The Chamber of Small Industry Associations, (COSIA), Vidarbha Chapter has organised a knowledge sharing webinar on ‘Debt Restructuring & One Time Settlement (OTS)’ , its benefits and challenges specially to MSME in today’s scenario, post COVID-19 period. The session will be held on October 24. When this pandamic disease has taken a backseat and economic activities are gradually reviving in the country the business enterprises are facing multiple challenges. MSMEs ..

Good response to ‘Happy Customers’ campaign of Rokade JewellersSometimes the golden threads of a relationship are tied together by just a good coincidence. This kind of the golden relationship has been developed through the years of faith between Rokde Jewellers and its customers. Now the jewellers is trying to strengthen this special relationship with the customers through the ‘Happy Customers’ campaign. Rokde Jewellers has launched the campaign to express gratitude ..

The all new THAR was launched by Mahindra & Mahindra at Central India’s largest and oldest M&M authorised dealer Provincial Automobile. The unveiling of the all new THAR was done in presence of special invitees Ajit Singh Nikam and Suhel Mehdi along with Akhil Parbat, ASM - M&M, Ashish Kale, MD, Gurmeet Suri, Sr GM, Sharad Dwivedi and GM Sanjay Kumar from Provincial Automobile at a glittering function held at their MIDC showroom...

Vidarbha Economic Development Council (VED) organised a webinar on ‘India’s place among Asian Tigers’ recently. Among the eminent panellists were Vishnu Prakash, IFS, former Envoy to Canada and South Korea, Ajay Sancheti, former Rajya Sabha member, leading industrialist and into healthcare and environment protection management an..

THE AICTE-Sponsored program to be conducted by eminent faculty members. In a dynamic environment, management education needs to nurture the ability to transform the teaching learning process to create leaders to lead ever changing businesses, social and Govern- ment ventures...

ONE of the leading names in the construction segment Rai Udyog Limited has launched its prestigious scheme ‘Rai Galaxy II’ which is getting an overwhelming response from the customers. The scheme is situated in the heart of the city, near commercial hub of Jaripatka Bazar and half kilometre from Indora Square. Rai Galaxy II consists of 138 fl..

ONLINE spending, which has got a boost during the pandemic, is expected to grow at an annual rate of over 35 per cent to USD 200 billion in the next five years, and a lot of this growth will come from direct-to-consumer brands, according to a report. The domestic direct-to-consumer (D2C) market is estimated to be USD 100 billon by 2025, or 11 per cent of the total retail market that is slated to touch USD 1.7 trillion by then, investment bank ..

Recently a meeting was held under here in the city to explore opportunities for setting up a Centre of Excellence (CoE) for aviation indigenization at Nagpur. P M Parlewar, Director, MSME-DI, Nagpur, presided over the meeting where executives of Reliance Dassault System, Vidarbha Defence Industries Association (VDIA) and others took part. Rohit Mahajan, Senior Executive from Dassault Systems, Dushyant Deshpande, Dilip Gondnale, Executives Yash T..

The state-owned oil marketing companies are all set to implement a new system for delivery of Liquefied Petroleum Gas (LPG) cylinder from Novemebr 1 in select 100 smart cities in the country including Nagpur. Under the new system, the consumers will have to provide a one-time password (OTP) to the delicery agent at the doorstep before getting the refill. The delivery will not be completed untill a code is shown to the delivery person on the consumer’s registered mobile number...

The number of insurance claims related to treatment for COVID-19 rose to 40 per cent of the total health insurance claims in September, according to an analysis. Based on its analysis of industry data, insurance aggregator Policybazaar.Com said “most people filing the claim for COVID-19 treatment are senior citizens of age group 60 years and more, followed by people in the age bracket of 41-45 years”. In September, the insurance aggregator said COVID-19-related claims accounted for 40 per cent of ..

Traders’ body CAIT on Thursday said direct selling business, which is currently governed by the Consumer Affairs Ministry, should be brought under the domain of the commerce and industry ministry as it is part of the domestic retail trade...

Mehadia Sales (Electricals) was recently appointed as the authorised distributor for Atomberg Fans for the Vidarbha region.Atomberg has brought revolution to fans by introducing BLDC technology which consumes only 28 W on full speed...

As the Revenue authorities have started reviving old and pending cases and notices are being served to the assesses. To deal with this properly the chartered accountants (CAs) need to have in-depth study of facts relating to the Income Tax cases. This was revealed by Padmashri awardee CA T N Manoharan, Chennai, Past President of ICAI, from Chennai while speaking at the webinar on ‘Income Tax - Dealing with notices and appeals’ organised recently by the Nagpur Branch of WIRC of ICAI. Meetings and ..

