, a senior official said. Other proposa..

Dr Brijesh Dixit gets Rotary Vocational Excellence Award

  Business Bureau ALL the Rotary Clubs of Nagpur came together to confer vocational excellence award on Dr Brijesh Dixit, Managing Director of Maha Metro in a glittering function recently here in the city. Dixit was conferred with the Rotary Voca..

Dr Brijesh Dixit gets Rotary Vocational Excellence Award

  Business Bureau ALL the Rotary Clubs of Nagpur came together to confer vocational excellence award on Dr Brijesh Dixit, Managing Director of Maha Metro in a glittering function recently here in the city. Dixit was conferred with the Rotary Voca..

CA Milind Kanade appointed President of BJP Udyog Aghadi, Nagpur

    Business Bureau Nagpur Unit of Bhartiya Janta Party has appointed CA Milind Kanade, an eminent industrialist as President of BJP, Udyog Aghadi, Nagpur. Presently Kanade is Secretary of Federation of Industries Association Vidarbha (FIAV..

Alexis Multispeciality Hospital doctors successfully remove 8.5 kg tumour

  Business Bureau THE Department of General Surgery at Alexis Multispeciality Hospital, comprising of Dr Prakash Jain, Dr Mohammad Jameel and DrVinay Khatri along with the anaesthetist Dr Sheetal Awhad, Dr Dilip Wasnik and other team members extr..

Suzuki launches Intruder FI cruiser

  Business Bureau SUZUKI Intruder FI is the new motorcycle from Suzuki’s stable, ‘India’s modern cruiser’. The Intruder offers a perfect combination of modern styling, features and performance. The Intruder will further es..

Mahindra Insurance Brokers, NNSB ink MoU to offer life insurance solutions

  Business Bureau NAGPUR Nagarik Sahakari Bank (NNSB) and Mahindra Insurance Brokers Limited (MIBL) have signed a memorandum of understanding (MoU) to offer customised life insurance solutions for the NNSB customers. This was announced by Subhash..

‘Strong demand to lift cotton price by 8-10%’

  Business Bureau COTTON price is expected to increase in the range of 8-10 per cent for the ongoing cotton season following strong demand from both domestic as well as international markets, according to a report.The cotton price is expected to ..

Recovery worth Rs 700 crore pending from 40k traders under LBT: Kukreja

  Business Bureau As a part of its platinum jubilee celebrations, Nag Vidarbha Chamber of Commerce, (NVCC) organised Local Body Tax (LBT) Redressal Camp in association with Nagpur Municipal Corporation (NMC). The camp was inaugurated at the hands..

Power sector woes: Solution lies in enhancing capacities by Rlys, CIL

  By G N Karalay Electric power is a backbone of economic progress. In India, thermal power constitutes 65 per cent of total power and bulk of thermal power is based on coal as fuel. Thermal stations are supposed to keep normally 14 days and duri..

Speciality services at Seven Star Hospital

  Business Bureau Seven Star Hospital, a planned 200 bedded tertiary to quaternary care hospital with state-of-the-art facilities in keeping with globally comparable level of healthcare deliverance, provides super speciality services in many area..

Students of JD College of Engineering & Management top in Maharashtra

  Business Bureau In the very first year of affiliation with Dr Babasaheb Ambedkar Technological University (DBATU), JD College of Engineering & Management ranked first in entire Maharashtra in giving highest result in semester - 1 examinatio..

Good response to Ford Freestyle at Arun Ford

  Business Bureau Arun Ford, the premier dealership for Ford in Central India, recently launched the highly acclaimed Ford Freestyle in Vidarbha. Ford Freestyle is India’s first Compact Utility Vehicle – CUV and within a month of its ..

6 new courses at G H Raisoni University

  Business Bureau The G H Raisoni University, Saikheda on Tuesday announced launching of six need-based and market driven ‘Innovative Academic Programmes. Students my opt these programmes from the upcoming academic session. Dr Rajan Welukar..

