Bussiness

MG Motor India donates Hector ambulances in Nagpur to support healthcare services

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

Raw material prices jack up in 1 year, says CA Milind Kanade

In the span of one year, the prices of raw material have increased stupendouly thereby escalating the final product cost. The table shows the comparative prices of the raw material in kilogram. “Most of the companies are realizing good profits which are exhibited from their share prices on the bourses,” said CA Milind Kanade, Vice-President of Butibori Manufacturers Association...

New refineries must for controlling fuel prices: Expert

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

EPFO net new enrolments rise 13.73% to 12.76 lakh April

Net new enrolments with retirement fund body EPFO increased by 13.73 per cent to 12.76 lakh in April from 11.22 lakh in March this year, according to payroll data released on Sunday. The data released by the labour ministry provides a perspective on formal sector employment amid the coronavirus pandemic. During 2020-21, the Employees' Provident Fund Organisation (EPFO) added 77.08 lakh new members against 78.58 lakh in the year-ago period. According to the provisional payroll data, EPFO added around ..

FPIs invest Rs 13,667 cr in Indian mkts in June so far

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

Air India city office goes under the hammer

As a part of its long cherished disinvestment plan, the debt-ridden national air carrier has announced e-auction of its multiple properties including the booking office in the heart of the city. According to an advertisement published in the national dailies on Friday, Air India has put its Nagpur booking office spread over approximately 27,000 square feet in Civil Lines under the hammer. Air India has invited e-auction bids through MSTC Ltd for sale of the property. Apart from its only office in ..

‘Petrochemical complex & refinery can trigger growth in Vid’

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

Spacewood celebrates it’s 25th Anniversary with community services

INDIA’S largest manufacturer Spacewood Furnishers Pvt Ltd celebrates 25 years of turning dreams into a lifestyle. In 1996, Spacewood started its journey with a humble beginning of 10 workers and a 2,000 sq ft area by first-generation entrepreneurs Kirit Joshi and Vivek Deshpande, to deliver durable premium, stylish and comfortable furnishings to the world. And today, Spacewood group is spread across 25 acres area employing 1500 + workforce. Between then and now it has indeed come a long way. Over ..

FIITJEE Nagpur students become Vidarbha toppers in NTSE Stage-1

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

Team CAIT Nagpur to start mass tree plantation campaign today

After oxygen crisis faced during the coronavirus pandamic, Confederation of All India Traders,New Delhi (CAIT) has under taken mass tree plantation drive throughtout the country. In Nagpur it will start on June 20 by carrying out mass tree plantation from village Ranala. The plantation drive will start from June 20 and continue up to August 31. CAIT will plant and donate 2 lakh plants. The inauguration will take place under Sarpanch of Ranala Suvarna Sabale...

Hyundai’s new SUV Alcazar launched at Ketan, Eros & Bigwig dealerships

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

18 Resonites out of 36 total from Nagpur clear NTSE-1

Resonance Nagpur Pre-Foundation students have achieved a record feat this year. In continuation of its efforts of delivering power packed performance year after year, this year too Resonance Nagpur Pre Foundation Division has bagged highest number of selections for NTSE finals. ..

Govt says retail prices of tur, moong dal and urad on declining trend

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

Session on ‘Petroleum Refinery’ today

The Vidarbha Industries Association (VIA) will conduct a session on “Advantages of Petroleum Refinery in Vidarbha” on June 19 from 4.30 pm at VIA Auditorium, Udyog Bhawan, Civil Lines, Nagpur. The session will also be on zoom. ..

International Branded Garments annual sale to start from tomorrow

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

Recovery of Sales Tax: High Court’s respite to vehicle dealers

In a relief to leading vehicle dealers, the Nagpur bench of Bombay High Court has asked Sales Tax authorities not to take any coercive action against them for recovery of Sales Tax. The authorities issued notice to all vehicle dealers and levied 12.5 per cent Sales Tax (VAT) on the RTO registration charges, insurance premium charges and handling charges on vehicles sold during 2016-17. Vehicle dealers have been contesting this interpretation imposing additional tax burden on them since last year. ..