The 76th Annual General Meeting (AGM) and 11th meeting of the Executive Committee of the Nag Vidarbha Chamber of Commerce (NVCC) will be held on October 21 at 11.00 am and 10.15 am respectively at Naivedhyam Northstar on Koradi Road, Nagpur...

With coronavirus lockdowns pummelling fuel demand in India, Fitch Ratings expects the marketing and refining volume of state-owned oil firms to fall by more than 15 per cent in the current fiscal year before a gradual recovery in 2021-22. “Pent-up demand and the festival season may support fuel sales in 3QFY21 (October-December), but a sustainable recovery would be subject to risks from the continuing spread of the coronavirus hindering mobility and economic activity,” Fitch said.India’s fuel demand ..

Vidarbha Industries Association (VIA) in association Nagpur First will be jointly organising the ‘Global Leadership Talk’ on ‘Insights into the US presidential elections’ on October 17 at 8 pm on Zoom app...

COAL India’s (CIL) efforts in its Bal Sewa Yojana, the treatment of underprivileged Thalassemia patients aged below 12 through bone marrow transplant on Wednesday received appreciation from Dr Harsh Vardhan, Union Minister for Health and Family Welfare. ..

The agriculture sector has a major role to play in the economic development and easing the unemployment situation in Vidarbha and fisheries can be one of the best options, said Dr Kapil Chandrayan, a former expert member of Vidarbha Statutory Development Board (VSDB) while speaking at a webinar which was organised by Vidarbha Economic Development Council (VED) on the ‘Opportunities and challenges in the field of fisheries which will provide new opportunities to the youth’. “We need to take advantage ..

EROS Hyundai, the authorised Hyundai dealership and service centre has launched the ‘Navratri Car Care Camp’ as a unique way to celebrate the nine auspicious days of the festival. Started on October 14, the camp with nine celebratory offers will go on till October 22. The ‘Navratri Car Care Camp’ was formally inaugurated by one of the customers in the presence of Vinod Burde, General Manager, Paras Thakre, Service Manager, Mamta Nan..

Confederation of Indian Industry (CII) Vidarbha Zone’s Environment and Sustainability Panel under the leadership of Dr Kishore Malviya, Convener, Environment & Sustainability Panel and Lt Cdr Amit Chaurasia (Retd), Co Convener, Environment and Sustainability Panel jointly with Alumni Association of NEERI (AAN) will be organising the session on ‘Biomedical waste management during COVID-19 pandemic’ on October 17 from 3 pm to 5 pm...

ALL India Agarbathi Manufacturers Association (AIAMA) on Wednesday said it has estimated a 30 per cent rise in the consumption of incense stick during this festive season. Starting from Ganesh Chathurthi till New Year, it is a very crucial period for the Agarbathi industry. “Even though there are restrictions on public functions and pujas that may ha..

TIE Nagpur in continuation of its initiative under the Charter Member ‘Impact Speaker Series’ will be organising a session on the topic ‘Business Resilience’ on October 16, between 5.30 pm to 6.30 pm. This will be an interactive session, where Dipesh Ajmera, M..

OIL Minister Dharmendra Pradhan on Tuesday said, there was no scaling down of the capacity of the planned mega 60 MTPA refinery on the west coast as it was essential to meet future fuel and petrochemical demand in the country. Pradhan also said, the privatization of Bharat Petroleum Corporation Ltd (BPCL) was very much on track but the Government was treading cautiously given the size of the divesture. Speaking at the Energy Intelligence Forum 2020, he said, fuel demand is expected to reach pre-COVID-19 ..

SECURITY forces recovered arms and ammunition on Tuesday from Teetwal border town of Jammu and Kashmir’s Kupwara district. The police said the security forces, including the Army and the local police recovered five pistols along with 10 magazines and 138 rounds from a bag which was “suspiciously” lying in the Teetwal area. “Local police post at Teetwal received information about the presence of a bag containing suspicious material in village Gundi Shart...

Nagpur Branch of WIRC of Institute of Chartered Accountants of India (ICAI) recently organised a webinar on ‘Standards on Auditing.’ CA Dr Debashis Mitra, Chairman Board of Studies (Academic), ICAI, was the chief guest. He said, ICAI has got publications ready for guidance on auditing standards, because of situations emerged from COVID-19. He conveyed that because of lockdown during March end, physical verification of stock in majority of cases was done throu..

Job seekers’ interest in remote teaching jobs jumped by 212 per cent between March and August over the same period last year, according to a report. The postings for work from home teaching jobs grew by 93 per cent during March-August this year, compared to the same period of 2019, the report by global job site Indeed revealed. The report is based on the data of job listings and searches on Indeed platform during March to August, as against the same period last year...