‘Falling rupee, higher prices to impact jewellery in short-term’

MUMBAI, (PTI), THE gold and diamond jewellery business is likely to be negatively impacted in short-term following rising prices, depreciating rupee and geopolitical tensions between the US and China, according to a report. “Even as the medium-t..

Google invests $550 million in China’s JD.Com

  BEIJING, (PTI) CHINA’S leading e-commerce firm JD.Com on Monday announced that it has secured investment worth USD 550 million from American internet giant Google as part of a new strategic partnership between the two leading tech compan..

TGBL plans to position Himalayan as global label

  NEW DELHI, (PTI), TATA Global Beverages (TGBL) is planning to strengthen its packaged drinking water portfolio, and expand overseas to position its water brand Himalayan as a global label. The company has plans to expand its Himalayan Natural..

Merc plans to drive in only BS VI diesel models in India from now on

  NEW DELHI, (PTI), GERMAN luxury car maker Mercedes-Benz said on Monday that all its diesel models in India from now on will have engines which comply with BS VI emission norms. The company, which launched Mercedes-AMG S 63 Coupe starting at R..

‘Psychometric tests are helpful in assessment of job seekers’

    Business Bureau Prakash Shesh, well-known trainer and Managing Partner of Creative Business Techniques, said Psychometric tests are helpful in standardised assessment of candidates aspiring to seek a job as it not only save time and mon..

‘Auditors are extended arms of RBI’

    Business Bureau Nagpur Branch of WICASA organised recently organised an educational visit of its students to Reserve Bank of India, Nagpur. The visit was organised under the guidance of CA Umang Agrawal, Chairman Nagpur Branch of Instit..

National Life Insurance body fetes MP Kukde

    Business Bureau ALL India National Life Insurance Employees Federation, affiliated to INTUC recently feted Madhukar Kukde, Member of Parliament from Bhandara Gondia constituency. Rajesh Nimbalkar (INTUC) leader and other members were pr..

Rainwears flood markets as monsoon raises high hopes

    Business Bureau BANKING on the Meteorological Department’s forecast that there would be a good monsoon this year, traders have added more stock of rainwear and are anticipating a good demand. The rains that lashed the city a few d..

Cipla

  CIPLA said its Ugandan subsidiary, Cipla Quality Chemical Industries (CiplaQCIL), intends on partnering with the Government of Uganda to increase access to cancer treatments. And as part of its growth strategy, CiplaQCIL is evaluating an initial..

Jet Airways to allow only one bag weighing 15 kg on domestic flights

  Business Bureau, Domestic travellers of Jet Airways who are habitual of carrying more than one baggage in flight will no longer be able to do so as the company has recently announced that it will allow only one check-in baggage. As per the com..

FIITJEE students shine in JEE Advanced

    Business Bureau, THE felicitation ceremony of meritorious students organised by FIITJEE here in city on Friday has left a long lasting impression on every one who attended it. The event that was organised in FIITJEE Centre would be reme..

NVCC plans various events to mark its Platinum Jubilee

  Business Bureau, The Nag Vidarbha Chamber of Commerce, popularly known as NVCC among the traders in the region, is all set to enter in its 75th year of existence. To mark the occasion starting from June 18, the traders’ body has planned n..

MIA felicitates Sunil Sirsikar

  Business Bureau, A GRAND felicitation was arranged by MIDC Industries Association (MIA) to honour Sunil Sirsikar on his nomination as Member of National Board of Employees State Insurance Corporation (ESIC) here in city, recently. Sirsikar is t..

CSs contribute in good corporate governance: Pahade

    Business Bureau, THE Institute of Company Secretaries of India (ICSI) celebrated ‘Golder Jubilee Year Practicing Company Secretaries (PCS) Day’ on Friday, to commemorate 15 June, 1988, a day when the company secretaries in p..

TCS 1st co to close session with over Rs 7 lakh cr m-cap

NEW DELHI, (PTI), TATA Consultancy Services (TCS) on Friday became the first company to close the trading session with a market valuation of over Rs 7 lakh crore on a day when its board approved a share buyback of upto Rs 16,000 crore.Shares of the c..

