OMCs cut price of commercial category LPG cylinders by Rs 84

   Business BureauAs the state-owned oil marketing companies on Thursday announced dilution in the price of commercial category liquefied petroleum gas (LPG) cylinders, its price in the city came down to Rs 1948.50 per cylinder of 19 kg fro..

KC Overseas Education to conduct‘Overseas Education Fair’ on June 4

   Business BureauAttend India’s biggest Overseas Education Fair in Nagpur, organised by KC Overseas Education and co-powered by Qatar Airways, RemitX and Zolve. KC Overseas Education earlier known as Krishna Consultants is one of the..

CREDAI urges Centre to remove GST on flats given free of cost in redevelopment projects

   Business BureauRealtors’ body CREDAI has demanded the Government should do away with the GST on flats which are given free of cost to existing occupants in redevelopment projects to make them economically viable, especially in the ..

NBFC-MFIs’ assets under management to see up to 30 pc growth in FY24: Crisil

   Business BureauNBFC-MFIs’ assets under management are expected to grow by up to 30 per cent in the current financial year, domestic rating agency Crisil said on Thursday. The year will also see an improvement in asset quality and p..

AJIO’s ‘Big Bold Sale’ to start from today

   Business BureauIndia’s premier fashion e-tailer AJIO on Wednesday announced its flagship event ‘Big Bold Sale’ powered by Adidas in association with Melorra, starting from June 1. Customers got early access for a limite..

Suzuki Motorcycles launches GIXXER SF 150 with ‘ride connect bluetooth technology’

   Business BureauSuzuki India launched it’s next generation GIXXER / GIXXER SF while retaining its highly applauded sportiness. The new GIXXER / GIXXER SF comes with ‘Suzuki Ride Connect’ Bluetooth connectivity system.The..

Computer software has made business operations easy, says Nikhil Sharma

   Business BureauHighlighting the importance of technology in human life, Production Director at Shamlax Meta-Chem Pvt. Ltd, Nikhil Sharma recently said that computer software has also made businesses easier. “It has become possible ..

IT sector growth to slow down in FY24; hiring to be low amid uncertainties: Icra

   Business BureauIndian IT companies revenue growth will slow down further to mid-single digits amid intensifying headwinds for the nearly USD 250 billion dollar sector, domestic rating agency Icra said on Wednesday. The continuing uncerta..

Pyramid Tutorials felicitates meritorious students

   Business BureauThe students of Pyramid Tutorials, one of the best coaching institutes for NEET, JEE with XI-XII Board and CBSE and for classes VIII to X, shined in the recently held 12th board exams. Tejal Bobde of Pyramid Tutorials scor..

GHRSCF to pay musical tribute to ‘KK’ today

   Business BureauG H Raisoni Sports & Cultural Foundation (GHRSCF) to conduct a musical tribute event ‘Unforgettable KK’ honouring the legendary singer Krishna Kumar Kunnath (KK), scheduled to take place on May 31 at Vasan..

Tur dal touches record high of Rs 150/kg

   Business BureauAs the recent spells of unseasonal rains have caused significant crop loss of tur dal in major cultivation areas, its prices in the domestic and international markets have touched all time highs. The price of tur (fatka qu..

Liquidity of banks to improve as Rs 2,000 currency notes being deposited: Report

   Business BureauThe liquidity in the banking system is expected to improve to more than Rs 1 lakh crore in days to come if the current market trend of 80 per cent of Rs 2000 notes being deposited holds, a report said. “Even if a fra..

Last day of Malika Fashion & Lifestyle Exhibition today

   Business BureauThe much-anticipated Malika Fashion & Lifestyle Exhibition commenced yesterday at the prestigious Chitnavis Centre in Civil Lines, Nagpur. Showcasing an exquisite array of fashion and lifestyle products, the event prom..

WCL opens sand segregation &processing plant in Ballarpur

   Business BureauChairman and Managing Director of Western Coalfields Limited (WCL) Manoj Kumar on Saturday inaugurated the sand segregation and processing plant, surface miner in Quarry-2A of Pouni-2 mine and transit hostel in the Govari ..

Plasto introduces India’s first 8 layer water storage tank

   Business BureauPlasto, a leading manufacturer of water storage tanks, pipes, fitting, and sanitary wares has revolutionised the Indian market with the launch of its 8 layer water storage tank. This innovative tank has received an overwhe..

DPS Kamptee Road and Mihan start admissions to std XI

   Business BureauDelhi Public School Kamptee Road and DPS MIHAN, two esteemed institutions under the aegis of the Delhi Public School Society, New Delhi, announced the commencement of admissions for class XI. The schools are offering admis..

ICAI felicitates BoM Chairman

   Business BureauCA Sanjay M Agrawal, Chairman, Nagpur Branch of ICAI felicitated CA A S Rajeev, Chairman of Bank of Maharashtra (BoM), at the banks’ zonal office in Sitabuldi during his recent visit to the city. On the occasion, CA..

