Business News Northeast - Latest Business Northeast News & Updates

17 Sep

Tata Motors decay 3% after block deal; stock down over 11% in a month

Business CorrespondentBusiness, News

Tata Motors Share Price NSE, Tata Motors Block Deal: Tata Motors shares fell by 2.87% to ₹ 959.70 per share on the BSE on Tuesday, September 17, amid reports that around 1.9 crore shares representing 0.4% stake in the company changed hands at ₹ 970 per share in the block deal window. The deal size was reported to be ₹ 1,758 crore.Pursuant to the scheme of arrangement, TML Securities Trust sold over 1.14 crore new ordinary shares (NOS) on the stock exchanges for distribution of fractional share entitlements as well as tax liabilities.Tata Motors shares have seen volatility recently. The…

16 Sep

ACKO ventures into life insurance with innovative flexi term plan

Business BureauBusiness

ACKO Tech, the parent company of ACKO General Insurance, has launched its new arm, ACKO Life Insurance, with a groundbreaking Flexi Term Life Insurance Plan. The introduction marks ACKO's entry into the life insurance sector, promising to transform how protection is approached. The Flexi Term Life Insurance Plan is designed to offer comprehensive coverage and adaptability. Key features include customizable coverage amounts, flexible policy durations, and the ability to modify riders such as critical illness or accidental death coverage. Notably, the plan introduces a Digital Will feature, enabling users to securely create and update their wills online. In Kolkata, the…

14 Sep

Maruti Suzuki launches epic new Swift S-CNG, set new standards in fuel efficiency

Business BureauBusiness

Maruti Suzuki India Limited (MSIL) has launched the Epic New Swift S-CNG, offering an impressive fuel efficiency of 32.85 km/kg, making it the most fuel-efficient hatchback in its segment. The Swift S-CNG comes in three variants: V, V(O), and Z, all equipped with a 5-speed manual gearbox. This new model continues the Swift's sporty legacy with a bold design and a Z-series Dual VVT engine that delivers maximum torque of 101.8 Nm @ 2900 rpm. Agartalais expected to show strong demand for the Swift S-CNG, as the region has seen a growing preference for fuel-efficient, eco-friendly vehicles. The availability of…

14 Sep

Tata AIA achieves top 6 global MDRT ranking with record number of qualified advisors

Business BureauBusiness

Tata AIA Life Insurance has reached a significant milestone, securing the 6th position in the global Million Dollar Round Table (MDRT) rankings for 2024. With 2,584 MDRT-qualified advisors, the company has demonstrated exceptional growth, marking a 30.64% increase in the number of qualified advisors compared to the previous year. Notably, Tata AIA leads in India with the highest number of MDRT-qualified female advisors, totaling 1,238, placing it 7th globally among companies with female MDRT members.MDRT, renowned as the premier global association for financial professionals, acknowledges members who exhibit outstanding professional knowledge and ethical standards. This recognition underscores Tata AIA’s commitment…

13 Sep

Nothing expands service network in India ahead of festive season

Business BureauBusiness

London-based tech brand Nothing, India's fastest-growing smartphone company, has announced a major expansion of its service centre network ahead of the festive season. The brand, which saw a remarkable 567% growth in H1 2024, aims to enhance customer support nationwide. Nothing India will open two new exclusive service centres in Hyderabad and Chennai in October, bringing the total to five.The priority desks in Kolkata and Gurgaon are already operational and new priority desks are coming up in Cochin, Ahmedabad and Lucknow. This expansion aims to provide seamless and efficient service, with pickup and drop options available across 18,000 pin codes.Kolkata…

12 Sep

India’s retail inflation to upgrade to 3.65% in August 2024

Business CorrespondentBusiness, News

New Delhi, September 12 (Language) Retail inflation rose to 3.65 percent in August, according to official data released on Thursday, although the prices of vegetables and pulses recorded a double-digit increase.However, retail inflation based on the Consumer Price Index (CPI) remained below the Reserve Bank's average target of 4 percent for the second consecutive month. It was at a five-year low of 3.6 percent in July. Core inflation was 6.83 percent in August 2023."The year-on-year inflation rate (3.65 percent) based on the All-India Consumer Price Index (CPI) for the month of August, 2024 is the second lowest in the last…

12 Sep

TCS announces 25th Edition of Rural IT Quiz to foster tech awareness in smaller towns

Business BureauBusiness

The 2024 edition of Tata Consultancy Services’ iconic quiz aims to raise awareness amongst students from smaller towns and districts across India. Now in its silver jubilee year, the program is recognized by the Limca Book of Records as the first IT Quiz for rural students in India and has grown into one of the largest IT quizzes in the country, engaging over 21 million students so far. Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, and the Department of Electronics, IT, BT and Science and Technology, Government of Karnataka,…

11 Sep

Godawari Electric Motors is excite to unveil the eblu Cety on World EV Day

Business BureauBusiness

Godawari Electric Motors, a leader in electric vehicle innovation, is excited to unveil the eblu Cety on World EV Day, a new auto shaped e-rickshaw that promises to redefine urban mobility. Priced at INR 1,99,999/- ex-showroom, the eblu Cety is designed to cater to the growing demand for sustainable and efficient urban transport solutions. With a seating capacity that comfortably accommodates a driver and four passengers, the eblu Cety is an ideal choice for navigating the bustling city streets. The eblu Cety's dimensions are thoughtfully designed, with a wheelbase of 2170mm, an overall width of 993mm, an overall length of…

11 Sep

LG Electronics announces Braille AC Remote Cover to empower the visually impaired

Business BureauBusiness

LG Electronics has launched its first-ever Braille AC Remote Cover, a product designed to assist visually impaired individuals in independently operating LG air conditioners. The innovative cover was unveiled at an event attended by representatives from the National Association for the Blind (NAB) and LG executives. The Braille AC Remote Cover marks a significant step in LG’s commitment to accessible technology. Speaking at the event, Mr. Youngmin Hwang, Director of Home Appliances & Air Conditioner at LG India, emphasized the company's vision of inclusivity, stating, "We aim to ensure that all individuals, including those with disabilities, can enjoy our products…

11 Sep

Aviva India launches innovative retirement plan with growing income benefits

Business BureauBusiness

Aviva Life Insurance has introduced its latest offering, the Aviva Signature Increasing Income Plan, designed to redefine retirement security. This new Non-Linked, Non-Participating Life Insurance Savings Plan promises a robust, inflation-proof income stream, featuring a 15% increase in income every third year throughout the policyholder's life. In an era marked by rising life expectancy and living costs, the Aviva Signature Increasing Income Plan stands out by addressing these financial pressures head-on. The plan ensures a guaranteed, lifelong income until the age of 100, adjusting payouts to counteract inflation and preserve purchasing power. Additionally, it provides a return of 105% of…