Bajaj snaps up Nirlep for Rs 80 cr

MUMBAI, (PTI) CONSUMER durables firm Bajaj Electricals on Friday bought the non-stick cookware maker Nirlep Appliances for around Rs 80 crore, which includes equity and debt.The Aurangabad-based Nirlep, launched in 1968, is among the pioneering brand..

NPA write-offs by PSBs surge 140% over their losses in FY18

NEW DELHI, (PTI), PUBLIC sector banks have written off bad loans worth a whopping Rs 1.20 lakh crore, an amount that is nearly one-and-a-half times more than their total losses posted in 2017-18, according to official data.This is a double whammy for..

Higher crude, interest rate may cap GDP at 7.5%, says Nomura

MUMBAI, (PTI), GROWTH in the current fiscal year will be faster in the first half and will likely face pressure in the second half to end the year at 7.5 per cent, a Japanese brokerage said on Friday. The rate hike by RBI and the the oil prices raise..

Sunderji Teachers Training Institute launched

  Business Bureau Sunderji’s Institutions is all set to take a big leap forward and inaugurate a Pre-primary and Primary Teachers’ Training Institute in association with Neeru’s Academy for Counselling Research and Training (NAC..

Electricity demand from EVs to help power utilities earn USD 11 bn: Report

Electricity demand from EVs to help power utilities earn USD 11 bn: Report..

Cotton cultivation in Ngp Distt may drop by 10%

Cotton cultivation in Ngp Distt may drop by 10%..

Indian-American woman to become CFO of GM

Indian-American woman to become CFO of GM..

NVCC, SECR start Swachh Bharat Swachh Railway’ campaign

    Business Bureau ‘SWACHH Bharat Swachh Railway’ campaign was started on June 12 from Itwari Railway Station. Sunil Singh Soin, General Manager of South East Central Railway (SECR), officers, staff, ZRUCC (SECR), Pratap Motwan..

Overwhelming response to ‘Nikon Lens Demo’ at Altaf H Vali

  Business Bureau NIKON India Pvt. Ltd. in association with Nikon DSLR Experience Zone M/s Altaf H Vali Electronics Pvt. Ltd. conducted a ‘Nikkon Lens Demo’ activity for Nikon DSLR camera users. The event received overwhelming respons..

Centre Point Group of Schools felicitate IAYP awardees

  CENTRE Point Group of Schools took immense pride in felicitating 82 ‘International Award for Young People’ (IAYP) bronze award holders at Chitnavis Centre. The IAYP previously known as the Duke of Edinburgh Award, is the most adaptab..

Technical snag: Over 100 Exim containers stranded at ICD, Ngp

    Business Bureau OVER 100 export and import containers remained stranded at CONCOR’s ICD, Nagpur due to some technical snag developed in the Customs clearing system on Wednesday. Sources said that the technical problem was develope..

Central CGST Deptt collects revenue worth Rs 12,771 cr in Nagpur Zone

  AFTER the roll out of the biggest indirect tax reform in the country -- Goods and Services Tax (GST) on July 1, Nagpur Zone recorded a healthy revenue collection of Rs 7,950 crore (consisting of Central GST, Integrated GST and Cess) and plus Sta..

Central GST Deptt refunds Rs 121.90 cr in Nagpur Zone

  Business Bureau CENTRAL Goods and Services Tax (CGST), Nagpur Zone on the directions of Central Board of Indirect Taxes and Customs (CBITC), is observing the second ‘Special Refund Fortnight’ from May 31, 2018 to June 14, 2018 to di..

ONGC Videsh conditions financing of Venezuelan field on clearing dues

  NEW DELHI ONGC Videsh (OVL) has conditioned arranging for finances for remediating and raising oil production at Venezuela’s San Cristobal field on the cash-strapped Latin American nation clearing its past dividend dues. The firm’s..

