Maharashtra follows Kerala, Rajasthan; slashes VAT on fuel
Mumbai: Maharashtra Government on Sunday reduced the Value Added Tax (VAT) on petrol and diesel by Rs 2.08 per litre and Rs 1.44 per litre respectively.
Coal crisis plunges Indian states into power outrages
New Delhi/IBNS: Dwindling coal stocks in various thermal plants coupled with the high price of importing coal and shortage of rakes has caused a power crisis situation for 12 Indian states, including Maharashtra, and Uttar Pradesh, according to media reports.
Eirich Group- Germany expands in India with new plant in Pune
Kolkata: Eirich India has planned to start production of machinery and equipment as early as Q1 2023 at its new plant in Pune's Chakan industrial area.
After Maharashtra, Telangana, Punjab invites Tesla to set shop
New Delhi/IBNS: Maharashtra, Telangana, and now Punjab has invited Tesla CEO Elon Musk to set up an electric vehicle manufacturer amid a standoff with the government import duties.
IT Dept raids company engaged in dairy sector in Pune, detects unaccounted income of Rs 400 cr
Pune/IBNS: The Income Tax Department initiated search and seizure operations on a leading group of Pune, engaged in dairy farming and milk products add seized unaccounted cash and unexplained jewellery of about Rs 2.50 crore.
PVR announces reopening in Maharashtra with launch of PVR Maison
Mumbai/IBNS: PVR Ltd, the premium film exhibition company in India through its luxury arm, The Luxury Collection, has announced the launch of a boutique property, PVR Maison at Jio World Drive, Bandra Kurla Complex, here.
IT department raids Mumbai-based real estate firms, claims Rs 184 crore hidden income
New Delhi/UNI: In its crackdown on suspected tax-evading real estate firms based out of Mumbai, the Income Tax department has claimed to have detected hidden income of Rs 184 crore.
Flipkart to set up 4 new facilities in Maharashtra, 4,000 jobs to be created
Mumbai/IBNS: Walmart-run e-commerce major Flipkart has announced it will strengthen its presence in the western state of Maharashtra by setting up four new facilities.
Kamalam exported from Maharashtra to Dubai
New Delhi: In a major boost to export of exotic fruit, a consignment of fibre and mineral rich ‘Dragon Fruit’, also referred as Kamalam, has been exported to Dubai.
Tesla Inc to set up India headquarters in Mumbai: Report
Mumbai/IBNS: Tesla is setting up its office in the Lower Parel-Worli area in Mumbai with its production base in Karnataka, an ET report said.
GM India lays off all 1419 workmen at Maharashtra's Talegaon plant
Pune/IBNS: General Motors India has laid off all workers--1,419 of them--at its Talegaon plant, located in the outskirts of Pune by invoking Section 25 of the Industrial Dispute Act, said an ET report
No ban on sale of poultry products: Mah min dismisses rumour
Mumbai/UNI: Maharashtra minister has rejected rumors which claimed that Maharashtra government has imposed ban on sale of poultry products in the state.
Bharti AXA extends crop insurance to farmers, launches new campaign
Kolkata/IBNS: Private non-life insurer Bharti AXA General Insurance has launched its crop insurance campaign ‘Fasal Ka Bima Bohot Zaroori Hai’ (‘it is important to have crop insurance’) for farmers in Maharashtra and Karnataka.
Bharti AXA General offers crop insurance to farmers in Maharashtra, Karnataka under PMFBY
Kolkata/IBNS: Private non-life insurer Bharti AXA General Insurance announced that it has received Rs 800 crore worth crop insurance mandate for three years from the governments of Maharashtra and Karnataka to insure their farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY).
India-China border conflict: Maharashtra freezes three Chinese projects
Mumbai/IBNS: Amid the growing anti-China sentiment and call for boycott of Chinese goods in the country, the Maha Vikas Aghadi government has frozen three Chinese projects worth Rs. 5,000 crore, media reports said.