Bussiness

Sebi notifies rule for listing non-convertible debt securities

    Business Reporter Sebi has amended rules under which listed entities with outstanding non-convertible debt securities will be required to list subsequent issuance of such securities on stock exchanges. This will come into effe..

AIMTC writes to PM seeking abolition of border checkposts in certain States

    Business ReporterTransporters’ apex body All India Motor Transport Congress (AIMTC) has urged the Government to look into its long-pending demand of abolition of border checkposts in certain States. These checkposts are sever..

MSKVIB promoting natural honey for benefits of farmers

    Business ReporterR Vimala, CEO of Maharashtra State Khadi & Village Industries Board (MSKVIB), Mumbai, while interacting with the members of Vidarbha Industries Association (VIA) on Thursday said the board is promoting natural ..

Star Air to launch 2 new flights from 30th

    Business ReporterNow air travellers from the city will have more destinations to choose from as Star Air has launched two new flights connecting Nagpur to Hyderabad and Nagpur to Ajmer (Kishangarh) starting from September 30. Star..

Nitin Gadkari inaugurates Nitika Pharma’s MCC unit

    Staff ReporterNitin Gadkari, Union Minister for Road Transport and Highways, inaugurated the Nitika Pharma’s Microcrystalline Cellulose (MCC) unit in Butibori recently in a glittering ceremony. Ajay Sancheti, former Member of..

Shri Nagpur Gujarati Mandal bags ‘Ideal Education Sanstha Award-2023’ by RTMNU

   Business ReporterSHRI Nagpur Gujarati Mandal bagged the ‘Ideal Education Sanstha Award’ from Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU) in the centenary award function of the university held on Teachers Day at Dr ..

LIC Square needs detailed traffic planning: VTA

   Business Reporter  A delegation of Vidarbha Taxpayers Association (VTA) led by its President Shrawan Kumar Malu met Shravan Hardikar, Managing Director, Maharashtra Metro Rail Corporation Ltd (MahaMetro). In the meeting, Malu submit..

Gurumurty launches festive offer on Shriniwasa Residency, Ramdaspeth

   Business ReporterGURUMURTY Constructions, a trusted name in the real estate industry, has launched a very limited period attractive offer on its latest project, Shriniwasa Residency, a project of 3 BHK premium residences in the heart of ..

NAREDCO’s 3-day ‘Homethon PropertyExpo’ at Reshimbagh Ground from Oct 6

    Business ReporterNational Real Estate Development Council (NAREDCO), Vidarbha Chapter will to host its first ever real estate exhibition - ‘Homethon Property Expo 2023’ here in the city at Reshimbagh Ground from Octobe..

RMBRCN’s Chapter Charter & installation held

   Business ReporterThe Rotary Means Business chapter of Rotary Club of Nagpur (RMBRCN) celebrated its Charter presentation and installation of board on Sunday. Rotary Means Business encourages Rotarians to support the success of their fel..

Tejinder Singh to lead NRHA, Khurana becomes Secretary

    Business ReporterAnnual General Meeting (AGM) of Nagpur Residential Hotels Association (NRHA) was held RECENTLY at Hotel Orient Grand, wherein new team of THE BODY for 2023-25 was elected. Tejinder Singh Renu became President while..

Government rolls out mandatory quality norms for solder wires

   Business ReporterTHE Government has issued mandatory quality norms for solder wires, used in electronics and engineering industry, to curb the import of sub-standard goods and boost domestic manufacturing of these goods. A notification i..

Festive demand firms-up flower prices

    Business ReporterWith the arrival of Ganesh festival the demand for natural flowers and especially the pooja flowers are witnessing heavy demand resulting in prices shooting up. With the phenomenal rise in demand for flowers prices..

INIFD, LST hold 8th Season of ‘Indian Fashion Trunk’ at NYFW

   Business ReporterINTER National Institute of Fashion Design (INIFD) and London School of Trends (LST) organised the ‘Indian Fashion Trunk’ during New York Fashion Week (NYFW) for the 8th Season. The ascent of sustainable fabr..

