Business News Northeast - Latest Business Northeast News & Updates

02 Jul

Turkish Airlines triumphs again as ‘Most Sustainable Flag Carrier Airline’ in 2024

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Turkish Airlines, the national flag carrier of Türkiye, continues to set an example in the aviation sector with its pioneering sustainability initiatives. Once again, Turkish Airlines has been honored with the “Most Sustainable Flag Carrier Airline” award by World Finance, marking the prestigious recognition for the third consecutive year. Turkish Airlines is addressing climate crisis challenges by implementing voluntary carbon offset platforms, Sustainable Aviation Fuel (SAF), sustainable in-flight products, waste management practices, and a sustainable travel experience for its passengers. Turkish Airlines has been awarded the Most Sustainable Flag Carrier Airline award for the third consecutive year, demonstrating its commitment…

02 Jul

Magenta Mobility and Tata Motors strengthen alliance with deployment of 100+ Tata Ace EVs

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Magenta Mobility, an integrated electric mobility solutions provider, solidifies its partnership with Tata Motors, India's largest commercial vehicle manufacturer, with the deployment of over 100 units of Tata Ace EV which include over 60 units of Ace EV and over 40 units of the recently launched Ace EV 1000. This deployment is part of the MoU inked between the two entities in October 2023, which targeted 500 units of the revolutionary Tata Ace EV. The Ace EV, powered by an EVOGEN powertrain, offers a 7-year battery warranty and a 5-year comprehensive maintenance package. It features a 27kW motor with 130Nm…

02 Jul

FDA approves Altria’s Njoy menthol E-cigarettes

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The FDA has granted approval for the first menthol-flavored electronic cigarettes for adult smokers, authorizing four products from Njoy, recently acquired by Altria. This decision aims to support adult smokers in transitioning from traditional cigarettes, which are linked to 480,000 deaths annually in the U.S. The FDA’s approval marks a significant endorsement for the vaping industry, which claims its products can reduce the harm caused by traditional smoking. Njoy’s menthol e-cigarettes include two reusable cartridge-based products and two disposables. However, parent groups and anti-tobacco advocates have criticized the move, fearing it may exacerbate youth vaping.“This decision could mean we’ll never…

01 Jul

Beauty & wellness sector targets 3 crore jobs by 2030: Minister Jayant Chaudhary

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To empower and encourage the youth aspiring to excel in the Beauty & Wellness sector, Shri Jayant Chaudhary, Union Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), met and congratulated all the 270 candidates who have been certified under PMKVY 4.0 and various CSR projects under Skill India. This was at the 3rd convocation ceremony organized by the Beauty and Wellness Sector Skill Council (B&WSSC) which has till now trained more than 13 lakh candidates under the mission. The event took place at the Indian Habitat Centre, New Delhi, and was attended by prominent dignitaries including…

01 Jul

Tata Motors partners with Bajaj Finance for nationwide commercial vehicle financing

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Tata Motors, India's largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Bajaj Finance Ltd., part of Bajaj Finserv Ltd., one of the country’s largest financial services groups. Bajaj Finance will offer financing solutions across the entire commercial vehicle portfolio, and customers will benefit from the company’s wide reach, competitive interest rates, flexi loan and digitally-enabled loan processing. Tata Motors has partnered with Bajaj Finance to offer commercial vehicle financing, leveraging the transportation sector's potential. Bajaj Finance prioritizes customer centricity and offers convenient financing solutions to enhance their ownership experience. Their partnership with Tata Motors demonstrates this…

01 Jul

Tata Motors accelerates growth trajectory, announces strategic Demerger at 79th AGM

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Tata Motors is embracing changes from a strong position, despite global geo-political issues and military conflicts. Central banks' coordinated actions have moderated inflation, but absolute price levels remain high. The economic scenario is expected to stabilize, with global growth estimated at around 3% in the next few years. The Chairman of Tata Motors, in his speech at the 79th AGM, expressed confidence in the company's ability to embrace structural shifts such as the energy transition to green mobility, supply chain rebalancing for resilience, and digital acceleration with the rise of Artificial Intelligence and Machine Learning. These changes are expected to…

01 Jul

Hero MotoCorp announces up to Rs. 1,500 price hike on motorcycles and scooters

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Hero MotoCorp, India's largest two-wheeler manufacturer, has announced a forthcoming increase in prices across select models of motorcycles and scooters, effective July 1, 2024. The revision aims to mitigate the impact of rising input costs, with the price adjustments anticipated to be up to Rs. 1,500 per unit. The decision comes in response to escalating costs of raw materials and operational expenses, necessitating a strategic adjustment to maintain profitability and operational efficiency. Hero MotoCorp has clarified that the extent of the price hike will vary by specific model and market conditions. In a statement released today, Hero MotoCorp emphasized its…

01 Jul

In honor of founder Dr. Brijmohan Lall Munjal, Hero MotoCorp has launched ‘The Centennial’ motorcycle

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Hero MotoCorp, the world's largest motorcycle and scooter manufacturer, is paying tribute to its visionary Founder Chairman, Dr. Brijmohan Lall Munjal, with the collector's edition motorcycle, 'The Centennial.' Deliveries of ‘The Centennial’ will begin in September 2024. 'The Centennial' was conceptualised, designed and developed by the global experts at the Hero Centre for Innovation and Technology (CIT) in India and the Hero Tech Centre in Germany (TCG). This masterpiece reflects the company's commitment to innovation and excellence. With only 100 meticulously handcrafted units, it embodies premium performance and craftsmanship. The company is set to auction off bikes in honor of…

01 Jul

Bandhan Bank launches online direct tax collection nationwide

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Bandhan Bank today announced the launch of its online direct tax collection service, expanding its reach to customers and non-customers across India. Utilizing the TIN 2.0 platform of Income Tax, the bank now offers a seamless method for paying direct taxes online. As an RBI-appointed agency bank, Bandhan Bank also provides offline tax payment services through its extensive network of over 1,700 branches. With this new service, Bandhan Bank customers can pay their direct taxes quickly and conveniently using the bank's Retail Internet Banking, Corporate Internet Banking, and Payment Gateway, which supports debit cards, credit cards, and internet banking. Additionally,…

01 Jul

Samsung launches the ultimate fusion of sound & style with the Music Frame in India

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Samsung, India’s largest consumer electronics brand, unveiled its Music Frame in India. A wireless speaker that looks like a work of art, the Samsung Music Frame comes with new features such as Dolby Atmos and wireless music streaming at just INR 23,990. The Samsung Music Frame is a wireless speaker that doubles as a picture frame, allowing users to display personal photos and music. This innovative feature enhances the user's experience by allowing them to listen to music while examining framed memories or artwork. The Samsung Music Frame will be available across Samsung.in and Amazon.in and across select offline stores…