Business News Northeast - Latest Business Northeast News & Updates

02 Dec

Akasa Air elevates travel with industry-first offerings, sets new standards for comfort and service

Business BureauBusiness

Akasa Air, India’s fastest-growing airline, is revolutionizing the aviation experience with a suite of industry-first initiatives focused on passenger comfort, convenience, and inclusivity. The airline’s unique offerings include gourmet in-flight dining, a pet-friendly policy, and innovative features like SkyBeats and QuietFlights, setting new benchmarks for customer satisfaction. Akasa Air’s commitment to excellence is embodied in its vibrant in-flight environment, featuring Boeing Sky Interiors and spacious seating. The airline has also introduced Café Akasa, offering a refreshed menu with over 45 gourmet meal options, reflecting India’s diverse culinary landscape. Akasa's customer-first approach extends to its "Pets on Akasa" service, which has…

02 Dec

Real estate and offshore betting ads dominate ASCI’s half-yearly complaints report 2024-25

Business BureauBusiness

The Advertising Standards Council of India (ASCI) has released its Half-Yearly Complaints Report for 2024-25, highlighting a surge in misleading ads, particularly in the real estate and offshore betting sectors. Between April and September 2024, ASCI reviewed 4,016 complaints and investigated 3,031 advertisements, with 98% of them requiring modifications. Real estate ads emerged as the top violator, accounting for 34% of cases, with 1,027 ads reported to Maharashtra's Real Estate Regulatory Authority (MahaRERA). Additionally, illegal offshore betting ads continued to dominate, making up 29% of flagged cases. A significant number of these ads were found on digital platforms, particularly Instagram,…

02 Dec

Maruti Suzuki sales jump 10% in November; Hyundai sales fall 7%

Business CorrespondentBusiness, News

Maruti Suzuki India on Sunday reported that its total sales in November grew 10 percent year-on-year to 1,81,531 units.The automaker had dispatched 1,64,439 units to its dealers in November last year.Total domestic passenger vehicle wholesales stood at 1,41,312 units as against 1,34,158 units in the same month a year ago, a growth of 5 percent.Sales of mini segment cars, including Alto and S-Presso, stood at 9,750 units as against 9,959 units in November 2023. The Sales of compact cars including Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR declined to 61,373 units as against 64,679 units in the same…

30 Nov

Toyota Kirloskar Motor surpasses the remarkable milestone of 1,00,000-unit sales in India

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has announced that its Urban Cruiser Hyryder has crossed the significant 1,00,000-unit sales milestone in India. Launched in July 2022, the B-SUV has captured the Indian market with its innovative hybrid technology, catering to the growing demand for environmentally sustainable vehicles. The vehicle is available in three powertrains—Self-charging Strong Hybrid Electric (SHEV), Neo Drive, and CNG—positioning it as a versatile and fuel-efficient option for a variety of customers. The self-charging hybrid powertrain, offering up to 27.97 km/l*, has been particularly well-received for its efficiency, which resonates with consumers seeking both performance and sustainability. The success of…

29 Nov

NTPC Green shares inflation on solar project news

Business CorrespondentBusiness, News

Shares of recently listed NTPC Green Energy gained 4% during today's session to hit Rs 127.55 on the BSE after the company announced successful commissioning of the first phase of the 105 MW Shajapur Solar Project having a capacity of 55 MW. In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, after successful commissioning, NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, has announced the first tranche capacity of 55 MW out of the 105 MW Shajapur Solar Project (Unit-I) at Shajapur, Madhya…

27 Nov

Bank of India completes Rs 5,000 crore bond sale, stocks progress

Business CorrespondentBusiness, News

Bank of India stock closed 3.48% higher at Rs 111.90 on the BSE. The bank's market cap stood at Rs 50,762 crore. Bank of India shares surged after the lender said it has issued long term bonds (infrastructure) worth Rs 5,000 crore on a private placement basis. Bank of India stock closed 3.48% higher at Rs 111.90 on the BSE. The bank's market cap stood at Rs 50,762 crore. A total of 4.87 lakh shares were traded on the BSE, generating a turnover of Rs 5.33 crore. The stock is neither trading in the overbought nor in the oversold zone,…

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…