Business

Gadkari inaugurates Suraj Eye Institute at MIHAN

      Staff Reporter  Nitin Gadkari, Union Minister inaugurated Suraj Eye Institute at MIHAN on Sunday. This institute with world-class state-of-the-art facilities is situated at plot number 6, opposite Indian Insti..

NTPC Mouda presents vehicle to charitable trust

     Business Reporter  NTPC Mouda, as a part of its CSR initiatives, provided financial assistance for the acquisition of a transport vehicle to the “Mahatme Eye Bank and Eye Hospital, Nagpur.” This vehicle ..

Bhoomipujan at Click2Cloud Mihan facility performed

     Business Reporter  Click2Cloud India, a company well known in IT field working in cloud assessments and AI technology, on Sunday performed ‘Bhoomipujan’ ceremony of its upcoming building at Mihan SEZ. Un..

Number of M&A deals in India falls 10 per cent to 793 in 2023: PwC

     Business Reporter  THE number of merger and acquisition (M&A) deals during 2023 dropped by 10 per cent on an annual basis to 793, said a PwC India report on Sunday. However, the total disclosed deal value for M&..

Suraj Eye Institute’s inauguration today

    Staff Reporter   Devendra Fadnavis, Deputy Chief Minister and Nitin Gadkari, Union Minister will inaugurate Suraj Eye Institute at MIHAN on Sunday at 11 am at plot number 6, opposite Indian Institute of Management (I..

‘Simply Desi National Co-operative Mela’ opens

    Business Reporter  ‘simply Desi National Co-operative Mela’, an exhibition of products by cooperative societies from all over the country, opened here at South Central Zone Cultural Centre (SCZCC) Nagpur, infr..

Govt tweaks rules for speedy installation of electricity connection, rooftop installation

     Business Reporter    Now getting new electricity connections will be as fast as three days in metropolitan areas, seven days in municipal areas and 15 days in rural areas, according to the latest amendment..

Brokers need to be cautious against manipulations in stock market: Sebi

     Business Reporter    SEBI Whole Time Member Kamlesh Chandra Varshney on Saturday cautioned against manipulations in the capital market and urged brokers to keep a tab and prevent such instances. Besides, he sai..

Pernod Ricard signs MoU with State Govt to set up malt spirit distillery in Butibori

The Government of Maharashtra and Pernod Ricard India, a global leader in the wine and spirits industry, on Friday signed a memorandum of understanding (MoU) to set up one of the biggest malt spirit distilleries in India, in Butibori in the district. Furthering Prime Minister Narendra Modi’s vision of ‘Make in India’, Pernod Ricard India plans an investment up to 200 M€ in the decade. The MoU was singed in presence of Maharashtra Deputy Chief Minister Devendra Fadnavis; Minister of Industries Uday ..

RC Plasto organises Singapore tour for dealers

The world’s leading tank manufacturing company, RC Plasto Tanks & Pipes Pvt. Ltd. held the ‘Plasto Dealers Family Tour’ in Singapore from February 4 to 10. The company dealers from all over the country along with their family members and new dealers participated in this event. A four-day cruise with Singapore City was organised by the company management, which was proved exciting and a center of attraction for all...

Passenger services on new 8 km stretch will start by 2025 end: Maha-Metro MD

Shravan Hardikar, Managing Director of Maharashtra Metro Rail Corporation Limited (Maha-Metro) on Wednesday said that passenger services on 8 km of new stretch will be operations by the end of 2025. He was addressing a gathering of Maha Metro Nagpur officials and employees at the 10th Foundation Day celebrations held at Metro Bhawan. Maha Metro Director (Strategic Planning) Anil Kokate; Director (Finance) Harindar Pande; Director (Project) Rajiv Tyagi were also present on the occasion. The work on ..

Dayanand Shetty to attend Suryodaya College’s event

Suryodaya College of Engineering & Technology, Vihirgaon, Nagpur will be conducting an event “Youth Tech Connect - 2024” on February 24 and 25. On February 24, a talk show will be held by the college in which Dayanand Shetty, Television serial CID fame, will take part. As a part of the event, the college will conduct various cultural and sports competitions. Number of colleges from Nagpur will be participating...

