Business News Northeast - Latest Business Northeast News & Updates

06 Mar

ONGC partners with Assam Energy Institute, announces facilities to cultivate energy sector experts

Business BureauBusiness

ONGC, the nation's Energy Maharatna, has joined forces with the Assam Energy Institute to spearhead the development of top-tier talent in petroleum technology and allied fields. This collaborative effort marks a significant step towards addressing the industry's evolving demands for skilled professionals. The inauguration ceremony, graced by esteemed dignitaries including Shri Rameswar Teli, Union Minister of State for Petroleum and Natural Gas, Labour and Employment, witnessed the unveiling of state-of-the-art infrastructure comprising the Academic Block, Boys’ Hostel, and Girls’ Hostel at the Assam Energy Institute in Sivasagar. Shri Arun Kumar Singh, Chairman & CEO, ONGC, highlighted the institute's pivotal role…

05 Mar

India’s first underwater metro service to be inaugurated on March 6

Business CorrespondentBusiness

PM Modi will inaugurate India’s first underwater Metro facility during his visit to West Bengal's Kolkata on March 6, marking a major step forward for transportation in the city. The under-water tunnel is part of the Kolkata Metro extension project, that will connect Salt Lake to Howrah via Kolkata with a stretch below the Hooghly river. This remarkable engineering feat features a 16.6 km tunnel under the Hooghly River. The metro aims to decrease congestion, reduce pollution, and establish a new mode of transportation.

05 Mar

Ambition Group launches ‘Arista by Ambition’ a luxury hotel in Guwahati

Business CorrespondentBusiness

Guwahati, which is one of the most Hospitality & Tourism building cities, has added an exclusive feather onto its much glorious cap as it opened doors of ‘Arista by Ambition’ a luxury hotel with 5-star facilities by Ambition Group in the heart of Guwahati. The launch press conference was held in the revered presence of Mr. Anupam Sarma, Chairman & Managing Director, Anupam Nirman Pvt. Ltd; Anindya Sarma, Director; Prakash Agarwal, Director and Prasun Bhattacharya, General Manager. Strategically located in the heart of upscale Guwahati at Ananda Nagar, Christian Basti, the hotel is within proximity of the Airport and Railway…

05 Mar

IBM boosts technology expertise in India to drive AI adoption

Business BureauBusiness

IBM (NYSE: IBM) has announced a significant expansion of its Technology Expert Labs in India, focusing on accelerating the adoption of cutting-edge technologies such as Generative AI, Data & AI, Automation, Sustainability, Security, and Infrastructure. Situated in Bengaluru and Kochi, these labs will serve as hubs for driving outcome-based engagements globally, assisting clients in harnessing the full potential of emerging technologies to stay competitive in today's market. The initiative comes at a time when businesses worldwide are increasingly turning to advanced technologies like AI to fuel innovation and efficiency. However, challenges such as limited AI skills and expertise have hindered…

05 Mar

Demerging of Tata Motors businesses

Business BureauBusiness

Tata Motors Limited (TML) has approved the demerger of its Commercial Vehicles and Passenger Vehicles businesses into two separate listed companies. The demerger will be implemented through an NCLT scheme of arrangement, with all shareholders maintaining their identical shareholding in both entities. The demerger is a continuation of the subsidization of PV and EV businesses in 2022, allowing each business to pursue its strategies for higher growth and greater agility. While there are limited synergies between the two businesses, considerable synergies can be harnessed across PV, EV, and JLR, particularly in EVs, autonomous vehicles, and vehicle software. The NCLT scheme…

05 Mar

Inauguration of Skill India Centre in Angul

Business BureauBusiness

Union Minister of Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, inaugurated the Skill India Centre (SIC) in Angul, aiming to equip around 1000 children annually with employability and new-age skills. While speaking at the event, Shri Pradhan said that the centre aims to broaden the scope of skill development and educational infrastructure in the region, particularly benefiting underprivileged sections of society. The centre has the potential to become a futuristic hub, equipping the youth with futuristic skills in high-demand trades and catalyzing entrepreneurship and skill development on a large scale. It will enable the youth to leverage modern…

05 Mar

NSDCI with Deakin University rolls out GJRP Project on Skill India Digital platform

Business BureauBusiness

NSDC International, a subsidiary of National Skill Development Corporation (NSDC), has launched the Global Job Readiness Program (GJRP) in partnership with Deakin University, an Australian institution. The program aims to enhance India's talent pool's industry-relevant skills to meet the demands of the global job market and international industries. The GJRP is available on the Skill India Digital Hub platform, providing a user-friendly and accessible avenue for learners to acquire the necessary skills and knowledge. The program offers two levels of proficiency: Foundation and Intermediate, determined by a pre-program assessment process. Indian youth will undergo live training sessions and build capabilities…

05 Mar

Tata Motors announces #DARK Series, redefines luxury in India’s SUV market

Business BureauBusiness

Tata Motors has once again disrupted the SUV market with the launch of its #DARK series, encompassing the Nexon, Harrier, Safari, and Nexon.ev. This bold move further solidifies Tata's position as a leader in innovation and sophistication. With prices starting at ₹11.45 Lakh for the new Nexon, the #DARK range promises a fusion of opulence and performance. Mr. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd., hailed the launch, stating, "The #DARK edition has truly captured the imagination of the new generation, reflecting their evolving tastes and preferences." The Nexon.ev #DARK leads the pack with groundbreaking features, including…

05 Mar

Tata Motors introduces its next-generation, eco-friendly fleet of commercial vehicles to Tata Steel

Business BureauBusiness

Tata Motors, India’s largest commercial vehicle manufacturer, flagged off its next-generation, green-fuel powered commercial vehicles to Tata Steel. The fleet includes Prima tractors, tippers and the Ultra EV bus, powered by Liquefied Natural Gas (LNG) and battery electric technologies. The vehicles were flagged off by Tata Son’s Chairman, Mr. N Chandrasekaran, as part of the Tata Group’s Founder’s Day celebrations in Jamshedpur. Present at the ceremony were Mr. T V Narendran, CEO & Managing Director, Tata Steel and Mr. Girish Wagh, Executive Director, Tata Motors, along with senior members of their leadership teams. Tata Motors has introduced a new fleet…

05 Mar

Flipkart introduces its UPI handle to enhance its digital payment services

Business BureauBusiness

Flipkart, India’s homegrown e-commerce marketplace, has launched its UPI handle to further enhance its digital payment offerings for all customers including Flipkart’s 500+ million customers. For a distinctive customer experience, loyalty features like Supercoins, Cashbacks, Milestone benefits, and brand vouchers will be made available post the UPI launch. Flipkart has launched 'India's Most Rewarding UPI', a secure and innovative payment solution powered by Axis Bank. Initially available for Android users, customers can register for UPI with @fkaxis handle, make fund transfers, and checkout payments using the Flipkart app. Flipkart has launched Flipkart UPI, a zero-cost payment option that offers convenience…