Business News Northeast - Latest Business Northeast News & Updates

28 Mar

Adani family infuses Rs 6,661 crore in Ambuja Cement, takes total stake in company to 66.7%

Business CorrespondentBusiness

Gautam Adani's family has invested Rs 6,661 crore in Ambuja Cements in order to raise their stake in the company by 3.6% to attain 66.7% holding. This follows the investment of Rs 5,000 crore invested by the promoter of the company for exercising the warrants issuance approved by the board of the Company in October 2022. "This strategic move underscores unwavering commitment to have robust capital management philosophy for the portfolio companies and the latest investment testifies the commitment by Adani family to boost future prospects and potential of cement vertical," Ambuja Cements said in a regulatory filing. "The additional…

28 Mar

TCPL Green Energy Solutions launches hydrogen engine facility, pave way for sustainable mobility in India

Business BureauBusiness

TCPL Green Energy Solutions Private Limited (TCPL GES), a subsidiary of Tata Cummins Private Limited, inaugurated its advanced manufacturing facility today in Jamshedpur, marking a significant leap towards sustainable mobility solutions in India. This state-of-the-art facility will specialize in producing hydrogen-based Internal Combustion Engines tailored for Medium and Heavy Commercial Vehicles, aligning with the nation's ambitious decarbonization goals. Spanning nearly seven acres, the facility showcases cutting-edge technology and infrastructure, epitomizing Tata Motors Limited and Cummins Inc. USA's dedication to innovation and environmental stewardship. This inauguration comes on the heels of a strategic partnership with the State of Jharkhand, emphasizing the…

27 Mar

Bajaj Group’s ‘Bajaj Beyond’ transforming lives and communities

Business BureauBusiness

The Bajaj Group's latest endeavor, 'Bajaj Beyond,' is not just about numbers and commitments; it's about the real human stories of transformation and empowerment. With a heartfelt pledge of Rs. 5,000 crore, the conglomerate is embarking on a journey to touch the lives of millions of Indians, especially the youth, through impactful social initiatives. Take the story of Rajesh, a young engineering graduate from a small town, who found hope and opportunity through the Bajaj Engineering Skills Training (BEST) program. With guidance and support, he honed his skills and secured a job in a leading tech firm, fulfilling his dreams…

27 Mar

Samsung unleashes Galaxy Book4, elevating corporate connectivity and creativity in India

Business BureauBusiness

Samsung, the forefront of technological innovation, has announced the debut of its latest offering, the Galaxy Book4, aimed at revolutionizing corporate connectivity and creativity in India.The Galaxy Book4 presents a blend of style and functionality, featuring a spacious 39.62 cm Full HD display encased within a sleek metal body weighing a mere 1.55 kg, setting a new standard for sophistication in the corporate world. Available in Gray and Silver variants, it exudes professionalism while delivering unparalleled performance. Distinguishing itself from the competition, the Galaxy Book4 introduces an AI-Powered Photo Remaster tool, empowering users to effortlessly enhance the quality of old…

25 Mar

Hrithik Roshan to continue as brand ambassador for Clear Premium Water

Business CorrespondentBusiness

Clear Premium Water has completed one year in partnership with actor Hrithik Roshan as its brand ambassador. The partnership has seen success and is assured to soar through 2024, extending to 2025. Hrithik Roshan has been an integral part of Clear Water's mission to provide safe and clean drinking water to all. "Our partnership with Hrithik Roshan has played a crucial role in establishing CLEAR as the preferred choice nationwide. With his endorsement, we have garnered trust among the masses and expanded our reach significantly. Moving forward, our ongoing collaboration with him will further bolster our position as a trusted…

25 Mar

Robotic Thoracic Surgery minimizes Recovery Time

Business BureauBusiness

Robotic thoracic surgery is a rapidly evolving field in India, revolutionizing complex chest procedures like lung and esophageal surgery, using a minimally invasive robotic system for minimally invasive surgery. The advantages of robotic thoracic surgery over traditional open surgery include smaller incisions, less pain, faster recovery, and improved outcomes. Robotic surgery is commonly used for thoracic surgeries such as lung resection, thymectomy, esophagectomy, and mediastinal tumor removal. Lung resections involve lobectomy, wedge resection, and segmentectomy, crucial for treating lung cancer. Thymectomy involves the removal of the thymus gland, often necessary for myasthenia gravis and thymic tumors. Esophagectomy is a complex…

24 Mar

‘Taste Of India’: Amul Forays Into US With Fresh Milk Range

Business CorrespondentBusiness

India's largest dairy brand Amul is set to introduce its renowned "fresh milk" range to consumers in the United States for the first time in the history. The decision was taken at the 108th annual general meeting of the Michigan Milk Producers Association. The Gujarat Cooperative Milk Marketing Federation (GCMMF), the apex body representing milk cooperatives in Gujarat and the marketer of Amul products, has forged a strategic partnership with the Michigan Milk Producers Association to introduce fresh milk offerings across the East Coast and Midwest regions of the US. "This marks a significant milestone for Amul as we embark…

23 Mar

NESFB transforma lives with high-yield fixed deposits

Business BureauBusiness

North East Small Finance Bank (NESFB) is not just a bank but a beacon of hope for many. With the announcement of their enhanced fixed deposit (FD) schemes, NESFB is touching lives and igniting dreams of financial stability among the region's residents. For many elderly citizens, the promise of a steady income in their retirement years is a ray of sunshine amidst financial uncertainty. NESFB's FD rates, soaring as high as 9.25% for senior citizens, offer more than just interest; they offer peace of mind and a sense of security.Satish Kumar Kalra, the bank's MD & CEO, echoes the sentiment…

22 Mar

Bandhan Bank sign MoU with M&M to offer convenient financing solutions

Business BureauBusiness

Bandhan Bank has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer, to provide convenient financing solutions for its customers. Under this collaboration, Bandhan Bank will offer financing across the entire commercial vehicle & Commercial equipment portfolio and customers will benefit from the bank’s wide network and specially curated easy repayment plans. Mahindra & Mahindra offers a wide range of commercial vehicles and equipment, including LCV, ICV, and HCV. They also sell Back-hoe Loaders and Motor Graders in the Commercial Equipment space. With a rapid growth rate of over 40%, Mahindra has expanded its…

21 Mar

HomePure Nova ensure to tackle water quality issues in Mizoram

Business BureauBusiness

Mizoram, known for its lush landscapes and abundant rainfall, faces water-related challenges due to seasonal scarcity and erratic rainfall patterns, especially in remote areas. Recent research conducted in Aizawl City, Mizoram, underscores the pressing need for robust water filtration systems to ensure access to clean drinking water, especially in urban locales where water pollution levels remain high. HomePure Nova is a 9-stage water filtration system designed to improve water quality in Mizoram. It uses advanced technology to purify tap water, eliminating impurities and contaminants. The system operates without electricity, ensuring zero water wastage and aligning with environmental conservation efforts. It…