Bajaj Auto signs MoU with Maharashtra to set up facility in state
MUMBAI: Two-and-three-wheeler manufacturer Bajaj Auto has entered into an MoU with the Maharashtra government to set up a manufacturing facility in the state. The MoU envisages a proposed investment of Rs 650 crore in the state’s Chakan. “The facility is expected to commence production in 2023. This facility will be utilised for manufacturing high end […]
Despite Covid-19 pandemic, Maharashtra proves ‘magnetic’ for investors
NEW DELHI: Amid the Covid-19 pandemic, Maharashtra remains the biggest magnet for investors, attracting a whopping Rs 1.12 lakh crore plus worth of industrial investments in the past six months, Chief Minister Uddhav Thackeray said on Tuesday. The state signed 25 fresh MoUs with investment commitments of Rs 61,000 crore spanning 15 different sectors, with […]
Rs 64,522 crore motor premium earned, Rs 35,519 crore claims paid in FY19
NEW DELHI: A total sum of Rs 35,519 crore of motor insurance claims were settled during 2018-19 by Indian general insurance companies while the gross underwritten premium was Rs 64,522.35 crore, the Insurance Information Bureau of India said on Tuesday. In its annual report on motor insurance for fiscal 2018-19, the Bureau said that Rs […]
Mumbai’s BEST gets 26 swank electric AC buses
MUMBAI: With a view to curb pollution, Maharashtra Chief Minister Uddhav Thackeray on Friday dedicated 26 air conditioned electric buses built by Tata Motors to Mumbai’s public transport system, BEST. In order to verify the comforts from the passengers’ viewpoint, Thackeray hopped onto one of the electric buses and went on a short ride accompanied […]
AYUSH Ministry to develop Nisarg Gram campus at Pune
NEW DELHI: Invoking recollections of Mahatma Gandhi’s famous Nature Cure campaign of 1946 at the “Nisarg Upchar” Ashram in Uruli Kanchan village near Pune, the upcoming new campus of National Institute of Naturopathy (NIN), Pune will be called “Nisarg Gram”. Located at a distance of 15 Km from NIN’s present premises at Bapu Bhavan, the […]
Jayakwadi dam water released for irrigation
AURANGABAD: The Jayakwadi dam in Maharashtra’s Aurangabad district is filled to its maximum storage capacity due to good rains this year and water is being discharged from it for the purpose of irrigation, an official said on Tuesday. The release of water from the dam, which is the largest reservoir in the Marathwada region, is […]
NAREDCO announces Zero Stamp Duty for home buyers on its members project in Maharashtra
NEW DELHI: Bringing back the homebuyers into the State’s residential real estate sector, NAREDCO Maharashtra has announced yet another spell of zero- stamp duty on housing sales until 31st December 2020. The decision will allow more homebuyers to buy affordable and luxury residential properties at the lowest ever prices during the pandemic. Over 1,000 NAREDCO […]
Groundwater levels go up in all 8 Marathwada districts
AURNAGABAD: Though farmers in Marathwada are facing crop losses due to excess rainfall this year, the above average downpour had one positive fallout – rise in groundwater levels in the drought-prone central Maharashtra region. The region, where excess rainfall has replenished groundwater levels, consists of eight districts. Aurangabad district has seen the highest increase of […]
PVR Cinemas reopen its theatres in Maharashtra
NEW DELHI: PVR Cinemas reopened the doors of its cinema halls for the general public in Maharashtra from Thursday amid stringent precautionary measures. The Maharashtra government had on November 5 allowed cinema halls, multiplexes and drama theatres outside containment zones to restart operation with 50 per cent seating capacity and a host of dos and […]
Telangana agriculture minister meets Sharad Pawar in Baramati
NEW DELHI: Telangana agriculture minister Singireddy Niranjan Reddy on Friday called on NCP chief Sharad Pawar at the latter’s residence in Baramati of Maharashtra’s Pune district. Taking to Twitter, former Union Agriculture Minister Pawar said it was a “courtesy call” and that they had discussed issues and challenges pertaining to the agriculture sector. “We discussed […]
Air India to commence flights from Amritsar to Nanded
NEW DELHI: National passenger carrier Air India said on Tuesday that it will introduce regular flights from Amritsar to Nanded in Maharashtra from November 10. According to the airline, the service will be operated on its A320Neo aircraft on every Tuesday, Thursday and Saturday. “This flight will fulfil the long standing demand of pilgrims, non-resident […]
Nxtra to set up two data centre campuses in Maharashtra
NEW DELHI: Bharti Airtel said that its subsidiary Nxtra Data Limited has signed a Memorandum of Understanding with the Maharashtra Industrial Development Corporation for setting up two new data centre campuses in the state. The new facilities will come up at Mumbai and Pune respectively. Nxtra by Airtel offers secure data centre services to leading […]
If GST has failed, revert to the old tax system: Uddhav Thackeray
By QUAID NAJMI MUMBAI:In a significant statement, Shiv Sena President and Maharashtra Chief Minister Uddhav Thackeray on Sunday said that if the system of GST has failed, then the Centre should honestly admit it and revert to the old system of taxation in the country. Addressing the party’s annual Dassehra Rally online with only 50 […]
BJP leader Eknath Khadse joins NCP
NEW DELHI: BJP leader Eknath Khadse on Friday joined the Nationalist Congress Party (NCP) in the presence of the party’s chief Sharad Pawar. Sulking since his unceremonious exit from the Devendra Fadnavis-led ministry in 2016 over land grab allegations, Khadse (68) on Wednesday quit the BJP. The same day, state NCP chief Jayant Patil announced […]
‘Unprecedented’ agriculture losses due to floods in Maharashtra: Sharad Pawar
NEW DELHI: NCP chief Sharad Pawar on Sunday said the agriculture losses due to the recent floods in parts of western Maharashtra and Marathwada were “unprecedented” and assured expeditious financial help to the affected farmers. Addressing a meeting of farmers in Tuljapur-Paranda area of Osmanabad district in Marathwada, the former Union agriculture minister assured them […]
Modi government allows 5 states to procure 13.77 lakhs tonnes of pulses, oilseeds
NEW DELHI:The government of India has allowed five states to procure 13.77 lakh tonnes of pulses and oilseeds in the current Kharif season (2020-21), the Union Ministry of Agriculture & Farmers Welfare said in a statement on Monday. The five states are Tamil Nadu, Karnataka, Maharashtra, Telangana and Haryana. The Kharif Marketing Season (KMS) 2020-21 […]