Business

Ashiesh NX building unauthorised; Phased action against similar buildings in the city

  Staff Reporter :  Ashiesh NX building, which drew intense scrutiny following a massive fire near Gandhi Gate in Mahal on May 30, is completely unauthorised, the Fire Department of the Municipal Corporation has shockingly revealed. It has..

Director Rajkumar Hirani’s son, Veer Hirani, set to make his debut in web series

RAJKUMAR Hirani—the pride of Nagpur and the visionary behind blockbuster films such as ‘Munna Bhai MBBS’, ‘Lage Raho Munna Bhai’, ‘3 Idiots’, and ‘PK’—is, for the first time, presenting a web series based on cybercrime titled ‘Pritam & Pedro’...

Spacewood Summer Sale on premium home furniture

SPACEWOOD, India’s leading name in premium modular furniture, has launched its exclusive living room furniture collection, designed to bring style, comfort, and functionality into modern homes — now available with exciting Summer Offers of up to 50% off on a wide range of living room and bedroom furniture. “Our living rooms and bedrooms define the comfort and personality of every home...

Urgently complete construction of ESIC hospital in MIDC Butibori: Ghime to Govt

THE long awaited 200-bedded ESIC hospital in MIDC Butibori, Nagpur, remains under construction and is not yet operational although the project was inaugurated in 2018. While construction on the Rs 156 crore project started in 2022, delays have left 75,000 industrial workers relying on distant facilities for medical care. The Butibori Manufacturers Association (BMA) has been urging the Government to speed up construction of the project to serve local workers from the past several years. For immediate ..

Plasto Bathware appoints actress Taapsee Pannu as Brand Ambassador

  Business Reporter : PLASTO, one of India’s leading and trusted brands in plastic piping and water management solutions, has announced the appointment of renowned actress Taapsee Pannu as the Brand Ambassador for its bathware categor..

ICMAI Nagpur Chapter forms Management Committee for 2026–27

 THE Nagpur Chapter of The Institute of Cost Accountants of India (ICMAI) has constituted its Management Committee for the year 2026–27. The newly elected office bearers are CMA S. Rajat Naidu, Chairman), CMA Nitin Alshi, Vice Chairman, CMA Man..

Unique Oral Cancer Survivor Meet held at Cardion Hospital

TO MARK ‘World No Tobacco Day’, a deeply inspiring and unique Cancer Survivor Meet was held at Cardion Hospital, Dhantoli. The entire programme was conceptualised, curated, and led jointly by renowned experts Dr Apoorva Mishra, Consultant Maxillofacial and Head & Neck Cancer Surgeon and Dr Prachet Dakshinkar, Consultant Maxillofacial and Head & Neck Cancer Surgeon, with core institutional support from Dr Nikunj Pawar, Director, Cardion Hospital and Dr Asawa. Moving away from traditional clinical seminars, ..

Zilla Parishad Nagpur’s ‘Project DREAM’ earns national recognition

In a significant recognition of its innovative efforts to promote reading and learning in rural areas, ‘Project DREAM’ (Dedicated Reading Rooms for Empowerment, Awareness and Motivation), an initiative of the Nagpur Zilla Parishad, has been featured on a Special Cover issued by the Department of Posts, Government of India. The honour is expected to provide the project with nationwide visibility and recognition. Launched last year under the vision of Vinayak Mahamuni, Chief Executive Officer of Nagpur ..

Maharashtra tops country in PM Surya Ghar Yojna

Maharashtra has emerged as the top performer in the PM Surya Ghar Muft Bijli Yojna, installing solar projects on 4,700 homes on May 29, contributing to a record 15,000 installations across the country in a single day. Union Minister for Renewable Energy Pralhad Joshi congratulated Maharashtra on achieving this milestone and praised the state for entering the league of regions with over 6 lakh solar installations. “Maharashtra’s success is a testament to the effective implementation of the scheme and ..