Arun Motors Nagpur’s brand new Maruti Suzuki dealership has launched the Vitara Brezza Limited Edition vehicle. The Limited-Edition variant of the Vitara Brezza comes equipped with all modern features like Touchscreen multimedia system, reverse parking camera, machine cut alloy wheels and is powered by the much awarded 1.5L petrol engine...

Keeping in mind the health and safety of millions of Indian retailers and consumers, Union Urban Development Minister Hardeep Puri recently launched an ‘All India Sanitisation Kits’ drive of the Confederation of All India Traders (CAIT) in association with MasterCard. Praveen Khandelwal, Secretary General of the CAIT and Porush Singh, President, South Asia of MasterCard presented the kit to Hardeep Puri. On the occasion Puri said, “At this point of our fight against the pandemic, awareness about adhering ..

VIA Agro and Rural Development Forum is organising a live demo workshop on ‘marketmirchi.com’ for farmers on October 13 from 4 pm onwards on Zoom application. Pragati Gokhle, Founder and Chief Mentor of Mission Mera Mobile Mera Marketing is an M.Sc gold medalist, retired Dy Director MGIRI, Advisor Rajiv Gandhi Science and Technology Commission and National Resource person Ministry of Rural Development Government of India. For details, contact VIA on 0712-2561211 or Shachi Mallick, Convener of the ..

Jee Hazoor has started ‘Saree Sale Mahotsav.’ Upto 50 per cent discount is given on designer and silk sarees. In silk sarees, there are Paithani, Kanjivaram, Patola, Gadhwal, Jamawari, Bombkai, Upada, Dakshinotri, Nalli etc. Designer sarees are made from artisans of different cities...

The Marketing Forum of Vidarbha Industries Association (VIA) in association with Vidarbha Plastic Industries Association (VPIA); Vidarbha Management Association (VMA), Amravati Management Association (AMA), Automobile Association, Nagpur (AAN), Chandrapur Management Association (CMA), Butibori Manufacturers Association (BMA) recently conducted a webinar - “My Entrepreneurial Journey”. Ramesh Bhutada, CEO of Star Pipe Products, Houston, Texas, USA, was the keynote speaker. At the outset, Suresh ..

An Irdai committee has suggested reduction in entry-level capital requirement for standalone micro-insurance companies to Rs 20 crore from the current Rs 100 crore with a view to accelerate expansion of this segment of insurance market in the country. The committee set up by the Insurance Regulatory and Development Authority of India (Irdai) to suggest steps to promote micro-insurance said that like other nations India too will need to attract multiple players if it wants to substantially increase ..

Shree Shivam the family fashion mall has launched the Silk Utsav which showcases 52 different types of silk from October 9 to 15. The silk festival is getting an overwhelming response from the customers. When a person thinks of silk he imagines the traditional look, but Shree Shivam attempts to bring a modern look to silk which includes tissue brocket, ultra modern Kanjivaram, strip pattern, modern checks, self weaving and many more fabrics. Talking about colours, Shree Shivam has given ..

  The Government on Friday announced the launch of a website for entities involved in research and development (R&D) in the coal sector. The website, which has been designed and developed by Coal India subsidiary Central Mine Planning and Design Institute, was launched by Coal Secretary Anil Kumar Jain. “The website will help in disseminating and promoting the knowledge and research work in the coal sector,” Jain said. The website broadly displays the guidelines for ..

MG Motor India has launched India’s First Autonomous (Level 1) Premium SUV, MG GLOSTER, at an inaugural price starting at Rs 28.98 lakh, ex-showroom, New Delhi. With its elegant design and compelling features, GLOSTER appeals to the segment of premium and luxury that ranges from Rs 25 lakh to Rs 50 lakh. It will be available in 4 feature-intensive variants in India, i.e. Super, Smart, Sharp and Savvy. They extend unmatched opulence to MG customers with multiple combinations such as luxurious bucket ..

The garlic prices have shot up this season compared to prices one month ago due to lower supply to the market. Excess rains have spoilt 30 per cent to 40 per cent of garlic crop thereby pushing up the prices in the market. Consumers may not get respite from soaring prices till the new crop arrives in the market from January, traders said...

Madhya Pradesh Government had recently reduced the mandi cess from 1.7 per cent to 0.5 per cent following the agitation of the local farmers Business Bureau : The Wholesale Grains and Seeds Merchants Association recently urged the Government to bring down Mandi Cess to 0.35 per cent to control raising prices of the commodities...

KUSUMGAR showroom is hosting three days service camp offering benefits and discount to its prestige customers. The camp will be held from October 8, offering discounts on labour, parts and accessories and will follow social distancing practices and other measures stringently during the process to ensure customer safety. As a part of the initiative, customers can reap the benefits of discounts on parts, labour, accessories and more...