Resentment brewing among workers as unemployment surges, says BMS

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

Godrej UV case and KYT unit launched

TWO new state-of-the-art products by Godrej namely the Ultra Violet (UV) case and Know Your Temperature (KYT) unit were launched recently by the hands of Nitin Gadkari, Union Minister. D K Shastry of Prachit Enterprises, wholesale distributors for Godrej Security Solutions in the region along with Ratan Thapa, General Manager, Godrej Security Solutions and Rohit Maroli, Regional Manager, Godrej Security Solutions were present on the occasion. M/s Godrej have introduced an Ultra Violet (UV) case which ..

‘Gems & jewellery exports fall due to Covid disruptions’

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

‘‘More traffic on website will increase business’

MIDC Industries Association (MIA) Hingna and GIZ India recently conducted a free webinar on the topic ‘Leveraging your website to generate profits’. The expert speaker for the session was Shishant Mahato, professional digital marketing trainer having trained over 1,500 professionals across India and founder of ‘Digital Magnet’. “More traffic on the website will ultimately lead to more profits for the business,” said Shishant Mahato, the keynote speaker of the session. He further said, “A well-designed ..

GHRCE to hold 2-day ICCICA from June 18

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

Dr R A Mashelkar appointed as Distinguished Chair Professor for RCOEM

DR R A Mashelkar, recipient of Padma Vibhushan, Padma Bhushan and Padma Shri has been nominated as Distinguished Chair Professor for Shri Ramdeobaba College of Engineering and Management (RCOEM), Nagpur by AICTE. Under AICTE Distinguished Chair Professor scheme, eminent, highly qualified and experienced professionals who have exceptional contribution to the society in their respective fields are associated with the institutions so that faculty members and students of the institution will be benefited ..

BMS Vidarbha Pradesh elects new team

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

Fadnavis pushes for feasibility study of refinery in Vid

The Vidarbha Economic Development Council (VED) has been assiduously pursuing the issue of setting up a refinery-cum-petro-chemical complex in Vidarbha for almost a decade. The council has recently requested Union Minister of Petroleum and Natural Gas to arrange for the PSUs to conduct a techno-economic feasibility study that is necessary for such a large project. In a recent move, VED Council convinced Former Chief Minister Devendra Fadnavis through a presentation, of the need for a refinery-cum-petro-che..

LG announces ‘Together We Can Make Life Better’ campaign

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

Startup India will be benefitted by SISFS: CA Julfesh Shah

WITH the launching of Startup India Seed Fund Scheme (SISFS), startups coming up in India will be immensely benefited & startup enterprises will get a boost to take off & achieve the desired targets said renowned industrial consultant CA Julfesh Shah while addressing a webinar organised by Innovative StartUp Forum (ISF), Bengaluru. He said, in April 2021 this scheme was launched by Piyush Goyal, under the aegis of DPIIT through Ministry of Commerce & Industry which basically aim to provide financial ..

MSMEs facing slew of challenges due to Corona pandemic: CA Milind Kanade

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

Raut asks distribution co to share power consumption data with VIA

Maharashtra Minister for Energy Dr Nitin Raut on Monday asked the distribution company to share data of power consumption with the Joint Coordination Committee (JCC) and Vidarbha Industries Association (VIA). Raut was interacting with the members of the JCC here at VIA office. It is important to note that the fund of Rs 1200 crore earmarked under the scheme for Vidarbha and Marathawada regions has exhausted because of which the consumers of the regions could not get relief in power tariff. During ..

Adv Soniya Gajbhiye gets prestigious award

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

CAIT launches one week e-com purification campaign

For more than the last 5 years, Amazon, Walmart-owned Flipkart and many other foreign-funded e-commerce companies have indulged into all kinds of unethical business practices with an objective of taking control of not only the e-commerce but even the retail business of India. Their sinister designs have greatly vitiated the e-commerce landscape of the country, said CAIT. In view of such a situation, the Confederation of All India Traders (CAIT) has launched an ‘E-commerce purification week’ from June ..

All new Škoda Octavia launched

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

Theatres remain close even as unlocking begins

Though the district administration has begun phase-wise unlocking of the restrictions and allowed cinema halls to operate on certain conditions, watching movies in a theatre still remains a distant dream for the film lovers. All the multiplex and single screen cinemas in the city are closed. Under the latest SOP for the functioning of the movie halls, the authorities put certain conditions including restrictions on the occupancy and time for film exhibition. In an attempt to prevent the spread of ..

