Business News Northeast - Latest Business Northeast News & Updates

13 Apr

Bournvita, Other Drinks To Be Removed from ‘Health Drinks’ Category on E-commerce Sites: Centre

Business CorrespondentBusiness

The Ministry of Commerce and Industry has issued advisory for all e-commerce companies to exclude all drinks and beverages, including Bournvita, from the category of 'health drinks' from their sites and platforms. "National Commission for Protection of Child Rights, a statutory body constituted under section (3) of the commission for Protection of Child Rights (CPCR) Act, 2005 after its inquiry under Section 14 of CPCR Act, 2005, concluded that there is no "Health Drink defined under FSS Act 2006, Rules and regulations as submitted by FSSAI and Mondelez India Food Pvt Ltd," the ministry said a notification. This comes after…

13 Apr

A mesmerising display of culture was seen today at the Guwahati City Center

Business CorrespondentBusiness

A mesmerising display of culture was seen today at the Guwahati City Center through a captivating performance by 100 young artists animating the vibrant spirit of Bihu dance. The perfectly synchronised performance was on the melodic rhythm of the Bihu special song 'Sunrise Xoite Bihu Adorugoi Bola', by ITC Sunrise Spices. Composed by renowned Assamese musician Bijay Shankar Das, the music video was created exclusively to celebrate the spirit of Bihu. Sung by Ritisha Sharma, Nitul Dadhora it also features famous Assamese actor Madhusmita Dhihingya and the talented Neel Tamuly.

12 Apr

French automaker Citroen becomes 1st MNC to export EVs from India, ships ‘Made in India’ ë-C3 electric cars to Indonesia

Business CorrespondentBusiness

The automobile manufacturing French company Citroen, announced on April 11, that it has started exporting its locally manufactured e-C3 electric vehicles (EVs) from India to international markets. According to the company, this move, a first for a multinational car manufacturer in India, aligns with the country's vision of manufacturing sustainable EVs domestically for the global market and Citroen's global ambitions of democratising electric mobility. Aditya Jairaj, CEO & MD of Stellantis India, in a company statement, said, "India is not only a strategic market but also a major sourcing hub for vehicles, components, and mobility technologies within the Stellantis group.…

12 Apr

Bajaj Auto Ltd Raises the Bar with the Unveiling of the All-New Pulsar N250, a Game-Changer in Its Class

Business CorrespondentBusiness

Bajaj Auto, the world’s most valuable two-wheeler and three-wheeler company, launched the all-new flagship of the N Series – the Pulsar N250. Along with sporting the biggest engine in the Pulsar lineup, the naked streetfighter is packed with advanced features to provide an elevated and precision riding experience for customers. The Pulsar N series boasts a strong line up from Bajaj, with the N160 launched in July 2022 and the N150 in September 2023, both of which hold an enviable position in the 150-160 cc category. New ABS Ride Modes The Pulsar N250 comes equipped with three ABS ride modes:…

12 Apr

NSE issues alert: Bogus videos impersonating CEO Chauhan surface, investors urged to verify sources

Business BureauBusiness

The National Stock Exchange (NSE) has raised concerns over the proliferation of fabricated videos featuring its Managing Director and CEO, Shri Ashishkumar Chauhan, allegedly offering stock recommendations. The exchange issued a cautionary advisory, urging investors to exercise caution and verify the authenticity of information originating from credible sources. These counterfeit videos employ sophisticated technology to replicate Chauhan's voice and facial expressions, presenting false investment advice in an attempt to deceive unsuspecting investors. NSE reaffirmed its stance, clarifying that its employees are not authorized to endorse stocks or engage in similar activities. Responding to the issue, NSE has initiated measures to…

12 Apr

Samsung’s ‘Solve for Tomorrow’ Season 3 sparks hope and innovation; empowers youth voices

Business BureauBusiness

Samsung announced the third season of its heartwarming CSR initiative, 'Solve for Tomorrow,' aimed at nurturing the inventive spirit of young minds. Teaming up with FITT IIT-Delhi, the Ministry of Electronics & IT, and the United Nations in India, Samsung is on a mission to empower the next generation of changemakers. Diving into the essence of community and innovation, the 'School Track' welcomes students aged 14-17 to share their dreams and aspirations for a better tomorrow. Meanwhile, the 'Youth Track' beckons young individuals aged 18-22 to lend their voices to environmental sustainability. From April 9 to May 31, 2024, youth…

11 Apr

Royaloak Furniture launches its 168th Store in Tezpur

Business BureauBusiness

Royaloak Furniture, India’s renowned furniture brand, has further solidified its presence in Assam with the inauguration of a new store in Tezpur. With this, the brand marks an impressive 168th store opening in the country. The grand opening ceremony was honored by the esteemed presence of Mr. Vijai Subramaniam, Chairman of Royaloak Incorporation Pvt. Ltd., Mr. Mathan Subramaniam, Managing Director, Royaloak Incorporation Pvt. Ltd, and Mr. PrithirajRava, Honorable MLA, Tezpur Constituency. This expansion underscores Royaloak's commitment to providing quality furniture solutions to the people of Assam. Royaloak, a 15000 square feet store in Tezpur, offers a wide range of stylish…

11 Apr

Malabar Gold & Diamonds Makes History, Crosses Rs 50,000 Crore Annual Turnover Mark

Business BureauBusiness

Malabar Gold & Diamonds, the world's sixth-largest jewellery group and 19th-ranked brand in Deloitte's Global Ranking of Luxury Products, achieved a record annual retail global turnover of Rs 51,218 Crore in the last financial year. This remarkable growth underscores Malabar Gold & Diamonds' rapid ascent as a trusted jewellery brand worldwide. Malabar Gold & Diamonds, based in Kerala, has achieved significant success in the global jewellery industry in just three decades. The brand plans to expand its retail presence to India and overseas markets, with plans to open new stores in New Zealand, Egypt, Bangladesh, and Europe. MP Ahammed, Chairman,…

11 Apr

Tata Motors Group global wholesales at 3,77,432 in Q4 FY24

Business BureauBusiness

The Tata Motors Group global wholesales in Q4FY24, including Jaguar Land Rover**were at 3,77,432 nos., higher by 8%, as compared to Q4 FY23. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q4 FY24 were at 1,11,591 nos., lower by 6%, over Q4 FY23.Global wholesales of Tata Motorspassenger vehicles* in Q4 FY24 were at 1,55,651nos., higher by 15% as compared to Q4 FY23. Global wholesales for Jaguar Land Rover** were 1,10,190 vehicles, higher by 16%. Jaguar wholesales for the quarter were 13,528 vehicles, while Land Rover wholesales for the quarter were 96,662 vehicles.

11 Apr

Recently Elon Musk took to X to confirm that he will visit India

Ashish MajumderBusiness

Recently Tesla CEO Elon Musk took to X on Wednesday to confirm that he will visit India. “Looking forward to meeting with Prime Minister Narendra Modi in India!” which he wrote in his post. In fact earlier, reports said Musk is expected to make an announcement related to his plans to invest and open a new factory in the country. This is actually good that famous person like Elon Musk wants to come and invest in India so that everyone get benefit from it. Today India is developing very fast and globally India has lots of importance. For this reason…