Bussiness

Affordable housing driving growth in real estate: Khare

HIGHLIGHTING that the real estate sector is witnessing a sharp rise in demand for households, Sachin Khare, Director of Shree Constructions, on Friday said that the recent rise is driven by extraordinary demand for affordable housing. Interacting with The Hitavada, Khare said that in the changed scenario, large number of home seekers are showing interest in affordable household. “After a lull, we are now on the track of recovery where home buyers who were on the back foot for quite long ..

COSIA to hold webinar on ‘Debt Restructuring & OTS’ today

  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 ..

‘Festival of Electronics’ sale is back at Reliance Digital

Reliance Digital is back with the ‘Festival of Electronics’ featuring bigger and better offers. Customers can enjoy unbeatable deals on the widest range of electronics and even avail a 10 per cent cashback* on HDFC Bank Debit Cards, Credit Cards and EasyEMI at Reliance Digital, My Jio Store and online. Those shopping at the stores can avail upto Rs 2500 cashback* on Citibank Credit / Debit Cards and Consumer Durables loans from IDFC First Bank. Those shopping online at www.reliancedigital.in ..

Good response to ‘Happy Customers’ campaign launched by Rokade Jewellers

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 ..

ReshimBandh Vivaha Sanstha offers discount

On the occasion of special Muhurat of Navratri, Maharashtra’s leading and renowned vivaha sanstha - ReshimBandh - is offering a special discount for matrimonial candidates on registration between October 17 and 25...

Mahindra & Mahindra launches all new THAR at Provincial Automobile

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...

FirstCry.com opens city’s first outlet in Ramdaspeth

FirstCry.com opened its first outlet in the city here at Ramdaspeth on Thursday. The new outlet was inaugurated by Union Minister for Road Transport and Highways Nitin Gadkari at a glittering ceremony. The new store located in Ramdaspeth is spread across an area of 2,400 square feet. The store houses more than 500 brands across 14 categories...

India needs reforms to become Asian Tiger: Experts

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..

Morarjee Textiles’s sale till Oct 28

Morarjee Textiles, known for its 100 per cent cotton readymade shirt and quality, and its affordable price, is offering customers a memorable makeover with its exclusive factory sale. The sale is only till October 28. The sale is known for a vast range of clothing and accessories...

IMT Nagpur to host faculty development programme

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...

Suzuki Motorcycles introduces ‘Festive Dhamaka’ offer

SUZUKI Motorcycles wishes all its customer a happy festivity time. On the occasion, Suzuki is offering various schemes for the customers in the ‘Festive Dhamaka’ offer. There is a bumper prize of 3 Maruti Suzuki Swift cars in the lucky draw on purchase of any Suzuki two-wheeler. There is also an opportunity to win 1 gram gold coins and..

Rai Udyog Ltd’s ‘Rai Galaxy II’ getting overwhelming response

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..

Ashwin Mehadia re-elected as President of NVCC

THE 76th annual general meeting (AGM) of the Nag Vidarbha Chamber of Commerce (NVCC) was held at Naivedhyam Northstar, Plot No 116, Chhindwara Road / Saoner Road, village Nanda, opposite Nanda Bus Stop, Koradi, Nagpur on October 21. In the meeting, the members re-elected unopposed Ashwin Mehadia as President of NVCC,..

E-tailing to become $200-bn opportunity by 2025: Report

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 ..

‘Indexed renewable energy tariffs can save up to Rs 21,880 cr for discoms’

INDEXED (inflation linked) renewable energy tariffs can save India’s discoms up to Rs 21,880 crore over next five years, a joint study by IEEFA and CEF said. Inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector and help India move away from coal-fired power, a joint briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and CEEW-Centre for Energy Finance (CEF) said. Zero indexation ..

Stakeholders discuss CoE for aviation indigenization

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..

General insurance employees stage demo

As per directives of Joint Forum of Unions and Associations in public sector general insurance companies (PSGI) consisting of 13 unions/associations, on Tuesday during lunch hour demonstrations were held at all the centers in the country w..

Oil companies to launch OTP-based delivery of LPG cylinders from Nov 1

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...