Work with dedication for success: Rajeev Aggarwal

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

Raymond opens its outlets for customers

As the district authorities started easing lockdown like restriction in the city, Raymond has opened its outlets here for the customers. The showrooms are now open for the customers from 9:30 am to 5:00pm. Raymond is the most preferred brand, when it comes to clothes or readymade garments because of its assured quality, variety of designs which changes with the time still being traditional. Nearly three generations with vouch for Raymond’s quality and that is why people prefer the most coveted brand. ..

Patel endorses proposal of petrochemical plant

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

ALLEN Nagpur to start new batches from June 15

ALLEN Career Institute, a pioneer in medical and engineering entrance examination preparation, will be commencing new batches for the students from June 15. Ashutosh Hisaria, Center Head, ALLEN Nagpur, said that due to the current COVID-19 situation in the country, the classes will be conducted according to the Government guidelines. Students will be studying online from home till the guidelines for classroom coaching is received from the Government...

Arya Cars receives prestigious and highest award from Maruti Suzuki

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

DGGI, Ngp busts fake GST invoice racket of Rs 55 cr

CONTINUING the drive against the menace of fake invoices, the officers of Directorate General of GST Intelligence (DGGI), Nagpur Zonal Unit swung back into field action with multiple searches at Nagpur after the opening up of businesses post lockdown.DGGI, Nagpur Unit has arrested a supplier of fake Goods and Services Tax (GST) invoices and detected fraudulent transactions of Rs 55 crore and Income Tax Credit (ITC) of Rs 11.09 crore. Searches were conducted at the factory premises of a prominent manufactur..

CAIT welcomes High Court’s order dismissing stay against Amazon, Flipkart investigation

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

Sugar exports touch 4.25 million tonnes so far this year: AISTA

 Sugar mills in India have exported 4.25 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said on Friday.Mills have contracted to export 5.85 million tonnes of sugar so far, as against the 6 million tonnes quota assigned by the food ministry in January this year, All India Sugar Trade Association (AISTA) said in a statement.About 1,50,000 tonnes of sugar is left to be exported under the quota and ..

Empowering employees is need of hour: Mendes

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

Travel agents expect biz to revive after country unlocks

  Business Bureau : Although the first and second wave of COVID-19 related restrictions have devastated the aviation industry, air travel agents expect business to gradually bounce back as soon as the lockdowns are completely lifted in the country. Travel agents hope that the Government lifts all restrictions and lockdowns across the country by June 15, said sources in the market. Sources said that once the lockdowns are lifted in the country, the fear of the pandemic would fade away. ..

Vivekanand Nagari Sanstha gives ambulance

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

BMS to conduct two-day conference from June 12

Bharatiya Mazdoor Sangh (BMS) is organising its 19th conference from June 12 to June 13, 2021 at Ahilyabai Mandir Sabhagruh, Dhantoli. Ramesh Ballewar, President of BMS, Vidarbha Pradesh said, on June 12, at 10.15 am, a flag hoisting ceremony will he held at the hands of B Surendran, All India Organising Secretary of BMS and key speakers will address the members of BMS. On the same day, at 4 pm, L P Katakwar, National Vice-President of BMS and other dignitaries will expressed their views. Ramesh Patil, ..

BMA donates Rs 25 lakh to district administration to fight against corona

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

Housing prices bound to go up in medium to long-term on rising construction cost: Credai

Housing prices are likely to rise in the medium to long term as construction cost has gone up by 10-20 per cent due to a sharp increase in prices of cement and steel, realtors body Credai said on Thursday. Addressing a virtual press conference, Credai Chairman Satish Magar said housing sales have fallen “drastically” since April because of the onslaught of the second wave of the COVID-19 pandemic. He, however, did not give the quantum of the fall in housing sales expected during April-June compared ..

‘CAs should interpret law correctly’

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

NTPC Mouda contributes Rs 3 cr for COVID-19 relief

NTPC Mouda contributed an amount of Rs 3 crore for fighting the battle against COVID-19 effectively. The cheque was handed over by Sagar Ranjan Sahoo, Additional General Manager (HR) and Pravin Choudhari, Senior Manager (CSR/R&R), NTPC Mouda to Avinash Katade, Deputy Collector, Nagpur on June 8. The funds will be used for procuring various medical instruments, equipment, medicines, formation of COVID dedicated hospitals in the rural and urban areas of the district, installation of oxygen plants and ..

