Business News Northeast - Latest Business Northeast News & Updates

02 Oct

Royal Enfield sales gain 11% to 86,978 units in September

Business CorrespondentBusiness, News

New Delhi: Motorcycle maker Royal Enfield on Wednesday said its total wholesales grew 11 per cent year-on-year to 86,978 units in September.The company had dispatched 78,580 units in September 2023.Sales in the domestic market grew 7 per cent to 79,326 units from 74,261 units in the same period last year, Royal Enfield said in a statement.Exports rose from 4,319 units in September last year to 7,652 units last month.B Govindarajan, CEO, Royal Enfield said, “We have registered consistent growth in the month of September owing to our recent launches. The 2024 Classic 350 continues to solidify its iconic status and…

02 Oct

Johnson’s® baby, the pioneer in baby skin care launches its latest television campaign

Business BureauBusiness

Johnson’s® baby, a pioneer in baby skincare, has launched its latest television campaign titled ‘Irresistible Cheeks’ under the broader campaign 'Protection Pehle Din Se'*. Featuring Bollywood’s popular father-daughter duo Anil and Sonam Kapoor, the film highlights Johnson’s promise to protect from day 1 with its iconic moisturising cream designed with purposeful ingredients and tested by doctors. https://youtu.be/n8Sm1Kti_FE DDB's new film features Anil Kapoor as a doting grandfather, engaging in a playful acting face-off with a baby, who resists and performs an act every time his cheeks are pulled. Sonam Kapoor steps in revealing the secret to the baby’s soft and…

01 Oct

Adani Airports to upsurge Rs 1,950 crore via NCDs

Business CorrespondentBusiness, News

Mumbai Adani Airport Holdings is raising Rs 1,950 crore through non-convertible debentures (NCDs) with the primary objective of providing inter-company loans to various airports, including Ahmedabad, Lucknow, Mangalore, Jaipur, Guwahati and Thiruvananthapuram.The NCDs with a coupon rate of 9.35% per annum will primarily cover payments made to the Airports Authority of India relating to prior period regulatory assets approved by the Airports Economic Regulatory Authority of India (AERA).The NCDs have received A+/Stable rating from both India Ratings and Crisil Ratings. Axis Bank and Trust Investment Advisors Pvt are the organisers of the issue which will open on September 30, 2024…

01 Oct

30 entrepreneurship development centres launched at Skill Development Conclave 2024: Empowering the Northeast

Business BureauBusiness

In a pivotal development for the northeastern region, Hon’ble Minister Jayant Chaudhary unveiled 30 Entrepreneurship Development Centres (EDCs) during the Northeast Skill Development and Entrepreneurship Conclave 2024 at IIM Shillong. This initiative by the Ministry of Skill Development and Entrepreneurship (MSDE) aims to drive regional cooperation and empower local youth through skill development and entrepreneurship under the "Act First for Northeast" campaign. Minister Chaudhary emphasized the region's potential, stating, “Our North-Eastern States have experienced a resurgence, reclaiming their position of prominence.” The conclave highlighted the need for a robust framework tailored to the region’s unique challenges, advocating for ITI upgradation…

01 Oct

TKM reaffirms its commitment to environmental sustainability

Business BureauBusiness

Marking the World Environment Health Day, Toyota Kirloskar Motor (TKM) has reaffirmed its long-standing commitment to environmental sustainability. Over the years, TKM has consciously adopted sustainable business practices and transforming from a carmaker to a mobility company. Keeping with its principle of ‘Respect for the Planet’, Toyota globally announced the ‘Toyota Environmental Challenge 2050’ (TEC 2050) in October 2015, comprising six environmental challenges. The first set of 3 challenges focuses on achieving carbon neutrality from our products, and its entire value chain including the manufacturing activities. The latter 3 challenges aim to create a net positive impact. Aligning with the…

01 Oct

Flipkart launches B2B app to empower sellers of refurbished products

Business BureauBusiness

Flipkart, India’s homegrown ecommerce marketplace’s group company, has announced ‘Flipkart Reset for Business’, a dedicated mobile app designed to empower small and big sellers of refurbished products across the country to reach last-mile customers. The platform offers a user-friendly interface for a hassle-free experience with a vast selection of quality-assured refurbished smartphones and accessories. It aims to empower a wider network of sellers with an organized refurbished products market, promote the use of refurbished products, and contribute to building a more sustainable circular economy. Flipkart Reset for Business offers quality and warranty benefits and a wide selection of refurbished phones…

01 Oct

Glenmark and API announces “National BP Screening Day” to tackle hypertension in young adults

Business BureauBusiness

Glenmark Kicks Off Nation-wide Initiative at the Iconic Gateway of India to Promote Home Blood Pressure Monitoring Starting at Age 18. Glenmark Pharmaceuticals Limited (Glenmark), a research-led, global pharmaceutical company, and a leader in cardiovascular disease management, launched the “Take Charge @18” movement at the Gateway of India. This Hypertension Awareness initiative emphasizes the critical importance of early blood pressure monitoring beginning at age 18. The Association of Physicians of India (API) has designated the 18th of every month as “Take charge at 18 – BP Screening Day” encouraging all adults to prioritize regular blood pressure checks to protect heart…

01 Oct

Flipkart’s Big Billion Days 2024 kicks off India’s festive season

Business BureauBusiness

Flipkart, India’s homegrown e-commerce marketplace, has launched the 11th edition of its highly anticipated The Big Billion Days (TBBD) 2024 on September 27, with early access beginning on September 26 for Flipkart VIP and Plus customers. Over 33 crore user visits were recorded on Flipkart during Early Access and Day 1 combined, reflecting festive enthusiasm from shoppers from across India. Early trends suggest a promising festive season ahead, with growing demand being observed across Mobiles, Food & Nutrition and Grooming categories. Mobiles, Appliances, Fashion, BGM (Beauty and General Merchandise), Electronics and Home continue to be preferred choices for customers across…

01 Oct

CARE Health Insurance calls for prioritizing health insurance amid rising cardiovascular risk

Business BureauBusiness

Care Health Insurance is urging young Indians to prioritize health insurance amid a troubling rise in cardiovascular disease (CVD) cases. A report from The Lancet reveals that India's age-standardized death rate due to CVD is 282 per 100,000, significantly exceeding the global average of 233. Furthermore, India’s disability-adjusted life years (DALY) rate is 1.3 times higher than the global figure, indicating a pressing health crisis. Mr. Ajay Shah, Head of Distribution at Care Health Insurance, remarked, “Heart ailments, once primarily affecting older populations, are now increasingly common among young adults due to factors like sedentary lifestyles and poor dietary habits.”…

30 Sep

Ola Electric shares lapse 4%; lapse below Rs 100 for first time since listing

Business CorrespondentBusiness, News

Shares of Ola Electric Mobility declined over 4 per cent on September 30, pushing the stock below the Rs 100 mark for the first time since its listing on the bourses. Moreover, the stock has been in the red in 12 of the last 14 sessions.According to this, it has fallen by more than 16 percent in the last one month. At 12.22 pm, Ola Electric Mobility shares were trading at Rs 98.80 on NSE.The company recently launched its 'Network Partner Program' to expand EV penetration in tier-2 and tier-3 cities. Ola Electric has already onboarded 625 partners to expand…