VIA to conduct webinar on solar installation today

The MSME Forum of Vidarbha Industries Association (VIA) wil conduct a webinar on “Opportunity to industries for installation of solar generation in-light of new regulation of MERC” on October 21 at 5:00 pm on zoom. R B Goenka, Vice President - VIA and Director of R K Engg Services, will be the keynote speaker. Dr Vivek Bhore, a senior solar energy project consultant, will also express his views on the occasion...

Insurance claims related to COVID-19 treatment rise in September

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 ..

Aditya Tata Cars launches Nexon EV

Aditya Tata Cars launched the Nexon EV - India’s very own electric SUV on Monday in a glittering ceremony at its Dhantoli showroom. The unveiling of Nexon Electric Vehicle (EV) was done at the hands of V S Sirpurkar, Justice Supreme Court (Retd). The company officials, dignitaries from various fields includsing insurance companies, finance companies, financiers and exchangers also attended the ceremony. Tata Motors is among the first to develop electric vehicles in India. This SUV is 100% environment ..

Direct selling should be governed by Commerce Ministry: Traders to Goyal

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...

Luxury flats at economical prices in First City

One of the prestigious residential projects outside SEZ notified area of MIHAN, First City offers incomparable luxury apartments at economical prices. In the proximity of IT-giants like TCS, Wipro and HCL and companies like Lupin etc. the project is a secure gated community ideal for luxe living. Away from the city’s commotion yet conveniently accessible – First City - is an ideal residential location for professionals and executives working in the same space or the are..

Mehadia Sales is authorised distributor for Atomberg Fans

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...

Investment for all-India 5G rollout seen at Rs 1.3-2.3 lakh cr: Report

Investments in key components of 5G network on mid or low-band spectrum with pan-India coverage is estimated to be about Rs 1.3-2.3 lakh crore, according to a report by Motilal Oswal Financial Services. The total capital expenditure or capex requirement when it comes to 5G rollout for Mumbai alone is seen at Rs 10,000 crore, and Rs 8,700 crore for Delhi, it said. According to the telecom report from Motilal Oswal Financial Services, for mid ba..

‘CAs need to study facts relating to Income Tax cases’

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 ..

Allen Nagpur students secure city’s top 3 ranks in NEET 2020

Results of NEET were released on Friday wherein ALLEN Career Institute has once again set new dimensions of success with the outstanding results. For the first time in the history of NEET, Soyeb Aftab, an ALLEN classroom student, has created a record by scoring the perfect score of 720 out of 720, with an All India Rank-1. Apart from this, students of ALLEN Career Institute Nagpur have also proved their excellence in the very first year with the NEET 2020 result...

NVCC’s AGM on Oct 21

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...

VIALEW to hold fashion show today

The lady Entrepreneurs Wing of Vidarbha Industries Association (VIALEW) will conduct ‘The New Normal Khadi Fashion Show 2020’ on October 19 from 4.00 pm on zoom. For the past three years, the wing is promoting “Khadi” and organising the fashion show on various theme, which is getting tremendous response from participants. Dr C P Kapse, Divisional Director, Khadi and Village Industries Commission (KVIC), Nagpur will inaugura..

Fitch expects oil cos’ marketing and refining volume to fall in FY21

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 ..

Navratri Car Care Camp at Ketan Hyundai

Ketan Hyundai is all set to start Navratri Car Care Camp from October 14 to 22. The event is being organised to celebrate the festival of Navratri. To mark the nine-day festival, Ketan Hyundai will offer nine special offers. All safety measures will be followed that will include masks, gloves, sanitizer, social distancing and workshop sanitization. ..

VIA to hold session today

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...

First Cochlear implant surgery in Nagpur done at Nelson Hospital

Nelson Mother & Child Care Hospital in association with Rashtriya Bhal Suraksha Karyakram (RBSK) Nagpur, did the first Cochlear Implant surgery in Nagpur under RBSK scheme with expert team of surgeons at Nelson Hospital. ..

Health Minister lauds CIL’s initiative in treatment of Thalassemia patients

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. ..

‘New Labour Codes need careful study’

The HRD Forum of Vidarbha Industries Association (VIA) recently organised a panel discussion on “New Three Labour Codes” on zoom. Chander Uday Singh, Senior Adv. Supreme Court; Dr Vivek Monteiro, President – Mumbai Sharmik Sangh (CITU) and Dr R Krisha Murthy, Senior Management Consultant & Head Mohan Das & Associates shared their views on the occasion. ..

