Business News Northeast - Latest Business Northeast News & Updates

20 Feb

Luminous Power Technologies illuminates North-East India’s future with green energy revolution

Business BureauBusiness

Luminous Power Technologies has ignited a green energy revolution in North-East India. The recent inauguration of a sprawling warehouse in Silchar and a successful dealer meet in Guwahati showcased the company's commitment to shaping the region's energy landscape. At the dealer meet, stakeholders including dealers, distributors, and industry experts convened to deliberate on the adoption of solar solutions. Mr. Amit Shukla, Senior Vice President & Business Head of Energy Solutions, underscored Luminous' dedication to innovation and sustainability. The company aims to provide comprehensive solar solutions for residential, commercial, and industrial sectors, bolstered by an expanding network of distributors and dealers.…

20 Feb

Secure your golden years with ICICI Pru Gold Pension Savings; a feature-rich retirement solution

Business BureauBusiness

ICICI Prudential Life Insurance has introduced a game-changing retirement savings product, ICICI Pru Gold Pension Savings, designed to redefine the landscape of retirement planning in India. This feature-rich offering not only provides a tax-efficient means to systematically accumulate a retirement fund but also ensures the safety of the invested capital, marking a significant milestone in the realm of financial security for retirees. One of the standout features of ICICI Pru Gold Pension Savings is its provision for tax-free lump sum withdrawals, allowing customers to access up to 60% of their accumulated savings upon maturity. This flexibility, coupled with the option…

20 Feb

Canara Robeco introduces new fund targeting India’s manufacturing boom

Business BureauBusiness

Canara Robeco Mutual Fund announces the launch of the Canara Robeco Manufacturing Fund, positioning itself strategically amidst India's industrial growth trajectory. The fund, slated to open on February 16, 2024, and conclude on March 01, 2024, represents a calculated move to capitalize on the nation's evolving manufacturing landscape. Rajnish Narula, CEO of Canara Robeco Mutual Fund, underscores the fund's strategic alignment with India's economic agenda. "The Canara Robeco Manufacturing Fund reflects our commitment to unlocking value in India's manufacturing sector," Narula affirms, emphasizing the fund's potential to deliver sustainable returns amid dynamic market conditions. Shridatta Bhandwaldar, Head Equities at Canara…

19 Feb

Nissan partners with Akshaya Patra Foundation to provide over 50 lakh meals to New Delhi school students

Business BureauBusiness

Nissan Motor India Pvt. Ltd. (NMIPL) and The Akshaya Patra Foundation (TAPF), one of India's largest non-profit organizations, have been working together since January 2023to support the food & nutritional requirements of the children pursuing their elementary education in Government schools of New Delhi. This collaborative initiative, undertaken by Nissan Motor India and The Akshaya Patra Foundation, reflects a shared commitment to building a healthier future for the country by fostering a robust and educated human workforce. TAPF provided 50 lakh nutritious meals to over 49,000 low-income students in 2023, with support from NMIPL. The program has successfully distributed meals…

19 Feb

Samsung announces OTA roll out of Galaxy AI features on Galaxy Buds

Business BureauBusiness

Samsung has announced a game-changing update for its Galaxy Buds lineup, introducing Galaxy AI features. The Over-the-Air (OTA) rollout brings advanced capabilities to Galaxy Buds2 Pro, Galaxy Buds2, and Galaxy Buds FE, enhancing user experience to new heights. Users of the ‘Made in India’ Galaxy S24 series can now harness the power of Galaxy AI features seamlessly. Among the standout features is Live Translate, which allows real-time call translation displayed on the Galaxy S24 series screen while conversing via Galaxy Buds. Moreover, the integration of an AI-driven interpreter facilitates smooth two-way, face-to-face interpretation directly through the Galaxy Buds interface. The…

19 Feb

TPEM announces a significant reduction in the prices of its of its bestselling EVs

Business BureauBusiness

Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors and the pioneer of India’s EV revolution, announced an exciting reduction in prices of its bestselling EVs - Nexon.ev and Tiago.ev, with the objective of making EVs more accessible to Indian customers. The Nexon.ev, India's most feature-rich EV, is set to see a price reduction of up to Rs. 1.2 Lakh. The fastest-selling Tiago.ev will also see a reduction of up to Rs. 70,000, with the base model starting at Rs. 7.99 Lakh. The launch of the Punch.ev will remain unchanged. EVs outperformed the overall passenger vehicle industry growth…

19 Feb

Sarvodaya Hospital’s “Victorious Hearts” initiative offers lifesaving surgeries for underprivileged children

Business BureauBusiness

Sarvodaya Hospital in Faridabad is leading the charge in pediatric cardiac care with the launch of its pioneering initiative, "Victorious Hearts." This program aims to provide 100 free heart surgeries to underprivileged children suffering from congenital heart defects, offering them a chance at a healthier life. In addition to surgical interventions, the initiative encompasses a comprehensive screening program at Sarvodaya Hospital. This proactive approach ensures early detection of cardiac issues in children, enabling timely interventions and preventing potential complications. Dr. Rakesh Gupta, Chairman of Sarvodaya Healthcare, underscored the initiative's broader mission of raising awareness about pediatric congenital heart defects. He…

19 Feb

Škoda Auto India launchesexclusive Slavia Style Edition: A limited-edition masterpiece

Business BureauBusiness

Breaking new ground in automotive luxury, Škoda Auto India introduces the highly anticipated Slavia Style Edition. Limited to just 500 units nationwide, this exclusive variant redefines the driving experience, combining unparalleled performance with exquisite design. Crafted on the foundation of the top-tier Style variant of the Slavia sedan, the Style Edition is powered by a potent 1.5 TSI engine paired with a seamless 7-speed DSG automatic gearbox. Available in captivating Candy White, Brilliant Silver, and Tornado Red colors, each Slavia Style Edition promises to make a bold statement on the road. Setting itself apart with a host of premium features,…

19 Feb

Walmart Vriddhi surpasses 50,000 MSME milestone, fuels digital retail revolution

Business BureauBusiness

Walmart announces the unprecedented success of its supplier development endeavor, Walmart Vriddhi, as it surpasses its ambitious target of empowering over 50,000 Micro, Small, and Medium Enterprises (MSMEs) within just five years. Since its inception in December 2019, this transformative program has provided MSMEs across India with invaluable resources, including free training, mentorship, and digital tools, facilitating seamless integration into domestic supply chains. In strategic collaboration with Swasti, Walmart Vriddhi strategically leverages Flipkart's platform prowess, enabling MSMEs to access a vast consumer base exceeding 500 million nationwide. The program has garnered significant support from states like Uttar Pradesh, Madhya Pradesh,…

19 Feb

India-Bangladesh river trade Launched, IHC Pranay Verma initiates cargo ship departure

Business BureauBusiness

Today marks a pivotal moment in Indo-Bangladesh trade relations as the inaugural voyage of cargo ships sets sail between the river ports of Maiya, West Bengal, and Sultanganj, Bangladesh, along the Ganga river. High Commissioner of India to Bangladesh, Pranay Verma, and Bangladesh's Minister of State for Shipping, Khalid Mahmood Choudhury, collaboratively launched operations by inaugurating the Sultanganj, Godagri Port of Call. Their joint effort included the symbolic flag-off of a cargo ship departing from Sultanganj bound for India's river port at Maiya. Simultaneously, India's Minister of State for Ports, Shipping, and Waterways, Shantanu Thakur, initiated the maiden cargo voyage…