MG Motor India has delivered eight more Hector ambulances equipped with modern life-saving systems for Nagpur and other cities of Vidarbha. The ambulance units were handed over in the presence of Nitin Gadkari, Union Minister of Road Transport and Highways, Micro, Small and Medium Enterprises, (MSME) Government of India, on June 19. Mahesh Nangia, Akshit Nangia and Abhimanyu Nangia from Nangia Cars were also present on this occasion. Speaking on the occasion, Yash Yadav, Chief Corporate Affairs Officer, ..

Former Senior Vice President of Reliance Industries Ltd and expert in Refinery and Petro Chemicals Vinayak Marathe said new refinery in Vidarbha region would need USD 1.5 to 2.0 billion additional capex for laying 900 km long pipeline for crude oil. However, he said, the additional cost would be compensated in next couple of years. “Besides, there will be many other advantages in setting up new refinery in the region,” he said on Saturday while speaking at the session organised here by the Vidarbha ..

Foreign portfolio investors (FPIs) pumped in a net Rs 13,667 crore so far in June as Indian markets continued to remain attractive to overseas investors. However, market experts noted that FPIs withdrew money from Indian equities this week. According to depositories data, FPIs invested Rs 15,312 crore in equities between June 1 and June 18. “The US Federal Reserve has signalled that it will start raising interest rates in 2023...

Highlighting the importance of setting up a petrochemical complex and oil refinery for overall growth of Vidarbha, Vinayak Marathe, former-Senior Vice-President of Reliance Industries Limited, while speaking to The Hitavada said, “the mega facility can change the face of the region and also trigger massive growth and employment opportunities on sustainable basis in Vidarbha. He further said that to realise a massive project with an estimated investment of Rs 2 lakh crore for a 30 million tonne per ..

DISPLAYING the supremacy of FIITJEE’s teaching methodology, students from FIITJEE’s Nagpur Centre have done remarkably well by topping the in NTSE Stage-1 results in Vidarbha. The other successful students are Pranish Sudhir Panpalia, Arsh Shailesh Raut, Shantanu Sunil Barai, Aman Manoj Khode, Pranay Milind Bagde, Nayan Shashikant Waghmare and Rashi Rahulkhadse. They all are from FIITJEE’s Long Term Classroom Programmes. The National Talent Search Examination (NTSE) is a national level examination ..

Hyundai Motor India on Friday expanded its SUV range in the country with the launch of new model – Alcazar – priced between Rs 16.3 lakh and Rs 19.99 lakh (ex-showroom). The launching ceremony was also held here at all the three dealerships of the company - Ketan Hyundai, Eros Hyundai Signature Dealership and Bigwig Hyundai with great fanfare.The country’s second largest passenger vehicle maker is looking to further consolidate its position in the fast-growing SUV segment with the introduction of ..

Retail prices of three pulses -- tur, moong dal and urad -- are on a declining trend after the Government took coordinated actions with State Governments to check hoarding, the Food and Consumer Affairs Ministry said on Friday. “The upward pressure on retail prices of tur, moong dal and urad has stabilized in 2021 and is on a stable or declining trend,” it said in a statement. According to the ministry, the average increase in prices of these three pulses during April to June 16, 2021 was 0.95 per ..

An international export chain of branded readymade garments will be organising its 3 days ‘Annual End of Season’s Fresh Stock Garments Sale’ from June 19 at Chitnavis Centre, near Hislop College, Civil Lines. The company intends to offer high quality branded readymade garments at unbelievably low prices. The company would be selling all the stock at the cost of stitching...

In the previous year, the Central Government imposed a 21 day lockdown in March which was later extended till end of August due to the COVID-19 pandemic. As a result of this, all economic activities were stopped from functioning. The lives of the workers were badly affected. Especially those workers whose bread and butter depended on daily wages. Changes in workers law, lack of social security, civil protection and economic decisions leading to unemployment have created an atmosphere of dissatisfaction ..

India’s gems and jewellery exports in May 2021 declined by 5 per cent to Rs 21,188 crore (USD 2.89 billion) compared to the same month in pre-pandemic 2019, due to the disruptions caused by the second Covid wave across the country, according to the Gem and Jewellery Export Promotion Council (GJEPC). In 2019, the overall gem and jewellery exports in May stood at Rs 22,388 crore (USD 3.20 billion), according to the GJEPC data. India’s gem and jewellery exports in May 2021 slipped into negative territory ..

