NVCC delegation welcomes Prabhu, submits memorandum of various demands
Nagpur: A delegation of Nag Vidarbha Chamber of Commerce (NVCC), led by its President Prakash Mehadia, welcomed Railway Minister Suresh Prabhu and submitted a memorandum of various demands pertaining to passenger facilities. Union Minister Nitin Gadkari was also present on...
Sensex soars 315 points to close at record high, Nifty above 9,400-mark
Mumbai: Investors cheered as benchmark indices settled the day at their respectinve closing highs with Nifty ending above 9,400 for the first time ever as IMD’s new monsoon forecast raised prospects of higher agricultural and economic growth, cheering the investors. India...
Khurana takes charge as Business Head, SNDL, Nagpur
Nagpur: With a view to bring in continuous improvement within the dynamic environment remarkable to any public service or utility, Essel Utilities announced that Sonal Khurana will now spearhead SNDL, Nagpur with immediate effect as Business Head for the power...
BOSCH Sub-dealer meet 2017 organized
Nagpur: A Sub-Dealers meet was organized by Bosch ltd in collaboration with their BOSCH SYSTEM SPECIALIST (BSS) dealer Vishal Engineering & Mill Stores at Hotel Tuli Imperial Ramdasapeth. The meet was initiated under the Banner of Nagpur Mills & Machinery Association...
SBI cuts rates for home loans under Rs 30 lakh
New Delhi: India's largest lender SBI on Monday announced a steep reduction of 25 basis points in affordable housing loans to 8.35% for new borrowers.
Under the new government scheme, loans under Rs 30 lakh qualify for affordable housing. For male borrowers,...
Consumer Products Distributors Assn protests wrong policies of Kellogs
Nagpur: All distributor members of Consumer Products Distributors Association (CPDA), Nagpur, on Saturday observed ‘Black Day’ on the call of Maharashtra Consumers Distributors Federation. The protest was against the multi-national company Kellogs. “The company’s policies are wrong such as reducing...
Cognizant Q1 profit grows 26.31% to $557 million
Channai: Cognizant Technology Solutions has reported a 26 increase in net profit at $557 million in the first quarter ended March 31, 2017 against $441 million in the same period last year. Revenues were up 11 per cent at $3.55 billion...
President Pranab Mukherjee signs ordinance empowering RBI to act directly against top loan defaulters
New Delhi: President Pranab Mukherjee today consented to an ordinance empowering RBI for effective resolution of NPAs. The ordinance authorises the central bank to direct banks to start insolvency procedures in case of a loan default. The ordinance that will amend...
VTA hails new parking arrangements at Airport as good but wants VIP system removed
Nagpur: The Vidarbha Taxpayers Association (VTA) has appreciated the new parking arrangements at Nagpur’s Dr. Babasaheb Ambedkar International Airport. At the same time, the VTA has suggested some measures to make the parking arrangements more user-friendly. VTA further said that taking...
RERA creates strong Dispute Resolution Mechanism for Property purchasers: CA Vinit Deo
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CA. Jiten Saglani, CA. Sanjay M. Agrawal, Shri Gaurav Agrawala, Secretary CRIDAI Nagpur, Mahesh Sadhwani, VP- CREDAI, Maharashtra CA. Vinit Deo, CA. Umang Agrawal- Vice Chairman , Anil Nair, President, CREDAI, Nagpur CA. Suren Duragkar, CA....
M/S. Sony Polymers Pvt. Ltd. Holds Annual Conference at Hotel Hardeo
Nagpur: Sony Polymers Pvt. Ltd. a Local Global Company had spread wings in domestic market also. The company from Nagpur is already well known in global stationery supplies exporting to 42 nations.! The All India meet of Soni Officemate- the Marketing...
Public sector bank merger healthy for banking system: RBI governor
New York: RBI governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are consolidated to have fewer but healthier entities, as it would help in dealing with the problem of stressed...
RIL Q4 report: 12% rise in profits
New Delhi: Reliance Industries today reported a 12.3 per cent rise in its March quarter net profit on the back of higher refining and petrochemical margins. Consolidated net profit in January-March quarter at Rs 8,046 crore, or Rs 27.3 per share,...
TCS, Infosys Accused by US of Violating H-1B Visa Norms
New Delhi: The US has accused top Indian IT firms TCS and Infosys of unfairly cornering the lion's share of H-1B visas by putting extra tickets in the lottery system, which the Trump administration wants to replace with a more...
Un-conference on Divergent Issues in Family Business due to Generation Gap
Nagpur: Vidarbha Industries Association (VIA) Entrepreneurship Forum organized a program for the business houses of Nagpur titled ‘Un-conference on Issues in Family Business due to Generation Gap’ on Wed 19th April 2017 at VIA Hall. The objective of the program...
Jai Stambh requires Traffic planning on topmost priority – VTA
Nagpur: A delegation of Vidarbha Taxpayers Association (VTA) led by its secretary Tejinder Singh Renu met DCP Traffic Smartana Patil to discuss various issues related to traffic Nagpur city, however in particular to Jai Stambh Square and traffic signals on...
Piyush Goyal appreciated performance of WCL
Nagpur: Minister of State (IC) for Power, Coal, New & Renewable Energy, Mines, Piyush Goyal, reviewed annual performance of Nagpur based Miniratna PSU Western Coalfields Limited (WCL) during his visit to Nagpur, today. While reviewing the performance of WCL, Goyal...
Raids conducted by the Enforcement Directorate
Nagpur: Our attention has been drawn to the media reports regarding the raids conducted by the Enforcement Directorate on the offices of the Chartered Accountants in New Delhi, who were alleged to be involved in the money laundering and hawala...
VIA Entrepreneurship Forum organises session on ‘The X factor needed to succeed as an entrepreneur’
Nagpur: Acclaimed writer, motivator and entrepreneur Rashmi Bansal was speaking at the session organized by Entrepreneurship Forum of Vidarbha Industries Association on 'The X factor needed to succeed as an entrepreneur.' She said the success of any plan lies in the...
Nagpur branch organised panel discussion on “Just before bank branch audit”
Nagpur: Statutory Bank Branch Audit is an important responsibility bestowed on the Chartered Accountants. It is very important that all CA’s should be aware of the latest developments so that they can perform their duty to the best of their...
Flipkart raises $1.4 bn from Microsoft, eBay, Tencent
New Delhi: In a biggest round of funding by an Indian Internet company till date, Flipkart on Monday raised $1.4 billion from blue chip companies Microsoft, eBay and Tencent. With this round of funding, the Flipkart valuation has reached $11.6 billion...