Unite to fight against cyber crime: DCP Archit Chandak

   Business ReporterTo foster cyber awareness and protect communities from evolving cyber threats, an event “Cyber-e-Vision- Decode the art of digital deception: Stay one step ahead of scammers’ was organised recently at Shri Ra..

‘Generative Artificial Intelligence to enhance creativity’

    Business ReporterGenerative AI is poised to impact labour markets significantly while enhancing creativity and automating routine tasks for future jobs, a new study paper said on Monday. Releasing the white paper on how AI (artific..

‘Industry Meet’ witnesses 426 MoUs between Vidarbha-based companies

     Business Reporter The ‘Industry Meet’ held here on Sunday at Guru Nanak Bhawan in the premises of Indira Gandhi Open University campus witnessed signing of 426 memorandum of understanding (MoUs) between 28 leading..

DTNBWED observes Foundation Day

   Business Reporter The Foundation Day of Dattopant Thengadi National Board for Workers Education and Development (DTNBWED) was celebrated as ‘Workers Education Day’ on Saturday at Regional Directorate on Northa Ambazari Road i..

PM Vishwakarma scheme to elevate skills of craftsmen: Gadkari

    Business Reporter Prime Minister Narendra Modi launched the PM Vishwakarma Scheme for traditional artisans and craftspeople on the occasion of Vishwakarma Jayanti on Sunday. During the launch, he released PM Vishwakarma logo, tag..

FPIs take out Rs 4,800 crore from equities in first fortnight of Sept

   Business ReporterFOREIGN portfolio investors (FPIs) have pulled out close to Rs 4,800 crore from equities in the first fortnight of September on rising US bond yields, a stronger dollar, and concerns over global economic growth. Before t..

Premium fashion and lifestyle expo ‘RIWAAZZ’ to conclude today

The hot favourite fashion and lifestyle exhibition ‘RIWAAZZ’ which catapults Nagpur to new high on fashion meter is back again. The exhibition started at Hotel Tuli Imperial, Ramdaspeth on Saturday will conclude on September 17. Riwaazz is immensely popular premium fashion lifestyle exhibition in a number of cities. Hand-picked 60 plus eminent designers from all over India are participating in the expo. Combination of ethnic, tunics, gowns, footwear, purses, fabrics, costumes and jewellery and other ..

Ganesha idols: Buyers ignore 20-25% price hike

With Ganesh festival round the corner, markets across the city are buzzing. Shops selling decorative items, electronic lighting systems and sweets sellers are witnessing a rush. But the rush at the specially set up counters offering Lord Ganesha idols is huge. Interestingly, the enthusiasm among the buyers is so high that they set aside the price hike of about 20-25 per cent of Lord Ganesha idols as compared to the previous year. The observers said that the conditions are favourable for such festivals. ..

Momentz Silver-Plated Gifting & Home Decor exhibition at Batukbhai Jewellers

Batukbhai Jewellers, a name synonymous with exquisite craftsmanship and unparalleled quality, is conducting an extravagant ‘Momentz Silver-Plated Gifting & Home Decor Exhibition’ for Diwali and corporates that left patrons spellbound. This grand showcase, being held from September 15 to 17 at their Dharmpeth Store, is receiving good response. This year’s exhibition featured an all-new collection of meticulously hand-crafted and hand-picked silver-plated masterpieces that redefined opulence and sophisticati..

Aura Conservation Park becomes favorite destination for many

In a span of just a few years, Aura Conservation Park has established itself as the largest collection of medicinal plants in Central India by promoting, cultivating and preserving various medicinal plants. It has created a space in the minds and hearts of people and especially students and nature lovers. More than 800 medicinal plants species are conserved at Aura Conservation Park. Many of these plants have become rare, while many are on the verge of extinction. Preservation and cultivation methods ..

Domestic manufacturing of premium lighting products may double in 3 years

THE Indian premium decorative lighting industry is focusing on domestic value addition to replace imports, and expects the localisation level to double from the current stage in the next three years as the demand is on the rise, a senior company official said. Localisation refers to locally producing or manufacturing components. It is beneficial for a sector as it cuts down the cost of the component or the whole product. The localisation and domestic manufacturing of premium lighting products is now ..

