There also are special prices for special variants in Xcent and while Xcent Prime is available with factory-fitted CNG, Grand i10 NIOS, Venue, and Elantra are available with assured early deliveries Business Bureau : The celebration is unstoppable at the authorised Hyundai showrooms in Nagpur, namely Bigwig Hyundai, Ketan Hyundai and Eros Hyundai, as Hyundai India has added joy to the festivities by introducing exciting benefits on Hyundai cars, known for their lowest cost of maintenance...

This year the production of soyabean has drastically come down due to which the prices are expected to shoot up in the market. “It is anticipated that the prices of soyabean will surge this year due to short supply and good demand. It is estimated that there is a drop in production of about 20 per cent to 25 per cent as compared to previous years production,” said Ashwin Jethani, Director of A D Commodities, Itwari while speaking to The Hitavada. He said that most traders are expecting the prices ..

The Home Textile Exporters’ Welfare Association (HEWA) has sought Prime Minister Narendra Modi’s intervention for release of pending dues under the RoSCTL, a taxes and levies rebate scheme. In March, the Government had announced the Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups (RoSCTL) scheme which provides rebate on all embedded taxes on exports, but HEWA claims exporters are yet to receive the refunds from this scheme which are pending since last eight months. ..

While millennials, who have been driving credit demand by a large margin in the past two years, in what can potentially raise concerns for lenders, most of them have been taking the riskier unsecured loans, warns a report. The number of millennials, - those born after 1980 - opting for a new loan grew 58 per cent as against a 14 per cent growth in the non-millennial segment, a study by credit bureau TransUnion- Cibil said on Tuesday...

Baidyanath Life Sciences is introducing detoxification programme to naturally cleanse the system. One can avail free consultation from the expert Vaidyas till November 30. Detoxification programme includes various Panchkarma therapies like Basti, Nasya, Shirodhara, Vaman, Virechan, Snehan Swedan. These treatments are carried by highly trained therapists under the doctor’s supervision. Timings of the programme is from 8 am to 8 pm (Mon-Sat) and 8 am to 6 pm on Sunday...

He is a person who believes that financial planning is one of the most essential components for the success of any business. Vaibhav Agrawal, Director of Vaibhav Plasto Printing and Packaging Pvt Ltd said, “We are planning to expand in a big way by setting up a new unit with an investment of Rs 455 crore at Butibori MIDC. When ready, the new unit will generate employment for more than 2,000 workers. The company has recently purchased 22 acres of land for the new unit and we are in the process of starting ..

“India enjoys demographic dividend and our young population is capable of taking the country to new heights”, Om Birla, Speaker of Lok Sabha told the graduating students at the 15th Annual Convocation of Kalinga Institute of Industrial Technology (KIIT) Deemed to be University, Bhubaneswar recently. Bachelors, Masters and Ph. D. degrees were awarded to 6578 students of 2018 – 19 graduating batch at the annual convocation, which was also graced by Dr Surjya Narayana Patro, Speaker, Odisha Legislative ..

THE Government on Monday gave sugar mills three months more till December to export the last year’s balance quota of the sweetener. Mills were able to export about 3.8 million tonne of sugar during the 2018-19 marketing year (Oct-Sept) due to depressed market conditions, against the target of 5 million tonne under the Minimum Indicative Export Quota (MIEQ) scheme...

Icra Ratings on Monday said it has a negative outlook for the domestic auto dealership sector due to decline in credit profile of industry participants amid slowing sales and high working capital debt. The on-going downturn in the automotive industry has severely impacted the profitability of automobile dealerships which is expected to be at a five year low, Icra said in a statement. “OEMs (original equipment manufacturers), as well as their dealers are providing hefty discounts to clear up dealership ..

Thermal coal imports declined by 17.69 per cent to 51.10 million tonnes at the country’s top 12 major ports during April-October this fiscal, latest Indian Ports Association report has said. The Centre-owned ports had handled 62.08 MT of the thermal coal in the same period previous year. The Indian Ports Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report said “percentage variation from previous year” in thermal coal handling was at 17.69 per cent. ..

Vidarbha Plywood Merchant’s Association (VPMA) organised Diwali Milan recently here in the city with great fanfare. The event was held at Maharaj Bagh Club Lawn, Giripeth, Amravati Road, Nagpur where members of the association, their families and guests participated. ..

THE business community across the country is fully geared up to launch an aggressive nationwide agitation against Amazon, Flipkart and other e-commerce companies which are indulging in circumventing the law and abusing Press Note No. 2 of FDI Policy of the Government. On this, Confederation of All India Traders (CAIT) organised a National Traders Conference which was attended by trade leaders of 27 States of the country at New Delhi on Sunday. ..

