Business News Northeast - Latest Business Northeast News & Updates

11 Feb

Iconic Sugar Candy Brand Ravalgaon Acquired By Mukesh Ambani’s Reliance

Business CorrespondentBusiness

Mukesh Ambani led Reliance Industries Ltd's subsidiary Reliance Consumer Products Ltd has taken over the ownership of Ravalgaon Sugar Farm's iconic candy brands at a deal of Rs 27-crore. Ravalgaon Sugar Farm, which owns brands such as Choco Cream , Coffee Break, Paan Pasand, Tutty Fruity, Mango Mood and Supreme, has sold its trademarks, recipes, all intellectual property rights to Reliance Consumer, according to a regulatory filing on Friday. However Ravalgaon will continue to hold all other assets such as plant, land, property, equipment, building, machinery, etc., even after the completion of the proposed transaction. According to Ravalgaon Sugar, it…

10 Feb

Vidhu Vinod Chopra’s 12th Fail, starring Vikrant Massey, only Indian film in IMDb top 250 list

Business CorrespondentBusiness, Entertainment

Vidhu Vinod Chopra's latest hindi language biographical drama film 12th Fail has emerged as the only Indian movie to make it to IMDb's Global Top 250 list of movies, bagging the 50th position, the filmmaker's production house announced via an Instagram post on Wednesday. The film features right below the 1988 thriller Cinema Paradiso, a movie the filmmaker "worships", Vidhu Vinod Chopra Films's Instagram page wrote, sharing a screenshot of the IMDb list. "VVC (Vidhu Vinod Chopra) has spent his life talking to everyone about how much he worships Cinema Paradiso and 12th Fail has now secured the #50 spot…

10 Feb

Shri Rajeev Chandrasekhar felicitated 11 candidates from the first batch of a project under the SANKALP Programme

Business BureauBusiness

With a vision to strengthen the growing logistics sector with skilled manpower, Shri Rajeev Chandrasekhar, Hon’ble MoS for E&IT, Skill Development & Entrepreneurship and Jal Shakti felicitated 11 candidates from the first batch of a project under the SANKALP Programme, implemented in the Medinipur district, West Bengal. The Logistics Sector Skill Council (LSC) will train 960 candidates in warehouse management, supervisory, and associate roles within a year, offering placement opportunities within the region and beyond upon completion and certification. West Bengal, India's fourth most populous and second most densely populated region is a vital human resource hub with the potential…

10 Feb

Yamaha unveils FZ-X in the all-new Chrome color scheme

Business BureauBusiness

India Yamaha Motor (IYM) Pvt. Ltd., in line with ‘The Call of The Blue’ brand campaign, introduced FZ-X in a stunning Chrome color scheme, elevating the style quotient of the line-up. This recent introduction reaffirms Yamaha's dedication to keeping its product range refreshed and contemporary, ensuring it resonates with the dynamic preferences of its customer base, particularly the vibrant younger buyers. Yamaha's FZ-X is now available in a Chrome color scheme, offering a blend of style and performance. The vehicle is priced at INR 1,39,700 (ex-showroom, Delhi) and the first 100 online bookings will receive a Casio G-Shock watch upon…

10 Feb

Ministry of External affairs issued a statement for Indian Nationals entering to Rakhine, Myanmar

Business BureauBusiness

The Ministry of External Affairs (MEA) issued a statement on cautioning Indian nationals against traveling to the Rakhine state. Additionally, the MEA advised Indian citizens currently residing in Rakhine to promptly vacate the area. The MEA has issued a warning to Indian citizens, citing the unstable security conditions, telecommunications breakdowns, and shortages of essential goods, and to those already in Rakhine, urging them to leave immediately. India has expressed concerns about the worsening situation in Myanmar and called for a swift resolution to the conflict. The MEA's weekly press briefing highlighted the need for an end to violence and Myanmar's…

10 Feb

Vi Business introduces Vi Business IoT Smart Central, pioneers seamless tomorrow for IoT asset management

Business BureauBusiness

Vi Business, the enterprise arm of Vi, has introduced Vi Business IoT Smart Central, redefining the landscape of IoT asset management. This avant-garde self-care platform revolutionizes business efficiency by connecting, controlling, and managing IoT assets remotely through a unified dashboard, promising a seamless tomorrow. What sets Vi Business IoT Smart Central apart is its future-proofing prowess, integrating IoT connectivity and device management on a singular platform. The platform boasts flexible APIs, ensuring effortless integration with third-party applications, and a user-friendly interface for streamlined asset management. Amit Satpathy, EVP, and Head IoT Business, Vodafone Idea, foresees Vi Business IoT Smart Central…

09 Feb

Samsung Galaxy XCover7 blend of military-grade durability

Business BureauBusiness

Samsung, India’s largest consumer electronics brand, launched its first ever enterprise focused smartphone - Galaxy XCover7, a powerful device which is rugged, and offers exceptional usability. Galaxy XCover7, engineered to survive extreme conditions aims to ease the lives of professionals, providing faster connectivity, seamless continuity, and minimizing risk of interruptions caused by external factors, allowing them to work faster and smarter. The Galaxy XCover7 offers 5G connectivity, improved processor performance, and increased memory for enhanced mobility. It features a powerful rear camera for barcode/QR code scanning and an expanded display size. The device also features a POGO charging pin for…

09 Feb

Axis Mutual Fund unveils its new fund offer ‘Axis S&P BSE Sensex Index Fund’

Business BureauBusiness

Axis Mutual Fund has launched the Axis S&P BSE Sensex Index Fund, an open-ended index fund tracking the S&P BSE Sensex TRI benchmark. The fund will be managed by Mr. Karthik Kumar and Mr. Ashish Naik and will open on February 8th, 2024, and close on February 22nd, 2024. The minimum investment is Rs. 500 and in multiples of Rs. 1/- thereafter. The S&P BSE Sensex Index is a free float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The fund aims to provide returns before expenses that correspond to the…

08 Feb

Shaadi.com CEO Slams IndiGo For ‘Inhumane’ Treatment Towards Passengers

Business CorrespondentBusiness

Anupam Mittal the CEO of Shaadi.com and a judge on Shark Tank India, took to X to express his discontent with IndiGo Airlines for what he describes as "inhumane" treatment towards the passengers. Mittal's grievances stem from two separate instances of significant flight delays he faced while flying with the budget carrier. His first discontent aroused during a flight from Delhi to Mumbai, where passengers were left waiting on the tarmac for over 45 minutes without air conditioning, apparently to reduce costs. The second incident took place on his return journey from Mumbai to Delhi, where the delay extended to…

08 Feb

42% of Kirana Stores Move Away from Paytm, Using Other Mobile Payment Apps: Survey

Business CorrespondentBusiness

After the RBI's restrictions against Paytm Payments Bank last week, 42 % of kirana stores have shifted from Paytm and started using other mobile payment apps, according to a survey by Kirana Club on Thursday. As per the survey, which covers 5,000 respondents, nearly 20 per cent said they intend to use other payment apps. The survey said the trust in Paytm has been lost among 68 % of Indian Kirana stores after the RBI statement. "The survey revealed another stark finding about the trust among local retailers regarding Paytm. It indicates that trust in Paytm has decreased among 68…