‘Need separate policy for fisheries sector’

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 ..

Navratri festive collection at Gaysons

GAYSONS has launched its much awaited ‘Navratri Collection’ with fresh stocks being added for the fashion enthusiasts. Nagpur’s favourite shopping destination is now open on all days and is taking all necessary precautions for the safety of its customers. The store is being completely sanitised on a regular basis and mask and temperature check measures are being followed w..

Eros Hyundai launches ‘Navratri Car Care Camp’ with nine special schemes

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..

Overwhelming response to Girisons Bombay Dyeing ‘Buy 2 get 2 free’ offer

The on going offer at Girisons upto 50% discount is receiving an excellent response from the customers. Girisons – the largest bed and bath showroom in Nagpur city is housing all major brands under one roof such as Bombay Dyeing, Raymond, Trident and Boutique Living. All brands are having the entire range and products displayed at the Girisons store. With over a 1,000 designs in bedsheets, bedcovers, comforters, quilts and blankets and more than 100 shad..

CII’s session on ‘Biomedical waste management during COVID-19 pandemic’ on 17th

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...

‘TCS will be an additional compliance burden for assessees’

With the introduction of Section 206 C(1H) from October 1, 2020, every person being a seller, who receives any amount as consideration for sale of any goods of the value or aggregate of such value exceeding Rs 50 lakh in any previous year, other than the goods being exported out of India will have at the time of receipt of such amount collect from the buyer, a sum equal to 0.1% of the sale consideration (0.075% upto March 31, 2021) exceedi..

AIAMA expects 30 pc growth in incense stick consumption this festive season

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..

SSBL provides group insurance to employees

Shikshak Sahakari Bank Limited (SSBL) during the current coronavirus pandemic has decided to provide life insurance policy coverage to its employees and meet the financial needs of their families. The Board of Directors of the bank have decided to purchase LIC group insurance policy for its employees. The policy will provide risk cover and safety net to the families of the bank employees in case of death due to COVID-19. The steps taken by the bank for the safety ..

TiE Nagpur’s session on ‘Business Resilience’ on 16th

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..

‘Govt should notify e-pharmacy rules’

THE Government should finalise and notify e-pharmacy rules immediately as the regulatory uncertainty dampens growth and new investment in the sector, according to the experts. Panellists on the discussion also said there remains ambiguity on the legality of marketplaces. They were participating in a discussion on ‘e-Pharmacy: Digitally Empowering Consumers and Small Businesses’ organised by the Internet and Mobile Association of India (IAMAI)...

‘BPCL privatization on track’

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 ..

7th Indo-China round runs into 12 hrs

THE seventh round of military talks between India and China was “positive and constructive,” and both sides agreed to earnestly implement the understanding reached by their leaders to not turn differences into disputes, a joint statement by the two armies said on Tuesday. The two sides deliberated on ways to disengage from various friction points in eastern Ladakh during the nearly 12-hour-long talks in Chushul on the Indian side of the Line of Actual Control (LAC..

Arms, ammo recovered in J&K’s border town

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...

Navratri Car Care Camp at Bigwig Hyundai Bigwig

Hyundai is all set to start Navratri Car Care Camp from October 14 to 22. The event is being organised to celebrate the festival of Navratri. To mark the nine-day festival, Bigwig Hyundai will offer nine special offers. All safety measures will be followed that will include masks, gloves, sanitizer, social distancing and workshop sanitization. The main attraction of the camp will be attractive discount available for the customers. In addition to this, pick up and drop facility will also be provided. ..

Deal efficiently with standards on auditing: CA Kalyani

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..

Traders see growth in business during Diwali

The Confederation of All India Traders (CAIT) has lauded the stimulus announcement by Union Finance Minister Nirmala Sitharaman for boosting purchasing power of the Government employees. CAIT said that with such a stimulus package the forthcoming Diwali season is going to boost the domestic demands and will contribute significantly to the rotation of money in cash starved markets of the country...

‘Remote teaching job search grows 212% in March-August’

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...