VIA HRD Forum is organising a panel discussion on ‘New Three Labour Codes’ on October 11, from 11 am to 12.30 pm on Zoom app. Eminent panellists will be Chander Uday Singh, Sr Adv Supreme Court, Dr Vivek Montero, President, Mumbai DharmikSangh (CITU) and Dr R Krisha Murthy, Sr Management Consultant & Head Mohan Das & Associates. ..

HAVING already received and deployed the first lot of around 72,500 Sig Sauer assault rifles from the US for counter-terrorists operations, the new batch of these assault rifles would be given to the soldiers deployed on the front with China in Eastern Ladakh...

True to their basic DNA where winning has become a habit, FIITJEE announced the dominating success of their students in JEE Advanced, 2020. Araj Khandelwal, Nagpur 3rd City Topper, has secured AIR – 121 in JEE Advanced 2020. He is a student of FIITJEE Nagpur Centre’s Intensive Classroom Program. In addition, 34 students have made it to merit list from Nagpur Centre so far...

RSS-aligned Bharatiya Mazdoor Sangh (BMS) on Tuesday demanded immediate withdrawal of anti-worker provisions in the labour codes and said it will hold a nationwide protest against the new laws on October 28. BMS has also planned to hold a long continuous agitation if the government does not give any heed to its demands which also includes general strike to protect workers’ rights. In a virtual press conference, BMS office bearers on Tuesday discussed t..

Students of ALLEN Career Institute Nagpur have proved their excellence in the very first year with the JEE-Advanced 2020 result. Three students of the institution have made it to the top 150 and 5 students have made it to the top 1,000. All of these students are from ALLEN’s Nagpur Classroom Course. Ashutosh Hisaria, Center Head of Allen Career Institute Nagpur, said that Allen Nagpur student Atharva Dabli secured AIR 101 whearas Aditya Kadoo and Araj Khandelwal secured AIR 112 and AIR 121 respectively. ..

THE decline in domestic gas prices is likely to benefit urea producers as it will lower the cost of production and reduce the requirement of subsidy, ratings agency Icra said. However, the increase in prices of phosphoric acid is expected to moderate the profitability of phosphatic fertiliser producers, Icra said in a report. The sector saw robust growth in ..

The hotel and restaurant owners have been one of the worst affected which are suffering irrecoverable losses due to COVID-19 lockdown. “Currently, about 40% hotels are closed as room occupancy levels have come down to about 5%,” said Tejinder Singh Renu, President, Nagpur Residential Hotels Association (NRHA). He futher said, “Despite major relaxations in lockdown in the past few months, the visitors numbers are still very low as the impact of the Coronavirus will remain long in their memories, which ..

The CEOs of top 115 companies who met at CII’s National Council earlier this week indicated revival of business sentiment and a gradual rise in expected corporate performance in a poll, raising hopes that a steady recovery of India’s economy is on anvil. The CEOs, who took the poll, included representatives from across sectors like metals and mining, manufacturing, auto, pharma, health, energy, infrastructure, construction and leading services sector including ITES, health hospitality tourism and ..

Dass Jewellers Impressa Rise, located at Shivaji Nagar, has come up with attractive offers to mark its anniversary. The famous and trusted jewellers is offering only Rs 351 per gram making charges on all types of 22 karat gold jewellery. Similarly, the jewellers is also offering zero making charges on diamond jewellery. In addition to this, it is displaying wide range of jewellery items to suit the customers’ taste especially for the upcoming festivals. ..

To mark the occasion of 151st birth anniversary of Mahatma Gandhi on Friday, the Confederation of All India Traders (CAIT) launched a nation-wide campaign in the name of ‘Vyapar Swarajya’ - making attempt to end to the domestic trade dependency of the country on China and other multi-national companies (MNCs). The campaign also aims at liberating the domestic trade and e-commerce business from the vicious clutches of foreign direct investment (FDI) funded e-commerce and other foreign companies. The ..

The Taxation and Corporate Law Forum of Vidarbha Industries Association (VIA) will conduct a session on zoom titled ‘When Taxmen Knocks Your Door’ on October 5 from 6 pm to 8 pm. Key features of Income Tax Raids and Surveys will be highlighted in the session wherein India’s renowned Tax Guru and veteran Direct Tax expert CA Dr Girish Ahuja will be the keynote speaker. ..

The COVID-19 pandemic has given a new business culture ‘Work From Home’ (WFH) to the country which is cost effective, time saving and enables the people to increase productivity but at the same time requires a well defined policy from the Government to avoid any dispute between employers and employees, said Confederation of All India Traders (CAIT). In this regard, CAIT has already sent a representation to Prime Minister Narendra Modi urging him to direct the concerned Ministry to formulate protocols ..