‘India offers huge potential for digital banks’

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

IDP Education to provide discounted airfares to international students

IDP Education, the global leader in international education services, has entered an agreement with Air Canada to help international students avail budgeted air travel. The tie-up would allow Canadian education aspirants applying via IDP to fly from any part of the world to Canada with a 15% discount on Air Canada flights. To access the same, students can book their flights at www.aircanada.com. International students can access the offer only if they book their tickets by August 31, 2021, scheduling ..

TiE Nagpur partners with Amazon Web Services

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

Need key policy changes for reviving sector: FHRAI

THE Federation of Hotel and Restaurant Associations of India (FHRAI) has suggested key policy changes to the Government for the revival of the sector, the industry body said on Wednesday. The association in a statement said that its senior delegates submitted representations to the Government suggesting key policy changes, including waiver or relaxation under the EPCG scheme and Extension on moratorium of three years on the principal amount for all loans, for the revival of the sector...

HCG NCHRI Cancer Centre celebrates anniversary, Cancer Survivors Day

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

Power subsidy to continue for Vid, Marathwada: Dr Raut

Maharashtra Minister for Energy Dr Nitin Raut on Monday told the delegation of Joint Coordination Committee (JCC) comprising various bodies that the subsidy of Rs 1200 crore in power tariff for industries in backwards regions is withheld till the new policy. “The restructuring of the new policy will be finalized within the one month period,” he said adding that the subsidy will be released after restructuring the new policy along with backlogs. He was interacting with the delegation of JCC. On the ..

VIA’s webinar on HR on June 10

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

RCOEM among top 100 semi-finalists of Swadeshi Microprocessor Challenge

The Spectro Processor team of Centre for Microsystem, RCOEM Nagpur working on the project titled “Design and development of Spectro Processor for Biomedical Applications” has been shortlisted amongst the top 100 semi-finalists of Swadeshi Microprocessor Challenge. The project focuses on the development of platform based solutions around Swadeshi core processors for bodily fluid analysis and has the potential to overcome the hardware dependency of existing instruments by providing software based solutions...

Institute of Psycho Management Studies to start new batches

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

Athavale’s JEE/ NEET/ Arch. classes to begin from 15th

ATHAVALE’S IIT, Medical and Arch. classes for new session will commence from June 15. Students will also be prepared for 12th boards along with competitive exams. Highly experienced IITans and doctorate faculties will guide the students. After regular classes students will stay in the institute for assignments an self-study under guidance of faculties to avoid deviation and distraction. For admissions, interested persons may contact 290, opposite Nutan Bharat School, near Tanjore Restaurant, Abhyankar ..

Customers visit malls, restaurants as unlocking begins

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

Delhi Public International School announces admissions for 2021-22

Delhi Public International School, Nagpur (under the aegis of DPIS Society, New Delhi) is a leading name in academics. Delhi Public International School has more than 40 years’ experience in education and every year more than 1,000 students travel abroad for medical study from the schools. DPIS has announced its admission for classes from Kindergarten, Standard I to X (CBSE) and Standard XI and XII (State Board). With one of the best R&D teams to plan learning activities, DPIS is Maharashtra’s Ace ..

Demand for mangoes goes up as authorities ease market restrictions

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

‘India’s GDP will definitely improve soon’

“GLOBAL pandemic of corona has hit the world economy hard. India’s gross domestic product (GDP) has reached a four-decade low but if we remain positive for times to come, then our GDP will improve soon,” said CA Milind Kanade, BJP spokesperson and Chairman of the Economic Cell. He stressed on continuing optimistic approach that is taken up by almost all while facing this crisis. Kanade said, “India’s GDP growth rate in the June 2020 quarter -24.4 per cent increased to +1.6 per cent in the March 2021 ..

Personal loan growth boosted credit outflow in April: Report

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

Bigwig Hyundai celebrates World Environment Day with great fanfare

The World Environment Day was celebrated at Bigwig Hyundai Service, Kalamana Road, Nagpur with a great fanfare on Saturday. The main purpose of the celebration was to create awareness among the masses and pass on the massage to enrich our surroundings with trees by planting tree. In addition to this, the purpose of the event was also to educate customers about ‘Vehicle health PUC’. With the coronavirus outbreak and people being confined indoors, the environment and mother earth seem to have benefitted ..