Silver spurts by Rs 1,110 per kg to reclaim 41k-mark

NEW DELHI, (PTI), CONTINUING its fall for the second straight day, gold prices drifted down by another Rs 150 to Rs 31,800 per 10 grams at the bullion market on Tuesday largely in tandem with a subdued trend overseas amid muted demand from local jewel..

BMW launches new petrol X3 priced at Rs 56.9 lakh

NEW DELHI, (PTI), GERMAN luxury car maker BMW on Tuesday launched petrol variant of its all-new X3 sports utility vehicle priced at Rs 56.9 lakh (ex-showroom) in India. The vehicle is locally produced at the group's Chennai plant, BMW India said in a ..

Not right to find fault with Govt for lack of EV policy: Mahindra

GURUGRAM, (PTI), MAHINDRA Group Chairman, Anand Mahindra on Tuesday said that it would not be right to find fault with the Government for lack of a “readymade” policy for electric vehicles (EVs) as it was still a new sector in the country ..

Adani emerges as highest bidder with Rs 6k cr offer for Ruchi Soya

NEW DELHI, (PTI), BILLIONAIRE Gautam Adani’s group company on Tuesday offered about Rs 6,000 crore to emerge as the highest bidder for acquisition of the bankruptcy-hit edible oil firm Ruchi Soya, sources with direct knowledge of the matter sai..

Chatbots, automation greet candidates scouting for jobs

  Business Bureau CHATBOTS might well be a gateway to jobs as more companies embrace new hiring strategies and automation to assess behavioural traits of candidates before recruiting them.From the traditional practice of sifting through stacks of..

Kirana merchants hold seminar on GST

    Business Bureau The Nagpur Itwari Kirana Merchants Association organised a seminar on GST and e-Way Bill at Kirana Bhawan, Itwari. In his welcome remarks, Shiv Pratap Singh, Secretary of the Association said that India had adopted new t..

Traders should be relieved from Local Body Tax: CAMIT

  Business Bureau A delegation of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) led by Dipen Agrawal, President and Mohan Gurnani, Chairman met Manisha Patankar Mhaiskar, Principal Secretary (UD. II), Urban Development. Depa..

Aureus Institute of Medical Sciences inaugurated

  Business Bureau AUREUS Institute of Medical Sciences started its services on June 10. Padmashree Dr Vikas Mahatme, noted eye surgeon and Member of Rajya Sabha, inaugurated the hospital. The other guests on the occasion were Nanda Jichkar, Mayor..

‘Builders should register projects under RERA to avoid penal action’

Business Bureau, THE Government of Maharashtra has implemented the Maharashtra Real Estate Regulatory Act (MahaRERA) on May 1, 2017 that has drastically changed the real estate industry. Under MahaRERA, basic compliances like registration of projects a..

SDPL comes out with affordable housing scheme located at Dabha

  Business Bureau, Sandeep Dwellers Pvt. Ltd. (SDPL) has come out with a housing scheme with a prime objective of providing households to those who cannot afford to buy flats in costly schemes. Its new scheme SDPL Aashray, Dabha offers opportuni..

Malika Fashion and Lifestyle expo revisits city in its new avatar

  Business Bureau, Owing to the huge success over the past years, Malika Fashion and Lifestyle Exhibition revisits Nagpur in its eigth edition. Inaugurated by actress Nivedita Joshi, who has her own exhibit- Hansagamini- a special attraction at ..

‘Cost and Mgmt audit should be mandatory in every co’

  Business Bureau, Appreciating the dynamic steps initiated by the Government in transforming the country’s economy and building a new India, CMA Sanjay Gupta, National President of the Institute of Cost Accountants of India, said that Cost..

Sarita Nayyar appointed to WEF Managing Board

NEW DELHI, (PTI), THE World Economic Forum (WEF) on Friday said it has appointed Sarita Nayyar to its Managing Board. In addition to her role as the Chief Operating Officer (COO) for the World Economic Forum LLC, Nayyar will help lead the internationa..

