4000-crore fraud: CBI raids on Corporate Power Ltd promoters, directors in Nagpur
Nagpur: The Central Bureau of Investigation (CBI) registered yet another offence against Manoj Jayaswal in loan fraud case. Corporate Power Limited (CPL), the company promoted by him, has been charged with bank loan fraud of Rs 4,000 crore. The amount...
Rs 10,09,511 cr loans written off in 5 years: Govt
Scheduled commercial banks have written off loans amounting to over Rs 10.09 lakh crore in the last five financial years and the process of recovery of dues from the borrowers continues, Union Finance Minister Nirmala Sitharaman informed the Lok Sabha...
Video: NVCC members indulge in street fight at 78th AGM Elections in Nagpur
Nagpur: The brawl of members of Nag Vidarbha Chamber of Commerce (NVCC) hit new low, when they restored to violence at the 78th AGM Elections of the institution at Shree Agrasen Bhawan, Ravi Nagar here, on Saturday. During the AGM...
VIA & Income Tax (TDS) Circle-1 & 2, Nagpur jointly Interactive Session on “Common issues in TDS”
VIA Taxation & Corporate Law Forum & Income Tax (TDS) Circle-1 & 2, Nagpur jointly organised an Interactive Session on “Common issues in TDS” today at VIA Auditorium, Nagpur. Hon’ble Chief Guest Mahua Sarkar, Commissioner CIT (TDS), Nagpur in her opening...
Markets fall in early trade
Equity benchmark indices declined in early trade on Thursday following weak global markets amid the US Federal Reserve's hawkish stance. The 30-share BSE Sensex declined 186.74 points to 62,491.17. The broader NSE Nifty dipped 51.95 points to 18,608.35. From...
RBI’s new repo rate will make home, auto loans dear
The Reserve Bank on Wednesday expectedly raised the benchmark lending rate by 35 basis points (bps) -- the fifth increase since May -- saying it remains focussed on bringing down the inflation to a tolerable limit. The move to raise...
Pending issues of traders should be resolved on priority – Dr. Dipen Agrawal
State government is responsive towards issues of traders– Eknath Shinde At the outset Dr Dipen Agrawal, President of Chamber of Associations of Maharashtra Industry and Trade (CAMIT) welcomed Chief Minister, Eknath Shinde with a floral bouquet in prominent presence of Shri...
Shocking!! Several Nagpur bullion traders selling gold with fake hallmark: BIS in RTI reply
Nagpur: In a shocking revelation, as many as 35 bullion traders from Second Capital of the State have failed the mandatory hallmark test, Bureau of Indian Standard (BIS) said in an RTI reply. Sanjay Agrawal, an RTI Activist from city has...
GST fraud of 18 crore found in Maharashtra, inquiry underway
Maharashtra GST Department on Monday unearthed a fraud involving a GST credit worth more than 18 crore. The matter has been the subject of an inquiry, according to detailed analyses by the concerned department. The Investigation Wing, Aurangabad Division, was...
GNIET organizes induction program “UDAAN 2022” for newly admitted budding engineers
Nagpur: The ASH Department of Guru Nanak Institute of Engineering & Technology (GNIET), Nagpur, organized the induction program "UDAAN 2022" recently for newly admitted budding engineers. Sardar Navneet Singh Tuli, Chairman GNES and Sardarni Tanpreet Kaur Tuli, Secretary, GNES and...
Infosys Foundation Diabetes Care Program to help in remission of Type 2 Diabetes
In collaboration with ADORE, a second diabetes care center will be opened in Nagpur Nagpur – November 30, 2022: Infosys Foundation, the philanthropic and CSR arm of Infosys, today announced the opening of the second Diabetes Reversal...
Fifth year of zero SME rights issues likely
Smaller companies are no longer coming back to shareholders to raise additional money through rights issues. The number of such issuances in the small and medium enterprise (SME) segment of stock exchanges is set to end at zero for the fifth...
MSME-DFO & VIALEW conducted Awareness Program on MSME-Sustainable ZED (Zero Defect Zero Effect) Certification
MSME-DFO Nagpur office, Govt. of India, Ministry of MSME in association with Lady Entrepreneurs Wing of Vidarbha Industries Association (VIALEW), Nagpur conducted a one day Awareness Programme on MSME-Sustainable ZED (Zero Defect Zero Effect) Certification on 23rd November 2022...
50% plots in MIDC areas in Vidarbha ‘unproductive’: MIDC CEO
While efforts are being made to boost industrial growth in the region, Maharashtra Industrial Development Corporation (MIDC) on Thursday made a shocking revelation about the current status of the industrial units in Vidarbha. Dr Vipin Sharma, Chief Executive Officer of...
Markets fall in early trade amid weak Asian equities
Market benchmarks fell in early trade on Monday amid weak trend in other Asian equities. After a weak beginning, the 30-share BSE Sensex further declined 463.1 points to 61,200.38. The broader NSE Nifty dipped 129.25 points to 18,178.40. From the...
Bank employees call off Nov 19 nation-wide strike
All India Bank Employees' Association has called off the proposed nation-wide bank strike on Saturday as Indian Banks' Association has agreed to resolve most of its demands. Following the decision, all banks would function across the country and transactions can...
Haldiram brothers to merge Delhi, Nagpur operations to create one large snacking entity: Report
Nagpur/New Delhi: Aimed at creating a large and one snacking organisation, days after ethnic snacks major Bikaji, a company from the stable of the original Haldiram family, listed on the bourses, the other three brothers, who run Haldiram’s in Delhi...
Paytm shares decline 2 pc in morning trade
Shares of One97 Communications, Paytm's parent firm, on Friday declined over 2 per cent in morning trade after SoftBank divested 4.5 per cent stake in the firm for Rs 1,631 crore through an open market transaction. The stock dipped...
High power cost sent 90% of steel industries packing from Vidarbha: Experts
Nagpur: It has become very difficult for industries in Maharashtra, especially Vidarbha region, to compete with neighbouring states due to high cost of power and other related issues. The situation has exacerbated to an extent that out of over 175...
Sensex rallies 1000 points in early trade
Indian markets rallied on Friday's early session, tracking Asian markets and US stocks. S&P BSE Sensex went up more than 1,000 points in the start of the session and was up 992 points to 61,609 level at 10.30 am whereas...
Nagpur Consumer Forum sends notice to Khandelwal Sarees for selling defective sarees to consumers
Nagpur: Acting on a complaint, the District Consumer Disputes Redressal Forum, Nagpur, has issued a notice to Dharampeth-based Khandelwal Sarees for selling defective sarees to consumers. A reply has been sought and the matter has now been posted on...