Newly-discovered plant species named after Savitribai Phule

A flowering plant species previously unknown to science has been discovered from the forests of Nagpur near Khairi village and named Crotalaria phulei in honour of Krantijyoti Savitribai Phule, India’s first woman teacher and social reformer. It is the first plant species in the world dedicated to her memory. The discovery was published in the internationally recognised taxonomy journal Phytotaxa, produced by Magnolia Press, New Zealand, on May 29, 2026. The species was discovered by Dr Rupali Chaudhary, ..

Builders and developers take part in UCO Bank’s meet

Builders and developers of Nagpur participated enthusiastically in ‘Builders Meet Up’ held at Pride Hotel on Monday by the Nagpur Zonal Office of UCO Bank, a leading bank of the Government of India. The programme was presided over by Rajesh Upadhyay, General Manager, Business Development, UCO Bank. In his address, Upadhyaya described the mutual harmony between builders and the bank as synonymous of ease and accessibility of home loans to the customers. On the occasion, Anand Kumar Maheshwari, Zonal ..

AID felicitates CM for resolving long-pending GMR airport issue

The Association for Industrial Development (AID) felicitated Maharashtra Chief Minister Devendra Fadnavis recently at Ramgiri and expressed its heartfelt gratitude for his decisive intervention and persistent efforts in securing the Union Cabinet’s approval on the long-pending GMR Airport issue, a development widely regarded as a major milestone for the economic growth of Vidarbha and Maharashtra...

BIS organises ‘Manak Manthan’

 The Nagpur Branch Office of Bureau of Indian Standards (BIS) organised ‘Manak Manthan’ on IS 2026 (Part 1): 2025 – Structural Steel, Part 1: Hot Rolled Medium and High Tensile Structural Steel recently at Hardeo Hotel, Nagpur. The..

CACP meet to be held in New Delhi on 5th

The Commission for Agricultural Costs and Prices (CACP) is currently formulating the pricing policy for Rabi crops for the 2027–28 season, including wheat, barley, gram (chickpea), lentil, rapeseed / mustard, and safflower. In this connection, a meeting of representatives of farmers’ organisations from across the country has been scheduled for June 5, 2026, at the Dr Babasaheb Ambedkar International Centre, Janpath, New Delhi. Farmer leader Prakash Pohare, President of the Bharatiya Kisan Parishad ..

Gadkari endorses AID demand for restoration of AI flights

Union Minister for Road Transport and Highways and AID Patron Nitin Gadkari has personally intervened and written to Air India Chairman N Chandrasekaran seeking immediate restoration of the canceled flights of Air India flights from Nagpur. In his letter, Gadkari strongly endorsed the representation submitted by AID President Ashish Kale emphasizing that Nagpur is a rapidly growing economic, industrial and logistics hub whose connectivity cannot be compromised...

Rani Khanam discusses Sufi literature, Persian influence on Kathak

   Business Reporter :  ‘Saanidhya’ interactive series begins at SCZCC   The South Central Zone Cultural Centre (SCZCC), Nagpur, under the Ministry of Culture, Government of India, is organising an interactive ser..

Madhav Notani from Allen Nagpur secures All India Rank 25

THE results of JEE Advanced 2026, the country's most prestigious engineering entrance exam, have been released. Students from Allen Career Institute Nagpur have performed exceptionally well. Ashutosh Hisaria, ALLEN Vice President and Zonal Head for ALLEN Maharashtra-Chhattisgarh, stated that Madhav Notani, a regular classroom student at ALLEN Nagpur, secured All India Rank 25, topping Nagpur City, in the JEE Advanced results. Kovid Boob has achieved All India Rank-1 in Scheduled caste category and ..

Signpost reports Rs 576 cr in revenue for FY2025-26

Signpost India Limited on Saturday announced its audited financial results for the fiscal year ending 31 March, 2026, delivering its strongest annual performance to date across revenue, profitability and balance sheet health, driven by steady network expansions and improved asset utilisation. The company’s revenue crossed Rs 576 crore, rising 27 per cent year-on-year and profit growth outpaced revenue by a significant margin - EBITDA expanded 61 per cent to Rs 151.53 crore and net profit more than ..

Finally construction work of Chikhli market begins

Business Reporter : More than two and half years after performing the groundbreaking ceremony of the long-awaited new market project at Chikhli (Deo), the Nagpur Itwari Kirana Merchants Association finally began excavation work at the sit..