RIL seeks extending Mukesh Ambani’s term by 5 years

  NEW DELHI, (PTI) RELIANCE Industries has sought shareholders’ nod to give Mukesh Ambani another five years as the Chairman and Managing Director of the company. Ambani, 61, has been on the board of Reliance Industries Ltd (RIL) since 19..

FDI rises to $61.96 bn in 2017-18

NEW DELHI, (PTI) FOREIGN Direct Investment (FDI) in India increased by about 3 per cent to USD 61.96 billion in 2017-18 on account of steps taken by the Government to improve business climate and liberalised policy norms. FDI inflows stood at USD 60 ..

Reduction in oil duties best solution to check fuel price rise: Assocham

  LUCKNOW, (PTI), REDUCING taxes is the best solution to check the spurt in fuel prices which would also tremendously help India on the exports front, industry body Assocham said on Friday. It will make India’s exports competitive, bring d..

Prudent Nagpur getting good response, starts admissions for second batch

    Business Bureau IN THE world of fierce competition, every parent feels that his child should grow to great heights and begin a bright career in life. In order to compete, students require proper guidance from expert counsellor who can p..

‘MSP of sugar at Rs 29/kg inadequate’

  Business Bureau The minimum selling price of sugar fixed by the centre at Rs 29 per kg is inadequate and does not cover production cost, making it difficult for millers to clear huge cane arrears, say sugar industry bodies ISMA and NFCSF.Indian..

KDM Academy students shine in NEET-2018 examination

    Business Bureau KDM Academy Private Limited, one of the fastest upcoming coaching institutes of Nagpur, since five years has given top ranks for competitive examinations like NEET/ IIT JEE. This year from KDM Academy 19 students have pa..

Liebherr launches range of refrigerators

    Business Bureau Legendary German refrigerator manufacturer, Liebherr unveiled its product range for the Indian market on Wednesday. This unique range of refrigerators in the mass premium segment will be available across its dealership n..

Policy makers paying no heed to demands of coal workers: INMF

Policy makers paying no heed to demands of coal workers: INMF..

Online hiring activity sees 7% rise in May: Report

    Business Bureau ONLINE hiring activity registered a 7 per cent year-on-year growth in May, primarily led by robust hiring sentiment in the production and manufacturing sector, says a report. The Monster Employment Index for May stood at..

‘Slight change in routine lifestyle can yield good results’

  Business Bureau A live interaction session on ‘Slight Change Major Gain’ was organised by Chamber of Small Industry Association (COSIA), Vidarbha Chapter. Mukund Mohta who is a renowned management expert and Managing Director of Kap..

Data sharing with 60 companies by Facebook is vulnerable: CAIT

  Business Bureau The Confederation of All India Traders (CAIT) has expressed deep shock over the reported news of Facebook giving access to several cell phone manufacturers and other device makers of its data on users and their friends including..

Domestic refined copper production may decline by 40% in FY19: Study

    Business Bureau Domestic refined copper output is likely to decline by 40 per cent to 5,10,000 tonnes during FY19 on the back of permanent closure of Vedanta’s Tuticorin smelter, domestic rating agency CARE Ratings said.“In ..

SAPS students excel in 12th Board Science and Commerce streams

  Business Bureau SOMALWAR Academy of Professional Studies (SAPS) is a knowledge centre empowering students of all stages. SAPS ventured into Commerce education 2 years back with an integrated coaching programme for XI-XII Commerce and CA-CPT and..

‘On-line marketing reduces job opportunity’

  Business Bureau On-line marketing through internet is going to have a grave impact on Indian tradition, culture and economy, said Kashmirilal, National Organising Secretary of Swadeshi Jagaran Manch. He was addressing a press conference at the ..

Traders should pay NMC taxes on time: Vicky Kukreja

  Business Bureau NAG Vidarbha Chamber of Commerce (NVCC), an apex body of traders of Vidarbha, in its 10 executive committee meeting felicitated Vicky Kukreja, Chairman of Standing Committee, Nagpur Municipal Corporation (NMC). Responding to the..

