Business Bureau,  Nag Vidarbha Chamber of Commerce (NVCC) and ECGC Limited, a Government of India Enterprise organised a seminar on ‘Risk management in export transactions’ at the Chamber premises. The primary objective of the seminar was to create awareness regarding the various products, their scope, procedural aspects of ECGC and information on export credit risk and other trade related activities to the esteemed exporters of Vidarbha. The programme discussed ..

    THE Reserve Bank of India (RBI) recently came out with guidelines to prevent misuse of price-sensitive information by participants in markets for financial instruments. “Market participants, either acting independently or in collusion, shall not undertake any action with the intention to manipulate the calculation of a benchmark rate or a reference rate,” the RBI said in a notification. Also, no market participant would carry out a transaction or initiate any action ..

     Business Bureau,   Highlighting the importance of healthy food, Chairman of Agro & Rural Development Forum, VIA Om Jajodia said, “One must go for organic food as there is air, water and other forms of pollution around us.” He was speaking at the programme on ‘Entrepreneurship Opportunities in Organic Food’ organised by the Agro & Rural Development Forum of Vidarbha Industries Association (VIA) on Saturday here at Udyog Bhawan ..

    Business Bureau,  In the absence of any immediate key domestic triggers, the equity market is expected to be guided by Fed interest rate decision, foreign fund inflows and crude oil prices in this holiday-shortened week, according to analysts. Stock markets will remain closed on Thursday on the occasion Holi festival. “Minor profit-booking is expected given sharp run-up in domestic markets and global factors. However, downside will be capped as emerging markets like ..

      Business Bureau,  While speaking at the seminar organised here by the Nagpur Chapter of Institute of Company Secretaries of India (ICSI) on Saturday, well-known industrialist and Managing Director of SMS Limited Anand Sancheti said that the company secretaries are health specialists of the organisation. He was the chief guest at the full-day seminar on ‘The recent amendments in SEBI Regulations, Companies Act 2013 & Companies (Amendment) Ordinance, ..

       Business Bureau,  GAYSONS The Fashion Mall one of the oldest stores in Nagpur has started its special ‘Mens Wear Sale’ with some of India’s top brands like Louis Philippe, Van Heusen, Allensolly, Blackberry, Urban by Blackberry, Blackberry Casual, US Polo, Killer, Monte Carlo, Octave and many more. All the brands are running special offers in the store exclusively for Gaysons customers. Gaysons is offering flat discounts on all the merchandis..

    SHILPKAR Bahuudeshya Kalyankari Mahila Sanstha has organised a handicraft exhibition cum sale at Nagpur Urban Hat, at Ganganagar Square, Hajari Pahad. Women SC self help groups are showcasing their handicrafts and other products at the exhibition. The exhibition was inaugurated by Promod Karwati, Chairman Dharampeth Zone, Mahanagar Palika, Nagpur, Jagdish Gwalbanshi, Corporator Prabhag 12 and S R Masram, Senior Assistant Director, Handicraft Seva Kendra, on March 15. The exhibition ..

    Business Bureau,   Gaikwad-Patil International School (GPIS) , an initiative by Gaikwad-Patil Group of Institutions, on Saturday announced launching of state-of-the-art facilities at its school located in Dongargaon near Jamtha Stadium on Wardha Road. Addressing a press conference here, Principal and Director of the school - Shabih Chourasia said, “We have well equipped and trained staff to shape future of the students. Enlightening the minds of young is our ..

     The biggest asset for any startup is protection of its technology and innovation. For this purpose knowledge of intelletual property rights is of utmost importance. Alliance for Indian MSME, New Delhi in association with Department of MSME (Central Govt) has organised a workshop on intelletual property rights and scheme for startups on March 18, from 10 am at Hotel Hardeo, Sitabuldi. Dinesh Rai, Ex-Secretary Ministry of MSME will be chief guest on the occation.  P ..

  Business Bureau, Traders’ body CAIT on Thursday said it will launch a national campaign to boycott Chinese goods “to teach a lesson to China” after Beijing once again blocked a bid in the UN Security Council to designate P..

With an intent to bridge the gap between builders and buyers, CREDAI, Nagpur Metro has taken a big leap by announcing the launch of ‘Property Search App.’ The App has been launched in association with Dygn Media. On the very first day, 13 projects have been registered and another 22 are in pipeline. Nagpur Chapter is the first in the country to launch such concept...

  GUEST COLUMN By Pankaj Roshan Based on my observations, I feel that the real estate market is going to see significant corrections in coming days and the prices of average located properties are expected to take a big hit. The real esta..

     After four years of consecutive losses, the state run banks are likely to report a profit of Rs 23,000-37,000 crore in the next financial year, with their gross non performing loans declining to 8.1-8.4 percent by March 2020, says a report. In the last four years, with large capital infusion from the government, the state-run banks have been able to recognise and provide for their stressed assets with a steady decline in their gross NPAs (GNPAs) and net NPAs (NNPAs). ..

    Tribhuvan Kabra, Chairman of R R Global is on Vidarbha tour. After touring districts of Akola, Amravati, Wardha and Yavatmal, he will reach Nagpur on March 15.  He will be accompanied by Ashok Loya, Director of R R Global. R R Global has been rated as No 1 company in wire and cable industry. The company has wide range of electrical appliances like fan, geyser, iron, cooler etc. Kabra will be addressing retail meet in Nagpur on March 15. It will be attended by around 450 ..

