Business News Northeast - Latest Business Northeast News & Updates

25 Jan

Microsoft hits $3 trillion market value

Priyanka BhowmickBusiness, IndiaBusiness, India

Microsoft joined Apple as a three-trillion-dollar company on Wednesday, as its big bet on artificial intelligence continues to sway Wall Street.Now the world's second-largest company by market capitalization, Microsoft's shares rose 1.31 percent to $404.Apple ranks first at $3.02 trillion after reaching the $3 trillion market capitalization mark for the first time in January 2022. But it has fallen short of the milestone, even briefly losing its pole position as the largest company in the market when Microsoft briefly overtook the iPhone maker earlier this month. Microsoft is riding the wave of excitement over AI more than any other tech…

24 Jan

Dr. Elankumaran K, a renowned Surgical Gastroenterology, will be available for consultation

Business BureauBusiness

Dr. Elankumaran K, with 17 years of experience, holds degrees such as MS, MRCS, DNB, and MCH (AIMS), is a senior consultant at Apollo Hospitals Chennai, leads the Liver Diseases & Transplantation Centre, and specializes in liver transplant and HPB surgery. Provide consultation for Gastrointestinal Disorders: Abdominal pain, Gl Cancers, Pancreatic Diseases, Gall Bladder & Biliary Diseases, Liver Disorders: Alcoholic Liver Disease, Liver cancer, Fatty Liver disease, Hepatitis B & C, Jaundice, Liver Cirrhosis, Liver Transplant, Blood Vomiting, Abdominal Distention. Dr. Elankumaran K will be available for consultation on January 27th, from 3 p.m. onward, at the Apollo Hospitals Chennai…

24 Jan

Renowned Dr. V. Muraliadhararan will be available for consultation

Business BureauBusiness

Dr. V. Muraliadhararan, a senior consultant in Spine Surgery at Apollo Hospitals Chennai, holds MRCS, MCH, and FRCS degrees from the UK's prestigious Spine Surgery Institute. Provide consultation for Spinal Replacement Surgery, Spinal Deformities, Knee & Hip Pain, Scoliosis, Spondylolisthesis, Back Pain, Neck Pain, and Spine Related Problems & Requiring Spine Surgery. Dr. V. Muraliadhararan will be available for consultation at Apollo Hospitals (Chennai) Regional Office, Diamond Prestige Building, 4th Floor, Nonapukur Bus Stop, on 28th January, 09.00 am onwards. For booking an appointments, patients are requested to call at +91 8017363636 / +9162922 33636.

24 Jan

Kotak Mahindra Bank’s unaudited standalone and consolidated results

Business BureauBusiness

The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the unaudited standalone and consolidated results for the quarter and nine months since December 31, 2023, at the Board meeting held in Mumbai, today. The bank's standalone PAT for 9MFY24 increased to ₹ 9,648 crore, a 30% YoY increase from ₹ 7,444 crore in 9MFY23. The Q3FY24 PAT stood at ₹3,005 crore, an 8% YoY increase from ₹ 2,792 crore in Q3FY23. The bank's consolidated PAT for 9MFY24 increased to ₹ 12,876 crore, a 24% YoY increase from ₹ 10,359 crore in 9MFY23, and for Q3FY24 was ₹ 4,265…

24 Jan

Tide partners with Shah Rukh Khan to promote NEW& IMPROVED Tide

Business BureauBusiness

Tide elevates its market stance by forging an exclusive partnership with Bollywood luminary Shah Rukh Khan. The collaboration marks the debut of the 'ASLI SRK – Stain Removal King' campaign, introducing the latest iteration of Tide – the NEW & IMPROVED formula armed with advanced stain magnets. Tide's commitment to innovation, exemplified by previous successes like Tide Matic Liquid and Tide PODS, takes a bold step forward. The upgraded formula, tailored for both hand wash and machine conditions, boasts boosted stain magnets, specifically designed to combat stubborn stains like tea, coffee, oils, and gravy. Shah Rukh Khan, synonymous with perfection…

24 Jan

Tata & Zomato-backed Cult.fit fires 150 employees

Priyanka BhowmickBusiness, IndiaBusiness, India

Health and wellness platform Cult.fit (formerly Cure.fit) has laid off about 150 employees. This is the first layoff at the Bengaluru-based firm in three-and-a-half years. According to sources, the layoffs have affected employees across the department. "130-150 senior to mid-level employees were affected in the exercise," said a source requesting anonymity. Sources stressed that the layoffs are mainly to increase runways and cut costs. However, the company has denied any such reasons. A company spokeswoman said in a statement that it had "reduced some redundant positions to streamline operations." The move is part of a "regular annual operating planning process."…

24 Jan

Firestone announces Roadhawk 2z Tyre, promises top-notch performance and 5-year warranty

Business BureauBusiness

Firestone introduces the Firestone Roadhawk 2z, a next-generation tire tailored for the aftermarket. Boasting advanced technical features and a robust 5-year warranty, the Roadhawk 2z sets new industry standards with its exceptional performance, enhanced safety, superior mileage, and impressive braking capabilities. Specifically designed for hatchbacks, sedans, and CUVs, the Roadhawk 2z is compatible with 12 to 16-inch rim coverage. Mr. Rajarshi Moitra, Chief Commercial Officer, expressed confidence in the product's acceptance, stating, "It is a proud moment for us to introduce America’s revered tire brand and to include Roadhawk 2z in our product offerings." Addressing the demand for extended mileage,…

23 Jan

Flipkart honours top sellers at FlipStars Awards 2023 event

Business BureauBusiness

Flipkart, India's e-commerce platform, celebrated its sellers' achievements at the FlipStars 2023 event in New Delhi. The event was attended by Shri. Bhanu Pratap Singh Verma, Hon’ble Minister of State for Micro, Small and Medium Enterprises, Government of India, Mr. Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group, and celebrities/artists such as Mrs. Lara Dutta, Mr. Amit Trivedi hosted by Mr. Aparshakti Khurana. The FlipStars' Awards are an annual event honoring Flipkart sellers' achievements and success. Hosted by renowned celebrities, the event celebrates the efforts of over 750 sellers from across the country in fulfilling customer demands and positively impacting…

23 Jan

H&M accused of sexualizing children in new Advertisement

Priyanka BhowmickBusiness, IndiaBusiness, India

Swedish fashion giant H&M has taken out an ad for school clothes that critics said ‘sexualized young girls’, the company said on Tuesday. "Turn those heads in H&M's back to school fashion", the campaign, launched in Australia, features two young women in school uniforms. Social media users slammed the company for the ad, which was later withdrawn. “We have removed this ad. We deeply regret this offense and we are looking at how we handle the campaign moving forward," a company spokesperson told AFP. Melinda Tankardrist, a writer, asked the company about its intentions behind the ad. "What's your point…

23 Jan

CEAT ISRL chosen EKA Arena as the venue for the inaugural Ahmedabad race

Business BureauBusiness

The CEAT Indian Supercross Racing League (ISRL) is thrilled to announce the selection of EKA Arena (formerly The Arena/TransStadia Arena) as the distinguished venue for the Ahmedabad race of the inaugural season. The Ahmedabad race is scheduled to take place on the 11th of February 2024, promising an adrenaline-fueled spectacle of Supercross racing at this state-of-the-art multi-purpose stadium. EKA Arena, a vibrant sporting venue in Ahmedabad, was completed and opened on October 7, 2016, through a public-private partnership between Gujarat's government and SE TransStadia, led by Udit Sheth. With a seating capacity of 15,000 in its main football configuration, EKA…