Business News Northeast - Latest Business Northeast News & Updates

08 Aug

Study finds sucralose safe in small doses for diabetics

Business BureauBusiness

A groundbreaking study by the Madras Diabetes Research Foundation (MDRF) has revealed that small doses of sucralose, a non-nutritive sweetener, are safe for adults with type 2 diabetes (T2D) and may offer marginal health benefits. The study, India's first on the subject, explored the effects of replacing table sugar with sucralose in daily beverages such as coffee and tea. Conducted over 12 weeks, the randomized controlled trial involved 179 Indian participants with T2D. The research found that sucralose had no adverse impact on glycemic markers such as glucose or HbA1c levels. Participants using sucralose showed slight improvements in body weight,…

08 Aug

Year after year Apollo Tires Q1 results: Net profit lapse 24% to ₹302 crore, revenue up 1.5% YoY

Business CorrespondentBusiness, News

Apollo Tires Q1 results: Apollo Tires on Wednesday, August 7 announced its April-June quarter results for the financial year 2024-25 (Q1FY25), reporting a 24 percent decline in net profit at ₹302 crore. While it was ₹397 crore last year. Same period last year. The Chennai-based tire maker's revenue from operations rose 1.4 percent to ₹6,335 crore in the first quarter of the current financial year, compared to ₹6,244 crore in the year-ago period.The company's net profit has declined due to lower sales and increased raw material costs. Apollo Tires' operating performance or EBITDA (earnings before interest, taxes, depreciation and amortization)…

07 Aug

Have More Tea, No More Puffs”: HCG’s anti-tobacco campaign resonates in Kolkata

Business BureauBusiness

HCG Cancer Centre, Kolkata, launched an impactful health campaign titled "Have More Tea, No More Puffs" on Head & Neck Cancer Day. The initiative aimed to raise awareness about the harmful effects of tobacco and promote tea as a healthier alternative. The campaign involved distributing teacups with the slogan "Have More Tea, No More Puffs" to patrons at local tea stalls, where people often gather to smoke. This creative approach sought to make a lasting impression on the community, encouraging a shift towards healthier habits and reducing cancer risks associated with tobacco consumption. A highlight of the event was an…

07 Aug

Aviva Signature Guaranteed Income Plan named ‘Product of the Year 2024’

Business BureauBusiness

Aviva Life Insurance has been awarded the coveted “Product of the Year 2024” in the Life Insurance - Guaranteed Income Plan category for its Aviva Signature Guaranteed Income Plan. This recognition, given by the 16th edition of Product of the Year, underscores Aviva India’s dedication to innovation and excellence in the insurance sector. Product of the Year is a global consumer-voted award celebrating top products in various categories, determined through rigorous consumer research conducted by Neilson. This accolade reflects Aviva’s commitment to meeting consumer needs with cutting-edge solutions. Asit Rath, CEO & MD of Aviva India, expressed pride in receiving…

07 Aug

Flipkart’s #FlipTrends 2024: From nostalgia to tech, How India is shopping this year

Business BureauBusiness

Flipkart’s H1 2024 #FlipTrends report offers a fascinating snapshot of India’s evolving shopping landscape, revealing a blend of technology-driven choices and a revival of classic favorites. As millions of consumers embrace the festive season, technology and nostalgia are leading the charge in their shopping carts. Smartwatches and advanced gadgets are capturing the spotlight in the wearable tech arena, reflecting India’s growing tech enthusiasm. Meanwhile, a wave of nostalgia is sweeping through shopping trends, with pickles and chutneys experiencing a striking 90% surge in demand compared to last year. Fashion lovers are embracing a mix of contemporary vacation wear and retro-inspired…

06 Aug

Neeraj Vyas to leave Sony Pictures Networks India, embark on new ventures

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Sony Pictures Networks India (SPNI) announced today that Neeraj Vyas, Business Head of Sony Entertainment Television, Sony SAB, PAL, and Sony MAX Movie Cluster, will exit the company effective August 31, 2024. Vyas, after nearly three decades of shaping SPNI's key businesses, is set to pursue an entrepreneurial journey. Starting in sales for Sony Entertainment Television (SET), Vyas quickly rose to National Sales Head in 2005 and was appointed Executive Vice President for Sony MIX in 2010. By 2011, he led Sony MAX, then Sony SAB and Sony PAL in 2017, and Sony Entertainment Television in 2023. Under his leadership,…

05 Aug

Toyota reopens bookings for the futuristic Innova Hycross ZX & ZX (O) models

Business BureauBusiness

Marking a significant step in the evolution of modern transportation, Toyota Kirloskar Motor (TKM) has reopened bookings for the highly anticipated Innova Hycross ZX and ZX (O) models starting August 1, 2024. Since its launch in November 2022, the Innova Hycross has been celebrated for its innovative design, blending the rugged appeal of an SUV with the expansive comfort of an MPV. Available in self-charging strong hybrid electric (SHEV) and gasoline variants, this vehicle stands at the forefront of automotive technology, offering unmatched comfort and safety features. The overwhelming demand led to a temporary halt in bookings for the top-end…

05 Aug

Ritesh Khosla to lead legal affairs as General Counsel of Sony Pictures Networks India

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Sony Pictures Networks India (SPNI) has appointed Ritesh Khosla as its new General Counsel, effective September 1, 2024. Khosla will succeed Ashok Nambissan, who is retiring after a notable career with the company. Khosla, who has served as SPNI’s Deputy General Counsel for the past six years, brings over 20 years of legal experience in mergers and acquisitions, joint ventures, regulatory affairs, and intellectual property rights. In his new role, he will oversee SPNI's Corporate Relations, Legal and Regulatory Affairs, Secretarial functions, and Standards & Practices. Khosla's responsibilities will include providing legal guidance, managing legal risks, and serving as the…

05 Aug

K-Pop fever hits Kolkata, regional round winners gear up for semi-finals

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The All India K-Pop Contest 2024's regional round at the Eastern Zonal Cultural Centre in Bidhannagar saw K-Pop enthusiasts flock to witness 52 participants selected from 1,695 registrations. 'Krazyones The Flowerknights' clinched the top spot in the dance category with their electrifying performance of 'Sugar Rush Ride' by TXT, while Ancy Irengbam captivated the audience with BoA's 'No.1', securing the first place in the vocal category. Both winners will advance to the semi-finals in New Delhi on October 19, 2024. Nineteen teams competed, with standout performances from Seraphic, who were first runners-up in the dance category with 'MANIAC' by Viviz,…

03 Aug

SBI Q1 results: PAT rises marginally YoY to Rs 17,035 crore, better than estimates

Business CorrespondentBusiness, News

Public sector lender State Bank of India (SBI) on Saturday reported a net profit of Rs 17,035 crore for the quarter ended June 30, 2024, up 0.9% from Rs 16,884.29 crore reported by the company in the year-ago period. is more. was excessive.This was higher than the Street's estimate of Rs 16,786 crore.Interest earned during the reported quarter was Rs 1,11,526 crore, which was 16% higher than Rs 95,975 crore reported by the lender in the corresponding quarter of the previous financial year.Interest spent by the bank in the April-June quarter stood at Rs 70,401 crore as against Rs 57,041…