Business News Northeast - Latest Business Northeast News & Updates

19 Jan

CEAT to launch Shri Shiv Chhatrapati Sports Complex as venue for Pune Race in ISRL Season One

Business BureauBusiness

The CEAT Indian Supercross Racing League (ISRL) is delighted to unveil the prestigious Shree Shiv Chhatrapati Sports Complex, Mahalunge Balewadi, as the venue for the Pune race in Season One. This historic stadium, steeped in a legacy of hosting significant sporting events, will witness the thunderous roar of Supercross racing on the 28th of January 2024. The Shree Shiv Chhatrapati Sports Complex, established in 1994 for the National Games, has a long history of hosting national and international sporting events, including the 2008 Commonwealth Youth Games, showcasing the city's commitment to sports excellence. Over the years, the complex has hosted…

19 Jan

Saurabh Vatsa to join Nissan India as Deputy MD

Business BureauBusiness

Nissan Motor India (NMIPL) has appointed Saurabh Vatsa as Deputy Managing Director, effective January 15. He will report to Managing Director Rakesh Srivastava and assist in implementing the company's transformation roadmap for India. Saurabh joins Nissan from Stellantis, where he was a member of the Stellantis leadership team and spearheaded the Citroen brand since its inception in India. Frank Torres, President of Nissan India Operations, expressed excitement at the appointment and underpinned Nissan's commitment to invest $600m USD (5300 crores INR) in India as part of the Alliance. In this new role, Saurabh will support Nissan's leadership for its transformation…

19 Jan

Physics Wallah opened an offline PW Vidyapeeth centre in Durgapur

Business BureauBusiness

Physics Wallah (PW) has opened an offline PW Vidyapeethcentre in Durgapur, showcasing its commitment to establishing educational hubs and making education more accessible to students. The centre, inaugurated by PW Co-Founder Prateek Maheshwari, features 11 tech-enabled classrooms and 2,500 seating capacity, offering a conducive learning environment. It also features a library and self-study space. For the upcoming academic year, the centre will offer an additional 20% discount to students. Prateek Maheshwari, Co-founder of Physics Wallah (PW), said, “With the launch of every centre in India, we move closer to our commitment to providing access to quality education for students.” PW…

18 Jan

Ram Temple inauguration: Half-day in all central government offices on Jan 22

Business CorrespondentBusiness

All central government offices will remain closed for half day that is till 2:30 pm on January 22 in the backdrop of the consecration ceremony of the Ram Temple in Ayodhya, said Union minister Jitendra Singh on Thursday, news agency PTI reported. The minister told the news agency that the decision on the half-day closure of the government offices has been taken in wake of the overwhelming sentiments amongst the people. "The Ram Lalla Pran Pratishtha at Ayodhya will be celebrated on 22nd January 2024 across India. To enable employees to participate in the celebrations, it has been decided that…

18 Jan

OYO launches 65 hotels and homes in Ayodhya ahead of Ram Temple inauguration

Business CorrespondentBusiness

Hospitality tech firm OYO announced the addition of 51 homestays and 14 hotels in Ayodhya on its platform ahead of the consecration ceremony of Ram Temple. Around 65 properties have been added on the platform based in Ayodhya, OYO said on January 17. People can get budget-friendly rooms with prices starting from Rs 1,000, the platform said. OYO has seen a 350% hike in searches for Ayodhya on its platform over the past year. The 65 properties in Ayodhya have been added to support the anticipated demand in tourism after the consecration ceremony of Ram Temple on January 22, 2024.…

18 Jan

Samsung unveils attractive offers on Galaxy A05s, A54 5G, A34 5G

Business BureauBusiness

Samsung announced an exciting deal on its Galaxy A05s, A54 5G, and A34 5G smartphones. The Galaxy A05s is now available with an instant INR 2000 discount, bringing its original price of INR 13499 to INR 11499 and INR 12999 respectively. The device is powered by Qualcomm Snapdragon 680 and features a 6.71" Full HD+ 90Hz display. It has a 50MP main shooter and a 5000 mAh battery with 25W Super-Fast charging. The device is future-ready with 4 years of security updates and 2 generations of OS upgrades. The Galaxy A34 5G is now available at an effective price of…

18 Jan

Coca-Cola India and Reliance Retail are collaborates on the “BhoolNaJana, Plastic Bottle Lautana” initiative

Business BureauBusiness

Coca-Cola India and Reliance Retail have launched a sustainability initiative called "BhoolNaJana, Plastic Bottle Lautana", focusing on post-consumer PET collection at Mumbai-based stores using Reverse Vending Machines and collection bins. With a vision for a circular economy, this pilot project, aligned with the Government’s Swachh Bharat Mission, has commenced in 36 stores of Reliance Retail including Smart Bazaar and Sahakari Bhandar stores in Mumbai and Delhi, and will expand to 200 stores across the country by 2025 with a target of collecting 5,00,000PET bottles annually in the pilot phase. The initiative was launched in the presence of Kazi Irfan, Officer…

18 Jan

DSP Mutual Fund unveils the DSP Nifty Healthcare ETF

Business BureauBusiness

DSP Mutual Fund announced the launch of DSP Nifty Healthcare ETF, an open-ended scheme replicating/ tracking Nifty Healthcare Index that offers investors the opportunity to participate in India’s growing healthcare sector. The Nifty Healthcare Index covers diversified themes like pharmaceuticals, hospitals, pathology, healthcare research analytics & technology. It adjusts or rebalances every 6 months to represent the top 20 stocks (companies from healthcare sector) based on free float market cap from the Nifty 500 universe. India’s healthcare market cap has grown at a decent rate of around 10% in the last 10 years. India's healthcare sector currently accounts for 5.8%…

18 Jan

IBM Skills Build will equip Gujarat’s workforce with essential skills in AI

Business BureauBusiness

IBM has partnered with the Commissionerate of Technical Education in Gujarat, India, to enhance the state's technical and professional education. The partnership aims to equip Gujarat's workforce with essential skills in AI, cybersecurity, hybrid cloud, and other emerging technologies. The IBM SkillsBuild initiative will equip Gujarat's workforce with generative AI, hybrid cloud, and other emerging technologies. The collaboration is driven by the Gujarat government's commitment to fostering opportunities and nurturing a dynamic workforce. Union Minister of Education and Skill Development and Entrepreneurship, Shri Dharmendra Pradhan, stated that the collaboration will further enhance the state's technical education excellence, shaping a skilled…

17 Jan

In temple town Ayodhya, artificial intelligence is keeping an eye on security

Business CorrespondentBusiness

Ayodhya is being fortified with a help of manpower and technology, including AI-powered cameras and drones with anti-drone features for the upcoming Ram Mandir's grand 'Pran Pratishtha' ceremony on January 22. The UP police is getting the support from all religious groups, who are cooperating with authorities to make the event a historical success, according to sources. "This is going to be a successful event. Nothing major we see which is troubling any security agency of state or centre. No international threat is visibly seen so far and the Ayodhya administration is all set to manage all events successfully. Muslim…