Container shortage may hamper rice exports from Vid

Exporters are facing huge container shortage and rising freight rates which may hamper non-Basmati rice exports from Vidarbha. There is a huge pile up of loaded rice in containers at CONCOR-MIHAN and DLI freight terminal, Borkhedi. Containers are not being railed out to the Jawaharlal Nehru Port Trust (JNPT), Mumbai. This is because of lack of space on ships. Shipping lines blame the trade imbalance to be the main reason for the situation...

Maruti Suzuki Brezza Limited Edition at Arun Motors

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...

Gaikwad-Patil Group starts ‘Covidalaya’

Adding one more feather to its cap Gaikwad-Patil Group has ventured into IGPA Hospital and Research Center’s ‘Covidalaya.’ With an intention to sever mankind this humble beginning was initiated by the Group Chairman Dr Mohan Gaikwad-Patil. A team of well qualified and experienced doctors are associated with this research center. Gaikwad-Patil Group of institutions always strive for excellence, keeping this trend alive a team of well-established administrative staff under the guidance of Dr Ashish ..

CAIT introduces sanitisation kit for traders

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 ..

Dr Todkar’s Sanjeevani Naturopathy Centre in city

The renowned naturopathy specialist doctor Swagat Todkar’s Sanjeevani Naturopathy Centre has opened at Shivshankar Ayurvedic Agency Mahajan Temple Bazar Road Market Sitabuildi, Nagpur. Doctor Atul Telranghe (B.A.M.S) and Dr Parul Gupta (B.A.M.S), are available for the patients consultation and guidance. Interested persons can take advantage by contacting at the centre on appointment, (0712-2567747, 2536077). ..

VIA’s session for farmers today

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 ..

Hiring activities improve by 24 pc in Sept: Report

With life returning to normalcy gradually, hiring activities grew 24 per cent in September as compared to the previous month mostly driven by pharmaceuticals and education sectors, according to a report. At 1,755 job postings, there was an improvement of 24 per cent in hiring activities last month compared to August with 1,413 listings, according to the Naukri JobSpeak Index for September 2020. The Naukri JobSpeak is a monthly index that calculates and records hiring activities based on the job listings ..

‘Saree Sale Mahotsav’ at Jee Hazoor showroom

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...

Ashish Constructions offers luxurious flats in Bajaj Nagar

Ashish Constructions, well known name in construction industry since 2005, is now offering one more opportunity to buy best flat at prime location of the city. ‘Prajakta Ikebana’ is a scheme of 3 BHK luxurious road facing flats at posh locality of Bajaj Nagar opposite VNIT Gate Nagpur. ‘Prajakta Ikebana’ is a designer project having tastefully designed 3 BHK flats by the best designers of construction industry. The project has specially designed lobbies on each floor...

‘Homework and planning must for doing biz’

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 ..

Regularise power supply during festival season: NVCC to MSEDCL

A delegation led by Farooque Akbani, Vice-President of Nag Vidarbha Chamber of Commerce (NVCC) met Dilip Dodke, Chief Engineer of MSEDCL, Amit Paranjpe, Superintendent Engineer (City), Narayan Amzare, Superintendent Engineer (Rural). The delegation gave memorandum to the MSEDCL officials and demanded to supply regular electricity to city and rural areas. Akbani said, for the last six months due CORONA-19 lockdown, traders are suffered huge financial losses. Government had given permission to traders ..

Irdai panel for lower entry-level capital for micro-insurance cos

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 ..

Experts believe its ideal time to buy property

At a time when clouds of uncertainty are looming large over the markets and many business activities are witnessing a slowdown, it seems that the realty sector is defying the current trend. The sector that was passing through a tough phase for quite long, is now witnessing a sense of revival. With some crucial factors falling in place, the realty sector has changed a lot opening up great opportunities for the home buyers. Market experts said that the reduced Stamp Duty on properties, extended ..

Shree Shivam ‘Silk Utsav’ getting good response

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 ..

Achal Gandhi is Regional Director of FADA, Vid Region

   The Federation of Automobile Dealers Associations (FADA) has appointed Achal Gandhi of A K Gandhi, dealer for TVS 2-Wheelers as Vidarbha Regional Director for the year 2020-22. He will work as a part of Maharashtra team to provide suggestions on the auto policy, taxation, vehicle registration procedure, road safety, clean environment etc., to sustain the growth of the automobile retail trade in India. ..