UPI to account for 90 pc of retail digital payments by 2026-27: Report

   Business BureauGrowing at a steady pace, UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report. Unified Payments Interface (UP..

MOIL targets double-digit production growth in FY’24

   Business BureauWhile approving the financial results for the fourth quarter and year ended on March 31, 2023 at the recently held meeting of board of directors of MOIL, Ajit Kumar Saxena, CMD of the company, reiterated that the MOIL was ..

DMIHER’s skill lab bags NBEMS accreditation

   Business Bureau Datta Meghe Institute of Higher Education and Research (DMIHER) has added one more feather in its cap as the National Board of Examinations in Medical Sciences (NBEMS), New Delhi, has granted accreditation and recognition..

Hi Life expo begins at Tuli Imperial

HI LIFE, India’s favourite fashion exhibition, is ready to sweep you off your feet with a collection that’s inspired by the spring theme.The exclusive showcase is going on at Tuli Imperial for two days.The mega event started on May 27 will remain open till May 28. It is creating a buzz in the fashion fraternity. So come, be a part of a grand fanfare of fashion. It is showcasing gorgeous designer wear, wedding ensembles for the brides-to-be, ethnic designs for her bandwagon, every day fashion apparels, ..

‘Follow RBI rule for exchange of Rs 2,000 notes’

  Business BureauRecently, the Government of India has announced withdrawal of Rs 2,000 currency notes from circulation though it is to be treated as legal tender for some time. Reserve Bank of India (RBI) has issued a circular S-234 dated 19-5-..

Logistics Park (I) Pvt Ltd gets prestigious award

   Business BureauLogistics Park (India) Private Limited, Central India’s most trusted brand in third party logistics, supply chain management and especially warehouse management and warehouse operations, recently won the prestigious ..

R C Plasto announces sponsorship with ‘KHC’

   Business BureauR C Plasto Tanks & Pipes Pvt Ltd, a leading manufacturer and provider of high-quality water storage tanks, pipes, fittings and sanitary wares, announced its association as an associate sponsor of the immensely popular ..

Mugdha Heart Care Center’s Cartography camp today

   Business BureauMugdha EECP Heart Care Center will conduct a cartography camp at 102, Utkarsh Complex, Ajani Chowk, Wardha Road, near Mount Carmel School on May 27 from 9.00 am to 6.00 pm.Those who have shortness of breath or shortness of..

NMC starts on-line registration for ‘Swapna Niketan’ housing scheme

   Business Bureau THE registration process for households in the ‘Swapna Niketan’ housing scheme opened on Thursday. Municipal Commissioner Radhakrishnan B performed the inauguration of the on-line registration process. He..

‘All PEs to complete verification of headers, content templates soon’

   Business Bureau TRAI on Thursday said all principal entities, like banks, financial institutions, and others, need to complete the process of verification of message headers and content templates immediately, as the telecom regulato..

IRDAI working on 3-pronged approach to ensure ‘insurance for all by 2047’

   Business Bureau IRDAI Chairman Debasish Panda on Thursday said the regulator is working on threepronged approach -- availability, accessibility and affordability -- to ensure ‘Insurance for All by 2047’. India will attai..

‘Strong performance ofIndian banks to continue’

   Business Bureau S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. “Indian banks’ earnings will likely remain health..

Unseasonal rains hit ‘desert cooler’ biz

   Business BureauThe traders in the business of desert coolers experienced one of their worst seasons and suffered heavy losses on account of unseasonal rains in the month of April. Unseasonal rains and cloudy weather conditions affected t..

Lifestyle Interior Mall launches attractive offer on wide range of furnitures

   Business BureauLifestyle Interior Mall, situated opposite Big Bazar, Besa has launched an attractive offer of 20 per cent to 60 per cent off on wide range of furnitures. Lifestyle Interior Mall considering the festivals of Dhanteras and ..

SEBI mulls prohibiting differential rights to alternative investment fund investors

   Business BureauMARKETS regulator SEBI on Wednesday proposed that AIF (alternative investment fund) investors should not be given any differential treatment, which affects the economic rights of other investors. In addition, the regulator..

Yet another year of successful results for Patil’s Classes

   Business BureauWith the legacy of delivering the best results in Nagpur, Patil’s Classes has become one of the most prestigious and go to brands when it comes to opting for coaching classes for standards 6 to 10, by the students an..

Cotton prices crash below Rs 7,000 per quintal level

   Business BureauThe raw cotton prices have crashed below the Rs 7,000 per quintal mark due to lower demand in the mandis of Vidarbha region. Farmers who stocked cotton in anticipation of higher prices are selling in panic, said Rohit Rand..

London Orthopaedic Clinic opens at Mehadia Square, Dhantoli

   Business BureauLondon Orthopaedic Clinic, a new age, world-class orthopaedic clinic was inaugurated on May 21 by Union Minister of Road Transport and Highways Nitin Gadkari at Berar House, Mehadia Square, Dhantoli, Nagpur. The inaugurati..

