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Showing posts from November, 2023

Textiles Ministry to Host 81st ICAC Plenary Meeting in Mumbai

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 by Samiksha Chogule The Government of India, Ministry of Textiles is hosting the 81st Plenary Meeting of the International Cotton Advisory Committee (ICAC) in Jio World Convention Centre, Mumbai, during 2nd – 5th December, 2023 through the Office of Textile Commissioner in association with the Cotton Corporation of India Limited (CCI), the Confederation of Indian Textile Industry (CITI) and the Cotton Association of India (CAI). It is a matter of honour and pride for India to host this event after nearly 8 years. Shri Piyush Goyal, Union Minister of Textiles, Commerce & Industry and Consumer Affairs, Food & Public Distribution, Government of India, would be inaugurating this Plenary on December 2, 2023 at 02:00 p.m. in Jio World Convention Centre, Mumbai. It is expected that over 400 delegates from 35 countries across continents consisting of Government representatives from various cotton growing and consuming countries / regions, reputed industrialists, important business del

Ministry of Textiles to host 81st Plenary Meeting of the International Cotton Advisory Committee from 2nd December till 5th December in Mumbai

by Samiksha Chogule Shri Piyush Goyal, Union Minister of Textiles, Consumer Affairs, Food & Public Distribution and Commerce & Industry to inaugurate the Meeting Over 400 delegates from 35 countries likely to participate in the Meeting The Government of India, Ministry of Textiles is hosting the 81st Plenary Meeting of the International Cotton Advisory Committee (ICAC) in Jio World Convention Centre, Mumbai during 2nd - 5th December, 2023 through the Office of Textile Commissioner in association with the Cotton Corporation of India Limited (CCI), the Confederation of Indian Textile Industry (CITI) and the Cotton Association of India (CAI). It is a matter of honour and pride for India to host this event after nearly 8 years. Shri Piyush Goyal, Union Minister of Textiles, Commerce & Industry and Consumer Affairs, Food & Public Distribution, Government of India would be inaugurating this Plenary on December 2, 2023 at 02:00 p.m. in Jio World Convention Centre, Mumbai. It i

ZEE5 Global fortifies US leadership with Aggregation of leading South Asian streaming platforms in one destination

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 by Samiksha Chogule ·          Launches Add-ons in the US ; Unveils partnerships with multiple top-tier streaming platforms; more to be announced soon  ·          Easy access to the best content at the lowest cost in the market.  ·          Multiple Campaigns to benefit subscribers – the largest Consumer Giveback offer for U.S. subscribers with huge prizes including all-expense paid holidays to Hawaii, gift vouchers and more  ·          Unique India to US Referral Program to roll out soon  ·          Announcement at a star-studded event in Mumbai featuring a panel discussion with Anupama Chopra, Manoj Bajpayee, Guneet Monga, Vishal Bhardwaj and Pratik Gandhi. National, November 28, 2023: ZEE5 Global, the world’s largest streaming service for South Asian content, today announced a strategic move to aggregate multiple South Asian streaming platforms within the ZEE5 Global platform with the launch of Add-ons in the US. ZEE5 Global Add-ons will offer subscribers in the US a single-windo

Axis Mutual Fund Launches 'Axis India Manufacturing Fund',

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 by Samiksha Chogule Aims to enable investors leverage India's Manufacturing Renaissance Highlights: Category: Thematic Benchmark: NIFTY India Manufacturing TRI Fund Managers: Mr. Shreyash Devalkar and Mr. Nitin Arora NFO open date: 1st December 2023 NFO close date: 15th December 2023 Minimum Application Amount: Rs. 500 and in multiples of Rs. 1/- thereafter Exit Load: If redeemed / switched out within 12 months from the date of allotment: For 10% of the investment: Nil For the remaining investment: 1% If redeemed / switched out within 12 months from the date of allotment: Nil Mumbai, November 29, 2023 : In an endeavour to harness the potential of India's growing manufacturing theme, Axis Mutual Fund, one among the fastest growing fund houses in India, has announced the launch of Axis India Manufacturing Fund . The latest offering i

ISPL- Indian Street Premier League- T10, a groundbreaking Tennis Cricket League that seeks to redefine the cricketing landscape in India

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by Samiksha Chogule 27th November, 2023 in Mumbai- In a historic moment for Indian cricket, CCS Sports LLP is delighted to announce the launch of the Indian Street Premier League (ISPL), India’s first ever T10 is set to kick off, promising to revolutionize the cricketing landscape in the country. The inaugural edition will get underway from March 2nd – March 9th, 2024. This unique initiative, that will feature 19 high-octane matches in Mumbai is a movement aimed at discovering, nurturing, and propelling cricketers from grassroots levels onto the international stage. The ISPL-T10's primary mission is to unite the finest local cricket talent in India, providing a comprehensive platform for players to showcase their skills and establish themselves as future cricketing superstars. With a vision to transcend boundaries and become an international platform, ISPL-T10 brings the raw energy and talent of street cricket onto the grand stage of stadiums. The Indian Street Premier League will

Three JK Tyre Motorsport drivers in fray at Asia Pacific Rally Championship finals in Indonesia