Govt launches website to support R-D in coal sector

  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 ..

TiE Nagpur’s session today

   TiE Nagpur, in continuation of its initiative under the Associate Member ‘Knowledge Sharing Series’ will be organising a session on the topic ‘Key skills for successful leaders’ on October 10 between 11 am and 12 noon. This will be an interactive session, where Sachin Dhakate, Founder, Wisemindz Ventures will be in conversation with the speakers and panellists Saroj Panda, GM TCS Nagpur, CA Swati Thakkar, Treasurer TiE Nagpur and CA Girish Deodhar, Senior ..

MG Motor India launches new SUV MG GLOSTER

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 ..

‘Tourism going to be next growth driver for India’

THE tourism sector is going to be the next growth driver for India but to achieve that, it needs to survive the impact of the COVID-19 pandemic and revive, the Federation of Associations in Indian Tourism and Hospitality (FAITH) said on Thursday. Currently, each vertical of the tourism industry is under deep stress, it added. “Our first goal is to move India into the top-20 ranks in global tourism competitiveness in 5 years post COVID-19 and then ..

Garlic prices climb up as supply trims

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...

VED’s webinar on ‘Opportunities and challenges in fisheries’ on 11th

THE Vidarbha Economic Development Council (VED) will be holding a free webinar for the public on ‘Opportunities and challenges in fisheries’ in Vidarbha on October 11 at 5 pm. The programme is under VED’s initiative in the Agro & Allied Services Forum with Pankaj Mahajan as the Chairman. In Vidarbha there are numerous water-bodies with several of them perennial, so fisheries can be big business. The eminent panellists would ..

Bring down Mandi Cess to 0.35 per cent: Motwani

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...

Toyota Urban Cruiser display at Patni Toyota

THE all-new Urban Cruiser will feature the new powerful K-Series 1.5 litre four-cylinder petrol engine and will be available in a choice of manual transmission (MT) and automatic transmission (AT) with a superior fuel efficiency of 17.03 kmpl and 18.76 kmpl respectively. The compact SUV offers all the high-end features that customers today seek in their cars. Moreover, it offers an early entry into the Toyota SUV family for the young and comes with Toyota’s famed global standards of sales and after-sales ..

Three-day service camp at Kusumgar showroom

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...

‘42 pc travellers ready for a trip again’

WITH movement is slowly becoming normal, the confidence in air travel has also grown as around 42 per cent of recent travellers said they had a comfortable in-flight experience and are ready to travel again, according to a survey...

Discussion on ‘New Three Labour Codes’ at VIA on October 11

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. ..

Need to stop large-scale dumping of garbage in MIDC Hingna: MIA

Large-scale dumping of garbage reveals the sorry state of affairs with regards to cleanliness in many areas inside MIDC Hingna Industrial Area. “The Government should look into the garbage dumping menace as it poses a health hazard especially during the current COVID-19 crisis,” said C G Shegaonkar, President of MIDC Industries Association Hingna (MIA). He further said, “Inspite of several follow ups and discussions with concerned stakeholders, this situation ..

New lot of American-origin Sig-Sauer assault rifles to be for troops deployed on China border

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...

RCOEM launches new programmes in emerging areas

keeping in view the future, Shri Ramdeobaba College of Engineering and Management (RCOEM) has introduced 5 new programmes in the field of emerging areas. They include B.E in Computer Science and Engineering (CSE) (Data Science), B.E in CSE (Cyber Security), B.E in CSE (Artificial Intelligence and Machine Learning), B.E in Biomedical Engineering and M.Tech in Robotics and Automation. Data Science: Data science is all about making sense of data and presenting it for effective decision making. With Google, ..

FIITJEE Nagpur student Araj Khandelwal is 3rd city topper

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...

GHRTBIF’s ‘IDEATE - From Idea To A Growing Business’ on Oct 15

G H Raisoni Technology Business Incubator Foundation, Nagpur (GHRTBIF), an initiative of G H Raisoni College of Engineering, has announced an opportunity for aspiring entrepreneurs, startups under “IDEATE- From Idea To a Growing Business” on October 15. A pitch deck presentation for incubation support will be conducted through online mode. Entrepreneurs having a great innovative idea with real business potential who are willing to t..