Proper documentation is bedrock of corporate compliance: Geeta Bhojwani

Emphasising the critical role of documentation in business operations, Advocate Geeta Bhojwani said that irrespective of the nature, size, or structure of an organisation, maintaining essential documents related to identity, authorisation, registration, and compliance is crucial as they form the foundation of an entity’s legal identity and regulatory standing. She was addressing a session titled “Likhoge Nahi Toh Behek Jaoge” organised by the Vidarbha Management Association (VMA) at Chitnavis Centre, ..

Domestic air traffic falls nearly 4 pc to 1.38 crore

Airlines have been facing multiple headwinds, including rising operational costs due to higher fuel prices and relatively slower demand..

‘Import duty cut to improve cotton supply, lower input costs’

   Business Reporter :  THE Centre’s move to exempt all customs duties on cotton imports for five months till October 30 will ensure adequate availability of cotton for the textile industry, lower input costs and boost the compet..

Rising prices may hit 54% of festive smartphone demand, denting annual sales by up to 30%

   Business Reporter : More than half of intended smartphone buyers in India may defer their purchases or shift to the second-hand market during the festive half of the year (July to December) if prices continue to rise, potentially dr..

Likely moderation in economic activity: Govt

   Business Reporter : WITH forecasts pointing to a below-normal monsoon and a likely moderation in economic activity, overall consumption demand may face headwinds in the coming months, and the near-term outlook for the Indian economy..

Shriram Urban Bank opens branch in Chinchbhavan

   Business Reporter : Maharashtra Chief Minister Devendra Fadnavis on Saturday inaugurated the new branch of Shriram Urban Bank in Chinchbhavan. On the occasion. Fadnavis said the new branch would prove helpful in providing financial..

Shri Bhawani Hospital conducts health check-up camp on Gadkari’s birthday

   Business Reporter : Shri Bhawani Multi-Speciality Hospital, located in Pardi area in the city, recently conducted a free of cost health check up camp, to mark the occasion of birthday of Union Minister for Road Transport and Highway..

WCL CMD Dr Hemant Pande gets prestigious award

   Business Reporter : Dr Hemant Sharad Pande, CMD, Western Coalfields Limited (WCL), was conferred with the prestigious “Digital Transformation Leader of the Year” award at the 11th PSU IT Forum & Awards ceremony organ..

Transporters demand reduction in diesel prices amid decline in int’l crude rate

   Business Reporter : Highlighting the hardship transporters are facing because of the inflated fuel prices, Nagpur Truckers Unity on Saturday said that Government should roll back the prices and give some relief to them. President of..

Rags Boutique offers collection of purest handloom sarees, suits

  Business Reporter : Rags Boutique, a unique, quiet little treasure nestled in the heart of Nagpur, is proud to celebrate over 26 years of bringing timeless elegance and authentic Indian craftsmanship to discerning wardrobes. Over nearly t..

Experts see gold prices touch Rs 2 lakh/10 gm by Dec 2026

Even as gold prices have seen some correction in the recent past, market experts believe the yellow metal is likely to touch a new peak in the coming days. Some experts, who remain bullish on the metal, said conditions are favourable to push prices to Rs 2 lakh per 10 gm by December 2026. Rajesh Rokde, Chairman of the All India Gem and Jewellery Domestic Council (GJC), said the recent phase of price dilution is over. “We will soon witness an upward trend from here. The prices will gradually start ..

Lokmat Education Fair starts

Inaugurating the three-day Lokmat Education Fair here on Friday, Nagpur District Collector Kumar Ashirwad, said that students across the country are brimming with talent and energy, but there is a pressing need to provide them with proper opportunities and guidance to help shape their careers and lives in the right direction. “The Lokmat Education Fair is an effective initiative towards achieving this objective,” he added...