ACI says Govt’s guidelines on coaching classes will adversely affect students

President of Association of Coaching Institutes (ACI) Rajanikant Bondre on Friday said that Government’s recently guidelines for coaching classs would adversly affect the students and end up in paralyzing the otherwise smoothly operating education system in India. “ It will also lead to utter chaos which may lead to confusion and uncertainty amongst its beneficiaries viz. students and parents,” he said addressing a press conference. The central Government has recently issued guidelines to regulate ..

WCL to restart coal production in closed Sillewara AB incline mine

     Business Reporter   City-based public sector enterprise Western Coalfields Limited (WCL) on Thursday signed an agreement with a private player Xenergies Mines Private Limited (XMPL) to restart its AB Incline mi..

‘Simply Desi’ exhibition opens from today

     Business Reporter   SAHAKAR Bharati, Maharashtra Pradesh will be organising the ‘Simply Desi National Co-operative Mela’ at South Central Cultural Zone, infront of MLA Hostel, Civil Lines from Febru..

Telecom subscriber base grows marginally to 119 cr in Dec: Trai

     Business Reporter   TELECOM subscriber base in the country grew marginally to 119 crore in December 2023 on account of new subscriber addition by Reliance Jio and Bharti Airtel, according to a Trai report publi..

‘Most employers prioritise quality work over time-punching for productivity assessment’

     Business Reporter   A SIGNIFICANT percentage of recruiters believe cultivating a positive work environment and rewards and recognition are essential to boost employees’ productivity as against traditional..

Ashish NX set to dazzle customersduring upcoming wedding season

      Business Reporter  Ashish NX, the complete family store, is gearing up to be the premier shopping destination for the impending wedding season in the city and Vidarbha. Known for its one-stop shopping experie..

Entertainment segment leases 0.66 mn sq ft retail spaces last yr: CBRE

      Business Reporter   The entertainment segment, which includes cinemas and gaming zones, has taken on lease 0.66 million square feet of retail spaces in 2023 in shopping malls and high-streets across seven..

Onion prices fall by Rs 150 per quintal at Lasalgaon mandi

     Business Reporter  Onion prices on Tuesday fell by Rs 150 per quintal at Lasalgaon mandi in Nashik district of Maharashtra after the government announcement that the ban on exports of the bulb will continue till Mar..

Confidence Petroleum joins hands with BW LPG

    Business Reporter    In A significant development, one of India’s largest LPG-CNG companies, Confidence Petroleum India Ltd and Norway-listed BW LPG, a leading LPG shipping and LPG trading company, have join..

Nagpur ICAI gets prestigious award

     Business Reporter  The Nagpur Branch Institute of Chartered Accountants of India (ICAI) was recently awarded as ‘Best Branch of Western Region’ amongst 36 branches of WIRC of ICAI. The award function was..

No respite for people, garlic prices to remain at higher levels till April

      Business Reporter    There is no respite for consumers as prices of garlic are expected to remain high till the new crop arrives in the wholesale market in April. Although garlic is an essential ing..

VIA, NIPM conduct session on ‘Japanese practices of training’

      Business Reporter    The Vidarbha Industries Association (VIA) HRD Forum and NIPM Nagpur Chapter jointly conducted a session on “Business Excellence Japanese HR Way” recently at VIA, Ci..

Oxford Speakers’ Academy holds ‘Orator of the Year’ contest

     Business Reporter  SAKHI Prarthana Chandramani Patil won the title of ‘Orator of the Year – 2022’ and Mohd Owais Shahnaz Iqbal Anjum won the title of ‘Orator of the Year – 2023’ i..

Signpost India Limited hits upper circuit on listing at BSE & NSE

     Business Reporter   SIGNPOST India Limited (SIL), India’s largest Digital Out-of-Home (DOOH) company and integrated advertising media enterprise, is now listed on the Bombay Stock Exchange (BSE) and Natio..

WIPS, WCL gets ‘Best Enterprise Award’

     Business Reporter  FORUM of Women in Public Sector (WIPS), WCL was awarded the ‘Sarvotkrisht Udyam Award’ (Best Enterprise Award) in the category of Mini Ratna companies for outstanding work during the y..

