Coal Scam: ED raid on Central Cables and Gondwana Ispat
Nagpur: The personnel of Enforcement Directorate raided the office and residence of the owner of Central Cables and Gondwana on February 3, 2016 and checked and verified various documents for the on-going investigation on allocation of coal blocks and other...
MIA celebrates 31st Foundation Day
On the day of their 31st MIA Foundation day and almost 50 years after the inception of MIDC, Hingna, industries are still beset with problems like no clean drinking water, filthy roads and surroundings and no sewer line. And MSME,...
“High Debt to GDP is the root cause of world economic crisis” Dr. V Aditya Shrinivas at VIA
Nagpur: Dr. V. Aditya Srinivas, Chief Operating Officer and Chief Economist from the BSE Brokers Forum delivered a talk on “Indian Economy in Bright Spot – in Global Gloom,” at a meeting organised by the Economic and Finance Forum of...
VED reinforces idea of Refinery in Vidarbha
Nagpur: In a statement made a month ago, Dharmendra Pradhan, Minister for Oil & Natural Gas, GoI, had expressed his intention of the Ministry setting up a refinery in Konkan, the west coast of Maharashtra. The Vidarbha Economic Development Council (VED)...
Ashok Pralhad Labhane joined as CVO, WCL
Nagpur: Ashok Pralhad Labhane, IRSEE has joined Nagpur based Miniratna Public Enterprise as Chief Vigilance Officer yesterday. Before joining WCL Labhane was posted in IRIEEN, Nashik as Professor. He has been posted initially in WCL for three years on deputation....
Tushar Pahade elected New Chairman and Chanchal Loya Secretary of the Nagpur Chapter of ICSI
Nagpur: CS Tushar Pahade, a fellow member of the Institute has been elected as Chairman and CS Chanchal Loya (Rathod) member of the Institute elected as Secretary of Nagpur Chapter of the Institute of Company Secretaries of India for the...
Sensex surges 473 points to recover from 20-month low
Mumbai/Nagpur: Indian stock markets ended 2 per cent higher on Friday, posting their biggest single-day percentage gain since October as hints of more stimulus measures from the European Central Bank lifted global markets, but still marked a third weekly fall. The...
Umrer Expansion project of WCL, inaugurated at the hands of Dr. A. K. Dubey
Brainstorming Session for CIL and its subsidiaries on Employee Cost held in Nagpur Bal Nikunj School of CMPDI inaugurated at the hands of R. Mohandas Nagpur: Umrer Expansion project of Nagpur Area of Western Coalfields Limited is inaugurated at the hands of...
“Learning is Continuous process for CAs – CA. Julfesh Shah”
Nagpur: Learn, Achieve and Celebrate the success of qualifying. Learning is a continuous process and this is just a beginning said CA. Julfesh Shah, Regional Council Member WIRC, while addressing the newly qualified CAs at their General Management and Communication...
Sensex tumbles below 24,000-mark for the first time since May 2014, rupee at two-year low
New Delhi/Nagpur: Sensex on Wednesday tumbled below the 24,000-mark for the first time since May 16, 2014, by plunging 482 points to 23,998.65. The slide coincided with the rupee falling to a more than two-year low on Wednesday, inching closer...
LBT swoop at M/s Tectonics for suspected tax evasion in lakhs
Nagpur: Local Body Tax (LBT) Department on Tuesday burst into a firm M/s Tectonics, located at P-8, Raghavendra Apartment, Laxminagar, and initiated search and seizure action for suspected evasion of the tax in lakhs. The firm deals in surgical instruments....
Huge response to SDPL booking carnival
Nagpur: Sandeep Dwellers Pvt. Ltd. (SDPL) Booking Carnival is receiving an overwhelming response from the public and has become an instant hit. Hundreds of people visited the carnival, got expert counseling from the team and arrived at the decision to buy...
Large Number of Traders take benefit of CAIT Income Tax Awareness Workshop
In the photo from left to right B.C.Bhartia, Pradeep Ghoongrood, D.P.Shrivastav, Atul Ahuja, Kishor Dharashikar, Farooque Akbani and Nikhilesh Thakar Nagpur: Large number of traders and common people took benefit of workshop organised jointly by TEAM CAIT Nagpur and Income...
“Women empowerment will strengthen women professionals” – Chetna Tank
Nagpur: Committee for Capacity Building of CA Firms and Small & Medium Practitioners of ICAI is organizing and Nagpur Branch is hosting Sate Level Women Empowerment Seminar at Hotel Centre Point, Nagpur. Chetna Tank, Corporater while speaking as Chief Guest at...
Sandeep Dwellers’ Booking Carnival till 31st Jan
Nagpur: Sandeep Dwellers Pvt. Ltd. (SDPL) has launched a mega booking carnival for its project SDPL Paradise which will last till 31st January 2016. In this carnival customers will be able to earn heavy discount from Rs. 4 Lac onwards...
Pink slips to staff of Amazon Warehouse in Nagpur
By the end of month, a skeleton staff of 100 employees may be left to run the Amazon Warehouse Nagpur: Recession had caused many companies to downsize their staff. Heavy loss to income too caused many employees to be given the...
Rupee falls 21 paise against the US dollar
Nagpur: The rupee fell by 21 paise to 67.06 against the US dollar in early trade on Thursday amid selling in most Asian currencies, ahead of the domestic WPI inflation readings scheduled for release later in the day. The domestic currency...
Rajan warning coming true? Bond mkt slowly eating banks’ lunch
In August last year, RBI governor Raghuram Rajan had said that even if banks were slow in passing on the reduction in rates to customers, money markets (another name for bond markets) were reflecting the true cost of funds in...
Double blow to economy: IIP plunges to over 4-year low; inflation accelerates
New Delhi/Nagpur: Dragged by poor manufacturing output, industrial production plunged to an over four-year low, contracting 3.2 percent in November, while retail inflation inched up in December, a set of data which RBI will consider in its monetary policy review...
LBT search, seizure operation at Vidarbha Bottlers for tax evasion in lakhs
Nagpur: Local Body Tax (LBT) Department on Tuesday initiated search and seizure action at M/s Vidarbha Bottlers Pvt. Ltd., Chinchbhawan, Wardha Road, Nagpur, for suspected evasion of the tax in lakhs. The firm deals in production of country liquor. In the...
Mega Conference on Professional Enrichment
Nagpur: ICAI has been extending its technical and infrastructural support towards the accounting reforms of various Government offices i.e. moving from cash to accrual system of accounting, after assessing the tremendous positive impact on national financial reporting said CA. Manoj...