Finance Ministry notifies 31 State benches of GST appellate tribunal

THE Finance Ministry has notified 31 benches of GST Appellate Tribunal (GSTAT) which will be set up in all States and Union Territories. Setting up of state-level benches of GSTAT would help businesses by way of faster dispute resolution. Currently, taxpayers aggrieved with ruling of tax authorities are required to move the respective High Courts. The resolution process takes a long time as High Courts are already burdened with backlog of cases and do not have a specialised bench to deal with Goods ..

TRA startsstudy to assesscarbon footprint

THE Tea Research Association (TRA) has initiated a collaborative study to assess the carbon footprint of the industry, an official said. Speaking at the 59th Annual General Meeting of TRA, its chairperson Nayantara Palchoudhuri said a committee has been formed by the Tea Board of India to learn the outcomes of the study, and discuss and formulate policies on achieving net zero goals for the industry. She also urged the FSSAI or the Food Safety and Standards Authority of India to devise a rating system ..

Gadkari to attend launching of ‘Vishwakarma Yojana’ in city

Union Minister of Road Transport and Highways Nitin Gadkari will be the chief guest at function organised by MSME Development Institute in the city September 17, to mark the occasion of launch of PM Vishwakarma Yojana. Prime Minister Narendra Modi will launch PM Vishwakarma Yojana across the 70 locations in the country via video conferencing. In Nagpur the function will be held at Dr.Vasantrao Deshpande Hall, Civil Lines, Nagpur at 9:30 am, said P M Parlewar, Director, MSME-DI, (M: 9422442490)...

Jaika Motors, Aditya Tata Cars launch Nexon & Nexon EV

   Business Bureau. Jaika Motors Pvt Ltd and Aditya Tata Cars on Thursday launched the most awaited all New Nexon and Nexon.EV Facelift at their respective showrooms. In Jaika Moters, the launching was done by Sudhir Kumar, Territory S..

Western Coalfields and Vensar Construction Co sign agreement

   Business BureauWestern Coalfields Limited (WCL) and Vensar Construction Company Limited recently signed an agreement to start the work of Valni underground mine. Walni underground mine in Nagpur area of WCL has been closed for a long tim..

Credit growth to moderate to 13.2 pc in FY24: Icra

   Business BureauCredit growth in the banking system’s will moderate to 12.1-13.2 per cent in the current fiscal from 15.4 per cent in the year-ago period, a domestic rating agency said on Thursday. Asset quality improvement will con..

Domestic air traffic rises 22.8% to 1.24 crore in August: DGCA

   Business BureauDomestic air passenger traffic rose 22.81 per cent to 1.24 crore in August this year as against 1.01 crore in the year-ago period, according to DGCA data released on Thursday. Budget carrier IndiGo flew 78.67 lakh passenge..

Pre-booking of iPhone 15, iPhone 15 Plus to start from tomorrow

   Business BureauApple announced launching of much-awaited iPhone 15 and iPhone 15 Plus with upgraded camera in India. The company has also announced launching of the latest Apple Watch series and AirPods Pro with USB-C functionality. The ..

VIA-LEW conducts session on CRM

    Business BureauThe Lady Entrepreneurs Wing of Vidarbha Industries Association (VIA-LEW) conducted a session on ‘Customer Relationship Management: The Golden Pot’ on Wednesday at VIA Auditorium in Civil Lines. Mili June..

More than 100 paper mills likely to come under PAT scheme: IPMA official

    Business BureauMore than 100 paper mills are expected to come under the energy efficiency scheme Perform Achieve and Trade (PAT) by next year as players are adopting technology to reduce their energy footprint, an industry body sai..

Job oriented special courses available at Shatayu College

   Business BureauShatayu College, located near Hingna T-point, Plot No. 5, Jalvihar Colony, Ring Road and affiliated to RTM University, Nagpur and Tilak Maharashtra University, Pune, has been given the best result for the past 15 years. Th..