‘Realty sentiment index moves upward as builders, financial institutions remain bullish’

     Business Reporter   REAL estate developers and financial institutions are bullish on their outlook for the property market for the next six months and expect the high demand to sustain its momentum, according t..

Vastuvision exhibition to end today

    Business Reporter    The Vastuvision Furniture, Home Decor & Property Exhibition, going on at Bishop Cotton Ground, Civil Lines in the city is receiving overwhelming response from the visitors. People in lar..

‘Crypto currencies haveno underlying value’

CRYPTO currencies cannot be referred to as “currencies” as they have no underlying value, a central bank official said. The Reserve Bank of India (RBI) has been critical of newage currencies like bitcoins, saying they pose systemic risk to the financial systems. “Crypto currencies cannot be called currencies as they don’t have any underlying value,”PVasudevan,anexecutive director at the RBI, said during a panel discussion organised by IIM-Kozhikode here. Ultimately itis a call that the Government ..

FIITJEE Ngp’s 3 students score over 99%ile in JEE Main 2024

WITH the JEE Main 2024 Session 1 results declared by NationalTestingAgency(NTA), India’spremier coachinginstitute for engineering entrance exams, FIITJEE, has a reason torejoice andcelebrate its students’ glorious feat. FIITJEE has been achieving unprecedented milestones year after year, owing to its glorious tradition of innovative and scientific approaches focused on unravelling the hidden potential of every student.Yet again, this year, FIITJEE outshines with its splendid result in JEE Main 2024 ..

Narendra Jichkar-organised Shiv ShahiMahotsav inaugurated with great fanfare

INAUGURATION of the Shiv Shahi Mahotsav, being organisedbyChiefofBahujanVichar Manch Narendra Jichkar, was held here with great excitement. Former Maharashtra Minister Sunil Kedar presided over the inaugural function while former Maharashtra Minister and MLC Dr Parinay Fuke inaugurated the mega eventinpresenceofchiefguest Yuvraj Jaising Raje Bhosale. OratorNitinBangudePatiland others were also present. Expressing his views on the occasion,NarendraJichkarsaid he was very eager to celebrate the birth ..

Overwhelming responseto Vastuvision exhibition

THE Vastuvision Furniture, Home Decor & Property Exhibition, going on at Bishop Cotton Ground, Civil Lines in the city is receiving overwhelming response from the visitors.Vastuvisionisthemost popular furniture,homedecor and property exhibition in Central India. It will remain opentillFebruary19.Associate sponsored for this exhibition is M/s Nirmay Infratech...

City-based Trust Fintech Ltdfiles DRHP with NSE Emerge

TRUST Fintech Limited (TFL), aleading provider of Saa Sproduct-focused fintech software solutions, on Saturday announcedthefilingofitsDraft Red Herring Prospectus (DRHP) with NSE Emerge.The company’s initial public offering comprises a freshissuance of62,82,000EquityShares,each with a face value of Rs 10. The company has designated Corporate Capital Ventures as Book Running Lead Manager to the Issue, and Bigshare Services Private Limited is the Registrar.TrustFintechis from the MSMEx SME IPO Cohort ..

Alexis now Max Super Speciality Hospital post acquisition by Max Healthcare

       Business Reporter   Max Healthcare Institute Ltd, one of India’s largest private healthcare provider, on Friday announced the successful acquisition of Alexis Multi Speciality Hospital. Follo..

GST Customs and Central Excise SC, ST and OBC Employees Welfare Assn elects new body

      Business Reporter   The GST Customs and Central Excise SC, ST and OBC Employees Welfare Association, Nagpur, convened its annual general body meeting recently at GST Bhawan, Civil Lines, Nagpur. In the me..

‘Young Indians take to SIP on financial literacy’

      Business Reporter   EASE of transactions through the digital mode, rising disposable incomes and increased financial literacy are prompting young Indians to venture into mutual funds’ Systematic Inv..

Four-day Vastuvision furniture, home decor & property exhibition begins

     Business Reporter   The Vastuvision Furniture, Home Decor & Property Exhibition opened its doors for the visitors on Friday at Bishop Cotton Ground, Civil Lines in the city. The four-day mega expo will rema..

