Big deal: Adani set to acquire Reliance’s Vidarbha Power plant near Nagpur
Nagpur: In a major development, Adani Power on Monday received approval from the Committee of Creditors for acquiring the 600 MW Vidarbha Industries Power Ltd (VIPL) plant at MIDC Industrial Area, Butibori, Nagpur. Vidarbha Industries Power Ltd, a subsidiary of Reliance...
Markets rebound in early trade after 5-day slump
Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday amid value buying at lower levels after falling sharply in the last five trading sessions. The 30-share BSE benchmark Sensex climbed 117.57 points to 74,571.98 in early trade....
Credit Card Spending Rises To Rs 1.84 Trn
Credit card spends grew by 10.8 per cent year-on-year (Y-o-Y) to Rs 1.84 trillion in January 2025, even as there was a marginal drop sequentially, latest data released by the RBI showed. Credit card spend of the leading card issuer HDFC...
Patanjali Mega Food and Herbal Park to be Inaugurated on March 9
Nagpur: The highly anticipated Patanjali Mega Food and Herbal Park, located in the MIHAN area of Butibori, is set to commence operations on March 9. The grand inauguration will be led by Union Minister for Road Transport and Highways, Nitin...
CAMIT Welcomes Maharashtra Government’s Decision to Shut Down LBT Departments Across Municipal Corporations
Nagpur: The Chamber of Associations of Maharashtra Industry & Trade (CAMIT) has lauded the Maharashtra government’s decision dated February 24, 2025, bearing number 0225/Ltr.No.26/UD-32, directing the closure of Local Body Tax (LBT) departments in all Municipal Corporations across the state....
Sensex falls over 700 points in early trade
Sensex tanks 736 points to 74,574 in early trade; Nifty drops 227 points to...
RBI To Conduct $10 Bn Buy/Sell Swap
The RBI on Friday announced a $10 billion buy/sell swap for a tenure of three years. The auction will be conducted on February 28. "In order to meet the durable liquidity needs of the system, the Reserve Bank has decided to...
Markets tumble in early trade amid foreign fund outflows
Benchmark indices Sensex and Nifty declined in early trade on Monday as persistent foreign fund outflows from the Indian equity markets and slowdown in corporate earnings continued to hurt investors' sentiment. The 30-share BSE benchmark Sensex dropped 297.8 points to...
Markets fall after initial rise
Indian benchmark indices fell after an initial high amid mixed global cues. The Sensex fell 348 points, at 75,790, while the Nifty 50 fell 129 points at 10:50 am. This comes after a weak close on Thursday, marking the seventh...
Markets rebound in early trade after 6-day slump
Equity benchmark indices Sensex and Nifty rebounded in early trade on Thursday following a better-than-expected decline in CPI inflation in January and value-buying at lower levels. The 30-share BSE benchmark Sensex climbed 214.08 points to 76,385.16 in early trade. The...
Stock markets decline in early trade
Market benchmark indices Sensex and Nifty declined in early trade on Tuesday amid unabated foreign fund outflows and fresh US tariffs that ignited trade war fears. Declining for the fifth day running, the 30-share BSE benchmark Sensex dropped 201.06 points...
Markets slump amid looming US tariff threat
Benchmark indices Sensex and Nifty declined in early trade on Monday amid fresh tariffs concerns and unabated foreign fund outflows. Declining for the fourth day running, the 30-share BSE benchmark Sensex dropped 343.83 points to 77,516.36 in early trade. The...
RBI projects 6.7% growth for FY ’26 because of…
The Reserve Bank on Friday projected the growth rate for the upcoming financial year at 6.7 per cent, up from 6.4 per cent estimated for the current fiscal ending March. Healthy Rabi prospects and an expected recovery in industrial activity...
Budget 2025 will prove to be a game changer for MSMEs-Julfesh Shah
Big ticket announcements & measures declared in Union Budget 25 will prove to be a game changer for MSME sector in the coming years which will ultimately go a long way in improving the performance of MSMEs resulting in the...
VIA Hosts a Successful 2nd Edition of ‘Power of Branding’ in Nagpur
Vidarbha Industries Association (VIA) successfully organized the 2nd edition of ‘Power of Branding’ at Center Point Hotel, Nagpur. The event was organized to highlight the impact of branding through real-life success stories of home-grown enterprises, including Go Gas , MPM...
Rupee hits record low of 87.57 against USD… again
The rupee depreciated 14 paise to hit record low of 87.57 against the US dollar in early trade on Thursday weighed down by anticipation of an RBI rate cut and weak economic data. Forex traders said the Indian rupee opened on...
HDFC Bank Parivartan impacts over 65.28+ lakh lives in Maharashtra
Nagpur: HDFC Bank, India’s largest private sector bank, under its CSR arm Parivartan, has positively impacted over 65.28 lakh lives in the state of Maharashtra till date and over 10.113 crore lives across India. It has been active in Maharashtra...
Navigating Global Transactions: Critical Mistakes to Avoid When Accepting International Payments in India
It might be difficult for Indian enterprises to accept payments from outside in the growing realm of worldwide commerce. Even if there are many opportunities, there are also certain risks that might result in monetary losses, problems with compliance, or...
VIA organised discussion on “Post Budget Analysis 2025”
Vidarbha Industries Association Taxation & Corporate Law Forum organised a session on "Post Budget Analysis 2025" on Tuesday, 4th February 2025 from 6.00 pm to 7.30 pm at VIA Auditorium, Udyog Bhawan, Civil Lines, Nagpur to dissect and analyse...
IHCL Opens Ginger Nagpur, City Centre A Perfect Blend of Comfort and Convenience for Business and Leisure Travelers
MUMBAI, : Indian Hotels Company Limited (IHCL), India’s largest hospitality company, today announced the opening of Ginger Nagpur, City Centre. This new addition to the Ginger portfolio embodies the brand’s signature lean luxe philosophy, offering modern comfort and seamless service...
Monday blues: Sensex bleeds over Trump tariff fears
Indian stock markets bled in the opening session on Monday amid the imposition of tariffs by US President Donald Trump on China, Canada, and Mexico. The Nifty index declined by 0.9 per cent to 23,271.35, while the BSE Sensex lost...