Organised jewellery segment to witness 12-15 pc growth

   Business BureauThe organised jewellery retailers are expected to clock 12-15 per cent revenue growth in 2023-24, mainly aided by expansions planned by a majority of large players, a report said on Tuesday. Organised jewellers are expecte..

Coal India concludes wage revision pact with non-executive workers; agrees to 25 pc hike in allowances

   Business BureauSTATE-OWNED Coal India Ltd (CIL) on May 22 said it has reached an agreement with its 2.38 lakh strong non-executive workers over the revision of wages. Under the agreement reached, a 19 per cent minimum guaranteed benefit ..

‘Need for technology-driven regulatory framework for virtual digital assets’

   Business BureauTHERE is a need for a principle-based standard operating procedures and a technology-driven regulatory framework for virtual digital assets, according to a report. The report, jointly prepared by leading public policy rese..

People’s trust is biggest asset of any organisation: Gadkari

   Business BureauThe directors of co-operative societies who worked selflessly in the interest of their organisations got success. Those that worked in their self interest vanished. Credibility is created only by the actions taken by the d..

Over 60 Resonites break 90% barrier in CBSE X Board

   Business BureauResonance Nagpur’s Foundation Division has delivered power packed results yet again in recent announced CBSE X Board results. Five Resonites scored more than 97%, 24 Resonites scored more than 95%, 60 Resonites score..

VPA to start new batches for Std XI Commerce

   Business BureauVPA one of the finest academy’s in classroom coaching for Std XI-XII Commerce (CBSE & State), CA and CS for past 27 years will be commencing its regular batches for Std XI CBSE and State Board Commerce. This year..

‘Labour laws enhance responsibility of CAs’

“With the globalisation of industries and reforms in labour laws it has become all the more important to have an in-depth study of the technicalities of the same. There are many labour laws applicable to the business organisation. Labour laws enhances the responsibility of CAs,” said CA Aniruddha Shenwai, past Vice Chairman of WIRC and past Chairman of the Nagpur Branch of WIRC of ICAI while speaking as chief guest in a seminar organised by Nagpur Branch of WIRC of ICAI on ‘Labour laws (PF & ESIC)’...

‘Indian embassies keen on facilitating overseas biz opportunities for residents’

“From their previous identity, as centres limited to issuing visas and related documents for those travelling overseas, the Indian embassies have come a long way. Indian embassies are now considered facilitation hubs for those pursuing commercial interests beyond national boundaries”, said former Ambassador Anil Trigunayat while speaking on the topic ‘Exploring commercial opportunities in rising economies’ organised by Vidarbha Management Association (VMA) here on Sunday. Trigunayat has served in ..

SEBI proposes measures to contain price volatility on shares in derivative segment

The Securities and Exchange Board of India (SEBI) has sought public comments on the proposal till June 5  Capital markets regulator SEBI on Sunday came out with a proposal to strengthen the existing price band ..

India’s engg exports to Russia saw 11-time jump in April: EEPC

EXPORTS of engineering goods to Russia jumped 11 times in April this year to USD 133.6 million as compared to year-ago month while the US and China markets continued to soften, the Engineering Export Promotion Council (EEPC) said on Saturday. Engineering exports to the CIS country were USD 11.7 million in April 2022. The value of engineering exports to the US was USD 1.4 billion in April 2023, down 24.9 per cent compared to USD 1.86 billion in the year-ago month. Shipments to China too continued with ..

Last two days of Shagun Expo at Bishop Cotton School Ground

   Business BureauOne of the leading exhibitions and event groups of Central India ‘Shagun’ is organisng ‘Shagun Trade Fair’ underway at Bishop Cotton School Ground, Sadar, Civil Lines from May 19 to May 22. The timi..

Volkswagen launches new variants of Taigun & Virtus

   Business BureauDEMOCRATIZING the performance line, Volkswagen India makes the GT badge accessible for customers. Volkswagen India has launched new variants on the Taigun and Virtus, recently. Giving details of the new variants, Volkswag..

Tanishq’s free seminar for all would-be brides of city

   Business BureauTANISHQ, India’s largest jewellery retail brand from the house of Tata is excited to announce a series of free seminars exclusively designed for all would-be brides in Nagpur. The seminar starts from May 21 till June..

‘Traders should not panic regarding RBI’s decision on withdrawal of Rs 2,000 notes’

   Business BureauTraders should not panic or worry regarding RBI’s decision on withdrawal of Rs 2,000 notes from circulation, said former Chairman of Nagpur Chamber of Commerce Limited (NCCL) CA Kailash Jogani. He was speaking in an ..

Special team of DGGI conducts GST raid on Moonlight Studio, Sitabuldi

   Business BureauA special team of Directorate General of GST Intelligence (DGGI) on Friday conducted a raid on Moonlight Studio located at Sitabuldi in the city. The DGGI officials checked the documents and seized some papers related to b..