Admissions open at Ali Coaching Classes for NEET Test Series, other courses

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

Traders protest rising petrol, diesel prices

Skyrocketing fuel prices are not only troubling the common man but it is also hurting the traders who staged demonstrations against it here on Friday. Holding placards, the traders under the banner of the Nag Vidarbha Chamber of Commerce (NVCC) expressed concern over the rising prices of petrol and diesel especially when the commercial activities have been affected severely. ..

Domestic air passenger traffic drops to 19.20 lakh in May: Report

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

‘WFH is new standard of working’

The COVID-19 pandemic has created a new culture in terms of ‘Work from Home’ (WFH). Professionals are expected to adopt to new technology and make changes in working style and adopt to new environment. To make the members aware of such technological advancements, Nagpur Branch of ICAI-WRC recently organised a virtual conference on the topic ‘Work from home and automating tasks’. ..

Guidelines for PLI scheme for white goods issued

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

Active internet users in India likely to reach 900 mn by 2025, says IAMAI

THE number of active internet users in the country is likely to grow nearly 45 per cent to 900 million by 2025 compared to 622 million as of last year, an IAMAI-Kantar Cube report released on Thursday said. According to the report, rural India may have a higher number of internet users compared to urban centres by 2025 which indicates the need to strengthen the digital ecosystem in the country. “By 2025, there would be a greater number of internet users in rural India than in urban India. Given this, ..

‘Cost Mgmt useful for sustainable growth’

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

CREDAI Nagpur Metro holds blood donation camp

Considering the current pandemic situation, the CREDAI Nagpur Metro in association with Hedgewar Blood Bank, conducted a blood donation camp on Wednesday. The event held at Hotel The Nagpur Ashok, Nagpur was part of the Corporate Social Responsibility (CSR) initiative of the CREDAI Nagpur Metro. Special arrangements were made for social distancing, mask and sanitization during the camp. The blood donation camp was inaugurated by Vijay Dargan, President of CREDAI Nagpur Metro; Gaurav Agarwala, Secretary; ..

VIA to conduct webinar on June 7

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

HCG Cancer Centre Ngp starts vaccination drive

HCG Cancer Centre Nagpur, has started its vaccination programme on Thursday. The HCG Management has appealed to the people of the city to participate in the vaccination drive to fight against COVID-19. One may call on mob. 6358888822 for appointments and further information. It is to be noted that HCG Cancer Centre is the first private cancer hospital to start vaccination programme in the region. Being a NABH accredited hospital, HCG Cancer Centre is among the safest hospital in Nagpur to provide ..

More flexibility needed in Oxygen Policy: COSIA

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

BMS to observe ‘Bengal Solidarity Day’ today

The Bharatiya Mazdoor Sangh (BMS) has decided to observe June 3 as ‘Bengal Solidarity Day. The decision has been taken in the meeting of the national office-bearers held recently in virtual mode. Hiranmay Pandya, President BMS presided over the meeting. As a part of Bengal Solidarity Day, the BMS units will conduct webinars, seminars and gate meetings by following COVID-19 norms laid down by the respective State Governments. At the same time, BMS units will also send memorandum to Chief Minister and ..

Continue power sops for industries: VIA

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

Kingsway Hospitals is first private vaccination centre

Kingsway Hospitals has become Nagpur’s first private Covid vaccination centre from June 1. It is important to note that in order to get vaccinated, one has to register on www.cowin.gov.in website or register via Aarogyasetu app. Registration through any of the two option is compulsory as no spot registrations will be allowed. Kingsway administers Covishield vaccine from 9 am to 9 pm, Monday to Saturday...

Scoliosis month begins at Orthoavenue Hospital

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

Hope Hospital launches Govt recognised courses

Hope Hospital has launched an unique programme that has been registered as a Medical Vocational Training programme listed by the Government of India and the Government of Maharashtra under the Chief Minister’s Maha Arogya Skill Development Training Programme through Green Channel. There will be over 30 courses available under the programme...

Markets become bustling spots as restrictions eased

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

MOIL receives first patent on innovation in technology

The city-based CPSE - MOIL Ltd got its first patent on May 10, 2021 for 20 years. This is first patent of MOIL since its inception. Under the continuous guidance and direction of Mukund P Chaudhari, CMD and Dipankar Shome, Director (Prod & Plng) and with technical back-up of Dr G G Manekar, General Manager (Mines) – Mine Planning, a project of replacement of sand with alternate materials was taken up...