17th Annual Architecture Thesis Exhibition opens

The Nagpur Centre of The Indian Institute of Architects (IIA), in association with the Institution of Engineers (India), Nagpur Local Centre, has organised the 17th consecutive Annual Exhibition of Selected Thesis Works of Final Year Bachelor of Architecture Students from May 29 to 31 at Er. P T Mase Hall, Institution of Engineers, North Ambazari Road, Ramdaspeth, Nagpur. The exhibition was inaugurated on Friday by Dr Manali Kshirsagar, Vice Chancellor, Rashtrasant Tukadoji Maharaj Nagpur University ..

Bhartia is National Convenor of Swadeshi Vyapari Manch

City’s Balkrishna Bhartia has been appointed as National Convenor of Swadeshi Vyapari Manch. The decision was taken at the recently held meeting of the forum in Lucknow. The forum’s motto is “National interest, business interest, and businessman interest." It will work towards this objective. This decision was taken in Lucknow meeting in the presence of top Swadeshi Jagran officials, including Kashmiri Lal, National Organising Secretary; Satish Kumar, National Co-organising Secretary; Rajkumar Mittal, ..

Sadhana Co-operative Bank officials extend birthday greeting to Gadkari

The board of directors of Sadhana Cooperative Bank, led by its Chairman Ghanshyam Kukreja and Vice-Chairman Pramila Mathrani, extended birthday greetings to Union Minister for Road Transport and Highways Nitin Gadkari at his residence...

MIT ADT University students create radio-controlled electric airplane

In a landmark achievement for student-led aerospace innovation in India, students of MIT Art, Design and Technology University have successfully designed, developed, and flown India’s largest radio-controlled (RC) electric fixed-wing airplane, “Project GARUDA,” under “Team Skytrek.” The airplane, developed entirely by students of the School of Engineering & Science – Department of Aerospace Engineering and funded by MIT ADT University’s Centre for Research, Innovation & Entrepreneurship for Young ..

NADP wins global recognition

The National Academy of Defence Production (NADP), a unit of Munitions India Limited, has been honoured with the prestigious “Institute with Best Academic and Industry Interface” award at the Global Education Excellence Summit & Awards 2026 organised by VE BizTalk Media. The award recognises NADP’s pioneering role in bridging management education with the practical realities of defence manufacturing, strategic industries, governance, and national capability building. NADP’s AICTE-approved PGDM programme ..

Literate entrepreneurs must step forward to build educated society: Kashmiri Lal

Businessmen are cultured and very gentlemen. They are self-organized. Their connection with social groups brings them vast experience and a keen understanding of social issues. Therefore, it is crucial that literate businessmen come forward to build an educated society said Kashmiri Lal, a senior Sangh Pracharak and National Organiser of the Swadeshi Jagran Manch. He was speaking about business-related issues at an event organised by Team CAIT Nagpur in the city recently. Kashmiri Lal said that the ..

Shikshak Sahakari Bank felicitates Union Minister Gadkari on his birthday

On The occasion of the birthday of Union Minister for Road Transport and Highways Nitin Gadkari, representatives of the Shikshak Sahakari Bank Limited, Nagpur, paid a goodwill visit to his residence to extend their warm birthday wishes. The delegation included several key dignitaries from the bank including Prof. Anil Sole (Chairman, MLA Pravin Datke, Vice Chairman; Sunil Patil, Yogesh Ban, Tularam Meshram, Bholanath Sahare, Ranjeev Shriramwar, all directors; and Alpeshkumar Joshi, Chief Executive ..

NHAI identifies 17 national highway assets for monetisation in FY27

 STATE-OWNED NHAI on Thursday said it has identified 17 National Highways assets with a total combined length of 1,692.5 km for monetisation under the toll-operate-transfer (TOT) and infrastructure investment trust (InvIT) modes during the financial..

Gold loans may remain in focus amid strong momentum in retail credit growth: Report

Gold loans may continue to remain in focus for lenders in the near term, backed by strong momentum already visible in sourcing volumes and rising ticket sizes, as secured lending gains prominence in India's retail credit market, according to a report by Experian. The report showed that gold loan sourcing value more than doubled year-on-year to Rs 7.6 lakh crore in the fourth quarter of FY26, registering a 115 per cent rise, while assets under management (AUM) grew 47 per cent to Rs 11.9 lakh crore ..