Edible oil prices to remain stable this month

   Business Bureau The edible oils prices, excluding groundnut oil, seem to be under pressure on account of lower demand and good supplies in the wholesale market, said Rajesh Thakkar, Director of Shantilal Oils Pvt Ltd, Itwari and Pre..

Domestic air passenger traffic rises about 23 pc in Aug: Icra

   Business BureauINDIA’S domestic air passenger traffic rose about 23 per cent year-on-year to 1.24 crore in August and was 6 per cent higher than the pre-Covid level (August 2019) of around 1.18 crore, credit rating agency Icra said..

Steel prices to stay stable in FY’24

   Business Bureau DOMESTIC steel prices are expected to remain stable in the coming months of the current fiscal, backed by strong demand, rising coking coal prices and production-related dynamics in China, amid a slowdown in the glob..

Vivekanand Nagri Sahakari Pratyaya Sanstha posts profit of Rs 1.65 crore

   Business BureauVIVEKANAND Nagri Sahakari Pratyaya Sanstha Maryadit, one of the leading co-operative societies in Nagpur, recently conducted its 54th annual general meeting (AGM) under the leadership Vivek Jugade, Chairman of Vivekanand N..

34th CCQC-2023 held at RCOEM, Nagpur

   Business BureauQUALITY Circle Forum of India (QCFI), Nagpur Chapter, in association with Shri Ramdeobaba College of Engineering and Management (RCOEM) organised the ‘34th CCQC: 2023 - Chapter Convention on Quality Concepts with the..

Malu, Renu re-elected as President & Secretary of VTA

   Business BureauVIDARBHA Taxpayers Association (VTA) conducted its 12th annual general body meeting here recently, wherein new team of VTA for the year 2023-25 were elected. In the meeting, Shrawan Kumar Malu was elected as the President,..

Follow business ethics to get success in real estate: Er. Pramod Khairnar Patil

   Business Bureau While addressing the Youth Wing Members at 2nd Regional Youth Meet held at Hotel Centre Point recently, Er. Pramod Khairnar Patil, President, CREDAI-Maharashtra, said business ethics and self discipline are must for ..

Toyota Rumion launched at Patni Toyota

   Business Bureau The Toyota Rumion was launched at Patni Toyota at Wadi and Great Nag Road, Nagpur on Monday. This is the Toyota’s latest offering, the a new compact MPV boasting of unmatched space, excellent fuel efficiency in..

29th AGM of Dharampeth Mahila Co-op Society held

   Business BureauThe 29th annual general meeting (AGM) of The Dharampeth Mahila Multi State Co-operative Society Limited was held at Amrut Bhawan, North Ambazari Road in the city on Sunday in presence of a large number of members of the so..

One can achieve success in multiple businesses simultaneously: Kusumgar

   Business BureauWell-known businessman Nikhil Kusumgar, while addressing the session organised here by Vidarbha Management Association (VMA) on Sunday said that one can achieve success in multiple businesses simultaneously with proper pla..

Bank of India celebrates its 118th Foundation Day

   Business BureauBank of India (BoI), one of India’s leading public sector banks, celebrated its 118th Foundation Day on September 7 across all its offices. The zonal office of the Bank of India located at Kingsway in the city organi..

Allow consumers to pay power charges above Rs 5,000 in cash: Traders to MSEDCL

   Business Bureau  Highlighting that the power consumers are facing hardship in paying the power charges in digital mode or by cheque, city’s traders recently urged the Maharashtra State Electricity Distribution Company Limited ..

‘Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth’

   Business BureauSustainable growth of the fintech ecosystem can be achieved by putting in place a governance mechanism and focusing on customer-centricity, a senior RBI official said recently. RBI Governor Shaktikanta Das had recently ask..

MG Astor ‘Blackstorm’ launched at Nangia Cars

   Business BureauMG Motor India, a British automobile brand with a 100-year-old legacy, on Saturday launched the Blackstorm edition of the MG Astor - India’s most advanced SUV in its class. With the Blackstorm edition, MG India offer..