‘Exorbitant bills of patients should be audited by Govt’

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

Good response to RC Plasto’s ‘Touch Free Hand Washing System’

HYGIENE and frequent hand washing are extremely important to prevent COVID-19 which is currently spreading rapidly around the world. Considering the same, RC Plasto Tanks and Pipes Pvt Ltd, a leading name in the field of water tanks and pipes manufacturing has launched a ‘Touch Free Hand Washing System’ for its valued customers is getting great response. This ‘Touch Free Hand Washing System’ is full of many features. Since the system is touch free, hand washing can prevent the spread of corona ..

Traders welcome relaxed market restrictions

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

Rainbow Medinova offers fully automated NABL accredited COVID-19 RTPCR facility

RAINBOW Medinova in its endeavor to bring latest investigation facilities has installed fully automated Express XL RTPCR system for processing of COVID-19 and other various molecular tests. Also, extraction, premix etc., are automatically done in a close cartridge system reducing manual error and chances of contamination. Samples will be collected from home and the results will be ready within 4 to 5 hours on same day. Fast reporting services will help for emergency surgeries and travelling purposes. ..

AIMTC demands reduction in Excise Duty, VAT

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

‘Asset monetisation to gather pace in road sector’

ASSET monetisation in the roads sector will see an acceleration as engineering, procurement and construction (EPC) companies in this space pursue growth and is also aided by various Government initiatives, according to domestic rating agency Crisil. Crisil Ratings in a note issued on Monday said that the healthy order book position of the road EPC companies, which stands at over 3 times revenue at present, is expected to improve further supported by new project awarding momentum. “Asset monetisation ..

‘FEMA offers huge opportunities for professionals’

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

Julfesh Shah is new Chairman of COSIA, Vidarbha

EMINENT Chartered Accountant and Industrial Consultant CA Julfesh Shah has been nominated as Chairman of Chamber of Small Industry Associations(COSIA), Vidarbha Chapter. COSIA is a federation of industrial associations PAN India level and is having networking with chambers of trade and industry throughout India. COSIA’s objective is to bring the MSMEs in India under one umbrella and to address their issues effectively at national as well as state levels...

Aspire International School students shine in IGCSE class 10 exams

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

ALLEN’s Selective Interactive Revision Course from June 1

ALLEN Career Institute strives to help the students in all the possible ways to prepare for the exams without any obstacle. Not only this, but the institute is always on the upfront to adopt new methods to fulfill the dreams of students. Under such effort, the ALLEN Selective Interactive Revision (SIR) course is announced for the students who will appear in NEET UG-2021 exam. This course will commence from June 1. Director Brajesh Maheshwari said ALLEN SIR is India’s first unique innovative course. ..

Potato onion prices moving northwards in wholesale market

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

Bank credit growth decelerates to 5.6%

Bank credit growth decelerated to 5.6 per cent in March 2021 from 6.4 per cent a year ago, the Reserve Bank said on Friday. On the other hand, aggregate deposits growth accelerated to 12.3 per cent in March 2021 from 9.5 per cent in the same month of the previous year. ..

‘Recovery in energy demand to continue despite COVID-19’

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

State frames incentives for oxygen manufacturing

Amid the second wave of COVID-19, with the objective of gearing up for the emergency oxygen need, Government of Maharashtra has framed an incentives scheme for industries setting up new oxygen plants under ‘Oxygen Swawlamban.’ This scheme would focus on meeting the State’s medical oxygen needs. ..

Bharat Parekh’s Academy, Mahavir Intl Service Trust conduct summer camp

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

IDP Study Abroad App for fast searching and applying to world-class institutions

Highly recommended for international education aspirants, the IDP Study Abroad App helps students explore their dream institutions and courses with just a few clicks on their cell phones. The app uses an AI-powered engine to personalise the experience for each student, based on what they search for, view, like, or save on their account. The app provides real-time updates about the student's university or institution application status. Students can use the app to browse through a variety of courses ..

Consider sawmills ‘essential service’, allow owners to operate in restriction phase: VRIA

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

Traders seek extension in GST return filing dates

On the eve of much awaited GST Council meeting scheduled to be held today, the Confederation of All India Traders (CAIT) on May 27 sent a communication to Union Finance Minister Nirmala Sitharaman urging her to extend the date of filing various GST returns without late fee and interest till August 2021 under the GST Act and Rules. CAIT also demanded a financial package for traders and a moratorium of six months on loans taken from banks and other financial institutions. CAIT National President ..