TiE Nagpur launches TiE-U Programme 2026

  Business Reporter: The TiE Nagpur successfully launched the TiE-U Programme 2026 at the Software Technology Parks of India (STPI), Nagpur, with enthusiastic participation from faculty coordinators and representatives of leading educationa..

MIT-WPU’s E-Mobility Center of Excellence achieves milestone

 Business Reporter To study cutting-edge technologies in electric mobility, the Center for Excellence in Electric Vehicles established at MIT World Peace University (MIT-WPU) is placing greater emphasis on research, development, and skill enhanc..

Beneficiaries can now submit Life Certificate from home

The beneficiaries of the Sanjay Gandhi Niradhar Anudan Yojana and Shravan Bal Seva State Pension Scheme, implemented by the Department of Social Justice and Special Assistance, can now submit their Life Certificate online through the Beneficiary Satyapan App. This facility will eliminate the need for elderly, widows, destitute persons, and persons with disabilities to repeatedly visit tehsil offices, banks, or post offices. Eligible beneficiaries can complete the process themselves, with help from ..

Taneira unveils saree collection ‘Inaya’

AS THE rhythm of celebrations evolves into more intimate, expressive and style-conscious moments,Taneira, a TATA product,introduces Inaya, a contemporary saree collection designed forthe modern Indian woman who seeks elegance that feels effortless, versatile and celebratory. Starting at Rs 3,499, the collection offers an accessible entry intooccasion-led..

ICAI hosts convocation ceremony

THE ICAI Nagpur Branch (WIRC) created ahistoric milestone by successfully organising its firstever convocation ceremony for newly qualified chartered accountants on Saturday at Ashirwad Banquets,Nagpur. More than 126 newly qualified Chartered Accountants were formally convocatedduring the grand ceremony graced by guest of honour Former MP Ajay Sancheti, Chartered Accountant Ashok Chandak and Central Council member Umesh Sharma...

BMA hosts interactive meetwith senior police officers

BusinessReporter : THE Butibori Manufacturers Association (BMA)recently hosted an interactive meeting with senior police officials, Deputy Superintendent of Police Bhagyashree Dhirbassi and Police Inspector Prashant Bhoyar, to discuss important conce..

Net office leasing mayrise 6-7% in FY27, globaluncertainties, AI disruptions pose risk: Crisil

 NET leasing of office space is likely to rise 6-7 per cent this fiscal across the top seven cities, but demand may be impacted due to geopolitical uncertainties,tariff-relatedissuesandpossible disruptions caused by artificial intelligence,according..

Khandelwal Jewellers launches special offer for ‘Adhik Maas’

KHANDELWAL Jewellers, a renowned jewellery showroom in the city, has launched a special offer to mark the auspicious occasion of Adhik Maas. Under this offer, customers can get up to 0% on making charges on 22-carat gold and silver jewellery. This offer will remain valid exclusively from May 24 to 31. Furthermore, an entire floor at Khandelwal Jewellers has been adorned with jewellery pieces specially crafted for Adhik Maas. The “Shubh Labh Lucky Draw” mega offer, organised by Khandelwal Jewellers, ..

WCL unveils new corporate identity

The Western Coalfields Limited (WCL) on Monday unveiled its independent corporate logo and new corporate identity for the first time in its history. The occasion marked a historic and proud milestone for WCL and was attended by Chairman-cum-Managing Director Dr Hemant Sharad Pande; Director (Finance & Human Resources) Bikram Ghosh; Director (Technical/Operations) Anand Prasad, Director (Technical/Projects & Planning) Sandeep Paranjpe, along with senior officials from all areas and units connected ..

MSFC empanels Adv. Rohit Sharma for legal matters

The Maharashtra State Financial Corporation (MSFC) has appointed Nagpur-based advocate Rohit M Sharma as an advocate on the panel of the corporation for its legal matters. The appointment was communicated by Managing Director of the corporation Bhanudas H Palwe. The appointment will be for the period for two years which may be extended further based on requirement. Headquartered in Mumbai, it operates across Maharashtra, Goa, and Daman & Diu to provide term loans and seed capital to small and medium-scale ..