Alexis Multispecialty Hospital bags NABH accreditation

  Business Bureau ALEXIS Multispeciality Hospital in Nagpur announced that it has received NABH accreditation, the highest national recognition and a mark of quality patient care and safety from the National Accreditation Board for Hospitals and ..

RBI celebrating ‘Financial Literacy Week’

  Business Bureau RESERVE Bank of India (RBI) with an aim to spread the financial awareness message among the consumers has lined up a series of activities to celebrate the ‘Financial Literacy Week’ (FLW) from June 4 to June 8, 2018. ..

R C Plasto Tanks & Pipes conducts dealers’ meet

  Business Bureau INDIA’S largest manufacturer for plastic water tanks, R C Plasto Tanks and Pipes Private Limited recently organised Nagpur dealers’ meet. The meet was held at Hotel Tuli Imperial, Nagpur. In the event around 100 Plas..

Low prices give bitter taste to sugar trade

  Business Bureau Surplus production of sugar in the current season seems to have toppled the sugar trade in the country. While sugar mills are finding it difficult to survive, the sugarcane farmers are reeling under pressure as they are not gett..

Overwhelming response to Krishna Consultants’ Overseas Education Fair

  Business Bureau SUNDAY, turned out a day full of enthusiasm and optimism for students and parents at Krishna Consultants’ Overseas Education Fair held here in the city. More than 500 visitors attended the fair to get a chance to speak to ..

‘Exempt saw mills from purview of MPCB’

  Business Bureau A delegation led by Krishna Khopde, MLA and Vikas Kumbhare, MLA from Nagpur comprising Dipen Agrawal, President of Chamber of Associations of Maharashtra industry & Trade (CAMIT) , Prabhu Das Patel, President Maharashtra Tim..

Gadkari launches Jayanti Nagari 7 residential township

  Business Bureau IN A glittering ceremony, Abhijit Realtors and Infraventures Pvt Ltd (ARIPL) launched its biggest venture -- Jayanti Nagari 7-- at the hands of Nitin Gadkari, Union Minister of Road Transport and Highways, Shipping and Water Res..

First container rake from Krishnapatnam Port arrives at CONCOR’s depot in Nagpur

  Business Bureau, IN A major achievement, the first import container rake from Krishnapatnam Port reached CONCOR’s ICD, Nagpur on Saturday. The inbound rake with 40 containers was carrying solar power equipments imported from China. This w..

Pendharkar shares Vicco’s success story with young entrepreneurs

  Business Bureau, Sanjeev Pendharkar, Director of Vicco Laboratories Pvt. Ltd. recently gave motivational speech to develop young upcoming entrepreneurs. The programme was held in Hotel Avon Ruby, Dadar in Mumbai recently. On the occasion, Pend..

Raut to represent NIPM at HR conference in Sri Lanka

  NIPM Nagpur Chapter has been invited to represent the National HR Conference 2018 organised by the Institute of Personnel Management, Sri Lanka (IPM SL) on June 6 and 7. Pradip Raut, Chairman of Nagpur Chapter of NIPM has been invited to attend ..

Baggage mishandling dropped by 70 per cent since 2007: Report

  Business Bureau, Airlines around the world have once again improved the rate of baggage delivery, this is according to the SITA 2018 Baggage Report published recently. The continuous improvement trend of more than a decade has seen baggage mish..

Travel suppliers eye India’s outbound tourism market

  Business Bureau, TRAVEL and tourism businesses around the world are looking to capitalise on India’s double-digit annual growth in the outbound MICE and luxury travel segment, with the value of India’s business travel market expecte..

Tough action needed to revive Air India, says Anand Mahindra

  MUMBAI, (PTI), NOTED industrialist and former Air India board member Anand Mahindra on Friday said tough action was required to turnaround the fortunes of the national carrier, with “full autonomy” for the chairman and being insul..