SMHRC rolls out mobile clinic

     Business Reporter  in a recent philanthropic initiative on Sameer Meghe’s birthday, MLA for Hingna Constituency, SMHRC, in collaboration with Jeevan Aadhar Sanstha, launched ‘Doctor on Wheels’ or ..

Govt forms panel to draft guidelines on issue of unsolicited calls

     Business Reporter   The Government on Thursday said it has formed a committee to draft guidelines to address the issue of pesky/promotional or unsolicited calls received by consumers as it violates their privac..

Casa Interio offers attractiveand affordable furniture

     Business Reporter  A new furniture showroom has opened up recently at Besa Manish Nagar Road in the name of Casa Interio. The new showroom offers a wide range of furniture including sofa set, dining table, TV unit, ..

MTDC announces 50% discount for women travellers from Mar 1 to 8

     Business Reporter  to Mark the occasion of International Women’s Day, Maharashtra Tourism Development Corporation (MTDC) has come out with attractive offer for women. The State tourism department announced 50..

ICADIANS shine again in JEE Main 2024 Phase–1

      Business Reporter  RESULTS for the first session of JEE Main 2024 (January attempt) have just been released. Two ICADians crossed 99.9 percentile, which in itself a challenging result of 2024. This year total ..

Mother’s Pet Kindergarten to conductadmission orientation programme on 17th

     Business Reporter  CHOOSING the right kindergarten set’s the foundation for emotional, academic and social development among young learners. No discussion on early child education is complete without mentionin..

A K Gandhi TVS declares lucky draw winner

     Business Reporter  A K GANDHI TVS dealership in Nagpur, has announced the lucky draw winner of its unique ‘Lucky Draw Offer’ on Wednesday. Vishnudas Hatwae was declared the winner and got the TVS vehicl..

Neelkrishna of Allen Nagpur achieved perfect score

     Business Reporter   THE National Testing Agency has released the result of the January session of JEE-Main 2024, the country’s biggest engineering entrance exam. This time also the students of Allen Nagpu..

MOIL Tigerman Triathlon 2024 wraps up with resounding success

The MOIL Tigerman Triathlon 2024, the largest triathlon event in India, culminated in a celebration of achievement of winners and participants of various categories on Sunday at the MOIL head office here in the city. The presence of esteemed dignitaries like Ajit Kumar Saxena, CMD MOIL; Jai Prkash Dwivedi, CMD WCL; Indra Dev Narayan, CMD MECL; added to the grandeur of the occasion. They were accompanied by Rakesh Tumane, Director (Finance); Usha Singh, Director (HR), M M Abdulla, Director (Production ..

AACCI fetes Sanjeev Pendharkar

Sanjeev Gajanan Pendharkar, Director, Vicco Laboratore was invited as guest of honour by the Asian African Chamber of Commerce and Industry (AACCI) Mumbai on Saturday. The office-bearers of the chamber welcomed Sanjeev Pendharkar, a distinguished figure, to share valuable insights on the steps taken by the Government to fortify the Micro, Small, and Medium Enterprises (MSME) sector...

Sahakar Panel makes clean sweep in NAFCUB elections

In a recently held elections of the National Federation of Urban Cooperative Banks and Credit Societies Ltd. (NAFCUB), the ‘Sahakar Panel’ led by the outgoing President Jyotindra Mehta and H K Patil has made a clean sweep. The voting was held for seven seats and all won by the candidates backed by the Mehta-Patil panel. The winners were Gianchand Garg, Chalasani Rao, Milind Kale, Gautan Vyas, K Kalappa, A M Hindasgeri and Kanjibhai Bhalala. Earlier, out of total 19 seats, 12 members of the panel were ..

Ranjeet Agarwal to lead ICAI

CA Ranjeet Kumar Agarwal has been elected the new President of the Institute of Chartered Accountants of India (ICAI) for the council year 2024-25 while CA Charanjot Singh Nanda, has been elected as Vice-President of the institute. Agarwal, who graduated from Calcutta University, is a practicing Chartered Accountant since last 24 years. Agarwal is the 72nd President of ICAI and served as Vice President in 2023-24...