Business News Northeast - Latest Business Northeast News & Updates

30 Sep

Godrej Agrovet advocates balanced nutrition for Aqua farmers at Mega Meet

Business BureauBusiness

Godrej Agrovet recently held a Mega Farmer’s Meet in South Dinajpur, emphasizing the crucial role of balanced nutrition in the prosperity of aquafarmers. As aquaculture evolves from traditional practices to research-driven commercial farming, the company showcased its state-of-the-art aqua feed manufacturing plants, equipped with quality assurance labs and an R&D center. Dhrubajyoti Banerjee, CEO of Godrej Agrovet's Aqua Feed Business, stated, “The demand for freshwater fish is surging in India. Our aim is to provide farmers with comprehensive solutions that align with this growth.” He highlighted that with 60% of a farmer's production cost reliant on feed, their quality offerings…

30 Sep

Shikshagraha taps AWS cloud to transform public education in India

Business BureauBusiness

Shikshagraha, a national movement aimed at transforming one million public schools by 2030, has partnered with Amazon Web Services (AWS) to drive its mission using cloud technology. Shikshagraha seeks to enhance education quality across India by fostering collaboration among government bodies, civil society organizations, and local communities. It aims to impact 40 million children across 100 districts through a micro-improvement approach. The initiative, active in states like Arunachal Pradesh, Assam, and Tamil Nadu, uses AWS for scalable and secure cloud infrastructure to support school improvement programs. AWS tools will help streamline the process by hosting a repository of best practices,…

30 Sep

HCG Cancer Centre Kolkata achieves milestone with Eastern India’s first Robotic Whipple surgery

Business BureauBusiness

HCG Cancer Centre, Kolkata, has made history by performing Eastern India's first robotic Whipple (pancreaticoduodenectomy) surgery on a 60-year-old male patient. This groundbreaking procedure reaffirms the center’s status as the sole facility in Eastern India offering both traditional and robotic options for this complex surgery. Led by Dr. Sujoy Kumar Bala, the surgery utilized the advanced da Vinci robotic system, allowing for smaller incisions and enhanced precision. The patient, who was diagnosed with periampullary cancer following symptoms of anemia and abdominal pain, benefitted from the minimally invasive approach. Dr. Bala highlighted the surgery's advantages, stating, "The robotic system's 3D view…

30 Sep

Mortein launches India’s first 2-in-1 spray for comprehensive pest control

Business BureauBusiness

Mortein, a renowned name in pest control, has unveiled its innovative product—Mortein 2-in-1, India’s first dual-action spray that promises 100% kill on both mosquitoes and cockroaches. The new campaign, titled ‘Bacche Bacche Ko Pataa Hai’, aims to address rising health concerns among Indian families, especially during the monsoon season when pests are prevalent. Saurabh Jain, Regional Marketing Director at Reckitt, emphasized the need for a product that caters to households battling both mosquitoes and cockroaches. “Most pest spray users choose products designed for either mosquitoes or cockroaches, leaving them vulnerable. Our 2-in-1 solution ensures comprehensive protection for Indian homes,” he…

28 Sep

PNB gain Rs 5,000 crore through QIP issue

Business CorrespondentBusiness, News

New Delhi: Public sector Punjab National Bank (PNB) has raised Rs 5,000 crore by issuing equity shares to qualified institutional investors.PNB said in a statement that, The bank allotted around 48.19 crore equity shares at an issue price of Rs 103.75 per share, which was at a discount of 4.96 percent to the floor price of Rs 109.16 per share.The bank said its QIP issue is open for subscription from September 23 to 26, 2024.The bank said that "The Bank received bids of Rs 41,734 crore for the QIP issue from qualified institutional buyers (QIBs), including mutual funds, foreign portfolio…

28 Sep

Tata AIA announces NIFTY Alpha 50 Index Fund to drive growth and protection

Business BureauBusiness

Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India's leading life insurers, has introduced Tata AIA NIFTY Alpha 50 Index Fund through its unit linked insurance products, which is an open-ended New Fund Offering (NFO) with an alpha investing strategy to benefit from potential growth while securing their loved ones with the protection of a life insurance cover. The NFO will remain open until September 30th, 2024, with units offered at an NAV of Rs. 10 per unit during the NFO period. The fund will focus on high performing stocks i.e. the top 50 performing stocks that constitute…

28 Sep

Shopsy announces Big Billion Days trailer sale, boost festive shopping in Bharat

Business BureauBusiness

Shopsy, Flipkart’s rapidly growing hyper-value e-commerce platform, is amplifying the festive spirit with its Big Billion Days Trailer Sale, running from September 20 to 26. Following the success of the Grand Shopsy Mela, which saw record user engagement, this trailer offers early access to discounts on over 10 million products. The sale features enticing offers, including over 50% discounts and daily Re. 1 deals on lifestyle and accessories. Business Head Prathyusha Agarwal emphasized Shopsy's commitment to inclusivity, stating, “We aim to ensure that budget constraints do not hinder families from enjoying the festivities.” With increasing demand from tier 2 and…

28 Sep

ICICI Prudential launches Signature Pension to boost retirement savings

Business BureauBusiness

ICICI Prudential Life Insurance has launched ‘ICICI Pru Signature Pension’, a market linked pension product enabling customers to build a cost and tax efficient retirement fund. Retirement planning is a crucial activity and a must for all customers to be financially independent. This unique product helps customers to effectively plan for both the accumulation and income generation phases of retirement planning. Market linked retirement savings plan with the option of upto 100% equity exposure. Tax-free withdrawal of up to 60% of the fund value. Flexibility to make partial withdrawals to meet unexpected financial needs. Waiver of premium add-on benefit ensures…

28 Sep

Toyota Kirloskar Motor’s modified Hilux pioneera the future of mobility at Himtech 2024

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has showcased special-purpose Hilux (modified with the support of an authorized external vendor) at the Himtech 2024 symposium, organized by the Indian Army jointly with FICCI (Federation of Indian Chambers of Commerce & Industry). Moving towards the national goal of “Raksha Atamanirbharta’, and to provide the defense forces with access to the best equipment and solutions available, these two organizations (Indian Army & FICCI) have collaborated for "HIMTECH 2024" with an emphasis on utilizing military technology for high altitude areas (HAA). The event, held at the Rinchen Auditorium Grounds, Leh, Ladakh, on 20th and 21st September…

27 Sep

Byatikram MASDO celebrates women’s safety with a tribute to Bandana Baruah

Business BureauBusiness

In a tribute to the late social worker Bandana Baruah, Byatikram MASDO hosted a day-long event, "Ensuring Safety of Women: A Call to Action," at NEDFi Hall. The event, attended by leaders from various fields, highlighted the pressing issue of women’s safety and empowerment. The program began with an emotional tribute from Smt. Krishna Baruah, Deputy Commissioner of Baksa, who honored her mother’s legacy. “My mother worked tirelessly for the safety and empowerment of women. I’m grateful to Byatikram for recognizing her contributions,” she said. Byatikram MASDO advisor and singer Manisha Hazarika announced that starting next year, an annual award…