Business News Northeast - Latest Business Northeast News & Updates

18 Nov

TOPCEM CEMENT DISTRIBUTES SCHOOL STATIONARY FOR NEEDY CHILDREN OF CHILD CARE HOMES AS PART OF WORLD CHILDREN DAY – 2023

Business Correspondent0 CommentsBusiness

On the occasion of World Children's Day 2023, TOPCEM CEMENT, in collaboration with Utsah Guwahati, undertook a commendable initiative to distribute school stationery to the underprivileged students of 10 Child Care Homes in Guwahati. This thoughtful endeavor is geared towards supporting these children on their educational paths, paving the way for brighter futures. The distribution event, held in Guwahati, saw the provision of school stationary kits to institutions like Kalyani Niwas, Rupnagar, Seven Sisters Children Home for Girls Bhagaduttapur, Sishu Kalyan Sadan, Jalukbari, Open Shelter Home for Boys, Panjabari, UTSAH Education/Community Centre, Bamunimaidan, Ashaneer Home Rupnagar, Amoya Cholihaloi Open Shelter…

17 Nov

Use of robotic surgery for arthritis treatment

Business Bureau0 CommentsBusiness

Dr. Vijay Kishore Reddy, a joint replacement and arthroscopy surgeon, discusses the use of robotic surgery for arthritis treatment. Unlike conventional surgery, which involves a physical assessment and X-ray, robotic knee replacement uses a detailed CT scan to create a three-dimensional model of the patient's knee. The surgeon and robot collaborate to create a surgical plan with higher accuracy. During the surgery, the robot assists the surgeon by placing arrays on the femur and tibia, allowing the robot and surgeon to know precisely where the knee is and how much bone to resects. The robot also provides guidance in ligament…

17 Nov

Google Photos gains generative AI

Priyanka Bhowmick0 CommentsBusinessBusiness

Google Photos, the popular gallery app used by millions worldwide, often gets new features that improve the overall user experience The tech giant is now rolling out two new AI-powered features that help reduce clutter and categorize screenshots and documents into albums. If you're someone who takes a lot of photos, your photo gallery can often be cluttered with similar images like sunsets or group photos. Google is introducing a feature called 'Photo Stacks' which aims to solve this problem. The new AI-powered feature automatically detects and groups similar photos and organizes them into piles. It also selects the top…

17 Nov

Apple to enable more texting features between Android & iPhones

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

iPhone users are now set to be friends with Android users on iMessage, as Apple has announced its decision to adopt the Rich Communication Services (RCS) messaging standard. This move paves the way for a unified messaging experience across the platform, allowing Android users to enjoy the full suite of iMessage features. Apple made the strategic decision to integrate the RCS messaging standard into its messaging platform in response to the European Union's Digital Markets Act and regulatory pressure from competitors such as Google and Samsung, 9 to 5 Mac reported. Apple will implement the feature in late 2024 through…

16 Nov

MSDE initiated the Training of Master Trainers & Assessors Program under the PM Vishwakarma Yojana

Business Bureau0 CommentsBusiness

As a strategic step towards implementation of the PM Vishwakarma scheme, the Ministry of Skill Development & Entrepreneurship (MSDE) announced the commencement of the Training of Master Trainers & Assessors Program under PM Vishwakarma scheme, to empower artisans and craftsmen community in identified trades. The National Institute for Entrepreneurship and Small Business Development (NIESBUD) is hosting a five-day residential training program from November 6th to 10th, 2023, which will train 41 master trainers from 10 states, including Delhi, Gujarat, Haryana, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh, Uttrakhand, West Bengal, and Chhattisgarh, focusing on trades such as barber, tailor, mason, carpenter,…

16 Nov

Snap recently held the inaugural APAC AR Day in Mumbai

Business Bureau0 CommentsBusiness

Snap Inc. hosted its inaugural APAC AR Day in Mumbai, India, celebrating Snapchat’s leadership in Augmented Reality (AR), its thriving AR creator and developer community, and the company’s ongoing commitment to democratising AR for users and brands. Snap CEO Evan Spiegel discussed the global adoption of Augmented Reality (AR) with Snap APAC President Ajit Mohan during a three-day trip to India. The conversation focused on India's creative talent pool, the future of AR, and Snap's innovative approach to this transformative technology. The event featured expert speakers from Snap, including VP Product Growth Ty Ahmad-Taylor, Global Director Arcadia Resh Sidhu, APAC…

16 Nov

Standard Chartered Bank cooperates with Tata Motors to offer Supply Chain Finance Solutions

Business Bureau0 CommentsBusiness

Standard Chartered Bank has partnered with Tata Motors to provide Supply Chain Finance Solutions to their EV dealers in India. Currently Standard Chartered Bank offers inventory funding limits to the ICE dealerships of Tata Motors, across its Passenger and Commercial Vehicle businesses. The Memorandum of Understanding (MoU) will enable the Bank to extend additional limits to the dealers exclusively for procurement of EVs from Tata Motors, through its subsidiary Tata Passenger Electric Mobility Limited (TPEML). Ankur Khurana, Managing Director & Co-Head, Client Coverage, India, Standard Chartered Bank, said, “This augurs well for our strategy to support sustainable industries, and is…

16 Nov

Star Health has been quick to settle claims and approve cashless treatments

Business Bureau0 CommentsBusiness

Star Health and Allied Insurance, India’s leading standalone health insurer, paid over Rs.14 crore in claims settlement in Guwahati in the last 15 months, i.e. from April ‘22- June ‘23. The company paid over Rs.13 crore in claim settlements to network hospitals and around Rs.1 crore in claim settlement to non-network hospitals in the region. Star Health paid over Rs.12 crore in cashless claim settlements between April 2022 and June 2023 in Guwahati, and over Rs.2 crore in reimbursement claim settlements. The company settled all cashless claims within 2 hours, with most initial authorizations for cashless treatment within 2 hours.…

16 Nov

Mahindra has launched the “Mahindra Jeeto Strong”

Business Bureau0 CommentsBusiness

Mahindra has launched the new "Mahindra Jeeto Strong," aiming to redefine last-mile cargo transportation. The Jeeto Strong has a higher payload capacity of 815 kg in diesel and 750 kg in CNG, enhancing productivity. It also offers best-in-segment mileage of 2.00 km/l in diesel and 35.00 km/kg in CNG. It comes with electric vacuum pump-assisted braking, a user-friendly digital cluster, and improved suspension. Mahindra also offers free accidental insurance worth ₹ 10 Lakh for the driver and an unmatched 3-year or 72000 km warranty, whichever is earlier. The Jeeto Strong is a successor to the Jeeto Plus, with a 100kg…

16 Nov

Minda Corporation records highest ever quarterly revenue of Rs. 1,196 crores

Business Bureau0 CommentsBusiness

Minda Corporation Limited, the flagship company of Spark Minda announced its financial results for the second quarter and half year ended September 30, 2023. Minda Corporation reported a 7% YoY consolidated revenue of Rs. 1,196 crores in Q2FY24, driven by strong domestic demand, increased business share with key customers, and product premiumisation. Despite geo-political issues, exports remained strong. EBITDA for the quarter was Rs. 131 crores, with a 11.0% growth margin of 18 bps, and a Profit after Tax (PAT) of Rs. 59 crores. Commenting on the results, Mr. Ashok Minda, Chairman and Group CEO said,“As we move forward, we…