Business News Northeast - Latest Business Northeast News & Updates

28 Nov

Samsung Innovation Campus Upskills 3,000 Less-Privileged Students Across India in AI, IoT, Big Data and Coding & Programming

Business Bureau0 CommentsBusiness

Samsung has upskilled 3,000 less-privileged students from eight Indian cities in future tech domains such as Artificial Intelligence, Internet of Things, Big Data, and Coding and programming under its flagship program, Samsung Innovation Campus. The program, executed by the Electronics Sectors Skills Council of India (ESSCI) through its nationwide network of approved training and education partners, aims to empower the country's youth and strengthen Digital India. The final batch of 120 students, from Babasaheb Bhimrao Ambedkar University in Lucknow, were felicitated and given certificates at a ceremony in Lucknow. Around a third of the 3,000 students trained under the program…

28 Nov

Project Maitri program focuses on promoting women’s entrepreneurship and self-reliance in North-Eastern region

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The Women Entrepreneurship Platform (WEP) and MakeMyTrip have partnered to launch "Project Maitri," a program aimed at supporting women's entrepreneurship and self-reliance in India's North-Eastern region. The initiative, launched at the Dorjee Khandu State Convention Center in Itanagar, aims to empower and inspire homestay owners across all northeastern states. The program will provide specialized training in hospitality, safety, digital marketing, and compliance, and recognize the top three homestay owners with awards. The initiative aligns with national goals of gender equality and economic development, with the potential to deliver long-term dividends as homestays in India can become a viable and lucrative…

28 Nov

TiE Delhi-NCR in partnership with Prayatna organizes ‘Malaria Hackfest’

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TiE Delhi-NCR and Prayatna have partnered to host the 'Malaria Hackfest - Predict, Plan & Prevent', powered by Mortein, aiming to address gaps in surveillance, location spotting, and forecasting malaria outbreaks. The initiative invites top tech schools in India, including IITs, NITs, and IIITs, to provide targeted solutions to fight Malaria, with the winner receiving up to INR 5 lakhs in prizes. Ravi Bhatnagar, Director, External Affairs and Partnerships, SOA, Reckitt, emphasized the importance of using technology-enabled innovations to effectively address malaria outbreaks in India, given the constantly changing nature of malaria trends such as antibiotic resistance, climate change, and…

28 Nov

PIEDS announces the launch of its start-up program, ‘Womenpreneur for Bharat 1.0’

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BITS Pilani’s technology business incubator, Pilani Innovation and Entrepreneurship Development Society (PIEDS) has launched its start-up program, 'Womenpreneur for Bharat 1.0,' in partnership with the Women Entrepreneurship Platform (WEP) and supported by Aditya Birla Capital Foundation, the CSR arm of Aditya Birla Capital Limited. The program, which has Mrs. Rajashree Birla as its mentor and Mrs. Vishakha Mulye, Dr. Pragnya Ram, and Mr. Subhro Bhaduri as its board directors, aims to support women entrepreneurs in BITS Pilani. The Arunachal Pradesh government and the Women Entrepreneurship Platform announced a partnership at a workshop on 'Enabling Women-Led Development through Entrepreneurship'. The initiative,…

28 Nov

Amazon and DGFT sign MoU to leverage Districts as Export Hub and boost MSME exports

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Amazon India has signed a memorandum of understanding (MoU) with the Directorate General of Foreign Trade (DGFT) to enable micro, small and medium enterprises (MSMEs) and boost e-commerce exports in India. The MoU aims to co-create capacity building sessions, training, and workshops for MSMEs across 75 districts, part of the Districts as Export Hubs initiative outlined in the Foreign Trade Policy. The initiative aims to link local producers in rural and remote districts with global supply chains. The MoU was signed in the presence of Shri. Santosh Sarangi (Additional Secretary and Director General of DGFT), Chetan Krishnaswamy (Vice President, Public…

28 Nov

As per IDC Q3’23 report that HMD Global regained its top position in the feature phone market

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HMD Global, the home of Nokia phones, has emerged as the undisputed leader in the feature phone market, securing the top position in market share by value and securing the second position by volume, according to the latest IDC Q3'23 report, yet again. The IDC report indicates that HMD Global has a significant increase of 4.2% in its market share, reaching 30.7% by value. In terms of volume, the brand holds a commendable 22.4% market share, marking a notable growth of 2.3% compared to the previous quarter. Nokia's performance in the feature phone market is attributed to strategic initiatives such…

28 Nov

The EV36Zero project puts Britain’s biggest car factory at the heart of future vision

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Nissan has invested £1.12bn into its UK operations and supply chain for R&D and manufacturing of two new models, inspired by three all-electric concept models. The EV36Zero hub in Sunderland will consist of three electric vehicles (EVs), three giga factories, and up to £3bn investment, benefiting Nissan's 7,000 UK employees and the 30,000 jobs supported in the UK supply chain. Nissan President and CEO Makoto Uchida stated that electric vehicles are at the heart of their plans to achieve carbon neutrality. The announcement follows Nissan's confirmation that all new cars in Europe will be fully electric and expects its passenger…

28 Nov

Flipkart has partnered with NEHHDC Guwahati, under the Flipkart Samarth program

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Flipkart has signed a Memorandum of Understanding (MoU) with the North Eastern Handicrafts & Handloom Development Corporation Ltd., Guwahati to strengthen its commitment to socio-economic growth in the Northeastern States. The MoU aims to enable national market access for women self-help groups from the Northeastern States and positively impact the livelihood of 1.5 million artisans, weavers, and Indian handicrafts. The MoU aims to create shared value for all stakeholders in the Northeast region, empowering artisans, increasing opportunities for handloom and handicrafts businesses, and enabling inclusion opportunities for women's self-help groups. NEHHDC, established in 1977, aims to develop and promote indigenous…

28 Nov

Black Friday generates record $9.8 billion in US online sales

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Black Friday generated a record $9.8 billion in U.S. online sales, up 7.5% from a year earlier. According to Adobe Analytics, mobile shopping has created $5.3 billion in online sales. Black Friday's best-selling categories were electronics such as smartwatches and televisions, as well as toys and gaming, CNBC reports.Vivek Pandya, a chief analyst at Adobe Digital Insights, was quoted as saying, "We have seen the emergence of very strategic consumers in the last one year where they are really trying to take advantage of these marquee days so that they can get the maximum discounts. Pandya noted that influencer and…

27 Nov

Eicher announced the launch of the Eicher Non-Stop Series

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Eicher has launched the Non-Stop Series of Heavy-Duty Trucks, designed for fast-haul transportation in the country. The series includes four new trucks, each equipped with powerful and fuel-efficient engines. The Eicher Pro 6019XPT, Tipper, Eicher Pro 6048XP, haulage truck, Eicher Pro 6055XP, and the Eicher Pro 6055XP 4x2 tractor-trucks are part of Eicher's extensive line-up of Heavy, Medium, and Light Duty trucks and buses. The Eicher Pro 6048XP, with a 48-tonne GVW, is powered by a fuel-efficient VEDX8 engine that delivers a high power of 300 hp and a high engine torque of 1200 Nm. The Eicher Pro 6055XP and…