DEPARTMENT of Computer Science and Engineering, Artificial Intelligence and Information Technology, G H Raisoni College of Engineering (GHRCE), Nagpur will be organising an International Conference on Computational Intelligence and Computing Applications (ICCICA) on June 18-19. The proceedings of the conference will be published by AIP which will be Scopus indexed. More than 160 papers have been received so far from industry as well as academia. Padama Shri Dr Mylswamy Annadurai, Ex-Director, ISRO ..

THE Bharatiya Mazdoor Sangh (BMS) Vidarbha Pradesh recently organised its Triennial Convention at Devi Ahilya Mandir hall. In a meeting, the members elected a new team of office bearers for the term upto 2024 on the concluding day of its triennial convention. The new team of office bearers includes Vidarbha Pradesh BMS President Shilpa Deshpande from Nagpur, Vice President Gajanan Vaidya from Yeotmal, Vivek Allewar from Chandrapur, Ganesh Gulhane and Trilokchand Kharbade both from Nagpur. Also, the ..

LG Electronics, India’s leading consumer durable brand on Tuesday announced its latest consumer campaign “Together We Can Make Life Better”, offering exclusive deals and assured gifts of up to Rs 35,000 for consumers. Under this campaign, consumers can prebook and purchase their favorite LG products sitting at home, coupled with easy finance schemes, cashback, and convenient EMI options, valid till July 31, 2021. LG Electronics has taken measures to help customers pre-book their favourite LG product ..

Corona pandemic had hit our country in March 2020, since then there has been a slew of challenging conditions almost for every sector. Focus was shifted to medical accomplishments which aimed to saving lives. All the essential sectors were only working and rest falling in non- essential commodities criteria faced the most of it during lockdown situations in country. “Result of which is MSMEs like most of the sectors are facing crunch of funds, liquidity, manpower and raw material. Lockdown imposed ..

The Asian African Chamber of Commerce & Industry (AACCI) recently honoured Adv Soniya Amrut Gajbhiye with ‘The Women Leadership of the Year’ award in Legal Services category. She was honoured via an online event held as part of the AACCI’s annual flagship event. AACCI is a transnational chamber dedicated to spreading the support for trade, business and investment in the region...

ŠKODA AUTO India unveiled the all new Octavia at an attractive ex-showroom price of Rs 25.99 lakh nationwide - taking forward the ‘One Nation One Price’ philosophy. The Octavia marked the beginning of Škoda Auto’s model offensive campaign for India two decades ago. The fourth generation, with its timeless design, exquisite interiors, class leading safety, and intelligent connectivity features, pushes the yardstick further. Zac Hollis, Brand Director – Škoda Auto India, said, “When it was introduced ..

VIA–Lady Entrepreneurs’ Wing recently conducted a webinar on ‘Promoting business and making it profitable’ on zoom platform under the leadership of Manisha Bawankar, Chairperson, VIA LEW. The guest speaker, Rajeev Aggarwal, is in the field of project management and has transformed many non-profitable businesses and projects into success stories said, “A person should work with dedication for success in business. A successful business is essentially a complex combination of very simple things.” Highlighting ..

Highlighting the benefits of establishing a petrochemical complex and refinery in Vidarbha, the Vidarbha Economic Development Council (VED) recently conducted a virtual meeting with Praful Patel, Member of Parliament and former Union Minister and Vinayak Marathe, refinery expert. In the meeting, Patel endorsed the view that the refinery should be established in Vidarbha. Patel further said, “In another few years, fuels for automobiles would no longer be needed, emphasis should be laid on petrochemicals ..

One of the leading dealerships in the city, Arya Cars has been awarded the highest Royal Platinum band by Maruti Suzuki for the 10th time for their Arena outlets. Not only that, the dealership achieved a double bonanza with the highest Alpha band for their Nexa outlets 6th year in a row, says the company in a press release. Arya Cars is the only Maruti dealer in Nagpur to be bestowed with both these prestigious awards. These recognition are based on excellence and all-round performance in sales, service, ..

