Business News Northeast - Latest Business Northeast News & Updates

03 Jan

Swagat Super Speciality Hospital Celebrates Historic Milestone with its First Successful Liver Transplant

Business CorrespondentBusiness

In a momentous announcement that brings hope to the people of Assam, the North-east, the entire country, and neighbouring nations, Swagat Super Speciality Hospital has achieved a ground breaking feat by successfully conducting its first liver transplant. The recipient, a 38 –year - old gentleman, underwent the procedure with his brother-in-law serving as the donor, both natives of Manipur. The hospital secured special permissions according to protocol from both the Manipur and Assam governments, emphasizing the collaborative efforts required for this transformative medical achievement. A liver transplant is a sophisticated surgical procedure designed to replace a diseased or damaged liver…

03 Jan

Ola Electric records over 30,000 registrations in December

Priyanka BhowmickBusinessBusiness, India

Ola Electric announced that it recorded 30,219 registrations in December and captured 40 percent market share in the EV two-wheeler segment (according to VAHAN Portal). The company said it registered its highest monthly sales in the month and 74 percent year-on-year growth compared to the same month last year. Additionally, it registered a quarter-on-quarter (q-o-q) growth of 48 percent with 83,963 registrations in the December quarter and 68 percent growth over the same quarter last year. Also, Ola Electric reached the milestone of producing four lakh scooters in two years. The company has emerged as the first-ever EV two-wheeler manufacturer…

03 Jan

Tata Motors recorded a highest sales in Q3FY24

Business BureauBusiness

Tata Motors sales in the domestic & international market for Q3FY 2023-24 stood at 234,981 vehicles, compared to 228,169 units during Q3FY 2022-23, with a YoY increase of 1% in CV sales and 5% in PV sales. Tata Motors' Executive Director, Girish Wagh, reported domestic sales of 91,735 in Q3FY24, slightly higher than Q3FY23. The M&HCV segment grew by 14%, driven by government infrastructure initiatives, core industry expansion, and e-commerce growth. The Passenger Commercial Vehicles segment saw a 19% increase post-pandemic. In Q3FY24, wholesales increased by 5% compared to Q3FY23, with Vahan registrations rising by approximately 14% and 24% compared…

03 Jan

Apollo is hosting a Health Talk on Sports Injury Prevention

Business BureauBusiness

Apollo Hospitals is hosting a Health Talk on Sports Injury Prevention and Screening Camp featuring Dr. Kunal Patel, a consultant orthopedic surgeon on January 6th, Saturday, 2024, at Mainland Sambaram Cricket Academy Vivekananda Park (North East), Kolkata- 700029. Dr. Patel will discuss the importance of a painless life and the need for sports injury prevention. For more information, contact 9903702835.

02 Jan

Uday Kotak shares his year-end musings

Business BureauBusiness

India is transitioning from a nation of savers to investors, according to Uday Kotak, Founder & Director of Kotak Mahindra Bank. The shift began in the early 80s when Indian savers had low confidence in financial assets. They gradually moved to bank deposits, UTI, and LIC. Despite being considered "speculative" in the 90s, companies seeking capital turned to foreign institutional investors (FIIs), who bought into companies while Indian savers stayed away. This led to the private placement market (QIP) in the early 2000s, allowing FIIs to buy on Indian markets. The Indian saver's interest in markets improved after the global…

02 Jan

MSDE sign an MoU with TRIFED for the implementation of PMJANMAN scheme

Business BureauBusiness

National Institute for Entrepreneurship and Small Business Development (NIESBUD), under the aegis of Ministry of Skill Development and Entrepreneurship (MSDE), and Tribal Cooperative Marketing Development Federation of India (TRIFED), under the Ministry of Tribal Affairs, signed an MoU for the implementation of the Pradhan Mantri Janjatiya Abhiyaan (PMJANMAN) Scheme in Particularly Vulnerable Tribal Groups (PVTGs) habitations. The partnership is a strategic plan to converge efforts towards attaining the vocational education and skilling component under the scheme. The PMJANMAN scheme aims to provide basic facilities to PVTG households and habitations, including safe housing, clean drinking water, sanitation, improved access to education,…

02 Jan

Shri Ashishkumar Chauhan wishes everyone a prosperous New Year

Business BureauBusiness

As the clock strikes midnight, Ashishkumar Chauhan, the dynamic MD and CEO of the National Stock Exchange (NSE), not only ushered in the New Year but also unwrapped a bundle of financial wisdom for investors.In his New Year message, Chauhan extends warm wishes and urges individuals to embark on a journey of financial growth marked by prudence and diligence. The seasoned leader advocates dealing exclusively with registered intermediaries and cautions against the allure of unregulated products. Painting a canvas of wealth creation, Chauhan underscores that stock market investments are the brushstrokes for a long-term masterpiece. For those navigating the unpredictable…

02 Jan

IHCL Hotels in Odisha Offers Great Deals On This New Year

Business BureauBusiness

Vivanta Bhubaneswar, DN Square, located in the bustling business district of Kalinga Nagar, offers a luxurious New Year stay offer, ensuring guests experience world-class hospitality. Ring in the New Year by celebrating the festive season at The Crown, Bhubaneswar - IHCL Seleqtions. Situated at the heart of the city, this venue provides a glimpse into the rich culture of the region through its diverse decor, unique cuisine, and delightful hospitality. Vivanta Bhubaneswar offers a luxurious New Year's stay package, including a daily buffet breakfast, hotel credit, 20% off spa, saloon, and laundry services, early check-in and late checkout, evening Khadi…

01 Jan

Japan Rocked by Massive Quake: Tsunami Strikes, Power Outages, Highways Closed

Business CorrespondentBusiness

A massive earthquake with a magnitude 7.6 on Richter scale cut more than 33,500 households from electricity supply on Monday. Most of the highways have been closed round the epicentre of a series of major earthquakes in central Japan, the road operator said. Japan issued a major tsunami alerts for Ishiwaka and the rest of the western coast of Japan’s main island of Honshu, told people to evacuate coastal areas after back to back devastative quakes on its western coastline Monday. Japanese public broadcaster NHK TV advised torrents of water may reach as high as 5 meters (16.5 feet) and…

01 Jan

Govt mandates printing of manufacturing dates and unit sale prices on packaged goods

Business CorrespondentBusiness

Printing the 'date of manufacturing' and 'unit sale price' has been made compulsory on all packaged items effective from 1st of Jan 2024, according to Consumer Affairs Secretary Rohit Kumar Singh. Earlier, it was a choice for the companies to either mention the 'date of manufacturing' or 'date of import' or the packaging date. "Since packaged items are sold in different quantities, it is important that consumers are aware of the 'unit sale price' of what is packed and make an informed purchase decision," the consumer affairs secretary told PTI. Mentioning the manufacturing date will help customers know how old…