Business News Northeast - Latest Business Northeast News & Updates

27 Nov

realme unveils India’s first Snapdragon 8 Elite flagship, realme GT 7 Pro

Business BureauBusiness

realme, the most popular smartphone brand among Indian youth, has unveiled the much-anticipated realme GT 7 Pro with India’s first Snapdragon 8 Elite Flagship chipset. Each generation of GT is designed with the motto “Born to Exceed”, striving to deliver unrivaled performance and push the boundaries of what's possible. The realme GT 7 Pro is a groundbreaking device that boasts several industry firsts. It is the first in India to feature the Snapdragon 8 Elite Flagship chipset, setting new standards for performance and stands out with an impressive Antutu score of 3 million. Commenting on the launch, a realme spokesperson…

26 Nov

Swiggy shares inflation 6% after UBS initiates coverage, analysts expect up to 26% surge

Business CorrespondentBusiness, News

Shares of Swiggy Ltd, a leading player in food delivery and instant commerce, jumped 6 per cent to Rs 456 in morning trade on November 26, after UBS initiated coverage with a 'buy' rating. The brokerage highlighted Swiggy's strong growth prospects and set a target price of Rs 515, implying a potential upside of about 27 per cent from current levels. UBS pointed out that Swiggy is well positioned for growth, currently trading at a 35 per cent discount to Zomato.The stock rose 6.2 per cent to Rs 458 compared to its previous close of Rs 431.25 on the BSE,…

26 Nov

Byatikram MASDO successfully concludes third edition of International Writers Meet 2024 in Guwahati

Business BureauBusiness

Byatikram MASDO wrapped up the third edition of the Byatikram International Writers Meet 2024, held from November 22 to 25 in Guwahati. The event attracted prominent writers from across the globe, offering a platform for intellectual dialogue and cultural celebration. The meet featured a diverse lineup of international authors, including Tendo Taijin (Japan), Alexandra Nicod (Switzerland), MiodragJaksic (Serbia), and Jorge Contreras Herrera (Mexico), alongside renowned Indian authors such as Dr. Reshma Ramesh, Ashok Chakraborty, and Bijay Shankar Sur. The inaugural session at Aurus Mall saw dignitaries like Dr. Rita Chowdhury and Shankar LallGoenka, who presented special awards to international guests.…

26 Nov

Shiv Nadar University, Delhi-NCR opens admissions for 2025-26 academic year

Business BureauBusiness

Shiv Nadar University, Delhi-NCR, a distinguished Institution of Eminence, has announced the opening of admissions for the 2025-26 academic year. Applications are invited for undergraduate, postgraduate, and doctoral programs across its four schools: Engineering, Natural Sciences, Management & Entrepreneurship, and Humanities & Social Sciences. Interested candidates can apply online through the university’s admissions portal. The academic offerings include newly launched dual-degree undergraduate programs in Computer Science and Business Data Analytics, developed in collaboration with Arizona State University, USA. These programs aim to equip students with skills aligned with global industry demands. Scholarships rewarding academic excellence remain a key feature, providing…

26 Nov

Kolkata singer and Arunachal dancers shine at All-India K-POP Contest 2024 Grand Finale

Business BureauBusiness

The third edition of the All-India K-POP Contest 2024 culminated in a dazzling Grand Finale organized by LG Electronics India and the Korean Cultural Centre India (KCC). The event showcased exceptional talent and celebrated the deepening cultural ties between India and Korea. The highlight of the evening was a show-stopping performance by global K-POP sensation LUN8, whose electrifying stage presence enthralled fans. In the competitive finale, Kolkata’s Abhipriya Chakraborty triumphed in the Singing category, while The Trend, a dance crew from Itanagar, clinched the Dancing title. Both winners were awarded an all-expenses-paid trip to Korea to explore the K-POP industry.…

25 Nov

NTPC shares jump 3% on Bernstein’s ‘outperform’ call; sees 20% rally

Business CorrespondentBusiness, News

NTPC shares rose 3 per cent in morning trade on November 25 to hit Rs 377, continuing its gains for the second consecutive trading session after Bernstein maintained an 'outperform' rating on the company and raised the target price.With a target price of Rs 440, the international brokerage forecasts a 20.5 per cent upside from current market levels, citing strong power demand, lack of evening hours and the company's debt-cost advantage as key drivers.While analysts do not see any significant upside beyond these factors, they are also not expecting downside risk. NTPC shares are currently valued at 16 times FY25…

25 Nov

Air India Express increases flights from Agartala to boost regional connectivity

Business BureauBusiness

Air India Express has announced a significant increase in its flight operations from Agartala as part of its winter schedule. The airline, which introduced Agartala as a new destination in September 2024, has raised its weekly flights from 14 to 21, including enhanced frequency on the Agartala-Kolkata route. This expansion is part of the airline’s broader strategy to strengthen its presence in the Northeast region, with Agartala becoming its third destination in the region after Guwahati and Imphal. Dr. Ankur Garg, Chief Commercial Officer of Air India Express, emphasized that the increased flights would support the economic growth, trade, and…

25 Nov

NESFB Reports Strong Growth Following Merger with slice

Business BureauBusiness

North East Small Finance Bank (NESFB) has announced significant improvements in its financial stability following the merger with slice on October 27, 2024. The integration of NESFB’s banking expertise with slice’s technological advancements has resulted in a robust Capital to Risk-weighted Assets Ratio (CRAR) of 23.5% and a surge in net worth to Rs 920 crores. The bank's Net Non-Performing Assets (NNPA) have improved to 4.6%, indicating enhanced asset quality and risk management practices. Managing Director & CEO of NESFB, Mr. Satish Kumar Kalra, expressed optimism about the merger, stating it has propelled NESFB into a new era of operational…

23 Nov

Toyota Kirloskar Motor celebrates 100,000 Innova HyCross sales milestone

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has reached a significant milestone with the sale of 100,000 wholesale units of the Innova HyCross, coinciding with the vehicle's second anniversary. The Innova HyCross, celebrated for its advanced technology and exceptional comfort, has quickly gained popularity among Indian consumers since its launch in November 2022. Equipped with a 5th Generation Self-Charging Strong Hybrid Electric System, the vehicle showcases Toyota's commitment to sustainable mobility. It operates 60% of the time in electric mode, delivering a powerful yet efficient driving experience. The versatile model offers various engine options, including a robust gasoline engine and advanced hybrid technology.…

23 Nov

ManipalCigna launches ‘Sarvah’: A comprehensive health insurance for Bharat’s missing middle

Business BureauBusiness

ManipalCigna Health Insurance has launched ‘ManipalCignaSarvah,’ a health insurance plan designed to address the critical healthcare gaps in India, with a special focus on Bharat's "missing middle" population. The plan offers three tailored variants—Sarvah Pratham, SarvahUttam, and Sarvah Param—catering to diverse customer needs, from affordable essential coverage to comprehensive protection with infinite benefits. According to NITI Aayog’s report, over 35 crore Indians lack financial health protection, exposing them to catastrophic healthcare costs. ManipalCigna’sSarvah aims to fill this gap by providing unlimited coverage for critical illnesses, day-one benefits for pre-existing conditions, and innovative features like the Gullak bonus system, which guarantees…