Business News Northeast - Latest Business Northeast News & Updates

04 Feb

Mukesh Ambani to get ownership of India’s largest media merger, Netflix, Amazon may suffer

Business CorrespondentBusiness

Indian businessman Mukesh Ambani, who is renowned for his Reliance Industries, is once again planning to establish the largest media empire in India. The largest media empire will be set up with around 100 TV channels and two streaming platforms by merging of Jio Cinema and Disney Hotsar, two domestic giants in the digital streaming space. As per the Economics Times report, negotiations to merge Reliance Industries with Walt Disney are currently in the next phase. Additionally, Star India and Viacom18's merger agreement is almost done. Jio Cinema had previously purchased the IPL rights from Disney Plus Hotstar, which was…

04 Feb

PM Narendra Modi Unveils Projects Worth Rs 11,600 Crore in Assam

Business CorrespondentBusiness

PM Narendra Modi introduced development projects worth Rs 11,600 crore in Assam on Sunday. The infrastructure projects, funded by both the state government and the Centre, were announced at an event at the Veterinary College Playground in Khanapara, Guwahati. Some major projects for which foundation stones were laid include the six-lane road from the new airport terminal in Guwahati (Rs 358 crore), Kamakhya temple corridor (Rs 498 crore), a new sports complex in Chandrapur (Rs 300 crore), and the upgradation of Nehru Stadium to FIFA standards (Rs 831 crore). The second edition of 'Asom Mala' roads was also kicked off…

03 Feb

Bikaji Foods reports strong Q3 profit surge amid soaring demand for packaged sweets and snacks

Business CorrespondentBusiness

Packaged snacks and sweets major Bikaji Foods International posted a robust 14.4% increase in its third-quarter profit on Friday. The spike in profit is attributed to the increase in demand for its varied range of packaged sweets and snacks. The consolidated net profit for the three months ending December 31 totalled to Rs 46.62 crore, marking a incredible rise from Rs 40.74 crore recorded in the corresponding period the previous year. The festive season, starting from October and ending in November, witnessed a notable uptick in consumer purchases of snacks and sweets, contributing significantly to Bikaji Foods' third-quarter financial performance.…

03 Feb

Greatwhite Global Pvt. Ltd. makes its way to the eLECTROFEST Expo which is being held in Aashi Apsara

Business CorrespondentBusiness

Indias one of the leading and fastest growing electrical brand of the country Greatwhite Global Pvt. Ltd. makes its way to the eLECTROFEST Expo which is being held in Aashi Apsara from the 3rd of February to 5th February 2024. In this Expo company is showcasing and displaying their large number of premium products for Home, Offices, Shops etc. in their Stall No. 79, 80, 81, 82 & 83. The Stall was officially inaugurated by Vice President Bimlendu Kumar and Vice President Chirag Barodia ,CSA North east Rajkumar Dhanuka along with others dignitaries were present at the exhibition. Speaking on…

03 Feb

Punch.EV launched at Bimal Cars in Basistha, Guwahati

Business CorrespondentBusiness

Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors today launched its first pure EV - the Punch.ev for the first time in the North East at Bimal Cars in Basistha, Guwahati. Managing Director-Bimal Sarawgi, General Manager-Dipankar Das, Senior Manager Tata Motors Passengers Vehicle Limited-Avik Das, Territorial Sales Manager-Manoranjan Pattnaik(Electric Vehicle Tata Motors Passengers Vehicle Ltd.) and Syam Prakash Singh, Vice president Basistha press club were present during the launching programme. First product based on its recently introduced, advanced Pure EV architecture – acti.ev, the Punch.ev transcends the ordinary with its cutting-edge technology, eco consciousness and cost-effective offering.…

03 Feb

INDIAWOOD 2024: Crafting the future of furniture tech on a global stage

Business BureauBusiness

Get ready for a rendezvous with innovation as INDIAWOOD 2024, the world's woodworking and furniture production tech summit, takes center stage at the Bangalore International Exhibition Centre from February 22-26, 2024. With over 950 companies from 50 countries occupying a sprawling 75,000+ square meters, INDIAWOOD 2024 is gearing up to be its most expansive edition yet. This woodworking extravaganza promises a captivating showcase of the latest industry trends and futuristic technologies. Attendees, including furniture manufacturers, architects, and interior designers, will be immersed in a dynamic space of ideas and cutting-edge solutions. The summit is not merely an event; it's a…

03 Feb

Glenmark joined hands with Pfizer to launch Abrocitinib in India

Business BureauBusiness

Pfizer and Glenmark Pharmaceuticals Ltd. (Glenmark) have joined hands to launch abrocitinib, a first of its kind oral advanced systemic treatment for moderate-to-severe atopic dermatitis (AD), in India. Developed by Pfizer, abrocitinib has received marketing authorization from the Central Drugs Standard Control Organization (CDSCO) in India and is approved by the U.S. Food and Drug Administration (FDA), European Medicines Agency (EMA), and other regulatory agencies. The Indian launch of JABRYUS® and CIBINQO®, a groundbreaking treatment for moderate-to-severe AD, will be co-marketed by Glenmark and Pfizer, offering improved efficacy and oral convenience to patients. Abrocitinib (CIBINQO) is available in over 35…

03 Feb

MSDE hosted a dialogue with the delegation from Germany visiting India

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) in India hosted a dialogue with a delegation from Germany, led by the State Secretary of the German Federal Ministry of Labour and Social Affairs (BMAS), Ms. Leonie Gebers. The Indian delegation was led by Shri Atul Kumar Tiwari, Secretary, MSDE. The aim was to extend cooperation in skill development and create pathways for the mobility of skilled workforce from India to Germany. The dialogue focused on harnessing India's skilled workforce to address workforce shortages in Germany and provided insights on the new immigration law adopted by the German Bundestag in June.…

03 Feb

Galaxy S24 series sale in India begin

Business BureauBusiness

Galaxy S24 series, Samsung’s recently launched flagship, will go on sale in India starting. The ‘Made in India’ Galaxy S24 Ultra, Galaxy S24+ and Galaxy S24 smartphones come with Live Translate, Interpreter, Chat Assist, Note Assist and Transcript Assist features. AI built into Samsung Keyboard can also translate messages in real-time in 13 languages, including Hindi. In the car, Android Auto will automatically summarize incoming messages and suggest relevant replies and actions. Samsung's Noida factory in India is manufacturing the Galaxy S24 series, marking a milestone in search history. The series features Google's 'Circle to Search', allowing users to circle,…

03 Feb

Flipkart announces lightning-fast gratification, same-day delivery storm sweeps 20 cities

Business BureauBusiness

Flipkart is set to send shockwaves through the e-commerce realm with its rollout of same-day delivery services. Set to kick off this February, the initiative promises an unprecedented level of immediacy, benefitting millions of customers across 20 cities, from Delhi to Vijayawada. Flipkart's strategic move aims to redefine the customer experience, allowing orders placed before 1 pm to land on doorsteps by midnight. The extensive spectrum of same-day delights spans mobiles, fashion, beauty products, lifestyle items, books, home appliances, and electronics. Behind this revolutionary shift is Flipkart's formidable supply chain and tech prowess. Having consistently delivered over 120 million packages…