  The Confederation of All India Traders (CAIT) on Friday welcomed the Karnataka High Court’s judgment dismissing the petition of Amazon and Flipkart and the stay granted on an investigation by the Competition Commission of India (CCI) against e-commerce companies’ business model in India. “It fully vindicates the stand of CAIT that Amazon and Flipkart business model is entirely based on violating the FDI policy, rules and other laws and therefore without wasting any more ..

 HRD Forum of Vidarbha Industries Association (VIA) recently organised a webinar on ‘How HR can foster empowerment in COVID-19?” recently on the zoom platform. The guest speaker, Brenda Mendes, having more than 40 years of professional experience working with the stalwarts of Indian industry said, “Empowerment of employees is need of the hour. Empowerment is giving power and responsibility to employees to do more, be more and succeed more at the workplace. The pandemic has changed ..

Vivekanand Nagari Sahakari Pratyay Sanstha donated ambulance of Mahindra and Mahindra company to Rashtriya Swayanksevak Sangh Lokkalyan Samiti. Vivek Jugade, Chairman of Vivekanand Nagari Sahakari Pratyay Sanstha handed over the keys of the vehicle to Dr Dilip Gupta, President of Rashtriya Swayanksevak Sangh Lokkalyan Samiti. Present on the occasion were Ganesh Shete, Vidarbha Prant Pracharak of Rashtriya Swayanksevak Sangh, Sanjay Shirpurkar, Sanghchalak of Rashtriya Swayanksevak Sangh, Itwari, ..

The Butibori Manufacturers Association (BMA), one of the leading bodies of entrepreneurs of the region, gave a financial aid of Rs 25 lakh to the district administration to fight against the pandemic. The member manufacturers of the association, especially the Calderys India, raised the amount as part of their social responsibility. A delegation under the leadership of President of BMA Pradeep Khandelwal handed over the cheque of Rs 25 lakh to Nagpur District Collector Ravindra Thakare recently...

NAGPUR Branch of WIRC of ICAI recently organised a study circle titled ‘Knowledge ki Pathshala’ under the ‘Top 10 Series’ covering 10 latest amendments / judgements / advance rulings / and other important issues under GST, Income Tax and Corporate Law. The basic aim behind organising this series was to update CA members about latest changes which need to be kept in mind for understanding law provisions and advising clients. “You need to update yourself continuously to properly understand and interpret ..

INDIA offers a huge potential for Digital Challenger Banks (DCBs) but currency depreciation and local regulations are concerns for foreign investors, according to a report. Leading consultancy BCG said in the report on Wednesday that the revenue opportunity in India, which has a population of 130 crore people, was pegged at being up to ten times higher than that of rest of South East Asia. However, report said that not all licenses carry the constraint and operating as NBFC gives flexibility...

The Indus Entrepreneurs Nagpur (TiE Nagpur) announced their partnership with Amazon Web Services (AWS) to build and support the startup ecosystem at the Central India region. AWS provides and help startups to access a host of free benefits, including AWS Cloud credits and AWS Business Support credits of $5,000 with low cost and easy to use infrastructure needed to launch and scale their company. The other programme by Amazon that are available for statups are: Amazon Launchpad, Amazon Global Selling, ..

HCG Cancer Centre celebrated its 4th anniversary and National Cancer Survivors Day in an innovative way. In view of ongoing pandemic hospital has organised two on-line contests for cancer survivors. About 50 cancer patients and survivors participated in the contests. Art kit was provided to all from hospital. The event culminated in a ceremonial function by celebrating 4th annual day of Hospital- “SAMAVAYA 2021”. Director and Head of Oncosurgery Dr Ajay Mehta, Chief Operating Officer Venkateshvarlu ..

The HRD Forum of Vidarbha Industries Association (VIA) will conduct a webinar on “How HR can foster Empowerment in COVID-19?” on June 10 from 7.30 pm to 8.30 pm on zoom platform. Brenda Mendes, renowned speaker, Job Search Coach, Author, Certified Trainer, will be guest speaker of the session. She is having more than 40 years of professional experience working with the stalwarts of Indian industry. This coupled with her passion for training has empowered her to create several training modules including ..

Institute of Psycho Management Studies (IPMS), a pioneer institute of Central India, under the aegis of Dr Prabodh (Director, IPMS), is a well-known name imparting Mental Health Education. Its USP is, it offers various courses in flexi-learning mode to cater to the transient needs of the students. Courses offering Certificate, Diploma and Master Award in Psychotherapy and Counselling are available at IPMS. Fresh batches are commencing in July and admission procedures have already begun. For details ..