BMS to hold nationwide protest against anti-worker provisions in labour codes

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..

Dal, rice and oil mills included in PSI 2019

Giving a great relief and boost to the dal mills, rice mills and oil mills of Maharashtra State, the Government recently announced to include them in Package Scheme of Incentives (PSI) 2019 and extend them all the benefits. Chamber of Small Industry Associations (COSIA) took initiative and played a major role in the inclusion of these industries in the PSI 2019...

3 Allen Nagpur students in top 150 JEE-Advance 2020

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. ..

BoI employees strike successful: Union

In Bank of India, all over the country, more than 21,000 comrades of the union AIBEA went on strike in persuasion of their demands pending with top management since more than a year. The strike call was given by the Federation of Bank of India Staff Unions last year in the month of October 2019 and in the conciliation meeting held before the labour commissioners the management of Bank of India agreed that they will settle the issues amicably and bilaterally, Thus they bought time and befooled the ..

‘Lower gas prices to benefit urea producers’

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 ..

‘Govt should promote digital payments’

The Reserve Bank of India (RBI) in the reply to CAIT hinted that the currency notes could be carriers of bacteria and viruses including COVID-19 and therefore Government should promote digital payments to avoid handling of currency. CAIT which is highly vocal and active on this issue since more than a year wrote a letter to the Union Finance Minister Nirmala Sithraman on March 9, 2020 asking her to clarify, whether the currency notes are the carriers of bacteria and viruses or not which was forwarded ..

Govt should bail out hotel owners: NRHA

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 ..

Travel agents seek full cash refunds for cancelled flights

TRAVEL agents apex body TAAI recently said, it needs total cash refunds from the airlines for the cancelled flights, saying both the community members and the customers are struggling with liquidity issues. The statement comes against the backdrop of the Supreme Court order directing refund of air tickets for travel during the COVID-19 lockdown period from March 25 to May 24. The Travel Agents Association of India (TAAI) in the statement said that while it respects the order but feels that it is a ..

CEOs indicate business sentiment revival: CII

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 ..

Regional rural banks incur net loss of Rs 2,206 cr in FY20

Regional rural banks (RRBs) as a group reported net loss of Rs 2,206 crore in the fiscal year ended March 31, 2020, as against Rs 652-crore net loss in FY19, according to data published by Nabard. During FY 2019-20, 26 RRBs earned profit of Rs 2,203 crore, while 19 incurred losses of Rs 4,409 crore, the data showed. The data on RRBs, recently published by the National Bank for Agriculture and Rural Development (Nabard), is based on the data uploaded by the RRBs in the Ensure portal...

Anniversary offers at Dass Jewellers, Impressa Rise, Shivaji Nagar

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. ..

Last 3 days of Paithani Mahotsav at Satish Saree Stores and Saree Niketan

Central India’s fashion terminus Satish Saree Stores and Saree Niketan are celebrating the ‘Paithani Mahotsav’ which is a paradise for all the women in town. ..

CAIT launches nation-wide campaign ‘Vyapar

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 ..

MG Motor India launches ZS EV in Nagpur

MG (Morris Garages) Motor India on Thursday launched the pure electric internet SUV - MG ZS in Nagpur, MG ZS EV at an inaugural price of Rs 20.88 lakhs (ex-showroom). Now the new age super SUV is also being embraced at Nagpur showroom by the owner of Nangia Cars Akshit Nangia and Abhimanyu Nangia at Nangia Cars, Plot No. 33B, MIDC, Hingna, Nagpur, (Mob: 7775022000). ..

CA Dr Girish Ahuja’s session on October 5

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. ..

Nelson Mother & Child Care Hospital providing treatment for COVID-19

Nelson Mother & Child Care Hospital located in Dantholi has opened a Covid ward with 30 dedicated beds for COVID-19 positive mother and child in Nagpur. There are 15 beds dedicated to the positive gynac patients for delivery and 15 beds for the pediatrics and the neonatals who are found Covid positive. “We have a dedicated team of Gynecologists who will take care of the expecting mothers and a separate team to take care of the Covid positive pediatric and the newborn babies,” said Dr Sonalkumar ..

‘Work from home culture needs codified policy’

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 ..