After 4-day rally Sensex takes a breath and pauses
The stock market on Wednesday opened flat, as investors took a pause after a four-session rally in the market. The Nifty at the National Stock Exchange (NSE) opened at 24,680. 50, up 18.30 points and BSE Sensex opened at 80667.30, down...
Adani Power Eyes Acquisition of Reliance Power’s 600-MW Nagpur Plant
Nagpur: Adani Power, led by Gautam Adani, is reportedly in advanced discussions to acquire a 600-megawatt (MW) thermal power plant in Nagpur from Vidarbha Industries Power, a subsidiary of the now-bankrupt Reliance Power. The deal, valued between Rs 2,000 and...
Sensex jumps 1,330 pts to 2-week high
Benchmark Sensex spurted by 1,330 points to close at a two-week high while Nifty jumped 397 points to settle above the 24,500 level on Friday as easing fears of a recession in the US triggered buying in IT shares amid...
Rs 4,000-cr bank loan fraud: ED freezes Rs 209 crore assets of Nagpur bizman Manoj Jayaswal’s company
Nagpur: The Enforcement Directorate (ED) has frozen assets worth Rs 209 crore and seized Rs 55 lakh in cash from Nagpur businessman Manoj Jayaswal entity -- Corporate Power Limited (CPL). The ED described the assets as Proceeds of Crime (POC)...
Sensex, Nifty surge in early trade
Equity benchmark indices Sensex and Nifty surged in early trade on Friday following a sharp rally in global markets along with buying in IT stocks and Reliance Industries. The 30-share BSE Sensex jumped 805.96 points to 79,911.84 in early trade....
Vidarbha Industries Association (VIA) Pays Tribute to India’s Freedom Fighters
Nagpur: On the auspicious occasion of India’s 78th Independence Day, the Vidarbha Industries Association (VIA), a leading industry body dedicated to promoting and developing the industrial sector in Vidarbha, extends its heartfelt congratulations to the nation. We commemorate the sacrifices of...
Jayaswal Neco Industries Ltd. Wins Two 5-Star Rating Awards for Iron Ore Mines
Nagpur-based Jayaswal Neco Industries Ltd. has achieved a significant milestone by receiving two prestigious 5-Star Rating Awards from the Ministry of Mines, Government of India. The awards were given for the company's Dhobitola Iron Ore Mine in Gondia District, Maharashtra,...
NVCC Submits Report on Parking Issues to Nagpur DRM
Nagpur: On August 13, 2024, the Nag Vidarbha Chamber of Commerce (NVCC), representing 1.3 million traders from the Vidarbha region, submitted a detailed report to the Divisional Railway Manager (DRM) of Nagpur Central, Mr. Manish Agarwal, regarding the parking issues...
What Is Health Insurance with OPD Coverage and Why Do You Need It?
Have you ever gone to the doctor for a minor condition and hoped your health insurance would cover the consultation fee? Health insurance with OPD coverage might be the solution you are looking for. This sort of insurance...
Impact of Lifestyle Choices on Health Insurance Premiums
When considering health insurance plans or term insurance, many individuals overlook how their lifestyle choices significantly impact their premiums. Your everyday habits, from nutrition to exercise, and even hobbies, might affect the cost of your...
No Buyers for Vidarbha Oranges: Here’s Why
Nagpur: Farmers in Maharashtra’s Vidarbha region are facing a significant crisis as orange exports to Bangladesh have been severely affected due to the ongoing turmoil in the neighboring country. The Nagpur area, known for its abundant orange production, usually exports...
Hindenburg points finger at Sebi chief Madhabi Buch in Adani case
US short-seller Hindenburg Research launched a fresh broadside against market regulator Sebi chairperson Madhabi Buch, alleging that she and her husband had stakes in obscure offshore funds used in the Adani money siphoning scandal. In a blogpost, Hindenburg said 18 months...
Sensex, Nifty tumble after RBI monetary policy decision
Equity benchmark indices Sensex and Nifty continued to trade lower on Thursday after the Reserve Bank of India decided to keep the policy rate unchanged for the ninth time in a row, saying food inflation remains stubborn. Continuous foreign...
Delay of Nagpur Airport’s Development causing hurdles in the development of the region – VTA
Nagpur: Vidarbha region was delighted when it was announced that Nagpur’s Dr. Babasaheb Ambedkar International Airport will be developed into a modern high-tech infrastructure taking into consideration the futurist requirements and accordingly after carrying out the tender process, in 2019...
Sensex jumps 1,046 points in early trade
Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Wednesday after three days of massive decline in-tandem with a rally in global peers. The 30-share BSE Sensex jumped 1,046.13 points to 79,639.20 in early trade....
Sensex, Nifty bounce back sharply in early trade
Equity market benchmark indices Sensex and Nifty bounced back sharply in early trade on Tuesday after facing a severe drubbing in the previous trade tracking a smart rebound in Asian peers. The 30-share BSE Sensex jumped 1,092.68 points to...
Inflation to remain around 5% this fiscal: SBI report
The Consumer Price Inflation in India is expected to remain around 5 per cent in the financial year 2024-25 except for September and October month, according to a research report by SBI. The report also noted that the inflation outlook in...
Bloodbath in markets, Sensex falls over 1500 points
Sensex tanks 1500 points to 79,000 in early trade; Nifty tumbles 489.65 points to 24,228.05. The Asian stock markets, Japanese indices registered high losses during the early trading session on Monday. The Japanese markets are down 20 per cent from their...
Devendra Fadnavis Assures Infrastructure Improvements for Water-Logged Nagpur Industrial Estates.
Delegation of industries affected by water logging problem in Maa Umia Industrial Easte, Kapsi, Kapsi Khurd, Baradari, Lihgaon and Mahalgaon area situated on Bhandara Road, led by Dr. Dipen Agrawal, President of the Chamber of Associations of Maharashtra Industry &...
Nag Vidarbha Chamber of Commerce Resumes New Member Enrollment
Nagpur: the executive committee of the Nag Vidarbha Chamber of Commerce (NVCC), a leading organization representing 1.3 million traders in Vidarbha, held its third meeting at Hotel Dwarkamai near Ganeshpeth ST Bus Stand. The meeting was chaired by President...
Why is Air Passenger Traffic in Nagpur Dropping?
Nagpur: Air passenger traffic to and from Dr. Babasaheb Ambedkar International Airport in Nagpur has seen a significant decline in the first half of 2024. The total number of passengers has dropped by approximately 187,309 compared to the same period...