The new set of unlocking norms being implemented from Monday gave a sigh of relief to restaurant and hotel owners and shop owners based in the city’s malls as customers started visiting these places. Soon after the doors of malls, restaurants and hotels in Sitabuldi, Sadar, Ramdaspeth, Gokulpeth and other localities opened their doors, customers started visiting the destinations. Housewives, youths and even senior citizens were seen paying visits to the facilities that remained closed for quite long. ..

As the restrictions on opening of shops were extended till 5 pm by the Civic Administration, mango sellers were witnessing more footfalls and good demand for the ‘king of fruit’ on Monday. Also, there was excitement and enthusiasm among the people in the different markets of the city. “Good demand for Begumpalli variety has inflated its prices between Rs 20 per kg and Rs 32 per kg in the Kalamna wholesale fruit market,” said Anand Dongre, President of Nagpur Fruit Dealers Association while speaking ..

GROWTH in personal loans segment boosted credit outflow in April, said HDFC Securities. Accordingly, the personal loan segment witnessed further improvement in growth at 12.6 per cent YoY, after hitting a 10-year low of 9.1 per cent YoY in January. “This was led by growth in home loans and other personal loans. Growth in credit card receivables improved to 17.1 per cent YoY,” HDFC Securities said in a report. “Vehicle loan growth reached a 32-month high of 11.7 per cent YoY. We opine that the personal ..

Ali Coaching Classes Pvt. Ltd. and Shams Coaching Classes, the most renowned and trusted coaching institutes for NEET which are giving consistent excellet results from 1999, have started admissions for the online batches of Test Series for NEET 2021 and XI+XII+NEET 2023 batches. The Test Series Batch will commence from June 7. There will be in all 60 tests on full syllabus (720 Marks) which are going to be conducted online and will be converted into offline whenever Government gives permission. Further ..

DOMESTIC air traffic nosedived to 19.20 lakh passengers in May from around 57.3 lakh in April, registering a sharp 65-67 per cent month-on-month contraction on account of the second wave of the pandemic, a report said on Thursday. With such a sharp fall, the domestic passenger traffic reached lower than the June-July 2020 levels, rating agency Icra said. ..

INVESTMENTS made in land and building required for a project will not be covered under the production linked incentive (PLI) scheme for ACs and LED lights and these would not be considered for determining eligibility of a company to avail benefits of the programme. ..

The Institute of Cost Accountants of India, Nagpur Chapter conducted a webinar to mark its 62nd Foundation Day of recently. The theme of the event was “Professional approach to Cost Management.” The event commenced with greetings on Foundation Day and welcome address by CMA Anil B Verma, Chairman of Nagpur Chapter of Cost Accountants. He shared the journey of CMA profession right from 1944. At the outset, CMA P V Bhattad, Past President of the Institute, inaugurated the event. The guest of honour ..

The Lady Entrepreneurs’ Wing of Vidarbha Industries Association (VIA) will conduct a webinar on ‘Promoting Business & Making it Profitable’ on June 7 from 4.00 pm to 5.30 pm on zoom platform. Rajeev Aggarwal, Management Consultant Business and Global Strategy, having vast experience and who has been developing and executing business in India and globally for more than 35 years, starting in the field of project management, will be the key speaker of the session. For details, join the event at 3.30 ..

To fulfill the oxygen requirement in view of the pandemic and counter shortage of oxygen in the third wave that is being predicted by experts, Maharashtra Government has come out with the Oxygen Policy which got notified on May 21, 2021. Presently there is a imbalance in the oxygen manufacturing plants in various parts of Maharashtra as well as there is a shortage of medical oxygen during the peak time. The scheme offers 150 per cent of incentives of the total project cost as well as capital subsidy ..

The State-Government has given a shock to the industries of Vidarbha, Marathwada and Khandesh regions of Maharashtra by putting on hold the ‘Efficiency Based Energy Incentive Scheme for Backward Region’ after the month of May 2021 so as to be implemented again only after new policy is in place. R B Goenka, Vice-President of VIA said, “The State Government should continue with the power concessions till a new policy is formulated. In this regard, VIA will work with the Government and give vital inputs ..