Ever year Diwali Milan programme is organised by Butibori Manufacturer’s Association where in large number of industry owners and senior Government officials interact with each other in an informal environment. This year too, the association celebrated the event here on Wednesday with great zeal and joy. Nitin Lonkar, President of BMA; and CA Milind Kanade, Secretary of BMA, extended warm welcome to the dignitaries present on the occasion. Speaking at the event Krupal Tumane, Member of Parliament ..

THE bhumipoojan of Agrovision, a national-level agricultural exhibition, workshop and conference that will commence from November 22, was performed here at Reshimbagh ground on Saturday at the hands of Mayor Nanda Jichkar. Also present on the occasion were former MLA Dr Milind Mane, Chetna Tak, Girish Deshmukh, Sandhyatai Gotmare, Avinash Thakre, Ramesh Chopde, Sanjay Tekade, Sharad Donekar, Ramesh Mankar and Ravi Boratkar, both organising secretaries, Dr C D Mayee, President Advisory Committee of ..

Post pregnancy women’s body loose half of body’s calcium and if it is not recovered within six months, as per World Health Organisation they may suffer back pain, body pain, spondylitis, blood pressure, bone problems, depression, hypertension, thyroid or even breast cancer. World’s Best Dryfruits is making calcium laddu for the last 22 years with only natural ingredients like almonds, dates, figs, gum, pure ghee for vitamin B12 and traditional 32 herbs like kamarkas, sonth, safed musli etc. World’s ..

The government may impose a provisional safeguard duty of 25 per cent on imports of single-mode optical fibre, used for signal transmission, based on a Commerce Ministry investigation that found a sudden and significant surge in the imports of the fibre. The Directorate General of Trade Remedies (DGTR) , the ministry's investigation arm, initiated the probe in September following a complaint from the domestic industry. The preliminary findings concluded that the product is being imported in increased ..

BRICK-AND-MORTAR retailers recently claimed that their businesses have been hit by predatory pricing and deep discounting by the e-commerce companies and sought a level playing field with them. They urged small traders and kirana stores to embrace technology and improve consumers connect. “We are not calling for a law or a ceiling on minimum price that can be charged. But there is a need for a level playing field between offline retailers and e-tailers,” Retailers Association of India (RAI) Chairman ..

 PRICES of gold on Friday declined Rs 196 to Rs 38,706 per 10 gram in the national capital amid a subdued global trend, according to HDFC Securities.On Thursday, the precious metal closed at Rs 38,902 per 10 gram.In tandem with a weak trend in gold, silver prices also tumbled Rs 956 to Rs 45,498 per kg from Rs 46,454 per kg in the previous trade.“Spot gold prices for 24 Karat in Delhi were trading Rs 196 down with overnight decline in global gold prices. However, the downside was limited ..

EICHER Motors on Friday posted 4.36 per cent increase in its consolidated net profit at Rs 572.69 crore for the second quarter ended September 30, 2019. The company, which sells motorcycles under the Royal Enfield brand, had reported a net profit of Rs 548.76 crore in the July-September period of 2018-19.Total revenue from operations, however, declined to Rs 2,192.47 crore for the second quarter as compared with Rs 2,408.17 crore in the same period of the previous fiscal, Eicher Motors said in a regulatory ..

 IN A bid to ensure quality scrap for the steel industry, the government on Friday came out with a Steel Scrap Recycling Policy that aims to reduce imports, conserve resources and save energy.The country’s steel scrap imports were valued at Rs 24,500 crore in 2017-18, while the deficit was to the tune of 7 MT.“The policy aims to promote circular economy in the steel sector”, besides promoting “a formal and scientific collection, dismantling and processing activities for ..

 FILM exhibition firm PVR on Friday announced its foray into the Sri Lankan market with the opening of its first theatre in collaboration with Shangri La Group. PVR Lanka at One Galle Face Mall is a nine-screen property with premium luxury format besides dedicated auditorium for young ones and family, the company said in a regulatory filing. “Entering Sri Lanka was part of our business strategy for FY19-20. The socio-cultural similarity between the two nations (India and Sri Lanka) makes ..

on Friday said it has signed a memorandum of understanding with Muthoot Microfinance to serve micro, small and medium enterprises. “Under the memorandum of understanding, the bank and the non-banking finance company will jointly lend to the MSME borrowers,” the bank said in a statement. Indian Bank General Manager-MSME Sudhakar Rao exchanged documents with Muthoot Microfin Deputy CFO Praveen T in the presence of the bank’s Managing Director and CEO Padmaja Chunduru recently. ..

HIGHLIGHTING the present scenario of jewellery business Rajesh Rokde, Director of Rokde Jewellers said, “Jewellery is now more of a fashion statement than an investment. There are a large number of working women and housewives in general who have two to three sets of Mangulsutras and necklaces to wear according to the occasion. Jewellery is now classified as daily wear, party wear, wedding wear etc.” He added that the jewellery industry is more design oriented and people are buying jewellery rather ..

