Nagpur’s NECO group secures 3200 loan from Kotak
Nagpur: Nagpur-based firm Jayaswal Neco Industries Ltd (JNIL) has successfully secured a substantial ₹3,200 crore in debt through a strategic investment led by Kotak Strategic Situations India Fund II. The investment, facilitated by the acquisition of non-convertible debentures (NCDs), is...
‘Despite all of Virat Kohli’s records…’: Tech Mahindra’s CP Gurnani on why 70-hr work week matters
Tech Mahindra Managing Director and CEO, and Chairman of IIM-Nagpur, CP Gurnani, gave his take on the 70-hour workweek debate that was kickstarted after Infosys founder Narayana Murthy, in a podcast, said that the youth should work for 70 hours...
Sensex, Nifty hit record high on global market rally
Benchmark equity indices Sensex and Nifty surged to all-time high levels in early trade on Friday amid an optimistic trend in global markets after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year. Continuous...
Indices at record highs; Sensex zooms 250 pts, Nifty tops 21,250
Domestic equities started gap-up on Friday as the Fed pivot-driven rally continued on Street. The S&P BSE Sensex was at 70,825 levels, up 310 points, while the Nifty50 started 105 points higher at 21,287 levels. The frontline indices notched fresh...
Maharashtra Regains Top Spot for Foreign Investments with ₹28,868 Crores Inflows in 3 Months
Nagpur: The state of Maharashtra has reclaimed its position as the top destination for foreign investment in the country, as announced by State Industries Minister Uday Samant in the Legislative Council. Over the past three months, the state has attracted...
Instant Zero Balance Account with a Virtual Debit Card: Kotak811 Puts Financial Freedom at Your Fingertips
In today's fast-paced world, where time is of the essence, traditional banking processes can often seem like a daunting task. The need to maintain a minimum balance in your savings account and the tedious paperwork associated with opening an account...
NHAI inks pact to develop multi-modal logistics park at Nagpur at Rs 673 crore
State-owned NHAI has signed an agreement to develop a multi-modal logistics park (MMLP) in Nagpur at a cost of Rs 673 crore, an official statement said on Tuesday. The statement further said that this project is poised to be the...
VIA delegation met Deependra Singh Kushwah, IAS, Development Commissioner (Industries)
Nagpur: A delegation of Vidarbha Industries Association led by Pravin Tapadia, Past President, Gaurav Sarda, Vice President, Girdhari Mantri, CA Nitin Agrawal and Vinit Mohota met Deependra Singh Kushwah, IAS, Development Commissioner (Industries), Directorate of Industries, Mumbai today, 11th December...
Sensex scales 70,000-peak for first time
Benchmark Sensex surged past the 70,000-level for the first time in early trade on Monday and the broader Nifty crossed the 21,000-mark as equity market continued with its bullish momentum. The key indices had touched their new lifetime highs on...
Rs 20 trillion & rising: AUM of active equity mutual funds surges
Active equity schemes in November saw their assets under management (AUM) surpass the Rs 20-trillion mark for the first time, bolstered by a buoyant market sentiment. The 8 per cent, or Rs 1.5 trillion, jump in AUM last month mirrored...
Deputy Chief Minister Inaugurates Indamer-Airbus Helicopter Maintenance, Repair, and Overhaul (MRO) Facility in MIHAN-SEZ, Nagpur
Nagpur: The Deputy Chief Minister Devendra Fadnavis on Friday said that an independent aviation policy will be drafted for Maharashtra soon. “Aviation is a massive sector and growing fast. Maharashtra should benefit from this aspect. Hence an aviation policy will...
CAIT Leaders from Nagpur Hold Fruitful Meeting with Deputy Chief Minister Ajitdada Pawar
Nagpur: A high-profile delegation of trade leaders from Nagpur, guided by Member of Mahila Aayog and Nagar Sevika Shrimati Abha Pande, and led by the National President of the Confederation of All India Traders (CAIT), B C Bhartia, recently convened...
RBI Optimistic About Economic Rebound: Raises GDP Growth Projection to 7% for FY24
The Reserve Bank of India on Friday raised the GDP growth projection for the current fiscal to 7 per cent from 6.5 per cent earlier on buoyant domestic demand and higher capacity utilisation in the manufacturing sector. Announcing the...
Sustainability Efforts in Bitcoin Mining
In the rapidly evolving world of cryptocurrency, a pressing question arises: "Is Bitcoin Mining Sustainable in 2023?" This article delves into the intricate balance between technological advancement and environmental impact, exploring the sustainability of Bitcoin mining in the current year....
Sensex dips 200 pts, Nifty below 20900; Paytm cracks 20%
After a week of sharp gains, equity benchmark indices saw a negative start to Thursday's trade, tracking losses across global markets ahead of Friday's jobs data in the US. The BSE Sensex fell 200 points to 69,444 and the NSE...
IIM Nagpur’s Zero Mile Samvad to Lead Conversations on India’s Economic Ascent
Nagpur : The Indian Institute of Management Nagpur (IIM Nagpur) will host the Zero Mile Samvad (ZMS) on December 15th and 16th, 2023, at its campus. The thought leadership summit will bring together brilliant minds and influential voices to chart...
Terrific Tuesday: Sensex breaches 69k-mark
Benchmark stock indices Sensex and Nifty settled at new peaks on Tuesday, rallying for the sixth straight session amid massive buying in power and utility sector shares. The 30-share BSE Sensex jumped 431.02 points, or 0.63 per cent, to...
GST Collection For November 2023 Records Highest Growth Rate
GST Collection November 2023: The gross GST revenue collected in the month of November 2023 is Rs 1,67,929 crore out of which CGST is Rs 30,420 crore, SGST is Rs 38,226 crore, IGST is Rs 87,009 crore (including Rs 39,198...
RBI: Rs 2000 notes totalling Rs 9760 cr with…
The Reserve Bank of India (RBI) on Friday said nearly 97.26 per cent of the Rs 2,000 bank notes have been returned to the banking system, and only about Rs 9,760 crore worth of the notes are still with...
VIA LEW Session on Empowerment of Women Entrepreneurs with the support of Government Schemes On 30th
Nagpur: The Lady Entrepreneurs Wing of Vidarbha Industries Association is organizing a session on “Empowerment of Women Entrepreneurs with the support of Government Schemes” on Thursday, 30th November, 2023 from 4.00 pm to 5.30 pm at VIA Auditorium, Udyog Bhawan,...
Different Types of Working Capital Loans and How to Use Them
In the changing Indian business scenario, having enough funds for growth and operations is crucial. As companies nationwide navigate the myriad opportunities the Indian market offers, the right financial support can make all the difference. A working capital loan is...