Scoliosis a three dimensional deformity in which the spine is bent in “S” shape rather than being in straight line. It is associated with the rotation of the ribs and chest wall. Early diagnosis and treatment are necessary to prevent disabling permanent deformity, reduction in lungs and breathing capacity. The month of June is celebrated over the world as “Scoliosis Awareness Month’ to spread awareness regarding this disabling disease...

City’s all main markets that wore a deserted look for more than two months because of the lockdown-like situation imposed on account of coronavirus, on Monday became bustling spots after the authorities eased restrictions. As the shops in markets including Itwari, Gandhibagh, Sitabuldi,. Gokulpdeth, Kamal Chowk, Jaripatka, Rameshwari, Manewada, Somalwada, Manish Nagar and Gittikhadan among others were opened, citizens were seen visiting these shopping areas. A sense of relief was reflecting on the ..

ALTHOUGH the number of corona patients in the city is decreasing, the plight of corona patients and their family members is not coming to an end. The exorbitant bills of corona patients charged by private hospitals are being audited by all municipal councils in the State along with Nagpur Municipal Corporation, but no satisfactory results are coming out. It seems that the said departments of municipal councils and private hospitals are having some vested financial interest. All India Unorganised ..

Traders all over the city heaved a sigh of relief on Monday when the Nagpur Municipal Commissioner announced much needed relaxation to the market restrictions. The traders, who are bearing the brunt of the restrictions for quite a long time, termed the move ‘satisfying’ and said it will give some breathing space to the traders from June 1. Ashwin Mehadia, President of the Nag Vidarbha Chamber of Commerce (NVCC) said the traders welcome the move and assure the municipal authorities that they would ..

APEX transporters’ body AIMTC on Monday demanded reduction in Excise Duty by the Centre and cut in value added tax by states on diesel and petrol, and warned that if their demands are not met then the road transport fraternity will have to stop its “loss-making” operation. The All India Motor Transport Congress (AIMTC) also said the government should bring diesel and petrol under the Goods and Services Tax (GST) regime so that there is a uniform rate of diesel and petrol across the country. It also ..

TO UNDERSTAND Foreign Exchange Management Act (FEMA) and various professional opportunities it offers, the Nagpur Branch of ICAI with WICASA Nagpur and Amravati Branch of ICAI and Chandrapur andWardha CPE Chapter of ICAI, conducted a study circle meet titled “Fundamentals of FEMA and Opportunities” recently. CA Sudha Bhushan, Mumbai, the expert speaker, highlighted that FEMA is a small act with minimum sections but with a bucket full of opportunities. “However only those professionals who dig deep ..

The grade 10 students of Aspire International School, Nagpur have performed exceedingly well in the IGCSE (International General Certificate of Secondary Education) examinations held in March, 2021. Aspire International School, the only school in Nagpur having International General Certificate of Secondary Education International Curriculum for grade 9 and 10, congratulated all the grade 10 students. “We wish them the very best for the future,” said the school management. Tejal Bhagat is the school ..

It seems that the housewives are not happy these days as the potato and onion prices have started moving northwards. Now they will have to shell out more cash disrupting their monthly budgets. ..

INDIA Ratings and Research (Ind-Ra) on Friday said the recovery in energy demand will continue despite COVID-19 led temporary blip. India Ratings and Research (Ind-Ra) has published the May 2021 edition of its credit news digest on India's power sector. ..

An exciting virtual trip “Around the world in 12 days” was organised by Bharat Parekh’s Academy in association with Mahavir International Service Trust from May 3 to 14 for children in the age group 5 to 12 years. It was part of the “E” Online Summer Camp 2021. The vent received overwhelming response from more than 150 children. The “E” Summer Camp which took the children on an exciting and fun filled virtual trip was designed and organised by Babita Parekh and co-ordinated by Sabina Pereira and Payal ..

Highlighting the various issues being faced by the sawmill owners in the district due to the restrictions imposed here to curb coronavirus, the Vidarbha Rural Industries Association (VRIA) on Thursday urged the district authorities to allow operations in the mills considering it as ‘essential service’. A delegation represented by Farooque Akbani, President of VRIA and Dipen Agrawal, former President of the Nag Vidarbha Chamber of Commerce (NVCC) took up the matter with Ravindra Thakare, District Collector. ..