In a communication sent to Union Commerce Minister Piyush Goyal on Thursday, the Confederation of All India Traders (CAIT) levelled serious charges of circumventing the law, causing huge GST and Income Tax revenue loss to the Government, gross manipulations for controlling inventory, bypassing the FDI policy of the Government and indulging into sinister game of valuation of the company instead of conducting business in an open and transparent manner...

Twenty contractors alleged that injustice had been done to them as they failed to get back their payments from a company that had gone for liquidation by the National Company Law Tribunal. (NCLT). Addressing a press conference held here on Tuesday, Sanjay Chopde of Balaji Associates, and 19 representatives of other contractors, said they a provision of only Rs 5 crore was made for operational creditors / contractors against their total outstanding dues of Rs 1,844.69 crore. The provision is just 0.26% ..

Public procurement portal Government e-Marketplace (GeM) is working on framework for ensuring payment to sellers within a guaranteed time frame, a senior official said. “We are working on a proposal wherein we will have a regime by which sellers would get payments in a specified time,” GeM Chief Executive Officer Talleen Kumar said. He said that currently, the time frame for payment is 10 days but it gets extended and causes problem to sellers. The platform is also looking at ways through which banks ..

HIGHLIGHTING the importance of jewellery in Indian households, Sacheen Vastani, Director of Dass Jewellers, Impressa Rise, Shivaji Nagar said, “The fascination for jewellery will always be there as Indian women are crazy for gold jewellery. Today a jeweller has to maintain a unique and extensive range of ornaments to woo customers with diverse backgrounds”. While talking in an exclusive interview with The Hitavada, he said, with the passage of time customers have become more choosy and want jewellery ..

Steel consumption in India is set for a quantum jump and investors should come forward and become a partner in the country's growth story, Union Minister Dharmendra Pradhan said on Wednesday. The minister noted that the steel sector is becoming more vibrant, efficient, environment-friendly and globally competitive supported by various policies of the government and the entrepreneurial spirit of the industry. He was addressing an event organised by International Chromium Development Association (ICDA) ..

Maharashtra Metro Rail Corporation Limited or Maha Metro Nagpur has earned its name for fulfilling their target of starting Phase-I of Nagpur Metro Rail project as per the schedule. The Phase-II of Metro Rail project, which will be extended from Butibori to Kanhan on North-South and Asoli, Hingna and Dattawadi on East-West corridor, is in the pipeline. The DPR of Phase-II has been sanctioned by State Government and is awaiting clearance from Central Government. Thus the total stretch of Metro project ..

DEPARTMENT of Civil Engineering YCCE will be organising two-day seminar on ‘Construction Materials and Technology: An Approach towards Sustainability’ on November 8 and 9. This seminar will address the issues associated with sustainability through promotion of low embodied energy building material, new technologies and material as cement and sand substitutes and the use of fiber reinforced concrete which increases its structural integrity...

The proposed policy recently released by the Maharashtra Electricity Regulatory Commission (MERC) for its tariff determination for renewable projects in the state for generation and sale of electricity appeared to be not going down well with the body of solar panel manufacturers. Maharashtra Solar Manufacturers Association (MASMA), the body of the manufacturers, on Tuesday raised serious objections over the draft saying that the new policy would discourage consumers from installing solar panels. “The ..

Somalwar Academy of Professional Studies (SAPS) is a knowledge centre empowering students of all stages. Every year, SAPS organises Perfect Test Series for class X and XII Board exams, that has now gained reputation as a perfect key to assured success in Board exams. This program has so far helped many students to achieve great deal of success in Board exams and has delivered Nagpur Division board topper since last 5 consecutive years. It contains 2 rounds of mock tests on all subjects followed by ..

Addressing the members of the Nagpur Chamber of Commerce Limited (NCCL) here on Tuesday, Divisional Commissioner Dr Sanjiv Kumar said that the businessmen play a vital role in the country’s progress. He said that they pay taxes which help the Government run various welfare projects, build infrastructure projects and implement other schemes. “Your contribution is immense in nation building,” he said while speaking at the Diwali get together and NCCL award distribution function held at Press Club Civil ..

The Energy Forum of Vidarbha Industries Association (VIA) will be conducting a meeting to discuss on “Comments & Objections to be submitted by VIA on the draft report of MERC for changing Solar Net-Metering on Gross basis” and “KVAH billing and its impact on electricity bill starting from Control period April 2020-21” on November 6 from 6 pm at Vidarbha Industries Association Auditorium, Udyog Bhawan, Civil Lines, Nagpur. R B Goenak, Director of MSEB Holding Company Limited and Vice President of VIA, ..

INDIA is expected to see M&A deals of over USD 52 billion in 2019 as mergers and acquisitions in the country are expected to remain stable despite global headwinds, according to a new report by Baker McKenzie. “Despite the global headwinds, India M&A is expected to remain stable in the next few years, with private investments reviving against the backdrop of a more favourable business environment,” it said. The firm’s fifth annual Global Transactions Forecast, jointly released with Oxford Economics, ..