Business News Northeast - Latest Business Northeast News & Updates

08 Feb

CEAT ISRL aims to attain INR 1000 crore valuation by the end of 2025

Business BureauBusiness

The CEAT Indian Supercross Racing League (ISRL), a revolutionary franchise-based motorsport spectacle poised to become the fastest-growing league in India focusing beyond cricket. The league showcased the adrenaline-pumping journey with an explosive opening at the Pune race, mesmerizing over 9000 fans on the ground with live broadcast on TV and OTT. The company recently diluted its 3% stake to concentrate on promotion and on-ground activations, with a pre-season opening valuation of INR 350 crore. The goal is to reach the maximum audience and elevate the sport's status, the promoters are in conversation with private investors to dilute 2% of the…

08 Feb

Ask QX launched by QX Lab AI

Business BureauBusiness

QX Lab AI, a pioneering Artificial General Intelligence (AGI) company, has launched Ask QX, the world's first hybrid Generative AI platform. The platform is designed by Indian-origin founders and is available in over 100 languages, including 12 Indian languages. It is a one-stop shop that aims to empower Indians across the country and beyond, to seamlessly engage with GenAI every day in their preferred language. The launch of Ask QX marks the initiation of a significant movement toward inclusive and accessible AI advancement in India. Asked QX is built on a hybrid model of 30% Large Language Model (LLM) and…

07 Feb

InfraMantra onboards Guru Randhawa as brand ambassador

Business CorrespondentEntertainment, Business

InfraMantra, a real estate service provider, announced the appointment of singer Guru Randhawa as its brand ambassador. The collaboration between InfraMantra and Guru Randhawa will start with a flagship event, signaling the beginning of future digital campaigns and exclusive promotional activities. This strategic collaboration looks forward to enhance InfraMantra's visibility and reaffirm its commitment to reshape the real estate industry. 'The incredibly talented Guru Randhawa's magnetic charm and mass appeal perfectly align with InfraMantra, a young brand in the real estate arena. The music maestro known for his hit tracks and captivating performances, Guru embodies the excellence and forward-thinking vision…

07 Feb

Tata Steel Collaborates With South Eastern Railway (SER) To Build Green Infrastructure

Business CorrespondentBusiness

Private steel major Tata Steel on Wednesday announced that it will collaboratively work with South Eastern Railway (SER) to develop sustainable rail infrastructure by utilising its slag-based aggregates. A deliberative meeting on the project execution was done between officials of the SER and Tata Steel, the company said in a statement. Now it's the high time for the utilisation of sustainable alternatives as it will also help in conserving the ecology, SER General Manager Anil Kumar Mishra told at the event on Tuesday. Tata Aggreto, a greener substitute of natural aggregates used for constructing roads, and Tata Nirman, used as…

07 Feb

Tata Motors achieved a 12% YoY increase in Total PV Sales of 54,033 units

Business BureauBusiness

Tata Motors Limited sold 86,125 cars in January 2024, a considerable rise from the 81,069 units sold in the previous year both domestic and international markets. Total domestic sales rise by 6%; from 79681 in January 2023 to 84276 in January 2024. The rate of decline for Domestic commercial vehicles in January 2024 and January 2023 was -3%, with a total of 30,643 vehicles sold in January 2024 as compared to 31694 in January 2023. The total sales of commercial vehicles in January 2024 and January 2023 were 32,092 and 32,780 respectively, indicating a -2% decline rate. Domestic sale of…

06 Feb

Instagram Adds Message Editing, Fix Mistakes Within 15 Minutes

Business CorrespondentBusiness

Instagram users have good news for all the users, as the social media platform has now roll out the new feature- the ability to edit your sent messages within a time duration 15-minute. The feature, already present on other platforms like WhatsApp and Telegram, is a significant improvement for those who have ever sent a message with an embarrassing mistake which was not possible to edit before. Whether it's a typo, a factual error, or a change of heart, you now have the access to rectify it without the awkwardness of unsending. However, there's a small note: the edited messages…

06 Feb

Toyota Kirloskar Motor showcases pioneering green mobility solutions at Bharat Mobility Global Expo 2024

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has taken center stage at the Bharat Mobility Global Expo 2024, unveiling its innovative green technology product line-up and robust localization initiatives. Themed ‘Grow India - Grow with India,’ the exhibition underscores TKM's unwavering commitment to national priorities such as 'Atma Nirbhar Bharat,' 'Energy Security,' and 'Carbon Neutrality.' Celebrating 25 years of operations in India, Toyota showcased a spectrum of electrified vehicle technologies, including Battery Electric Vehicle, Strong Hybrid Electric Vehicle, Fuel Cell Vehicle, Flex Fuel vehicle, and Emergency Response Vehicles. Noteworthy exhibits include the Innova HyCross, a Strong Hybrid Electric showcasing TKM's efforts in localizing…

06 Feb

Blenders Pride Glassware unveils FASHION NXT

Business BureauBusiness

Blenders Pride Glassware has launched FASHION NXT, an avant-garde fashion platform that will redefine fashion experiences for aspiring young Indians. Set to unfold in Gurugram and Hyderabad, as well as newer towns of Bhubaneswar and Pune. FASHION NXT will present influences from global fashion and lifestyle trends, curated around three unique themes: WANDERLUXE, representing luxury fashion in holiday wear; GLOSS & GLAM, representing a modern interpretation of glamour in high fashion; and INTERGLAMATIC, representing fashion inspired by futurism. Fashion NXT 2024 will feature star-studded evenings curated by designers RimzimDadu and JJ Valaya in Hyderabad, showcasing unique collections and evolving style…

06 Feb

An excellent eye care center, The Retina Center offers easily obtainable eye care

Business BureauBusiness

Guwahati is rapidly gaining prominence as a medical hub for patients in the Northeast region. Amidst the array of hospitals and treatment centres in the city, The Retina Centre, situated in Rukminigaon, Guwahati has emerged as the place to visit for all your eye related issues. Specialising in the intricate world of eye care and founded by Dr S U Ahmed, this centre is dedicated to preserving and restoring the gift of sight by addressing eye diseases, the treatment courses offered, and the imperative importance of caring for our eyes. The human eye, a remarkable feat of biological engineering, is…

06 Feb

Two new offerings by Ujjivan SFB

Business BureauBusiness

Ujjivan Small Finance Bank has introduced the Maxima Savings Account and Business Maxima Current Account for premium customer segments. The Maxima Savings Account offers premium banking services with specially curated lifestyle, wellness, and entertainment benefits. While the Business Maxima Current Account caters to the unique business needs of medium and large business entities. Mr. Ittira Davis, MD & CEO of Ujjivan Small Finance Bank, believes these solutions will be of immense value to its premium customers, and hopes to strengthen partnerships and nurture their financial success. The annual interest rate on the Maxima Savings Account is up to 7.5%, offering…