PNB shares down over 2%
Mumbai: Shares of scam-hit Punjab National Bank today came under selling pressure, falling over 2 per cent, after witnessing marginal gains in the past two sessions. The stock went down 2.09 per cent to end at Rs 114.65 on BSE. During...
E-way bill rules are impractical : Dipen Agrawal
Nagpur: The Executive Committee of Chamber of Associations of Maharashtra Industry and Trade (CAMIT) deliberated on provisions of National E-Way Bill and noted that the provisions as they stand today are anti trade and industry. In its present form e-way...
Always remember and follow Three “H” for a successful professional life – Hemant Lodha
Nagpur: After qualifying a Chartered Accountant has various options to move further in professional life. It’s a very bold and important decision which we should take after giving proper thought and taking appropriate guidance. After choosing the right path we...
Moody’s places PNB under review for downgrade
File pic New Delhi: Following the biggest scam in the country's banking sector to the tune of Rs 11,340 crore at state-run Punjab National Bank, Moody's today placed the lender under review for downgrade. The agency has a Baa3/P-3...
Nirav Modi to PNB: You closed all options to recover dues by going public
Mumbai: Nirav Modi, the kingpin behind the largest banking scam in the country's history, has virtually wrung his arms in the air saying PNB's overzealousness has shut the doors on his ability to clear the dues, which he claimed is...
Jewellery stocks take a hit after PNB fraud
Mumbai: Shares of Gitanjali Gems today plunged up to 19 per cent in morning trade after the company came under scanner of various investigating agencies following the Punjab National Bank's declaration of nearly Rs 11,400-crore fraud. The stock today opened...
CAIT Celebrate Valentine Day by offering Red Rose to Bharatmata
Nagpur : Valentine Day should be celebrated by offering Red Roses to Bharatmata with the slogal “My Valentine My Motherland” said B.C.Bhartia. He was speaking at Valentine Day celebration function organized by TEAM CAIT Nagpur. B.C.Bhartia said that in this...
“Vidarbha Defence Hub and Industrial Cluster”
Nagpur: A validation seminar was held at Udyam Hall, Udyog Bhavan Nagpur under the aegis of Department of Industries, Govt of Maharashtra. The seminar was held on 07 Feb 18 to ratify the ‘Vidharbha Defence Hub and Industrial Cluster’ jointly...
ICAI elects New Torchbearers for the year 2018-19
Nagpur: The Institute of Chartered Accountants of India (ICAI) is a statutory body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. The affairs of the ICAI are managed by a...
Crystal Crop acquires manufacturing facility in Nagpur
Agro-chemical firm Crystal Crop Protection Ltd has acquired a manufacturing facility of Cytec India in Nagpur. It, however, did not disclose the deal value. "The company has completed the acquisition of speciality chemical manufacturing facility of Cytec India, part of 11.4 billion...
Long Term Gain Tax on shares is back- Time to know the Tax Implications
“Total amount of exempted capital gain from listed shares and units is around 3,67,000 Cr as per return filed for the AY 2017-18. Major part of this gain has accrued to corporate & LLP.”- Arun Jaitley- Finance Minister (Extract from...
Avoid Time Wasters to make best use of your 24hrs : Devendra Parekh
Nagpur: JCI Orange City Nagpur recently organized a programme on time management titled ‘I Can’t to I Can: Get the Best Out of 24 Hours’ at Chitnavis Centre for its members as part of their series of training sessions. The training...
MRO at Mihan Nagpur to be developed in JV with Singapore co.
Nagpur : In a significant development to the upcoming aircraft maintenance repair and overhaul (MRO) depot, at Mihan Nagpur -SEZ, the Singapore-based AAR Corp will be joining hands with with Indamer Aviation which is currently building the project. Indamer has...
Maharashtra Today: State’s indirect tax collections rise 29%
Mumbai: In Maharashtra Today, State has recorded a 29 percent jump in its total indirect tax collections from July to December 2017, according to a report in The Times of India. The state is home to largest tax base in country....
Informative & interactive session on TDS conducted for traders
Nagpur: Nag Vidarbha Chamber of Commerce (NVCC) an apex body of traders and trade associations from VidarbhaRegion in its 7th Executive Committee Meeting conducted an informative and interactive session on TDS provision under Income Tax Act, Satish Goyal, Commissioner Income...
Shree Nagpur Gujarati Mandal & VMV College Alumni Association successfully organized Gujarati Drama – Saasu Vehenchvi Che
Nagpur: Recently Shree Nagpur Gujarati Mandal running various prominent educational institutions in East Nagpur jointly with the VMV Commerce, JMT Arts and JJP Science College Alumni Association, successfully organized the comedy drama written and produced by Kalmlesh Vasani of Nagpur....
Don’t have records of Mallya’s loans: Finance ministry to CIC
The finance ministry has told the Central Information Commission that it does not have information about the loans given to industrialist Vijay Mallya, prompting the transparency panel to remark that the response was "vague and not sustainable as per law"....
Auto Expo kicks off with Maruti unveiling its Concept small car
The country's largest carmaker Maruti Suzuki India today made the global unveiling of its Concept compact car with "SUV like characters", kick-starting the biennial Auto Expo in Greater Noida. Named ConceptFutureS, it is a uniquely styled compact car...
Global mkt meltdown, LTCG bleed Sensex; down 561 points
File Pic Mumbai: The market continued to crumble during closing trade, as the indices saw a significant dip on Tuesday evening.The Sensex plunged by 561.22 points to 34,195.94, while Nifty saw a 168.30-point dip to 10,498.25. Shares of Lupin and Tata...
Bloodbath on Dalal Street after Wall Street crash
Indian markets have tumbled in opening trade day after Wall Streets worst crash in six years. The benchmark BSE Sensex opened at 33,543.20 points -- 1,213 points or 3.49% down. The 50-share Nifty opened at 25,149.50 points, down by 376...
ICAI clarifies over Bengaluru CA’s tax refund racket
Nagpur/Bengaluru: The Institute of Chartered Accountants of India (ICAI) has come across a news-item published on 26 Jan, 2018 by one of the dailies under headline ‘I-T busts B’luru CA’s tax refund racket with clients from top tech cos’. The...
