Business News Northeast - Latest Business Northeast News & Updates

08 Jun

Bajaj Housing Finance files DRHP with SEBI to boost ₹7,000 Crore via IPO;

Business CorrespondentBusiness, News

Bajaj Housing Finance IPO: Bajaj Housing Finance has filed preliminary draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds of ₹7,000 Crore through its upcoming public offering. The total public issue of up to ₹7,000 Crore includes a new issue of equity shares up to ₹4,000 Crore and an offer for sale (OFS) of up to ₹3,000 Crore by the selling shareholder with a face value of up to ₹3,000 Crore. Or the parent company, Bajaj Finance limited each equity share of ₹10. The share sale is being conducted to comply with Reserve…

08 Jun

Maggi’s unique effort titled ‘Desh Ke Liye 2 Minute’

Business BureauBusiness

MAGGI has consistently made efforts to promote positive behavioral change in managing plastic waste over the years. MAGGI has introduced a wheat flour-based edible fork to enhance the taste of their MAGGI Cuppa Noodles, reducing single-use plastic usage under their 'Desh Ke Liye 2 Minute' initiative. This World Environment Day, under the same initiative, MAGGI is sharing the story of a young Nestlé executive on how she gives 2-Min for the environment. This initiative is not just aimed at educating consumers in the right way of disposing an empty MAGGI packet, but also highlighting that small steps taken every day…

08 Jun

Kaizen AgriTechs Partners with RPJ Tea Pvt Limited

Business CorrespondentBusiness

In a groundbreaking move to transform agriculture in the Northeastern region of India, Kaizen Agri Tech, RPJ Tea Pvt Ltd, and Winsome Tea Plantation Pvt Ltd are joining forces to launch a revolutionary Maize Cultivation Project in Assam. This project aims to generate significant revenue and employment opportunities in the region, while also promoting optimal land utilization. The event was graced by the presence of Mukesh Jalan – Director Kaizen Agri tech, Nishta Jalan – Founder and Partner Kaizen Agri Tech, Debajit Bairagi – Project Director Kaizen Agri Tech, Vishnu Upadhayay – Founder Jaipur Chakki and Director Winsome Tea Plantation…

08 Jun

TKM establishes its First Company Owned Toyota Used Car Outlet in New Delhi

Business BureauBusiness

Toyota Kirloskar Motor (TKM) inaugurated its First Company Owned Toyota Used Car Outlet (TUCO) in New Delhi, second in India, under the brand name of “Toyota U-Trust”. Aimed at offering customers with high-quality and safe used cars, Toyota U-Trust offers convenience, transparency, and peace of mind during the process of buying as well as selling of Toyota cars. This new facility spans over a vast 15,000 square feet with a capacity to display over 20+Toyota certified vehicles. TUCO, a retail touchpoint for buying and selling Toyota vehicles, undergoes a comprehensive 203-point inspection based on global Toyota standards. This includes a…

08 Jun

Samsung announces groundbreaking human-centric hybrid AI technology with Galaxy S24 series

Business BureauBusiness

The world is currently experiencing one of the most thrilling and historic technological moments in history. The era of mobile AI is here — which for Samsung opened up by the introduction of Galaxy AI features on the Galaxy S24 series, our first AI phone. Samsung has adopted a hybrid AI approach to integrate generative AI technology into its Galaxy S24 series, focusing on mobile devices as the primary access point for unlocking its potential. The company has also made the Live Translate feature on-device AI-based, allowing users to communicate without language barriers while ensuring every communication is safe and…

08 Jun

Samsung India announces 2024 lineup of Odyssey OLED, ViewFinity and Smart Monitors with AI-powered features

Business BureauBusiness

Samsung has unveiled its 2024 Lineup of Odyssey OLED gaming monitors, Smart Monitors, and ViewFinity monitors, featuring advanced AI capabilities for enhanced user experience. The Odyssey OLED G6, and the Smart Monitor lineup heightens joy with more enhanced entertainment features, while the Smart Monitor M8 powered by AI and the ViewFinity lineup boosts connectivity to create a complete workstation. The Odyssey OLED G6 is a 27" QHD monitor allow gamers to keep up with fast-paced gameplay. It features Samsung OLED Safeguard+, a proprietary burn-in protection technology that applies a pulsating heat pipe to the monitor. Mr. Puneet Sethi, Vice President,…

08 Jun

Turkish Airlines soars into sustainability with “Tomorrow On-Board” launch

Business BureauBusiness

Turkish Airlines has announced its ambitious sustainability brand, “Tomorrow On-Board,” on June 5, coinciding with World Environment Day. The launch event, held at Istanbul Airport, showcased a variety of sustainable in-flight products and services, alongside an exhibition of items crafted from repurposed aircraft parts. The “Tomorrow On-Board” initiative highlights Turkish Airlines’ future-oriented sustainability goals and integrates these principles into its corporate culture. The initiative aims to enhance the airline’s brand image, provide a cohesive message for sustainability efforts, and engage both passengers and investors in its eco-friendly mission.Chief Investment & Strategy Officer, Mr. Levent Konukcu, emphasized the airline’s dedication to…

08 Jun

Hero MotoCorp Sets New Standard with 100% Zero-Waste-to-Landfill Status

Business BureauBusiness

Hero MotoCorp has achieved a significant milestone in sustainability. All eight of its facilities in India, including six manufacturing plants, have been certified as 'Zero-Waste-to-Landfill' (ZWL) by M/s Intertek India Pvt. Limited. The announcement was made on World Environment Day by Niranjan Gupta, CEO of Hero MotoCorp."Sustainability is integral to our operations," Gupta stated. "Our zero-waste-to-landfill policy reflects our commitment to the environment alongside delivering quality and fuel-efficient products." Hero MotoCorp's ZWL initiative addresses India's ongoing challenges with solid waste management. Gupta highlighted the detrimental impacts of overflowing landfills in mega cities, which pose health risks and environmental threats. "As…

07 Jun

India’s biggest packaged water company proposes framework to establish water credits for the beverage industry

Business CorrespondentBusiness

Bisleri International, India's leading mineral water company along with the TERI School of Advanced Studies has started an innovative study titled " Water Credits: Impact-Adjusted Virtual Water Footprint". This joined effort sets a benchmark for the beverage industry's commitment to water conservation. The study aims to set up a framework for water credits, akin to carbon credits, to upgrade sustainable water management. Unlike carbon emissions, water savings need a localized approach, factoring in variables such as rainfall and consumption at a watershed level. The study analyses the overall water footprint of the beverage industry, providing a comprehensive understanding of water…

07 Jun

Silchar’s rising stars: AESL’s NEET UG 2024 top scorers shine bright

Business BureauBusiness

In a tale of triumph and dedication, four students from Silchar have etched their names in the annals of academic excellence by securing top scores in the NEET UG 2024 examination. Diptendra Acharjee, Debojit Shaw, Jagatjyoti Dutta, and Muhit Das Gupta have not only surpassed the coveted 660 mark but also achieved notable All India Ranks (AIR), as declared by the National Testing Agency (NTA). Their journey to success is intertwined with the unwavering support and guidance provided by Aakash Educational Services Limited (AESL). Enrolled in AESL's renowned classroom program, these students embarked on a transformative learning experience, mastering intricate…