Business News Northeast - Latest Business Northeast News & Updates

21 Feb

Tata Group Retail Brand Zudio Acquires Mega Shop In Sector 70, Gurugram

Business CorrespondentBusiness

Tata Group's retail brand Zudio has entered into a lease agreement for a 22,000 square feet space at the Reach 3 Roads complex in Sector 70, SPR Road, Gurgaon, according to a statement from the company. This mixed-use commercial complex, establish by Reach Group, encompasses 2.5 acres and features Grade A construction with a variety of tenants including fashion, accessories, beauty and decor outlet Misbu, which occupies 2,500 square feet. Reach 3 Roads, described as an open-air neighborhood complex, contanis a number of prominent brands such as Samsung, ICICI, Imagine, Starbucks and Croma. It is located in a key residential…

21 Feb

India leads global AI adoption, IBM report reveals 59% of enterprises deploy AI

Business BureauBusiness

A recent report commissioned by IBM has unveiled that a staggering 59% of enterprise-scale organizations in India have actively integrated Artificial Intelligence (AI) into their operations. Titled the ‘IBM Global AI Adoption Index 2023’, the report showcases India's leading position in AI deployment among countries surveyed. According to the findings, early adopters are spearheading this AI revolution, with 74% of Indian enterprises already harnessing AI technologies. These forward-thinking organizations have significantly ramped up their investments in AI over the past two years, focusing on areas such as research and development (R&D) and workforce reskilling. Despite this remarkable progress, challenges persist,…

21 Feb

Tata Motors’ new Nexon shines with 5-star safety rating, redefines safety standards for Indian SUVs

Business BureauBusiness

Tata Motors has unveiled its latest triumph - the all-new Nexon (ICE), securing a remarkable 5-star rating for both adult and child occupant protection from the esteemed Global New Car Assessment Programme (GNCAP). This groundbreaking achievement not only underscores Tata Motors' unwavering commitment to safety but also propels its entire range of SUVs to the summit of automotive safety excellence in India. Earning an outstanding 32.22 out of 34 points for adult occupant protection and an impressive 44.52 out of 49 points for child occupant protection, the new Nexon stands as a beacon of safety in the fiercely competitive SUV…

21 Feb

Samsung announces thrilling cashback offer on the Galaxy A34 5G smartphone

Business BureauBusiness

Samsung has announced an enticing cashback offer on its latest flagship smartphone, the Galaxy A34 5G, signaling a bold maneuver in the competitive mobile market landscape. Positioned as a premium offering, the Galaxy A34 5G embodies Samsung's commitment to delivering innovative design and top-tier features to consumers. Boasting signature attributes such as Nightography for superior low-light photography and an IP67 rating for enhanced durability, the smartphone offers a compelling proposition to tech-savvy consumers seeking a seamless user experience. In a calculated move aimed at amplifying consumer interest, Samsung has instituted an instant discount of INR 3000 on the Galaxy A34…

21 Feb

Tata Motors accelerates into South Africa’s commercial market with ultra range of smart trucks

Business BureauBusiness

Tata Motors in collaboration with its esteemed distributor, Tata Africa Holdings Limited, has unveiled its latest innovation for the South African market - the Ultra range of multipurpose heavy-duty trucks. Representing a strategic move to capture a larger share of the commercial truck segment, this launch underscores Tata Motors' commitment to delivering high-performance, cost-effective solutions for cargo transportation. The Ultra T.9 and Ultra T.14 trucks are tailored to meet the evolving needs of South Africa's logistics landscape, offering unmatched versatility and efficiency across various industries, including bakery, FMCG, agriculture, and construction. Engineered with advanced features such as a walk-through cabin,…

21 Feb

India partners with industry giants to boost workforce skills: Dharmendra Pradhan

Business BureauBusiness

India's workforce is poised for a revolution as the National Skill Development Corporation (NSDC), under the Ministry of Skill Development and Entrepreneurship (MSDE), announces 15 strategic partnerships with industry titans, heralding a new era in skill development. Dharmendra Pradhan, the Union Minister of Education and Skill Development and Entrepreneurship, underscored India's commitment to meeting global demands by embracing the mantra of skilling, reskilling, and upskilling. Aligned with Prime Minister Narendra Modi's vision of "Viksit Bharat by 2047," these partnerships signify a significant step towards preparing India's workforce, or "Amrit Peedhi," for the Future of Work. Industry leaders such as Google,…

21 Feb

Coca-Cola’s fourth quarter pops with a 7 per cent increase in revenues

Business BureauBusiness

Coca-Cola emerges triumphant with its 2023 fourth-quarter and full-year results, showcasing not only impressive financial gains but also significant strides in sustainability initiatives. Global unit case volume witnessed a steady 2% growth both for the quarter and the full year, reflecting the enduring popularity of Coca-Cola's iconic beverages worldwide. Net revenues surged by 7% in the fourth quarter, accompanied by a remarkable 12% growth in organic revenues (Non-GAAP), highlighting the company's adaptability and resilience in navigating market challenges. India played a pivotal role in Coca-Cola's success story, contributing to the growth of developing and emerging markets. With a 2% increase…

21 Feb

Hero MotoCorp started bookings for its Mavrick 440 motorcycle

Business BureauBusiness

Heralding a new era in the upper premium segment, Hero MotoCorp, the world’s largest manufacturer of scooters and motorcycles, will open the bookings for its flagship motorcycle – Mavrick 440 starting, 14thof February 2024. Customers can book their motorcycles at specified Hero MotoCorp customer outlets as well as digitally by visiting www.heromotocorp.com. Deliveries of the motorcycle to customers will commence from April onwards. Hero MotoCorp has introduced the Mavrick 440, a groundbreaking motorcycle in the middle-weight segment. Unveiled at Hero World 2024, this dynamic motorcycle offers a unique blend of performance, style, and technology. Its powerful engine is agile in…

21 Feb

Toyota Kirloskar Motor launches industry-first “Awesome New Car Delivery Solution”, redefines customer experience

Business BureauBusiness

Toyota Kirloskar Motor Pvt. Ltd. (TKM) has unveiled its groundbreaking "Awesome New Car Delivery Solution," revolutionizing the car buying experience. As part of its unwavering commitment to customer satisfaction, TKM's initiative aims to enhance the delivery process through innovative logistics. The "Awesome New Car Delivery Solution" eliminates the need for dealers to drive new cars to delivery locations. Instead, vehicles will be transported on flat-bed trucks, ensuring a seamless journey from the stockyard to the dealership. This pioneering approach sets a new industry standard, providing customers nationwide with consistent, secure, and hassle-free delivery experiences. With Phase I launching in 26…

21 Feb

Lords Mark Industries Ltd introduces groundbreaking bio-chemistry reagents with unparalleled accuracy

Business BureauBusiness

LordsMed, the healthcare division of Lord’s Mark Industries Ltd has announced a revolutionary line of bio-chemistry reagents designed to transform diagnostic interventions for critical diseases. These reagents, boasting 99.7 percent accuracy and a shelf-life of 24 months, set a new standard in sensitivity and reliability. The launch encompasses 10 world-class re-agents targeting essential biomarkers including Triglycerides, Uric Acid, Alkaline Phosphatase, and more. These products, patented in India, promise to fortify preventive healthcare mechanisms against prevalent illnesses. LordsMed intends to leverage its extensive Pan-India distribution network, comprising over 300 dealers, to make these re-agents widely accessible. Furthermore, the company plans to…