Business News Northeast - Latest Business Northeast News & Updates

26 Feb

JICA extended official development assistance loan of 564 crores in Kohima

Business BureauBusiness

Japan International Cooperation Agency (JICA) has provided an official development assistance (ODA) loan of 10,008 million Japanese Yen (approximately INR 564 crores) to support the establishment of the Medical College Hospital at Nagaland Institute of Medical Sciences and Research in Kohima, Nagaland. The project, led by the Indian government and in collaboration with the Department of Health and Family Welfare, Nagaland, aims to address the healthcare challenges faced by the state, which currently ranks low in terms of access and quality, by establishing tertiary health services, enhancing medical education, and ensuring healthcare access for all. The ODA loan agreement was…

26 Feb

JICA signed two loan agreements in the state of Meghalaya

Business BureauBusiness

Japan International Cooperation Agency (JICA) has signed two loan agreements in the state of Meghalaya, as part of its steadfast support to enhance connectivity in the North East region of India through the North East Road Network Connectivity Improvement Project. The loan agreements for the project were signed between Mr. Vikas Sheel, Additional Secretary, Department of Economic Affairs, Ministry of Finance and Mr. SAITO Mitsunori, Chief Representative, JICA India. A loan agreement worth JPY 34,537 million was signed for the Northeast Road Network Connectivity Improvement Project (Phase 3) (II), supporting the construction of India's longest river bridge, the Dhubri-Phulbari Bridge,…

26 Feb

Amazon India and GAME signed a MOU to boost rural women’s entrepreneurship

Business BureauBusiness

Amazon India signed a Memorandum of Understanding (MoU) with ‘Global Alliance for Mass Entrepreneurship (GAME) to promote digital growth of women entrepreneurs in India, especially in Tier-2, Tier-3 cities and beyond. Amazon India is partnering with GAME to support around 25,000 women entrepreneurs and artisans in their digital entrepreneurial journey. The initiative aims to bridge digital marketing skill gaps, provide business capacity building, and enable them to aggregate brands. The goal is to create platform access and financial independence for these rural women entrepreneurs and artisans. The MOU between Amazon India and GAME aims to co-develop and facilitate broad-based entrepreneurship…

24 Feb

Ayodhya’s Ram Temple Receives Rs 25 Crore Donations In A Month

Business CorrespondentBusiness

The newly built Ram temple in Ayodhya has received donations in huge amount, including 25 kg gold and silver ornament costing of Rs 25 crore in a month after the pran pratistha ceremony on January 22, trust officials on Saturday said. Prakash Gupta, office in charge of the Ram temple trust, revealed that the amount of Rs 25 crore include cheques, cash and drafts deposited in the temple trust's office along with those deposited in the donation boxes. "However, we are not aware of the online transactions done directly in the trust's bank accounts," he added. Further he said that…

24 Feb

MG Comet EV Drive reached Guwahati, demonstrating its commitment to sustainability and efficiency

Business BureauBusiness

MG (Morris Garages), a British automobile brand with a 100-year-old legacy, reiterates its commitment towards faster adoption of Green Mobility in India with MG Comet EV. After covering more than 19 states, Smart and Sustainable MG Comet EV Drive reached Guwahati. The objective of the drive is to create awareness around EVs - a sustainable, practical, and economical mobility solution for cities like Guwahati. MG Motor India has launched Comet, a Smart EV, as a practical solution for urban mobility in India. The EV, designed with futuristic and user-friendly technologies, is easy to drive, maneuver, and park in congested areas.…

23 Feb

Coffee Is Served Via Drone In This Cafe In Kolkata: Video Amazes Internet

Business CorrespondentBusiness

A cafe named Calcutta 64 in Kolkata's Salt Lake has added an unique feature to its business which is a blend of technology and hospitality, the cafe has started a drone-based coffee delivery system. This creative feature has captured the interest and admiration of many internet users on social media. The use of drones by the café to serve coffee is a cutting-edge development in customer service that combines practicality with a futuristic aesthetic. https://www.instagram.com/reel/C3dGq15Su3t/?igsh=MXdiY3pzejI3aGczZg== In the viral video clip a person can be seen receiving a cup of coffee placed on a drone. The drone approaches the customer in…

23 Feb

Justdial Embarks on a Collaborative Journey with Government of Nagaland

Business BureauBusiness

Justdial, India’s leading local search engine, has got into a strategic collaboration with the Government of Nagaland's Directorate of Industries and Commerce. This Memorandum of Understanding (MOU), signed recently, represents an important step towards the digitisation of businesses registered with the department, reaffirming Justdial's commitment to encouraging digital growth in Nagaland. The MOU outlines Justdial's role in digitizing operations and improving the web presence of registered enterprises with the Directorate of Industries and Commerce, with the department actively collaborating and encouraging critical information sharing. Mr. Tokugha Achumi, Additional Director, Industries & Commerce Department, Govt. of Nagaland said, “By facilitating greater…

22 Feb

Govt allows onion exports to Bangladesh, Mauritius, Bahrain, Bhutan

Business CorrespondentBusiness

The Central government on Thursday allowed traders to export onions to 4 countries till March 31. After the centre's approval, the traders will be allowed to export 54,760 tonnes of onion to Bhutan, Bangladesh, Bahrain, Mauritius said Consumer Affairs Secretary Rohit Kumar Singh. Rohit Kumar Singh stated, "We have allowed export of 50,000 tonnes of onion to Bangladesh, 1,200 tonnes to Mauritius, 3,000 tonnes of Bahrain and 560 tonnes to Bhutan with immediate effect," reported news agency PTI. Traders are permitted to export this quantity till March 31. The modalities are being worked out, he said. The Consumers Affairs Secretary…

22 Feb

KMBL announces the following appointments at leadership levels

Business BureauBusiness

Kotak Mahindra Bank Ltd. (KMBL) has appointed several leadership positions, aiming to accelerate change and become a customer-centric tech-enabled financial institution. KVS Manian has been appointed as Joint Managing Director, overseeing the growth of Wholesale Bank, Commercial Bank, Private Banking, Asset Reconstruction Division, and Wholesale Credit. He will also oversee the Institutional Equities and Investment Banking businesses. Shanti Ekambaram has been appointed as Deputy Managing Director, driving the growth of 811, Treasury, and Global Markets businesses, while overseeing Human Resources, Group Marketing & Corporate Communications, Internal Vigilance, Internal Audit, Public Affairs, Corporate Social Responsibility, and ESG. Both Manian and Ekambaram…

22 Feb

Shoppers Stop opens its first store in Agartala

Business BureauBusiness

Shoppers Stop marked a significant milestone today with the grand opening of its inaugural store at Polo Central Mall, Agartala. Promising an unmatched shopping extravaganza, the new outlet brings over 500 renowned brands, cutting-edge fashion trends, and an array of beauty offerings to the vibrant city and its neighboring regions. The inauguration of this store aligns with Shoppers Stop's strategic expansion plan, aimed at enhancing retail accessibility across diverse markets. Notably, the company's commitment to bolstering the local economy is underscored by its provision of employment opportunities, with 100% of front-end staff hailing from Agartala. Mr. Kavindra Mishra, Customer Care…