IT sleuths raid offices, residences of Nagpur’s top builders
Nagpur: In an early morning swoop on Tuesday, the sleuths of Income Tax Department raided the offices and residences of some of the well known builders in Nagpur, in connection with alleged tax evasion. According to source raid was carried at...
RBI Dy Governor quits 6 months before term ends
Viral Acharya, Reserve Bank of India's youngest deputy governor post-economic liberalisation, has resigned six months before the scheduled end of his term, reports Business Standard. Acharya, who joined the RBI on January 23, 2017, for a three-year term, is returning to...
BOI Fraud Case: ED Raids Multiple Locations in Maharashtra Against Pune-based Group
Nagpur/Pune: The ED conducted multiple searches in Maharashtra on Thursday against a Pune-based alloy-making group on charges of money laundering through an alleged bank fraud to the tune of about Rs 300 crore. The central agency said it raided the factory...
Navodaya Urban Bank Scam : EOW arrests 2 ex-managers
Nagpur: The crime branch's Economic Offences Wing has arrested two former managers of Navodaya Urban Co-operative Bank Limited in connection with the alleged Rs 38.75 crore loan fraud case and obtained five-day remand for their custodial interrogation. The accused have been...
Close LBT Department Permanently: Dipen Agrawal
Mumbai: A delegation of Chamber of Associations of Maharashtra Industries and Trade (CAMIT) led by Dipen Agrawal, President and Mohan Gurnani Chairman, met Finance Minister Sudhir Mungantiwar on Friday 14th June 2019 and submitted a memorandum on various issues and...
Nagpur pharmaceutical owner arrested in England
Allegations of smuggling forbidden drugs via meds Nagpur: Tension prevailed in city pharmaceutical industry after England police arrested Telephone Exchange Square based pharma company owner Belani on the charges of smuggling forbidden drugs to European countries via medicines. ...
VTA requests for Jan-Dec FY & DTC in Union Budget 2019-20
Finance Minister Nirmala Sitharaman had asked inputs from citizens on the Union Budget 2019-20 with a view to make the Budget making exercise more participative and inclusive, accordingly Vidarbha Taxpayers Association (VTA) called a General Body Meeting which was presided...
Rivals thrive with ‘delivery orders’ owing to Zomato boys agitation
Nagpur: Though agitation of Zomato food delivery boys have picked up momentum, the administration seems to dissuade itself, even from listening plea of vulnerable delivery boys. Irrespective of no fixed income as delivery boys’ salary is basically commission they receive...
Nagpurian’s can now go on a “Minication” with GoAir fares starting at Rs1,799 onward
Nagpur: Life is stressful – work, traffic, targets, meetings, deadlines, crisis et al. Take a quick short break and FlySmart with your loved ones. When it comes to family vacations, sometimes short and sweet weekend getaways are the best way...
Concurrent Auditors are extended arms of Bank Management – Ms. Renuka Wachasunder
Speaking as Chief Guest in the inaugural session of the Certificate Course on Concurrent Audit of Banks, hosted by the Nagpur Branch of WIRC of ICAI, Ms. Renuka Wachasunder, Zonal Head of Saraswat Co-op Bank Ltd, Nagpur, expressed...
HRAWI delegation meets CM Devendra Fadnavis
A delegation of Hotel and Restaurant Association - Western India (HRAWI) led by its president Gurbaxish Singh Kohli met Devendra Fadnavis – Chief Minister, Government of Maharashtra at Mantralaya, Mumbai. HRAWI assists members operating in the Western India Region...
VTA requests DCP Traffic to restore CA Road Parking
Commonly it is observed that Traffic Police lift two wheelers and jammers are installed on four wheelers for no parking offence on Central Avenue roadsides, which causes immense problems to the building owners and customers. Taking this issue on priority a...
GoAir is the most reliable airline
GoAir records best ‘On-Time-Performance’ for April 2019 Top OTP ranking for 8th time in a row During FY 18-19, GoAir claimed this title for 7 out of 12 months GoAir has emerged as India’s most reliable airline clocking best-on-time performance (OTP) as per...
Resolve issues of traders before assembly elections of state : Dipen Agrawal to state government
Chamber of Associations of Maharashtra Industry and Trade ( CAMIT ) recently organized All Maharashtra Executive Council Meeting on Sunday, on 2nd June 2019 at Navi Mumbai Merchants Gymkhana. Chairman Shri Mohan Gurnani and President Shri Dipen Agrawal...
GDP growth slows to 5-yr low at 5.8%
India's economic growth rate slowed to five-year low of 5.8 per cent in January-March 2018-19, due to poor performance in agriculture and manufacturing sectors, official data released Friday said. The Central Statistics Office (CSO) also revealed that GDP growth during...
Extending Social Security to small retail traders , A welcome step by govt – CAMIT
Nagpur: Modi government in its first Cabinet meeting has cleared pension scheme for small and marginal traders. Media reports suggests that this is a contributory scheme wherein traders have to contribute certain amount and the government will match the same...
RBI extends RTGS timing till 1800 hrs
Timings for fund transfer through RTGS (Real Time Gross Settlement) have been extended by one-and-a-half hours to 1800 hrs for the general public from June 1, the Reserve Bank of India said Tuesday. Under RTGS system, there is...
VTA meet Police Commissioner Upadhyay on traffic issues
Vidarbha Taxpayers Association’s (VTA) delegation led by its president J. P. Sharma met Dr. Bhushan Kumar Upadhyay - Commissioner of Police and submitted memorandum after discussion on traffic issues of Nagpur City. At the outset, J. P. Sharma congratulated Police Commissioner...
Investor wealth zooms Rs 2.87 lakh cr over Modi cheer
Investor wealth zoomed Rs 2.87 lakh crore in morning trade Thursday led by a rally in the equity market where the BSE benchmark Sensex hit 40,000-mark for the first time ever. The 30-share index zoomed over 900 points to hit an...
Hyundai launches India’s first fully connected SUV VENUE
Latest model now available at Eros Motors Hyundai Motors India Limited (HMIL) launched a new SUV, VENUE at city dealership Eros Motors on Tuesday. DGM, State Bank of India (SBI) Ravi Kumar was the chief guest at the launch function while AGMs...
CAs , revenue officials work together to ensure compliance of polices: Sandeep Bandhu
Nagpur: Chartered accountants and revenue authorities work hand in hand to ensure compliance of policies of the government, remarked Sandeep Bandhu, Director of Income Tax, Intelligence & Criminal Investigation, Nagpur. He was speaking as chief guest at seminar on ‘Critical...
