Finally! MADC allots 6.79 acres of land for Star Hotel outside SEZ in MIHAN
Courier sent by MADC yet to arrive: Bachitersingh Kapoorsingh Tuli Representational Pic Nagpur: The Maharashtra Airport Development Company (MADC) VC & MD Deepak Kapoor approved the allotment of 6.79 acres (27490 Sq. Mtrs.) land for Star Hotel at sector 22 outside...
Three months on, bidders running pillar-to-post as MADC fails to issue tender, release deposit
Nagpur: The Maharashtra Airport Development Company (MADC) has not only failed to allot tender for a five-star hotel to the highest bidder but also failed to release the Earnest Money Deposit (EMD) even after three months, these shocking revaluation came...
Government should reverse the Cabinet Decision of mandatory Marathi Name Board : CAMIT
Government instead of easing misery of traders, is devising new way and means (Name Board in Marathi) to harass them :Dr. Dipen Agrawal, President CAMIT Dr. Dipen Agrawal, President of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) said...
Economy under the shadow of COVID 19 , Request FM to do balancing – Dipen Agarwal on upcoming budget
Nagpur: Dr. Dipen Agrawal, President – Chamber of Associations of Maharashtra Industry & Trade (CAMIT) said that, last year and half every economy is under the shadow of Covid-19 pandemic and India is no exception to it. Initially the impactof...
Sensex reclaims 60,000 points mark; banking stocks climb
The Indian equity markets benchmark Sensex soared past the 60,000 points mark on Wednesday led by good buying support in banking and financial stocks. The 30 stock S&P Sensex of the Bombay Stock Exchange opened on a positive note at 59,921.98...
RBI mandates new bank locker rules from Jan 1
RBI issues instructions for bank safe deposit lockers: In line with the SC order, the RBI has introduced revised instructions for bank safe deposit lockers applicable from January 1. -- Banks should carry out due diligence for all the customers...
Starting January 1, New RBI Rules on Online Card Transactions Take Effect
Starting January 1, 2022, e-commerce companies such as Amazon and Flipkart or online delivery aggregators such as Zomato won't be able to save card information on their platforms, under new guidelines from the Reserve Bank of India (RBI). As per...
VIA’s LEW conducts virtual industrial tour to LAPP GmbH Stuttgart, Germany
Nagpur: The Lady Entrepreneurs Wing (LEW) of Vidarbha Industries Association (VIA) Nagpur organized a virtual industrial tour to LAPP GmbH Stuttgart, Germany, which is one of the world’s leading manufacturers of Cable, having a global presence. The programme was coordinated by...
Sensex nosedives over 1,000 points in early trade
Equity benchmark Sensex plummeted over 1,000 points in early trade on Monday, tracking across-the-board losses amid a selloff in global markets as concerns over rising Omicron cases spooked investors. Persistent foreign fund outflow too weighed on investor sentiment. The...
BoM tops Loan and Deposit Growth during FY 20-21; Q1, Q2 of FY 21-22
Nagpur: Bank of Maharashtra (BoM) has continuously emerged as top performer among other Public Sector Banks in terms of Loan and Deposit Growth during financial year (FY) 2020-2021 and quarter 1(Q1) and Q2 of FY 2021-22. Currently BoM is present...
NVCC urges Finance Minister to extend due dates of Income Tax Return
Nagpur: The Nag Vidarbha Chamber of Commerce (NVCC), the biggest trade organization of Central India representing various trade associations, has urged the Union Finance Minister Nirmala Sitharaman to extend the due date of Income Tax Return (ITR) till March 31,...
Sensex slumps points on rising Omicron cases
Key indices of the Indian equities markets fell sharply on Friday dragged by across-the-board selling pressure as rising Omicron cases hit investors' sentiments. The benchmark Sensex slumped over 700 points while the Nifty 50 slipped 1.4 per cent. Auto,...
Sensex sheds over 150 pts in early trade
Equity benchmark Sensex declined by more than 150 points in early trade on Friday, tracking losses in index majors Reliance Industries, HDFC twins and TCS amid a negative trend in global markets. The 30-share index declined by 186.36 points...
For 9th time, RBI keeps key interest rate unchanged at 4%
The Reserve Bank of India on Wednesday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance against the backdrop of concerns over the emergence of the new coronavirus variant Omicron. This...
Fruzzanté launches its mead brand Arkä in Nagpur to bring premium honey to customers
The company aims to expand to more markets by the coming year including interior areas Nagpur: Hill Zill Wines Pvt. Ltd., the manufacturers of Fruzzanté, one-of-its-kind sparkling alcoholic beverage,recently launched their premium honey mead brand called Arkä in Nagpur. With...
Traders should be prepared to face challenge of Omicron Virus :B.C.Bhartia
Nagpur: In the series of Virus variants of Corona Virus traders should be alert and ready to face the challaenges that could be caused because of the New Omicron Variants from South Africa. It is necessary for traders to take...
27/11 Order Will Increase Inspector Raaj And Harassment : Dr. Dipen Agrawal President Camit
Chamber of Associations of Maharashtra Industry & Trade (CAMIT) has welcomed government decision to open all economic, cultural, social, sports and entertainment activities in the State and represented government review the fine/penalty of Rs. 10,000/- and Rs. 50,000/- proposed to...
Direct Oil Companies to reduce fuel prices – VTA to PM
Nagpur: Vidarbha Taxpayers Association (VTA) had dispatched a memorandum to Narendra Modi – Prime Minister and Hardeep Singh Puri – Petroleum Minister with an appeal to direct Oil Companies to reduce fuel prices, as international crude oil has dropped to...
Maharashtra real estate developers to get FSI benefits on lose land in the road widening process
The State urban development department has declared that real estate developers who happen to lose any land in the road widening process would be eligible for Floor Space Index (FSI) on the entire land parcel. A notification issued on November 24...
Paytm shares tumble nearly 14%
Shares of newly-listed One97 Communications, Paytm's parent company, continued to decline for the second day in a row on Monday, tumbling nearly 14 per cent. The counter continued to bear a deserted look as the stock declined 13.66 per cent...
Parwana Bhanav to be inaugurated on Nov 20 in Nagpur
Nagpur: Eastern Maharashtra Bank Employees Association, the Regional body of AIBEA in Vidharba Region had launched a Memorial Trust in the name of our All India leader Com H L Parwana. It was decided to build a memorial building in...