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by Samiksha Chogule   Danau Toba (Indonesia), Nov, 2023 : The final round of the Asia Pacific Rally Championship 2023 (APRC) will have a strong Indian presence at the Danau Toba Rally which gets underway here from 24 th -26 th  November. Considered as one of the toughest rallies on the circuit, the Danau Toba Rally will run on gravel and cover a distance of 433 kms, with 150.35 kms earmarked for 11 special stages and one super special stage. On a combined grid of 63 competitive cars, out of which 18 are participating in APRC also, India’s biggest promoter of motorsport JK Tyre together with Vamcy Merla Sports Foundation have fielded three young drivers under their colours namely  Jahaan Singh Gill from Chandigarh with co-driver Suraj Prasad, Coorg lad Suhem Kabeer with co-driver PVS Murthy and Lokesh Gowda from Mysore with co-driver Ashwin Naik . Jahaan Singh Gill who has just sealed his JINRC title in the Indian National Rally Championship will be driving the N11 Subaru and Suhem Kabe

MHADA charging 18% interest a matter of concern, Government to call for a proposal to bring it at par with the BMC: Fadnavis

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by Samiksha Chogule Mumbai, November, 2023:   Shri Devendra Fadnavis, Deputy Chief Minister of Maharashtra  called the current level of interest charged by MHADA from the developers really higher and stated the need to lower it to make it at par with that of the BMC. Fadnavis stated that the Maharashtra  Government would soon review the matter and ask MHADA to submit a proposal; so that the current rate of 18% of compounded interest would be brought down to the rate charged by the BMC. Speaking on the second day of NAREDCO Maharashtra’s HOMETHON Property Expo 2023, Fadnavis responded to the demand posed by Mr Sandeep Runwal, President of apex real estate body NAREDCO Maharashtra on behalf of the State's real estate industry about MHADA charging a higher interest of 18% from the developers.  Fadnavis  said,  "MHADA charging 18% compound interest is really high and it is absolutely not right to charge so much of interest. The interest rate should be at par with the banks. I will

अभ्युदय बँक खातेधारकांमध्ये विश्वास निर्माण करण्यासाठी आमची युनियन प्रयत्नशील - आनंदराव अडसूळ

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by Samiksha शुक्रवार दि.24/11/2023 रोजी रिझर्व बँकेने Banking Regulation Act 1949 च्या कलम 36 AAA अन्वये मुंबईतील बहुराज्यीय सहकारी बँक असलेल्या अभ्युदय को- ऑप. बँकेचे संचालक मंडळ पुढील 12 महिन्यासाठी बरखास्त करुन प्रशासकाची नेमणूक केली आहे. अभ्युदय बँकेची स्थापना मुंबईतील काळाचौकी सारख्या कामगार वस्तीतील अभ्यूदय नगरमध्ये अभ्यूदय या नावाने 1965 साली करण्यात आली. अल्पावधीतच मुंबईतील इतर अनेक सहकारी बँकांना मागे टाकून या बँकेने मोठया प्रमाणात आर्थिक भरारी घेतली. आज भारतातील जवळपास 1540 सहकारी बँकांमध्ये अभ्यूदय सहकारी बँकेचा क्रमांक चौथा लागतो. या बँकेने अनेक स्थित्यंतराचा सामना करत तसेच अनेक प्रकारचे आर्थिक अडथळे पार करुन आपला कारभार चढत्या क्रमानेच चालू ठेवलेला आहे. पंरतु करोना सारख्या जागतीक महामारीमुळे भारतातीलच काय परंतु संपूर्ण जगभरातील बँका अडचणीत आल्या. सहकारी बँकांना राज्य किंवा केंद्र शासनाकडून कोणत्याही प्रकारची आर्थिक मदत मिळत नसल्याने सहकारी बँकांना सावरण्यासाठी अधिक कालावधी लागत आहे. उपरोक्त बाबी लक्षात घेता अभ्यूदय बँक काही प्रमाणात आर्थिक संकटात सापडली असल्याने 31 मार्च 2

Maharashtra Government's New Housing Policy to Boost 'Housing For All' and New Investments in the State's Real Estate Sector: Shri Atul Save, Housing Minister, Government of Maharashtra

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  ·          Single Window policy will pole vault real estate development: Save ·          The Housing Minister Seeks Recommendations from the Developers for the New Housing Policy  by Samiksha  Mumbai, November 24, 2023: The State Housing Minister Shri Atul Save today informed that the State Government has been planning to effect necessary requisites in the State's new Housing Policy to make 'Housing For All' a reality; so that every citizen of the State gets his own house either through MHADA or SRA developments or through other developments. He also stated that in order to boost affordable housing, the Government would also find ways to push new investments in the State's housing sector.  Shri Save ji was speaking at the inauguration of the second edition of the biggest Housing Expo 'Homethon 2023' organized by NAREDCO Maharashtra today at the Jio Convention Centre in Mumbai.  The Minister added that the State Government's focus under the leaders

Laghu Udyog Bharati launches a Survey Campaign on ‘Empowering MSMEs’ in Maharashtra

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     Survey to provide a centre point for data for the industry’s issues - by Samiksha  Mumbai, November 23, 2023: Laghu Udyog Bharati (LUB), an organization dedicated to serving micro and small industries in India, has announced a new Survey Campaign called "Empowering MSMEs – (To March Towards One Trillion Dollar Economy)" in Mumbai. The survey covers eight key topics including subjects such as Banking & Finance, Industrial Land & Infrastructure, Pollution Control, Power Supply, Business Environment, Labor Issues, and Poor Grievance Mechanisms Related to Government. LUB will conduct an outreach program through a survey to reach and instrument feedback from over 1,00,000 entrepreneurs, factory owners, and service providers to manufacturing industries across all regions and districts of Maharashtra. LUB will analyze and share the results of the survey with the state government to address issues faced by businesses and provide solution within estimated turnaround t