Business News Northeast - Latest Business Northeast News & Updates

23 Oct

Onion prices upgrade ahead of Diwali due to heavy rains and supply problems

Business CorrespondentBusiness, News

The price of onion in retail markets is currently between Rs 60-80 per kg and is expected to remain high till Diwali. The surge in onion prices is mainly due to heavy rains in major onion producing states like Maharashtra, Karnataka, Telangana and Andhra Pradesh, which have damaged crops and disrupted supplies.As a result, prices of onions, tomatoes and edible oils contributed to September inflation reaching a nine-month high, and food inflation is expected to remain elevated in October, according to a report by The Economic Times.Onion prices at Lasalgaon wholesale market in Nashik have been fluctuating between Rs 45-50…

23 Oct

Kalyan Jewellers expands footprint in West Bengal with new Asansol showroom inauguration

Business BureauBusiness

Kalyan Jewellers, one of India’s largest jewellery brands, celebrated the launch of its latest showroom in Asansol, inaugurated by Bollywood star Sonakshi Sinha. This marks the brand’s ninth showroom in West Bengal, reflecting its strategic expansion in the region. The grand opening attracted a significant crowd, showcasing a wide range of Kalyan Jewellers’ exquisite collections. Sinha, addressing the audience, expressed her enthusiasm, stating, “It is an honour to represent a brand that stands firm on trust and transparency. I am confident patrons will enjoy the exceptional shopping experience here.” Timed with the festive season of Dhanteras, Kali Puja, and Diwali,…

23 Oct

A grand special Handloom Expo in Kolkata

Business BureauBusiness

A grand special Handloom Expo has been held in Kolkata from 22 October 2024 to 28 October 2024. The event is being organized by the National Design Centre (NDC) in collaboration with the Development Commissioner (Handlooms), Ministry of Textiles, Government of India. The venue for this grand event will be Biswa Bangla Exhibition Centre, New Town, Kolkata, and the expo will be open daily from 11 a.m. to 8 p.m. More than 75 handloom weavers, self-help groups (SHGs), and cooperatives are participating in this expo. Here one will get a glimpse of the unique weaves and traditional textile art of…

23 Oct

Byatikram to honor Sachin Dev Burman with Lifetime Achievement Award for Zubeen Garg in Guwahati

Business BureauBusiness

Byatikram, a leading socio-cultural organization in the North East, is set to commemorate the death anniversary of iconic music composer Sachin Dev Burman on October 28, 2024, at the Pragjyoti ITA Center in Machkhowa, Guwahati. Supported by the Information and Cultural Affairs Department of Tripura, the event will begin at 5 PM. The evening will feature the prestigious "S D Burman Memorial Byatikram Lifetime Achievement Award 2024," to be conferred upon celebrated Assamese musician Zubeen Garg. Expressing his gratitude, Garg stated, “Like Dr. Bhupen Hazarika, Sachin Dev Burman is the pride of the North East. It is an honor for…

23 Oct

Avon India launches “I Am Shakti” campaign to empower women entrepreneurs

Business BureauBusiness

As Durga Puja transitions into Diwali, Avon India proudly unveils its “I Am Shakti” campaign—a tribute to the remarkable women who embody the divine strength of goddesses Durga and Lakshmi. This campaign celebrates the resilience, leadership, and determination of Avon representatives who, like these deities, possess qualities of strength and prosperity. Through “I Am Shakti,” Avon highlights the inspiring stories of women who have not only supported the brand but also transformed their own lives and communities. These women reflect the power of Durga’s courage and Lakshmi’s abundance, showcasing the impact of their journeys on others. Snigdha Suman, GM Marketing…

23 Oct

Toyota Kirloskar Motor launches Toyota Glanza ‘Festival Limited Edition’

Business BureauBusiness

Marking the festive spirit, Toyota Kirloskar Motor has announced the introduction of ‘Festival Limited Edition’ of the Toyota Glanza. Customers can now enjoy exclusive dealer-fitted Toyota Genuine Accessory (TGA) packages, designed to elevate their driving experience with enhanced style, performance and comfort of the Glanza during this festive period. Celebrated for its advanced technology, sleek design, and high fuel efficiency, since 2019, the limited-edition Toyota Glanza comes equipped with 13 exclusive TGA Package, worth ₹20,567. The vehicle features standout elements like premium chrome and black body side moulding, back door garnish chrome, and ORVM garnish chrome. Mr. Sabari Manohar –…

23 Oct

PepsiCo India in collaboration with The Social Lab led the 6th edition of the Plog Run

Business BureauBusiness

PepsiCo India, in collaboration with The Social Lab (TSL), organized the 6th edition of the Plog Run in Howrah, West Bengal, to promote sustainable practices under the Government of India’s Swachh Bharat Mission. The event was flagged off at Poly Park, Dhulagarh, by Gaurav Kumar, Plant Head - Kolkata, PepsiCo India, and saw participation from over 200 volunteers who collected more than 360 kg of waste. The initiative was supported by Smt. Amrita Burman Roy, SDO, Sadar, Howrah District, and Shri Buddhadeb Banerjee, Deputy GM, District Industrial Centre, Howrah. The collected waste will be segregated and recycled, contributing to cleaner…

22 Oct

Ola Electric shares jump 4%, 99% customer complaints resolved before deadline

Business CorrespondentBusiness, News

Shares of Ola Electric Mobility made a strong debut on the stock market and rose 4 per cent to Rs 85.3 on October 22. This after the company announced that it has resolved about 99.1 percent of the 10,644 complaints received from the Central Consumer Protection Authority (CCPA).In a document filed with the stock exchange, the company highlighted its robust complaint redressal system, with CFO Harish Abichandani saying, "10,644 complaints received from CCPA were resolved to the complete satisfaction of the customers."The announcement comes just ahead of the CCPA's October 22 deadline. On October 7, the agency issued a show-cause…

21 Oct

Forvia shares upgrade as it strikes new supply deals with Xiaomi and BYD: Report

Business CorrespondentBusiness, News

France-based car parts supplier Forvia said on Monday it had struck new deals with BYD and Xiaomi, sending its shares up 10%, Reuters reported.Forvia hopes its new contracts with Chinese manufacturers will help it meet waning auto demand from domestic manufacturers, Newswire reported. It has also struck deals with Chinese auto makers Li Auto and Chery, Newswire reported."Xiaomi is now one of the major telcos entering the EV and car market, and it's great that we are able to expand our reach to Chinese manufacturers with the latest products," Forvia's finance chief Olivier Durand said at an investor conference.The company…

21 Oct

Mental wellbeing paradox: Survey reveals challenges in therapy acceptance

Business BureauBusiness

With mental health conversations gaining traction, ITC’s ‘Feel Good With Fiama Mental Wellbeing Survey 2024’marks its 4th year by exploring the perceptions and realities of mental health in India. Commissioned with NielsenIQ, the survey unveils the awareness, attitude and behavioural landscape for mental wellbeing in India. It reflects progressiveness in acknowledging the need for mental wellbeing while also indicating the persistent barriers in accessing professional support. Despite growing awareness, many individuals still struggle in silence, hesitant to openly discuss their emotional well-being or seek professional help. While 83% of the surveyed individuals believe mental health issues are nothing to be…