     AUTOMOBILE dealers’ body FADA said retail sales of passenger vehicles (PV) in February declined by 8.25 per cent to 2,15,276 units as compared to the same period last year, hit by lower offtake by end customers. According to Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,34,632 units in February 2018. Two-wheeler sales declined by 7.97 per cent to 11,25,405 units last month as compared with 12,22,883 units in year-ago (YoY) period.   ..

    Business Bureau,  With the 22-25 percent decline in the prices of LNG since January this year, and an expected 5-7 percent increase in consumption of piped natural gas (PNG) and CNG should drive up the operating profit margins of city gas distribution companies in FY20, says a report. The spot LNG prices are likely to be in the range of USD 6.5-7 per mmBtu in the first half of fiscal 2020, rating agency Crisil Research said. The operating profit margins of city gas distribution ..

      By Sudhakar Atre,   RBI has permitted to all banks and NBFCs restructuring of advances to Micro, Small and Medium Enterprises (MSME) sector stressed MSME accounts with aggregate exposure upto Rs 25 crore without downgrading the asset to substandard (NPA) category vide its circular dated January 1, 2019. Even though, RBI has not issued any detailed framework regarding it and advised that individual boards of lenders (banks/NBFCs) should approve policy in ..

CA Sanjay M Agrawal is Chairman of WICASA, ICAI Nagpur Branch..

    By Adv S N Kapoor,  Any registered person receiving security services (services provided by way of supply of security personnel) from any person other than a body corporate is required to pay GST on RCM basis. SECURITY service is a service wherein a person supplies security personnel to another person for a consideration. Earlier in Service Tax regime, security services provided by individual, HUF or partnership firm to a body corporate were covered under Reverse ..

     PRETTY Home, the professionally organised exhibition that was launched in January 1988 by late Eknath Kankonkar is going to start in city from March 13 and will remain open till March 17 at Kusumtai Wankhede Hall, North Ambazari Road. Timings of the exhibition will be from 11 am to 9 pm and entry to the exhibition is free for visitors. The organiser of the expo Pooja Kankonkar said, “Pretty Home has become a leading brand of exhibition in city and across the country ..

 VIA Agro & Rural Development Forum is organising session on entrepreneurship opportunities in organic food on March 16, 2019 from 3 pm to 5 pm at VIA, 1st Floor, Udyog Bhawan, Civil Lines, Nagpur. Gauri Sarin, a graduate from XLRJ, specializ..

 Business Bureau,SYNAPSE Mind Care - a Psychiatric and Counselling Services Centre run by Dr Pritam Chandak - was recently inaugurated at ‘A’ wing, 2nd Floor, Neeti Gaurav Complex, Central Bazar Road, Ramdaspeth at the hands of Dr D..

 Business Bureau,IIM-Nagpur completed the final placement process for the third batch of students enrolled in its flagship Post Graduate Programme in Management (PGP 2017-19). The final placement process for IIM Nagpur witnessed over 40 recruit..

 Business Bureau’,A programme was organised with Reserve Bank of India, nationalized banks and industries associations on restructuring of advances to MSMEs by MSME-DI, Nagpur. Recently RBI has issued guidelines on restructuring of advanc..

 SEVA’S Maruti Car Driving (MCD) School in Khamla is getting overwhelming response to the discount offer announced for ladies learners. Under ‘Women’s Day’ offer for complete March month, Seva is offering a special discoun..

 In view of General Elections to the 17th Lok Sabha Parliamentary constituencies across the country, spanning April-May, 2019, the CAs Exam initially scheduled from May 2, 2019 to May 17, 2019 stand rescheduled. The said examinations will now be ..

 Business Bureau,Panasonic, a leading diversified technology company, today announced a launch of its new range of ‘total solution’ air conditioners - Advance series and Arch series.The new series comprises of features that deliver ..

 Business Bureau,“Always remember, this is just a starting point of your professional career; in the journey ahead, you are going to be part of a marathon for which you will need to sustain and excel in the long run,” said Kumar Man..

 HIRING activities registered 16 percent this February mainly led by the IT and software industry that clocked a 38 percent growth, says a report. The Naukri JobSpeak Index for February 2019 stood at 2,415 from 2,087 in February 2018. &ldq..

 Business Bureau,CII-MAHARASHTRA State Council recently organised its annual day programme in Mumbai. Following the annual session, the council had elected Kashmira Mewawala as the Chairperson and Sriram Narayanan as Vice-Chairman of CII Mahara..

 Business Bureau,The indefinite strike of Nagpur District Central Co-operative Bank (NDCCB) employees ended on Friday evening after Maharashtra Chief Minister Devendra Fadnavis intervened. It was because of the his intervention the bank managem..

  EROS Furniture, one of the biggest furniture houses in central India, is organising ‘The Sofa Show’ with a wide range of unique sofa sets designed with attention to detail, one for every living room style. Along with amazing ..

  Business Bureau,The Department for Promotion of Industry and Internal Trade is expected to extend till March 31 the deadline for seeking comments from stakeholders on the draft national e-commerce policy, a senior Government official said...

 Business Bureau,The Reserve Bank of India (RBI) Thursday relaxed norms for white label ATM (WLA) operators and allowed them to buy wholesale cash directly from the central bank. The RBI also permitted WLA operators to source cash from any bank..

 Business Bureau,Zen Reading Room is a unique first-of-its-kind place of the city which provides a peaceful space with unparalleled facilities, enabling the students to enhance their learning process with focus in a serene environment.  Ze..

 Business Bureau,In order to meet the demand, NTPC Mouda is working to its full capacity with two units of 500 MW and other two units of 660 MW, said Aloke Gupta, Group General Manager of NTPC Mouda after taking over charge. Gupta who was talki..