Led by Maruti, automakers report robust sales

  NEW DELHI, (PTI), AUTOMAKERS continued with strong sales for second month in a row in the ongoing fiscal with market leader Maruti Suzuki India (MSI), Tata Motors and Honda Cars reporting double digit sales growth for May. Ford India also post..

‘PSBs’ losses have wiped out Govt’s $13 bn cap infusions’

MUMBAI, (PTI), LOSSES by State-run banks had almost entirely wiped out the USD 13 billion capital infusion by the Government, and the situation was unlikely to improve in the current fiscal year, ratings agency Fitch said on Friday. The big losses wou..

Reliance Group’s gaming firm Codemasters lists on LSE AIM

NEW DELHI, (PTI), ANIL Ambani-led Reliance Group on Friday announced the listing of its gaming firm Codemasters on the London Stock Exchange’s (LSE) AIM platform after raising Rs 1,700 crore via IPO. The shares were currently trading at 260 penc..

IIF Nagpur Chapter installs new body

  Business Burea THE Institute of Indian Foundrymen (IIF) Nagpur Chapter organised the annual chapter meeting recently. In the meeting, members elected the new body members. R G Paranjpe was elected as the new Chairman for the term 2018-19. Furth..

PSBs’ 2-day strike: Biz worth Rs 5,500 crore affected in Vid

    Business Bureau Business worth Rs 5,500 crore in Vidarbha including Rs 3,300 crore from Nagpur, was affected due to two-day strike call given by United Forum of Banks Union (UFBU) since Wednesday. Employees and officers of public sector..

Reliable Mega Mart inaugurated

  Business Bureau RELIABLE Mega Mart, a fully air-conditioned 12,000 square feet department store was inaugurated in a grand ceremony at the hands of Kanchan Nitin Gadkari on May 28. Reliable Mega Mart is located at Fortune Mall, Lower Ground Flo..

Grace Toyota launches Yaris

  Business Bureau FINALLY, the most awaited beautiful, powerful and luxury sedan ‘Yaris’ has been launched by Grace Toyota, Nagpur at Kamptee Road showroom by the hands of Prashant Chhabra, Managing Director of Grace Toyota. The car i..

Banking operations paralysed as employees join 2-day strike

  Business Bureau Banking operations were paralysed in city on Wednesday as employees and officers joined a two-day strike call given by United Forum of Bank Union (UFBU). They gathered at Bank of India’s Main Office, Kingsway and shouted s..

Gas Trading Hub before Dec: PNGRB

    HYDERABAD THE Petroleum and Natural Gas Regulatory Board (PNGRB) expects the proposed gas trading hub to be functional by the end of the calendar year and Crisil has been appointed to assist the regulator and the Government in framing ..

India’s exports likely to reach $350 billion this fiscal: FIEO

    NEW DELHI INDIA’S exports are expected to record a growth of about 15-20 per cent and touch USD 350 billion in the current fiscal on account of a host of factors including rise in commodity prices, exporters body FIEO said on Tue..

Have you filed Specified Financial Transaction (SFT) return?

  By CA Sandeep W. Jotwani The Annual Information Return (AIR) Scheme was introduced from April 1, 2014 which requires various agencies like banking company, co-operative societies, depository, insurance companies, mutual funds, etc., to provide ..

Horticulture output up 2.2 pc at 307.2 MT

  Business Bureau Horticulture production is estimated to have risen by 2.2 per cent to 307.2 million tonnes (MT) during 2017-18, according to agriculture ministry.Fruits output is estimated to be 2 per cent higher at 94.4 million tonnes, while t..

Equity market moving towards more stability: Report

  Business Bureau The Indian equity market is moving towards a less volatile structure, thanks to rising ownership by domestic investors and this will lead to a more stable structure going forward, says a report.According to a report by Sanctum W..

‘Self-drive travel segment to grow by upto 35%’

  Business Bureau With disposable income in India growing, self-drive holidays are gaining popularity and are expected to grow 35 per cent annually, giving people freedom to explore offbeat destinations, say experts.“The liberty to stop any..